Location: Calgary, Alberta -or- Toronto, Ontario
Employment Type: Part time – 50hrs/month
Reports To: Chief Executive Officer (CEO)
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About Us
Portfolio Strategies Corporation is a registered mutual fund dealer regulated by the Canadian Investment Regulatory Organization (CIRO). We provide a full range of wealth management, investment, and advisory services to retail and institutional clients across Canada. Our mission is to uphold the highest standards of integrity, client focus, and regulatory compliance while delivering superior investment solutions.
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Position Summary
The Chief Financial Officer (CFO) serves as a key member of the executive management team and is responsible for the overall financial management, strategic planning, and fiscal integrity of the firm. The CFO ensures compliance with CIRO financial and capital requirements, Canadian Securities Administrators (CSA) regulations, and applicable accounting and audit standards. This role requires both hands-on oversight and strategic leadership in managing the firm’s financial performance, capital adequacy, and operational controls.
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Key Responsibilities
Financial Leadership & Strategy
• Lead financial planning, analysis, and strategy to support business objectives and profitability.
• Advise CEO and board on financial performance, trends, and risk management.
Regulatory Reporting & Compliance
• Ensure timely and accurate preparation of all CIRO-mandated financial filings, including:
o Monthly and annual Financial Reports (F1/F2)
o Risk Adjusted Capital (RAC) calculations and monitoring
• Maintain and monitor compliance with capital adequacy and liquidity standards.
• Liaise with CIRO examination staff, external auditors, and the firm’s compliance department.
• Ensure financial records and accounting systems comply with IFRS and CIRO Dealer Member Rules.
Risk Management & Internal Controls
• Implement and oversee effective internal control frameworks and financial governance processes.
• Collaborate with the Chief Compliance Officer (CCO) and Chief Operations Officer (COO) to identify, assess, and mitigate financial and operational risks.
• Ensure appropriate documentation and testing of controls for audit and CIRO review.
Treasury & Capital Management
• Manage the firm’s liquidity, cash flow, and capital resources to ensure compliance with regulatory capital requirements.
• Provide oversight of bank, custodian, and clearing relationships.
• Monitor capital adequacy and make recommendations for adjustments or capital infusions as necessary.
Leadership & Team Management
• Lead, mentor, and develop the finance and accounting teams.
• Foster a culture of accountability, compliance, and continuous improvement.
• Work cross-functionally with operations, compliance, and technology to enhance financial processes and systems.
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Qualifications
Education & Credentials
• Bachelor’s degree in Accounting, Finance, Economics, or a related discipline.
• CPA (CA, CMA, or CGA) designation required; CFA or MBA considered an asset.
• Eligibility to serve as the Designated CFO under CIRO rules.
Experience
• Minimum 10 years of progressive financial leadership experience, including 5+ years in a CIRO-regulated (IIROC/MFDA) environment.
• Deep understanding of CIRO financial rules, capital computation, and dealer reporting.
• Experience with mutual fund operations, investment dealer accounting, and client asset protection requirements.
• Proven track record managing audits, regulatory reviews, and financial system implementations.
Skills & Attributes
• Strong command of IFRS and Canadian securities regulatory frameworks.
• Excellent analytical, strategic, and decision-making abilities.
• High integrity, sound judgment, and commitment to regulatory compliance.
• Effective leadership and communication skills to engage with executives, regulators, and external partners.
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Compensation & Benefits
• Competitive executive compensation package.
• Comprehensive health benefits.
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Application Process
Interested candidates are invited to submit a resume and cover letter outlining their relevant qualifications and experience to careers@portfoliostrategies.ca.
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