New Job Posting Available! - Director of Finance

Reporting directly to the Chief Financial Officer, the Director of Finance is responsible for providing a range of accounting and financial analysis support to the Tłı̨chǫ Investment Corporation (TIC) and its subsidiaries.  The Director of Finance role oversees the accounts payable, accounts receivable, and banking functions, recommends and implements methods for increasing efficiency and profitability, and performs business analysis on non-consolidated and consolidated entities. Incorporating all these responsibilities, the Director of Finance must apply findings to make improvement suggestions and recommendations.

Responsibilities

Financial Management and Accounting Systems:

• Prepare monthly financial statements by applying and monitoring month-end procedures.
• Prepare monthly and quarterly financial reports with variance analyses for management and external stakeholders.
• Conduct financial analysis and prepare detailed financial reports and statements.
• Prepare, update, monitor, and report cash flow requirements to TIC senior management.
• Prepare consolidated financial reporting for TIC senior management.
• Prepare monthly and quarterly debt compliance and covenant calculation reports.
• Implement and maintain appropriate financial accounting software platforms.
• Ensure that processes, hardware, and software are in place to automate functions.
• Manage the maintenance and upgrade of financial and payroll information systems.
• Update systems to increase effectiveness and efficiency.
• Assist management and external auditors with annual and interim audit procedures.
• Establish and manage accounting and financial systems and maintain full and accurate accounting records.
• Provide financial and accounting advice, direction and leadership.
• Ensure compliance with financial legislation, policies, and procedures.
• Ensure timely reconciliation of account balances.

Financial and Business Analysis:

• Supervise and mentor assigned Finance personnel and oversee accounts payable, accounts receivable, payroll, and banking functions.
• Evaluate previous budgets, expenditures, and operational efficiency together with results of overall financial analysis to develop and implement future budgets.
• Meet regularly with TIC management to review financial reports and present findings.
• Conduct complex financial analysis to determine present and future performance.
• Perform and present financial forecasting and modeling.
• Monitor operational expenditures and profits regularly, ensuring cost-effectiveness and making recommendations to management to maximize profits.
• Document all data and findings thoroughly.
• Liaise with TIC and financial banking institutions, auditors, insurance providers, and other external stakeholders.

Operational and Business Support:

• Provide analytical support by reviewing department processes and provide recommendations; recommendations may include cost reduction measures, revenue generation ideas, and ways to streamlining operations.
• Prepare budget templates and forecasting tools for management.
• Perform contract profitability analysis (ie, win/loss analysis).
• Perform feasibility analysis for new ventures, projects, and contracts.
• Liaise with TIC management and the Finance department.

Payroll Supervision/Management Responsibilities:

• Supervise and train Payroll Officer(s).
• Establish and apply performance measures for direct reports.
• Oversee full payroll cycle for all TIC companies.
• Process and manage Tlicho Management Services full payroll cycle.
• Submit all payroll liabilities (CRA, Payroll Tax, garnishments, benefits) for all companies.
• Complete business payroll surveys (9 per month).
• Final review of TCL payroll; completing uploads and payments.
• Reconcile all payroll-related accounts.
• Complete WSCC hours reports.
• Create ROEs.
• Create and process T4’s.
• Handle other payroll-related correspondence/communication/inquiries.
• Provide suggestions/input on payroll processes.

General Support Functions:

• General administrative tasks.
• Financial data entry as required.
• Handle and complete special projects as they arise.

Knowledge, Skills, and Abilities

• Manages a diverse Finance team including staffing planning, decision-making, facilitating and process improvement; Takes responsibility for subordinates' activities; makes self available to staff; Provides regular performance feedback; develops subordinates' skills and encourages growth; solicits and applies customer feedback (internal and external); fosters quality focus in others; improves processes; continually works to improve people management skills.
• Effectively delegates work assignments; matches the responsibility to the person/team; Gives authority to work independently; Sets expectations and monitors delegated activities; Provides recognition for results.
• Manages difficult or emotional customer situations; Responds promptly to customer needs; solicits customer feedback to improve service; Responds to requests for service and

assistance; meets commitments.

• Synthesizes complex or diverse information; collects and researches data; uses intuition and experience to complement data; designs workflows and procedures.
• Displays willingness to make decisions; exhibits sound and accurate judgment; supports and explains reasoning for decisions; Includes appropriate people in decision-making process; makes timely decisions.
• Prioritizes and plans work activities; uses time efficiently; plans for additional resources; Sets goals and objectives; organizes or schedules other people and their tasks; develops realistic action plans.
• Assesses own strengths and weaknesses; pursues training and professional development opportunities; Strives to continuously build knowledge and skills; Shares expertise with others.
• Above-average analytical abilities and be able to accurately summarize data into a useable product for decision-makers and presentation.
• Highly developed written and verbal communications skills to effectively communicate with departments and senior management.
• Develops strategies to achieve organizational goals; understands organization's strengths & weaknesses; analyzes market and competition; identifies external threats and opportunities; adapts strategy to changing conditions.
• Excellent decision-making skills.
• Knowledge of Generally Accepted Accounting Principles (GAAP) and Accounting Standards for Private Enterprises (ASPE).
• Knowledge of and experience with external auditors and auditing procedures.
• Experience working with financial systems; QuickBooks expertise is an asset.
• Above average skills in Microsoft Word, Excel, and PowerPoint.
• Working as part of a team including involvement in corporate planning and decision making.
• Ability to work both in a team and independently.
• Ability to maintain a high level of accuracy and attention to detail.
• Ability to continuously meet deadlines while managing multiple priorities.
• Ability to establish and maintain effective relationships with internal and external customers.
• Experience working in a multicultural and diverse environment demonstrating cultural awareness and sensitivity.
• Required to travel occasionally to all Tłı̨chǫ communities.
• The ability to speak Tłı̨chǫ language is an asset.

Education and Experience requirements:

• Bachelor's degree in the Accounting field along with a CPA accounting designation and commitment to continuous professional development in the finance/accounting field.
• Minimum of 5 years experience in a senior management role in the finance/accounting field.

This role is located in Yellowknife, Northwest Territories. We offer a competitive compensation/benefits program and relocation assistance (where required).  If you think that this is a great fit for you, please apply directly via our online application no later than 5 p.m. (MST), on Wednesday, March 10, 2021. 

Apply Here