Director, Tax, Treasury

2024-02-05

Full Time

Description

Federated Co-operatives Limited (FCL) is hiring a Director, Tax, Treasury & Credit on a permanent basis on our Finance team. This position requires onsite work, with flexibility, based in Saskatoon, SK.

Are you someone who can provide leadership to diverse teams, adapt and grow in new areas, build and maintain relationships, and work independently when handling complex problems? If so, this might be the perfect opportunity for you to showcase these skills while being a key driver in maintaining financial health and stability of the Co-operative Retailing System (CRS).

What you'll do:

Monitor and manage cash, working capital, debt, and external financial institution relationships, guaranteeing optimal investment returns on excess cash balances are realized while ensuring safety of capital and borrowing rates are minimized as part of overall capital structure management.
Ensure the appropriate capital structure for FCL's needs and support the needs of the entire Co-operative Retailing System (CRS), including maintaining a strong balance sheet with adequate access to cash or credit to execute the business plans of FCL.
Ensure all reporting requirements and convents of existing or future bondholders are met and/or a process is established to allow for proper reporting to be maintained, and lead bond rating agencies' reviews of FCL financial health, if required.
Manage the Retail Lending Program, including signing lending agreements, analyzing detailed financial statements and key ratios, reviewing forecasts and other key metrics, and registering appropriate security where necessary.
Lead the Tax team in tasks such as income and commodity tax planning, analysis, compliance and audits, constant monitoring of changing legislation and its impacts to FCL and local Co-ops and advising on various tax matters as FCL evolves and grows.
Provide specialized financial management services to local Co-ops, focusing on active balance sheet management and advising local Co-op boards and management on financial management concepts and balance sheet management strategies.
Ensure FCL has appropriate credit and collections policies that balance the risk in extending customer credit with ensuring bad debt expense is maintained at an appropriate level.
Work with various stakeholders to evaluate tools to make customer credit evaluation more efficient.

Who you'll work with :

You will work closely with various business units, local Co-ops and external financial institutions and will lead the two Senior Managers for Treasury & Credit and Tax. You will report into the Associate Vice President (AVP), Finance & Systems on a team focused on cultivating a culture of collaboration, high performance, and continuous improvement.

Why it matters:

We help local Co-ops grow and thrive by offering a range of professional services, including marketing, market research, information technology, human resources, accounting, risk management and business development.

Who you are:

You are looking for a career in Finance and:

Have 10 + years of relevant progressively responsible experience in financial management.
Have a university degree in Business or Commerce (a combination of relevant education and experience may be considered).
Have a professional accounting designation (CPA).

What we offer:

Competitive salaries, short-term incentives, a comprehensive benefits package, and an employer-contributed pension plan.
Encouragement to take advantage of learning opportunities to grow and develop as a Team Member.
As a co-operative, we do business differently. We believe in working together to serve Western Canadians, delivering profits back to our communities and investing in sustainable growth. To learn more about who we are and what we offer, visit .

We are committed to providing reasonable accommodations throughout the recruitment process to ensure an enjoyable candidate experience. If you require an accommodation during the recruitment process, we invite you to submit your requests to us via . All information received will be kept confidential.

If this opportunity speaks to you, we invite you to apply by February 1, 2024.

We thank all candidates for their interest, however only those selected to continue in the recruitment process will be contacted. FCLLP

As this position is considered a position of trust, you may be required to complete a criminal record check and a credit check in accordance with FCL policies.

FCL embraces diversity and inclusion. We're working to create a workforce that is as diverse as the communities we serve and an environment where every team member brings their whole self to work. We believe all candidates should feel at home with us and be given the opportunity to fully participate during the recruitment process.