Chief Financial Officer

Position Summary

Reporting to the Deputy CEO, the CFO is responsible for the prudent administration of all aspects of the Corporate Services management and planning functions. The role is also accountable for providing high quality strategic and operational direction and leadership with respect to services provided by the various departments within Corporate Services.

The CFO is responsible for planning, directing and overseeing all activities of the Corporate Services staff to ensure a high level of performance, quality and customer service orientation. In support of the TTC's goals, this position establishes and consolidates related budgets, goals and objectives. These areas include: Finance, Business Management & Performance, Procurement & Category Management, Materials Management, and Commercial Management.

Scope & Responsibilities

The duties of this role will include but are not limited to the following:

• Strategically plan, direct and manage the work of the Corporate Services Group to ensure effective and efficient operations/services
• Ensure the development of detailed strategic Goals and Objectives for Corporate Services that are consistent with the overall TTC direction and pursuant to the Corporate Plan
• Develop and/or oversee the development of Corporate Services policies, procedures, programs, guidelines and standards in the best interests of the TTC and in accordance with all applicable legislation
• Ensure timely reporting of financial and performance results including any significant cost, security, safety or human resources management issues to the Chief Executive Officer or other Senior Managers as appropriate
• Oversee and provide active leadership to staff in the various departments of Corporate Services and ensure a high level of performance, quality and customer service is provided
• Ensure accountability at management and professional levels; development of technical and supervisory competence and succession planning through internal development and promotion, or external hiring as required

• Provide consultation, direction, advice, guidance and technical expertise regarding complex financial and administration issues
• Promote and maintain professional working relationships and strong communication channels among TTC staff, management, union officials as well as various external stakeholders
• Ensure all policies and standards of the TTC are adhered to by all employees within the various departments of Corporate Services
• Oversee and direct the development of an appropriate operating and capital budget
• Develop an effective Corporate Services organizational structure that implements approved budgets and annual Goals and Objectives
• Monitor and adjust business activities to manage within budget allocations and in the best interest of the TTC
• Ensure required reports are submitted, and available for review and analysis to assist in planning, estimating and cost control

Key Skills & Expertise

• Comprehensive knowledge in the delivery and management of corporate services in a large organization, preferably in the public/government sector
• Extensive knowledge in strategic planning and generally accepted accounting principles; financial/budgeting practices, concepts and techniques; financial analysis and forecasting
• Thorough knowledge of policies and government legislation applicable to all areas of responsibility
• Extensive knowledge of business administration, strategic, fiscal and human resources planning
• Sound judgement, highly developed strategic planning, organizational, decision-making, interpersonal, oral and written communication skills
• Superior analytical, problem solving, facilitation, negotiations and presentation skills

• Proven record in formulating complex budgets, strategic goals and objectives, policies and long range programs
• Ability to coordinate diverse areas of responsibility with due regard for quality, quantity, effectiveness and deadlines
• Must be decisive and be able to effectively manage in a rapidly changing environment
• Must be a strong leader and have the ability to effectively lead and manage a multi-disciplinary team resulting in a work environment conducive to positive employee morale, a commitment to customer satisfaction and high delivery of service
• Extensive prior managerial experience, preferably in a unionized public sector environment
• Must have or rapidly acquire a comprehensive knowledge of the Ontario Human Rights Code and Related Orders including disability accommodation and accessibility requirements

Education & Accreditation

• Master's degree in business administration or an equivalent discipline combined with extensive and progressively responsible experience at a senior management level
• Professional accounting designation is required
• Recognized professional director's designation would be an asset

Core Competencies

• Strategic Mindset, Critical-Thinking / Systems Thinker
• Problem-Solving and Solutions-Oriented
• Passion and Enthusiasm
• "Make it Happen" Approach
• Strong Ethics and Integrity
• Flexibility and Adaptability
• Coaching, Mentorship and Empowerment
• Adaptability and Change Management
• Negotiation and Influencing Skills
  

Application Process

Kindly note, Mandrake Management Consultants will be leading the full recruitment process for this position. All candidates both internal and external are to apply directly to Mandrake for consideration.

All qualified candidates can submit their resume and cover letter to Charles M. Lennox, Mandrake Management Consultants via email: cmlennox@mandrake.ca