Director of Financial Processes and Analytics
Top Benefits
About the role
Why You Will Love Working with Us
Ukrainian Credit Union Limited (UCU) is an Ontario financial institution providing a full range of products and services to our members. We are among one of the 20 largest credit unions in Ontario and have 14 branch locations throughout Ontario. For more than 80 years, UCU has served its broader community by supporting the maintenance and growth of Ukrainian cultural, educational, and community life in Canada.
At UCU our vision is to become the preferred financial institution for Ukrainian Canadians and like-minded individuals, valuing integrity and shared aspirations. Our mission is to deliver outstanding member-centric financial services, actively support the diverse cultural and community endeavors of the Ukrainian and broader communities and be recognized as an ideal workplace for fostering financial well-being.
UCU activities go beyond providing standard financial services by helping to build community. We do so by helping Ukrainian refugees and new Canadians. We donate to worthwhile causes, offer scholarships, and encourage our employees to volunteer. Our Ukrainian-speaking staff supports our members and assists their integration into the Canadian banking system. Learn more at ukrainiancu.com.
The Impact You Will Have
We are seeking a Director of Financial Processes & Analytics to join our team. Reporting to the Chief Financial Officer, you will focus on strategic transformation initiatives to modernize the Finance function through technology, process improvements and data analytics. Integral to the role will be ensuring Finance’s ability to provide timely, actionable data to support business decision making and analytical requirements across the organization.
The role requires a blend of financial expertise, IT literacy, project management skills, and change management leadership. Working collaboratively with diverse teams across the organization and leveraging knowledge and experience in Finance including Treasury, Accounting and Risk, you will drive efficiency and performance through technology optimization and efficient workflows, ensuring that processes are measurable and scalable, data output and analytics is actionable, and making a significant impact in shaping the Finance function for the future.
What You Will Do
Process Workflow, Automation and Implementation:
- Lead the documentation and analysis of current-state finance workflows to identify gaps, inefficiencies, and improvement opportunities.
- Create a finance transformation plan and implementation roadmap (including a budget) that aligns with the UCU strategic objectives to meet business and regulatory needs.
- Lead and execute the implementation roadmap.
- Develop and document processes, procedures, and workflows to fully leverage current tools and systems.
- Collaborate with internal and external stakeholders to design and visualize future-state processes.
- Identify and leverage advanced technologies and methodologies (including AI) to enhance financial operations and reporting.
- Develop compelling business cases that demonstrate AI's potential for operational efficiency and cost reduction
- Streamline processes and explore automation solutions to drive scalability and accuracy.
- Develop business cases for new tools and technology to support transformational change and regulatory requirements.
- Lead the implementation of system rollouts by contributing to process design, user testing, and go-live planning
Cross-Functional Collaboration and Leadership:
- Collaborate with senior leadership, department heads, and external partners to ensure alignment on transformative initiatives as well as business goals and measurable results.
- Lead any related Request for Proposal (RFP) activities associated with the transformation.
- Champion organizational change efforts to ensure the successful adoption of new processes and technologies across the finance team and the wider organization.
- Identify and assess the impacts of the transformation initiatives on various stakeholders, and create plans to mitigate resistance and enhance acceptance.
- Partner with IT and vendors to ensure smooth system integration and deployment.
- Lead and support training and change management to ensure smooth adoption of new processes.
- Mentor and lead team members to foster professional development and drive results in a fast-paced environment.
- Champion a high-performance environment and contribute to an inclusive work environment.
Performance Measurement & Insights:
- Provide experience-based leadership and guidance on best practices of a finance transformation.
- Define and track key performance indicators (KPIs) to measure the impact of improvements and transformation efforts.
- Provide data-driven insights and ideas for continuous improvement opportunities.
- Ensure compliance with corporate finance and accounting policies, internal controls, and regulatory requirements.
What You Will Bring
- Bachelor’s degree in Accounting or Finance; professional accounting designation (CPA) preferred.
- Minimum eight (8) years of experience in a similar role ideally within the credit union/banking sector, or experience in a membership organization.
- Minimum eight (8) years of progressive experience in accounting, with exposure to transaction processing environments.
- Demonstrated success in driving process transformation, automation, or systems implementations within a financial environment.
- Strong technology background with respect to finance, accounting, treasury and risk solutions for the financial services industry
- Experience managing complex projects, including planning, execution, and monitoring.
