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Virtual Cfo Jobs in Toronto, ON (NOW HIRING)

Job Summary The Chief Financial Officer (CFO) is a key member of the executive leadership team and will be an active contributor in defining, communicating and fulfilling the company's mission ...

Chief Financial Officer

Oakville, ON · On-site

$180 - $260/hr

Job Summary The Chief Financial Officer (CFO) is a key member of the executive leadership team and will be an active contributor in defining, communicating and fulfilling the company's mission ...

Chief Financial Officer

Oakville, ON · On-site

$200 - $320/hr

Job Summary The Chief Financial Officer (CFO) is a key member of the executive leadership team and will be an active contributor in defining, communicating and fulfilling the company's mission ...

About the Role The Chief Financial Officer (CFO) is accountable for setting the strategic direction and priorities of the organization's financial services, overseeing all aspects of finance ...

The CFO will oversee Corporate Development & M&A, Financial Operations, Treasury, and FP&A, with a particular focus on capital strategy, debt financing, dealmaking, and long-term enterprise planning.

B. About the Role As the Executive Assistant to the Chief Investment Officer (CIO) and Chief Financial Officer (CFO), you will play a critical role in providing high-level administrative and ...

Collaborate with Business CFO's, risk management and legal, TBSM, and Corp Dev. To align accounting ... virtual interviews, etc.) to help us remove barriers so that you can participate throughout the ...

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Virtual Cfo information

See Toronto, ON salary details

$24.8K

$108.5K

$229.5K

How much do virtual cfo jobs pay per year?

As of Sep 3, 2026, the average yearly pay for virtual cfo in Toronto, ON is $108,523.00, according to ZipRecruiter salary data. Most workers in this role earn between $64,417.00 and $137,424.00 per year, depending on experience, location, and employer.

What is a Virtual CFO?

A virtual CFO has many of the same duties as a traditional chief financial officer, but they work remotely as a third-party provider. They typically deal with smaller organizations that don’t have an executive in this position or the budget to hire one. They handle the financial dealings of a business, often using cloud applications to manage their affairs. They typically offer a suite of services ranging from financial planning to bookkeeping to budgeting. Some virtual CFOs work on an ongoing basis for a client whereas others work on a single project.

What is a Virtual CFO?

A Virtual CFO (Chief Financial Officer) is a finance professional who provides strategic financial guidance and management to businesses on a part-time or remote basis. Unlike a traditional in-house CFO, a Virtual CFO works with multiple clients, helping them with budgeting, forecasting, financial planning, and reporting. This service is especially popular with small and mid-sized businesses that need expert financial advice but do not require a full-time executive. By leveraging technology, Virtual CFOs can deliver their services efficiently and cost-effectively.

How does a Virtual CFO typically interact with internal teams and external stakeholders?

A Virtual CFO collaborates closely with internal teams such as accounting, operations, and executive leadership, often through virtual meetings and cloud-based platforms. They also interact with external stakeholders like auditors, investors, and banks to provide financial insights and ensure compliance. Clear communication and proactive reporting are key, as the Virtual CFO must bridge gaps between departments and align financial strategy with business goals. This collaborative approach helps streamline decision-making and supports organizational growth.

What are the key skills and qualifications needed to thrive as a Virtual CFO, and why are they important?

To thrive as a Virtual CFO, you need a solid background in accounting, financial analysis, and strategic planning, often supported by a CPA or similar finance qualification. Familiarity with cloud-based accounting platforms, financial modeling tools, and ERP systems is typically required. Excellent communication, problem-solving, and relationship-building skills help you effectively advise clients and manage remote teams. These capabilities enable Virtual CFOs to provide strategic financial leadership, ensure regulatory compliance, and drive business growth for their clients.

What is the difference between Virtual Cfo vs Bookkeeper?

AspectVirtual CfoBookkeeper
CredentialsFinancial management experience, CPA or similar certifications often preferredBasic accounting or bookkeeping certifications, high school diploma or equivalent
Work EnvironmentRemote or on-site, strategic financial planning for businessesPrimarily office or remote, focused on recording financial transactions
Employer & Industry UsageUsed by small to medium-sized businesses for strategic financial oversightUsed across various industries for day-to-day transaction recording

The Virtual Cfo provides strategic financial guidance, budgeting, and financial planning, whereas a bookkeeper handles daily transaction recording and basic accounting tasks. While both roles are essential for business financial health, the Virtual Cfo focuses on high-level financial strategy, making it suitable for businesses seeking growth and financial insight.

