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PRESIDENT'S CORNER
On the road
In my first Xpress column last month as your new Chief Executive, I pledged to get out and meet with FEI Canada’s members to learn firsthand how FEI Canada can provide you with an even stronger value proposition. In keeping with this promise, this month has been quite a month full of travel!
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The first stop on my tour was Calgary, where Prof. Tony Dimnik and a panel of experts made a great presentation at the National Breakfast Series seminar on The High Tech Future of Finance- Managing Complexity. I would like to thank Microsoft for sponsoring this excellent presentation, copies of which are available here.
After the breakfast, I had the opportunity to meet with Calgary Chapter President James Saretsky and the Calgary Chapter Board to discuss their plans for what is now FEI Canada’s second largest chapter.
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My next stop was Edmonton, where Chapter President Richard Iwaniuk and the Edmonton Chapter Board are trying out some great new ideas including the introduction of a mentoring program where senior CFO members share their experiences one-on-one with members who may be newer to their CFO roles. I then met many Edmonton members at their chapter event, where exciting plans for FEI Canada’s 2008 Conference in Jasper were being discussed by its Chair Jim Drinkwater and Conference Social Committee Co-Chair Blaine Mytruk. It all sounds like it's going to be fun in a fantastic setting, so be sure to reserve June 9th to 11th, 2008 on your calendars for the Jasper Conference! Finally, I was very pleased to catch up with FEI Canada Past Chair Tracey Ball just before she left on a South African vacation.
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My third tour stop was Winnipeg, where Chapter President Brita Chell brought me to their CEO Night at the lovely St. Charles Golf & Country Club. Dr. Lloyd Axworthy, President and Vice Chancellor of the University of Winnipeg, former Foreign Affairs minister, spoke on his transformational plans for the city and University of Winnipeg and about his involvement in the global climate change initiative. I also talked with Michael Benarroch, Dean of University of Winnipeg’s newly-created business school, about their plans to create a Centre of Environmental Finance in support of this pressing issue.
Please click here for Copies of Dr. Axworthy’s presentation.
FEI Canada events sometimes demonstrate what a small world we live in. In Winnipeg, I renewed acquaintances with a member who had been in my First grade elementary school class in my hometown of Montreal. This FEI Canada member was none other than Carol Bellringer, Manitoba’s Auditor General!
The last stop on my Western Canada tour was Vancouver, where I had an excellent dialogue with Chapter President Peter Ballachey, the Vancouver Chapter Board and seven of Vancouver Chapter’s Past Presidents. This Board meeting followed a monthly Chapter event, where I spoke on the evolving role of Canadian CFOs, the issues they are facing and how FEI Canada is helping meet these challenges.
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One of the biggest issues Canadian CFOs will face in the next few years is the adoption of International Financial Reporting Standards (IFRS). FEI Canada’s Committee of Corporate Reporting (CCR) recently commented on the CICA’s document "Progress Review – Steps to IFRS Incorporation in Canada" . CCR Chairman Alister Cowan and I communicated these views to the Accounting Standards Oversight Council (AcSOC), highlighting that FEI Canada supports the adoption of IFRS but would like to encourage its "sane" adoption to avoid some of the SOX implementation excesses some companies were forced into by their auditors.
FEI Canada’s Issues, Policy and Advisory Committee (IPAC) was also busy this month, as IPAC members Peter Donovan and Bill Hewitt appeared before the Ontario Expert Commission on Pensions to present FEI Canada’s views on pension reform. FEI Canada called for an immediate increase in the funding period of solvency deficits, noting that activities under the current solvency rules could negatively impact the Canadian economy. To read the submission please click here.
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Finally, the remainder of October, took me to Ottawa where I met with Chapter President John Weerdenburg and the Ottawa Chapter Board to discuss FEI Canada’s plans to expand in our nation’s capital. The national capital region Chapter’s luncheon event featured Patricia Croft, an economist whose conference presentations have always entertained and informed us. Her presentation this time was again exceptional. Patti discussed the sub-prime and asset-backed commercial paper debacle and the resulting credit crunch. Please click here for a copy of the Presentation.
My travels have reinforced my view that FEI Canada is a strong organization with enthusiastic volunteer leadership that is engaged in key issues. I invite all members to become actively involved in FEI Canada’s activities, either at your local Chapter level, as part of our National Technical Committees (CCR and IPAC) or both!
Finally, please continue to provide me with the benefit of your ideas. I can be reached at mconway@feicanada.org.
