July 2007 Edition: FEI Canada Xpress


FEI Canada News

Dear Members,

Vic Wells

It has been an eventful start to a new fiscal year. A key member of our management team, Sharon Gareau – Director of Events, has resigned from FEI Canada to pursue new opportunities in Prince Edward Island. Over her three year tenure here, Sharon has been critical to ensuring the success of all FEI Canada events. Her insights into strategic management have also been invaluable and her contribution to this organization will be remembered for many years to come. Those who had the opportunity to meet and work with Sharon, are likely to best remember her for her diligence, integrity and commitment to the job, not to mention the warmth, humor and charm she became known for along the way. She will be missed by many. On behalf of FEI Canada, we wish her the best of luck in her new endeavors. While we're sad to see Sharon leave the organization, we are equally pleased to welcome a new individual into her role.

It is my pleasure to announce that Ms. Cameal Prince will be taking over the role of Director of Events, effective immediately. Cameal is a professional event manager with substantial association management experience. Inspired by her love for entertainment and art, Cameal discovered her passion for Event Planning while employed as an Education Coordinator for Canada's largest professional financial association. In that capacity, she coordinated a portfolio of over 75 events annually across Canada, including industry conferences, tradeshows, seminars and gala celebrations. She has a Bachelors Degree in Business from the University of Ottawa and a Certificate in Event and Meeting Management from George Brown College and recently earned the internationally recognized Certified Meeting Professional (CMP) designation. The CMP designation, presented by the Convention Industry Council, is the meeting industry's international badge of excellence designed to enhance the knowledge and performance of meeting professionals. Cameal is a member of Meeting Professionals International (MPI) and is an active member of the Professional Development and Special Events Committees.

This July also saw a change in the management of the Canadian Financial Executives Research Foundation. On behalf of FEI Canada, I would like to thank Heather Bell, Executive Director of CFERF who has left the organization to pursue other interests. Heather was instrumental in forwarding the agenda of CFERF during her time here, successfully launching the "Best Conference Paper Award" , the Annual CFERF Research Paper Grant and the Pensions Survey project. She was also integral to the successful establishment of CFERF Board Committees and made important inroads into promoting CFERF to the Canadian academic community. We wish Heather all the best in her future pursuits.

Going forward, we are pleased to announce that Ramona Dzinkowski will resume the role of Executive Director of CFERF. Ramona has substantial experience with FEI in Canada and the United States, and has served both these organizations in a variety of capacities. As past Vice President of FEI Canada and Executive Director of CFERF, she has extensive knowledge of the workings and strategy of our organization and has had the opportunity to collaborate with many of our members on numerous projects. Ramona is a professional economist completing a Master's Degree in Economics from the University of Toronto and Doctoral coursework at the University of London, UK. In her capacity as an economist she has worked with several prominent think tanks around the world including The World Economic Forum, The World Bank, and the Economist Group. She is also widely known for her contribution to the financial and strategic management literature and has published with many accounting and finance associations in Canada, the United States, Europe, Australia, and Hong Kong. She is also an award winning business journalist and has been twice nominated as the Canadian Business Journalist of the Year. In addition to her work in strategic finance and economics, Ramona is the author of a book on Intellectual Capital and Knowledge Management. She is known internationally as an expert in the area of knowledge management and is a sought after speaker and advisor on emerging issues in strategic financial management.

We hope that all members will feel free to introduce themselves to the new members of our management team, become actively involved with the National technical committees of FEI Canada, and attend our seminars and events in the coming year. We have a quality Breakfast Seminar Program lined up for the 2007/2008 seminar season, and again look forward to an excellent conference in Jasper next June.

On behalf of the staff of FEI Canada National Office, I look forward to your ongoing participation in FEI Canada, and yet another excellent year!

Vic Wells
President, FEI Canada.


A Message from the Chair 2007Kathy Stevenson

It has been my pleasure to serve as the FEI Canada Chairman for 2006/2007. I believe our accomplishments over the past year have helped support FEI Canada's position as the premier association for senior financial executives in this country. Our membership has continued on it's trajectory of strong year over year growth, with 281 new members joining FEI Canada in fiscal 2006/2007. At the same time, FEI Canada boasts a membership retention rate of over 90%, which is well above association industry norms. Much of this growth can be attributed to the attractiveness of our Breakfast seminar and conference programs, local Chapter involvement and events, the quality of our overall content, benefits package, and the offer of one free FEI Canada conference upon joining our organization. Over the past year we have also worked to enhance the value proposition of our membership through the continued development of our "Affinity Centre" which offers special product and service discounts to FEI Canada members. Through our two national technical committees, the Issues, Policy and Advisory Committee and the Committee on Corporate Reporting we continue to make an important contribution to the standards setting, securities regulation, and policy making agenda in Canada.

