About Vancity
Vancity is a memberowned credit union built on the principles of inclusion and social justice. A relentless commitment to their values has helped them challenge the status quo and break down barriers since day one in 1946. They have bold commitments to make Vancity netzero by 2040 across all mortgages and loans and are pursuing strategies on Indigenous banking and to improve the financial resilience of their members.
Vancity is the largest private sector Living Wage Employer in Canada and has been consistently recognized as one of the Top Employers in Canada. If youre interested in joining their team of 2700 diverse individuals and accessing competitive rewards and benefits all while knowing you are part of a greater movement then apply today!
About the workplace
Vancity is seeking a dynamic and strategic Vice President Financial Reporting to oversee our finance operations accounting and reporting functions. This pivotal role will provide leadership and oversight across our entire financial reporting landscape ensuring that our business strategies plans and initiatives are supported in compliance with governing regulations internal policies and best practices.
As a key member of our senior leadership team the Vice President will collaborate with the Chief Financial Officer to shape the financial future of the organization while leading a highperforming team dedicated to delivering accurate timely and insightful financial information.
This is a permanent fulltime role that will enjoy hybrid working arrangements which can be fulfilled primarily from the Vancity head office location and your Lower Mainland based home office. This role may require you to work onsite at least once a week.
A typical day would involve:
- Lead and foster a culture of teamwork integrity and curiosity throughout the team to deepen relationships across the organization and leverage the entire credit unions relationships systems and knowledge.
- Provides stewardship and oversight for Vancitys monthly quarterly and annual statutory and legal entity reporting including management of financial accounting close processes and preparation of quarterly and annual reports financial statements and related notes MD&A and suite of Annual Reports (which includes Accountability Statements Climate Report and Sustainability Issuance Report).
- Oversees regulatory reporting requirements for Vancity and its regulated subsidiaries while ensuring that the group of companies remains in compliance with financial regulatory requirements.
- Lead the development of tax strategies to optimize tax expense while ensuring compliance with all relevant tax legislation.
- Key liaison for External Audit/regulatory bodies for Vancity and its regulated subsidiaries. Overall responsibility for the design and operating effectiveness of appropriate internal controls for the department. Supports reporting and presentations to the Audit Committee and the Board.
- Oversees finance operations including accurate and proper and management of vendor payments expense claims and payroll processing. Leads the ongoing maintenance of and enhancements to related technology platforms and processes to optimize operating efficiency implement control improvement opportunities and integrate best practices.
- Ensures daytoday activities of the department operate in a manner consistent with Vancitys risk culture and the relevant risk appetite statements and limits.
You have:
- A Bachelors degree in Commerce Accounting Finance Business Administration or a related field.
- Chartered Professional Accountant (CPA) designation.
- 10 years of experience in financial reporting accounting and financial management including at least 5 years in a senior leadership role
- Proven experience managing financial accounting close processes financial statements MD&A and related reports.
- Strong background in regulatory compliance for financial reporting including experience with regulatory reporting requirements for credit unions and financial institutions
- Experience with sustainability reporting is an asset
- Experience overseeing tax strategies and compliance with tax legislation
- Demonstrated experience in leading and managing crossfunctional teams and collaborating with internal stakeholders
- Proven track record in operating effectively within a complex regulatory environment and ensuring the organization remains compliant with all financial and regulatory requirements
- Familiarity with financial systems and technology platforms
You are:
- Commitment to Continuous Improvement As a forwardthinking leader youre constantly seeking ways to evolve financial reporting processes adapt to changing organizational needs and leverage emerging technologies to drive efficiency and accuracy in the reporting cycle.
- A people leader You have the ability to inspire and motivate your team fostering a positive and inclusive work environment. You are skilled in effectively managing team dynamics to achieve organizational goals.
- A strong communicator Your ability to communicate complex financial concepts clearly and effectively both in writing and verbally ensures alignment across all levels of the organization. You bridge the gap and translate financial data into actionable insights.
- Analytical You thrive on making datadriven decisions and are handson in collecting and analyzing financial data to build models identify trends and recommend strategies that enhance operational efficiency and support business growth.
- A problem solver Your skills to diagnose challenges and issues develop innovative business solutions and assess risks and opportunities that may affect the business have been put to good use.
We value lived experience so if you are interested in this role we encourage you to apply even if you feel your skills dont perfectly align with those listed.
The salary range for this role is $177200.00 to $266000.00 annually. Base pay offered may vary depending on factors such as relevant qualifications skills previous experience and internal equity. As part of our total rewards package employees may also be eligible for our annual incentive program subject to program eligibility requirements.
Posting Deadline: Posted until filled
A career at Vancity is more than just a job youre joining a tradition of changemakers who are creating lasting change for our communities. Beyond base pay we offer a comprehensive total rewards package to ensure our employees are empowered to thrive:
We offer:
- We are the largest privatesectorLiving Wage Employerin Canada and have been consistently recognized as one of theTop Employers in Canada.
- Our permanent employees qualify for attractive benefit packages that can be customized and changed each year to meet their evolving needs.
- New employees receive between three to four weeks of vacation allowance per calendar year and the number of vacation days grows
- In addition to the 10 statutory holidays in British Columbia Vancity provides an additional three statutory holidays. We offer care days for periods of shortterm personal illness or emergency family illness.
- We have flex credits for our health care & dental benefits offer three levels of coverage for you to select from. These benefits will also be effective immediately based on your hire date.
- We understand that retirement means different things to different people and at Vancity we will offer you a Defined benefits pension plan that pays you a retirement income for life.
At Vancity were committed to creating a welcoming and inclusive workplace to help our people and communities thrive and prosper. Diversity in our workforce is integral so that we can truly represent understand and respond to our community needs and deliver on our member experience.
We are committed to providing an inclusive and accessible recruitment experience for all candidates. If you require any accommodations at any stage of the recruitment process please reach out to our Talent Acquisition team at for confidential support. Inperson assistance is also available. We will collaborate with you to ensure your needs are met promptly and effectively.
Required Experience:
Chief