Director of Finance

Director of Finance

CARFAX Canada is looking for a Director of Finance to lead our Accounting and Financial Operations teams. Are transparency and integrity values that you identify with? Are you excited with the idea of being a key contributor in driving financial improvements for the success of the company? If so, this could be the ideal position for you!  
 

Working Here

At CARFAX Canada, we’re more than just obsessed with vehicles. We’re obsessed with data and it’s potential to help millions of Canadians in buying, selling, and maintaining vehicles.

But here’s what you really want to know about: the perks. Our team members enjoy weekly, free catered lunches at the office, flexible work that allows us to prioritize work-life balance, 4-day summer work weeks, and a state-of-the-art collaborative environment at our head office at 100 Kellogg Lane, London Ontario. CARFAX Canada also offers competitive wages, exceptional benefits and employee wellness funding, a company matched pension program, parental leave top-up benefits, paid volunteer days, and the list goes on!

Ultimately, every day at CARFAX Canada provides you with the opportunity to engage in meaningful work alongside incredible colleagues. It’s clear—we’re passionate about data and our people!

Key Information

Employment Status: Regular full-time

Job Type: Hybrid – In office with flexibility to manage your work schedule with up to 8 days per month to work from home

Location: London, Ontario

Please note that we have two operating entities in Canada, CARFAX Inc., and CARFAX Canada. This position is with CARFAX Canada.

Job Details

The Director of Finance will collaborate closely with the VP of Finance to help CARFAX Canada achieve its financial goals and support continued growth. You will lead our financial operations and accounting teams, emphasizing mentorship, continuous learning, and improvement.

You will be responsible for providing accurate, transparent, and insightful financial reporting to internal and external stakeholders to support analysis and decision-making. Your leadership will ensure financial reports are prepared accurately and on time, while adhering to GAAP (Generally Accepted Accounting Principles), corporate accounting policies, and best practices. You will also play a critical role in supporting the business’s growth, overseeing the financial control environment to ensure accuracy, compliance, and risk mitigation. Additionally, you will lead Finance system migrations and support the continuous modernization of the Finance function to enhance efficiency and productivity.

The Director of Finance will be instrumental in driving positive change within the organization, going beyond traditional financial management to address the challenges and seize opportunities.  Your strategic insight and leadership will be critical in advancing our financial operations and supporting CARFAX Canada’s strategic objectives.

Position Responsibilities

Functional

• Prepare monthly, quarterly, and annual financial statements within deadlines and in accordance with corporate accounting standards.
• Report on monthly variances and key drivers while proactively identifying areas of opportunity.
• Manage internal control environment and ensure accounting activities are in accordance with company policies and procedures.
• Collaborate with business leaders to improve current financial processes and drive efficiency and effectiveness.
• Drive best practices on all accounting matters including financial systems, month end close, analysis, and reporting.
• Promote a culture of financial responsibility, transparency, and accountability throughout the organization and uphold the highest ethical standards in financial management and reporting, ensuring transparency and integrity in all financial transactions.
• Be the key point of contact for all accounting and reporting matters with internal and external stakeholders (CARFAX Canada, S&P Global, Canada Revenue Agency, etc.).
• Partner with VP Finance to assist with and contribute to strategic initiatives.
• Manage SR&ED (research and development program) and coordinate with key stakeholders to maximize recovery.
• Ensure employee bonus and commission payments are accurately calculated.
• Ensure on-time completion of all regulatory compliance reporting as required.
• Interpret and apply accounting policies.
• Coordinate the preparation of the annual tax return.
• Coordinate internal or external audits as needed.
• Projects and other assignments as required.

Leadership

• Manage, supervise, and train accounting team members.
• Coach team members to increase performance, engagement and productivity.
• Create and execute development plans for team members, while providing supportive mentorship.
• Set and manage priorities within the team.
• Build trusting relationships with directs, peers, and other leaders.
• Foster high team engagement.
• Ensure all accounting processes are documented, and critical responsibilities are cross-trained.

Education and Experience Required:

• Minimum 7+ years of progressive and relevant work experience, including at least 5 years of experience as a people manager and/or director.
• Professional accounting designation (CPA), ideally with a background in public accounting.
• Excellent leadership skills (team orientation, coach and mentor, knows how to influence).
• Strong technical skills, attention to detail, and track record improving team processes.
• A dedication to continuous improvement and ability to implement plans that propel the business forward.
• Robust data fluency, presentation skills and ability to translate insights into clear action plans.
• Expert knowledge of accounting principles, practices and applications.
• Knowledge of US GAAP is a plus (or ability to demonstrate versatility and resourcefulness in researching, interpreting, and analyzing accounting standards).
• Strong verbal and written communication, organizational, and prioritization skills.
• Excellent analytical and problem-solving skills.
• Able to work well under pressure and meet tight deadlines.
• Very high level of ethics and personal integrity.
• Advanced knowledge of MS Office and Excel.
• Proficient in accounting systems with a proven ability to manage and execute full systems migrations.
• Working knowledge of Canadian corporate tax and SR&ED.

Equal Opportunity Employer

CARFAX Canada is an equal opportunity employer, and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law.

We’re committed to providing accommodations by request for candidates taking part in all aspects of the recruitment and selection process. For a confidential inquiry or to request an accommodation, please contact your recruiter or email hr@carfax.ca.

If you are interested in applying for this position, please visit our website https://www.carfax.ca/careers. Applications will be accepted until March 12, 2025.

We thank all applicants for their interest; however only those selected for an interview will be contacted.

About Us

CARFAX’s mission is to help millions of people shop, buy, service and sell used cars with more confidence. As a leader in vehicle history and valuation, CARFAX provides impartial and comprehensive information for consumers and the automotive industry. CARFAX‘s Canadian headquarters in London, Ontario supports Canadian and U.S. markets, drawing on billions of data records from thousands of sources, enabling used vehicle buyers and sellers to make informed decisions. CARFAX is consistently recognized as a top employer and business. CARFAX is a part of S&P Global (NYSE: SPGI). Find out more at www.carfax.ca and connect with CARFAX on Instagram, Facebook and LinkedIn.

Our values serve as the foundation of our culture by helping inform the actions and behaviours that make us successful. We strive to integrate these values into how we collaborate, navigate challenges, and make decisions daily.

Objective – Guided by facts, driven by results.

Transparent – Clarity through open and honest communication.

Customer advocate – Putting the customer at the center of everything we do.

Solutions oriented – Turning challenges into opportunities.

Integrity – Where honesty meets action.