Chief Financial Officer (CFO) – Parallel Lumber Group
Company Overview: Parallel Lumber Group is a leading wood manufacturing company specializing in fingerjoint, dimensional lumber, and wood chips for North American customers. With headquarters in Prince George, BC, we operate Canadian facilities in Mackenzie, Quesnel, and Williams Lake, BC, as well as U.S. operations in Boaz and Huntsville, Alabama.
We are seeking an experienced Chief Financial Officer (CFO) to oversee and optimize our financial operations. The CFO will provide leadership, financial insight, and strategic guidance to ensure the company’s long-term financial health and resilience. Reporting to the President of Operations, the CFO will play a critical role in shaping and executing the company’s financial strategy and ensuring alignment with broader business objectives.
Location: Prince George, BC (with travel to BC and Alabama operations)
Key Responsibilities:
Strategic Financial Leadership
- Develop and implement financial strategies that support the company’s short-term and long-term objectives.
- Provide financial insights and recommendations to senior management and divisional teams to drive profitability and efficiency.
- Identify opportunities for growth, cost reductions, and operational improvements.
- Monitor industry trends, economic conditions, and risks, to anticipate financial challenges and opportunities.
Financial Planning & Risk Management
- Oversee budgeting, forecasting, financial modeling, and cash flow management.
- Conduct rigorous financial analysis to identify strengths, weaknesses, and areas for corrective measures.
- Perform risk management through analysis of company liabilities, investments, and capital structure.
- Ensure compliance with financial regulations and internal policies.
Operational & Investment Oversight
- Lead the company’s financial planning and forecasting initiatives.
- Oversee accounting, recording, budgeting, reporting, and internal control activities.
- Drive investment in automation and technological advancements to improve efficiency and profitability.
- Research revenue opportunities and economic trends to support business growth.
Financial Reporting & Compliance
- Prepare detailed financial reports and presentations for senior management and divisional managers.
- Ensure accurate and timely internal and external financial reporting.
- Supervise internal and external audits to maintain financial integrity and compliance.
- Negotiate contracts, loans, and lines of credit.
Leadership & Team Development
- Mentor and develop accounting, administrative staff, and divisional managers.
- Foster a culture of financial accountability, innovation, and operational excellence.
- Provide clear guidance and performance expectations, ensuring alignment with corporate goals.
Skills, Knowledge, and Required Competencies:
- Education & Certification: Bachelor's degree in Finance, Accounting, or Business Management, with a Chartered Professional Accountant (CPA) designation.
- Leadership & Strategy: Proven experience in a senior financial leadership role, with strong strategic thinking and team management skills.
- Financial Expertise: Strong knowledge of finance, accounting, tax regulations, and financial reporting standards.
- Communication: Ability to clearly communicate complex financial concepts to various stakeholders.
- Technology & Systems: Experience in financial modeling, forecasting, reporting, and IT system integration.
- Compliance & Risk Management: Deep understanding of regulatory requirements and best practices in financial governance.
- Process Optimization: Ability to design, implement, and manage effective workflows and financial processes.
- Partnerships & Investments: Experience managing financial reporting for limited partnerships and joint ventures is an asset.
Compensation & Benefits:
- Salary: $150,000 - $250,000 (commensurate with qualifications and experience)
- RRSP Contributions, Extended Health & Dental Benefits (100% of monthly premiums covered)
- Generous Vacation Policy
- Variable Compensation & Performance-Based Incentives
- Financial Support for Learning & Development Opportunities
Application Process:
Only candidates eligible to work in Canada will be considered. We appreciate all applications; however, only qualified candidates will be contacted for an interview.
Join us and be part of a dynamic, growth-oriented group of companies that is shaping the future of the wood manufacturing industry. Apply today!