Vice President Finance and Administration

Who We Are:

Based in Toronto, Canada, Toyota Industries Commercial Finance Canada, Inc. (TICFC) is a commercial lender for Toyota Forklifts, Hino Trucks and Toyota Advanced Logistics.  We provide captive financing to our Toyota business partners and dealers by retail lease financing and dealer financial services. We are 100% subsidiary of Toyota Industries Global Commercial Finance, Inc. (TIGCF”) which is ultimately owned by Toyota Industries Inc. (“TICO”) Toyota Industries Corporation (toyota-industries.com). 

Our vision at TIGCF is to be the most trusted and sought-after financing partner to the transportation, logistics and material handling eco-system.  We do this by engaging diverse talent and passion of people who are committed to helping carry the load, contribute to society, and strive for continuous improvement. 

Why Work At Toyota:

If you are looking to make the next step, you can build your career on the foundation of the Toyota brand.  Since 1926, Toyota has operated on the foundation of Respect for People and Continuous Improvement.  At TICFC, you’ll enjoy the benefits of a smaller organization environment with the backing of a big-name brand.  Ask Associates why they joined TICFC, and you’ll hear them tell you about the Toyota culture – making sure each person we engage with feels welcomed, valued, respected, and heard.  You’ll hear about an accessible leadership team who listens to Associate concerns and values open communication. You’ll hear about a Company that sticks with Associates through the highs and lows and provides stability.  We are committed to our Associates and the communities that we serve.

Our office is perfectly placed in the West Mall business center of Toronto. This premier center reflects environmentally sophisticated buildings, extensive natural landscaping, pedestrian trails and streets, and nearby restaurants.  Come check us out – life is better at Toyota!

What You’ll Get:

Competitive compensation, a company-wide bonus program, and joining one of the world’s most admired brands are all part of TICFC’s employment value proposition. 

• Hybrid Model – After an introductory period, Associates have the ability to participate in a hybrid model work schedule.
• Time Away. In addition to vacation time, we offer paid personal and sick time.  
• Education Assistance. We offer continuous education benefits for courses related to your role.  
• The Support You Need. No cost long term disability, life insurance and AD&D protect you when the unexpected occurs.  In addition, we also offer Extended Health care (Dental, Prescription, and Hospitalization).
• Employee Assistance Plan. An employee assistance program makes sure you have the support you need when issues arise.
• Retirement Readiness. We offer a retirement savings plan to all full-time associates with a match.
• Exercise and Health Facilities – Free tenant membership at Kings Cross Health Centre located within the office complex.

About The Job:

• We are currently seeking a Vice President of Finance and Administration.  The position will be responsible for the financial and administrative management of the business with the timely and accurate completion of accounting results including financial reporting to TICO, financial management reporting, financial planning and control, commodity taxes and funding reporting compliance.  These reporting functions are important for accurate TICO consolidation and tax reporting compliance. In addition, this position will also be responsible for all treasury functions ensuring full compliance with both global and Company policies and procedures.

What You’ll Do:

As a leader and member of the executive management team, you will participate and champion various alignment and strategic initiatives to achieve the performance expectations of TICFC and the goals and visions of TIGCF & TICO.

Working with your team:

• Co-manage all aspects of the general ledger including interface with sub-systems of account payable, cash management/treasury, Info-Lease and Aspire (retail lease administration systems), Wi (wholesale and inventory management system), and G-Treasury (treasury management system). 
• Build reporting and a trusting relationship with TICO finance and accounting management for reliable (accurate and timely) reporting including responding to accounting queries.
• Apply knowledge of accounting and reporting processes, engage with other senior management team in implementing accounting interfaces or new products, systems, and processes.
• Support the finance group in financial, planning and control.
• Prepare and file timely and accurate reports to satisfy requirements, investment partners, shareholders, board of directors, etc.
• Develop credible and accurate budgets and forecasts.
• Monitor cash balances, forecasts and arranging for debt financing and equity financing.
• Oversee capital structure in full compliance with guidelines to maximize shareholder value.
• Manage mix of debt and equity for maximum value.
• Manage treasury functions in full compliance with both global and Company policies and procedures.
• Administer HR related matters and partner with Corporate TICF HR.

Working Relationships, Management and Decision Expectations/Authority

Provide effective financial leadership for the company.  Participate in the development and evaluation of short and long-term financial and strategic objectives.  Establish and maintain strong relationships with business leaders, board members, shareholders and to incorporate their perspectives when devising business solutions.  Liaise with internal and external auditors and other business partners.  Recruit, train and retain talented Associates.  Drive Associate development and engagement.

Qualifications You’ll Need:

Experience:

• Minimum of 7 years financial leadership, preferably in banking or a federally regulated financial institution, ideally with progressive growth in Finance, Treasury, Accounting and Tax.  Equipment leasing and structured financing experience is an asset. 
• Completed post-secondary education (or equivalent work experience) is required.  Additional professional qualification in accounting (e.g., CPA, former CGA or CMA, CA) is required.
• Thorough knowledge of accounting (including some knowledge of IFRS & US GAAP) principles and concepts in order manage all accounting and reporting functions of the organization.

Skills Required:

• As a smaller organization (~25 Associates), you must be comfortable being hands-on to apply your knowledge and experience to perform some of these tasks as necessary to achieve the performance and goals of the organization.
• Ability to engage and partner with both internal and external stakeholders as well as customers and work collaboratively with all levels of the organization.
• Strong interpersonal skills, ability to communicate and manage well at all levels of the organization as well as with Associates at remote locations.
• Attention to detail with strong analytical skills, ability to work in quantitative environment.
• Dependability, with a strong sense of urgency and results-orientation.
• Demonstrate a high level of integrity, the ability to build consensus and put a strong emphasis on responsibility and accountability.
• Establish credibility throughout the organization and set the example as a proactive leader who earns respect by demonstrating a sound understanding of finance, business goals and objectives.
• Leadership skills are required to engage with other senior management in developing and evaluating ideas, implementing process changes and interfaces with new products and systems.
• Excellence in organizational management with the ability to hire, coach, develop, and retain a strong team.
• Strong problem-solving, verbal and written communication, planning, organizational and presentation skills

What Will You Learn and How You Will Grow

After mastering the responsibilities for the current role, the successful candidate who displays leadership abilities will be trained in the other aspects of the business including sales/sales relationships, treasury, collections/asset recovery, customer care, credit, and funding/documentation.

For the qualified candidate, this career progression can lead to more senior roles.

Our Core Performance Competencies

• Customer First
• One TICO
• Mindset of Continuous Improvement
• Demonstrate Inclusive Behaviors
• Learn, Grow, Develop

Learn more about Toyota Industries Commercial Finance at:

• Our website: toyotacf.ca; www.toyotacf.com
• LinkedIn: Toyota Industries Commercial Finance: My Company | LinkedIn

Toyota Industries Commercial Finance is an equal opportunity employer.