07 Aug
|
ISG Search
|
Ontario
07 Aug
ISG Search
Ontario
Director of Finance (Group CFO) (BBBH12005) Toronto, Canada
Salary: CAD180,000 - CAD200,000 per year
Permanent position.
Our client is a global insurance organization with operations across North America, Europe, and Asia. Headquartered in Europe, the company is recognized for its financial strength, disciplined growth strategy, and commitment to delivering innovative insurance solutions across multiple markets. As the organization continues to expand its North American presence, they are seeking a strategic finance leader to oversee the Canadian finance function and serve as a key advisor to both local and international stakeholders.
Our client is seeking a Director of Finance (Group CFO) to lead the Canadian finance organization and act as a strategic business partner to executive leadership and the Board. This role will be responsible for financial reporting, regulatory compliance, budgeting, forecasting, treasury, governance, and business planning while providing financial insight and advisory support to drive organizational performance and growth.
Principal tasks and responsibilities include:
Lead all month-end, quarter-end, and year-end close activities, ensuring accurate and timely financial reporting
Oversee the preparation and review of financial statements, management reporting packages, and consolidated reporting requirements
Prepare and present board reporting materials, financial performance updates, strategic recommendations, and business insights to executive leadership and board-level stakeholders
Act as a trusted advisor to senior leadership by providing financial guidance, risk assessments, and strategic recommendations to support decision-making
Develop and manage annual budgets, forecasts, long-range plans, and financial models to support growth and profitability objectives
Lead treasury management, liquidity planning, cash flow forecasting, and capital management activitiesOversee regulatory reporting requirements and ensure compliance within a regulated financial services environment
Manage relationships with external auditors, regulators, banking partners, tax advisors, and other key external stakeholders
Ensure solid governance, internal controls, risk management practices, and financial policies are maintained across the organization
Partner with operational and commercial leaders to identify opportunities for business improvement, profitability enhancement, and operational efficiency
Support strategic initiatives including acquisitions, integrations, market expansion opportunities, and corporate development activities
Develop and monitor financial and operational KPIs to drive accountability and performance across the business
Lead, mentor, and develop a high-performing finance and accounting team
Drive finance transformation initiatives, reporting enhancements, process improvements, and automation projects
Collaborate closely with international finance teams and global leadership to ensure consistency in reporting, planning, and financial strategy
Serve as a key liaison between Canadian operations, global headquarters, executive leadership, and board-level stakeholders
Qualifications and prerequisites
CPA designation required
12+ years of progressive accounting and finance experience, including senior leadership responsibilities
Experience within insurance, financial services, banking, wealth management, or another regulated industry
Strong background in financial reporting, treasury, budgeting, forecasting, capital management, governance, and strategic planning
Demonstrated experience preparing and presenting board reporting packages and supporting board-level discussions
Proven ability to act as a strategic advisor to executive leadership and influence organizational decision-making
Experience managing relationships with auditors, regulators, financial institutions, investors, and other senior stakeholders
Experience working within a multinational or global organization is strongly preferred
Knowledge of insurance accounting, regulatory reporting, solvency requirements, and risk management frameworks is considered an asset
Robust understanding of governance, internal controls, audit requirements, and compliance environments
Advanced ERP systems experience and strong Microsoft Excel skills
Exceptional communication, presentation, leadership, and stakeholder management capabilities
Ability to balance strategic leadership with hands-on execution when required
Additional information or perks
Competitive annual bonus program
Comprehensive health and dental benefits
Hybrid work environment
Executive leadership role with direct exposure to global headquarters and board-level stakeholders
Opportunity to influence business strategy and organizational growth
Join a financially strong international organization with a significant North American presence
Office located in Toronto's east end with convenient access to Highway 401
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📌 Director of Finance (Group CFO) (Ontario)
🏢 ISG Search
📍 Ontario