Director Of Finance & Controller (London)

Director Of Finance & Controller (London)

22 Oct
|
Progressive Industrial Fluids
|
London

22 Oct

Progressive Industrial Fluids

London

Controller & Director of Finance – Path to VP FinanceProgressive Industrial Fluids Ltd.London, Ontario | In office | Full time, PermanentCompensation:$130,000–$140,000+ base, depending on experience, plus performance-based incentiveLead Finance Today. Grow Into VP Finance.Progressive Industrial Fluids is looking for an exceptional Controller & Director of Finance to take immediate leadership of our accounting and finance department and help build the financial infrastructure required for our next stage of growth.This is more than a traditional Controller role.We need someone who can lead the department today: strengthen accounting processes and controls, improve reporting, develop the team and provide leadership with reliable financial information for better decision-making.For the right person, this role also offers a clear opportunity to progress into VP Finance.A candidate who demonstrates strong leadership, delivers meaningful improvements, aligns with our organization and proves capable of operating at an executive level will have the opportunity to advance into the VP Finance role and earn a seat on our Executive Leadership Team.About Progressive Industrial FluidsProgressive Industrial Fluids is a Canadian-owned manufacturer of specialty lubricants, metalworking fluids, stamping compounds and industrial chemical solutions. For nearly two decades, we have helped manufacturers improve processes, lower total operating costs and solve challenging production problems.We have invested significantly in the foundation for our next stage of growth, including:Modern ERP infrastructure through OdooExpanded manufacturing capabilitiesIn-house laboratory and technical servicesImproved processes, workflows, costing and operational dataAn established industrial customer baseA strategy to expand our Canadian business and enter key U. S. manufacturing marketsWe now need a finance leader who can strengthen the department we have today while helping design the financial organization we will need tomorrow.Your Initial MandateYou will become the senior internal leader of our accounting and finance function and work directly with ownership and senior leadership.Your immediate priorities will include:Leading and developing the accounting and finance teamStrengthening month-end and year-end processesImproving financial reporting and management visibilityEstablishing stronger controls and accountabilityImproving budgeting, forecasting and cash-flow management Strengthening product costing, inventory and margin analysisImproving ERP data integrity and financial processesClarifying roles and responsibilities within the departmentIdentifying financial risks, weaknesses and opportunitiesCreating a practical roadmap for the finance functionWe want someone who can quickly understand where we are, determine what needs improvement and turn that assessment into action.Path to VP FinanceWe are deliberately creating this role with room to grow.You do not need to already hold a VP title.



You may currently be a:Director of FinanceSenior or Corporate ControllerPlant ControllerDivisional Finance LeaderExperienced Finance Manager ready for a larger mandateYour current title matters less than what you have accomplished and what you are capable of building.To progress toward VP Finance, you will need to demonstrate the ability to:Lead the finance department effectivelyBuild trust with ownership and senior leadershipDevelop people and create accountabilityIdentify risks before they become problemsTurn financial information into business decisionsImprove systems without creating unnecessary bureaucracyUnderstand both the financial and operational sides of the businessHelp prepare Progressive financially for significant growthFinancial & Operational LeadershipAs the role develops, your responsibility will extend well beyond accounting.You will help us answer questions such as:How much capital will our growth require?How should we finance inventory and working capital as we scale?Which customers, products and markets generate the strongest returns?Where are we deploying capital effectively?What systems and controls will we need at twice our current size?How do we pursue aggressive growth without losing financial discipline?Key areas of responsibility will include:Cash-flow forecasting and working-capital managementInventory investment and cash-conversion analysisAccounts receivable and accounts payable strategyBanking, lender reporting and financing requirementsCapital expenditure analysisBudgeting, rolling forecasts and financial modellingRaw-material, labour and manufacturing overhead analysisProduct costing and gross-margin performanceCustomer and product-line profitabilityKPI development and management reportingGrowth scenarios and capital planningOur finance leader must be willing to understand how the business actually operates. You should be comfortable moving between the financial statements and the plant floor.ERP, Systems & DataOur ERP platform is Odoo. Specific Odoo experience is an asset but is not required. What matters is your ability to understand ERP systems, improve data integrity, develop meaningful reporting and ensure technology gives management better information while reducing unnecessary administrative work.Build the Finance TeamWe are not looking for someone who simply performs the work themselves. You will be expected to lead and mentor accounting and finance employees, establish clear expectations, improve accountability, identify skill or resource gaps and build a finance organization capable of supporting growth.Who We're Looking ForYou should bring:Progressive accounting and financial leadership experienceStrong manufacturing finance experienceStrong knowledge of financial statements and accounting controlsExperience leading month-end and year-end processesStrong understanding of working capital, inventory and cash flowCost-accounting and margin-analysis capabilitiesExperience with budgeting,



forecasting and financial modellingExperience with banks, lenders and external financial partnersStrong ERP and data-analysis capabilitiesExperience improving financial systems and controlsThe ability to communicate financial information to non-financial leadersDemonstrated leadership of accounting or finance professionalsA CPA designation is strongly preferred, but accomplishments, leadership ability and manufacturing experience will carry significant weight.The Person We're Looking ForYou are not looking for a comfortable accounting job. You want to build something.You ask why, challenge assumptions constructively and recognize problems before they become crises. You can move between a detailed costing issue and a long-term strategic discussion.You are comfortable respectfully challenging leadership when the numbers support your position, and you believe financial discipline should enable growth rather than prevent it.Most importantly, you want your work to have a visible impact on the company you help build.What Success Looks LikeDuring your first 12–18 months, we expect measurable progress in:Monthly and year-end financial reportingForecasting and cash managementFinancial controls and accountabilityProduct and customer profitability analysisWorking-capital and inventory managementBanking and lender reportingERP utilization and financial data integrityFinance team development and role clarityFinancial modelling for Canadian and U. S. expansionBuilding the financial infrastructure required for a substantially larger companyOur Interview ProcessWe are interested in more than your résumé and previous job titles.Candidates who advance through our process should be prepared to discuss how they would approach their first several months at Progressive Industrial Fluids.Finalist candidates should expect a discussion around the type of 30-, 60-, 90- and 180-day plan they would use to assess the department, establish priorities and begin strengthening the finance function.We are not expecting you to know every answer before joining us. We want to understand how you think, how you establish priorities and how you turn an assessment into a plan.Why Join Progressive Industrial Fluids?This is an opportunity to join an established Canadian manufacturer at an important point in its development.The foundation has been built. The market opportunity exists. The growth strategy is taking shape.For the right person, this role provides the opportunity to lead our finance function now, prove yourself as a senior financial leader and potentially advance into VP Finance with a seat on our Executive Leadership Team.We aren't looking for someone who wants to inherit a finished finance department.We're looking for someone who wants to build one.Compensation & Benefits$130,000–$140,000+ base salary, depending on experiencePerformance-based incentive opportunityRRSP matching programComprehensive health, dental and vision benefitsPaid vacationCompany eventsOn-site parkingLocation: London, OntarioWork Environment: 100% on-siteEmployment: Full-time, permanentWork Location: In person#J-18808-Ljbffr

📌 Director Of Finance & Controller (London)
🏢 Progressive Industrial Fluids
📍 London

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