Michael Conway
Chief Executive and National President
FEI Canada
FEI CANADA NEWS
Frank S. Capon Distinguished Service Award
FEI Canada is pleased to present the Frank S. Capon Distinguished Service Award.
FEI Canada recognizes the commitment and contributions made by our members to the organization and through this award seeks to identify and reward a member who has had a significant impact on the organization over the years through:
- Promotion of the FEI Canada brand in the marketplace
- Delivery of programs to the membership
- Participation in Chapter or National Committees
- Leadership in professional and community associations
Candidates may be nominated by any active FEI Canada member. The nomination must be supported by two current National or Chapter Board Members. Nominees must be active or retired members in good standing.
Nominations are now being accepted and will be accepted until January 15, 2008. The winner will be recognized at the FEI Canada Conference in Jasper, AB in June 2008.
For more information on the award and the selection process, and to access the nomination form, please click here.
FEI Canada Technical Committees
Looking for a way to participate in
Financial Executives International (FEI) Canada?
FEI Canada is actively seeking members to participate on our technical committees. Joining one of FEI Canada’s high profile committees has many advantages including the opportunity to make a valuable contribution to policy and standards setting in Canada. As a Committee member you will have access to experts and opinion leaders in your ever-evolving professional environment. Additionally, participation on the committees serves as professional development that can be used towards your accreditation.
Committee on Corporate Reporting (CCR)
The CCR focuses on issues relating to financial accounting, auditing and corporate reporting. It puts members on the inside track of the activities of the Accounting Standards Board (AcSB) and the Emerging Issues Committee of the Canadian Institute of Chartered Accountants (CICA). Through the CICA, the Committee also makes its views known to the International Accounting Standards Board (IASB). Senior CICA staff members frequently participate at CCR meetings. The CCR also maintains a close relationship with the Ontario Securities Commission (OSC) on issues relating to corporate reporting. As with the CICA, senior OSC staff members frequently participate at CCR meetings. FEI Canada's CCR also keeps abreast of notices from the Securities and Exchange Commission (SEC) and the Federal Accounting Standards Board (FASB) that would affect Canadian inter-listed companies.
Issues and Policy Advisory Committee (IPAC)
The Issues and Policy Advisory Committee was established to provide guidance and expert opinion on emerging issues relevant to FEI Canada members, and act as advisors on issues of importance to industry groups, government, associations, and other constituents who will benefit from the impartial council of the Committee. The Committee has a broad agenda and has developed a number of Task Forces. These subcommittees include: corporate governance; the structure of capital markets; internal control certification; pensions; taxation; private company issues; and public sector accountability.
Currently, FEI Canada is looking for new members on both the CCR and IPAC committees. Meetings for both committees are held by teleconference with occasional face-to-face full-day meetings in Toronto. If you are interested in joining either of these committees, please contact:
| Ramona Dzinkowski | Lindsay Collins |
| Executive Director | Manager Research & Communications |
| CFERF | FEI Canada |
| rdzinkowski@feicanada.org | lcollins@feicanada.org |
| (416) 366-3007 x5114 | (416) 366-3007 x5117 |
Canadian Financial Executives Research Foundation (CFERF) Call for papers |
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The Canadian Financial Executives Research Foundation (CFERF) is pleased to issue its second annual CALL FOR PAPERS for the "Best Conference Research Paper Award" for the FEI Canada Conference, June 9-11, 2008, in Jasper, Alberta.
The 2007/2008 "BEST CONFERENCE RESEARCH PAPER AWARD" Program recognizes a Canadian Academic Research Project Exploring Issues of Importance to the Canadian Financial Executives Community.
This Call For Papers is open to tenured and non tenured academic researchers employed at Canadian universities or colleges. Projects undertaken by academic researchers as the lead consultant(s) and industry professionals (e.g., private consulting firms, independent researchers, etc.) will also be considered.
CFERF encourages academics from a variety of disciplines to apply including finance, accounting, economics, business, law and public policy, etc. Interdisciplinary approaches are encouraged. We also encourage all interested academic researchers to consider submitting papers and to share this Call For Papers with your colleagues.
Applicants are asked to submit their completed or nearly completed papers to CFERF by January 15th, 2008. The winner of the Award will be asked to participate on a panel discussion at the FEI Canada Conference in Jasper, Alberta, June 9-11, 2008.
The winner of the Best Conference Research Paper Award will receive $500, plus a complimentary registration, accommodation and travel reimbursement to attend the FEI Canada Conference, June 9-11, Jasper, Alberta to be recognized and to present their paper. In addition, the winner will receive a complimentary, one year "Academic Membership" in FEI Canada.
