Financial Services – Chief Financial Officer

Headquartered outside of the GTA, our client serves 50,000 customers with online, mobile, and telephone banking and a full range of financial products through a couple dozen branches. Additionally, they provide access to thousands of Exchange® Network surcharge‑free ATMs in Canada. With over half a century of banking history and a focus on values‑based personal service, our client delivers needs‑based advice and financial solutions tailored to each customer.

With assets well in excess of $1 billion and over 350 employees they are one of Ontario’s most highly respected FS providers. Their success is the result of dedication to customer and employee engagement. They are repeatedly recognized as one of the Best Small & Medium Employers in Canada.

Reporting to the CEO, this Chief Financial Officer will lead and oversee all finance (including financial planning, accounting and taxation), treasury, risk management, compliance and internal audit functions in pursuit of the “mission” for the company, supporting their operational, growth and expansion objectives; as well as contributing to optimal efficiencies, control and profitability in all areas of the business.

The scope of responsibilities for this senior executive leader covers all aspects of;
Accounting, including controllership, financial analysis, reporting and budgeting;
Risk Management;
Compliance, including anti‑money laundering (AML/Fintrac), privacy (PIPEDA), corporate records management;
Treasury; and Internal Audit; and Facilities; and any Merger & Acquisition activities. Furthermore, this CFO will lead the development of all capital and operating budgets and all strategic financial plans.

This senior executive role will appeal to individuals who are passionate about being part of an organization focused on customer and employee engagement and delivering the highest levels possible in strategic financial leadership, organizational and capital efficiencies, while managing risks to business objectives, cost efficiencies and profitability throughout the business.

• Contribute to the success of the company by respecting, upholding and demonstrating by example the company’s ‘Values’ through words and actions – setting an example for all employees.
• Development of, in cooperation with the CEO, the department’s strategy, objectives and supporting business plans.
  • Develop short and long term strategies to maximize customer value;
  • Develop annual and long term business objectives against which to measure the company’s performance, including annual budget.
• Responsible for executing financial performance, against annual and long term performance targets and compliance with statutory requirements, the company’s by-laws and Board approved policies.
• Ensuring the efficient and effective enterprise‑wide management of all risks to which the company is exposed in accordance with Board approved risk management policies. Ensuring an effective system of internal controls and procedures.
• Purchase and employ derivatives, as required, to hedge structural risk in the balance sheet.
• Leadership of the Finance Team, and through personal behaviour modelling to all employees, demonstrating capable, highly functional leadership, with the trust and respect of employees, earned by superior decision making and communication skills and demonstrated commitment to the company’s success.
• Ensure high levels of employee engagement by delivering consistent and strong people leadership through effective communications with employees ensuring they understand the company’s strategies and goals and to align employee activities with strategic priorities.
• Manage compliance to all relevant legislation, Standards of Sound Business and Financial Practices or by regulators, by‑laws policies and procedures, and to ensure provision of timely and accurate financial statements and reports for management, Board, and external reporting.
• Ensure an objective and efficient Internal Audit function, with independent reporting to the Audit Committee, to manage risk and improve efficiency.
• As a key member of the senior executive team, to work to develop and to manage the execution…