VP Finance

Do you value integrity and innovation? How about passion and caring? Great Us too, and that's why you'll fit right in. Our intentional culture promotes trust and participation, encouraging you to bring your heart and mind to work every day.

Location: Regina, Head Office

Work hours: Full-time (Monday – Friday, 40 hours per week)

Work Location: In Office

Division: Finance

Out-of-Scope

Closes: August 26, 2024

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

1. Manage 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.

2. Manage the preparation of the annual audited financial statements and management’s discussion and analysis section of the annual report.

3. Manage the annual external audit process for all companies and the quarterly external review process and prepare all related board reporting.

4. Oversee the Finance Division’s Enterprise Resource Planning (ERP) technology ensuring its ongoing advancement and evolution to best support business processes.

Financial Planning and Budgeting

1. Oversee and coordinate the annual corporate budget process for approval by the Board of Directors.

2. Oversee, direct and coordinate the corporation’s financial planning, quarterly variance reporting and budget management functions. Monitor and analyze operating results against budget.

3. Manage the preparation of financial outlooks and financial forecasts for internal and external reporting purposes.

Finance Operations

1. Oversee corporate receivables and collections activities and ensure appropriate policies and procedures have been implemented and followed.

2. Oversee corporate disbursement activities and ensure appropriate policies and procedures have been implemented and followed.

3. Oversee Treasury management activities including banking, cash forecasting and investment recording.

Financial Accounting and Analysis

1. Establish and maintain accounting policies and systems that comply with International Financial Reporting Standards, tax requirements and management reporting requirements to ensure accurate presentation of financial results.

2. Oversee daily operations of the finance and accounting functions.

3. Perform financial analysis functions as required, to support business decisions and act as advisor to senior management.

4. Manage tax planning and ensure compliance with all federal, provincial and other applicable taxes.

Internal Controls Over Financial Reporting

1. Oversee the corporation’s annual CEO/CFO certification of internal controls over financial reporting process and provide related counsel to the CEO and CFO regarding their certification.

2. Manage risk in area of authority – participate in corporate risk management practices including the development of the corporate risk register.

Strategic Senior Management Leadership

1. Collaboratively, as part of the senior leadership team (SLT), participate by providing Executive Leadership Team (ELT) insight and feedback on the short and long term strategic direction of the corporation and recommend adjustments based on current environment.

2. Work collaboratively to understand and build alignment with divisional short and long term tactics to achieve corporate strategies.

3. Work collaboratively and act as SLT sponsor on cross-divisional priorities ensuring SGI First approach and integration with all business units.

4. Participate in the strategic review board to provide oversight, guidance and direction on future commitments collaboratively making recommendations to ELT on future initiatives.

5. Demonstrate a deep understanding of Crown governance structure, principles and regulatory requirements and stay informed of shareholder goals and expectations to ensure consideration and alignment in the development and implementation of SGI strategy, programs and policies.

6. In collaboration with ELT and SLT determine resource commitments and capacity to deliver on the organization’s goals and strategies.

7. Oversee and support the execution of company succession plans, ensuring developmental opportunities that provide progressive movement in employees’ growth and development.

8. In collaboration with EVPs, submit, represent and present operational and strategic reports and requests to ELT and the Board of Directors.

9. Ensure 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

1. Understand the importance of building a high performing workforce and actively lead or ensure human resource activities (staffing, change management, workforce planning) are executed to facilitate seamless customer experience and a prepared workforce.

2. Monitor succession plans to ensure continuous knowledge transfer.

3. Build a culture of empowerment and accountability to effectively deliver on strategic vision and corporate strategies, ensuring integration with employee performance development plans.

4. Drive 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

1. Ensure programs and policies are in alignment with corporate, strategic and divisional strategies.

2. Manage risk in area of authority.

3. Prepare, review, manage and/or approve departmental/divisional budgets.

4. Prepare decision requests, decision and/or information items and/or SGI board items.

5. Ensure 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.

6. Make decisions for departmental operations that are efficient, effective and in alignment with strategic direction and priorities.

7. Ensure department and program policies, procedures and guidelines are in compliance with applicable federal and provincial legislation and regulations; implement and evaluate changes to legislation and regulations in area of authority.

8. Establish and maintain 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 communicate the importance of internal controls to staff.

Education and Experience

1. A four-year degree from an accredited post-secondary educational institution in a relevant field of study such as Business.

2. A Chartered Professional Accountant (CPA) designation.

3. Fifteen years relevant experience in finance or accounting, including 10 years of progressively challenging leadership experience.

Knowledge, Skills and Abilities

1. Skill in applying International Financial Reporting Standards.

2. Knowledge of financial accounting, recording and reporting processes.

3. Knowledge of how accounting/financial information contributes to management understanding and decision making.

4. Knowledge of financial analysis methods and tools and the ability to apply to a variety of scenarios.

5. Skill to analyze data and identify trends, patterns and irregularities.

6. Knowledge of Canadian taxation.

7. Knowledge of corporate financial planning and budgeting methods and approaches.

8. Skill to define and manage project, operating and capital budgets.

9. Knowledge of corporate structure, organizational units, business processes and internal controls, and how they interact to support the Corporation’s operations.

10. Knowledge of internal control frameworks, financial and other internal controls and financial auditing methodologies.

11. 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.

12. Ability to prepare and deliver effective presentations.

Behavioural Competencies

Leader Level 5 - Applies (Division/Organization)

1. Accountability - Defines and Enhances Organizational

2. Business Acumen - Strategically Directs the Organization, Broadly Weighing Internal and External Perspectives

3. Change Agility - Creates and Expresses the Vision for Change

4. Leadership - Leads the Division/Organization

Posting Close Date: August 26, 2024

As you prepare to submit your application, and cover letter if applicable, please highlight the achievements that demonstrate why you're a great candidate for this role.