All submissions or inquiries should be directed to:
Ramona Dzinkowski, Executive Director, CFERF
Telephone: 416-366-3007 X 5114
Facsimile: 416-366-3008
Email:rdzinkowski@feicanada.org
For detailed information, please click here.
For more information on CFERF, please click here
UPCOMING EVENTS - FEI Canada
November National Breakfast Seminar Series -
Critical insights for CFOs in Corporate Performance Management
Sponsored by SAP Canada |
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REGISTER NOW for our next National Breakfast Seminar series, Critical Insights for CFOs in Corporate Performance Management (CPM). The CFO has emerged as the catalyst for change within the enterprise by spearheading issues such as governance, risk and compliance, IFRS, and the harmonization of accounting standards. Despite the enormous demand placed on the office of the CFO due to these issues, profitability and growth remain the core critical deliverables tasked to the finance team. In the face of diminished resources and increased workloads, finance must now develop new corporate performance management strategies to assist in proactively managing the bottom line and improving the overall competitiveness of the business.
What do you and your CFO need to know about developing a CPM strategy?
- What business challenges does CPM address?
- What is the link between performance management and operations?
- How does performance management help manage risk and uncover strategic opportunity?
This series will help you to understand the tremendous impact performance management strategies are having on the Office of the CFO, and you will hear real examples of Canadian companies that have accelerated profitability and improved governance and compliance with performance management strategies.
- Toronto – Tuesday, November 13
- Ottawa – Wednesday, November 14
- Montreal – Thursday, November 11
- Vancouver – Tuesday, November 20
- Edmonton – Wednesday, November 21
- Calgary – Thursday, November 22
December National Breakfast Seminar Series
Sponsored by |
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Mark your calendar for our next National Breakfast Seminar series in December -
The New World of Treasury - Lessons from the Summer of 2007.
The summer of 2007 provided everything but downtime for investors amid capital market upheaval, a changing credit environment and volatility in the money and fixed income markets related to liquidity issues. Calls of a 'global credit crisis' has given rise to significant concerns across the Canadian Commercial Paper market; in particular the management of treasury funds, some linked to the sub-prime mortgage crisis in the US and the ill-liquidity of Asset-backed commercial paper.
Senior finance executives today need to be armed with the developing facts in order to cope with and consider adapting their current approach to corporate asset management.
Together, we’ll examine:
- The origins and evolution of the financial turmoil.
- Review the players and their roles.
- Discuss what's in store for the fixed income markets.
- Consider how the sector has changed.
- And looking ahead, examine what Financial Executives and corporate money managers should be considering for capital preservation and liquidity purposes.
Dates and registration details for this seminar will be updated soon. For further information please contact Marita Dias at mdias@feicanada.org.
2nd Annual "Best in Class" Invitational MBA Case Competition,
Rotman School of Management, University of Toronto,
November 16-17,2007
Tickets and Tables Still Available!!
FEI Canada members and their member companies are encouraged to show your support for the "Best in Class" MBA Case Competition on November 16th and 17th, 2007, by attending the live presentations on Saturday November 17, 2007 at the Rotman School of Management, Fleck Auditorium (no charge or pre-registration required ) or by purchasing individual tickets or corporate tables to attend the awards dinner at the Great Hall, Hart House on Saturday, November 17,2007.
This year there will be teams competing on behalf of the Desautels Faculty of Management, Haskayne School of Business, Richard Ivey School of Business, Queen’s School of Business, Rotman School of Management, Sauder School of Business, Schulich School of Business and the Sobey School of Business.
The competition will be fierce as teams from each of the participating MBA schools vie for the $10,000 first place prize and an invitation to attend the FEI Canada’s National Conference in Jasper, Alberta in June 2008. Business leaders selected by FEI Canada Toronto Chapter will form the esteemed panel of judges for the event. The competition will end with a Reception and Awards Dinner at the Great Hall, Hart House at the University of Toronto.
Please join us for some or all of the activities on Saturday November 17, 2007 and be inspired by Canada’s best and brightest MBA students!
Saturday, November 17, 2007
Team Presentations
| Time: | Semi Finals 8:00am – 1:00 pm |
| Finals: | 2:30 pm to 5:30 pm |
| Location: | Fleck Auditorium, Rotman School of Management, University of Toronto, 105 St. George Street, Toronto |
| Cost: | No charge |
Reception & Awards Dinner
| Time: | 6:00-9:30pm |
| Location: | Great Hall, Hart House, University of Toronto, 7 Hart House Circle |
Advance registration is required for the Reception & Awards dinner only. For further information or registration please contact Liz Bowell by email at lb@passport.ca or by telephone at (905) 936-5422.
