Director, Finance

Alberta Recycling Management Authority (ARMA); Edmonton; On-site; CAD 100,000 - 120,000; Full time

Job summary

A public sector organization in Edmonton seeks a Director of Finance to manage financial operations, including oversight of accounts payable and reporting. Candidates should possess a relevant university degree and CPA designation, along with leadership experience in financial management and strong analytical skills. The role involves strategic alignment of the finance department with organizational objectives, ensuring compliance, and driving continuous improvements.

Qualifications

• Minimum of seven years of related experience in senior financial management.
• Strong financial and accounting systems background.
• Demonstrated management and leadership skills.

Responsibilities

• Oversee the preparation of financial and data reports.
• Direct and approve work of accounting staff.
• Lead annual budgeting process.

Skills

Financial reporting

Budgeting

Leadership

Data analysis

Communication

Education

University degree in business or accounting

CPA designation

Tools

Microsoft Excel

Power BI

Job description

Overview

The Director, Finance is responsible for oversight of and hands-on involvement in the day-to-day operations and supervision of staff in the accounts payable, accounts receivable, accounting, budgeting, financial reporting, payroll and audit functions. The Director, Finance plays an important advisory role to other departments within the organization and contributes to strategic planning and execution, ensuring the operation of the finance department aligns to ARMA’s organizational strategy and objectives.

Core Responsibilities

• Financial Policy, Procedures and Internal Controls

Develops, coordinates, and enforces systems, policies and procedures and best practices related to financial systems and processes, adhering to relevant regulatory frameworks that govern ARMA’s operations.

Ensures that appropriate financial controls are in place and functioning to minimize risk of error and to protect the assets of the organization, through policy development and oversight.

Supports organizational training, knowledge and adherence to the financial control framework. This may include advisory services, training supports, and / or development of presentations, briefing notes, reports, and recommendations to support all areas of the organization.

Maintains quality service and quality records by establishing and enforcing organization standards.

Ensures the organization is compliant with current federal, provincial, and municipal remittance and tax reporting requirements.

Financial and Investment Reporting

Ensures internal financial and investment reporting for staff, management, board and board sub-committees are prepared accurately and in a timely manner, with information presented in a useful and efficient manner.

Ensures annual financial statements are accurately prepared and compliant with applicable accounting standards and all other annual regulatory financial reporting requirements are fulfilled on a timely basis.

In consultation with the VP, Finance, plans and prepares materials for meetings of the Board’s Audit and Finance sub-committee, and financial materials for board meetings as required.

Presents financial results to board sub-committees, management and staff as required.

Financial Analysis, Data Analysis and Budgeting

Oversees the preparation of financial and data reports to support business plans, budgets, analysis of operating results, management of cash flows and stakeholder communications.

Supports management with financial and quantitative information needed for support operational decision making and communication initiatives, including rate-setting recommendations for environmental fees and grant incentive rates.

Creates projections and analyzes trends to identify areas for concerns with accompanying recommendations to management.

Leads the annual budgeting process, providing direction and tools to support managers in the development of their departmental budgets, and ensures a high-quality draft budget is presented to senior management through effective quality control processes and documentation policies. Works with senior management to transition draft budgets to a final product for board / board sub-committees.

Financial Operations Management

Directs, reviews and approves the work of accounting staff responsible for bookkeeping and accounting functions, including accounts receivable, accounts payable, and revenue and expense accruals. Provides oversight for financial transactions from all departments of the organization.

Develops, maintains and oversees effective cash management processes for the organization, and provides recommendations for movement of assets between cash, short-term and long-term investment accounts.

Jointly administers payroll with one other Finance team member; active payroll processing by two positions ensures adequate contingency is in place for this important function.

Acts as the liaison between the finance team and the Director, IT for identifying and prioritizing any new or change requirements for databases, programs, systems and equipment.

Maintains finance related files according to organization records management policy.

