About the role
The Company
At Canopy Growth, our mission is clear: improve lives, end cannabis prohibition, and strengthen communities. We believe that cannabis can be a force for good. We’re building a consumer-centric organization that is focused on sharing the transformational potential of cannabis with the world. We will achieve this through an innovative and disruptive portfolio of cannabis and hemp-derived products.
Canopy Growth is the world's leading cannabis and hemp company. We recognize that employees are at the core of our success, and we take pride in a corporate culture that emphasizes inclusiveness, collaboration, and diversity.
Our employees come from a wide range of backgrounds, each bringing their own unique skills and talents to the table, working together to continue our incredible momentum of growth. If you are interested in building global challenger brands, scaling a business, and working in a values-driven environment, we want to hear from you!
The Opportunity
Reporting to the Vice President, Finance, the Head of Corporate Finance will be a key member of the Finance team and will play a central role in managing the company’s cash flow, liquidity, risk management, and management reporting.
Through close partnership with key stakeholders, the Head of Corporate Finance will own the annual operating plan, monthly management reporting, board reporting, treasury, and risk management processes. This role will work closely with internal and external stakeholders to ensure accurate reporting, support the development of financial metrics, and drive best practices across the finance organization. The successful candidate will have a strong understanding of the company’s internal controls and policies and will serve as a key business partner across multiple areas of the business.
Responsibilities:
Financial Planning & Analysis
Serves as Finance Business partner for central support functions
Key point of contact for Corporate functions including all SG&A budgeting, forecasting and analysis
Execute standardized monthly and quarterly reporting to executive leadership, including the board of directors.
Liaison with finance counterparts in Canopy’s portfolio businesses – Canada, International, and Storz & Bickel
Process owner for consolidated annual budgeting, forecasting and reporting cycles, as well as strategic planning
Identify opportunities for cost savings throughout the organization, viewing change as an opportunity
Leverage systems and technology to enhance process automation and efficiency to “do more with less”
Support potential acquisitions through due diligence and financial support
Other duties as assigned
Treasury
Manage the company’s 3-statement financial model. This includes updating for the latest operating plan, updating assumptions based on the current landscape and trends, and working with various business units to check the validity of inputs
Oversee delivery of accurate weekly cash flow forecast reports to support liquidity planning and decision-making
Manage the Treasury Management System (TMS) to ensure accurate bank balances and provide timely daily cash position reports
Collaborate with Accounts Payable and Accounts Receivable teams to ensure payments and collections are processed accurately, on time, and in line with company expectations
Foster existing banking relationships to ensure proper services levels are maintained
Coordinate with service providers to ensure timely execution of debt and interest payments
Monitor and maintain compliance with debt covenants as outlined in the company’s credit agreements
Risk Management
Lead the design, implementation, and administration of the company’s corporate insurance program, including property, casualty, liability, D&O, cyber, and other specialized coverages.
Manage the annual insurance renewal process, working closely with brokers and carriers to secure optimal terms, pricing, and coverage
Partner with internal stakeholders (legal, finance, IT, operations, HR) to identify and assess business risks and ensure appropriate insurance coverage
Experience
Bachelor’s degree in Finance/Accounting/Business or equivalent required;
CPA/MBA certification or equivalent strongly preferred;
10+ years of relevant and progressive experience in finance, accounting, treasury or risk roles
Cannabis industry knowledge preferred
Strong Excel and PowerPoint proficiency coupled with analytical skills.
Occasional travel required.
Very strong analytical skills, research skills, and business acumen – ability to rapidly come up to speed on new issues and identify the critical questions to be addressed;
Strong communications skills and ability to communicate and influence all levels in the organization including a broad base of finance and business partners;
Comfort working through ambiguity and in a rapidly changing environment;
Initiative and results oriented;
Experience presenting to and maintaining relationships with executive level management
Strong attention to detail;
Strategic thinking;
Ability to build productive relationships; and
Proficiency in planning, prioritization and project management.
Other Details
This is a full-time remote role based out of Ontario.
Benefits – extended health and dental coverage, paid vacation, and participation in our employer-supported retirement savings program
We appreciate your interest, and promise to review all applications, but we will only be contacting those who best fit the requirements.
We welcome and encourage applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection process. If you require accommodation, please notify your Talent Acquisition Partner. Please note, the chosen applicant will be required to successfully complete background and reference checks.
Recruitment Process: All applications for this role are reviewed manually; no AI-based screening or ranking tools are used.
This post is for an existing vacancy.
Originally posted on Himalayas