This event would not be possible without the generous support of our sponsors which we gratefully acknowledge:
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An Evening with… Dr. Alan Greenspan
November 20th, 2007.
Microsoft Canada Co. is pleased to invite members of FEI Canada to attend this exclusive leadership event. An opportunity to hear and share views on key business issues affecting Canadian organizations. Hear from featured guest Dr. Alan Greenspan, Chairman, of Federal Reserve Board (1987 - 2006) sharing his unique insights in a brief overview of Canada's role in the global economy.
You will hear industry experts in a panel session discussing real business challenges and success inhibitors faced by your industry peers. You will also learn more about how business management solutions to these issues can connect business processes and drive productivity to the next level, overcoming these challenges.
This Invitation is by exclusive FEI Canada membership invite only and is non-transferable. Seating is limited.
FEI Canada members must register by unique PIN number 45001
To register please call 1-800-854-5610
Visit http://www.microsoft.ca/eveningwith for full event details.
Private Equity Symposium
January 23, 2008
The Dominion Club – 1 King Street West, Toronto
A collaborative event with FEI Canada, Canadian Institute of Chartered Business Valuators, Toronto CFA Society and Canada’s Venture Capital & Private Equity Association will be hosting our third annual symposium to help keep you abreast of the current trends and issues impacting today’s Private Equity sector.
This multi-disciplinary symposium will provide a view of the current trends in Private Equity including investing, market volatility, mergers and acquisitions exits, and structuring investments.
This symposium will provide an excellent opportunity to network with colleagues from all sides of the Private Equity market. Plan to attend and gain a broader perspective of the current Private Equity landscape. Some of the distinguished speakers include:
- Jim Leech, Senior Vice President, Ontario Teachers’ Pension Plan
- John E. Walker, LL.B., CA, FCBV, Executive Director, CIBC World Markets Inc. (moderator)
- Jeff Parr, Co-Chief Executive Officer and Managing Director, Clairvest
- Michael Rolland, President, Borealis Infrastructure, OMERS
- Nigel Wright, Managing Director, Onex Corporation
- Michael Bernstein, CFA, MBA. Managing Director, Macquarie
UPCOMING EVENTS - Other
SPECIAL EVENT:
CICA Conference - Request for Topics and Speakers
On November 15-16 2007 the CICA is having a conference for audit committees. They are interested in having FEI Canada submit a series of suggested topics and speakers.
Key conference topics include the following:
Developments in Financial Reporting standards - Audit committee expectations
Emerging governance requirements and specific topics such as ethics, compliance, internal control systems and risk
If you are interested, please contact Ramona Dzinkowski at rdzinkowski@feicanada.org with your topic and availability on either day. Alternatively, you may wish to contact the CICA directly for further information at http://www.cica.ca.
Dialogue with the OSC 2007 |
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Join senior OSC staff and leading securities industry professionals at Dialogue with the OSC, Canada's largest securities regulation conference. This event is an excellent opportunity to hear about major developments in securities regulation and important issues facing today's global capital markets.
Dialogue 2007 will feature issues of importance to Canadian financial executives, including:
- A panel discussion led by OSC Chief Accountant John Carchrae examining the challenges and benefits for our capital markets of adopting International Financial Reporting Standards (IFRS).
- A discussion of the latest developments in the continuous disclosure regime led by OSC Vice-Chair Jim Turner, and a discussion regarding U.S. and Canadian enforcement approaches and priorities moderated by OSC Vice-Chair Larry Ritchie.
- Breakout sessions on how the Passport system will work for Ontario market participants and what Registration Reform means for registrants.
Other prominent speakers:
David Wilson, Chair, Ontario Securities Commission
Arthur Levitt, Former Chair, U.S. Securities and Exchange Commission
Linda Chatman Thomsen, Director of Enforcement, U.S. Securities and Exchange Commission
Register now for Dialogue with the OSC.
*Dialogue with the OSC 2007 is eligible for five IDA Continuing Education credits and Institute of Corporate Directors credits.
"IFRS Adoption – Lessons from the Leaders" - Conference February 13 Sheraton Toronto.
FEI Canada will join forces with The Economist on February 13 at the Sheraton in Toronto to bring international best practices and experience to the adoption of IFRS.
