Chief Financial Officer

**Company Biography**

Tbaytel is a leading regional provider of telecommunications products and services. We are a dynamic, growth-oriented company committed to investing in the people and organizations that help build strong and healthy communities throughout the entire region we serve. Tbaytel offers comprehensive benefits, performance and recognition programs, educational training, work-life balance and career growth opportunities.

**Position Summary**

Reporting directly to the President & CEO of Tbaytel, the Chief Financial Officer (CFO) is a pivotal executive leadership role responsible for the overall financial management practices, procurement practices and regulatory strategy and compliance of Tbaytel. The CFO will drive financial performance, ensure robust financial management practices, and lead the company's regulatory strategy in a dynamic industry. This role requires an exceptional blend of strategic vision, financial acumen, and strong leadership capabilities to navigate complex challenges and capitalize on growth opportunities.

**Major Responsibilities**

1. Executive Leadership & Strategic Thinking:

- Strategic Partner: Act as a key strategic partner to the CEO, Executive Leadership Team (EMT) and Board of Directors, contributing to the development and execution of the company's overall business strategy, long-term vision, and growth initiatives.
- Risk Management: Oversee the identification, assessment, and mitigation of financial and operational risks, ensuring the establishment of robust internal controls and risk management frameworks.
- Stakeholder Relations: Develop and maintain strong relationships with the City of Thunder Bay, analysts, and financial institutions, effectively communicating the company's financial performance, strategy, and value proposition.
- Culture & Talent: Foster a high-performance culture within the finance, procurement and regulatory team of fourteen employees, attracting, developing, and retaining top talent. Champion a culture of continuous improvement, accountability, and ethical conduct.

2. Management of Company Finances & Budgeting Practices:

- Financial Planning & Analysis (FP&A): Direct all financial planning and analysis activities, including budgeting, forecasting, variance analysis, and long-range financial modeling to support strategic initiatives and operational decision-making.
- Financial Reporting & Compliance: Ensure the integrity, accuracy, and timeliness of all financial reporting in accordance with Public Sector Accounting Board (PSAB) Reporting Standards and other relevant accounting standards (i.e. IFRS). Oversee internal and external audits.
- Treasury & Cash Management: Manage the company's treasury function, including cash flow management, liquidity, investments, and debt financing, optimizing capital structure and minimizing financial risk.
- Capital Allocation: Lead the capital allocation process, evaluating and prioritizing investment opportunities to maximize shareholder value and support strategic growth.
- Cost Management: Implement and oversee robust cost control initiatives, identifying opportunities for operational efficiencies and optimizing resource utilization across the organization.

3. Leadership of Regulatory Strategy:

- Regulatory Compliance: Oversee and ensure the company's full compliance with all relevant telecommunications regulations, including those set by the CRTC (Canadian Radio-television and Telecommunications Commission) and other governmental bodies.
- Policy Advocacy: Lead the development and advocacy of the company's positions on key regulatory and policy issues affecting the telecommunications industry, engaging with government officials, industry associations, and other stakeholders.
- Regulatory Filings: Direct the preparation and submission of all required regulatory filings, ensuring accuracy, completeness, and timely submission.
- Relationship Management: Build and maintain strong, collaborative relationships with regulatory bodies, legal counsel, and industry peers to effectively navigate the complex regulatory environment.

**Minimum Qualifications**
- Education: Bachelor's degree in Finance, Accounting, Business Administration, or a related field. A chartered professional accountant designation (CPA) is required.
- Experience: Minimum of 12+ years of progressive financial leadership experience, with at least 5 years in a senior executive financial role (e.g., VP Finance, CFO).
- Financial Acumen: Exceptional financial modeling, analytical, and problem-solving skills. Proven ability to translate complex financial data into actionable insights and strategic recommendations.
- Regulatory Savvy: Demonstrated experience in leading regulatory strategy and navigating the complexities of the CRTC or other Canadian regulatory bodies.
- Procurement: Demonstrated experience in leading organizational procurement practices ensuring cost-effectiveness, risk mitigation, and alignment with organizational