Director of Finance

Important messages

We are committed to providing an inclusive and barrier-free work environment, starting with the hiring process. If you need to be accommodated during any phase of the evaluation process, please use the Contact information below to request specialized accommodation. All information received in relation to accommodation will be kept confidential.

Assessment accommodation

Duties

Reporting to the Chief Financial Officer (CFO), the Director of Finance provides high quality financial information (credible, reliable and accurate) as well as practical and timely advice, delivered in a cost effective manner. The Director of Finance also works closely with the Corporate Planning team, which also reports into the CFO. Clients / partners include OSFI Executive, Senior level committees, management, Government of Canada partners and supervised industries. Services include Financial Planning and Analysis, Financial Reporting and Analysis, Financial Policy and Projects, and Financial Operations. The Director organizes, interprets, and presents relevant financial information, including the identification of significant success/problem indicators and recommendations to senior management.

Work environment

The Office of the Superintendent of Financial Institutions (OSFI) is an independent agency of the Government of Canada, established in 1987 to contribute to the safety and soundness of the Canadian financial system. OSFI supervises and regulates federally registered banks and insurers, trust and loan companies, as well as private pension plans subject to federal oversight.

What OSFI offers
OSFI is a separate agency that offers a competitive salary and eligibility for performance pay annually. People are the foundation of our organization. You will become part of a diverse community that acknowledges that everyone has varied experience and fosters an environment where communication and teamwork amplify our effectiveness.

Working at OSFI offers the following:

Mandate
The work you do at OSFI matters. Your efforts contribute to the safety and soundness of the financial sector. A strong financial sector promotes competition, and benefits all Canadians.

Learning & Development
Our organization understands that ongoing learning and development is critical and necessary, and must evolve with developments in the Financial Sector. Learning and Development is a key component of our Human Capital Strategy.

Community & Culture
We strive to create a working environment that allows employees to work to their fullest potential. We strive to promote employee wellbeing, including a focus on balancing work and personal needs. Subject to operational requirements, we offer opportunities for flexible working arrangements.

Benefits
As a Federal Government Agency, OSFI offers a number of competitive benefits to its employees, including a Defined Benefit Pension Plan, maternity and parental leave benefits, vacation (4 weeks), personal and family leave days.

Intent of the process

The immediate need is to staff one position with a language requirement of bilingual imperative CBC/CBC on an indeterminate basis.

This selection process may be used to establish a pool of partially qualified and/or qualified candidates, which could be used to staff similar positions at the Office of the Superintendent of Financial Institutions.

Positions to be filled: 1

Information you must provide

Your résumé.

In order to be considered, your application must clearly explain how you meet the following (essential qualifications)

ESSENTIAL EDUCATION
- A university degree with specialization in accounting, finance, business administration, commerce, economics or another relevant field.
- A recognized professional accounting designation (CPA, CA, CGA, CMA).

Degree equivalency

ESSENTIAL EXPERIENCE
- Recent* and significant** experience in at least 4 of the 7 following areas:
o Resources management and budgeting;
o Financial analysis / decision support;
o Accounting Operations;
o Financial Policy and Internal Controls;
o Financial Systems;
o Financial Reporting; and
o Costing.

NOTE: If you have experience in more than 4 of the above areas, please refer to the Asset Experience criteria section to provide further details on your additional experience.

- Experience in improving operational efficiencies and/or enhancing the value of financial management services within an organisation.
- Recent* and significant** experience, at the executive level, in providing strategic and expert advice and recommendations to senior executives*** on complex financial or management issues.
- Recent* experience in establishing and managing strategic partnerships with internal and external stakeholders to support organizational objectives.
- Recent* and significant** experience, at the executive level, in managing human resources**** and financial resources*****.

*Recent experience is defined as having been acquired within the last five (5) years.
**Significant experience is defined terms of both depth and breadth; i.e., has performed both a broad range of complex financial management activities and has acquired / demonstrated expertise in technical financial management areas over a minimum period of five (5) years.
***Director general and above.
****Managing Human Resources: Applicants must clearly demonstrate that, based on scope of subordinates, they were responsible for managing a team of 15-40 people (or more), including the management of human resources, for a period not less than (3) years. Some examples of managing human resources may include: assigning work, establishing performance objectives and indicators, developing resourcing plans, determining needs and approving training, etc.
*****Managing Financial Resources: applicants must show evidence of managing and being accountable for a budget for a period not less than five (5) years. Some examples of managing financial resources may include: full delegation for a budget, forecasting, planning, budget allocation, reporting, etc. Applicants must also indicate the size of the budget they managed.

If you possess any of the following, your application must also clearly explain how you meet it (other qualifications)

ASSET EDUCATION
- MBA or other graduate degree.

Degree equivalency

ASSET EXPERIENCE
- Recent* and Significant** experience in more than 4 of the 7 following areas:
o Resources management and budgeting;
o Financial analysis / decision support;
o Accounting Operations;
o Financial Policy and Internal Controls;
o Financial Systems;
o Financial Reporting; and
o Costing.

NOTE: If you have experience in more than 4 of the areas above, please provide details on your experience that is additional to the experience described in Essential Experience 1.

- Experience in directing the preparation of externally audited financial statements.