- Proven ability to lead organizational change, including communication, training, and stakeholder engagement.
- Superior interpersonal skills to foster a culture of continuous improvement and educate employees on change initiatives.
- Proven ability to effectively interact with all levels of leadership.
- Familiar with Financial Services Regulatory Authority of Ontario (FSRA) regulations and other industry and/or jurisdiction regulatory directives and guidelines, e.g., privacy legislation, general data protection (GDPR).
- Written and verbal communication skills in English (fluent); Ukrainian and/or French (an asset)
- Creativity and critical thinking to challenge the status quo.
- Analytical and problem-solving mindset with the ability to identify inefficiencies and think through practical solutions.
- Organized, attention to detail, and possess excellent time management skills to manage multiple projects.
- Ability to work both independently and as part of a team.
Total Rewards
UCU offers competitive compensation and comprehensive benefits, including a defined benefits pension plan.
Work Environment
Employees of UCU enjoy an open work environment to allow for team support and collaboration. The office is located in Etobicoke and this role is fully onsite with some flexibility as required. Please note that this role will require some travel within the GTA as well as occasional evening or weekend work in order to accommodate meetings, networking, and community events.
Please note that when applying, you will be directed to a site hosted by The Talent Company, our recruitment partner who is supporting us with this search.
About Ukrainian Credit Union Limited
UCU is a member-owned financial co-operative founded in 1944 to serve the Ukrainian Canadian community and is committed to providing competitive financial products and excellent service to our members.
UCU has 16 branches and services points in communities across Ontario from Thunder Bay to St. Catharines and from Windsor to Ottawa.
We are among the largest credit unions in Ontario. Of the 100 or so credit unions in this province we like to think of ourselves as the leading mid-sized credit union and we are THE largest credit union in Canada that operates under an ethnically-based charter in terms of number of members. Membership is however not limited to Canadians of Ukrainian descent. We count amongst our satisfied members thousands of individuals and businesses from all walks of life.
Over the decades we have come to serve the broader community of which we are a part. Yet, we still stay true to our original objectives to support the maintenance and growth of Ukrainian cultural and community life as our contribution to a strong, united and multicultural Canadian society.
Director of Financial Processes and Analytics
Top Benefits
About the role
Why You Will Love Working with Us
Ukrainian Credit Union Limited (UCU) is an Ontario financial institution providing a full range of products and services to our members. We are among one of the 20 largest credit unions in Ontario and have 14 branch locations throughout Ontario. For more than 80 years, UCU has served its broader community by supporting the maintenance and growth of Ukrainian cultural, educational, and community life in Canada.
At UCU our vision is to become the preferred financial institution for Ukrainian Canadians and like-minded individuals, valuing integrity and shared aspirations. Our mission is to deliver outstanding member-centric financial services, actively support the diverse cultural and community endeavors of the Ukrainian and broader communities and be recognized as an ideal workplace for fostering financial well-being.
UCU activities go beyond providing standard financial services by helping to build community. We do so by helping Ukrainian refugees and new Canadians. We donate to worthwhile causes, offer scholarships, and encourage our employees to volunteer. Our Ukrainian-speaking staff supports our members and assists their integration into the Canadian banking system. Learn more at ukrainiancu.com.
The Impact You Will Have
We are seeking a Director of Financial Processes & Analytics to join our team. Reporting to the Chief Financial Officer, you will focus on strategic transformation initiatives to modernize the Finance function through technology, process improvements and data analytics. Integral to the role will be ensuring Finance’s ability to provide timely, actionable data to support business decision making and analytical requirements across the organization.
The role requires a blend of financial expertise, IT literacy, project management skills, and change management leadership. Working collaboratively with diverse teams across the organization and leveraging knowledge and experience in Finance including Treasury, Accounting and Risk, you will drive efficiency and performance through technology optimization and efficient workflows, ensuring that processes are measurable and scalable, data output and analytics is actionable, and making a significant impact in shaping the Finance function for the future.
What You Will Do
Process Workflow, Automation and Implementation:
- Lead the documentation and analysis of current-state finance workflows to identify gaps, inefficiencies, and improvement opportunities.
- Create a finance transformation plan and implementation roadmap (including a budget) that aligns with the UCU strategic objectives to meet business and regulatory needs.
- Lead and execute the implementation roadmap.
