EVP & Chief Financial Officer - Regina, Canada - SGI

Description

Do you value integrity and innovation? How about passion and caring? Great Us too, and that's why you'll fit right in. Our intentional culture promotes trust and participation, encouraging you to bring your heart and mind to work every day.

Location: Regina, Head Office

Work hours: Full-time (Monday – Friday, 40 hours per week)

Work Location: In Office

Division: Finance

Out-of-Scope

Closes May 14, 2024

General Accountability

The successful employee will provide strategic financial leadership, guidance, services and support to meet the Corporation's objectives. You will lead all aspects of financial reporting and analysis, including internal and external financial reporting, budgeting, accounting, investment portfolio management and actuarial reserving. Provide strategic direction and leadership for the delivery of corporate services functions to ensure prudent management of corporate purchasing and efficient strategic facilities management approaches that meet the organization's needs.

As an active Executive Leadership Team (ELT) member, you contribute to the organization by collaboratively establishing the corporate vision and business strategy, setting corporate goals and making associated decisions while developing and maintaining senior stakeholder relations. You are also the primary liaison for the following Board committees: Audit, Finance and Conduct Review, and Investment.

Key Accountabilities

Note: This section is not intended to be an exhaustive list of duties and responsibilities – other duties and responsibilities may be assigned.

Strategic Executive Leadership

• Collaboratively, as part of the ELT, develops short- and long-term strategic direction of the corporation.
• Establishes short- and long-term goals to achieve strategies and integrate into the division and the organization and ensures programs and policies align with corporate, strategic and divisional strategies, Board of Directors, CIC and/or government policy.
• Demonstrates a deep understanding of Crown governance structure, principles and regulatory requirements and stays informed of shareholder goals and expectations to ensure consideration and alignment in the development and implementation of SGI strategy, programs and policies.
• Manages the commitments and resourcing requirements to deliver on the organization's goals and strategies.
• Responsible for organizational succession readiness and actively manages and ensures progressive movement in employees' growth and development and forward thinking.
• Partners with executive and senior leadership in the development of customer strategies and champions a customer-centric philosophy and effort throughout the organization.
• Leads, directs and monitors change management strategies/plans to support and align to divisional and corporate strategies and to gain acceptance of divisional strategies by other business areas and partners.
• Manages risk in area of authority and collaborates with ELT on enterprise risk management.
• Approves and oversees corporate and divisional budgets.
• In collaboration with the CEO, submits, represents and tables financial and other strategic reports and requests to government and Cabinet.
• Demonstrates commitment by embedding the value of safety in every level of the corporation and encourage the recognition that safety is everyone's responsibility.
• Prepares, reviews and approves decision and information items for ELT, Board of Directors, Minister's Office and Cabinet.
• Establishes and maintains an effective system of internal controls to support reliable financial reporting and compliance in accordance with applicable laws and regulations within the span of control, and communicates the importance of internal controls to staff.

Financial Program Strategic Leadership

• Leads the development, implementation, communication and evaluation of financial functions (reporting, planning, budgeting, analysis, accounting and investment portfolio management), actuarial services (SGI CANADA reserving and Auto Fund reserving and pricing) policies and programs that support long- and short-term business objectives and ensures integration with the Corporation's strategic planning process.
• Provides executive leadership in the development and implementation of corporate wide policies and standards in the areas of accounting and financial operations, financial planning and analysis, budgeting and revenue, ensuring adequate internal controls are in place and supports alignment to the customer experience strategy where applicable.
• Provides detailed analysis on, and leads discussions related to, the financial operations of the Corporation with executive, senior leadership and the Board of Directors.
• Leads the Auto Fund Rate program process, including obtaining approval from the SGI and CIC Board of Directors, Cabinet and the Saskatchewan Rate Review Panel.
• Provides strategic leadership to the Auto Fund reserving and pricing and SGI CANADA reserving programs.
• Leads the development and implementation of investment policies for the various corporate investment portfolios.
• Prepares and presents items to the Audit, Finance and Conduct Review Committee, Investment Committee, and the Board of Directors to fulfill their regulatory and legislative requirements and terms of reference.
• Develops, recommends and implements capital management policies for the Corporation to ensure adequate capital to support the risk profile of the various companies.
• Ensures programs and policies comply with applicable legislation, regulations and common law and remain current on the legal and regulatory environments as they relate to finance.
• Leads innovation and transformation within Finance while considering new approaches ahead of emerging opportunities and ensures the organization remains responsive to change while improving service to partners, customers and employees.
• Stays current with industry trends, best-practices, economic and technology environments in order to support the delivery of innovative programs and solutions.
• Develops strategic industry and non-industry partnerships and relationships that support the objectives of the Corporation.
• Prepares and presents reports to ELT on finance matters as required.

