Senior Manager, Finance

About Us

The Ontario Cannabis Store provides safe, responsible access to recreational cannabis for adults 19 and older. We operate the sole legal online store for recreational cannabis in Ontario and are the provincial wholesaler of cannabis for private retail stores.

Working at the OCS is a unique opportunity to be part of an agile start-up in a ground-breaking new industry.  We’re a diverse team passionate about delivering a great customer experience, working together with mutual respect and building value out of our differences.  We’re an inclusive organization that understands that delivering great results comes out of ensuring every voice is heard.  

About the Role

We're seeking a Senior Manager, Finance to join our team. The Senior Manager, Finance will direct timely, accurate finance activities ensuring all transactions are processed and recorded in accordance with International Financial Reporting Standards (IFRS) and Government policies, guidelines, and legislation. The Senior Manager, Finance will provide strategic direction, lead finance projects and initiatives and support other projects and initiatives of the organization, seeking to implement and continuously improve processes. The Senior Manager, Finance will also act as an advisor with stakeholders with respect to current and proposed business activities, financial analysis tools and methodologies to ensure integrity and compliance.

About Your Day

• Direct highly complex finance activities and reconciliations
• Proactively analyze and interpret financial information; identify and communicate trends, patterns and events to leadership.
• Collaborate with finance leadership to develop finance processes, policies and procedures.
• Ensure the integrity and accuracy of all corporate accounting functions and financial information
• Oversee the Treasury and Revenue, or Accounts Payable and Inventory functions of the corporation
• Control and maintain adherence to Generally Accepted Accounting Principles and IFRS and established procedures, practice, and standards
• Manage the reconciliation of General Ledger Accounts, reviewing for accuracy, account balance issues, ageing issues and takes appropriate action to clear outstanding balance and resolve issues
• Ensure that the OCS corporate accounting policies and practices comply with legislated requirements and the requirements of the Office of the Auditor General
• Develop and monitor effective finance processes and systems to maintain accounting controls
• Prepare department for annual and interim audits (internal / external)
• Ensure financial compliance with policies and procedures, audit and accounting disclosure requirement, and applicable legal rules and regulations.
• Manage the period end process by ensuring the accuracy and timeliness of journal entries and interfaces
• Oversee monthly financial reporting and prepare corporate financial statement package for senior management in compliance with GAAP and established processes, procedures, and policies
• Act as a key contact for auditors and ensure relevant information is provided
• Maintain and analyze financial issues and develop business recommendations for senior management, internal and external auditors
• Prepare, review, and analyze specialized and/or adhoc reports
• Identify recurring trends and provide recommendations
• Establish and implement short and long-range organizational goals, objectives, strategic plans, policies, and operating procedures
• Identify opportunities and champion major initiatives for continuous improvement in finance processes, increasing accuracy and quality
• Manage ongoing relationships with vendors.
• Work cross functionally to support and advise on key growth initiatives, business case development and financial modelling
• Participate in ensuring continuous improvement by identifying and recommending redesigned systems, processes, and procedures to improve efficiency and streamline operational practices
• Assist in the development and monitoring of strategic KPIs, by working with other business units to collect, analyze and interpret internal financial and operational data
• Responsible for effective staff management, including hiring and orientation, training and development, workflow and performance management, and the promotion of an inclusive and innovative work environment

About You         

• Completion of Post-Secondary Education in Finance, Accounting, or related field of study
• 8+ years of finance or accounting experience with progressive responsibility
• Experience with operational and strategic planning
• 3+ years of finance leadership experience
• Certified Public Accountant (CPA) Designation or related accounting designation [Charted Accountant (CA), Certified General Accountant (CGA), Certified Management Accountant (CMA)] in good standing
• Advanced knowledge of accounting principles.
• Demonstrated experience with financial systems (ERP, D365 preferred) and data query tools
• Strong analytical skills used to convert detailed and complex information and into meaningful business recommendations and insights
• Excellent interpersonal skills
• Excellent written and verbal and communication skills, with ability to interact at all levels of the organization to develop superior working relationships
• Advanced skills Microsoft Office suite with emphasis on Excel

About the Job

• This position currently offers a hybrid work schedule. The current in office requirement is a minimum of 3 days/week (may be more depending on business needs). The OCS office is located near York Mills and Yonge Street. However, OCS reserves the right to change this policy and its office location at any time.
• City: Toronto, ON 
• Employment Type: Permanent, Full- Time
• Required Travel: Rare, usually within the GTA

Compensation

The target hiring range for this position is $110,000- $120,000. This is a pay grade 8 role, with a salary range of $93,757.39- $145,670.28. Placement in the salary range will be based on factors such as market conditions, internal equity, and candidate experience, skills, and qualifications relevant to the role.

We are committed to providing an accessible, equitable and inclusive candidate and employee experience. We provide reasonable accommodation throughout the recruitment process and in employment. If you require an accommodation please let us know, we will work with you to meet your needs.