In 2011, any Canadian publicly traded company listed on a Canadian securities exchange will be required to file their financial statements using the International Financial Reporting Standards (IFRS) as opposed to Canadian GAAP. This will have both financial impact, and management implications across the company, as well as pose significant issues for the Board of Directors.
Economist Conferences in conjunction with their strategic partners will be presenting a unique all day conference to address these and other pressing issues surrounding the adoption of IFRSs.
To date, much of the information available to senior decision makers has surrounded the differences in the IFRS and local GAAP. This conference will be important not only address some of these issues, but also provide indepth focus on broader management issues across the company. It will feature the insights from the hands on experience drawn from UK companies who have already gone through the IFRS conversion process.
FEI Canada members will receive first in line consideration for this event and $150.00 off the conference price of $US 875.00. For further information and front of line registration, contact Ramona Dzinkowski on rdzinkowski@feicanada.org. Further details will be provided upon request.
CFO TV - PROGRAMMING SCHEDULE |
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- The High Tech Future of Finance: Managing Complexity
- Getting Ready for IFRS: Top Ten Actions to Take Now
- Risk Management in Canada: What CFOs Need to Know
- Halifax Conference Session Videos
- The Impact of Changing Workforce Demographics: on the Post-Reform Accounting Landscape
- Revised National Instrument 52-109: Summarizing the Internal Control Rules and What They Mean to You
- The Agile CFO: Supporting the CEO’s Innovation Agenda
- Being the Best: Insights from Leading Finance Functions
- Say Goodbye to Canadian GAAP: Update on the Adoption of IFRS in Canada
- Pension Risk: The Link Between HR and Finance
- The First Value Added Tax Rate Change
- Workforce Effectiveness - The Role of the Finance Function
- The Changing Canadian M&A Market
- Income Trusts in Canada - A Corporate Finance Perspective
- FEI Canada Toronto Chapter - CEO Night
Please note that attendance at FEI Breakfast Seminars and our Annual Conference qualifies for Continuing Professional Development credits.
MEMBERSHIP SERVICES
Strengthen Your Network!
As a member of FEI Canada, you are uniquely qualified to speak to our value proposition. Think back to all the high quality events, high value information and high caliber peers that you have been exposed to in your time as a member. The network that has been built over the years by FEI Canada through its Chapters and its members is unlike any other in Canada. This influential group of financial leaders, the very top echelon of Canada’s financial community, is growing all the time and it is within your power to assist in that growth.
Consider your own personal network; is there not a colleague, contact or peer that would benefit from participation in FEI Canada? Would they not benefit from access to your local Chapter network, its high quality programming and services.
If as a member, you know someone who could benefit as you have, please pass on this newsletter to them and recommend that they become members of FEI Canada.
If you are not a member, and would like to join, visit our website at www.feicanada.org to learn more or use this link to reach the membership application form. Contact Christopher Sheedy, Director, Membership & Chapter Relations, 416-366-3007 ext. 5103 csheedy@feicanada.org, if you have any questions.
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
October's Featured Affinity Partner |
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Thanks to our association with The Personal Insurance Company, you could save money on your home and auto insurance.
The Personal offers you preferred group insurance rates because you are a member of Financial Executives International Canada.
These rates are not available to the general public – and they’re on top of the savings you earn as a good driver and responsible property owner!
The Personal is there for you:
- A leading direct insurance company – means you deal direct with one company, no middleman
- In business since 1974, The Personal has the financial strength and experience to meet the needs of our customers
- Fast, efficient service and easy online access
- Convenient extended hours - weekdays 8 to 8 and Saturdays 8 to 4
- 24/7 Emergency Claims Assistance – for help when you need it most
- Simply get an online auto quote at http://www.thepersonal.com/fei or call The Personal at 1 888 476-8737.
Plus, just for getting a quote on your auto or home insurance before December 31, 2007, you will be automatically entered for a chance to win 1 of 2 $25,000 cash prizes.
You choose how you want to spend it.
If you are already insured with The Personal you have been automatically entered into the contest. It’s their way of saying thanks!
NEW MEMBER WELCOME
A warm welcome to the 22 new members who joined in October 2007! Our thanks to all the members who have recommended their colleagues and friends.
Ms. Jennifer A. Best-White,
Manager of Corporate Finance & Investor Relations, Clearwater Seafoods Income Fund,
Atlantic Chapter.
Ms. Laura Cameron-Brooksbank,
Director of Finance & Operations, Medtronic of Canada Ltd.,
Toronto Chapter.
Mr. Ian A. Dewar,
Vice President, Finance, Mitsubishi Canada Ltd.,
Vancouver Chapter.