Strategic Management

Develops and maintains a Finance department plan and roadmap to ensure it is aligned to ARMA’s organizational strategy and objectives.

Researches and implements financial tools to resolve identified challenges, support ARMA departments and to support the achievement of the overall finance strategic plan.

Supports strategic relationships between Alberta Recycling and external financial agencies and institutions as required.

Supports the organization’s strategic management by maintaining professional and technical knowledge and best practice awareness through educational workshops, reviewing professional publications, establishing personal networks, etc.

Project Development & Management

Acts as subject matter expert / financial advisor on financial components of organization-wide projects and initiatives.

According to contracting and procurement policy, coordinates internal and external resources for the completion of finance projects.

Works in collaboration with relevant parties to define finance project goals, objectives and planned deliverables in order to fulfil project requirements.

Ensures that finance projects are completed within scope and budget and are on-time.

Leadership

Leads, coaches, and mentors while nurturing strong relationships with all employees.

Develops and fosters a culture focused on high-performance.

Supports the Finance team and the organization through the development of effective working relationships.

Leads innovative practices, processes, and systems improvements using continuous improvement principles.

Acts as a positive role model and change agent, and leads by example to engage, empower and influence the Finance Team.

Leads and facilitates cross-training opportunities within the Finance Team to provide support and backup during any staff absences and continue to grow and develop.

Leads multi-disciplinary committees and teams as required in addressing organizational needs and delivering on organizational goals and objectives.

Acts as a back-up resource to the executive leadership in the absence of the VP, Finance as required.

Other Duties

Maintains an understanding of and adheres to Alberta Recycling policies, procedures, and standards.

Contributes to a positive and safe culture by modeling the organizational values and leadership behaviors.

Performs other job-related duties as required.

Core Competencies

Education & Experience

University degree in business, accounting or related discipline is required.

A CPA designation in good standing is required.

Strong financial and accounting systems background, including knowledge of accounting systems, data analysis and forecasting methods. Proficiency with Office 365 applications, in particular Excel and Power BI.

Strong presentation skills in delivering financial results and other material, both in written and verbal form, to senior management, board committees and / or external stakeholders.

Demonstrated management and leadership skills including the ability to delegate tasks and responsibilities.

Excellent time management, decision-making, and problem-solving skills.

Strong ability to communicate both verbally and in writing.

Ability to work effectively as part of a team.

Experience requirements :

Minimum of seven (7) years of related experience in senior financial management

Minimum of five (5) years of related leadership experience at a senior level

Equivalent combinations of education and experience will be considered

The following are considered as desirable for the position :

Experience or certification in payroll administration

Canadian Securities Course

Certificate in Risk Management

Knowledge, Skills & Abilities

Leadership & Navigation : Uses information, personnel, time, and other resources necessary effectively and efficiently to accomplish tasks within the parameters of organizational hierarchy, processes, systems, and policies and establishes appropriate courses of action for self, teams, and individuals to accomplish specific goals. Motivates team and provides coaching and assistance as required.

Strategic Thinking : Understands the strategic relationship between effective financial, risk and compliance management and core business functions.

Technical Capability : Knowledge of principles, practices, and functions of effective operational management and proven experience leading operational planning and reporting.

Business Acumen : Understands and applies information to contribute to the organization’s strategic plan leveraging business knowledge, strategic agility, systems thinking, and metrics / analytics to measure performance.

Communication Proficiency : Provides clear, concise information to others in verbal, written, electronic and other communication formats. Listens actively and ensures effective communications throughout the organization.

Critical Evaluation : Uses critical thinking and problem solving to assess and interpret information to make business decisions and recommendations.

Relationships Management : Builds engaging relationships with all internal and external parties through trust, teamwork, and direct communications. Demonstrates approachability and openness.

Ethical Practice : Integrates core values, integrity and accountability throughout all organizational and business practices and acts with personal, professional, and behavioral integrity.

Additional Requirements

Senioriry level

Director

Employment type

Full-time

Job function

Finance

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