Job Posting Details

Chief Financial Officer, Synergy Credit Union

Location:Lloydminster, Saskatchewan
Posting Date:April 2, 2018
Closing Date:June 2, 2018
Competition:Comp # 183101
Employment Type:Full-time

Are you our next CFO?

Passion isn’t a word used often when it comes to finance and accounting, but we believe our best CFO will have a passion for:

  • People and leadership

  • Serving as a leader, inside and outside the office

  • Taking action

  • The health and future of our credit union

  • Community and volunteerism

  • How finance and accounting can propel our business forward

About Us:

We are an ambitious credit union, ready to offer the latest services and technologies our industry has available. We always strive to provide a one-on-one experience to our members that inspires confidence in their decision to make us their partner – and we are always looking for ways to make the banking experience more efficient and convenient.

It’s sometimes a misconception that a credit union doesn’t have what some of our bigger competitors have, but the reality is we are right there with them because our members require it.

We also have a deep commitment to our communities. Our team is dedicated to volunteerism and making community investments.

We are the fourth largest Credit Union in Saskatchewan with $1.75 billion in on- and off-balance sheet assets, serving more than 24,000 members and 220 employees.  We provide core banking services through our traditional branch network, the Canada-wide ‘ding-free’ AccuLink ATM network, MemberDirect® online banking, mobile web and app banking, SMS texting, as well as through calling our Member Contact Centre.

The Job:

The CFO is a strategic advisor to the CEO, Board and Executive Team; and is the organization’s guide in the areas of finance and accounting. The position counsels the Board and Members. Externally, the CFO is expected to positively influence system partners, legislators and regulators – ensuring they understand SCU issues, concerns and unique operating environment.

Some key responsibilities:

  • Oversee all financial matters, including investments, financial statements, budgeting, forecasting, treasury, and tax compliance.

  • Ensure compliance with the Credit Union Deposit Guarantee Corporations sound business practices, Credit Union Act and regulations, by-laws, policies, and procedures.

  • Provide financial modeling and forecasting to the Executive Team.

  • Actively establish and maintain a stable DBRS rating.

  • Builds and reinforces strong relationships with our members.

  • Works collaboratively with the Executive Team to maintain the high visibility of this team within our Credit Union and outside.

  • Establish and maintain a culture that reflects Synergy’s values, within the team that directly reports to this position and in the broader teams the role has contact with.

Preferred Qualifications:

Our preferred candidate will possess a related degree, such as finance or accounting, and extensive senior management experience in a credit union or another financial institution. The position requires comprehensive knowledge of financial institutions, including lending and risk assessment. Our future CFO will have a solid finance and accounting foundation related to banking, investments, and lending.

A key skill is anticipating future states and developing strategies that position Synergy favourably – this includes economic forecasts, pending changes in legislation, elections, etc.  Demonstrated business acumen is necessary to navigate the strategic and operational requirements of the role. 

In addition, the following skills are required:

  • Strong skills in Microsoft Excel and PowerPoint;

  • Excellent presentation and facilitation skills, experience presenting to a wide variety of audiences;

  • Effective, clear and concise written communication skills;

  • Ability to hold others accountable;

  • And, the ability to build strong, healthy, and productive relationships.

The Community: 

Lloydminster is located on the provincial border between Alberta & Saskatchewan – 2 provinces, one city.  Approximately two and a half hours between Edmonton and Saskatoon, Lloydminster has good access to major cities and a variety of recreational options – with many nearby lakes, ski hills, parks, golf courses, theatre, sports facilities, and list goes on.  In addition, there is a local college and lots of amenities (shopping and events).  For more information on Lloydminster, visit

To Apply:  Submit your cover letter and resume before the end of day on April 22nd, 2018, to: .  Please quote competition # 183101 in your submission.


We thank all applicants in advance for their interest. Only those under consideration will be contacted.  The successful applicant will be required to undergo a bonding process that includes a criminal record check and credit check.