Group Vice President, Finance

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Group Vice President, Finance

Apply locations Canada – Mississauga, ON United States – Durham, NC time type Full time posted on Posted 30+ Days Ago job requisition id R48737

Job Summary:

Job Description:

Who We Are
Modaxo brings together businesses focused on providing the technologies that move the world’s people each and every day. Working both together and independently, our businesses are focused on one thing – delivering software and technology solutions that help connect people with the places they need to go for work, family, and everyday life. No other organization brings together so many different businesses, competencies, and experiences under one global banner to focus exclusively on People Transportation. With people who are truly passionate about what they do, Modaxo understands the impact mobility has on the fabric of daily life. We thrive on delivering dependable solutions that meet the real-life needs of our customers in the communities where we live and serve.

What are we looking for
Reporting to the Group Leader, this role leads and manages all financial aspects for 5 business units and the group unit. The Group VP Finance will have overall responsibility for the financial operations of the group, including finance and accounting, compliance with statutory requirements, corporate governance, risk management, and legal for the businesses. Additionally, you will be required to take on an Integration Finance Manager role to oversee business integration activities for newly acquired entities in the market.
Each business unit, depending on the size and financial viability, will have a finance lead to be the business partner to each General Manager. These finance leader roles have a dotted line to the Group VP Finance. Additionally, there is a shared services finance team that reports directly to the Group VP Finance. This shared services team provides the day to day accounting operations, recording of transactions, and closing of the monthly financial statements for 4 of the business units. At the present time, four of the businesses are divisions of Trapeze North America and the fifth business is TransLoc. 

This position is right for you if you are results-oriented, have a high level of energy, have high attention to detail, and can communicate clearly and concisely. As a member of the group leadership team, you will share a passion for developing talent with a focus on building sustained long-term growth and creating a fantastic place to work.
 

Management 

• Support Group Leader and functional managers to develop clear business plans, priorities and forecasts in line with +/- 5% forecast accuracy targets 

• Lead the finance business partners within supported business to deliver excellent pro-active service to stakeholders 

• Provide strategic financial leadership on issues affecting the business 

• Recommend and lead efforts to improve ROIC (return on invested capital), working capital and/or growth performance 

  
  

Finance & Reporting

• Monitor and input on key metrics of individual customer contracts 

• Monitor and enforce Key Performance Indicators (KPI) 

• Ownership of ‘Quarterly Strategic Review’ (QSR) process, considering sales pipeline and costs analysis to prepare a robust forecast 

  
  

• Ensure execution of action points from the QSR review process 

• Accountable for accurate and timely monthly/quarterly consolidated financial reporting to ensure compliance of internal and external reporting and requirements in accordance with IFRS

• Responsible for the accuracy of revenue recognition, comfortable operating under IFRS15, including being accountable for project accounting and controlling

• Responsible for working with the businesses to assess market pricing, new deal pricing, and sales approach for our products.

  
  

Governance & Risk 

• Apply best practices to processes, people and systems to affect revenue, profitability and cash-flow, to improve operating efficiency and performance 

• Lead, implement and be accountable for introducing project profitability governance process across all businesses.

• Lead and implement introduction of new systems and processes such as new financial systems, expense management and other reporting systems 

  
  

• Responsible for Risk Management process review, effective internal controls, policy standardization and process improvements 

• Oversee and improve effective administration processes and systems for company records and contracts 

• Stay abreast of trends and regulations to ensure effectiveness and compliance for the finance functions 

Legal 

• Work closely with all functional leads to ensure projects bids and contract terms, financial and otherwise, adhere to corporate parameters 

Integration

• Responsible for supporting Portfolio CFO on acquisition target analysis, focusing on operational and financial impacts to the investment pre and post acquisition

• Evaluate existing finance resources and assist in the hiring of appropriate staff as required

  
  

• Educate the acquired management team on finance topics with a focus on them understanding how it will operationally impact their departments

• Accountable to the migration of finance systems and processes to portfolio best practices, including the training of finance resources

• Review and analyze legal documents for acquired businesses (including customer contracts, leases, and vendor agreements) with a goal of highlighting compliance and financial risks

• Travel domestically and internationally for business process review and acquisition integration or due diligence

  
  

Qualifications

• Proficient with Microsoft Office Suite, especially Excel

• Ability to perform under pressure and meet deadlines

• Previous experience working in a multi-unit, multi-P&L environment

• High integrity and personal ethics due to sensitive issues and information this role entails

  
  

• Desire to improve processes and systems rather than just keep the status quo

• Strong communication skills to work across time zones and cultural differences

• Well organized, detail-oriented and able to work variable hours when required

• Desire to support a culture of continuous learning

  
  

• Energetic, personable and results oriented

• A “can-do” attitude taking ownership; prepared to be held accountable for actions, behaviors and targets

Beneficial Skills / Experience

• 
  

  CPA

• Thorough understanding of IFRS for software (specifically IFRS 15 & 16)

  
  

• Experience Great Plains is an asset

Worker Type:

Regular

Number of Openings Available:

1

About Us

Here at Trapeze, we strive to ensure that our employees succeed in all aspects of their career. Our culture provides individuals with the ability and opportunity to collaborate, learn and grow. We encourage our employees to openly contribute ideas, whether you are a student, graduate, or current member of the team. From day one, you will be assigned tasks that are meaningful to both the success of our business and your career development.

Building strong and long-lasting relationships are a vital component to working with us. The connections you create, will be with individuals who care about your success and are driven to make a difference. We will provide you with the resources, responsibility, guidance and freedom needed to be successful. You can join our team today and create a long-term gateway to a fulfilling career.

We offer opportunities to work in various locations, move departments and expand your responsibilities. At Trapeze we won’t just give you a job, we will welcome you to a team who opens doors to endless possibilities.

We thank all applicants for their interest; however, only those who qualify for an interview will be contacted. *Professional recruiting agents or consultants need not call.

Trapeze is an equal opportunity employer, we recruit, hire, train, promote and provide all other privileges of employment to qualified people without regard to age, race, color, creed, national origin, gender, gender identity, gender expression, disability, marital status, veteran status, citizenship status, ethnicity, familial status, religion, sexual orientation or any other classification for which discrimination is prohibited. Please inform us if you have a disability or special need that requires accommodation.

Trapeze Group works with public transit agencies and their communities to develop and deliver smarter, more effective public transit solutions. For more than 25 years we have been Here for the Journey, evolving with our customers around the world to helping them move people from point A to Z, and everywhere in between. 

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