Vice President, Financial Reporting

Vancity; Vancouver; On-site; CAD 177,000 - 266,000; Full time

Job summary

A leading financial institution is seeking a senior financial leader to oversee financial reporting, compliance, and team management. This role requires a CPA and a commitment to continuous improvement and team collaboration, offering a competitive salary in the range of $177,200 to $266,000 annually. The position emphasizes strong communication and analytical skills to enhance operational efficiency and support organizational goals.

Qualifications

• 10+ years in financial reporting, accounting, and financial management.
• 5+ years in a senior leadership role.
• Experience with regulatory compliance for credit unions.

Responsibilities

• Oversee monthly, quarterly, and annual financial reporting.
• Lead development of tax strategies and compliance.
• Ensure effective internal controls and liaise with external auditors.

Skills

Leadership

Financial Reporting

Regulatory Compliance

Analytical Skills

Education

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

Chartered Professional Accountant (CPA) designation

Job description

• Lead and foster a culture of teamwork, integrity, and curiosity throughout the team to deepen relationships across the organization and leverage the entire credit union’s relationships, systems, and knowledge.
• Provides stewardship and oversight for Vancity’s monthly, quarterly and annual statutory and legal entity reporting, including management of financial accounting close processes and preparation of quarterly and annual reports, financial statements and related notes, MD&A, and suite of Annual Reports (which includes Accountability Statements, Climate Report, and Sustainability Issuance Report).
• Oversees regulatory reporting requirements for Vancity and its regulated subsidiaries while ensuring that the group of companies remains in compliance with financial regulatory requirements.
• Lead the development of tax strategies to optimize tax expense while ensuring compliance with all relevant tax legislation.
• Key liaison for External Audit / regulatory bodies for Vancity and its regulated subsidiaries. Overall responsibility for the design and operating effectiveness of appropriate internal controls for the department. Supports reporting and presentations to the Audit Committee and the Board.
• Oversees finance operations, including accurate and proper execution and management of vendor payments, expense claims, and payroll processing. Leads the ongoing maintenance of and enhancements to related technology platforms and processes to optimize operating efficiency, implement control improvement opportunities, and integrate best practices.
• Ensures day-to-day activities of the department operate in a manner consistent with Vancity’s risk culture and the relevant risk appetite statements and limits.

You have :

• A Bachelor's degree in Commerce, Accounting, Finance, Business Administration or a related field.
• Chartered Professional Accountant (CPA) designation.
• 10+ years of experience in financial reporting, accounting, and financial management, including at least 5 years in a senior leadership role
• Proven experience managing financial accounting close processes, financial statements, MD&A, and related reports.
• Strong background in regulatory compliance for financial reporting, including experience with regulatory reporting requirements for credit unions and financial institutions
• Experience with sustainability reporting is an asset
• Experience overseeing tax strategies and compliance with tax legislation
• Demonstrated experience in leading and managing cross-functional teams and collaborating with internal stakeholders
• Proven track record in operating effectively within a complex regulatory environment and ensuring the organization remains compliant with all financial and regulatory requirements
• Familiarity with financial systems and technology platforms

You are :

• Commitment to Continuous Improvement – As a forward-thinking leader, you’re constantly seeking ways to evolve financial reporting processes, adapt to changing organizational needs, and leverage emerging technologies to drive efficiency and accuracy in the reporting cycle.
• A people leader – You have the ability to inspire and motivate your team, fostering a positive and inclusive work environment. You are skilled in effectively managing team dynamics to achieve organizational goals.
• A strong communicator – Your ability to communicate complex financial concepts clearly and effectively, both in writing and verbally, ensures alignment across all levels of the organization. You bridge the gap and translate financial data into actionable insights.
• Analytical – You thrive on making data-driven decisions and are hands-on in collecting and analyzing financial data to build models, identify trends, and recommend strategies that enhance operational efficiency and support business growth.
• A problem solver – Your skills to diagnose challenges and issues, develop innovative business solutions, and assess risks and opportunities that may affect the business have been put to good use.

We value lived experience, so if you are interested in this role, we encourage you to apply even if you feel your skills don't perfectly align with those listed.

The salary range for this role is $177,200.00 to $266,000.00 annually. Base pay offered may vary depending on factors such as relevant qualifications, skills, previous experience, and internal equity. As part of our total rewards package, employees may also be eligible for our annual incentive program, subject to program eligibility requirements.