Westbank First Nation
Director of Finance
THE FOLLOWING POSITION IS AVAILABLE WITHIN WESTBANK FIRST NATION. IN ACCORDANCE WITH SECTION 20.1 OF THE WFN CONSTITUTION AND SECTION 3.1 OF THE WFN PERSONNEL POLICY, PREFERENCE WILL BE GIVEN TO QUALIFIED WFN MEMBERS WHO APPLY FOR THIS POSITION.
TITLE: Director of Finance
MINIMUM SALARY: Commensurate with experience
DEPARTMENT: Financial Services
Working as leader of the Financial Services team, the Director of Finance is responsible for the entire range of WFN financial and fiscal management and reporting. The Director provides leadership, oversight, and professional judgment in the financial reporting, accounting and budgeting of the WFN government. As a member of the executive team the Director of Finance assists and supports the Director of Operations and other managers in providing the best possible information and advice to support the decisions of Chief and Council. As an officer under the WFN Constitution, the Director of Finance is responsible for ensuring compliance with all WFN laws and Generally Accepted Accounting Principles as they relate to Westbank First Nation.
DUTIES AND RESPONSIBILITIES
- Supervises and works with Financial Services senior staff to oversee the operation of the financial services department of Westbank First Nation ensuring internal controls and correct processes are in place and complied with in regard to all financial transactions.
- Works with the Controller to ensure the annual budget is prepared appropriately, correctly and on a timely basis. Ensures that financial reports are issued or presented to financial statement users such as managers, Chief and Council, community members, funding and lending agencies and any other appropriate parties on a timely, accurate, and useable basis.
- Works with the Surveyor of Taxes to oversee the property tax function of local government services and in particular the development and application of budget based property taxation rates. Works with staff members to presents these budgets and related financial reports to the “Advisory Council” representing non-member taxpayers on reserve land, to ensure understanding and acceptance of the budget and taxation rates by the Advisory Council.
- Coordinates the annual audits of all WFN government and business operations with the WFN auditor. Oversees the audit process to ensure compliance with all reporting and financial requirements and constitutional deadlines. Transmits completed audit documents to those parties required to have a copy i.e. banks, insurance companies, funding agencies and assists auditor in presenting annual audit to Chief and Council, Community members, and the local government services audit to the Advisory Council.
- Oversees the creation and deployment of the 5 year capital plan, and the related 5 year financial plan showing reserves, debt, revenues, and expenditures for 5 years that is required as a precedent to the annual budget. Ensures major expenditures are approved and funded according to all WFN laws, by-laws and appropriate accounting standards.
- Manages WFN investments, loans, and insurance coverage so as to minimize risk and cost and maximize return on investment, while remaining in compliance with related policies and laws.
- Endeavors to continually improve the WFN financial reporting and financial controls systems. In conjunction with this, encourages the financial services staff to continuously improve systems, and staff capacity. Works with staff to innovate, empower, and create better and more efficient solutions to financial processes and challenges.
- Endeavors to improve WFN through analyses of processes and service delivery methods that result in recommendations for improvement or cost savings to the Director of Operations.
- Other related duties as may be assigned, or required.
- Performs all duties and responsibilities in accordance with the Westbank First Nation policies, standards, and procedures, and ethical standards.
- Canadian Accounting Designation required: CPA, CMA, or CGA
- Specialization in Public Sector preferred
- University degree in a related discipline preferred
- Post qualification studies in related fields preferred
- Compliance with continuing CPA PD standard EXPERIENCE
- 10+ years’ work experience in financial management, ideally in the not for profit or public sector • 5+ years’ experience at a senior financial manager level (Controller, Director, VP)
- Proven ability to oversee financial staff and processes
- Knowledge of and experience with First Nations or similar organizations
- Demonstrated ability to develop workable policies and procedures that strengthen the organization
- Demonstrated ability to work with and contribute to senior management and Board / Council processes
- Knowledge of relevant issues such as AANDC funding, transfer agreements, grant funding, and program delivery and reporting
- Track record of contributing to and improving organizations through strong financial management
- Knowledge of local government processes including budget based property taxation, utilities administration, by law enforcement, business licences
- Proven written and verbal communications skills
- Strategic thinker
- Leadership skills appropriate to the position
Competitive salary commensurate with experience, and benefits package is offered.
Interested applicants should begin the application process by fully completing the MY PRESCENCE tab, including the MY REFERENCES. Upon completion, click APPLY NOW, fill in the application form, and ensure your cover letter and resume is attached.
Opportunity is open until filled.
*Incomplete and/or late submissions will not be accepted*