Head of Finance

Stelumar Advanced Manufacturing Inc. Toronto, ON Mississauga, Canada


A screenshot of a computerDescription automatically generated with low confidence

 

Role:

Head of Finance

Location:

Toronto & Mississauga

Company:

Stelumar Advanced Manufacturing Inc.

Department:

Finance

Employment Type:

Full-Time, Permanent

Reports to:

General Manager

 

Mattamy Asset Management (MAM) is an asset manager focused on building a diversified portfolio of investments across geographies, asset classes and the spectrum of risk and return. Mattamy Asset Management is the parent company of Mattamy Homes Canada and Mattamy Homes U.S., which together comprise the largest privately held homebuilding platform in North America. Stelumar Advanced Manufacturing Inc. (SAMI), is the newest business enterprise launched under the Mattamy Asset Management umbrella (leveraging the name of a former Mattamy operation known for creativity and innovation). SAMI is a modern, advanced manufacturing company that will utilize automation and robotics, in a brand-new facility to be built in the GTA. The business is expected to grow quickly and significantly as production capacity is built and it scales to meet demand. The focus of SAMI will be on enhancing the customer and homebuilding experience through innovative, next-generation production methods for elements such as cabinetry, modular and prefabricated building components (e.g. wall and floor panels).

 

Learn more about what makes working at Mattamy special and our award-winning culture.

 

What we offer

The Head of Finance is a highly skilled and strategic individual that will be responsible for leading all elements of the finance function, reporting directly to the General Manager. The successful individual will be getting into the weeds on all financial elements required for our start-up to succeed, including, but not limited to, developing annual financial plans and budgets, financial modelling, forecasting performance, setting up financial processes and systems, and conducting analysis to support decision-making and identifying areas for improvement. The successful candidate will work in close collaboration with the General Manager and Mattamy Asset Management’s Finance team on the establishment of a strong and healthy finance function for the new business. The ideal candidate is inquisitive and detail-oriented, has experience in manufacturing environments, and has a strong background in cost accounting, financial accounting, and FP&A.

 

What you’ll do

  • Lead the company’s long term Financial Planning, annual budget cycle, monthly reporting and cashflow forecasting process as well as stress testing assumptions while working directly with all business segments to produce high quality plans
  • Prepare dynamic financial models, reports, and presentations to support data-driven recommendations, including performing business case and trade-off analysis related to new business initiatives, manufacturing costs, inventory, and other expenses
  • Analyze changes in product design, raw materials, manufacturing methods, or services provided, to determine effects on costs. Analyze actual production costs and prepare periodic reports comparing projected to actual production costs
  • Develop, implement, and maintain the chart of accounts and master data hierarchies in alignment with Mattamy Asset Management
  • Develop, implement, and maintain accurate costing methodology
  • Foster strong working relationships across all business segments, and successfully develop direct reports
  • Assist with the creation of KPI’s that SAMI can leverage for better budgeting and forecasting; creation of corresponding dashboards for key KPI’s for department heads, finance, and other decision makers
  • Analyze and identify trends in key performance drivers and oversee monthly variance analysis processes, including communication with corporate stakeholders and follow-ups with division owners
  • Full accounting ownership, with particular focus on month-end close activities related to cost accounting, including but not limited to department expense variances (actual to budgets/forecasts), monthly revenues and associated gross margin analysis while focusing on tools and training to make the process more efficient
  • In collaboration with MAM Finance leaders, advise on technical accounting matters and the implementation of policy change divisionally and company-wide. Advise on accounting and system impacts of new operations, legal entity restructuring, or complex accounting issues
  • Responsible for oversight of bank compliance reporting in conjunction with the MAM Treasury group.
  • Support the General Manager and Director of Supply Chain with the Procure-to-Pay process. 
  • Provide support and/or lead special/strategic projects
  • Other duties as required

 

What you bring

  • University Degree, with a specialization in Finance or Accounting
  • CPA Designation
  • 8+ years of experience with increasing responsibility, including 2+ years of people leadership
  • Strong background in cost accounting, financial modelling and planning, with a track record and orientation towards continuous improvement
  • Strong understanding of cash flow forecasting, ability to create cash flow models that incorporate intelligent forecasting methodologies including identifying drivers in the operations to improve cash and capital returns
  • Strong customer focus with excellent relationship building and a collaborative working style
  • Exceptional communication skills, both written and verbal, including the ability to communicate effectively with all levels of the organization
  • Demonstrated ability to build, lead, and mentor a team while fostering a positive and inclusive culture of innovation, collaboration, and continuous improvement
  • Ability to be hands-on and detail oriented, but also able to think strategically
  • Inquisitive nature and sound judgment, with the ability to critically analyze situations, problem-solve, and deal with ambiguity
  • Demonstrated knowledge of current Canadian accounting standards under ASPE
  • Demonstrates the highest level of ethics and personal integrity
  • Demonstrates proficiency in MS Office applications; ability to quickly learn and demonstrate functional competence with financial systems

 

Bonus Points:

  • Experience in manufacturing environments is considered an asset
  • Demonstrated experience in corporate development or strategic planning.

 

We encourage applicants who meet most of the role requirements to hit that submit button and apply! It’s okay if you don’t have 100% of the requirements. If you’re the right candidate, we’ll help you learn and grow.

 

Who we are

Mattamy Asset Management (MAM) is the parent company of Mattamy Homes Canada and Mattamy Homes U.S., which together make up the largest privately held homebuilding platform in North America.

 

Be yourself. We want it that way.

At Mattamy, we're passionate ab​​out creating and promoting a diverse and inclusive environment where everyone can do their best work. Diversity and inclusion are important to the work we do to support our homebuyers, colleagues, and communities. From how we build our teams to cultivating our leaders, we're on a journey toward a welcoming, barrier-free culture for everyone. ​​​​

 

Mattamy Asset Management is committed to providing accommodation for people with disabilities. If you require accommodation through any aspects of the selection process, please notify us on your application and we will work with you to meet your needs.

 

Qualified applicants will be contacted directly by the Talent Acquisition team.

Graphical user interfaceDescription automatically generated