Chief Financial Officer

Assiniboine Credit Union•Winnipeg, MB

3d•Hybrid

About The Position

Reporting to the President & Chief Executive Officer, the Chief Financial Officer (CFO) is a member of the executive leadership team and serves as a management resource to the Board of Directors and its Committees. The CFO is responsible for the overall leadership and business direction of the Finance division, advancing ACU’s corporate strategic commitments, delivering results, and managing organizational risk through the development and deployment of strategic plans in finance, treasury, corporate real estate and facilities management, branch support, clearing & settlements, and environmental sustainability. This role contributes to ACU’s strategic goals in support of its vision, mission, purpose, and values. The CFO develops and maintains strategic relationships and partnerships within the provincial and national credit union system. From a merger perspective, this position is pivotal to successful cultural, operational, and structural integration, ensuring leaders and employees are engaged, valued, and supported pre- and post-merger. The CFO provides leadership across the organization, acting as a strategic advisor and business partner, supporting ACU’s commitment to rural, agricultural, and Francophone communities, French language services, values-based banking, and ACU’s triple bottom line accountability to people, planet, and prosperity.

Requirements

Bachelor’s degree
At least 10 years of cross-functional experience
Minimum five years at a senior leadership level
A recognized accounting designation is required
Demonstrated and consistent success in all of ACU’s core competency areas including: Leading Self, Member Service, Delivering Results, Communication, Change, Team Leadership, Problem Solving & Decision Making, Organizational Acumen
Respected authority able to represent ACU in front of members, partners, regulators, legislators, and other key players and partner effectively with third parties, regulatory bodies and others, as appropriate
Operates at the highest standard of ethical behavior as a leader by example
Deeply understands banking practices as well as current and emerging regulatory requirements
Applies a broad and strategic organizational perspective to thinking, problem-solving, and decision-making
Builds strong, balanced, positive relationships and networks inside and outside ACU and the credit union system
Demonstrates a personal and professional connection with ACU’s money doing more purpose and understands values based banking and triple bottom line accountability

Nice To Haves

Financial services sector experience
Graduate degree
Reading, writing, and oral skills in both official languages, English and French

Responsibilities

Lead, develop, and mentor a high-performing, cross-functional team to deliver and exceed expectations while coaching employees to realize their professional development goals.
Provide advice and counsel to the President & CEO, executive leadership team, management, and employees.
Actively contribute as a member of the executive leadership team in strategic and operational planning and decision-making.
Act as a change agent, consulting on organizational projects with a focus on finance and accounting, facilities, service administration, and environmental sustainability.
Lead and/or support cross-functional project teams.
Accountable for overall Finance division service levels, standards, and ensuring team capabilities support the delivery and execution of strategic and operational plans.
Maintain ultimate responsibility for the development, maintenance, and quality of all partner, regulator, auditor, supplier, and vendor relationships associated with the Finance division.
Act as a management resource to the Board as a whole and to appropriate committees of the Board, developing recommendations and policies for Board consideration.
Accountable for building a values-aligned culture that supports the execution of change initiatives, improves efficiency, and achieves service excellence.
Champion ACU’s commitment to values-based banking, respectful workplace, and diversity and inclusion.
Act as an ambassador of ACU by being visible in the organization and the community in support of corporate and community initiatives.
Provide strategic leadership and direction for all merger-related activities, ensuring alignment with organizational vision, enterprise priorities, and long-term value creation.
Champion a unified culture by modeling transparency, confidence, and accountability, and by setting expectations for senior leaders to communicate effectively, engage teams, and foster trust throughout all phases of the merger.
Drive organizational readiness by ensuring that employees at all levels understand the strategic rationale, benefits, and operational impacts of the merger, and by removing barriers to adoption of new policies, processes, systems, and structures.
Anticipate and mitigate enterprise-level risks related to change resistance, operational disruption, culture integration, and stakeholder impact, ensuring proactive solutions and timely decision-making.
Advance ACU Corporate strategic commitments, deliver business results, and manage organizational risk through the development of strategy and deployment of plans in the areas of Finance (financial accounting practices, financial reporting, financial statements, asset liability management (ALM), capital management, financial management, liquidity management, pricing), Accounting functions (budget and reporting on performance), evaluating ACU’s financial position and issuing reports, analysis of economic/regulatory/business/financial conditions, Treasury (investment, borrowing, cash flow management), Branch support and clearing & settlements, Corporate real estate and facilities management (facilities, procurement, purchasing, asset acquisition), and Environmental sustainability (sustainability reporting).
Work in collaboration with business partners in Advice & Service Delivery and Marketing in recommending pricing strategies.
Accountable for the capital and operating budgets and plans within the Finance division.
Accountable for the development of business case assessments to advance division priorities and corporate objectives.
Accountable for the development, implementation, and ongoing review of all finance, corporate real estate and facilities, branch support, clearing & settlements, and environmental sustainability governing and management policies and procedures.
Accountable for division risk management and responsible for enterprise-wide risk management.
Accountable for ensuring procedures and internal controls are followed and reported on as required.
Accountable to ensure that the Finance division is in compliance with regulatory and legislative requirements.
Responsible for large credit decisioning as a member of the Internal Credit Committee.