Recruitment posting
Alberta Capital Finance Authority
Competition #: 330
Ministry : Treasury Board and Finance
Opening Date : 2016/11/30
closing Date : 2016/12/27
Role : Board Member
It is recognized in Alberta as a fundamental principle and as a matter of public policy that all persons are equal. Diversity and inclusion are valued and supported on the boards of Alberta's public agencies.
The President of Treasury Board and Minister of Finance is seeking applications from individuals interested in serving as a Board member of the Alberta Capital Finance Authority (ACFA).
ACFA is a provincial corporation that provides local authorities with financing for capital projects. ACFA makes loans to Alberta municipalities, school boards and other local entities.
For further information about ACFA, including its Annual Report and Mandate and Roles document, please visit their website at Alberta Capital Finance Authority.
The ACFA Board is responsible for the governance of ACFA and for overseeing the management of ACFA’s business, and other ACFA affairs. The ACFA Board is responsible for:
- guiding ACFA’s strategic direction;
- evaluating the performance of the ACFA President; and,
- approving and monitoring the ACFA’s business plan, operational plan and financial results.
The ACFA Board has established an Audit Committee to assist the ACFA Board in carrying out its duties.
Appointments are made by Order in Council, for a fixed term up to three years.
The President of Treasury Board and Minister of Finance may appoint a Chair or Vice-chair(s) from among Members of the ACFA Board by Ministerial Order.
Applicants must have business experience and expertise in one or more of the following areas:
- commercial credit;
- financial management;
- accounting;
- investments;
- risk management;
- legal;
- information technology; or,
- public policy (federal, provincial and municipal levels of government).
Proven leadership, excellent communication skills, a track record of building consensus with multiple stakeholders, and the ability to be fair and open minded while exercising sound judgment are essential.
Demonstrated experience in board governance would be an asset.
Related post-secondary education and a related professional designation (such as an ICD.D, CPA, CFA or
CRM) are assets.
All ACFA Board Members are paid honoraria as prescribed by the Lieutenant Governor in Schedule 1, Part A of the Committee Remuneration Order (OC 466/2007), effective April 1, 2009.
Honoraria | Member Rates (includes an ACFA Vice-chair) | Chair Rate (if applicable) |
| Up to 4 hours inclusive | $164 | $219 |
| Over 4 hours and up to 8 hours inclusive | $290 | $383 |
| Over 8 hours | $427 | $601 |
Travel and living expenses are paid in accordance with the Government of Alberta's Travel, Meal and Hospitality Expense Policy.
Compensation is currently under review.
Members of the ACFA Board may reside anywhere in Alberta. The ACFA Board typically meets eight times per year, up to once per month for approximately two hours, with a break over the summer months. In addition, the ACFA Board meets for a two-day planning session in late May. The Audit Committee meets three times per year (March, June and October). The meetings are typically held in Edmonton.
For additional information on this opportunity, please contact:
Executive Search, Corporate Human Resources
Phone: 780 408-8460
E-mail: executivesearch@gov.ab.ca
Carefully read the Recruitment Posting and the Position Profile to ensure this is an appropriate opportunity for you. Applicants are advised to provide information that clearly and concisely demonstrates how their qualifications meet the advertised requirements.
Online applications are preferred. To apply, click on the 'apply' button, create or sign into your account in the ePAAS system; upload your resume, view the listing under Current Opportunities and click on 'submit application'. The uploaded resume will be automatically attached.
Provide a short (maximum 200 words) biography using the Biography template found under additional documents section. Your biography should contain general information about your education, experience, community involvement, skills, etc. Please note that biographies may be edited for length and clarity.
Once your biography and other required form(s) are completed, save it to your PC. When you hit 'submit application', you will be prompted to upload additional documents. Drag and drop (or upload) your completed cover letter, biography and other form(s) into the 'Drop files below or click to upload' section before clicking the 'apply' button.
If you are unable to apply online, please submit a cover letter and resume, quoting the recruitment posting competition number, to the contact provided on the posting. We thank all applicants for their interest. All applications will be reviewed to assess which candidates' qualifications most closely match the agency's requirements. Only those selected for interviews will be contacted to advance to the next step in the appointment process. You can check the status of each competition on-line at https://www.alberta.ca/public-agencies.cfm.
All potential candidates will be screened for potential conflicts of interest. Please Note: Successful applicants will have the following information about them made publicly available on the Public Agency Secretariat Website: name,biography, public agency, position appointed to.