Chief Financial Officer (CFO)

London, Watford, Sarnia, $110K - $130K/year, Full-Time

Schouten Excavating Inc. requires an energetic, motivated and career-minded Chief Financial Officer (CFO) responsible for reporting to and partnering with the Chief Executive Officer (CEO). The CFO will play a critical role in the development and implementation of the Schouten Excavating Inc. financial strategy. As a member of the senior leadership team, the CFO will be an advisor to the Divisional Leaders, evaluating and assisting them with their financial plans and economic modeling. The CFO will be responsible for overseeing all fiscal and fiduciary responsibilities for the organization, in conjunction with the Leadership Team.

Schouten Excavating Inc. offers competitive salary packages, an incredible work environment, and career advancement opportunities.

Job Duties

  • Create, coordinate, and evaluate the financial programs and supporting information systems of the company to include budgeting, tax planning, and conservation of assets.
  • Approve and coordinate changes and improvements in automated financial and management information systems for the company.
  • Ensure compliance with local, provincial, and federal budgetary reporting requirements.
  • Oversee the approval and processing of revenue, expenditure, and position control documents, department budgets, mass salary updates, ledger, and account maintenance and data entry.
  • Coordinate the preparation of financial statements, financial reports, special analyses, and information reports.
  • Develop and implement finance, accounting, billing, and auditing procedures.
  • Establish and maintain appropriate internal control safeguards.
  • Interact with other managers to provide consultative support to planning initiatives through financial and management information analyses, reports, and recommendations.
  • Ensure records systems are maintained in accordance with generally accepted auditing standards.
  • Develop and direct the implementation of strategic business and/or operational plans, projects, programs, and systems.
  • Analyze cash flow, cost controls, and expenses to guide business leaders. Analyze financial statements to pinpoint potential weak areas.
  • Establish and implement short- and long-range departmental goals, objectives, policies, and operating procedures.
  • Assess organizational performance against both the annual budget and Schouten Excavating Inc.’s long-term strategy.
  • Develop tools and systems to provide critical financial and operational information to the CEO and make actionable recommendations on both strategy and operations.
  • Engage the Board’s finance, audit, and investment committees around issues, trends, and changes in the operating model(s) and operational delivery.
  • Assist in establishing yearly objectives and meeting agendas, and selecting and engaging outside consultants (auditors, investment advisors).
  • Oversee long-term budgetary planning and costs management in alignment with Schouten Excavating Inc.’s strategic plan.
  • Maintain/evaluate current specialized finance systems and propose new systems if required.
  • Manage cash flow and forecasting.
  • Develop a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs.
  • Optimize the handling of banking relationships and initiate appropriate strategies to enhance cash positions.
  • Oversee budgeting and the implementation of budgets so as to monitor progress and present financial metrics both internally and externally.
  • Represent the company externally to media, government agencies, funding agencies, and the general public.
  • Recruit, train, supervise, and evaluate department staff.
  • Performs other responsibilities as necessary.

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