Adm 1 - Chief Financial Officer
7 months ago
Posting Title- ADM 1 - Chief Financial Officer- Position Classification- Assistant Deputy Minister 1- Union- N/A- Work Options- Location- Burnaby, BC V3J 1N3 CA (Primary)- Salary Range- $167,400.00 to 213,700.07 annually- Close Date- Job Type- Regular Full Time- Temporary End Date- Ministry/Organization- BC Public Service -> Public Safety & Sol General- Ministry Branch / Division- BC Liquor Distribution Branch- Job Summary**About the BCLDB**:
At the Liquor Distribution Branch (LDB) our vision of ‘Service. Relationships. Results.’ is all about providing a valued service, building strong relationships with our stakeholders, and achieving greater results for the province.
The LDB is one of two branches of government responsible for the cannabis and liquor industry of B.C. We operate the wholesale distribution of beverage alcohol and non-medical cannabis within the province, as well as the household retail brands of BC Liquor Stores and BC Cannabis Stores.
We employ nearly 5,000 people in over 200 communities and have hundreds of career opportunities spanning our entire wholesale, retail and corporate operations - from supply chain logistics to high-tech solutions, and everything in between. The LDB has been named one of BC’s Top Employers 14 times over for offering exceptional places to work, flexible work hours and earned days off, extended health and dental benefits, maternity and parental leave top-up payments, a pension program, in-house professional and leadership development, and subsidies for professional accreditation.
Finance is separated into five work groups (Finance Corporate, Finance Wholesale, Regulatory and Compliance, Finance Retail, and Shared Services) and provides financial services to all LDB departments. The Finance division provides financial reporting, advisory services, budgeting, capital asset reporting, and financial transactional processing (banking, accounts payable, accounts receivable). Finance is responsible for the LDB’s enterprise risk management program and oversees regulatory compliance for BC liquor manufacturers/warehouses.
**About this role**:
The commercial nature of LDB operations is unique to government organization and follows the spirit of the Financial Administration Act and government financial policies and procedures. Treasury Board Directive 4/96, which applies solely to LDB, provides the Chief Financial Officer with authority to establish accounting policies for capitalization, depreciation and accruals, develop a unique chart of accounts, maintain an independent general ledger system, operate independent bank accounts, payroll system, customs brokerage and excise clearance, manage an independent insurance program, property management program and leasing programs and enter into agreements with the private sector.
The Chief Financial Officer, acting with significant independence, is accountable for developing and implementing financial policies and procedures for the Liquor Distribution Branch (LDB) in accordance with Treasury Board Directive 4/96 and relevant federal and provincial legislation. The position has responsibility for financial control, accounting and reporting, financial systems, retail revenue accounting, payroll, asset control expenditures and a variety of central administrative services. The incumbent manages the development of capital, revenue and expense budgets, prepares the annual financial plan and oversees in-house customs brokerage.
This position is responsible for the achievement of appropriate corporate strategic plan objectives, department business plan objectives, and the efficient and effective utilization of resources.
This position is held accountable for the annual financial plan to achieve the net income target; is responsible for developing and presenting to Treasury Board capital, revenue and expense budgets and operating plans; is responsible for the preparation and submission of LDB financial statements showing assets, liabilities and operating results; is accountable for ensuring that the Branch Books of Account and financial statements are prepared in accordance with generally accepted accounting principles as well as the requirements and standards established by the Auditor General. This position also oversees the Branch Insurance Program to ensure best and most appropriate coverage according to various areas of identified risk within the Branch.
A criminal record check is required.
For complete details about this opportunity, including accountabilities, please refer to the attached job description, also located in the Additional Information section at the bottom of the posting.
An eligibility list for permanent or temporary future opportunities may be established.
**Position requirements**:
**Education and Experience**:
- Must be a member in good standing with a professional Canadian accounting designation (CPA).
- A university degree in economics, public administration, business administration, or relat
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