Finance Manager

Position Summary

Teladoc Health Inc., a multinational Company and Global leader in Telehealth Services, is looking for a Finance Manager for its Canadian entity based out of Toronto.

This role reports to the Director Finance and you will lead the Reporting and Decision Support Department. In this role, you will be responsible for providing accurate, timely and useful financial information and analysis to support monthly and quarterly close, including the local tax declarations. You will use financial data and operational insights to drive better business decisions and profitability and help the team automate manual tasks.

This role will have you work collaboratively with cross-functional teams locally and internationally as you will be a key business partner who analyze performance indicators, develop costing strategy and building KPIs to monitor performance. You will also oversee four direct reports.

Role and Responsibilities

• Financial operation, reporting, analysis and closing:

• Oversees external reporting of the financial statements to key stakeholders: Leadership Team, International Controller and US.

• Supervises accounting processes in relation to the preparation of financial statements, and ensuring compliance with local tax, US GAAP and SOX controls.

• Reviews monthly results and implementing monthly variance reporting of actual vs. budget, forecast and prior period.

• Manages the month-end, quarter-end and year-end financial process in Oracle, including setting up workflows and approval flows.

• Review entries for billing adjustments, client invoicing, journal entries in Oracle

• Supervise clinical and facility payments, commission and bonus calculations

Decision Support:

• Leads financial and business analysis, including building financial models, in support of strategic decision making at the departmental level, product level and overall Corporate level.

• Using financial insight and data to implement efficiency initiatives to help the company scale profitably and reasonably

• Works cooperatively with teams across the organization to build effective business relationships to obtain necessary input data and identification of alternatives

• Presenting findings or ideas to key management

Continuous Improvement:

• Identifies improvement and automation opportunities to streamline finance processes.

• Aid junior staff to complete projects to automate manual processes and increase efficiency in processing high volume tasks

People Management:

• Engage employees in establishing clear and measurable goals that achieve business results.

• Provide coaching and give feedback to employees in order to meet business objectives and enhance individual performance.

• Acts as a coach and mentor within the team and supports collaboration and partnership across Finance and the business.

• Internal Control:

• Maintain SOX control documentations; coordinate with Internal Audit and External Audit with the year-end audit

• Software and System Usage:

  utilize accounting software and other systems to obtain data and perform tasks efficiently and accurately. Lead potential system upgrades, including design solution and performing testing.

• Tax and compliance:

  prepare and file the monthly sales tax filings in a timely manner. Liaise with Corporate, indirect tax and payroll team as needed to ensure compliance on filing. Maintain the privacy and security of all confidential and protected health information.

• Communication:

  Collaborate with other departments, such as Leadership team, Marketing, Sales, Technology and Operations to gather and exchange financial information and ensure impacts are journalized appropriately in the F/S. Communicate financial data effectively to non-financial stakeholders

• Ad-hoc:

  Performs other duties as assigned.

Skill Requirements/Preferences

• Bachelor’s degree required, preferably in finance, accounting, or business administration

• MBA or CPA designation

• 5-8 years of related experience, of which 3-5 years of experience as a Big Four auditor (comfortable with US GAAP and SOX) is preferred

• A self-starter who enjoys working autonomously, prioritizing multiple asks, and is comfortable with ambiguity and poised under pressure

• Experience in improving financial and operational reporting processes

• People manager passionate for teamwork, process optimization, implementation of IT solutions to increase efficiency

• Excellent analytical and organizational skills

• Ability to synthesize data, find the root cause, and tell the story

• Comfortable with Excel (advanced formulas), PowerPoint. Knowledge of Accounting software (Oracle), Alteryx, Workday

Education Requirements

• Bachelor’s Degree in Accounting/Commerce.

• CPA designated.