Chief Financial Officer

Job Title: Chief Financial Officer (CFO) Location: Onsite – Ottawa, Ontario Reports To: Company President Company Overview: AutoShack is a leading automotive parts retailer committed to delivering high-quality products and exceptional customer service. With a strong presence in both retail and e-commerce sectors, we are poised for significant growth and seek a seasoned financial leader to drive our strategic initiatives. Position Overview: We are seeking a dynamic and experienced Chief Financial Officer (CFO) with a proven track record in both e-commerce and retail. The ideal candidate will possess extensive financial management experience, strategic acumen, and a hands-on approach to leadership. This role demands a deep understanding of the unique challenges and opportunities within the online retail sector, including financial planning, accounting, budgeting, and risk management. Key Responsibilities:

1. Strategic Financial Leadership

• Develop and implement financial strategies to support AutoShack’s retail expansion and online sales growth.
• Oversee financial planning, budgeting, forecasting, and analysis to achieve profitability targets and support business objectives.
• Provide guidance on mergers, acquisitions, and business development opportunities, ensuring alignment with the company’s strategic goals.

1. Retail and E-Commerce Expansion

• Lead financial strategies for opening and managing up to 50 new retail locations, including site selection, cost analysis, and ROI evaluations.
• Partner with operational teams to optimize retail operations, ensuring financial sustainability.
• Drive growth in the online B2C sales division, focusing on customer experience, operational efficiency, and profitability.

1. Capital Management and Fundraising

• Manage capital structure, including securing debt and equity financing to fund expansion initiatives.
• Build and maintain strong relationships with investors, banks, and financial institutions.
• Ensure optimal utilization of financial resources to achieve long-term growth objectives.

1. Financial Reporting and Compliance

• Oversee the preparation and presentation of accurate and timely financial statements and reports in compliance with GAAP and other regulatory standards.
• Ensure compliance with tax regulations, audit requirements, and financial reporting standards.
• Lead internal and external audits to maintain accountability and transparency.

1. Operational Finance and Systems

• Oversee day-to-day financial operations, including accounts payable, accounts receivable, payroll, and financial controls.
• Develop and implement financial policies, procedures, and internal controls to enhance operational efficiency.
• Evaluate and optimize budgeting processes to align with financial targets and company goals.

1. Leadership and Team Management

• Build, mentor, and lead a high-performing finance team, fostering a culture of excellence and accountability.
• Collaborate with the executive team to drive overall business performance and strategic decision-making.
• Act as a trusted advisor to the Company President on financial matters, providing insights to support long-term growth.

• Education:
• Bachelor’s Degree in Finance, Accounting, or a related field; CPA required.
• Experience:
• Minimum of 10 years of progressive financial leadership experience, with at least 5 years in a CFO or equivalent role.
• Extensive experience in both e-commerce and retail is essential.
• Proven track record of leading financial strategies for significant business growth and expansion.
• Skills:
• Strong strategic thinking and analytical skills.
• Exceptional leadership and team management abilities.
• Excellent communication and interpersonal skills.
• In-depth knowledge of financial regulations and compliance standards.
• Proficiency in financial management software and advanced Excel skills.