31 Oct
|
North American Resource Management
|
Saskatoon
31 Oct
North American Resource Management
Saskatoon
Chief Financial Officer (CFO)
Industrial Minerals and Fertilizer Production
Location: Saskatoon, Saskatchewan (in-office)
Reports To: Vice President
Position Type: Full-Time, Executive Leadership
Position Overview
The Chief Financial Officer (CFO) is responsible for the financial management, strategy, and performance of the Company, an industrial minerals and fertilizer producer with mining, mineral processing, manufacturing, and distribution operations.
As a key member of the executive leadership team, the CFO will oversee financial reporting, accounting, treasury, taxation, budgeting, forecasting, financing, and risk management. The CFO will also provide financial leadership for major capital projects, operational improvements, and strategic growth initiatives.
The successful candidate will combine strong financial and commercial judgment with an understanding of capital-intensive industrial operations, manufacturing economics, and commodity markets.
Key Responsibilities
1. Financial Strategy and Leadership
- Develop and execute the Company's financial strategy in support of its operational and long-term business objectives.
- Advise executive management and the Board of Directors on financial performance, capital allocation, business risks, and strategic opportunities.
- Provide financial leadership in major business decisions, investments, acquisitions, and strategic initiatives.
- Support corporate governance, Board reporting, and shareholder communications.
2. Financial Reporting and Controls
- Oversee corporate accounting, consolidated financial reporting, taxation, and financial systems, coordinating with the accounting teams at both plant locations.
- Ensure timely and accurate financial statements in accordance with applicable accounting standards.
- Maintain effective financial policies, internal controls, and reporting procedures.
- Manage external audits and relationships with auditors, tax advisors, and other professional service providers.
- Ensure compliance with applicable financial, tax, and regulatory requirements.
3. Treasury and Corporate Financing
- Manage liquidity, cash flow, working capital, and capital structure.
- Maintain relationships with banks, lenders, shareholders, and other capital providers.
- Negotiate and administer credit facilities, debt financing, and other funding arrangements.
- Monitor financial covenants and lender reporting requirements.
- Oversee financial risk exposures, including foreign exchange, interest rates, and commodity-related risks.
4. Financial Planning and Performance Management
- Lead annual operating and capital budgets, financial forecasts, and long-term financial planning.
- Monitor financial performance against budgets and operating plans.
- Analyze profitability, production costs, operating margins, and working capital performance.
- Establish financial and operational performance indicators to support management decisions.
- Work with operations and commercial management to identify opportunities for improved profitability and cost efficiency.
5. Oversight of Plant Finance and Accounting
- Provide financial leadership and oversight to professional accounting staff at the Company's two plant locations.
- Ensure plant accounting teams maintain responsibility for day-to-day accounting, financial reporting, cost accounting, and financial controls.
- Establish consistent financial policies, reporting standards, and procedures across both facilities.
- Coordinate with plant accounting personnel on budgets, forecasts, financial performance, and operational cost analysis.
- Support plant accounting teams in maintaining effective financial management, accountability, and alignment with corporate financial objectives.
6. Capital Projects and Project Financing
- Provide financial oversight of major capital projects, including plant expansions and recent production facilities.
- Evaluate project economics, financial returns, and investment risks.
- Monitor capital budgets, project costs, forecasts, and cash flow requirements.
- Support project financing, lender due diligence, and government funding applications.
- Ensure appropriate financial controls and reporting throughout project development and construction.
7. Commercial and Operational Support
- Provide financial analysis to support product pricing, customer profitability, and commercial decisions.
- Evaluate the financial implications of procurement, transportation, distribution, and supply chain arrangements.
- Support negotiations involving major customers, suppliers, and service providers.
- Monitor customer credit exposure and commercial financial risks.
8. Leadership and Organizational Development
- Lead the corporate finance function and provide financial leadership and support to professional accounting personnel at both plant locations.
- Establish clear responsibilities, performance expectations, and accountability.
- Improve financial systems, reporting capabilities, and business processes.
- Promote collaboration between finance, operations, commercial, and executive management.
Qualifications and Experience
Required Qualifications
- Professional accounting designation (CPA or equivalent).
- Bachelor's degree in accounting, finance, business administration, or a related discipline.
- Minimum 15 years of progressive financial management experience, including senior leadership responsibilities.
- Experience as a CFO, Vice President Finance, Finance Director, or equivalent senior financial executive.
- Experience in manufacturing, mining, mineral processing, chemicals, fertilizers, or another capital-intensive industrial sector.
- Strong knowledge of financial reporting, taxation, treasury, internal controls, and corporate financing.
- Demonstrated experience with budgeting, forecasting, financial modelling, and capital management.
- Experience providing financial oversight of major capital projects.
- Proven leadership and team development capabilities.
Preferred Qualifications
- Experience in the fertilizer, industrial minerals, potash, or specialty chemicals industries.
- Familiarity with Canadian and U.S. markets and cross-border business operations.
- Experience with project financing, government funding programs, and industrial construction projects.
- Experience with mergers, acquisitions, and corporate restructuring.
- Knowledge of mining royalties, environmental liabilities, and asset retirement obligations.
- Experience with ERP systems and manufacturing cost accounting.
Key Competencies
Strategic and Commercial Judgment: Ability to evaluate financial and business opportunities and support sound management decisions.
Operational Understanding: Appreciation of manufacturing economics, production costs, capital investment, and supply chain management.
Financial Management: Strong capabilities in cash flow management, financial controls, financing, and financial planning.
Leadership: Ability to develop effective teams and work collaboratively across the organization.
Communication: Ability to present financial information clearly to management, the Board, shareholders, and lenders.
Execution and Accountability: Practical, results-oriented approach with strong organizational and problem-solving skills.
Key Performance Expectations
The CFO will be expected to:
- Maintain adequate liquidity and a sustainable capital structure.
- Deliver accurate, timely, and meaningful financial reporting.
- Support achievement of profitability, cash flow, and working capital objectives.
- Maintain effective financial controls and regulatory compliance.
- Provide financial oversight of major capital investments and financing initiatives.
- Develop an effective finance organization that supports operations and future growth.
Position Profile
The ideal candidate is a commercially minded, hands-on financial executive with experience in capital-intensive industrial operations.
The CFO will be expected to balance financial stewardship with strategic business support, working closely with executive management, plant accounting personnel, and commercial teams to improve financial performance, manage risk, and support profitable growth.
Pay: $87,100.00-$230,000.00 per year
Work Location: In person
📌 Chief Financial Officer (Saskatoon)
🏢 North American Resource Management
📍 Saskatoon