Job Posting Details

Controller, St. Stanislaus-St. Casimir's Polish Parishes Credit Union Limited

Location:Toronto, Ontario
Posting Date:October 22, 2018
Closing Date:until filled
Web Site:www.polcu.com
Employment Type:Full-time

JOB POSTING

Title: Controller

Reports to: Chief Executive Officer

Salary: TBD

Location: Head Office

Job Summary:

Manages and directs the overall financial planning and performance activities of the credit union by designing and developing short and long term strategies, plans and systems to monitor and stimulate growth; presents proposals to the CEO; participates actively at the senior management level and Board level in the development and implementation of long term strategic plans, sets and administers the rate structure; monitors all credit union expenditures and ensures effective cost control measures are maintained; approves capital expenditures; approves investments proposals; determines overall investment policy in conjunction with the CEO; researches and presents strategies in relation to policy position, interest rates and asset/liability management; maintains direct accountability for all financial statements and reports; regularly reviews effectiveness of accounting and cash management systems.

1. Researches and presents strategies in relation to policy position, interest rates and asset/liability management.

2. Determines overall investment policy in conjunction with the CEO and approves investment proposals.

3. Sets and administers the rate structure.

4. Maintains direct accountability for all financial statements and reports.

5. Regularly reviews effectiveness of accounting and cash management systems.

6. Prepares or reviews reports to all regulatory and review bodies including DICO, FSCO, internal auditors, external auditors and the Board of Directors.

7. Researches, prepares and presents strategies to the CEO in relation to policy positioning, interest rates and asset/liability management.

8. Approves investment proposals in accordance with approved financial limits.  Reviews the viability of the investment portfolio in conjunction with technical experts and makes revisions to improve return within acceptable risk levels. Determines overall investment policy in conjunction with the CEO. Provides direction to all senior credit union staff in all areas relating to the application of the rate structure.

9. Monitors all credit union expenditures and ensures effective cost control measures are maintained.  Approves capital expenditures within approved budget parameters.

10. Maintains direct accountability for all financial statements and reports generated by the credit union.  Regularly reviews effectiveness of accounting and cash management systems and ensures systems are revised where necessary to maintain integrity.

11. Establishes and maintains contact with regulatory agencies.  Prepares or reviews reports to all regulatory and review bodies including DICO, FASO, internal auditors, external auditors and the Board of Directors.

Qualification for Recruitment:

1. Canadian university degree with an emphasis on finance and investments.

2. CA or CMA or CGA Designation a requirement.

3. Five years progressive experience with a financial institution, ideally with a Credit Union.

4. A knowledge of the Polish language an asset.

5. Highly proficient with such supplications as Excel, Power Point and Financial Modeling applications.

6. Proven ability to supervise and manage the Accounting Department Staff.

Qualified candidates should forward their resume and cover letter to Tomasz Falfus, Human Resources Manager at falfust@polcu.com