2007 also marked the inaugural year of operation for the Canadian Financial Executives Research Foundation (CFERF) which was granted charitable status this May. During it's first year, CFERF awarded "The Best Conference Paper Award" to Professor Michael Gibbons for his work on "Corporate Reporting Beyond GAAP Financial Statements." A second research grant was awarded to " Dr. R. Pollanen for her paper " Implementing Regulatory Internal Control Requirements: An Enterprise Systems Perspective". CFERF has also completed a pensions survey with co-sponsors Aon Consulting and Benefits Canada.

In addition to enhancing the value proposition of the membership, many other goals and objectives were developed throughout the year, culminating in the Three Year Strategic Plan for FEI Canada. Priorities were set to help ensure that FEI Canada continues to be an influential, member driven organization that facilitates the sharing of knowledge, the development and dissemination of informed opinion, the recognition of integrity and excellence, and the formation of communities of interest among financial leaders through an engaged member network. To improve and grow over the next three years we will continue to develop excellence in financial leadership through education, recognition, and idea exchange. We will also focus on building profile for the organization through a concerted public relations efforts, by implementing changes to our data management systems that will allow us to better understand the demographic of the membership, by streamlining our administration to allow for a seamless membership renewal process, and by ensuring effective coordination between local chapter and national office initiatives.

We are proud of our success and excited about our future. It is with this spirit that I welcome Louis O'Brien to the Chairmanship of FEI Canada for 2007/2008.

Kathy Stevenson
Chairman of the Board, (2006/2007)
FEI Canada


FEI Canada - Chairman of the Board 2007/2008.Louis O'Brien

It is with great pleasure that FEI Canada elects Louis F. O'Brien p. eng. M.B.A. ICD.D, to the position of Chairman of the Board for 2007/2008. Mr. O'Brien is a long standing member of FEI Canada, and is the Senior Vice President and President of the Parcels Division, Canada Post.

In addition to his day-to-day responsibilities, Mr. O'Brien is:

Previous to joining Canada Post Corporation, Mr. O'Brien was Vice President, Corporate Planning for Irving Group of Companies; Treasurer and CFO for Fleck Manufacturing Inc.; and Finance Department Manager, Procter and Gamble. Mr. O'Brien is a professional engineer, with an MBA in Production and Finance from Queen's University. He has received the ICD.D designation from the Institute for Corporate Directors.


September Breakfast Seminar - Getting Ready for IFRS – Top Ten Actions to Take Now

Sponsored by KPMG
KPMG

Mark your calendar for our next National Breakfast Seminar series in September, Getting Ready for IFRS – Top Ten Actions to Take Now. Is your organization a Canadian publicly traded company or a publicly accountable enterprise that will report under IFRS? If it is, you'll be interested in knowing what you should be doing now to set yourself up for a timely, well-organized and effective transition process.

Converting to IFRS is far more than just an accounting change – it has implications not only for financial reporting, but also for management reporting, budgeting and forecasting throughout the organization. The finance function will certainly be at the centre of the action, but you will also want to access resources from other parts of the business in developing and then implementing your transition plan.

In this series, we'll help you to examine some of the IFRS standards themselves, so you'll learn how to identify the ones most likely to create challenges for your organization. We'll also focus on the process of change. Many of the "top ten actions" that we'll discuss actually come from the lessons learned by international companies that made the change in 2005, and by AIM listed companies who are currently making this conversion. In certain locations, Canadian CFOs who are moving along in their transition will also share their experiences with us.

Please note that these breakfast seminars will run until 10:00 am as opposed to our usual 9:30 finish. Registrations for the Seminar will be updated soon. For further information please contact Marita Dias at mdias@feicanada.org.


CFO TV – programming schedule

Please note that attendance at FEI Breakfast Seminars and our Annual Conference qualifies for Continuing Professional Development credits.


Membership Services

The Economics of Affinity

The Member Value Program (MVP) is reborn as "The Affinity Centre".

Access to discounts on products and services available to members can be decisive in the member's decision to join FEI Canada or renew their membership. It is the economic side of your membership.

With opportunities to save money on things like special rates from thePersonal on home & auto insurance, discounted Blue Jays tickets and special offers from the Ottawa Senators, your membership brings value on a personal level. We have also highlighted those programs available through FEI US including Hertz, AVIS and Starwood Hotels.

For more information on these programs or if you want to become an Affinity Provider with FEIC, contact: Christopher Sheedy, Director, Membership & Chapter Relations
csheedy@feicanada.org or at 416-366-3007 x5103


July's Featured Affinity Partner
FEI Canada Corporate Discount Program

The toronto Blue Jays

Toronto Blue Jays

Up to 25% off home games*

Traveling to Toronto soon? Want to see a ball game?
The Toronto Blue Jays, Canada's only Major League baseball team, is offering
FEI Canada members and their families discounts for home games.

