Director Finance Treasury

, BC, Canada

SASCU Financial Group

Director, Finance & Treasury

THE ORGANIZATION:  SASCU FINANCIAL GROUP

With operations in the Southern Interior of BC, Salmon Arm Savings and Credit Union (“SASCU”) is a forward looking, community hearted financial organization driven to provide world class products and services. With five established locations, including wealth management and insurance subsidiaries, SASCU is continuing to grow in size, offerings, and quality and continues to be the number one financial institution of choice for businesses and residents in the Shuswap region.

Established in 1946, SASCU has been helping local residents achieve their financial goals for more than 70 years. Originally formed by local orchardists who recognized that they all would grow stronger by reinvesting in the community, they have held onto SASCU’s co-operative roots. SASCU communities and its members continue to prosper under this co-operative philosophy and unique credit union structure: Its members are also its owners and its customers.

SASCU Financial Group offers a broad range of personal and business financial services through SASCU Credit Union and its three lines of business, SASCU Insurance, SASCU Wealth and Commercial banking. Credit Union branches are in Sicamous, Sorrento and Enderby, plus two in Salmon Arm, and the organization’s growth continues with nearly 20,000 members, 150 staff, and over $1 billion in balance sheet assets.

To learn more, please visit SASCU Financial Group’s website .

THE REGION:  SHUSWAP REGION

In the heart of interior British Columbia, lies the picturesque Shuswap region, a land of stunning natural beauty and abundant recreational opportunities. Characterized by its shimmering lakes, rolling hills, and dense forests, the Shuswap is a haven for outdoor enthusiasts year-round. The region is named after the indigenous Secwepemc (Shuswap) First Nations people who have inhabited the area for thousands of years, honoring their deep connection to the land and waterways.

At the heart of the Shuswap lies the charming city of Salmon Arm, a vibrant community of 18,000. Situated on the shores of Shuswap Lake, Salmon Arm offers residents and visitors alike a perfect blend of small-town charm and modern amenities. The city’s bustling downtown core is dotted with quaint shops, cozy cafes, and local galleries, inviting exploration and discovery at every turn.

One of the defining features of Salmon Arm is its strong connection to nature, with outdoor activities such as boating, fishing, hiking, and skiing drawing enthusiasts from far and wide. Whether it's cruising along the crystal-clear waters of Shuswap Lake, hiking through pristine wilderness trails, or hitting the slopes at nearby ski resorts, there's no shortage of adventures to be had in this idyllic area of British Columbia. With its stunning scenery, rich cultural heritage, and endless recreational opportunities, the Shuswap region and Salmon Arm truly embody the best of what Canada's great outdoors has to offer.

THE OPPORTUNITY:  DIRECTOR, FINANCE & TREASURY

The Director, Finance & Treasury reports directly to the Vice President, Finance. The Director, Finance & Treasury is a senior-level position responsible for overseeing SASCU’s financial operations and related functions. Working under the direction of executive leadership, the Director plays a key role in shaping and implementing financial strategy and objectives, ensuring that financial practices align with SASCU’s risk appetite and goals. The Director is also responsible for leading and coaching finance teams to enhance overall organizational performance.

Specific Accountabilities

Corporate Management:

• As a leadership team member, contributes to the development of annual business plans and goals;

• Provides expertise on a variety of strategic initiatives, projects, and committees to achieve SASCU goals.

Financial Management:

• Oversees the overall internal control environment of the finance function, including the integrity and accuracy of financial reporting, finance and corporate record keeping, and compliance with regulatory and audit control requirements;

• Leads and monitors the operating and capital budgeting process, ensuring internal controls and departmental accountability are in place; ensures effective variance analysis and reporting, and oversees corrective action-planning;

• Ensures compliance with credit union and broader financial industry legal and regulatory frameworks; key liaison with internal and external auditors, overseeing audit preparation and schedules;

• Directs the preparation, review, and approval of individual entity and consolidated financial statements and reports used by the Executive Leadership Team, Board of Directors, and regulatory agencies;

• Provides insight into financial reports by identifying key variances, anomalies, and financial issues;

• Monitors industry trends and innovations, researching and recommending enhancements to financial policies, procedures, processes, and financial systems that will drive efficiency and enhance capabilities; directs the implementation of changes as required.

