Vice President, Finance/Chief Financial Officer

Vice President, Finance/Chief Financial Officer


Job Position: Vice President, Finance/Chief Financial Officer

Company: QEC

Expected salary:

Location: Baker Lake, NU

Vice President, Finance/Chief Financial Officer Job Details:


Energize Your Career in the Arctic!Qulliq Energy Corporation (QEC) is entrusted with providing safe and reliable power to customers across Nunavut. QEC is the sole energy provider in the territory and operates 25 stand-alone diesel power generation facilities and distribution systems across the territory.Working in NunavutNunavut is Canada’s newest and largest territory and has the fastest growing economy in the country. It is known for its breathtaking landscapes and amazing adventure opportunities. Join our team and spend your time exploring a vast winter wonderland by snowmobile, traversing ancient waterways by kayak, hiking an expansive tundra overflowing with wildlife, or experiencing a rich culture known for its distinct artwork, music, and cuisine. Join our team of highly motivated and experienced industry professionals as we provide safe and reliable power across Nunavut.Vice President, Finance/Chief Financial Officer (QEC-24-017)Baker Lake, NunavutQEC is seeking a Vice President, Finance/Chief Financial Officer with extensive experience in strategic planning and risk management. The position serves as a key member of the management team and is responsible for overseeing the operation and strategic management of the Accounting, Supply Chain, Billing and Collections, and Payroll, Pension and Benefits portfolios, including indirect oversight of approximately 45+ employees. As the senior finance authority, the position is also responsible for ensuring the Corporation operates in compliance with all territorial and federal acts, regulations, legislation, policies, controls, and procedures.This position is located at QECs Head Office in Baker Lake, Nunavut. As a key leadership role, this position is required to physically be in territory.Duties and Responsibilities:

  • Coordinates the development and implementation of short and long-term strategies, directing accounting policies, procedures, and internal controls to ensure efficient and cost-effective financial programs and service offerings that align with corporate business goals and objectives.
  • Manages the annual budget development and uses sound judgment and advanced financial management skills to manage financial resources related to established policies and risk management strategies and protocols.
  • Directs the planning and administration of QEC’s operating and capital budgets and ensures that effective procedures are in place to monitor and control finances.
  • Provides financial risk foresight and integrity of corporate financial planning, management, and control frameworks, processes, and services to ensure compliance with all financial policies and procedures.
  • Advises and presents to the Board financial statements and other related reports regularly with respect to the financial affairs of the Corporation and provides information regarding the achievement and status of finance programs and strategies.
  • Reports to the Finance & Audit Committee on financial matters and adherence to the Corporation’s internal control process and ensures that the policies and obligations of the Corporation are maintained and in compliance with the law.
  • Provides a full suite of financial accounting and reporting services to support the development, management, and monitoring of QEC business, capital and operational plans, payroll, pension, and benefits programs and services.
  • Liaises with external agencies, including the Office of the Auditor General, financial institutions, and stakeholders.
  • Provides oversight of all financial functions ensuring that generally accepted accounting principles are followed and compliance with all provisions of the Financial Administration Act, Financial Administration Manual, Regulations, internal financial policies and procedures, NNI Policy, and Government Contract Regulations.
  • Identifies staffing and training needs, evaluates employee performance, guides, coaches, mentors, develops leaders, addresses conflict, and provides ongoing support through open-door leadership.
  • Create a culture that promotes respect, equity, inclusion, and innovation.

Required Qualifications Include:

  • Ten years of Financial Management experience with direct oversight over the planning, implementation, management, and control of all financial activities.
  • Five years of supervisory experience.
  • Bachelor’s Degree in Business Administration or Commerce with a concentration in Finance or Accounting.
  • Professional designation as a Chartered Professional Accountant (CPA).


  • Experience in the utility sector is an asset.
  • Knowledge of Nunavut, the land, language, and culture an asset.
  • The ability to speak Inuktitut, Inuinnaqtun and/or French an asset.

We offer a competitive salary range of $185,681.19 to $232,074.85 and a northern living allowance of $24,281.00 per annum. We also offer a comprehensive benefits package, including a defined-benefit pension program. In addition, subsidized staff housing is available for this position. This position is not included in the Nunavut Employee’s Union.Preference will be given to Nunavut Inuit.To apply:Apply in writing by April 5, 2024.We thank all applicants for their interest. However, only those selected for further consideration will be contacted.Categories:

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