Treasury Committee Member

REF#348

Position:         Treasury Committee – Citizen Member (4 positions)

Reports to:     Head Chief & Minor Chiefs

BACKGROUND

The Treasury Committee is established by the Tsuut’ina Nation (“the Nation”) Head Chief and Minor Chiefs (referred to herein as Chief & Council) to oversee and govern the management of the Tsuut’ina Nation finances, as outlined in the Finance and Administration Act.

DUTIES, RESPONSIBILITIES & AUTHORITIES:

The Treasury Committee’s primary function is to carefully monitor the financial results and position for the Nation. The Committee has short and long-term budgetary oversight and financial planning responsibilities for the Nation. Without restricting the generality of the foregoing, the Treasury Committee is required to:

  • Oversee and review annual budgets and multi-year financial plans for the Nation;
  • Review the quarterly financial performance of the Nation and compare any differences between the actual results and what was set out in the budget. Any large differences must be reported to Chief & Council in conjunction with review by the Chief Financial Officer;
  • Review the Nation’s short and long-term capital and operating budgets as submitted by management and to assist Chief & Council in making decisions based on the priorities and recommendations set for the current and forthcoming fiscal years;
  • Evaluate and provide recommendations to Chief & Council on financial results or requests pertaining to the Nation’s finances inclusive of capital needs, operating budgets, treasury, debt and investments.
  • Monitor external debt and interest rate risk and ensure that the Nation is operating within its covenants.
  • Make recommendations to Chief & Council about financial policies or processes to administer the financial activities of the Nation. This includes but is not limited to creating standards of expenses and policies for expenses of Chief & Council and employees and establishment of internal controls.
  • Consider and monitor financial reporting and fraud risks. This includes ensuring that the tools and internal controls are in place for monitoring and reviewing risks are valid and up-to-date with evolving risks.
  • Review the Finance Act and recommend any amendments to Chief & Council.
  • Review and recommend the appointment, removal or retention of investment managers and other external service providers related to treasury investments;
  • Oversee the performance of any and all investment and reserve funds relative to established performance benchmark objectives and relative to other similar funds as necessary;
  • On an annual basis, the Committee shall review the independence of the auditor, the annual audited statements and the auditor management letter and make recommendations to Chief & Council on appropriate approvals or follow-up required.

EDUCATION & EXPERIENCE:

  • Four-year post-secondary degree, or relevant post-secondary courses (preference will be given to business, accounting or finance background) OR a minimum of 10 years business experience and understanding financial statements.
  • A combination of relevant education and experience will be considered.
  • Demonstrates a commitment to the mission and values of the Tsuut’ina Nation and its long-term financial success.
  • Previous experience on a committee or board.
  • Strategic thinking skills, judgment and problem-solving skills.
  • Strong interpersonal skills and negotiation skills.

TERM:

  • The membership terms shall be for a period of three (3) years, for the Citizens at large.
  • Meetings will be held once per month at a minimum. In-person attendance and availability are required.
  • Citizens at large who become unable to fulfill his or her responsibilities may be asked to resign at the discretion of the Tsuut’ina Nation Chief and Council.

IN ADDITION:

  • Depending on your position – a Vulnerable Sector check must be required upon application from all provinces, states or countries lived in for the last four years. Vulnerable Sector checks must be completed within the past month.

NOTE:

Please note that this organization adheres to Sections 1 – 9 of the Aboriginal Employee Preference Policy for selection and displacement.  Only those applicants selected for an interview will be contacted. The successful candidate will be under a probationary period at the commencement of his or her employment.

Competition Opens:   December 15, 2022

Competition Closes:   December 29, 2022 @ 12:00PM MT (No applications will be considered after this time)

 

Please apply in writing, including a resume to:       

TsuuT’ina Nation Human Resources Department

9911 Chiila Boulevard, Tsuu T’ina, Alberta T2W 6H6

OR Email: Jobs@tsuutina.com

Please reference in subject line: JOB TITLE & REF# or will NOT be opened

We thank all applicants in advance, however, only those chosen with the required qualifications will be contacted for an interview.

To apply for this job email your details to jobs@tsuutina.com.