Nichola Thompson, CPA, CMA

Chief Financial Officer

Professional Overview

Nichola Thompson is an accomplished Chief Financial Officer with extensive expertise in financial management, strategic planning, and operational optimization. With a strong background in the consumer goods and cannabis industries, she has established a reputation for driving financial excellence and spearheading transformative initiatives that maximize organizational performance and profitability.

Experience Summary

Current Roles

Chief Financial Officer, CarePartners (2023-04-01 to Present)

Responsible for overseeing all financial operations, including financial reporting, budgeting, forecasting, and risk management

Played a pivotal role in the successful integration of a recent acquisition, ensuring a seamless transition and the realization of anticipated synergies

Implemented data-driven decision-making processes to enhance financial visibility and drive informed strategic decisions

Chief Financial Officer, Nukumi Group (2022-08-01 to Present)

Spearheaded the streamlining of financial processes and the implementation of robust internal controls to improve operational efficiency

Served as a strategic partner to the executive team, providing financial insights and recommendations that supported the company's growth initiatives

Played a key role in securing a $25 million financing round to fund the organization's expansion plans

Career Progression

Chief Financial Officer, The Green Organic Dutchman (2022-02-01 to 2022-08-01)

Provided financial leadership during a period of significant organizational transformation, including the divestment of non-core business units

Played a pivotal role in strengthening the company's balance sheet and improving its liquidity position

Implemented new financial reporting systems and dashboards to enhance visibility and decision-making capabilities

Chief Financial Officer, Galaxie Brands Corp. (2021-06-01 to 2022-02-01)

Oversaw the financial integration of a major acquisition, ensuring seamless transition and the realization of anticipated synergies

Developed and implemented a comprehensive cost optimization strategy, resulting in an 18% reduction in operating expenses

Spearheaded the implementation of a new enterprise resource planning (ERP) system, improving data integrity and streamlining financial reporting

Chief Financial Officer, Embark Health (2020-05-01 to 2021-06-01)

Played a key role in securing a $12 million Series B funding round to support the company's growth initiatives

Streamlined financial processes and enhanced internal controls, improving operational efficiency and financial reporting accuracy

Provided strategic financial guidance to the executive team, supporting the organization's expansion into new markets

Academic Background

Bachelor of Commerce, University of British Columbia

Chartered Professional Accountant (CPA, CMA)

Areas of Expertise

Financial management and reporting

Strategic planning and business transformation

Mergers, acquisitions, and integration

Cost optimization and operational efficiency

Enterprise resource planning (ERP) system implementation

Fundraising and investor relations

Professional Impact

Recognized for driving substantial improvements in financial performance and operational efficiency at each organization

Actively involved in industry associations, contributing thought leadership and best practices to peers

Committed to fostering a culture of continuous improvement and innovation within finance teams

Conclusion

With a proven track record of financial leadership and a passion for driving organizational excellence, Nichola Thompson is poised to make a significant impact as a Chief Financial Officer. Her strategic mindset, operational expertise, and ability to translate financial insights into actionable strategies make her a valuable asset to any organization seeking to enhance its financial operations and position for long-term growth.