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Current Opportunities

Chief Financial Officer – Confidential Client


Our client is a junior to mid-size oil & gas producing corporation with assets based in Alberta and British Columbia.  They are a wholly owned subsidiary of an international publicly traded company.



Job Title: Chief Financial Officer

Reports to: Chief Executive Officer

Direct Reports:1 Direct (Financial Controller). 9 Indirect

Location: Calgary, AB



Reporting to the Chief Executive Officer (“CEO”), the Chief Financial Officer (“CFO”) is responsible for planning, directing, and managing all financial and accounting aspects of the company. This includes providing excellent financial leadership, support, and information for timely and accurate decision-making by all stakeholders in a way that allows management and the Board of Directors to make decisions to maximize return on investment for the company; allow investors to make informed decisions; and enable management to foresee significant financial challenges or opportunities.

The CFO works closely with the Chief Executive Officer (CEO) and Chief Operating Officer (COO), to define the strategic financial objectives and business strategies for the company; plan, manage, and carry out a course of action to achieve these objectives and ensure that the company has the financial ability to execute its business plan.

The CFO will be an integral part of the leadership team; and will be a strong voice in helping make key decisions for the overall operations of the company. The CFO will manage and provide stewardship for overall Corporation’s asset integrity, regulatory compliance, and good petroleum industry practice for upstream assets.

Key Accountabilities

Strategic Leadership

  • As the senior financial leader manage the companies accounting and treasury functions, ensure compliance with, and interpretation of financial control and reporting requirements
  • Assist in formulating the company’s direction and strategies through a robust business planning process and advise the CEO on the financial implementation of strategic issues
  • Accountable for Corporation financial and statutory reporting, including external quarterly and annual reports and any issuance of financial information.
  • Develop financial and tax strategies. Present financial results and complex issues to senior management and the Audit Committee of the Board of Directors.
  • Monitor all open legal issues involving the company, and legal issues affecting the industry
  • Ensure that the company complies with all legal and regulatory requirements
  • Understand and mitigate key elements of the company’s risk profile
  • Report risk issues to the audit committee of the board of directors

Fiscal Accountability

  • Review, develop and implement policies, processes and control for the effective operation of the financial functions. Review, revised and implement best practices for all accounting and financial control
  • Monitor business results on a monthly basis and provide presentation of the financial results to the CEO and the Board
  • Manage the capital request and budgeting processes
  • Develop performance measures and monitoring systems that support the company’s strategic direction
  • Provide financial support to the Business Units
  • Develop and implement audit plans and recommendations. Liaise with internal or external auditors. Provide feedback to the CEO and Board as appropriate.
  • Manage the accounting, human resources, investor relations, legal, tax, and treasury functions
  • Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package
  • Supervise acquisition due diligence and negotiations
  • Monitor and manage cash balances and cash forecasts
  • Maintain banking relationships



Success in the first year will be determined by the candidate’s ability to:

  • Develop a strong, trusting relationship with the CEO, COO, parent company and Board ensuring one of communication and transparency
  • Develop, in conjunction with the CEO, a growth strategy to optimize and expand on producing assets
  • Review, and where appropriate revise, the existing long term strategic plan and short term annual planning documents in order to establish meaningful goals and performance indicators that will accurately measure success, by the team in achieving the plan
  • Develop a high-performing accounting and finance team
  • Utilize business analytics and established KPIs to make timely business decisions



The successful candidate will have the following:


  • Canadian CPA (CA, CMA, CGA) designation is required


  • Minimum of 10 years’ progressive senior financial management experience in an oil and gas operating environment
  • Experience working for a publicly traded organization would be an asset
  • Experience in stock IPO and listing would be an asset
  • Experience with mergers and acquisitions would be an asset
  • Strong understanding of corporate finance and performance management principles
  • Ability to make recommendations and provide analytical insight and interpretation of complex financial data to senior management in a clear and concise manner

Competencies and Attributes

  • An entrepreneurial mindset with outstanding organizational and leadership skills
  • Keen perception about oil and gas industry trends as well as macro-economic factors affecting the oil and gas industry
  • Excellent analytical abilities and problem-solving skills
  • Excellent written and oral communication skills combined with a personable demeanor and collegial approach to business
  • “Hands on”, roll up the sleeves leadership style and approach
  • Entrepreneurial, growth minded and self-motivated with a high level of enthusiasm and energy, coupled with a strong work ethic and genuine pride in work
  • Ability to manage a strong team while taking direction from the parent corporation
  • Acumen in technical and business aspects of the industry combined with a willingness to debate, challenge and listen to others; be open to different views and perspectives to arrive at the best decision and solutions
  • Goal-oriented and a demonstrated ability to gather and analyze data, ability to develop a plan/ strategy to move the organization forward
  • Strong financial skills, organized, detail-oriented, and disciplined approach to delivering targets on time
  • High standards of ethics and a focus on safety and the environment



Our client is committed to equity, diversity and inclusion and recognizes that a diverse team benefits and enriches our work and is essential to operational excellence. We welcome applications from all qualified individuals and encourage women, members of racialized communities, Indigenous persons, persons with disabilities, and persons of any sexual orientation or gender identity to confidentially self-identify at time of application. In accordance with provincial legislation, accommodation will be provided by Optimum Talent and our client throughout the recruitment, selection and/or assessment process, upon request, to applicants with disabilities. All qualified candidates are encouraged to apply.

How to Apply:

Please send your resume in Word or PDF format to: Copy and Paste the following job title and code and place it in the subject line of your email so we can identify the job and confirm receipt of your application:
ARBI-608336 Chief Financial Officer – Confidential Client - AB - Calgary and Area (OTIAPPLY)

Please note that only those candidates meeting the selection criteria, established by our client, will be contacted further. Although we may not contact you directly for this particular role, all applications will be reviewed as we would like to consider you for future opportunities that may be appropriate. We encourage you to continue to visit our website at as our opportunities are updated on a regular basis.