Director -- Treasury and M\&A
The Director of Treasury and M\&A will be a key member of the leadership team reporting to the CFO. This person will oversee a multitude of complex finance initiatives including the strategy and execution of the treasury and cash management functions for both the Canadian and US divisions as well as oversee the execution of M\&A work as required by the CEO and Board of Directors.
The ideal candidate will provide useful insight and recommendations on the course of action to be taken by the organization and will be able to successfully create and manage relationships with the Company's banking partners. They will also be adept at informing on \& executing the Enterprise strategy and influencing decision makers and leading change efforts across the organization.
About us:
MTY Group, a franchisor a restaurants, is a family whose heart beats to the rhythm of its brands, the very soul of its multi-branded strategy. For 45 years, it has been increasing its presence by delivering new concepts in quick-service and casual restaurants and making acquisitions and strategic alliances that have allowed MTY Group to reach new heights year after year.
By combining new trends with operational know-how, the brands forming the MTY Group now touch the lives of millions of people every year. With over 90 brands and 7000 locations worldwide and the multitude of flavours of its many brands, MTY is able to satisfy the different tastes and needs of consumers every day.
Benefits:
· 3 weeks of vacation
· 5 days of flexible leave
· $2000 reimbursement for professional certifications and continuing education requirements
· Flexible working hours
· Half-day Fridays year-round
· Company health and dental plans, with an additional $300 personal wellness expense account
· Employee assistance program with access to mental health, legal, and financial counseling services
· Employee profit-sharing plan with employer contribution
· Monthly company-wide recognition awards
· Company social events, including webinars, town halls, and team activities
· Casual dress code
· Free parking at the office
Responsibilities:
Treasury responsibilities:
· Manage daily cash positioning and forecasting to ensure optimal liquidity levels.
· Develop and implement strategies to mitigate financial risks, including interest rate risk, foreign exchange risk, and credit risk.
· Oversee relationships with banking partners and financial institutions, including negotiating terms and pricing for banking services and MTY's credit facility.
· Evaluate and recommend financing options, including debt issuances and capital markets transactions as well as interest and foreign exchange hedging strategies.
· Lead the treasury team, providing guidance, mentorship, and performance feedback for approximately 10 employees.
· Collaborate with internal stakeholders, including finance, accounting, and legal departments, to support cross-functional initiatives.
· Stay abreast of industry trends, regulatory developments, and best practices in treasury management.
M\&A responsibilities:
As the Director of M\&A, you will play a pivotal role in driving our company's growth strategy through the identification, evaluation, and execution of strategic mergers, acquisitions, divestitures, and partnerships. You will work closely with executive leadership to assess potential opportunities, conduct due diligence, negotiate terms, and oversee integration efforts post-transaction. This position offers a unique opportunity to make a significant impact on the future trajectory of our company and contribute to its long-term success.
·Lead end-to-end M\&A processes, including target evaluation, financial modeling, due diligence, negotiation, and integration planning.
·Collaborate with cross-functional teams, including finance, legal, operations, and strategy, to assess strategic fit, financial viability, and integration requirements of potential transactions.
·Develop and maintain relationships with external advisors, investment banks, and other relevant stakeholders to support M\&A activities.
· Drive alignment with executive leadership on strategic priorities, investment thesis, and acquisition criteria.
·Develop and present investment proposals, business cases, and recommendations to senior management and potentially the board of directors.
· Oversee post-merger integration efforts to ensure seamless transition and realization of synergies.
· Responsible for purchase price allocation modeling (PPA), including collaboration with 3rd party consultant on modeling assumptions such as WACC and IRR.
· Oversee audit of PPA with Company auditors
To be successful in this role you will bring:
· Education: Bachelors' degree coupled with a CPA designation.
· Work Experience: 8 years of relevant experience with a focus on M\&A
· Bilingual - French and English an asset.
· In-depth knowledge of due diligence process as well as purchase price allocation modeling.
· Experience with cash management and treasury.
· Proven track record of successfully leading and executing complex M\&A transactions from initiation through integration.
· Strong analytical, negotiation and problem-solving skills.
· Adaptable, resilient, flexible, fast-paced/sense of urgency, and a high level of multitasking ability.
· Demonstrated process improvement/simplification expertise, technically sound.
· Cross-functional collaboration and ability to achieve business results with Senior Leadership partners and colleagues.
· Excellent communication, interpersonal and presentation skills with the ability to write concisely and cohesively.
·High level of integrity, professionalism, and discretion in handling confidential information.
Skills, Knowledge and Abilities
· Well-organized, detail-oriented, and able to handle a fast-paced work environment.
· Build strong working executive relationships.
· Strong written communication and verbal communication skills at executive and team levels.
· Good interpersonal skills and ability to collaborate within/ across teams.
· Skill in supervising and delegating responsibility, training and evaluating performance.
Working environment and hours:
· Working a standard work week (40-hour work week)
· Work a minimum of three days per week in the office.
Please note that any offer of employment will be conditional upon a background check, including a criminal record check.
*The majority of our clients and a large proportion of our employees are outside Quebec*.