Corporate Services Strategic Leadership

• Provides strategic oversight of the development, implementation, communication and evaluation of corporate services strategies, policies and programs that support long- and short-term business objectives and ensures integration with the Corporation's strategic planning process.
• Provides strategic direction to ensure efficient and effective delivery of corporate purchasing, warehouse, mail, filing and print services.
• Provides strategic leadership for the delivery of facilities management services, including building operations, real estate, building renewal and construction projects.
• Ensures corporate services policies and programs comply with applicable legislation, regulations and common law.
• Prepares and presents reports to ELT on corporate services matters as required.

People Leadership

• Builds a high-performing workforce by actively leading human resource activities.
• Ensures development of corporate and divisional succession plans.
• Builds a culture of leadership and accountability to effectively deliver on strategic and corporate strategies, ensuring integration with employee performance development and career development plans.
• Drives performance through team members and is committed to leadership development across the company, supporting employees and workforce readiness through mentoring, training and developmental opportunities and building the team's technical expertise.

Education and Experience

• A Master's or bachelor's degree from an accredited post-secondary education institution in a relevant field of study such as Business.
• A Chartered Professional Accountant (CPA) designation.
• A Chartered Financial Analyst (CFA) designation would be an asset.
• Twenty years of relevant experience in accounting or finance, including at least 13 years of progressively challenging leadership experience.

Knowledge, Skills and Abilities

• Knowledge of financial measurement and analysis techniques.
• Knowledge of financial markets and portfolio management.
• Knowledge of strategy development.
• Knowledge of the insurance industry.
• Knowledge of rate setting processes and techniques.
• Knowledge of applicable legislation and regulations.
• Knowledge of how accounting/financial information contributes to management understanding and decisions.
• Knowledge of the principles and practices of building operations and purchasing practices.
• Knowledge of organizational units and how they interact to achieve corporate objectives.
• Knowledge of project management methodologies and techniques required to plan, manage and execute projects.
• Ability to think strategically, identify problems/threats, analyze risks and assess outcomes related to potential solutions.
• Ability to build effective internal working relationships and ability to establish strategic external partnerships.
• Ability to prepare and deliver effective presentations.
• Leadership skill to lead and execute corporate change through influence, persuasion and consensus building.
• Leadership skill to foster an environment which motivates and encourages employees to develop and perform to achieve organizational objectives.
• Communication skills to provide technical advice or guidance to internal/external customers where expertise is required to negotiate with, influence and/or convince.
• Skill to analyze data and identify trends, patterns and irregularities.
• Skill in writing high-quality reports that are clear, concise and targeted to the audience.
• Skill in managing and monitoring multiple projects within constrained timelines.
• Skill to define and manage project and operating budgets.

Behavioural Competencies

Leader Level 5 -Applies (Division/Organization)

• Accountability - Defines and Enhances Organizational
• Business Acumen - Strategically Directs the Organization, Broadly Weighing Internal and External Perspectives
• Change Agility - Creates and Expresses the Vision for Change
• Leadership - Leads the Division/Organization

Posting Close Date:

As you prepare to submit your application, and cover letter if applicable, please highlight the achievements that demonstrate why you're a great candidate for this role.