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The Canadian Forces Morale and Welfare Services (CFMWS) is a social enterprise that provides a wide range of morale and welfare services to the Canadian Armed Forces (CAF), primarily through three business lines – Commercial Services, Personnel Support Programs (PSP) and Military Family Services (MFS). The Finance Division provides financial and accounting services to the organization. Service delivery consists of a presence at CFMWS Headquarters, a National Office at Canadian Forces Base Borden as well as local representatives at bases and wings throughout the CAF.
The Chief Financial Officer (CFO) is reporting directly to the Chief Executive Officer of CFMWS. The CFO is responsible for the provision of comprehensive financial and accounting services for all Canadian Armed Forces’ Non-Public Property activities, including financial stewardship, assessing financial risks and opportunities, and the investment management of the Canadian Forces Central Fund. The CFO holds fiduciary responsibility for over $500M of annual NPP cash flow and market investments in excess of $1B. The CFO is also involved in maintaining effective relationships with CFMWS senior management, the Canadian Armed Forces General Officer leadership, industry executives and executive level government officials.
The list of responsibilities for this position includes: overseeing and direction of accounting operations, business planning, forecasting and management, and financial reporting & analysis in support of the CFMWS strategic plan and management priorities; overseeing the Non-Public Property Funds policy framework, which governs in excess of one thousand three hundred trust accounts and providing risk management services.
The CFO will be a seasoned senior financial professional, who has gained their experience ideally within both a corporate and public sector environment. He will hold a Chartered Professional Accountant (CPA) designation and an MBA degree will be considered an asset. In addition, he will have a knowledge of Non-Public Property and Government of Canada public accounting principles, a strong understanding of investment management concepts best practices. He will have experience in short- and long-term planning, change management, assessing risk and opportunities and commercial business or social enterprise financial operations. He must be proficient in both official languages.
This is a role for an empathetic and energetic leader possessing outstanding character and demonstrable passion for excellence. They must demonstrate strength of character, personality and intellect. The CFO must be an influencer and effective communicator with the ability to build partnerships, motivate staff and encourage teamwork and collaboration. He will display excellent judgment, tact and discretion as well as high energy and drive. Creative, he will be a proven integrator.
In this document, the use of the masculine gender to designate persons has no other purpose than to lighten the text.