Chief Financial Officer

Tbaytel; Northwestern Ontario; On-site; CAD 150,000 - 220,000; Full time

Job summary

Tbaytel, a leading municipally-owned telecommunications provider, is seeking a Chief Financial Officer (CFO) to oversee all financial management and regulatory compliance. The CFO will act as a strategic partner to the CEO while enhancing financial performance and managing risks in a dynamic industry. This executive role requires exceptional financial acumen, leadership capabilities, and experience in regulatory frameworks.

Benefits

Competitive compensation

Secure pension

Full health benefits

Disability insurance

Life insurance

Work-life balance

Qualifications

• Minimum 12+ years of financial leadership experience.
• Experience in a senior executive financial role required.
• Proficiency in regulatory strategy with CRTC knowledge.

Responsibilities

• Drive financial performance and lead regulatory strategies.
• Direct financial planning, analysis, and budgeting practices.
• Manage relationships with regulatory bodies and stakeholders.

Skills

Financial Modeling

Analytical Skills

Problem-Solving

Leadership

Negotiation Skills

Education

Bachelor's degree in Finance, Accounting, or Business Administration

Chartered Professional Accountant (CPA)

Tools

SAP

Job description

Company Overview:

Tbaytel is a leading, municipally-owned telecommunications provider based in Thunder Bay, Ontario, Canada, with a rich history spanning over a century. Tbaytel operates under a Municipal Service Board, comprised of eight voting members appointed by Thunder Bay City Council, with oversight for the strategic direction and financial management of the company.

We are dedicated to connecting communities across Northern Ontario with advanced communication services, including 5G wireless, and an extensive local and regional fibre network for voice, internet, phone, security, and TV services. Our unwavering focus is on delivering an exceptional customer experience, ensuring reliability and ease of interaction, and fostering strong, lasting relationships. We deeply value our local connections and leverage our unique understanding of the communities we serve. As a significant contributor to Thunder Bay's economic growth, Tbaytel supports critical infrastructureand essential services investments by the city through the dividends we deliver.The Tbaytel team is truly making a difference in the lives of Northern Ontarians.

Position Summary:

Reporting directly to the President & CEO of Tbaytel, the Chief Financial Officer (CFO) is a pivotal executive leadership role responsible for the overall financial management practices, procurement practices and regulatory strategy and compliance of Tbaytel. The CFO will drive financial performance, ensure robust financial management practices, and lead the company's regulatory strategy in a dynamic industry. This role requires an exceptional blend of strategic vision, financial acumen, and strong leadership capabilities to navigate complex challenges and capitalize on growth opportunities.

Key Accountabilities:

1. Executive Leadership & Strategic Thinking:

·Strategic Partner:Act as a key strategic partner to the CEO, ExecutiveLeadership Team (EMT) and Board of Directors, contributing to the development and execution of the company's overall business strategy, long-term vision, and growth initiatives.

·Risk Management:Oversee the identification, assessment, and mitigation of financial and operational risks, ensuring the establishment of robust internal controls and risk management frameworks.

·Stakeholder Relations:Develop and maintain strong relationships with the City of Thunder Bay, analysts, and financial institutions, effectively communicating the company's financial performance, strategy, and value proposition.

·Culture & Talent:Foster a high-performance culture within the finance, procurement and regulatory team of fourteen employees, attracting, developing, and retaining top talent. Champion a culture of continuous improvement, accountability, and ethical conduct.

2. Management of Company Finances & Budgeting Practices:

·Financial Planning & Analysis (FP&A):Direct all financial planning and analysis activities, including budgeting, forecasting, variance analysis, and long-range financial modeling to support strategic initiatives and operational decision-making.

·Financial Reporting & Compliance:Ensure the integrity, accuracy, and timeliness of all financial reporting in accordance withPublic Sector Accounting Board (PSAB)Reporting Standards and other relevant accounting standards (i.e. IFRS). Oversee internal and external audits.

·Treasury & Cash Management:Manage the company's treasury function, including cash flow management, liquidity, investments, and debt financing, optimizing capital structure and minimizing financial risk.

·Capital Allocation:Lead the capital allocation process, evaluating and prioritizing investment opportunities to maximize shareholder value and support strategic growth.

·Cost Management:Implement and oversee robust cost control initiatives, identifying opportunities for operational efficiencies and optimizing resource utilization across the organization.

3. Leadership of Regulatory Strategy:

·Regulatory Compliance:Oversee and ensure the company's full compliance with all relevant telecommunications regulations, including those set by the CRTC (Canadian Radio-television and Telecommunications Commission) and other governmental bodies.

·Policy Advocacy:Lead the development and advocacy of the company's positions on key regulatory and policy issues affecting the telecommunications industry, engaging with government officials, industry associations, and other stakeholders.

·Regulatory Filings:Direct the preparation and submission of all required regulatory filings, ensuring accuracy, completeness, and timely submission.

·Relationship Management:Build and maintain strong, collaborative relationships with regulatory bodies, legal counsel, and industry peers to effectively navigate the complex regulatory environment.

Qualifications:

·Education:Bachelor's degree in Finance, Accounting, Business Administration, or a related field. A chartered professional accountant designation (CPA) is required.

· Experience:Minimum of 12+ years of progressive financial leadership experience, with at least 5 years in a senior executive financial role (e.g., VP Finance, CFO).

·Financial Acumen:Exceptional financial modeling, analytical, and problem-solving skills. Proven ability to translate complex financial data into actionable insights and strategic recommendations.

·Regulatory Savvy:Demonstrated experience in leading regulatory strategy and navigating the complexities of the CRTC or other Canadian regulatory bodies.

·Procurement:Demonstrated experience in leading organizational procurement practices ensuring cost-effectiveness, risk mitigation, and alignment with organizational objectives.

·Leadership & Influence:Strong executive presence with proven ability to inspire, lead, motivate, and develop high-performing teams. Excellent interpersonal, communication (written and verbal), and negotiation skills.

·Strategic Mindset:Ability to think strategically, anticipate future trends, and develop long-term financial and regulatory plans that align with business objectives.

·Systems Proficiency:Experience with enterprise-level ERP systems, financial planning software, and business intelligence tools.Experience and proficiency in SAP are an asset.

·Condition of employment: Successful completion of satisfactory criminal record check

What We Offer:

Tbaytel offers a comprehensive total rewards package aimed to attract and retain top talent, including competitive compensation benchmarked against industry standards, a secure pension, full health benefits, disability insurance, life insurance, and work-life balance.

Tbaytel guarantees equal opportunity and treatment for all employees and is dedicated to maintaining a discrimination and harassment-free workplace. This commitment applies to every phase of employment, including recruitment. Accommodation requests, which will be kept confidential, are accepted at any time during the hiring process.