Commercial ManagerReports to: Vice President of Finance
Annual Salary: $85,000 to $100,000 based on experience
Location: Vancouver, BC or Toronto, ON
At COBS Bread, we believe in supporting the success and sustainability of our franchise network through strong partnerships, commercial insight, and operational excellence. We are looking for a commercially minded and analytical
Commercial Manager to join our Finance team and play a key role in supporting franchisee financial performance across the business.
What you will be responsible for:Financially Critical Bakery Support- Monitor cash flow and financial performance of at-risk franchisee locations
- Identify financial risks early and support the development of recovery plans
- Track progress against recovery milestones and maintain accurate reporting records
- Support repayment plans for outstanding franchisee debts
- Provide regular financial risk reporting to Finance and Operations leadership
Banking Relationships- Support relationships with preferred banking and lending partners
- Assist franchisees in navigating financing options and lender connections
- Maintain and update franchisee financing resources and documentation
Franchise Gate Process- Administer financial assessments within the franchisee gate approval process
- Maintain gate tracking documentation, approvals, and pipeline reporting
- Partner with Franchise Development and Legal teams to support smooth execution of the process
Financial Assessment - New Franchisee Candidates- Review financial submissions from prospective franchisees
- Assess financial viability, credit profiles, and business plans
- Prepare recommendation reports highlighting financial strengths and risks
- Communicate financial expectations and requirements to candidates
Multi-Site Franchisee Growth Reviews- Conduct financial reviews for franchisees seeking expansion opportunities
- Assess profitability, debt obligations, and working capital capacity
- Provide recommendations and escalate financial concerns where appropriate
Bakery Issue Reviews with Operations- Partner with Operations teams to review underperforming bakery locations
- Provide financial insights and analysis to support action plans
- Follow up on agreed actions and track financial outcomes
Other tasks and projects as assigned.
RequirementsWhat you bring to the table:- Bachelor's degree in Finance, Accounting, Business, or a related field
- MBA and/or CFA designation (or progress toward CFA) considered an asset
- 3+ years of experience in commercial finance, FP&A, or financial analysis
- Experience supporting multi-site operations, retail, hospitality, or franchise environments preferred
- Exposure to lending, credit analysis, or banking relationships is an asset
- Proven experience partnering cross-functionally with Operations and Development teams
- Strong financial analysis and modelling skills
- Commercial acumen with the ability to translate data into operational insights
- Strong stakeholder management and relationship-building skills
- High attention to detail and strong governance discipline
- Advanced Excel and financial reporting capabilities
- Excellent communication skills with the ability to simplify complex financial concepts
- Ability to manage competing priorities in a fast-paced environment
BenefitsWhat's in it for you: - Flexible work arrangements with a combination of working in the Support Office and remotely
- Competitive salary, bonus, and vacation plan
- A great Extended Health & Dental Benefit, Group RRSP Matching, and Health and Lifestyle spending account
- Paid sick and personal leave days
- Paid day for community service and volunteer time
- An open, 'continuous-learning' environment where professional development and career progression is encouraged
- Work within a dynamic, driven, high-achieving, close-knit and fun-loving team
- High level of autonomy and responsibility
We thank all applicants for their interest in COBS Bread but would like to advise that only applicants shortlisted for interview will be contacted.
