Vice President, Corporate Finance & Reporting

Canada Development Investment Corporation (“CDEV”) is a self-sustained federal Crown corporation that has become the entity of choice for critical financial transactions needed to help the federal government achieve its goals and maximize the value of its corporate assets. With a more than 40-year long history of operations, CDEV has seen its mandate expand over time to provide a breadth of financial advisory services and expertise to support the country’s broader economic objectives.

Acting as a bridge between government objectives and the private sector, CDEV is positioned as the Government’s centre of excellence for financial advisory, and brings a commercial discipline to the evaluation, management, and divestiture of assets as well as other initiatives it executes in partnership with the Government of Canada.

CDEV provides a unique and valuable perspective with deep financial expertise to the country’s most complex and diverse commercial transactions. Headquartered in Toronto with an office in Ottawa and subsidiary offices across the country, it is governed by an independent board of directors. CDEV has five key pillars of expertise:

2.Managed Assets

3.Capital & Funding Solutions

4.Special Situations & Strategic Reviews

CDEV is responsible for the oversight of over $75 billion of assets and programs through its eight subsidiaries, forming the CDEV Group of Companies. Its high-profile roles in recent years include the purchase and ongoing management of the Trans Mountain pipeline, the establishment of the $15-billion Canada Growth Fund, and the establishment and operation of the Large Employer Emergency Financing Facility (LEEFF) program, which provided over $7 billion in structured bridge financing to large Canadian companies who were impacted by the COVID-19 pandemic.

The CDEV Group of Companies continues to grow with CDEV having been mandated to lead the delivery of the $10-billion federal Indigenous Loan Guarantee Program and the $10billion Large Enterprise Tariff Loan (LETL) facility as well as structure a significant financing agreement with Telesat to support Canada’s largest ever space program.

Position Overview

The Vice President, Corporate Finance & Reporting is a senior finance executive responsible for the leadership and oversight of all corporate and subsidiary financial reporting, accounting operations, and control functions across the Canada Development Investment Corporation (CDEV) and its subsidiaries.

As a key member of the Finance leadership team, the VP ensures that financial information across the CDEV group is accurate, timely, and compliant with applicable standards (IFRS, FAA, and Treasury Board requirements). The role provides strategic direction and operational leadership to the corporate accounting, consolidation, and financial reporting teams, while fostering strong governance and consistency across subsidiaries including CEEFC, CILGC, CHHC, CEI, and others.

The Vice President, Corporate Finance & Reporting will serve as a senior advisor to the CFO, the Executive Team, and the Audit Committee, and will play a central role in ensuring that financial reporting supports strategic decision-making and public accountability.

The selected candidate will be based in Toronto, with a current policy of a hybrid work option of Mondays and Fridays designated as optional Work-From-Home days.

Responsibilities

1. Financial Reporting and Controls

• Lead the end-to-end financial reporting cycle for CDEV and its subsidiaries, ensuring accuracy, transparency, and compliance with IFRS, the Public Service Accounting Standards (PSAS), and the Financial Administration Act (FAA) as required.
• Oversee the preparation of consolidated quarterly and annual financial statements, management discussion and analysis (MD&A), variance analysis, and public disclosures.
• Develop and maintain a robust internal control framework, ensuring appropriate segregation of duties and adherence to corporate policies.
• Lead the preparation and review of materials for the Audit Committee, Board of Directors, and Department of Finance.
• Coordinate and manage external audits and special examinations conducted by the Office of the Auditor General and external auditors.

2. Subsidiary Oversight and Alignment

• Provide financial governance and oversight for CDEV subsidiaries, ensuring consistency in accounting policy application, reporting formats, and audit coordination.
• Partner with subsidiary finance teams (including CEEFC, CILGC, CHHC, TMC, and others) to improve efficiency, standardize reporting processes, and strengthen internal control environments.
• Support subsidiary CFOs and Controllers on technical accounting, internal control, and consolidation matters as required.
• Monitor and review subsidiary financial results, ensuring timely communication of key issues and risks to the CFO.

3. Leadership and Team Development

• Lead and mentor a diverse and high-performing finance team, including the Assistant Vice-President, Finance and related analysts.
• Build capacity and career pathways within the Finance team through structured training, mentoring, and exposure to Board and external stakeholder processes.
• Champion a culture of accountability, collaboration, and continuous improvement across the Finance function.
• Support recruitment, workload planning, and succession management within the team.

4. Financial Process and System Improvement

• Drive continuous improvement and automation within the financial reporting process, including data integrity, workflow efficiency, and management reporting.
• Partner with IT and external vendors on the modernization of financial systems and tools (e.g., ERP (MS Dynamics), consolidation systems, Power BI, Datarails)
• Lead initiatives to strengthen financial governance, documentation, and process streamlining and standardization across the enterprise.

5. Strategic and Advisory Role

• Serve as a senior advisor to the CFO and Executive Team on financial reporting implications of transactions, restructurings, and new mandates.
• Represent Finance at interdepartmental meetings, subsidiary board sessions, and other external engagements as delegated by the CFO.
• Contribute to policy development, audit readiness, and Treasury Board reporting requirements.

Required Skills and Attributes

Education

• Chartered Professional Accountant (CPA) designation required.
• Other related advanced degree(s) (MBA, MAcc, CFA, CVB, or equivalent) an asset.

Experience

• Minimum 8-12 years of progressive financial leadership experience, ideally in the financial services industry, a financial Crown corporation, or a complex multi-entity organization with exposure to complex accounting and reporting issues.
• Proven experience in financial instruments and consolidated financial reporting, strong IFRS knowledge, and people management skills.
• Demonstrated success in leading accounting teams, managing external audit relationships, and implementing strong internal control frameworks.
• Experience overseeing or coordinating financial reporting across multiple subsidiaries or business units.
• Familiarity with enterprise systems and digital transformation in finance (ERP, data analytics, automation tools).

Skills and Competencies

• Exceptional technical accounting and financial reporting knowledge under IFRS.
• Strong leadership and communication skills with the ability to influence and collaborate across functions and levels.
• Sound judgment and the ability to manage complex issues involving multiple stakeholders.
• Strategic thinker with a disciplined approach to governance, documentation, and risk management.
• Excellent written and verbal communication skills, including preparation of materials for Audit Committees and Boards.
• Demonstrated commitment to integrity, transparency, and public stewardship.

Why Join CDEV

• CDEV plays a vital role in managing some of Canada’s most complex and high-profile investments and transactions on behalf of the Government of Canada. Joining CDEV means contributing to national economic and strategic outcomes through rigorous financial management, public accountability, and stewardship of billions of dollars in public assets.
• This is an opportunity to shape the next stage of CDEV’s financial governance and to lead a dynamic, collaborative and dynamic team within a rapidly growing organization at the intersection of finance, public policy, and strategic investment.

Application Process

Submit your application here: https://cdev.applytojobs.ca/cdev+corporate+services/45301

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