Finance Manager

THE COMPANY

FOG Software Group acquires, manages, and builds software companies in a variety of vertical markets, enabling them to be clear leaders in their industries. Our companies provide mission-critical enterprise solutions for vertical industries across the entire industry value chain.

As an operating group of Vela Software Group, FOG Software Group is all about strengthening businesses within the markets in which we compete and enabling them to grow – whether through organic measures such as new initiatives and product development, day-to-day business, or through acquisitions.

Vela Software Group is a subsidiary of Constellation Software Inc. (www.csisoftware.com), listed on the Toronto Stock Exchange. Constellation Software is a conglomerate of vertical market software companies and has completed over 800 acquisitions since our inception in 1995.

Position:

This multifaceted role demands hands-on management and strategic direction in the day-to-day finance operations coupled with strong business acumen to support a portfolio of businesses, with an initial focus on a new acquisition. The incumbent will assist in the due diligence process of a potential acquisition target, identifying risks and opportunities through analysis, auditing, and discussions with management as well as assist with the integration of the business post-acquisition. The Finance Manager will partner with Operators and Portfolio Managers to help achieve targets as well as lead the finance function for the group, ensuring the integrity of financial information in line with IFRS standards.

Job Responsibilities:

Financial planning and reporting:

• Oversee end-to-end financial transactions, including billing, accounts payable, cash allocation, and credit control.
• Analyze and communicate financial results, ensuring the integrity of financial transactions for accurate monthly management accounting and balance sheet reporting.
• Support and challenge business leaders' plans and forecasts as part of the quarterly forecasting process.
• Manage Financial Analysts to produce timely and reliable management information.
• Certify quarterly financial statements and internal control compliance checklists for submission to FOG Head Office.
• Liaise with FOG Head Office to meet routine and ad-hoc reporting requirements.

Business Requirements, Trends, and Variances:

• Identify and investigate variances against plans and benchmarks, providing analysis and exploring potential solutions with department heads.
• Direct revenue analysis, P&L monitoring, planning, and forecasting, reviewing business performance against forecasts and assisting senior management with analysis and future action plans.
• Collaborate closely with Heads of Businesses/Portfolio Managers; effectively communicate analysis/findings, flag potential risks/opportunities

Operational Finance Improvement:

• Partner with Operators/Portfolio Managers to help achieve targets.
• Drive improvement of working capital management throughout the business.
• Create and implement processes for sustainable improvements in business process efficiency through automation.

Support Acquisition Activity:

Support M&A team as needed.

Assist in the preparation of Purchase Price Accounting for new acquisitions.

Assist the financial integration process and support the delivery of investment objectives.

Assist in valuation, planning, and deal negotiation as required.

Tax Compliance and Planning:

• Prepare quarterly tax computations and provisions.
• Oversee tax compliance and reporting function for the business/portfolio

Staff Management:

• Coach, mentor, and develop team members through regular feedback, reviews, and development plans.
• Uphold and enforce an environment of ethical practices.

Job Qualifications:

• Bachelor’s degree or equivalent, in Business, Accounting, Economics combined with an accounting designation, or a related credential is required (CPA, CMA, CA or MBA).
• Strong commercial acumen and financial analysis skills.
• Understand basic P&L concepts and how software works (e.g. LTV/CAC, gross retention, sales funnel analysis)
• People management, leadership, and mentoring skills.
• Project management skills.
• Strong Excel modeling, data interrogation, and reconciliation skills.
• Knowledge of IFRS in a complex multi-deliverable environment is an asset.
• Experience in the software or high-tech industry is an asset.
• Proven ability to direct a diverse group of professionals in accomplishing complex tasks.
• Exposure to Mergers & Acquisitions (M&A) is desirable.
• Sound understanding of contracting terms and conditions and the assessment of commercial risk and implications on accounting treatment.
• Highly computer literate, with expertise in accounting and management software (experience working with Microsoft Great Plains and BPC is an asset)
• Strong critical thinking and problem-solving skills.

Personal Characteristics:

• Excellent communication, interpersonal, and team-building skills.
• Ability to influence senior business leaders through effective communication, logical reasoning, and presentation of alternatives.
• Solid business judgment capable of driving the organization to the right results with a focused, pragmatic approach.
• Ability to work under pressure to meet deadlines in a fast-paced high-growth environment.
• Self-motivated with high energy levels, able to instigate and manage change and growth.
• High degree of personal initiative and the ability to interact with non-financial managers and employees at all levels.
• Flexibility to accommodate various time zones and travel occasionally as required in a global Company setting.