Bursar / CFO

An exciting opportunity for an accounting and finance professional to be part of a collaborative management team and play a vital role in effective financial management, control and reporting at Nunavut Arctic College, as it delivers on its commitment to holistic programming and high-quality education for Nunavut learners.

Nunavut Arctic College, an arm's length corporation of the Government of Nunavut, is tasked with a broad mandate: overseeing, developing and delivering adult education and training programs to meet the needs of Nunavummiut. Programming includes compensatory (upgrading and life skills), pre-employment, apprenticeship, certificate, diploma, university transfer, and university degree programs, using a wide range of delivery models, including on-campus programming, distance programming at 25 Community Learning Centres and via other off-campus facilities, as well as distance teaming using state-of-the-art technologies. The College also oversees the Piqqusilirivvik Inuit Cultural School, the Nunavut Trades Training Centre and research services carried out through the Nunavut Research Institute.

The College is seeking a Bursar who, as Chief Financial Officer (CFO), will oversee the planning and control of all financial activities at Nunavut Arctic College, including the development and operation of an effective system of accounting, budgeting and financial reporting for a multimillion-dollar operating and capital budget. The President, the Finance Committee and the Board of Governors will rely on you for expert advice and sound recommendations in determining overall objectives, policies and planning that involve accounting, budgeting and financial management analysis.

Reporting to the Senior Business Officer, you will also be responsible for financial statements, variance reporting, purchasing, revenue, capital project management, insurance and risk management, and the financial processing for all contracts and agreements entered into by the College, including preparation of financial statements, completion of the year-end audit and timely annual submission of the signed auditor report. As a collaborative member of the College’s Management Team, you will provide input to the President into the strategic decision-making process and, in so doing, share in the College’s inclusive approach to strategic planning and College-wide initiatives.

As the successful candidate, you will have a recognized professional accounting designation and related professional training in management and financial accounting, coupled with 10 years of progressive experience in a financial and management environment, including 5 years at a director or senior level. You are conversant with contract management, skilled in establishing contract management systems, and comfortable operating at the highest levels of a post-secondary institution. An MBA or a postgraduate degree in Finance or Accounting is preferred.

This mandate calls for knowledge of Generally Accepted Accounting Principles and Generally Accepted Auditing Principles, with technical knowledge of financial and management accounting, budgeting, material management, contract management, administering grants and contributions, implementation of procedures, internal audit and management information systems. These strengths are enhanced by a good understanding of the Financial Administration Act of the Government of Nunavut, the strategic planning process, all applicable Federal, Provincial and Territorial Acts as they pertain to the College, and all related legislation policy and procedural initiatives of the Government of Nunavut.

Your track record of success includes an extensive background in staff management and development. In particular, you will have the ability to capably manage and direct human, financial and program resources both locally and remotely, as the College operates as a highly decentralized organization, often with direct reports being based in multiple communities, and leaders having functional, technical or administrative management responsibilities for employees that do not report to them.

You are an articulate communicator and presenter, able to clearly convey concepts and information over multiple channels, provide advice to various audiences, and explain analytically sound results in simple, straightforward language. Knowledge of Nunavut, the land, language and culture will add to your success in this role. The ability to speak Inuktitut, Inuinnaqtun and/or French will be considered an asset, as will experience working in education, in a post-secondary setting or in Nunavut.

This is a position of trust and the successful candidate must submit a Criminal Record Check.

To apply to this key senior leadership role, submit your resume, in confidence, specifying the job title, by October 8, 2018, to Phelpsgroup, at NACCFO@phelpsgroup.ca

Phelpsgroup
401 Bay Street, Suite 1400, Toronto, ON M5H 2Y4
Phone: 416-364-6229