Chief Financial Officer (CFO)

Location
Ottawa (Region), Ontario
Salary
TBD
Posted
March 26, 2024
Closes
May 25, 2024
Job Sectors
Not for Profit
Job Type
Full-time
CPA status
CPA Member

Commissionaires Ottawa is looking for an experienced and dynamic individual to join our team as the Chief Financial Officer (CFO) working in our head office in Ottawa.

What you will be doing…
Reporting to the Chief Executive Officer (CEO), the Chief Financial Officer (CFO) is primarily responsible to drive the financial strategic direction of the Division as well as be accountable to lead and manage Commissionaires Ottawa’s finance department which includes finance, accounting, and payroll. Additionally, the role oversees the financial operations of the Commissionaires Ottawa Group of Companies, including regular reporting to the CEO and ensuring a strong Group control environment as well as accurate and timely financial reporting for the consolidation financial statements. 

The CFO ensures appropriate financial, budgeting, accounting, and payroll policies and procedures are in place, and is

Commissionaires Ottawa is looking for an experienced and dynamic individual to join our team as the Chief Financial Officer (CFO) working in our head office in Ottawa.

What you will be doing…
Reporting to the Chief Executive Officer (CEO), the Chief Financial Officer (CFO) is primarily responsible to drive the financial strategic direction of the Division as well as be accountable to lead and manage Commissionaires Ottawa’s finance department which includes finance, accounting, and payroll. Additionally, the role oversees the financial operations of the Commissionaires Ottawa Group of Companies, including regular reporting to the CEO and ensuring a strong Group control environment as well as accurate and timely financial reporting for the consolidation financial statements.

The CFO ensures appropriate financial, budgeting, accounting, and payroll policies and procedures are in place, and is responsible for the integrity of accounting, financial and payroll processes, systems and databases.

The CFO leads the annual budgeting process, negotiates National Master Standing Offer billing rates with PSPC, and negotiates preferential rates with benefits providers.  The incumbent will also leverage their knowledge and departmental resources to assist and advise the Federation and sister divisions’ CFOs should the need arise.

The CFO participates in the strategic planning process and is responsible for assigned budgets and objectives.

Primary responsibilities include…

STRATEGIC LEADERSHIP & MANAGEMENT:  

  • Provide sound leadership, management, guidance and coaching to assigned staff and as mentor to employees, leading by example.  Contribute to organizational strategic plan development, ensures department goals are aligned with strategic goals and objectives and maintains professional competency.

FINANCIAL MANAGEMENT & ACCOUNTING:  

  • Provide strategic information, analysis and advice to the CEO and senior management on all matters with potential corporate financial implications.  Oversee development of corporate policies on financial, budgetary and procurement matters, and monitor compliance.  Coordinate preparation of the annual budget Conduct negotiations and coordinate revisions on the National Master Standing Offer with the federal government.  Planning, budgeting and authorizing expenditures in accordance with approved policies are also related duties.  Ensure policies, procedures and internal controls vis-à-vis the collection of receivables are adhered to and account receivables are closely monitored and overdue accounts minimized.  Manage internal controls to ensure corporate financial assets are safeguarded and properly accounted for, overseeing cash management operations, including the receipt and deposit of sales revenue, managing the corporate bank accounts, and ensuring full accountability and integrity in all cash management operations.  Ensure payroll policies and procedures are adhered to and ensure compliance with federal and provincial legislation regarding taxation and statutory deductions. Manage the company’s investment portfolio in accordance with the Board policies, and provide financial advice and periodic financial reports, including the annual audited statements

What’s in it for you?

  • Work for a reputable and nationally known company Work in a challenging and rewarding work environment Employer paid professional development A comprehensive benefits package Generous paid time off, holidays and sick days Retirement plans with company matching of employee contributions Employee discount programs, social outings and holiday gatherings

You’re a good fit if you have:

  • Strong business acumen with the ability to leverage financial information to understand business issues and opportunities Ability to synthesize and explain complex financial concepts/ situations to non-financial people Ability to work effectively with a broad range of internal and external stakeholders (e.g., CEO, Board members, PSPC, regulators, auditors) Excellent oral and presentation skills Exceptional tact, diplomacy and discretion; demonstrated maturity and skills in dealing with issues and people Proven skills in coaching and developing others Self-starter; able to conceptualize projects and initiatives Problem resolution and counselling skills Strong team building skills, develops mutual respect for each member Ability to identify business trends, threats and opportunities, analyse the implications and recommend or  initiate pro-active and effective solutions Ability to interpret and apply the financial terms of collective agreements

Your must-haves:

  • Relevant certification:  Professional Accounting Designation (CPA – formerly CA, CMA, CGA); MBA preferred Minimum 10 years progressive experience in finance and accounting, with at least 5 years as a finance executive overseeing several financial functions (e.g., accounting, finance, controller) Minimum 5 years experience in supervision and management of senior personnel Excellent knowledge of GAAP accounting principles (for both NPO and for-profit entities), cash management, payroll services and financial/cost analysis techniques Excellent knowledge of federal and provincial taxation and employment standards legislation  pertaining to employee wages and benefits Excellent knowledge of accounting and payroll systems Security Clearance at the Secret Level Verbal and written fluency in English, French is desirable

Application Process
If we’re the right fit for you, we want to hear from you! Send us your resume and cover letter today!

 

 

NOTE:

Only those candidates that meet the specified requirements will be considered for this position. Candidates that do not meet the requirements may be considered for similar opportunities.

Commissionaires values the diversity of our workforce and respects its employees as individuals, regardless of race, nationality, religion, sexual orientation, gender and age.

In accordance with the Ontario Human Rights Code, Accessibility for Ontarians with Disabilities Act and Commissionaires’ Policies on Accommodation, a request for accommodation will be accepted as part of Commissionaires’ hiring process.

We appreciate all who apply, however we will only be contacting candidates of interest.

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