Director, Treasury and Accounts Payable

Come join one of Canada’s fastest growing retail companies now with seven distinctive brands across the country! Following a number of acquisitions, we are building out our finance team to support the overall organization. This newly established position will play a pivotal role in shaping a top-tier finance team capable of optimizing operations and navigating the unique challenges posed by our ambitious growth plans. You will gain invaluable experience working directly with exceptional leaders, contributing significantly to a streamlined, efficient organization that prizes proactive problem-solving. Prepare for a dynamic environment where no two days will be the same!

Located in the heart of downtown Toronto, our hybrid work model offers the ideal blend of in-person mentorship with our senior leadership and the flexibility to work from your preferred location, ensuring a balance of learning and adaptability.

Reports To

CFO

Summary

The Director of Treasury is accountable for overseeing cash and treasury management, including procure to pay and order to cash and risk management. Furthermore, oversees in addition to core treasury responsibilities, the Director of Treasury manages the Accounts Payable, Accounts Receivable, Cash Reconciliation and Sales Audit functions. As part of this role, the incumbent will create accurate cash flow forecasts and advise on insurance and other risk management initiatives. Occasional involvement in due diligence for M&A transactions will also be required.

Core Competencies

Strong analytical/critical thinking skills with experience in risk management

Highly detail-oriented, yet big picture focused

Thrives in a dynamic, fast paced environment and data-rich environment

Is adaptable and comfortable with ambiguity and change

Highly organized delivering quality, accurate and timely work to meet deadlines

Excellent interpersonal skills: a team player who can act as both a leader and an individual contributor as required

Strong organization and time management skills, and able to work under pressure

Great communication skills and proven ability to liaise with key stakeholders

Flexible and adaptable to changing priorities while keeping an eye on the prize

Job Duties

Manage the cash funding requirements, prepare short-term rolling weekly cash forecasts, and evaluate actuals vs forecast.

Assist the Executive Team with various corporate finance, strategic planning opportunities and special projects.

Adhere to and promote treasury/accounting controls by following policies, principles, procedures, complying with federal, provincial, and financial & legal requirements.

Ensure cash funding requirements are met including initiating internal transfers and other cash activities on a weekly basis. Provide intercompany settlement recommendations to support cash movements in the bank.

Manage the company’s corporate credit card program, banking and insurance relationships.

Oversee and lead the Accounts Payable, Accounts Receivable, Cash Reconciliation and Sales Audit function.

Implement process, enhanced documentation, system improvements, including add-ons for the financial ERP system to help identify risks and drive efficient internal processes.

Liaise with the other departments and auditors as required.

General team administrative activities including coaching, oversight of direct reports, and ensuring key performance metrics and goals are discussed and managed.

Such other duties and functions as the Company may assigned from time to time.

May be available to work some holidays and weekends.

Requirements

Bachelor’s Degree at minimum.

5 + years experience in treasury with some experience in accounts payable

MS excel proficient - experience with pivots, VLOOKUP’s and excel formulae.

Experience with Microsoft D365 ERP systems an asset.

The FIKA Company respects the diversity of the people it hires and serves. Inclusion to us means fostering a workplace in which individual differences are recognized, appreciated, respected, and responded to in ways that fully develop and utilize each person’s talents and strengths.

*Thank you for your interest and application, only those selected for next steps will be contacted. *