Chief Financial Officer

GeoTility • Full-time • Kelowna, BC, CA • 21h ago

About the Company

GeoTility (the “Company”) is a Canadian-growth based geo-exchange utility provider founded in the 1990s with offices in Kelowna and Vancouver (Richmond), British Columbia, and Seattle, Washington. The Company delivers fully integrated geo-exchange engineering, design, installation, and utility services for residential, commercial, and industrial real estate owners. With over 30 years of experience, GeoTility is one of the leading geo-exchange utility service providers and installers supporting the transition to energy efficient heating and cooling across North America. GeoTility recently partnered with and received investment from ERA Partners, a $1.6bn North American-focused infrastructure investment firm, and is looking for a high-caliber CFO to help the Company achieve its planned rapid growth.

Position Overview

The Chief Financial Officer (CFO) will be a key member of the Company’s management team with responsibility and accountability for the Company’s entire finance function, including accounting, budgeting, forecasting, financial reporting, planning & analysis, tax, insurance, treasury, risk management, corporate finance, internal controls, and information technology across GeoTility’s U.S. and Canadian operations. The CFO will be responsible for managing the capital structure, including implementing new credit facilities, and may be expected to lead M&A execution by the Company with support from ERA Partners. The CFO will report directly to the CEO, interact extensively with the Board of Directors and work with external parties and the Company’s operations team.

Key Responsibilities

· Operational and Managerial Finance

· Oversee the cash management & forecasting and equity needs of the Company

· Implement and manage long and short-term debt financing

· Procuring and managing payment and performance bonds

· Manage all leases

Financial Planning & Analysis

· Develop, plan and implement goals and objectives in support of the Company’s strategic goals; recommend and implement policies and procedures

· Develop and oversee the Company’s annual budgets

· Develop and maintain a long-range financial plan

· Financial analysis of new potential projects, including returns projections to foster capital discipline and value accretive investments

· Develop and track key performance indicators

Accounting

· Responsible for timely and accurate production of monthly financial and operating reports and any additional ad hoc analysis requested by the CEO or Board of Directors

· Lead the financial audit; coordinate with staff and auditors; report to the Board for review and approval

· Oversee tax strategy, planning, compliance, and reporting; coordinate with external tax advisors and auditors to ensure full regulatory adherence

· Review existing practices and lead the design, control, operation, and enhancement of automated financial systems, including budget control, general ledger control, contracts, accounts payable, revenue, billing, investments, payroll, project construction accounting, utility accounting and fixed assets

Other Corporate

· Other corporate responsibilities include insurance, treasury, risk management, corporate finance, capital structure, internal controls, and information technology

· Review existing strategy and processes and recommend improvements

Qualifications

· Bachelor’s degree or higher in Accounting, Finance, or relevant field; CPA and/or MBA is a plus

· Industry experience as CFO, VP of Finance, or relevant role

· Public Accounting experience is a plus

Preferred Experience

· Experience in the construction and/or utility sectors

· Experience helping build a high-growth, private equity backed company

· Experience working in a high-growth, dynamic workplace

· Experience managing lenders

· Experience supporting cross-border, multi-currency operations

· Experience with M&A, debt and equity transactions