How much do virtual CFOs make?

Virtual CFOs typically earn between $75,000 and $200,000 annually, depending on experience, client size, and scope of services. Many work on a part-time or project basis, with some charging hourly rates ranging from $100 to $300 or more. Compensation can also vary based on certifications, industry expertise, and geographic location.

What are the most commonly searched types of Cfo jobs in Toronto, ON?

The most popular types of Cfo jobs in Toronto, ON are:

What are popular job titles related to Virtual Cfo jobs in Toronto, ON?

For Virtual Cfo jobs in Toronto, ON, the most frequently searched job titles are:

What job categories do people searching Virtual Cfo jobs in Toronto, ON look for?

The top searched job categories for Virtual Cfo jobs in Toronto, ON are:

Infographic showing various Virtual Cfo job openings in Toronto, ON as of August 2026, with employment types broken down into 88% Full Time, 9% Part Time, and 3% Contract. Highlights an 46% Physical, 4% Hybrid, and 50% Remote job distribution, with an average salary of $108,523 per year, or $52.2 per hour.

Chief Financial Officer

Emterra Group

Oakville, ON • On-site

Full-time

Re-posted yesterday


Job description

Who We Are

Emterra Group is a dynamic, growth-oriented, and safety-focused group of companies. Our organization have been deemed to be an "essential service" by providing collection and processing for recycling, organics, and waste that keep our communities clean and safe. With customer service and safety as our focus, we are looking for an energetic and driven employee to support our growing company and play a crucial role in waste diversion and the circular economy. Emterra is proud to be recognized as one of Canada's Greenest Employers, a certified diverse supplier of the Canadian Aboriginal and Minority Supplier Council (CAMSC) and the Canadian Women Business Enterprise National Council (WBE). 

Job Summary

The Chief Financial Officer (CFO) is a key member of the executive leadership team and will be an active contributor in defining, communicating and fulfilling the company's mission, values, strategic direction and plans. The Chief Financial Officer will report to the ownership and executive leadership team and will be accountable for the overall financial stewardship of Emterra Group. This includes financial strategy, accounting, treasury, tax, capital planning, budgeting, forecasting, insurance, risk management, business analytics, financial systems, and oversight of finance-related processes that support operations across Ontario, British Columbia, Manitoba, Saskatchewan, Michigan, and future jurisdictions. The CFO will be expected to provide practical, data-driven advice to ownership and senior leaders, improve the quality and timeliness of financial information, and ensure the finance function supports profitable growth, operational accountability, and long-term business sustainability.

In addition to delivering on their financial duties, the CFO will play a critical role in positioning the organization for its next phase of evolution. This includes helping to conceptualize and implement advanced data, automation, and AI-enabled capabilities that reshape products, services, core business processes, and organizational systems in a practical, operationally grounded manner. The ownership group views these changes as table stakes and the strategy, as well as the tactical implementation, belongs with the business and not with any single department.

The CFO will help build enduring organizational capabilities across people, process, and technology, ensuring the business can adapt to changing regulatory, market, and competitive conditions while helping to solve complex business problems.

