Chief Financial Officer at Alan & Grant

Job Description

• This position is part of the Executive Management Team (EMT) and is responsible for collaborating with the other members of the EMT in delivering and achieving overall corporate results under the direction of the CEO.
• The EMT is also responsible for leadership and championing the corporate culture.
• As a visionary and future-focused leader, the CFO will actively expand information-sharing opportunities across functions within the organization.
• They will promote improvements to existing budgeting processes, reporting packages, and performance dashboards and provide insightful analytics to support decision-making.

CFO Functions

• Accounting
• Budgeting
• Tax
• Financial Analysis and Reporting
• Treasury

Board & Management Committees

• ALCO
• Board Audit & Finance Committee
• Board Risk Committee
• Management Credit Committee
• Information Technology Oversight Committee (ITOC)
• Risk Oversight Committee (ROC)

Key Responsibilities

• Monitors treasury strategy and policies including Liquidity, Investment and Lending, Asset Liability Management, Interest Rate Exchange, Derivatives, and Foreign Exchange; ensures all reporting processes including those of a regulatory nature, are completed and all trends identified and analyzed; ensures the organization meets all external liquidity regulations and internal policy limits; lead the implementation of internal controls within treasury and ensures internal audits are conducted for market risk and other treasury functions.
• Develops a long-range capital plan with the CEO and senior executives designed to maximize business successes, current, and future which is approved by the Board; defines and maintains financial frameworks and standards for operating and capital allocation.
• Leads the organization’s pricing strategy by recommending and administering interest rates for existing products and services in collaboration with key executives; provides rate quotations for unusual or unique circumstances and approves discretionary pricing approaches.
• Maintains corporate financial policies, controls, procedures, and standards to ensure adequate expense control and revenue collection; oversees procurement policies and seeks to leverage through volume rebates, group purchasing, creating preferred suppliers of record, and ensuring compliance to agree upon sourcing guidelines.
• Leads the annual budgeting process and works closely with the People Services Leader to align the budgeting process with the annual business planning process.
• Ensures internal and external financial reporting is conducted in a timely manner and meets appropriate financial reporting standards (IFRS) and compliance with any accounting legislation; provides financial planning, reporting, and analysis to improve organizational performance.
• Ensures the annual external audit is completed and reported on a timely basis to the Chair of the Audit Committee of the Board; ensures a strong monitoring system for accounting practices is in place to satisfy the regulator for the requirement of transparency.
• Manages the accounting operations functions including accounts payable and receivable, PPE, and cash management, coordinates with regions to ensure their operations are effective; reconciles and accounts for all funds received and disbursed at the corporate level; completes all corporate banking transactions; has responsibility for ensuring the integrity and appropriateness of the organization’s accounting systems and processes, ensuring appropriate oversight designed to minimize risk.

Requirements
Experience &/or Education Requirements

• A Bachelor's Degree or college Diploma in Business Administration, Accounting, Economics or a related field
• 10-15 years prior experience in a Finance/Accounting division, acting in a role at a senior level
• Extensive experience in budget development and management, business accounting theory and practice, treasury, taxation, forecasting, and financial controls
• Experience utilizing data analytics to improve financial reporting and decision making
• Experience leading a multidisciplinary team
• Demonstrated experience successfully leading and implementing up-to-date financial systems and reporting practices
• Demonstrated ability to apply sound judgment regarding financial decision-making and identifying opportunities for the maximum benefit of the organization
• ACA Accounting Designation is required (ACA, ACCA, and CITN will be an asset)
• MBA