*Recent experience is defined as having been acquired within the last five (5) years.
**Significant experience is defined terms of both depth and breadth; i.e., has performed both a broad range of complex financial management activities and has acquired / demonstrated expertise in technical financial management areas over a minimum period of five (5) years.

The following will be applied / assessed at a later date (essential for the job)

Bilingual - Imperative (CBC/CBC)

Information on language requirements

ESSENTIAL KNOWLEDGE
- Knowledge of federal legislation and policies that impact financial management.
- Knowledge of control frameworks and core management controls related to the stewardship of assets and money.
- Knowledge of risk management practices.

ESSENTIAL COMPETENCIES
- Collaboration: Sharing a community mindset, promoting cohesion and breaking down barriers
- Agility: Adapting to environmental complexities through innovation
- Transparency: Cultivating an open and trustworthy culture within the organization
- Integrity: Stepping up to the obligations of leadership with authenticity
- Impact and Influence
- Critical Thinking
- Professional Judgement

ESSENTIAL ABILITIES
- Ability to communicate effectively in writing.
- Ability to communicate effectively verbally.

The following may be applied / assessed at a later date (may be needed for the job)

OPERATIONAL REQUIREMENTS
- Willingness and ability to travel when required.
- Willingness and ability to work overtime on occasion and on short notice.

Conditions of employment

Reliability Status security clearance

OTHER CONDITIONS OF EMPLOYMENT
- Agreement to be deployed into another REX position within OSFI at the same level.

Other information

The Public Service of Canada is committed to building a skilled and diverse workforce that reflects the Canadians we serve. We promote employment equity and encourage you to indicate if you belong to one of the designated groups when you apply.

Information on employment equity

In order for your application to be considered, you must submit a completed questionnaire. You will be required to demonstrate how you meet the education and experience criteria (essential and asset) for the initial screening, in answering online screening questions. It is NOT sufficient to only state that the qualifications are met or to provide a listing of current or past responsibilities. Rather, you must clearly demonstrate HOW, WHEN and WHERE the qualification was met through substantiation by examples. Information on your described education and experience provided in the screening questions should be supported by your résumé. Failure to provide the above information in the format required may result in your application being rejected from the process.

A written examination may be administered.

An interview may be administered.

Reference checks may be sought.

The ability to communicate effectively in writing may be assessed using the candidate's application, as well as through the evaluation process.

Please note that OSFI has offices located in Ottawa, Toronto, Montreal, and Vancouver. If you are screened in, you may be required to travel to one of these locations to complete assessment (exam, interview, etc.).

Candidates invited to an interview will be required to bring proof of their education credentials, in the form of a diploma or official transcript (original documents only). Candidates with foreign credentials must provide proof of Canadian equivalency. Consult the Canadian Information Centre for International Credentials for further information at http://www.cicic.ca/.

Candidates must meet all of the essential qualifications to be appointed to a position. A candidate may be appointed to a position even though he/she does not meet any or all of the asset qualifications. However, meeting these criteria is desirable and may be a deciding factor in choosing the person to be appointed.

Depending on the requirements of the position(s) being staffed from this process, for current or future vacancies, any or all of the asset qualifications may be applied at any time during the staffing process, including screening. Candidates may be contacted and assessed against these criteria at any time during this process.

Achieving a representative workforce has been identified as an organizational need and may be applied in this appointment process. If this criterion is used, only those who have indicated that they are members of the specified designated group(s) will be considered.

A top down selection of candidates may be used in the determination of those to be given further consideration in the assessment process.

Persons are entitled to participate in the appointment process in the official language of their choice. Applicants are asked to indicate their preferred official language in their application.

For this selection process, our intention is to communicate with applicants by e-mail (including sending invitations for written tests and interviews). Applicants who apply to this selection process must include in their application a valid e-mail address and make sure this address is functional at all times and accepts messages from unknown users.

All job applications must be submitted through the Government of Canada public service jobs website. Do not email, fax, or mail hard copy documents as these will not be accepted. To submit an application online, please click on the "apply now" button.

If you do not have Internet access in your home or through friends, relatives or neighbours, here are some suggested locations: campus career centers, libraries, community centers, Internet cafés and Services Canada. You may also call 1-800-O-Canada (1-800-622-6232), or TTY 1-800-926-9105, for information on the nearest public Internet access locations.

Persons with a disability preventing them from applying on-line are asked to contact 1-800-645-5605.
Applicants with disabilities: If you require special accommodation at any stage in the selection process, including technical aid to ensure an equitable assessment of your qualifications, please inform us by sending an e-mail to the following address: .

OSFI's Ottawa location is downtown with easy access to shopping, restaurants, gyms, financial institutions and more. The building is less than a five minute walk from LRT and STO stops.

As a Separate Agency, the Office of the Superintendent of Financial Institutions (OSFI) appoints employees in accordance with the Public Service Employment Act (PSEA). OSFI is named in Schedule V of the Financial Administration Act (FAA) and it offers the same pension and benefits plans as the core Federal Public Service. In addition to this, OSFI employees obtain a minimum of 4 weeks of vacation leave per year, earn a competitive salary, and are eligible for an annual performance bonus.

Preference

Preference will be given to veterans and to Canadian citizens, in that order, with the exception of a job located in Nunavut, where Nunavut Inuit will be appointed first.

Information on the preference to veterans

We thank all those who apply. Only those selected for further consideration will be contacted.