Regional CFO, Vice President Finance in Port Coquitlam, British Columbia

Regional CFO, Vice President Finance

Reports To

Regional President

Location

Sysco Vancouver

Type

FT, Salaried

Closing Date

July 18th, 2024

Salary Range: $119,358-$221,726

Company Overview

Sysco connects the world to share food and care for one another. Sysco leads from the heart of food and service to deliver the freshest of foods and ideas to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Our customers can count on us to deliver on-point products and solutions since only Sysco is the global leader, sitting at the heart of innovation supply, delivery, culinary and more.

With over 57,000 associates and a fleet of over 13,000 vehicles, Sysco operates approximately 326 distribution facilities worldwide and serves more than 625,000 customer locations. For fiscal 2022 that ended July 2, 2022, the company generated sales of more than $68 billion USD.

Sysco, one of Canada’s Best Employers 2023, as listed by Forbes, is dedicated to our global corporate social responsibility goals and to creating a diverse and inclusive workplace. We offer our associates the opportunity to grow personally and professionally, to contribute to the success of a dynamic organization, and to serve others in a manner that exceeds their expectations.

Sysco is more than just a place to work. Our passion for food and our customers has made us the industry leader. To remain on top, we will continue to think bigger, work harder and never give up. Are you ready to drive success?

For more information, visit www.sysco.ca or follow us @SyscoCanada at facebook.com/SyscoCanada; twitter.com/SyscoCanada or instagram.com/SyscoCanada

For a full list of opportunities, visit www.sysco.ca/careers

Role:

The CFO is the lead finance individual and member of the Regional Leadership Team who functions as a business partner to the Regional President. As the trusted advisor, the role provides overall financial leadership responsible for providing effective control, and oversight of the organizations finances while actively contributing to its future direction and growth. Specifically, the CFO leads the finance and accounting team in preparation of financial reports and briefings including P&L, Balance Sheets and cash flow statements. Facilitate the business planning of the region as well as monitors and explains any performance gaps. Help identify operational improvements and critical action plans to address any performance issues vs annual budget. Leads, coaches and performance manage the Finance and Accounting Teams. Evaluates and prepares business cases for capital expenditures and other strategic initiatives. Designs, streamlines and supervises “best practice” financial KPI’s. The CFO is also responsible for the wider control environment including the safeguarding of company assets, key system-controls and overall compliance with Sysco’s required SOX obligations.

Role Responsibilities:

• Providing leadership, direction and management of the Accounting, Finance, Credit, and Inventory Control teams (typically 30-50 associates per region)

• Business Partner to the Regional President and entire leadership team

• Execution of Budgeting/Planning and Key Initiatives

• Provide leadership related to the execution and monitoring of the annual plan, business transformation initiatives, and operational initiatives for locations within the Region.

• Execute the Region’s implementation of the new financial reporting system including conversion activities and adoption of new reporting tools.

• Ensure standardization of accounting practices, procedures and reporting within the Region.

• Provide the Regional President and management team a clear analysis of the impact of key actions to financial results.

• Identify, with the Regional President and senior management teams, the key actions needed to affect the financial results and achieve plan.

• Analyze Operating Results

• Lead the preparation of ongoing, rolling 18 month forecasts each month projecting the volumes, expenses and profit for the region

• Review and explain weekly operating results to Management team and other customers

• Monitor and evaluate the contribution of all departments to operating results

• Develop fact-based action plans to achieve planned financial results

• Monitor action plans to ensure planned and long-term results are attained

• Advising on long-term business and financial planning

• Create business cases as required and submit formal requests for capital committee approval ensuring the financial returns are within Sysco expectations.

• Establishing and developing relations with senior management as well as external partners and stakeholders

• Performing risk management

• Ensure standardization, consistency and compliance with FAMM across the Region.

• Certification of Monthly and Quarterly SOX requirements

• Conduct annual self-assessment process and mitigate any control deficiencies

• Ensure all reconciliations are performed monthly for all locations.

• Ensure accounting period-end accruals are correct.

• Ensure proper controls exist to safeguard physical assets and cash

• Oversee management of the credit function

• Develop and implement strategies to achieve planned DSO targets.

• Establish and maintain credit and collection policies

• Ensure adequacy of the allowance for doubtful accounts.

• Other:

• Set goals, review performance, and lead finance staff using Sysco’s performance management system CMP

• Proactively train employees on best business practices

• Perform financial functions necessary to support Regional sales activities, including business reviews, transfers, and customer relations activities.

• Lead projects and perform other duties as directed by the Regional President and Canadian CFO

• Responsible for a business portfolio surpassing $500M (may be significantly higher dependent on region)

• Complies with Sysco’s Food Safety Policy and procedures to ensure food safety, quality and legality requirements are met.

• Understands both the economic and cultural value that a safe organization with minimal environmental impact brings to an organization.

• Is willing to drive Environmental, Health and Safety performance by providing necessary resources and holding their team accountable to complying with EHS programs, policies, and requirements.

• Positively influence and shape a large and inclusive organizational culture to be one that’s productive, vibrant, and a desirable place to work.

• Ability to effectively lead change and transformational initiatives through sound change management practices that will ensure sustained adoption, including stakeholder engagement across multiple functions

• Perform other duties as assigned.

Qualifications/Skills/Job Requirements (About you):

• 7 – 10 years progressive leadership experience in accounting and financial management.

• Experience managing a large multi-site business

• Post Secondary Degree/Diploma in a related or relevant field, Master’s degree preferred

• Minimum recognized professional accounting designation (CPA, CA, CMA, CGA)

• Proficiency with accounting software, word processing and spreadsheets

• Intermediate expertise with Microsoft Office products

• Financial planning and strategy

• Managing profitability

• Strategic planning and vision

• Forecasting

• Budget development

• Valid driver’s license is good standing with access to a vehicle is required

• Up to 30% travel is required

Internal candidates apply via the Career Centre on your HR Portal / ADP Workforce Now.

External candidates submit cover letter & resume via www.sysco.ca/careers

Our Purpose:

Connecting the world to share food and care for one another

Our Mission:

Delivering success for our customers through industry-leading people, products and solutions

Our Identity:

Together we define our future of foodservice and supply chain

Sysco is committed to Employment Equity. Accommodations during the recruitment process are available upon request for candidates with disabilities.

Here’s a sample of the many benefits Sysco associates enjoy:

Comprehensive Flexible Benefits including Health and Dental, Health Care Spending and Wellness Accounts • Short-Term and Long-Term Disability • Life Insurance • Voluntary Optional Insurance • Parental Leave Plan • Company Pension Plan • Group RRSP & TFSA • Employee and Family Assistance • Stock Purchase Plan • Maple Virtual Care • Unlimited on-line learning • Sysco product discounts • Preferred vendor discounts • Associate Resource Groups

(*benefits may vary based on location or bargaining unit)