Position Description

  • Financial strategy and capitalplanning: Overseedevelopment and the maintaining of a multi-yearfinancial strategy that supports profitable growth, disciplined reinvestment,working capital management, capital structure decisions, acquisitions, majorcontract opportunities, and long-term shareholder value.
  • Financial reporting andcontrols: Oversee accurate monthly,quarterly, and annual financial reporting; strengthen internal controls; ensurecompliance with accounting standards and applicable federal, provincial,municipal, tax, and regulatory requirements; and, improve the consistency ofreporting across business units and regions.
  • Treasury, cash flow, andbanking: Manage cash flow, debtfacilities, banking relationships, bonding, insurance requirements, creditrisk, investment decisions, and liquidity planning to ensure the company hasthe financial capacity to meet operating and growth requirements.
  • Tax and shareholderplanning: Work with externaladvisors and ownership to manage corporate tax planning, shareholder-relatedtax matters, estate and succession considerations, trusts, intercompanystructures, and other matters relevant to a privately owned, family-ledenterprise.
  • Risk management: Identify, assess, and manage financial, operational, contractual,insurance, compliance, cyber, and business continuity risks, ensuring riskmitigation plans are practical, documented, and aligned with businesspriorities.
  • Technology and data: Oversee finance systems and partner with information technologyleaders to improve data quality, reporting automation, analytics, cybersecurityawareness, system controls, and the use of technology to increase efficiencyacross the business.
  • Executive andstakeholder communication: Prepare clearfinancial updates and ownership materials, lender reporting,insurance and bonding submissions, and business cases that translate complexfinancial information into practical recommendations for decision-making.
  • Team leadership: Lead, coach, and hold accountable finance, accounting, and relatedsupport teams; establish role clarity, service standards, timelines,reporting expectations, and succession plans for key positions; Ensure annual performance reviews are conducted forall Team members to celebrate successes and identify areas for training anddevelopment.
  • Cross-functional businesspartnership: Work directly withoperations, commercial, legal, human resources, safety, procurement, andregional leadership to improve decision-making, contract performance, costcontrol, asset utilization, and accountability for results.
  • Stakeholder Relations: Communicate financialperformance, risks, priorities, and recommendations to ownership, the executiveleadership team, senior operators, lenders, bonding companies, insurers,external auditors, tax advisors, and other key partners. 

They will also, as a member of Emterra's Executive Leadershipteam.

  • Serve as a senior advisor tothe ownership group and executive leadership team on financial strategy,capital allocation, risk, growth opportunities, acquisitions, major customercontracts, and operational performance;
  • Build a finance function thatis accurate, timely, service-oriented, and commercially aware, withreporting tools that help leaders understand margin, cost drivers, cash flow,asset performance, and contract profitability; may develop a financial planning& analysis (FP&A) capability that aligns closely with businessoperations and divisions and encourages the finance team to partner closelywith the business units;
  • Partner with the CEO, COO, ownership group, andoperating leaders to align financial, information technology, and riskmanagement priorities with the company's strategic plan;
  • Lead annualbusiness planning, budgeting, forecasting, capital expenditure planning,internal controls, audit readiness, valuation support, pricing review,treasury, credit, tax, insurance, and external reporting;
  • Model a hands-on leadership style by setting clear expectations,developing leaders, addressing performance issues directly, and buildingpractical processes that improve accountability and decision-making;
  • Help embeda data-driven and accountable culture; 
  • Enableenterprise-wide visibility through real-time performance dashboards andanalytics;
  • Keep abreast of current trendsand emerging industry issues and advise the Executive Leadership Team on theopportunities and impacts to Emterra and its strategic direction;
  • Help drive cultural change to achieve a "one-company"approach and mindset across Emterra's national operations;
  • Foster an environment that stimulates open and transparentcommunication, creativity and collaboration; engender a team spirit in solvingproblems and identifying and capturing new business opportunities;
  • Help assess, pursue, execute on, and, where appropriate, integrate merger/acquisition opportunities; and,
  • Contribute to the development, negotiation, and the management of newcontracts with EPR and non-EPR based customers.

The Ideal Candidate Profile

The key goal in making this appointment is to attract someone whooffers high intellectual and emotional intelligence capacity, is strategicallyminded, and can bring strong communication and interpersonal skills to EmterraGroup. To remain a leader in the sector, the organization is committed tohiring, developing, nurturing and retaining more than just managers - they needcharismatic, inspirational leaders.

The CFO must thrive in a founder-led environment, partneringclosely with Emmie Leung to translate her bold, entrepreneurial vision intodisciplined financial execution while respecting the instincts that have driventhe company's success.  Success in therelationship requires a leader who can engage as a trusted thought partner -bringing structure, data, and challenge where needed - while aligning with thepace, intensity, and high standards set by the founder.

