Why join PenFi

We have a lot of reasons to be proud to work here.

• We have a deluxe benefits package, success sharing program and comprehensive pension plan
• Local is everything. We're all about working with local businesses and partnering with our communities to make them strong and vibrant
• As a credit union, living the co-operative principles are part of our long and rich history
• We develop meaningful relationships with our co-workers and members - that means learning about their passions, families, ambitions and doing what we can to improve their lives
• We have a unique culture where we take our business seriously, but we like to have a little fun along the way
• Education is a priority and we offer an abundance of leadership and professional development programs and training to help you be the best you can be
• Corporate Social Responsibility is alive and well. From our award winning Skates for Kids Program to delivering financial literacy to new Canadians, to sponsoring local events - we donate our time, money and expertise
• We are all PenFi ambassadors and we live our truly local brand from the inside out

Who we are

We live, work and play in the Niagara Peninsula. We know Niagara's economy, it's people and every unique community. With over 20,000 personal and business members, we offer all of the products and services that our members have grown to know and love from their truly local credit union. We employ 100 truly awesome people with a desire to provide remarkable member experiences every single day.

Our Commitment

Improve lives and strengthen communities by living our vision to be your truly local financial partner of choice, committed to inclusive and authentic relationships. Ensure that the member and employee experience is personal and simple.  Be accountable by taking ownership for success while ensuring inclusivity, social responsibility and cooperative principles.  Share your passion, including delivering personal service by listening, guiding, nurturing and caring.  Demonstrate integrity by developing trusting relationships and maintaining the highest ethical standards.  Build mutual respect through honest and authentic relationships. Focus on knowledge with a commitment to continuous learning.  Be a proud ambassador of PenFinancial Credit Union including promoting and delivering on the goal of our Truly Local Commitment (TLC) to live our values-based banking philosophy by transforming banking to improve lives and strengthen communities. 
 

Job Function

Supports the overall finance and accounting functions for the Credit Union by designing, developing and/or administering all reports and systems necessary to maintain control of all accounting and audit functions. Works with the Chief Financial Officer to develop and implement short and long term plans.

Major Duties & Responsibilities

• Provides board with reports – financial statements, asset/liability management, liquidity ratio, interest margins.

• Performs accounting tasks as required.

• Signs cheques and other negotiable accounting tasks.

• Responsible for administration of the Credit Union’s securitization program including all maintenance/reporting relating to existing pools and creation of all new pools as appropriate.

• Monitors branches key financial performance ratios (financial margin, operating expenses etc.)

• Manages Credit Union investments including liquidity with Central1 and investments with other partners including but not limited to National Bank, Q-Trade and Concentra.

• Works with CFO to develop and implement short and long term plans.

• Answers questions and helps all employees as needed.

• Provides overrides when needed.

• Reviews bank reconciliations, $CDN & $US, as prepared by other staff.

• Serves as primary point of support for internal and external auditors.

• Responsible for reporting to FSRA, Ministry of Financial Institutions, Central 1, CRA & other government and regulatory agencies.

• Supports and co-ordinates preparation of budgets and the financial forecasts for the credit union.

• Serves as a member of the ALCO Committee.

• Develops and recommends changes to policies and procedures in the areas of administration and accounting.
• Reviews weekly payroll reports for accuracy and completeness.  Serves as back-up for payroll processing function during absences.
• Calculates monthly FTE per branch.
• Maintains sound working knowledge of Collective Agreement and application of and adherence of same.
• Assist with Property Management functions.
• Attend and participate in meetings as required.
• Act as an ambassador of PenFinancial by looking for opportunities to promote products and services and seek referrals from members and non-members.
• Perform any other duties as assigned.

Skills you’ll need to succeed:

• University degree or equivalent experience in a business/marketing environment
• Chartered Professional Accountant (CPA Designation or equivalent business experience required)
• 10+ years of accounting experience in a leadership role

To learn more visit https://penfi.ca/careers/

While we welcome all applications, only those who are selected for an interview will be contacted.

Accessibility accommodations will be made for job candidates upon request.