Director of Finance
Located within the unceded territory of the syilx people, the Okanagan Indian Band is comprised of six reserves located in the North Okanagan.
Come join the OKIB Team and enjoy all that the beautiful Okanagan Valley has to offer, including a great climate, stunning scenery, world-class ski resorts, golf courses, wineries and beaches.
The OKIB offers a welcoming team environment and a rewarding job experience. You can expect a supportive work environment and a total compensation package which includes:
- 4 Weeks’ Vacation Pay
- Extended Health and Dental Benefits
- Employer Matched Pension Plan
- Paid Director’s Days off (one per month)
- 15 Statutory Holidays
- Paid Winter Holiday Break
- Discounted Silver Star lift passes
- Cultural Leave
- Retention Bonuses after years of service
- 15 Paid Sick Days
- Paid Personal Leave
- Employee Assistance Program
- Professional Development Opportunities
Hours of work: 37.5 hours per week
JOB SUMMARY
Reporting to the Director of Administration, you will be responsible for the operation of the accounting system, budgeting, and statutory duties by following the policies and procedures set out by the OKIB Chief and Council and in accordance with Federal, Provincial legislation and OKIB Laws. This position is also responsible for developing and managing risk mitigation strategies as they relate to financial administration and the Financial Administration Bylaw, ensuring that the best interests of the Okanagan Indian Band are considered in all financial decisions.
The Director of Finance is responsible for participating in and leading strategic financial planning, including budgeting, Financial Plans, Long-Term Capital Plans, Investment Plans, and forecasting. The director provides financial advice, direction, and leadership to the DOA, organizational leadership, and stakeholders. The director is relied on to be the expert in finance and responsible for overseeing and managing all accounting, financial systems, and internal controls. The director makes policy recommendations and revises procedures to reduce the possibility of non-compliance with fiduciary requirements or legislation.
The Director of Finance is responsible for the integrity and accuracy of the OKIB financial statements, the quality and timeliness of financial reports and the adoption of accounting practices in compliance with Generally Accepted Accounting Principles (GAAP).
SUPPORTS NEEDED
Strategic Planning
- Participates and collaborates with the strategic planning of all departments
- Participates in the implementation of short and long term goals
- Participates, researches and prepares operational plans for the cost effective administration of the organization
- Implement and control with Directors a budgeting cycle
- Oversee the development and maintenance of relevant financial systems
Controllership
- Financial management of all OKIB operations in order to ensure that finances are maintained in an accurate and timely manner and comply with relevant legislation, bylaws, policies and procedures
- Assist Directors and Managers with developing annual forecasts and budgets
- Provide analysis and prepare final reports for review by the Director of Administration and Leadership
- Responsible for monitoring financial records, cash management and quality control
- Responsible for monitoring contractual agreements and contribution agreements
- Responsible for reporting to the Director of Administration and Leadership on financial or management issues, policies, and the impact of issues from the Council’s perspective
- Responsible for the coordination of the annual Audit by ensuring all schedules are prepared, all reconciliations are complete and documentation is available
- Manage OKIB’s insurance portfolio and risk management.
- Review audited financial statements for accuracy and acceptability of format
- Prepare management response to Auditor’s recommendations in consultation with the Director of Administration and Council and, take corrective action when required
- Conduct financial analysis and cash flow forecasting
- Establish and maintain internal financial controls
- Manage investment funds in accordance with established policies and procedures
- Develop and recommend accounting standards, policies and procedures for the OKIB
- Provides supervision and training of Finance staff
- All persons employed by the Okanagan Indian Band may be required to assist the Band in providing emergency services. Duties assigned during an emergency may differ from regular duties.
- Participates in community events as requested
ADMINISTRATIVE DUTIES
- Provide accurate, useful and timely financial statements, financial management reports and analysis to the Director of Administration and Chief and Council as required
- Review the General Ledger and financial records monthly
- Ensure that all balance sheet accounts are reconciled on a monthly basis
- Manages the cash flow of the organization
- Support the finance committee
- Attend the presentation of the annual audit at the Band meeting
- Supervise and support staff and delegate responsibilities
- Ensure that performance reviews are completed and recommendations are implemented
- Mediate and provide conflict resolution on personnel issues in relation to employees
- Ensure the contribution agreement obligations are met
- Attend required meetings, i.e. Directors, interagency
- Performs all duties and responsibilities in accordance with the OKIB policies and procedures
- Performs other duties as required
DIRECT REPORTS
Controller & Information Technology Manager
WHO ARE WE LOOKING FOR
You have education, experience, or carry a willingness to learn. You are community-minded, detail-oriented, and an excellent communicator.
Education
- Undergraduate Degree supplemented by a Chartered Professional Accountant Designation (CPA) in good and current standing
- Certified Aboriginal Financial Manager (CAFM) is preferred
- Valid BC Driver’s licence, Class 5 and reliable vehicle
- An equivalent combination of education and experience may be considered
Experience
- Minimum five years of progressive experience in financial administration in a First Nations or public service organization, managing and leading a team
- Knowledge and understanding of federal and provincial government funding programs and reporting requirements and experience dealing with government agencies
- Experience managing finance and accounting staff with demonstrated ability to lead and build cohesive team
- Experience implementing policies and procedures and reviewing compliance to policies
- Intermediate level ability with Microsoft Suite with accounting (ACCPAC) and payroll systems (Payworks) preferred experience
- Good interpersonal, communication and presentation skills and strong social skills to be able to maintain good relations with stakeholders
- Possesses cultural awareness and sensitivity
- Commitment to the position and to participate in the organizational events
- Successful employment checks (Credit, Criminal, References)
Competencies (KSAs & Desired Attributes)
- Possess cultural awareness and sensitivity
- Project management, research and program development skills
- Ability to supervise and manage performance
- Negotiation skills
- Analytical and problem solving skills
- Ability to exercise sound judgement and diplomacy in decision making
- Effective written communication skills
- Ability to engage with varied personalities and adapt approach accordingly (approachable, adaptable, confident, engaging, credible)
- Ability to maintain confidentiality
- Ability to work with frequent interruptions and with changing priorities
- Ability to work collaboratively in a team environment
- Stress and time management skills
- Self-motivated and engaged
CLASSIFICATION/PAY SCALE
$115,000 - $130,000 annually dependant on education and experience
Please send resume, cover letter and references in any one of two ways:
Email: recruiting@okanagan.org
Mail or drop off: 12420 Westside Road, Vernon, BC V1H 2A4
If you have accessibility needs, please contact Hollie Lachuk @ 250-542-4328 ext. 1011
The successful applicant will be required to provide a Criminal Record Check that includes the vulnerable sector and three references
Preference will be given to qualified Aboriginal Applicants as per section 41 of the Human Rights Code.