Chief Financial Officer

Chief Financial Officer

Chief Financial Officer

About Myers

Myers Automotive Group is all about Ottawa. The people on our team are your friends and neighbours. Our kids go to school together, play sports together, and succeed together. We sit on parents’ councils and volunteer with you to make good things happen. We sponsor teams and charity events. We are the community we serve.

We stand behind a solid reputation that we built the “hard way”: By attracting the best staff and the best customers, from one generation after another. From founder to Hank Mews in 1975, and then to his sons Harry and Rob in 2003, each leader of Myers Automotive Group has unwaveringly committed to Ottawa.





This dedication fueled Myers' growth to a robust enterprise with 16 dealerships and 3 CARSTAR collision centres, employing nearly 1,000 staff.

Come join our team!

The Chief Financial Officer reports to the CEO and will play a pivotal role in guiding the organization through its next phase of growth, overseeing all financial aspects of the business, including managing corporate finance, budgeting, mergers and acquisitions. This role requires a seasoned financial leader with a strong business acumen, a conservative approach to financial management, and the ability to thrive in a fast-paced, entrepreneurial environment. The ideal candidate will possess a dynamic personality, excel at leadership and demonstrate hands-on, multi-tasking capabilities.

Key Responsibilities:

1. Strategic Financial Leadership
- Provide leadership and oversight to an existing and experienced team of Automotive Finance and Accounting professionals.
- The Automotive Finance and Accounting team is responsible for financial reporting, budgeting,





forecasting and analysis to support the company’s growth and profitability and to foster a culture of excellence and accountability.
- Ensure compliance with all financial regulations and standards, including tax and audit requirements.
- Lead and manage strategic finance relationships with external stakeholders including lenders, insurance providers and professional advisors.
- Collaborate with other executive team members to deliver overall business performance and support strategic decision making.
- Lead the risk management efforts of the organization including insurance and interest rate risk/swap programs.

- Real Estate and Capital Management







- Work closely with the Shareholders and the CEO to execute a plan to diversify the organizations holdings and business interests through investments in non-automotive opportunities.
- Provide strategic guidance on non-automotive investment opportunities, primarily focused on real estate.
- Evaluate investment opportunities, including conducting due diligence, securing funding, and leading legal review.
- Manage the capital structure, including debt and equity financing to support growth initiatives.

- Buy/Sell Support

- Support the CEO on buy/sell initiatives for automotive and non-automotive opportunities.
- Evaluate opportunities, negotiate letters of intent and binding APS documentation, and conduct due diligence.
- Present findings and recommendations to the Board of Governors (BOG).

- Cashflow Modelling

- Manage and maintain a long-term cashflow forecast,





including sensitivity and what-if scenario analysis.
- Prepare and provide quarterly cashflow forecast to the BOG, including short-, medium-, and long-term forecasts.
- Manage the balance sheet, working capital, long-term debt, covenants, OEM and lender requirements.

- Family Office

- Assist the CEO with managing the Shareholders family office requirements, working closely with family, legal, financial and insurance advisors.

- Tax Planning

- Lead tax planning for the corporate group and the shareholders, with the assistance of outside advisors as required.

For this role, come equipped with:

- Education: A bachelor’s degree in finance, accounting, business administration, or a related field. CPA or CFA is preferred.
- Experience:





Minimum of 10-15 years of experience in senior financial management roles, with a strong background in retail or related industries.
- Proven track record of leading financial strategies that drive business growth and profitability.
- Hands-on experience managing financial operations in a fast-paced, multi-faceted business environment.
- Exceptional leadership, communication, and interpersonal skills.

Please note: In addition to the base salary, Myers proudly offers its employees a comprehensive and competitive total rewards package that features:

- bonus incentive plans
- career mobility
- flexible benefits
- paid leaves
- good work/life balance
- robust health & well-being initiatives






- and on-going training.

Don't check off every single bullet point? At Myers, we prioritize the right fit for our organization over a strict checklist of criteria. We encourage applications from individuals whose backgrounds may not perfectly align.

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