Date Posted: 7/5/2024
Location: Ottawa, Ontario, Canada
Reference No.: 2024-719
Position Type: Full-time Permanent
Salary Range: $154,589.00 - $183,574.50 (salary is generally in that range)
About us
We are an organization driven by purpose. We are dedicated to serving Canadians and strongly committed to protecting their hard-earned money when it matters most. We live our promises and commitments every day by serving Canadians as one, and we have their best interest at heart. We strive to build an inclusive, accepting culture with commitment, determination and a bias for action.
The right challenge is waiting for you! Discover how valuable your experience can be and join our team.
About the role
As Director, Finance, you will be responsible for the Corporation’s accounting and financial planning functions, including formulating financial administration and accounting policies, procedures and systems; directing the preparation of financial statements and various reports to Management and to the Board of Directors and its committees and other statutory reports and ensuring compliance with applicable legislation with respect to financial matters.
This role can be performed from our Ottawa or Toronto offices, following a hybrid model approach. This is a full-time permanent opportunity. #LI-Hybrid
CORE RESPONSIBILITIES required for this role
- Develop materials and present to the Audit Committee, as required.
- Establish and maintain appropriate middle office and back-office processes and controls to ensure the effective operation of CDIC's finance function.
- Establish and maintain appropriate governance processes.
- Develop, promote, and monitor compliance with, corporate policies, standards, regulations and procedures governing financial operations (accounting, control, treasury analytics and reporting), ensuring compliance with statutory and regulatory requirements.
- Direct the preparation of the quarterly and annual financial statements and submit the statements to the CFO & Head, Business Integration for presentation to the Audit Committee.
- Working with the Director, Corporate Strategy, the incumbent directs the preparation of financial forecasts and the administration and coordination of annual operating plans and provides recommendations to the CFO & Head, Business Integration
- Co-ordinate the annual operational budget submissions and approval process, ensuring regular variance reports are available to managers.
- Promote and ensure prudence and probity in the management of corporate expenditures, asset control and liabilities and provide accounting to the CFO & Head, Business Integration on the utilization of these resources (e.g. Public Accounts of Canada, annual financial statements, monthly reconciliation and other reports including disclosure of Executive expenses on CDIC’s web site).
- Conduct cash flow forecasting, manage transaction risk and prepare performance evaluation in order to identify, measure, monitor and report financial risk exposures resulting from treasury activities in a manner consistent with Board approved policies.
- Review the Corporation’s tax position and make recommendations to the CFO & Head, Business Integration on corporate income tax & HST matters, to support decision-making processes.
- Direct the collection of information, via various on-line systems, from the departments within CDIC pertaining to the achievement of their objectives and prepare comprehensive Performance Assessment Reports for management and the Board of Directors, ensuring accurate and timely information is provided.
- Contribute to the development and revision of corporate accounting policies and procedures, ensuring accounting systems and data integrity so that the organization controls and reports financial results according to Government and commercial accounting standards.
- Advise other divisions and department heads on financial issues facing the Corporation to facilitate understanding and resolution of issues.
- Monitoring of emerging accounting issues and analysis of potential impact to CDIC.
About you
You take pride in your work and are passionate about having an impact. You face challenges head-on, are an excellent communicator and collaborator, and act with integrity.
SKILLS you bring
- Completion of a University Degree in Commerce, Business Administration or a related discipline, or an acceptable combination of education, training, and/or relevant work experience.
- CPA designation
- Strong knowledge of International Financial Reporting Standards.
- 7+ years managing a team of professionals in a variety of disciplines.
- Strong negotiation and influencing skills.
- Strong modelling and analytical skills.
- Advanced interpersonal and presentation skills.
- Advanced problem-solving skills.
- Excellent ability to work strategically and collaboratively with internal and stakeholders..
- Proven ability to tease out complex issues into relatable and relevant content for broader consumption.
- Strong attention to detail, prioritization, and ability to work in a dynamic and deadline driven environment.
Must have
Language Requirements: BBB (Bilingualism in French & English)
Security Clearance: Eligibility to obtain a Secret level security clearance
Sound like you?
If you are passionate about serving Canadians and see yourself as our future Director, Finance, please click the "apply now" button below.
CDIC is committed to working with the best and brightest people from the broadest talent pool possible. We provide equal employment opportunities to all employees and applicants for employment and will reasonably accommodate persons with disabilities during the recruitment, assessment and hiring process.