- Develop and document processes, procedures, and workflows to fully leverage current tools and systems.
- Collaborate with internal and external stakeholders to design and visualize future-state processes.
- Identify and leverage advanced technologies and methodologies (including AI) to enhance financial operations and reporting.
- Develop compelling business cases that demonstrate AI's potential for operational efficiency and cost reduction
- Streamline processes and explore automation solutions to drive scalability and accuracy.
- Develop business cases for new tools and technology to support transformational change and regulatory requirements.
- Lead the implementation of system rollouts by contributing to process design, user testing, and go-live planning
Cross-Functional Collaboration and Leadership:
- Collaborate with senior leadership, department heads, and external partners to ensure alignment on transformative initiatives as well as business goals and measurable results.
- Lead any related Request for Proposal (RFP) activities associated with the transformation.
- Champion organizational change efforts to ensure the successful adoption of new processes and technologies across the finance team and the wider organization.
- Identify and assess the impacts of the transformation initiatives on various stakeholders, and create plans to mitigate resistance and enhance acceptance.
- Partner with IT and vendors to ensure smooth system integration and deployment.
- Lead and support training and change management to ensure smooth adoption of new processes.
- Mentor and lead team members to foster professional development and drive results in a fast-paced environment.
- Champion a high-performance environment and contribute to an inclusive work environment.
Performance Measurement & Insights:
- Provide experience-based leadership and guidance on best practices of a finance transformation.
- Define and track key performance indicators (KPIs) to measure the impact of improvements and transformation efforts.
- Provide data-driven insights and ideas for continuous improvement opportunities.
- Ensure compliance with corporate finance and accounting policies, internal controls, and regulatory requirements.
What You Will Bring
- Bachelor’s degree in Accounting or Finance; professional accounting designation (CPA) preferred.
- Minimum eight (8) years of experience in a similar role ideally within the credit union/banking sector, or experience in a membership organization.
- Minimum eight (8) years of progressive experience in accounting, with exposure to transaction processing environments.
- Demonstrated success in driving process transformation, automation, or systems implementations within a financial environment.
- Strong technology background with respect to finance, accounting, treasury and risk solutions for the financial services industry
- Experience managing complex projects, including planning, execution, and monitoring.
- Proven ability to lead organizational change, including communication, training, and stakeholder engagement.
- Superior interpersonal skills to foster a culture of continuous improvement and educate employees on change initiatives.
- Proven ability to effectively interact with all levels of leadership.
- Familiar with Financial Services Regulatory Authority of Ontario (FSRA) regulations and other industry and/or jurisdiction regulatory directives and guidelines, e.g., privacy legislation, general data protection (GDPR).
- Written and verbal communication skills in English (fluent); Ukrainian and/or French (an asset)
- Creativity and critical thinking to challenge the status quo.
- Analytical and problem-solving mindset with the ability to identify inefficiencies and think through practical solutions.
- Organized, attention to detail, and possess excellent time management skills to manage multiple projects.
- Ability to work both independently and as part of a team.
Total Rewards
UCU offers competitive compensation and comprehensive benefits, including a defined benefits pension plan.
Work Environment
Employees of UCU enjoy an open work environment to allow for team support and collaboration. The office is located in Etobicoke and this role is fully onsite with some flexibility as required. Please note that this role will require some travel within the GTA as well as occasional evening or weekend work in order to accommodate meetings, networking, and community events.
Please note that when applying, you will be directed to a site hosted by The Talent Company, our recruitment partner who is supporting us with this search.
About Ukrainian Credit Union Limited
UCU is a member-owned financial co-operative founded in 1944 to serve the Ukrainian Canadian community and is committed to providing competitive financial products and excellent service to our members.
UCU has 16 branches and services points in communities across Ontario from Thunder Bay to St. Catharines and from Windsor to Ottawa.
We are among the largest credit unions in Ontario. Of the 100 or so credit unions in this province we like to think of ourselves as the leading mid-sized credit union and we are THE largest credit union in Canada that operates under an ethnically-based charter in terms of number of members. Membership is however not limited to Canadians of Ukrainian descent. We count amongst our satisfied members thousands of individuals and businesses from all walks of life.
Over the decades we have come to serve the broader community of which we are a part. Yet, we still stay true to our original objectives to support the maintenance and growth of Ukrainian cultural and community life as our contribution to a strong, united and multicultural Canadian society.