Chief Financial Officer (CFO)

Tbaytel; Northwestern Ontario; On-site; CAD 150,000 - 180,000; Full time

Job summary

Tbaytel is seeking a Chief Financial Officer (CFO) to oversee financial management and regulatory strategy in Thunder Bay. This pivotal role involves strategic leadership, financial planning, and developing stakeholder relations. The ideal candidate will possess a strong financial acumen, leadership skills, and a CPA designation, contributing to Tbaytel's growth in the telecommunications sector.

Benefits

Comprehensive benefits

Performance and recognition programs

Educational training

Work-life balance

Career growth opportunities

Qualifications

• Minimum of 5 years in a senior executive financial role.
• Experience with enterprise-level ERP systems.
• Exceptional financial modeling and analytical skills.

Responsibilities

• Drive financial performance and regulatory strategy.
• Oversee internal and external audits.
• Lead budgeting, forecasting, and capital allocation.

Skills

Financial Acumen

Leadership & Influence

Strategic Mindset

Education

Bachelor's degree in Finance, Accounting, Business Administration

Chartered Professional Accountant designation (CPA)

Tools

SAP

Job description

Job Number : J5-9 Job Title : Chief Financial Officer (CFO) Job Type : Full-time City, Province, Country : Thunder Bay, Ontario, Canada Job Category : Finance Number of Positions : 1 Closing Date : July , 5

Tbaytel is a leading regional provider of telecommunications products and services. We are a dynamic, growth-oriented company committed to investing in the people and organizations that help build strong and healthy communities throughout the entire region we serve. Tbaytel offers comprehensive benefits, performance and recognition programs, educational training, work-life balance and career growth opportunities.

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.

Major Responsibilities

1. Executive Leadership & Strategic Thinking :

• Strategic Partner : Act as a key strategic partner to the CEO, Executive Leadership 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 with Public 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.

Minimum 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 + 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.

Conditions of Employment

• Must successfully undergo a satisfactory criminal records check.
• Must be aware of, and be competent, and comply with the duties of a supervisor as legislated under the latest version of the Federal Occupational Health and Safety Act and Regulations and Part II of the Canada Labour Code.
• Use of a vehicle may be required.

Tbaytel strives to provide a safe environment for its customers, employees and assets. To support this goal, Tbaytel requires that all individuals acting in their capacity as employees, students, and contractors for Tbaytel undergo a Criminal Records Check (CRC).

Tbaytel will review the CRC to determine if the offence(s) are relative to the bona fide job requirements.

Criminal Records Checks will be conducted in a discreet and confidential manner, in the interest of Tbaytel and for public safety of the community served by Tbaytel.

What is a Criminal Records Check?

A Criminal Records Check is a CRC which searches the National repository for criminal records in Canada via the Canadian Police Information Centre (CPIC). It also identifies pending criminal code charges and outstanding warrants.

For more information on obtaining a record suspension please visit the Parole Board of Canada

Tbaytel is an equal opportunity employer, who encourages applications from Aboriginal peoples, persons with disabilities, members of visible minority groups and women. Reasonable accommodations are available upon request for all parts of the recruitment process. Applicants need to make their needs known by contacting Tbaytel Human Resources in advance.