Kahkewistahaw Economic Management Corp
Job Description
Reporting to Chief Executive Officer (CEO), the CFO position will be responsible for directing the financial affairs of Kahkewistahaw Economic Management Corporation (KEMC) and its subsidiaries. The CFO is an integral part of the senior management team. The CFO will have oversight and responsibility for best practice implementation and improvements to current financial planning processes, reports, fiscal accountability and limiting risks within KEMC. The CFO will conduct regular analysis, sourcing/managing funds, performance measure updates, ongoing management accounting, decision support and financial reporting to the CEO and the Board of Directors. The CFO’s major mandate is to ensure KEMC has a long-range financial strategy that will support KEMC to achieve its mission and to meet its strategic plans. The CFO will serve as a principal advisor to assist and make recommendations to KEMC and its legal entities’ financial management systems. The CFO is responsible for leading KEMC’s finance team to deliver accurate and timely financial tracking and reporting systems, financial forecasting and analysis, budgetary controls, financial risk management, investment management, grant management, central records, and year-end reporting. Externally, the CFO will establish key long-term relationships with lending and financial institutions, government funders, and other financial partners that enhance KEMC’s financial outcome to carry out the strategic objectives. The CFO will lead with intellectual and emotional agility, possessing sophisticated decision-making and influence to continuously promote First Nations’ philosophy and KEMC’s mission, vision, and values.
We are looking for an individual with strategic agility and business acumen, who is self-motivated, and has a passion for achieving outcomes and results.
Responsibilities:
•Oversees the financial management and reporting of KEMC.
•Recommends appropriate strategies to ensure adherence to governance structures and application of best practice internal controls.
•Presents financial information and analysis to the KEMC senior management, KEMC’s member communities, and the Board of Directors and as directed by CEO or KEMC’s Finance and Audit Committee
•Establishes, monitors, and maintains internal controls to manage risks and support the financial infrastructure.
•Develops methods for continuously improving financial processes to improve efficiencies and cost-effectiveness.
•Negotiates agreement terms with various KEMC funders and lenders.
•Directs and coordinates the financial affairs for KEMC and its related companies according to financial principles and government regulations.
•Establishes and maintains appropriate internal control safeguards.
•Oversees the safeguarding and maintenance of appropriate records following Generally Accepted Accounting Principals (GAAP) and International Financial Reporting Standards (IFRS)
•Assists communities in improving financial services through training and process review.
•Provides strategic leadership and management of the shared service Finance staff.
•Provides oversight of the annual audit and ensures timely financial reporting.
•Evaluates financial reporting systems, accounting procedures, and investment activities and make recommendations for changes to procedures, operating systems, budgets, and other financial control functions to senior managers and other departments.
•Notifies and reports to the Executive Team concerning any trends that are critical to the organization’s financial performance; and
•Develops tools and systems to provide critical financial and operational information to the Executive Team and make actionable recommendations on both strategy and operations.
•Contributes to the effective administration, operation, and positive public image of the KEMC, including participating in senior management meetings, professional development days, and other KEMC events.
Education and Experience
• Possesses a Professional Accounting Designation (CPA, CA, CMA or CGA) or equivalent; minimum of a Bachelor’s degree in accounting, Finance, Business Administration or a related field with the designation.
• Successfully demonstrates progressive work experience with at least 8 years of experience in a senior-level finance or accounting position with a full range of the financial and administrative areas, including financial accounting, budgeting, contract management, and decision making in a finance role.
• Experience working in a related environment, tribal council, first nation governance/or larger non-profit organization or government, with experience working with both provincial and federal funding programs, non-profit budget models, contracts, and regulatory requirements.
• Successful track record and experience leading, directing, and managing a finance team to achieve goals and objectives.
Knowledge Skills and Abilities
• Knowledge of a full range of financial and administrative areas, including management accounting, budgeting, contract and risk management, and financial decision making.
• Knowledge of KEMC entities and business models, provincial and federal funding programs and policies, especially those that relate to the First Nation governance.
• Ability to negotiate terms with funders and lenders to advance KEMC’s position in meeting its strategic plan.
• Adopts and applies innovative methods and technologies to implement strategy and manage change.
• Ability to analyze financial data and prepare financial reports, statements, and projections.
• Ability to motivate teams to produce quality materials within tight timeframes and simultaneously manage several projects.
• Demonstrated ability in interpersonal and communication skills, both verbally and written to facilitate, present, and report financial updates to non-financial audiences.
• Acts proactively and thinks strategically, in anticipating organizational needs, recognizing the wider business environment and dynamics.
• Always applies professional and ethical judgement.
Other
• Knowledge of the political, social, and economic objectives of the Kahkewistahaw First Nation.
• Must possess a valid Saskatchewan driver’s license and a reliable vehicle.
• Must provide a current, original, Canadian Criminal Record Check (CPIC) as a condition of employment; and
• Must be willing to work flexible hours, evenings, and weekends, and to perform other related duties as required.
Compensation:
• Competitive salary and benefits commensurate with experience.
Type of Employment
• This is a full-time salaried position based in Regina, SK. Travel will be necessary to support other locations from time to time. Remote work will be considered during the transition period.
Please send resume and cover letter electronically to: jdelorme@kemcdevelopments.com.
