Director, Financial Operations

Job Description:

Director, Financial Operations

Jonas Software

Position Summary:

The Director of Financial Operations serves as a strategic financial leader and business partner to the Executive Team of CMS and the broader CORA Loyalty portfolio. This role oversees and directs all accounting operations, ensuring accuracy, efficiency, and compliance with financial policies and procedures. The Director fosters a culture of high performance and continuous improvement, optimizing processes and implementing financial systems to enhance operational excellence.

Leadership and Management:

• Accounting business partner to the Executive Team of CMS and the full CORA family of Loyalty companies.
• Oversees, directs, and organizes the work of the finance teams in the CORA Loyalty businesses.
• Promotes a culture of high performance and continuous improvement that values process efficiency, individual accountability, and operational excellence.
• Recruits, interviews, hires, and trains accounting staff as required. Ensures staff members receive timely and appropriate training and development. Identifies skills gaps in staff and facilitates talent development through coaching and mentorship.
• Establishes and monitors staff performance and development goals, assigns accountabilities, sets objectives, establishes priorities, conducts performance appraisals, and administers compensation adjustments.
• Evaluates department needs and makes suggestions for increasing process efficiency and automating manual processes. Identifies, acquires and implements systems and software to provide critical financial and operational information.
• Ensures that processes are fully documented, observed, and regularly evaluated.
• Communicates, engages and interacts with the CEO, Executive Team, Functional Managers of the company and the CORA Finance organization.

Accounting Operations:

• Oversees and manages the Accounting functions of CMS and the CORA Loyalty businesses to ensure the proper functioning of all systems, databases and financial software. Ensure appropriate regular maintenance and backup of all accounting systems and supervises all accounting-related staff of CMS and the CORA Loyalty Businesses.
• Reviews and ensures application of appropriate internal controls and financial procedures for CMS and the full CORA portfolio of Loyalty companies.
• Upgrades and implements an appropriate system of policies, internal controls, accounting standards, and procedures.
• Enhances and implements financial and accounting systems, processes, tools and control systems as needed.

Financial and Cash Management:

• Manages cash flow planning process and ensures funds availability.
• Oversees weekly cash management, approves payables, and authorizes large wires as directed by the CEO and Jonas Finance.
• Supervises Accounts Receivable management and provides guidance relating to the collection process.

Position Requirements:

• Bachelor's Degree in Business, Accounting or Finance is required.
• An MBA degree is preferred.
• Experience as a Controller, Accounting Manager, or Finance Manager is preferred.
• Background with IT, ERP, and Accounting systems, notably Great Plains, is preferred.
• Outstanding communication and presentation skills is required.
• Demonstrated leadership experience and ability is required.
• Excellent analytical, reasoning, and problem-solving skills are required.

About CORA Group:

CORA Group (Collective Organization Redefining Advancement) is an operating group within the Jonas Software division of Constellation Software, Inc. (TSX:CSU).
Jonas Software is a leading provider of enterprise vertical management software solutions. Jonas is made up of over 130 distinct brands, each of which are respected market leaders within their domains. Together, we are the valued technology partner of over 60,000 corporate customers worldwide in more than 30 countries.

The CORA Group was formally launched within Jonas in 2022 to accelerate growth by focused investments in vertical management software companies, primarily in North America, that service the Collection & Recovery, Food Service, Construction, Wine/Retail, Moving & Storage, Loyalty, Legal, and Long-Term Care Pharmacy industries, among others. CORA is continuously expanding its base of over 1000 employees through acquisitions and organic growth of its businesses.

CORA Group has a unique and highly decentralized culture, with short reporting lines and a fast operating tempo. Our approach to portfolio growth and asset management is grounded on perpetual ownership (we never resell), continuity of brand identity, and efficient/effective operations (we work hard every day on customer satisfaction, company growth and overall profitability).

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Business Unit:
RewardOps
Scheduled Weekly Hours:
40
Number of Openings Available:
1
Worker Type:
Regular
More About Jonas Software:

Jonas Software is the leading provider of enterprise management software solutions to the Country and Golf Clubs, Foodservice, Construction, Fitness & Sports, Attractions, Salon & Spa, Education, Radiology/Laboratory Information Systems, and Product Licensing industries. Within these vertical markets, Jonas is made up of over 65 distinct brands, which are respected and leaders within their own domain.

Jonas' vision is to be the branded global leader across the aforementioned vertical markets and to be recognized by customers and respective industry stakeholders as the trusted provider of 'Software for Life' and as an ambassador for technology, product innovation, quality, and customer service.

Jonas Software is the valued technology partner of over 60,000 customers worldwide in more than 30 countries. Jonas employs over 2,000 skilled individuals consisting of a cross-section of industry experts and technology professionals. Jonas is headquartered in Canada and also operates offices throughout North America, the United Kingdom, Europe, Australia New Zealand and Africa. Jonas is a 100% owned subsidiary of Constellation Software Inc., headquartered in Toronto and traded on the S&P/TSX 60.