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Vice President, Corporate Finance & Reporting
Job Description & How to Apply Below
Acting as a bridge between government objectives and the private sector, CDEV is positioned as the Government’s centre of excellence for financial advisory, and brings a commercial discipline to the evaluation, management, and divestiture of assets as well as other initiatives it executes in partnership with the Government of Canada.
CDEV provides a unique and valuable perspective with deep financial expertise to the country’s most complex and diverse commercial transactions. Headquartered in Toronto with an office in Ottawa and subsidiary offices across the country, it is governed by an independent board of directors. CDEV has five key pillars of expertise:
2.Managed Assets
3.Capital & Funding Solutions
4.Special Situations & Strategic Reviews
CDEV is responsible for the oversight of over $75 billion of assets and programs through its eight subsidiaries, forming the CDEV Group of Companies. Its high-profile roles in recent years include the purchase and ongoing management of the Trans Mountain pipeline, the establishment of the $15-billion Canada Growth Fund, and the establishment and operation of the Large Employer Emergency Financing Facility (LEEFF) program, which provided over $7 billion in structured bridge financing to large Canadian companies who were impacted by the COVID-19 pandemic.
The CDEV Group of Companies continues to grow with CDEV having been mandated to lead the delivery of the $10-billion federal Indigenous Loan Guarantee Program and the $10billion Large Enterprise Tariff Loan (LETL) facility as well as structure a significant financing agreement with Telesat to support Canada’s largest ever space program.
Position Overview The Vice President, Corporate Finance & Reporting is a senior finance executive responsible for the leadership and oversight of all corporate and subsidiary financial reporting, accounting operations, and control functions across the Canada Development Investment Corporation (CDEV) and its subsidiaries.
As a key member of the Finance leadership team, the VP ensures that financial information across the CDEV group is accurate, timely, and compliant with applicable standards (IFRS, FAA, and Treasury Board requirements). The role provides strategic direction and operational leadership to the corporate accounting, consolidation, and financial reporting teams, while fostering strong governance and consistency across subsidiaries including CEEFC, CILGC, CHHC, CEI, and others.
The Vice President, Corporate Finance & Reporting will serve as a senior advisor to the CFO, the Executive Team, and the Audit Committee, and will play a central role in ensuring that financial reporting supports strategic decision-making and public accountability.
The selected candidate will be based in Toronto, with a current policy of a hybrid work option of Mondays and Fridays designated as optional Work-From-Home days.
Responsibilities Financial Reporting and Controls
· Lead the end-to-end financial reporting cycle for CDEV and its subsidiaries, ensuring accuracy, transparency, and compliance with IFRS, the Public Service Accounting Standards (PSAS), and the Financial Administration Act (FAA) as required.
· Oversee the preparation of consolidated quarterly and annual financial statements, management discussion and analysis (MD&A), variance analysis, and public disclosures.
· Develop and maintain a robust internal control framework, ensuring appropriate segregation of duties and adherence to corporate policies.
· Lead the preparation and review of materials for the Audit Committee, Board of Directors, and Department of Finance.
Coordinate and manage external audits and special examinations conducted by the…
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