Treasury Leadership:

• Develops, implements, and monitors treasury strategies including Liquidity Framework, Investment and Lending Policy, and Derivative Policy; ensuring all reporting processes including those of a regulatory nature are completed and all trends identified and analyzed; ensures all external liquidity regulations and internal policy limits are met;

• Acts as an advisor to the Asset and Liability Committee (ALCO) and facilitates decision making through the provision of technical advice, support, and recommendations on a broad range of treasury activities; identifies potential market and interest rate risk for review and action;

• Leads pricing function by administering interest rates and foreign exchange for existing products and services, recommending pricing for new products and services, provides rate quotations for large term deposit bid and foreign fund amounts;

• Manages financial risk management and regulatory reporting for liquidity, capital and interest rate risk;

• In consultation with the Vice President, Finance, negotiates and executes financial contracts with other financial institutions;

• Ensures all treasury related procedures are documented for consistent application;

• Analyzes industry best practices to identify opportunities for improvement in treasury activities.

Managerial Leadership:

• Provides leadership to Accounting and Facilities departments, ensuring they have the tools, skills, and support needed to be successful in achieving individual and departmental goals;

• Continually develops of the Accounting and Facilities teams through regular coaching and training to drive engagement and enhance team performance;

• Leads direct reports through the annual performance management process using goal setting, interim reviews, coaching, and feedback and year-end reviews to improve results;

• Participates in talent management planning to ensure business continuity and to develop future leaders across the organization;

• Role models SASCU’s organizational values and leadership competencies.

Qualifications

• Chartered Professional Accountant (CPA) designation;

• Minimum of 6-7 years experience in progressively more complex financial and leadership roles in the financial services or credit union industry;

• Well developed and demonstrated knowledge of business and management principles, including financial planning and analysis;

• Experience overseeing budgeting, financial analysis, treasury, payroll, and accounting functions;

• Strong leadership and team management skills showing ability to motivate and guide team to achieve goals and improve performance;

• Strong understanding of Risk Management processes;

• Strong analytical skills to interpret financial data, identify trends, and provide insights for decision-making;

• Working knowledge of Microsoft Dynamics (Great Plains) accounting software;

• Strong organizational and project management skills;

• Strong problem-solving skills to address complex challenges and make appropriate decisions.

Competencies and Personal Characteristics

Leadership – Achieves desired organizational results by encouraging and supporting the contribution of others; a proactive and positive team player who acts with a sense of urgency and leads by example; sets and communicates clear goals.

Accountable – Holds self and others accountable for responsibilities; focuses on results and measuring attainment of outcomes in a business focus.

Strategic – Develops a plan in support of organizational strategic direction. Demonstrates an understanding of the link between one’s job responsibilities and overall organizational goals.

Integrity and Honesty – Demonstrates a resolute commitment to and respect for the spirit behind the rules and core values of the organization, setting an example of professionalism and ethical propriety.

Influential and Collaborative – Has an open and consistent approach to working with others and possesses strong interpersonal skills, with the ability to build relationships and develop/maintain partnerships, obtaining stakeholder agreement.

Creativity and Innovation – Develops new insights into situations; questions conventional approaches; encourages new ideas; designs and implements new or cutting-edge programs/processes.

Effective Working Relationships – Treats colleagues, and stakeholders with respect; resolves conflicts in a timely manner, negotiates effectively, and provides effective feedback to colleagues/employees.

Communication – Clearly presents written and verbal information; writes with clarity and purpose; communicates effectively in both positive and negative circumstances; listens well.

People Development – Fosters learning and development of others through coaching, managing performance and mentoring; has a genuine desire to develop others and help them succeed; formally and informally recognizes deserving staff and colleagues.

Stakeholder Focused – Anticipates and attends to the needs of internal and external stakeholders of the organization; keeps stakeholder interests in the forefront.

COMPENSATION:

A competitive compensation package will be provided including an attractive base salary range of $127,230 - $159,038 , variable incentive compensation and excellent benefits. Further details will be discussed in a personal interview.

To apply, please visit our website .

FOR MORE INFORMATION, PLEASE CONTACT:

James Cheng, Julian Manchon, or Greg Longster

LEADERS INTERNATIONAL EXECUTIVE SEARCH

#880—609 Granville Street

Vancouver, BC V7Y 1G5

Phone: (604) 688-8422

Email: [email protected]

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