In addition to the leadership competencies highlighted above, the CFOwill also possess the following experience, knowledge, attributes andeducation:

  • 10+ years of progressive seniorfinancial leadership experience, including responsibility for day-to-dayfinancial operations, budgeting, forecasting, reporting, controls, treasury,tax, and business performance analysis for a complex organization;
  • Experience asa CFO, Vice President Finance, or equivalent senior finance leader withmulti-division, multi-location, or multi-jurisdictional accountability;
  • Expertise indeveloping and executing a strategic finance plan that is aligned with abusiness' overall strategic plan;
  • Experience gainedwithin complex environments; has ideally led finance teams for manufacturing,logistics, transportation, and/or material processing operations; expertise inoptimizing a large fleet (routing, operating and maintenance) is beneficial;
  • Experience supporting a privately owned,owner-operated, family-led, or entrepreneurial organization where the CFO isexpected to balance strategic advisory work with hands-on execution;
  • Demonstrated ability to lead financeteams, develop direct reports, improve service levels, clarifyaccountabilities, and manage performance in a practical and respectful manner;
  • Strongunderstanding of Canadian accounting, tax, audit, payroll, insurance, bonding,banking, and regulatory requirements, with the ability to work effectively withexternal advisors and institutions;
  • Ideally has helped in the planning, execution and management of rapid and transformational change;
  • Experience developing, pricing,reviewing, and negotiating: large or complex multi-year customer contracts;capital projects; acquisitions; financing arrangements; and, major commercialcommitments;
  • Strong analytical capability, includingthe ability to interpret financial and operationaldata, identify root causes, test assumptions, quantify risk, andprovide recommendations that leaders can act on; expertise developing afinancial planning and analysis (FP&A) capability would be beneficial;
  • Comfortable working across operations,commercial, legal, human resources, safety, procurement, and technologyfunctions to collaboratively explore opportunities and to solve businessproblems;
  • Communicatesclearly with financial and non-financial audiences, including ownership,executives, lenders, auditors, insurers, bonding companies, and operationalleaders;
  • An ability to adapt to andpositively impact the Emterra culture while establishing proven financialdisciplines and methodologies that will further enhance the company'sperformance;
  • High emotional intelligence, necessary to focuson the people aspects of transformational change;
  • Humble, hard-working, confidentand curious professional who can respectfully stand their ground in making anddefending recommendations;
  • Entrepreneurial spirit with akeen interest in being part of a growing business striving to be the best inits industry; projects a strong presence in the field and genuinely enjoysinteracting with employees; projects a 'down-to-earth' and engaging manner;
  • Open, honest and respectful;will embrace Emterra's values and collaborative working environment;
  • Accessible with an appreciationfor the attention requirements of an organization that operates across nationaltime zones;
  • Exhibits a high degree of discretion,judgment, integrity, and confidentiality when handling corporate, shareholder,succession, compensation, and business-sensitive information;
  • Practical, down-to-earth leadershipstyle with the ability to operate in a fast-paced, changingenvironment where priorities can shift quickly and decisions often require bothurgency and discipline;
  • Able and willing to travel up toapproximately 20% to support business needs across Canada; and,
  • Can call on a sense of humour.

Education/Professional Qualifications

Technically astute with relevant professional trainingincluding a CPA designation; MBA, CFA, or equivalentadvanced business or finance education is considered an asset.

Onsite - Oakville

Reasons to Apply, Stay and Grow with Emterra Group 

  • Opportunity to be part of one of Canada's Greenest Employers!
  • Competitive wages!
  • Employee Assistance Program, paid for by the company!
  • Be part of an entrepreneurial organization that wants to continue to learn and grow!
  • Ability to have an impact and make change! 

Are you ready to jumpstart your career by joining one of Canada's Greenest Employers and become part of the environmental solution? If so, apply now! We appreciate all applicants who apply however only those who are qualified, will be contacted. 

EmterraGroup is committed tomaintainingan equitable, fair, and diverse environment. Any applicants who have a disability or require reasonable accommodation may speak directly with our Human Resources Department. Reasonable accommodations will be assessed on a case-by-case basis.All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, sexual orientation, gender identity, age, national origin, disability, or veteran status. 

Please note that AI may be used to support the application review process; however, all applications are reviewed by our Human Resources Team.

This posting is for an immediate vacancy, and we are actively hiring for this position.

Employment Type: FULL_TIME