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Vice President, Finance

Position overview

Reporting to the Chief Operating Officer, the Vice President of Finance will be a key member of the senior management team overseeing the Finance, Treasury and Risk Management functions. With increased experience, the position could grow to oversee more administrative and operational activities. A hands-on individual, the Vice President of Finance will be responsible for the management and carrying out of a full range of corporate controllership and day-to-day financial and administrative activities while providing financial management support to all four active and distinct divisions of the company.

Major responsibilities

  • Manage the Company’s financial plans, policies and procedures, internal controls and accounting practices.
  • Providing strategic guidance, based on numerical analysis to the Senior Management Team.
  • Ensure financial and management reporting data is accurate and issued on a timely basis in order to facilitate corporate decision making.
  • Plan and develop the annual operational budget and ensure adherence with only pre-approved variances due to business plan changes.
  • Supervise and participate in the preparation of monthly, quarterly and annual financial statements and reporting.
  • Managing the annual external review of the financial statements.
  • Oversee the preparation of US Federal, State, and Canadian income tax returns.
  • Responsible for overseeing the accurate filing of all commodity and payroll tax returns (HST, VAT (where applicable), WSIB, etc).
  • Manages the HR functions of a six-person department spread over two locations.
  • Provides Financial Management to the Studio operations.
  • Ensures that all Merrithew SOPs are complied with.
  • Manage the Treasury and Risk Management activities of the company.
  • Work collaboratively as a financial leader with functional heads across the company.
  • Manage banking and insurance relationships.
  • Develop and maintain a close working relationship with the IT and HR functions.
  • Fosters and champions team spirit amongst head office and plant personnel and encourages input and participation. Participates in and contributes enthusiastically towards the creation and growth of a spirit of openness, trust and respect throughout the entire organization. Influences and learns from below and other departments within Merrithew.

Skills and qualifications

  • CPA, CA with 5 - 8 years’ experience, in an SME owner managed company preferably in the manufacturing sector in a senior finance/accounting role.
  • Must be able to actively participate and provide sound advice and analysis for issues the ownership believe are critical to the business.
  • Cost accounting knowledge.
  • Full budget preparation experience.
  • Strong understanding of tax compliance including commodity, payroll and income tax.
  • Experience in import and export transactions.
  • Ability to work in a fast paced environment on numerous tasks and priorities at all times. Must be able to roll with the punches.
  • Strong negotiation and contract review skills. Can persuade others with sound arguments that your points are valid.
  • Ability to commute within the GTA.
  • Excellent written and verbal communication skills along with strong relationship and team building abilities.
  • Demonstrated ability to develop relationships with company business partners.
  • Strong understanding of ERP accounting/manufacturing and payroll software (Company currently operates with SAGE 300, ADP, TaxPrep).
  • Strong business acumen.

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Merrithew is committed to providing accessible employment practices that comply with the Accessibility for Ontarians with Disabilities Act (AODA). If you require accommodation during any stage of the recruitment and selection process, please indicate so by notifying Human Resources.

About Merrithew

Merrithew, Leaders in Mindful Movement, was co-founded by Lindsay and Moira Merrithew in 1988. For over 25 years they have been dedicated to enriching the lives of others by providing responsible exercise modalities and innovative fitness brands across the globe. Merrithew’s premier Pilates brand, STOTT PILATES®, delivers best-in class Pilates education and media to everyone from avid exercisers, elite athletes, and pre/post-natal clients, to rehab and fitness professionals, and is used by studios worldwide.

Other high-end Merrithew fitness brands include ZEN•GA®, Total Barre, CORE Athletic Conditioning & Performance Training and Halo® Training. Merrithew has trained over 50,000 students in over 100 countries. Merrithew’s Media Division (MMD) produces print and video-based content for professional and consumer markets.