22 Oct
|
KBRS
|
St. John's
Director, Finance, Provident10
St. John’s, NL
Are you a strategic, forward thinking finance leader ready to drive financial excellence, strengthen organizational performance, and make a lasting impact on the retirement security of thousands of Newfoundlanders and Labradorians?
The Company
Some would say we’re in the pension business. We like to say we’re in the people business. One that focuses on creating an inclusive and diverse culture for everyone who comes through our doors. One that puts our 68,000 members at the heart of everything we do because they deserve nothing less than a secure, reliable future to build upon. One that can include YOU.
Provident10 is the largest pension plan in Newfoundland and Labrador and one of the largest pension plans in Atlantic Canada
- representing 1 in 8 Newfoundlanders and Labradorians. Our team proudly oversees the pension administration and investment management of the over $13 billion Public Service Pension Plan Fund. Future Focused. People Centric. The foundation for our vision. For us that means creating a seamless experience for members and a positive culture for our employees; ensuring the organization remains efficient and agile, as we continue to make smart investments for growth – all while embracing technology and ensuring a consistent experience for our members.
The Role
The Director, Finance is accountable for the leadership, management, and integrity of the corporate and investment fund finance function, including financial reporting, planning, controls, investment accounting, and transaction processing. The role ensures the delivery of accurate and timely financial information, robust internal controls, and compliance with applicable standards and regulatory requirements., The Director,
Finance supports organizational decision-making through financial analysis and planning and provides operational leadership across all finance activities. The role serves as the primary internal authority on financial management and stewardship, while contributing to enterprise planning and supporting Board and committee reporting.
Key Responsibilities
- Financial Management & Reporting: Oversees corporate and fund financial reporting, including fund accounting requirements and related financial statement preparation. Leads the preparation of quarterly, and annual financial statements and reports. Ensures accuracy, completeness, and timeliness of all financial reporting in accordance with applicable accounting standards. Oversees the financial close process, including general ledger integrity and reconciliations. Provides financial analysis and insights to support organizational performance and decision-making.
- Investment Fund Accounting & Oversight: Leads the organization’s investment accounting and financial reporting activities for the pension fund. Oversees portfolio reconciliation, investment valuation, performance reporting controls, and the integrity of investment-related financial information. Maintains oversight of investment accounting systems, private market reporting, management and performance fee monitoring, and foreign tax recovery activities.
Ensures investment accounting processes are completed accurately, timely, and in compliance with applicable accounting standards, regulatory requirements, and internal policies. Supports Board and committee reporting by providing analysis and insights on investment-related financial matters.
- Planning, Budgeting & Forecasting: Leads the annual budgeting process, including the development, consolidation, and monitoring of both corporate and investment fund budgets. Works collaboratively with department leaders. Oversees ongoing forecasting activities, monitors financial performance through variance analysis and provides recommendations to support long-term financial planning and sustainability analysis.
- Controls, Compliance & Risk Management: Establishes and maintains a strong internal control framework. Ensures compliance with legislative, regulatory, and accounting requirements. Maintains oversight of applicable tax compliance, reporting, and related advisory requirements. Leads external audit processes and coordinates responses to audit findings. Develops and maintains financial policies, procedures, and governance frameworks.
- Operational Finance Leadership: Provides day-to-day leadership and oversight of the finance function. Ensures efficient and effective financial processes and identifies opportunities for improvement and automation. Maintains oversight of cash management, financial transactions, and organizational financial resources. Ensures appropriate segregation of duties and transactional controls across all finance activities.
- Stakeholder Support & Advisory: Supports in the development of Board and committee materials, including Audit & Finance Committee reporting. Provides financial guidance and decisi
📌 Director, Finance, Provident10 (St. John's)
🏢 KBRS
📍 St. John's