Whitesand First Nation

The Finance Department manages the financial well-being by overseeing budgets, accounting, and reporting. We ensure transparency, compliance with funding requirements, and responsible stewardship of community resources, supporting programs and services that benefit all members.

Mission: To safeguard and manage the financial resources of the company with integrity, transparency, and accountability, ensuring they are used effectively to support the community's priorities and long-term prosperity.

Goals:

• Maintain accurate and timely financial records and reports.
• Ensure compliance with funding agreements, laws, and regulations.
• Support leadership with sound financial planning and advice.
• Steward resources to meet current needs while planning for future generations.

Key Functions:

• Budgeting & Planning – Develops and monitors annual budgets.
• Accounting & Reporting – Maintains accurate financial records and provides timely reports to leadership, funders, and members.
• Payroll Administration – Processes staff salaries, benefits, and deductions accurately and on schedule.
• Funding & Grants Management – Tracks funding agreements, ensures compliance, and monitors program expenditures.
• Accounts Payable & Receivable – Manages payments to vendors and collects revenues owed.
• Financial Compliance – Ensures adherence to policies, laws, and funding requirements.
• Financial Advice - Supports leadership in making informed, strategic financial decisions.

Team Information

Services and/or Available Assistance

Finance Department Services:

• Budget preparation, monitoring, and adjustments.
• Payroll services, including salary processing, benefits administration, and deductions.
• Accounts payable and receivable management.
• Financial statement preparation and regular reporting.
• Funding and grant tracking with compliance oversight.
• Audit preparation and coordination.
• Policy and procedure development for financial management.
• Financial planning and advisory services for leadership.
• Training and support for program managers on budgets and reporting.
• Cash flow management and forecasting.