Mr. Dwayne Dubois,
Director, Financial Reporting (Controller), ENMAX Corporation,
Calgary Chapter.
Mr. Louis Dufour,
Vice President Finance & Chief Financial Officer, Mechtronix Systems Inc.,
Québec Chapter.
Mr. Colm J Freyne,
Senior Vice President & Controller, Sun Life Assurance Co. of Canada,
Toronto Chapter.
Ms. Mireille Khayat,
Director, Finance and Business Support, Acxsys Corporation/Interac Association,
Toronto Chapter.
Mr. Jason J Lang,
Chief Financial & Administration Officer, Integro (Canada) Ltd.,
Toronto Chapter.
Mr. Stephen Lapointe,
Corporate Controller, SR Telecom Inc.,
Québec Chapter.
Ms. Johanne Leger,
Vice President, Finance & Administration, Hanesbrands Inc.,
Québec Chapter.
Mr. Amit Loomba,
Manager, Commercial Banking,
Toronto Chapter.
Mr. Terry Mack,
Managing Director & Corporate Controller, Canadian Depository for Securities Ltd.,
Toronto Chapter.
Mr. Robert McLeod,
Director, Global Accounting (Controller), Ritchie Bros Auctioneers,
Vancouver Chapter.
Ms. Suzanne Morris,
Secretary & Treasurer, CBC Pension Board of Trustees,
Ottawa Chapter.
Mr. Ron J Murphy,
Vice President, Finance & Chief Financial Officer, Aux Sable Liquid Products LP,
Calgary Chapter.
Mr. Kenny Nicholls,
Vice-President & Chief Financial Officer, Desjardins Asset Management,
Québec Chapter.
Mr. Michel A. Piché,
Chief Financial & Corporate Services Officer, The Canadian Red Cross Society,
Ottawa Chapter.
Mr. Daniel J. Pigeon,
Vice President, Finance & Chief Financial Officer, FortisAlberta Inc.,
Calgary Chapter.
Mr. John T. Smith,
Executive Director, Stewart McKelvey,
Atlantic Chapter.
Mr. Keith Steeves,
Vice President, Finance & Chief Financial Officer, NAL Resources,
Calgary Chapter.
Mr. Gérard Tardif,
Chief Financial Officer, Cavalia,
Québec Chapter.
Ms. Sharilyn Weisbeck,
Controller, SemBioSys Genetics Inc.,
Calgary Chapter.
MEMBERS IN THE NEWS
Mr. Jean-Marc M. Arsenault (Toronto Chapter) has been made Regional Compliance Officer at Siemens Canada Limited.
Mr. Al W. Babiuk (Winnipeg Chapter) is the Vice President at CP Loewen Enterprises Ltd.
Mr. Joseph W. Bronneberg (Calgary Chapter), formerly of Calvalley Petrolleum Inc., is now Vice President, Finance & Chief Financial Officer at TVI Pacific Inc.
Mr. Michael Busuttil (Toronto Chapter) has been promoted to Finance & Operations Executive, North America & Europe at Quadrem.
Mrs. Dawn P. Butler (London Chapter), former Vice President and Chief Financial Officer, has been promoted to Senior Vice President at Highstreet Asset Management Inc.
Mr. Sean R. Carleton (Calgary Chapter) is the new Controller and Treasurer at Syncrude Canada Ltd.
Mr. Denis Chabot (Québec Chapter), Vice President Finance & Administration, Ultra Electronics, Tactical Communication Systems.
Mr. Jeff B. Champion (Vancouver Chapter) is the new Finance Consultant at the British Columbia Nurses Union.
Mr. George C. Chiarucci (Toronto Chapter) has been promoted to Executive Vice President & Chief Financial Officer at Atlantis Systems Corp.
Mr. Chris Clark (Vancouver Chapter) is the new Chief Financial Officer at Medical Ventures Corp.
Ms. Susan E. Deakin (London Chapter), former Controller at Cornerstone Properties Inc., is now a Professor at Fanshawe College.
Mr. Jean-Luc Deschamps (Québec Chapter) is now the Vice-President & Chief Financial Officer at Van Houtte Inc.
Mr. Mark L. Ferguson (Calgary Chapter) is the Director, Client Development Western Canada at Watson Wyatt Worldwide.
Mr. Gregory P. Francis (Toronto Chapter) has been made Advisor, Strategy at Azure Dynamics Inc.
Mr. Troy S.F. Graf (Edmonton Chapter) has been made Chief Financial Officer at Carfinco Income Fund.
