Vice President/Chief Financial Officer
A unique opportunity for a strategically minded and tactically skilled finance executive to support and advance Nunavut Housing Corporation’s vision: “To ensure families and individuals in Nunavut have access to a range of affordable housing options.”
The mission of the Nunavut Housing Corporation (NHC), an arm’s length public agency of the Government of Nunavut (GN), is “To provide opportunities for all residents of Nunavut to have homes that support a healthy, secure, independent and dignified lifestyle through working with our communities to allow them to assume the role of providing housing to Nunavummiut.” Through its four lines of business (Public Housing, Staff Housing, Homeownership, as well as advisory and administrative services[A1] ), the NHC provides education, training and support to Local Housing Organizations (LHOs) in the areas of administration, finance, program delivery and maintenance; provides homeowner services in the area of finance and technical assistance; and coordinates housing-related lobby efforts on behalf of all Nunavummiut. This is where you can make your mark as a finance professional.
As Vice President/Chief Financial Officer (VP/CFO), reporting to the President & Chief Executive Officer, you will be part of the NHC’s Corporate Executive Committee (CEC) and, as such, participate in all decisions made regarding all aspects of the Corporation’s operations while inspiring a cohesive, talented and diverse operational team.
With an annual operating budget in excess of $230 million and a capital budget of over $70 million, the NHC is the driving force in housing policy development, program delivery, and construction in the territory. As the new VP/CFO, you will have an impact on all of the Corporation’s Divisions, three Districts (Kivalliq, Kitikmeot, Qikiqtaaluk), 25 LHOs, various contracts, and individual clients and vendors. staff housing for as well as the homelessness portfolio.
This is a sizable mandate, overseeing three managers and the Corporate Comptroller, and with accountability for the development and management of Corporate Finances, Information Technology Systems, Human Resources, as well as the procedures and long-term planning that support the NHC’s vision, mission, mandate, goals and objectives. The supervision of research, strategic, economic and financial planning, and acting as the Secretariat to the Corporation, will be other key aspects of this role as you work to ensure the fiscal and monetary well-being of the Corporation.
Nunavut faces unique housing challenges, with a northern climate, a geographic area encompassing 1/5 of Canada’s landmass, and a scattered population of just over 38,456 people (as of April 2018) in 25 remote communities only accessible by air or sea. Over 55% of this population lives in public housing and is directly impacted by the Corporation’s management of these 5,500 units. In addition, there are 1,615 staff housing units in the NHC’s portfolio, plus an impressive record of homeownership assistance, with over 1,890 of Nunavut’s homeowners having accessed NHC’s homeownership programs.
We are seeking an inclusive leader who is a champion of change and ell-versed in the development, implementation and operation of financial structures, policy and strategic planning in the corporate framework of social housing organizations. As such a leader, you will understand the impact of financial and socio-economic ramifications of fiscal and policy decisions on the Corporation and the communities it serves. Demonstrated expertise in the areas of finance and accountancy is crucial, along with a thorough knowledge of strategic planning processes and the strong supervisory skills required to effectively manage this diverse and critically important portfolio.
Equally important, you are skilled in working in a multi-cultural environment, understand Nunavummiut attitudes, lifestyles and living conditions and how this knowledge will support your success in this role. You are conversant with the current agenda of the GN, and all federal, provincial and territorial social housing policies and programs and their potential impact on communities. A savvy communicator, orally and in writing, you are comfortable liaising with senior management and various stakeholders, and present analytically sound information in a straightforward manner.
As VP/CFO, you will demonstrate knowledge of Generally Accepted Accounting Principles and Generally Accepted Auditing Principles, and technical knowledge of accounting principles, including financial and management accounting, budgeting, material management, contract management, administering grants and contributions, implementation of procedures, internal audit and management information systems. Your expertise in these areas has a solid foundation: a recognized professional accounting designation, professional training in a related field such as Management and Financial Accounting, and 10 years of progressive experience in a financial and management environment. The ability to speak two or more of Nunavut’s official languages would be considered an asset.
This senior management position is based in Iqaluit, NU, and offers the opportunity to support the access to housing and the quality of life of Nunavut’s communities, while enjoying a very attractive compensation and benefits package. In this position of trust, the successful candidate must have the ability to perform all duties with due diligence and is required to provide a satisfactory criminal record check.
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