Director of Finance

Director of Finance

Halifax, NS

Reference # HL-IESO-8669

IESO Nova Scotia is a new, independent not-for-profit organization created by the Nova Scotia Government to change the way Nova Scotia's electricity system is managed. IESO Nova Scotia is delivering change by assuming responsibility for managing the province's power system in real-time, supporting Nova Scotia's clean energy goals under the province's Clean Power Plan and planning for the province's future energy needs. We are excited to partner with them looking to bring an experienced and motivated Director of Finance to their senior leadership team here in Halifax!

IESO Nova Scotia is guided by operating principles and values that include credibility, transparency, collaboration, independence, innovation, respect, public service, safety and security and reliability for electricity customers.

The Director of Finance plays a critical leadership role as part of the organization's leadership team and in overseeing the financial, planning, and operations of IESO Nova Scotia. This position will require a hands on approach and will be accountability for ensuring financial integrity, cash management, financial controls and compliance, budgeting process and building a culture of cost discipline, regular management, board and regulatory reporting, year-end and audit processes, and supporting the regulatory filing and recovery process in order to contribute to strategic alignment with the organization's mission to maintain a reliable, sustainable, and efficient energy system.

The Director of Finance will be responsible for:

• As an enterprise leader working with the CEO and senior team to set the priorities for the organization, lead by example and shape the culture of the organization.
• Collaborative work with the CEO and senior team to develop long-term financial strategies aligned with IESO's operational and regulatory goals.
• Develop, implement and monitor financial policies, processes, and controls to execute on the financial strategy
• Advise executive leadership on financial planning, reporting, budget and cash management, and risk management, and decisions.
• Secure and optimize necessary financing to manage cash needs.
• Support and contribute to the development of financial modeling and scenario analysis to support system planning, market development and other projects as necessary.
• Oversee the development of annual budgets and multi-year forecasts.
• Monitor financial performance and provide variance analysis and recommendations.
• Ensure alignment of financial resources with strategic initiatives and regulatory (rate filings and financial compliance).
• Ensure compliance with financial regulations, and reporting requirements.
• Liaise with financial regulatory bodies, auditors, and relevant stakeholders to maintain transparency and accountability.
• Manage and optimize any foreign currency exposure.
• Ensure timely and accurate preparation of financial statements and reports.
• Implement and maintain robust internal controls and financial systems.
• Lead and mentor a finance team responsible for accounting, treasury, and financial reporting, fostering a culture of excellence and continuous improvement.
• Promote an organizational culture of cross-functional collaboration, inclusion, and accountability.
• Lead and actively participate in fostering a high-performing, inclusive enterprise organizational culture grounded in collaboration, accountability, safety, and excellence.
• Recruit, build, and develop a dynamic and diverse team, and coach and support them to reach their individual potential and drive organizational success.

The ideal candidate will have:

• CPA designation (or recognized equivalent) is required.
• Bachelor's degree in accounting, finance, or related field.
• Minimum eight years of progressive financial leadership experience.
• Experience in energy, utilities, or regulated industries would be an asset
• Proven ability to lead strategic initiatives and manage all aspects of financial operations.
• Strong communication, business acumen, analytical, detail orientation, and skill within a fast-paced, agile team environment.
• Commitment to public service, sustainability, and innovation.

To express interest in this opportunity please apply online by clicking the link below:

https://meridiarecruitment.ca/Career/17580271262830000008jty

For more information about this exciting opportunity please contact Heather Labucki, Partner, or Sara Morey, Consultant, at [email protected] If you require accommodation to participate in the recruitment process, please let Sara Morey know.

Meridia Recruitment Solutions connects leading organizations with top talent by building strong relationships and creating ideal matches with candidates because we are only successful when you are. We appreciate your interest in this opportunity.

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