Ms. Carolyn Graham (Edmonton Chapter) has been promoted to Vice President & Chief Accountant at the Canadian Western Bank.
Mr. James E. Grundy (Toronto Chapter) has been made Chief Financial Officer at NRT Technology Corporation.
Mr. Robert J. Hibberd (Vancouver Chapter), former CFO, has been promoted to Vice President, Acquisitions at WesternOne Equity Income Fund.
Mr. J. Bruce Humphreys (Winnipeg Chapter), formerly of King Optical Group, is now the Chief Financial Officer at Paterson GlobalFoods Inc.
Mr. Gordon W. Jekubik (Toronto Chapter) is the new Vice President at ARISE Technologies Corporation.
Mr. Sid A. Karsh (Toronto Chapter) is the new Director, Business Development at IBM Canada Ltd.
Mr. Glen Kayll (Vancouver Chapter) is the new Chief Financial Officer at Coastal Contacts Inc.
Mr. Kurt Kroesen (Toronto Chapter) has been promoted and is now Senior Vice President & Chief Financial Officer at the Canadian Diabetes Association.
Mr. Stuart Lee (EPCOR Power LP) has been named Vice President & Controller at EPCOR Power LP.
Mr. Samson Lim (Vancouver Chapter) has been promoted to Assistant Vice President, Finance at Vancity Savings Credit Union.
Mr. Steven M. Makins (Toronto Chapter) has been named Vice President, Finance at Assurant Solutions.
Mr. Marc Malouin (Québec Chapter) is now the Corporate Secretary at Logibec Groupe Informatique.
Mr. Michael D. Marco (Toronto Chapter) is now the Senior Director, Shared Finance Services at Livingston International Inc.
Mr. Randy W. Martin (Edmonton Chapter) is the new Controller at the Liquor Stores GP Inc.
Mr. David L. McGraw (Toronto Chapter) is now Chief Financial Officer at Ontario Teachers' Pension Plan Board.
Ms. Audrey A. McKinney (Toronto Chapter), former CFO, is now a National Partner at Mercer.
Mr. Rex J. McLennan (Vancouver Chapter) is the Principle of R.J. McLennan & Associates.
Ms. Rita A. Middleton (Hamilton Chapter) is now the Senior Vice President, Finance & Information Technology Systems at Alliance Atlantis Communications Inc.
Ms. Maureen G. Moore (Ottawa Chapter), formerly of the Royal Ottawa Health Care Group, is the new Director of Finance at the Office of the Superintendent of Financial Institutions.
Ms. Susan Munro (Hamilton Chapter) is the new Manager, Business Analysis at Horizon Utilities.
Mr. Cameron Nelson (Vancouver Chapter) is the Vice President, Finance at QLT Inc.
Mr. Larry J. Nentwig (Winnipeg Chapter) has been promoted to Chief Financial Officer at the Canadian International Grains Institute.
Mr. Brian Orgnero (Calgary Chapter), formerly of Saxon Energy Services Inc., is the new Vice President, Finance & Chief Financial Officer at Polaris Explorer Inc.
Mr. Tom Pahapill (Hamilton Chapter) has been named Chief Financial Officer at Magick Woods Ltd.
Ms. Trish Pekeles (Vancouver Chapter) has been named Chief Strategy Officer at BC Hydro.
Mr. Richard Perri (Toronto Chapter) is the Vice President, Finance at Pitney Bowes of Canada Ltd.
Ms. Laurie L. Powers (Regina Chapter) has been named Chief Financial Officer at Victoria Park Capital Inc.
Mr. Dale R. Pregizer (Edmonton Chapter) is the new Vice President, Finance at Sanjel International Corporation. Mr. Steven P. Rostowsky (Toronto Chapter) former SVP Finance & Administration is now Senior Vice-President, Corporate & Member Services for Investment Dealers Association of Canada.
Mr. Stewart D. Somers (Toronto Chapter) is the new Senior Vice-President at Spergel & Associates Inc.
Mr. John M. Stevens (Edmonton Chapter) is the new President & Chief Operating Officer at Northern Crane Services Inc.
Mr. Douglas J. Tkach (Winnipeg Chapter) has been promoted to Vice President, Financial Reporting at Great-West Life Assurance Company.
Mr. Paul Van Bakel (Hamilton Chapter), is at Ontario Die International.
Mr. Len Vernon (Toronto Chapter) has been promoted to Vice President, Finance & Administration at YM BioSciences Inc.