Tickets for HOME GAMES are now up to 25% off!

PURCHASE ONLINE!

The discount can be redeemed on the Blue Jays website (www.bluejays.com). To reach the corporate discount page, first click on the "Tickets" link at the upper right of the screen. Once the new page is loaded, select the "Corporate Discounts" link on the left side of the page.

The PROMOTION CODE for FEI Canada is GP-FEIC07

Home games not available for purchase online can be accessed by FEI Canada Members by calling: Koji Hasegawa 416-341-1475 OR Email to: Koji.Hasegawa@bluejays.ca

Ticket Discounts available on Club 200 Baselines and Field Level Baselines seats through the Blue Jays

FEI Canada Members, Family and Friends can take advantage of this special offer:

All tickets are based on availability


New Member Welcome

A warm welcome to 14 new members who joined in July 2007! Our thanks to all the members who have recommended their colleagues and friends.

Mr. Grant L. Assman,
Senior Vice President, Finance and Administration, Aon Reed Stenhouse Inc.,
Toronto Chapter

Mr. Jeff D. Bergal,
Vice President and Chief Financial Officer, Assiniboine Credit Union Limited,
Winnipeg Chapter

Ms. Susan L. Birch,
Corporate Controller, Redcorp Ventures Ltd,
Vancouver Chapter

Mr. Brian Callaghan,
Vice President, Finance & Controller, Liquidation World Inc.,
Calgary Chapter

Mr. Chris Clark,
Director, Finance, Medical Ventures Corp.,
Vancouver Chapter

Ms. Joanne C. Dykeman,
Director, Finance, Halifax Port Authority,
Atlantic Chapter

Mr. Yves Gauthier,
Senior Vice President & Chief Financial Officer, Desjardin Securities Inc.,
Québec Chapter

Ms. Mona L. Hale,
Vice President, Finance & Controller, Prairie Mines & Royalty Ltd.,
Edmonton Chapter

Mr. Todd G. McIntosh,
Acting Vice President, Finance & Chief Financial Officer, Greater Toronto Airports Authority,
Toronto Chapter

Mr. Christian Nantel,
Vice President, Finance & Administration, Clariant (Canada) Inc.,
Québec Chapter

Mr. Richard Perri,
Chief Financial Officer, Pitney Bowes of Canada Ltd.,
Toronto Chapter

Mr. Feaz Rahim,
Senior Director, Group Results, Barrick Gold Corporation, Toronto Chapter

Ms. Jane T. Voll,
Vice President, Policy Development & Chief Economist, Insurance Bureau of Canada,
Toronto Chapter

Mr. Ewan R. Wilding,
Vice President, Internal Audit Services, Intrawest Corporation,
Vancouver Chapter


Members in the News

Glenn R. Hynes
(Atlantic Chapter) former Executive Vice President & Chief Development Officer of Sobeys Inc. is now the Chief Financial Officer of Gammon Gold Inc.

Dean Chambers
(Toronto Chapter) is now the Managing Director, Finance of Sherritt International Corporation.

Michael O. Moran
(Toronto Chapter) formerly of Pitney Bowes of Canada Ltd. is now the Vice President, Finance of ADP Canada Employer Services.

P. Bruce West
(Toronto Chapter) is the Senior Vice President, Finance & Chief Financial Officer of The Co-Operators Group Limited.

Peter Papagiannis
(Toronto Chapter) is now the Chief Financial Officer & Treasurer of Ontario Realty Corporation.

Sean Bovingdon
(Calgary Chapter) former Chief Financial Officer of Fuel-x International Inc. is now the Vice President, Finance & Chief Financial Officer of Great Plains Exploration Inc.


Résumé Bank

POST YOUR RÉSUMÉ: For FEI members only Make sure Canadian recruiters know who you are! Just 15 minutes is all it takes to complete your Professional Profile and upload your resume. Why not do it today?

FEI MEMBERS: Register for National Career Services by completing your Professional Profile in the Resume Bank. Once we receive your information, a career services representative will confirm your registration and provide additional information about the benefits of the National Career Services program.

SEARCH RÉSUMÉS: For FEI members, retained recruiters and qualified prospective employers Looking for the best senior-level financial talent online? You just found it. Available to retained search firms and qualified employers, the FEI Resume Bank features top-line talent at competitive subscription rates. Check out the details. Then register today!

