VP Finance

4 weeks ago


Regina Saskatchewan SP, Regina region, Canada Cpask Full time

General Accountability

The successful candidate will be responsible for leading, directing, and monitoring the planning, delivery, and evaluation of finance functions (financial reporting, financial planning and budgeting, financial analysis, financial accounting, and investment portfolio management) for SGI and its regional operations. You will lead the development, execution, and evaluation of divisional and corporate strategies, programs, and policies in areas of responsibility; ensure that programs and policies align with strategies; and manage people and budgets.

As an active member of the Senior Leadership Team (SLT), you contribute to the organization by supporting strategic direction and priorities and working collaboratively to ensure an SGI First and One SGI approach.

Key Accountabilities

Note: This section is not intended to be an exhaustive list of duties and responsibilities – other duties and responsibilities may be assigned.

Financial Reporting & Technology

  • Manages the process to prepare accurate and timely financial reports, financial statements, and compliance reporting for internal and external users, including Management, the Board of Directors, the corporation’s parent, regulatory bodies, and rating agencies.
  • Manages the preparation of the annual audited financial statements and management’s discussion and analysis section of the annual report.
  • Manages the annual external audit process for all companies and the quarterly external review process and prepares all related board reporting.
  • Oversees the Finance Division’s Enterprise Resource Planning (ERP) technology ensuring its ongoing advancement and evolution to best support business processes.

Financial Planning and Budgeting

  • Oversees and coordinates the annual corporate budget process for approval by the Board of Directors.
  • Oversees, directs, and coordinates the corporation’s financial planning, quarterly variance reporting, and budget management functions. Monitors and analyzes operating results against budget.
  • Manages the preparation of financial outlooks and financial forecasts for internal and external reporting purposes.

Finance Operations

  • Oversees corporate receivables and collections activities and ensures appropriate policies and procedures have been implemented and followed.
  • Oversees corporate disbursement activities and ensures appropriate policies and procedures have been implemented and followed.
  • Oversees Treasury management activities including banking, cash forecasting, and investment recording.

Financial Accounting and Analysis

  • Establishes and maintains accounting policies and systems that comply with International Financial Reporting Standards, tax requirements, and management reporting requirements to ensure accurate presentation of financial results.
  • Oversees daily operations of the finance and accounting functions.
  • Performs financial analysis functions as required, to support business decisions and act as advisor to senior management.
  • Manages tax planning and ensures compliance with all federal, provincial, and other applicable taxes.

Internal Controls Over Financial Reporting

  • Oversees the corporation’s annual CEO/CFO certification of internal controls over financial reporting process and provides related counsel to the CEO and CFO regarding their certification.
  • Manages risk in area of authority – participates in corporate risk management practices including the development of the corporate risk register.

Strategic Senior Management Leadership

  • Collaboratively, as part of the senior leadership team (SLT), participates by providing Executive Leadership Team (ELT) insight and feedback on the short and long-term strategic direction of the corporation and recommends adjustments based on the current environment.
  • Works collaboratively to understand and build alignment with divisional short and long-term tactics to achieve corporate strategies.
  • Works collaboratively and acts as SLT sponsor on cross-divisional priorities ensuring SGI First approach and integration with all business units.
  • Participates in the strategic review board to provide oversight, guidance, and direction on future commitments collaboratively making recommendations to ELT on future initiatives.
  • Demonstrates a deep understanding of Crown governance structure, principles, and regulatory requirements and stays informed of shareholder goals and expectations to ensure consideration and alignment in the development and implementation of SGI strategy, programs, and policies.
  • In collaboration with ELT and SLT determines resource commitments and capacity to deliver on the organization’s goals and strategies.
  • Oversees and supports the execution of company succession plans, ensuring developmental opportunities that provide progressive movement in employees’ growth and development.
  • In collaboration with EVPs, submits, represents, and presents operational and strategic reports and requests to ELT and the Board of Directors.
  • Ensures change management strategies/plans are integrated to support and align to divisional and corporate strategies and to gain acceptance of people strategies emerging from divisional or corporate strategies.

People Leadership

  • Understands the importance of building a high-performing workforce and actively leads or ensures human resource activities (staffing, change management, workforce planning) are executed to facilitate seamless customer experience and a prepared workforce.
  • Monitors succession plans to ensure continuous knowledge transfer.
  • Builds a culture of empowerment and accountability to effectively deliver on strategic vision and corporate strategies, ensuring integration with employee performance development plans.
  • Drives performance through team members and is committed to leadership development across the company, supporting employees and workforce readiness through mentoring, training, and developmental opportunities.

Corporate Management

  • Ensures programs and policies are in alignment with corporate, strategic, and divisional strategies.
  • Manages risk in area of authority.
  • Prepares, reviews, manages, and/or approves departmental/divisional budgets.
  • Prepares decision requests, decision, and/or information items and/or SGI board items.
  • Ensures that the Health, Safety, and Emergency Management Policy is applied in area of responsibility, including development, implementation, and managing of program components specific to departmental health and safety requirements.
  • Makes decisions for departmental operations that are efficient, effective, and in alignment with strategic direction and priorities.
  • Ensures department and program policies, procedures, and guidelines are in compliance with applicable federal and provincial legislation and regulations; implements and evaluates changes to legislation and regulations in area of authority.
  • Establishes and maintains an effective system of internal controls to support reliable financial reporting and compliance in accordance with applicable laws and regulations within the span of control, and communicates the importance of internal controls to staff.

Education and Experience

  • A four-year degree from an accredited post-secondary educational institution in a relevant field of study such as Business.
  • A Chartered Professional Accountant (CPA) designation.
  • Fifteen years relevant experience in finance or accounting, including 10 years of progressively challenging leadership experience.

Knowledge, Skills and Abilities

  • Skill in applying International Financial Reporting Standards.
  • Knowledge of financial accounting, recording, and reporting processes.
  • Knowledge of how accounting/financial information contributes to management understanding and decision-making.
  • Knowledge of financial analysis methods and tools and the ability to apply to a variety of scenarios.
  • Skill to analyze data and identify trends, patterns, and irregularities.
  • Knowledge of Canadian taxation.
  • Knowledge of corporate financial planning and budgeting methods and approaches.
  • Skill to define and manage project, operating, and capital budgets.
  • Knowledge of corporate structure, organizational units, business processes, and internal controls, and how they interact to support the Corporation’s operations.
  • Knowledge of internal control frameworks, financial and other internal controls, and financial auditing methodologies.
  • Ability to write high-quality reports that are clear, concise, and targeted to the audience, including reporting to the public, the shareholder, regulators and rating agencies, the Board of Directors, and Senior Management.
  • Ability to prepare and deliver effective presentations.

Behavioural Competencies

Leader Level 5 - Applies (Division/Organization)

  • Accountability - Defines and Enhances Organizational
  • Business Acumen - Strategically Directs the Organization, Broadly Weighing Internal and External Perspectives
  • Change Agility - Creates and Expresses the Vision for Change
  • Leadership - Leads the Division/Organization

Posting Close Date: August 26, 2024

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