RÉSUMÉ BANK
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Job Postings
| Job Title: GENERAL MANAGER OF FINANCE ADMINISTRATION (TREASURER). Reports to CAO |
LOCATION City/area/region: Midhurst (North of GTA), Ontario EDUCATION/QUALIFICATIONS:
CAP desired, MBA desired, Min 10 years experience
POSITION DESCRIPTION
Reporting directly to the CAO, the General Manager of Finance & Administration shall direct the overall financial planning and accounting practices of the Corporation of the County of Simcoe and shall also serve in the statutory position of Treasurer for the Corporation.
As the County’s CFO, other key responsibilities include:
- Direct and manage the financial programs and supporting information systems to facilitate appropriate budgeting, revenue management and strategic asset deployment.
- Plan and direct fiscal and management control functions and the implementation of overall procedures for business planning and performance management, fiscal reporting and administration, purchasing, asset management, fleet management, risk management, human resources, and information technology.
- Act as the Treasurer for the Corporation to ensure all necessary and statutory financial matters are completed in a professional fashion and develop financial policies and regulations, which are in keeping with modern and leading edge financial practices.
- Provide consultative support to senior management and County Council on financial issues, including analyses and projections, debt financing, revenue initiatives, and a variety of business projects.
- Develop performance based business plan objectives and procedures and propose changes to existing financial models where appropriate.
The successful candidate MUST possess:
- An educational background inclusive of a recognized professional accounting designation and/ or a Masters in Business Administration.
- Extensive senior financial management experience, with a minimum of ten (10) years in progressively responsible, financial and executive management positions in a large, complex organization both within the public and private sectors.
- Outstanding interpersonal skills and the proven ability to establish both short and long term strategic change initiatives.
For more detailed information about this position, please visit:http://www.simcoe.ca.
| Contact Info: | |
| Name: | Katherime Miller, HR Department, The Corporation of the County of Simcoe |
| Address: | 1110 Highway 26 West, Midhurst, ON, L0L 1X0 |
| Fax: | 705-792-7609 |
| Email: | Katherine.miller@simcoe.ca |
| Job Title: CHIEF FINANCIAL OFFICER. Reports to CEO |
LOCATION City/area/region: Edmonton, Alberta
COMPANY INFO: Industry-Technology; Revenue Range-Less than 50M; Company Type-Private
EDUCATION/QUALIFICATIONS: Chartered Accountant
POSITION DESCRIPTION
Reporting to the President and CEO, the Chief Financial Officer is the senior corporate financial position responsible for formulation and execution of financial policies, plans and associated reporting within this rapidly growing, internationally focussed, bio-technology contract manufacturing company.
The CFO is responsible for providing overall direction for the finance, accounting, tax, risk management, budget, asset management and contract administration functions. This position is also the senior manager responsible for business support departments including general accounting, payroll/benefits, information technology, and purchasing. The CFO supports the CEO in ensuring positive and productive relationships with the company's investors and is a member of the Executive Management Team.
The successful candidate will possess / exhibit:
- A Chartered Accountant designation, augmented by a commitment to professional development.
- A minimum of 10 years of increasingly senior financial experience with exposure to international business and biotechnology preferred. Familiarity with managing multinational clientele and stakeholders.
- A strong understanding of cost accounting, management reporting, GAAP, tax legislation, and risk analysis as they relate to the technology and/or manufacturing sector
- A multi-disciplined financial professional with outstanding analytical and problem solving skills;
- An influential leader capable of achieving results through their team;
- An entrepreneurial spirit and keen adaptability to a dynamic environment;
- Sound knowledge, understanding and proficiency with computer systems;
- Well organized, detail oriented, enthusiastic and confident with excellent problem solving skills and a roll-up-your-sleeves attitude toward work;
- A consensus driven team player with a high level of honesty and integrity;
- A credible and assured business presence complemented with personal drive, resourcefulness, maturity, integrity and sound business judgment;
- Strong business acumen;
- A self-starter with a highly energetic, results oriented work style combined with excellent communication and interpersonal skills;
- The ability to support, lead and develop a team of professionals, while also contributing effectively to the management team;
- Resiliency and the ability to maintain a sense of humor and outgoing perspective in challenging situations.
| Contact Info: | |
| Name: | Glenda Rouleau, Vice President, HR, QSV Biologics Ltd. |
| Address: | 1938 – 94th Street, Edmonton, AB, T6N 1J3 |
| Phone: | 780-438-5722 x215 |
| Email: | grouleau@qsvbiologics.com |
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