For more information on this and other jobs and how to apply, visit the FEI Canada Job Center at
http://www.feicanada/careers/jobcenter/

The FEI Canada Job Center is a members-only benefit, Click here to join FEI now


HOT JOBS

Job Title: Research and Communications Manager City: Toronto


POSITION DESCRIPTION

TITLE: Research and Communications Manager
REPORTS TO: Executive Director of CFERF
NAME: Ramona Dzinkowski
START DATE: August 2007
LOCATION: FEI Canada, National Office – 20 Adelaide Street East,
Toronto, Ontario.

 

FEI Canada is a professional association for senior financial executives in Canada. With over 2000 members and 11 chapters across the country, we are the preeminent association providing networking, research, conferences, and educational services to financial executives.

The organization is currently seeking to employ an individual in the capacity of Research and Communications Manager in support of the strategic plan of our National office. This opportunity is appropriate for individuals with a keen interest in research, writing, public relations activities and being part of a management team with broad responsibilities. We offer a competitive salary and benefits package, the room to learn and expand your role in the organization, and the opportunity to collaborate and network with senior level financial executives across the country.

Please submit your Curriculum Vitae to Violet Hunter – vhunter@feicanada.org

The Research and Communications Manager will have the following responsibilities and skill set.

BROAD TASKS OR PROGRAM AREA

REGULAR AND SIGNIFICANT CONTACTS:

Staff of FEI, Committee Members, PR firm

PREFERRED SKILLS AND ABILITIES:

HIERARCHY OF OFFICE, FOR THIS POSITION:

Reporting directly to the ED of CFERF/President FEI Canada

TEAMMATES THAT YOU ASSIST:

ED CFERF, Director of Events, Director of Membership, FEI Canada Controller, FEI Canada President

DESIRABLE ASSETS:

French or other second language would be an asset

Salary Commensurate with experience. Range: 45k-55k per annum.


Job Title: CFO City: Markham

POSITION DESCRIPTION
Reports to: President
COMPANY INFO EDUCATION
Industry: Technology  
Revenue Range: 100 - 499M CA
Company Type: Public  
COMPENSATION
Salary: Competitive base salary $200,000 - $250,000
Bonus: Yes  
Stock Options: Yes  

Position Description

Our client, a publicly traded technology company seeks a CFO who will report to the President and CEO. He/she will be responsible for the financial leadership of the business and will lead the investor relations' function. The ideal candidate brings 10+ years of progressive financial management experience gained in a Canadian publicly traded organization. In addition, he/she will bring a solid track record of success in leading change ie experience in amalgamations, mergers or restructuring. The ideal candidate is comfortable operating in a fast paced, complex business environment. In addition, he/she is a strong team player and will have a passion for continuous improvement.

Contact Information:
Email : twilson@bedfordgroup.com


Job Title: Controller

 

Position Description

Your talent, our client's resources – a powerful combination! (85932)

Our client is a huge contributor to the Oil and Gas industry landscape – their reach within the industry is commanding. Our client requires a seasoned Controller with a first-rate skill set to direct the financial, accounting and reporting activities for their Canadian legal entity. You will be the go-to person for providing analysis of operations to support the established objectives of the company; specifically, the management of the IT for the Canadian operations. This role is absolutely essential to creating synergy within the organization, and requires the successful candidate to be at an expert level in accounting financial systems and have significant experience in a corporate accounting environment. Top performers only please – this is a role for the accounting elite. No…seriously!

This role challenges you to develop and manage the overall accounting systems of the company, and also develop and implement new process and procedure as required. Managing capital project planning and accounting, and determining depreciation rates for capital assets is also a key accountability. Negotiation of property and real estate contracts is required. Forecasting and analysis for the company's financial position is also a large part of this strategic position – you will become a part of the company's long term financial future!

A strong skill set is required to champion this role – do you have what our client needs? Show us what you've got!

This role comes with an excellent compensation package that acknowledges your breadth of experience, as well as a comprehensive benefits package. If you have the above skill set, what are you waiting for? Apply now!

For more on this role, please contact Cam Macmillan immediately at cmacmillan@aplin.com. We thank all those who apply; however, we will only be contacting those short-listed for an interview.

If you read this ad on a job website, we encourage you to visit our website at www.aplin.com for more excellent career opportunities. You can find this ad on our website in the "Accounting & Finance" section in the "Edmonton" location. Please reference job order 85932.


Copyright Notice
Copyright © 2006 by Financial Executives International Canada (FEIC).
All rights reserved. This content is owned by FEIC. This information may be downloaded once but may not be further reproduced, publicly distributed, publicly displayed or otherwise used by any person or entity without approval from Financial Executives International Canada (
www.feicanada.org).

In This Issue

Dear Members
CFO TV
Membership Services
July's Featured Affinity Partner
New Member Welcome
Members in the News
Resume Bank