Director of Finance

Director of Finance

SUMMARY

Reporting to the Chief Executive Officer, the incumbent plans, organizes and supervises all the Fundy Regional Service Commission's ("FRSC") financial and accounting activities. The Director of Finance provides financial resource management advice and guidance to the CEO and other departmental leads, the FRSC Committee Structure, and the FRSC Board of Directors.

DUTIES AND RESPONSIBILITIES

• Lead the development of the annual operating and captial budget as well as five-year financial plans.
• Uphold existing legislative and regulatory accounting practices.
• Develop and execute on various public procurement.
• Oversee the Financial Officer and all major financial transactions and reporting for the FRSC.
• Oversee the management and oversight of short- and long-term borrowing, debt management and investment portfolios.
• Support the financial performance evaluation and targeting for the various mandates that fall under the FRSC.
• Investigation and business case analysis to support major cost-saving and new revenue generation opportunities.
• Development and monitoring of new financial policies to guide the FRSC's various transactions and partnerships.
• Direct support towards the Regional Facilities Committee.
• Report monthly statements for managerial control and advising on the corrective measures to take, if necessary.
• Responsible for cash management, budgeting, financial reporting, and financial strategy.
• Ensure cash flow is compatible with operations by overseeing day-to-day accounting, recording, reporting, and internal-control activities of the organization.
• Perform risk management through analysis of company liabilities and investments and evaluate and manage capital structure and fundraising initiatives.
• Monitor business performance with tracking tools, establish corrective measures as needed, and prepare detailed reports for management team, and rest of company.
• Leading and driving controllership efforts throughout finance and operating functions.
• Establish a solid and fluid financial reporting link with the Board regarding the objectives and progress of the services and the Commission.
• Contribute and lead continuous improvement efforts across FRSC departments and partners.
• Lead the coordination of an annual financial audit.
• Ensuring the proper management of the employees' pension and group insurance plans.
• Ensure the proper management of the employees and elected official wages and banked hours, as well as income tax statement processing and distribution.
• Ensuring that the FRSC is covered by insurance against risks that could lead to pecuniary losses or liability issues.
• Maintaining the prescribed accounting in a secure location.
• Other duties as assigned by the CEO.

MINIMUM REQUIREMENTS

Education

• Bachelor's degree in finance, accounting or any other relevant field.

Professional designation

• Recognized professional CPA accounting accreditation.

Experience

• Five (5) years in an executive or professional accountant position (preferably in government financial management).
• Preference will be given to those with some supervisory experience.

Knowledge

• In-depth knowledge of the applicable legislation and regulations.
• Extensive knowledge of the principles, procedures, objectives, methods and practices related to public financial management, budgets, auditing, revenue, wages, public billing and investing public money.
• Proficiency in spoken and written in English. Proficiency in French will be considered an asset to this role.
• Significant knowledge of the Windows environment, Microsoft Office Suite (Word, Excel, PowerPoint and Outlook) and Sage.
• Excellent verbal communication skills to convey information accurately and concisely.

WORK SCHEDULE

Thirty-five (37.5) hours per week.

REMUNERATION

Based on the pay scale in effect for non-unionized employees, which spans from $92,500 to $121,118 depending on experience and qualifications.