VP, Finance (Red Deer)


Position Summary

The Vice President of Finance (VP Finance) has primary responsibility for the planning, implementation, managing and running of all the finance activities of a company, including business planning, budgeting, forecasting and negotiations. They are expected to perform effective risk management, financial and investment strategies. The VP Finance should be an effective leader and will be considered a key member of Senior Management who will facilitate the delivery of sustainable value creation and preservation.

Position Responsibilities

• Take direction and fulfill responsibilities from the CEO/President
• Provide leadership, direction and management of the Accounting, and Financing departments
• Provide strategic recommendations to the CEO/President and the Senior Management team
• Manage the processes for financial forecasting and budgets, and overseeing the preparation of all financial reporting (G/L, receivables, payable, payroll, financial reporting and taxation); ensure timely, accurate reporting in line with GAAP and government requirements
• Advise on long-term business and financial planning
• Establish and develop relations with Senior Management and external partners
• Review all formal finance procedures
• Assist in formulating the company's future direction and supporting tactical initiatives
• Oversee employee benefit plans, with emphasis on maximizing a cost-effective benefits package
• Supervise acquisition due diligence and negotiate acquisitions
• Construct and monitor reliable control systems
• Maintain relations with external auditors and investigate their findings and recommendations
• Ensure that record keeping meets the requirements of auditors and government agencies
• Maintain banking relationships
• Ensure cash flow is appropriate for the organization’s operations
• Certify that the company complies with all legal and regulatory requirements regionally, nationally and internationally
• Maintains financial staff by selecting, orienting, and training employees.
• Maintains financial staff job results by coaching, counseling, and disciplining employees; planning, monitoring, and appraising job results.
• Oversee the cycle count program and the year end physical counts.

Skills and Competencies

• Stellar leadership and interpersonal skills, including communication, negotiation, strategic thinking, change management, emotional intelligence, analytical problem solving, and decision-making skills
• Can strike a balance between coping with volatility, uncertainty, and short-term pressures and executing the long-term vision and objectives of Kings
• Required to have an ethical mindset with an expert-level business acumen
• In depth knowledge of corporate financial law and risk management practices
• Excellent knowledge of data analysis and forecasting methods
• Proficient in the use of MS Office and financial management software
• Ability to think outside the box and work in a ‘hands on’ role while performing Operational and Cost Accounting processes and procedures
• High sense of urgency in providing strong level of service and follow-through

Minimum Educational and Experience Requirements

• A Master’s degree in Accounting, Finance, Business Administration or Economics is required
• Preference will be given for CPA, CMA, CGA Certification
• A minimum of 10 years’ experience in the finance industry is a must
• Experience in the oil and gas service industry considered an asset
• Experience with regional, national, USA and international integrations, mergers and acquisitions would be considered an asset
• Extensive knowledge of finance, accounting, budgeting and Generally Accepted Accounting Principles
• Knowledge using Great Plains Dynamics and SalesPad software would be an asset
• Experience in finance and operations in the USA and internationally considered an asset
• Capability to handle finance and operational accounting for USA and other international subsidiaries