Director of Financial Reporting

About the role

The Forest Group, a leading construction‑materials and infrastructure services provider in the Greater Toronto Area, is seeking a Director of Financial Reporting. Reporting directly to the Owner/CEO, you will shape the company’s financial strategy, reporting framework, and operational performance in a fast‑paced, entrepreneurial environment.

Key responsibilities

• Partner with the Owner/CEO on strategic planning, growth initiatives and profitability improvement.
• Lead budgeting, forecasting and financial planning, accounting for seasonality and project‑based revenue.
• Manage cash flow, working capital and credit facilities to support payroll, inventory and project costs.
• Oversee accurate monthly, quarterly and annual financial reporting for owners, lenders and other stakeholders.
• Direct accounting operations including job costing, revenue recognition, work‑in‑progress reporting and margin analysis across multiple divisions.
• Maintain banking relationships, ensure compliance with loan agreements and financial covenants, and prepare lender reporting packages.
• Monitor key performance indicators such as gross margins, labour productivity, equipment utilisation and overhead absorption.
• Provide financial analysis to support pricing, staffing, capital investments and expansion decisions.
• Assess and manage financial risks including labour costs, material price fluctuations, fuel costs, inventory and customer credit exposure.
• Lead treasury functions, debt management, cash reserves and capital allocation strategies.
• Support acquisitions, due‑diligence, valuation analysis and post‑acquisition integration.
• Mentor finance, payroll and administrative teams and drive continuous improvement of financial systems and reporting processes.

Required profile

• Hands‑on finance leader with extensive experience in financial reporting, budgeting, forecasting and cash‑flow management.
• Proven ability to work closely with senior executives on strategic initiatives and profitability improvement.
• Strong understanding of construction or project‑based businesses, including job costing and revenue recognition.
• Experience managing banking relationships, loan covenants and treasury functions.
• Excellent analytical skills with a track record of translating complex financial data into actionable business insights.
• Leadership experience supervising finance, payroll and administrative teams.

Required skills

• Financial reporting and analysis
• Budgeting and forecasting
• Cash‑flow and working‑capital management
• Job costing and project‑based accounting
• Loan covenant compliance and treasury management
• Strategic financial planning