Deputy Chief Financial Officer

This position assists the CFO with directing the fiscal functions of the NHIB in accordance with International Financial Reporting Standards (IFRS) and any other financial management techniques and practices appropriate within the health and insurance industry.

DEPUTY CHIEF FINANCIAL OFFICER

Scope:

Under the general direction of the Chief Financial Officer, the Deputy Chief Financial Officer is responsible for managing and coordinating the work of the Finance Division comprised of Accounting, Budgeting, Cash and Payroll. The Deputy CFO shall ensure proper accounting and financial reporting of all activities in accordance with International Financial Reporting Standards (IFRS), sound business practices, and relevant regulations. This position also ensures effective systems of internal control to safeguard the NHIB assets.

Essential Duties:

• Oversees performance and service delivery standards in the accounting department and assisting the CFO with the operations of the Department.
• Managing, monitoring and assessing the achievements/outputs detailed in the department's work plan.
• Developing proposals and implementing strategies to mitigate risks and align the department to achieve its mandate.
• Supervises the department’s staff by assigning work schedules, monitoring progress, mentoring staff and promoting their professional development, appraising performance, Identifying and recommending training for staff, and recommending disciplinary action where identified.
• Working with goals/indicators to ensure performance and targets are achieved.
• Ensuring that all Public Finance Legislation and Ordinance are followed.
• Assisting the CFO with managing the cash flows and banking agreements.
• Assisting the CFO with tasks, including but not limited to planning, development, implementation, direction and evaluation of the NHIB’s fiscal functions and performances.
• Assisting the CFO with monitoring identified financial and administrative risks and reporting on same;
• Assisting the CFO with providing timely and accurate analysis of budgets, financial reports and financial trends in order to support the CEO and the Board in performing their responsibilities.
• Assisting the CFO in developing, implementing and enforcing financial policies and procedures that will improve the overall operation, efficiency and effectiveness of the NHIB.
• Assisting with the timely completion of the financial statements and audit process.
• Ensures the confidentiality and security of all financial files.
• Leads the conduct of Monthly Accounts Receivable and Accounts Payable Review
• Perform other duties as assigned by the immediate supervisor or any other person authorized to give instructions or assignments.

Skills/Qualifications:

• Bachelor’s Degree in Accountancy or equivalent from an accredited tertiary institution plus six (6) years post qualification experience in a Senior Management position in Public Sector Accounting/Finance.
• or
• Master’s Degree in Accountancy or equivalent from an accredited tertiary institution plus four (4) years post qualification experience in a Senior Management position in Public Sector Accounting/Finance.
• Professional Accounting qualification (CA, ACCA, CPA or equivalent).
• Must be able to use Microsoft Office Suite (Word, Excel, Power Point etc)
• Excellent team player with team building skills.
• Excellent writer and oral communication skills.
• Ability to deliver to strict deadlines and to work under pressure
• Experience with Microsoft Dynamics GP will be an asset.
• Awareness of business trends
• Experience with general ledger functions and the month-end/year end close process
• Experience with risk management and risk reporting
• Accuracy and attention to detail
• Aptitude for numbers and quantitative skills

SALARY 

Salary will be commensurate with qualifications and experience $83,187.00 per annum.