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OPPORTUNITY PROFILE │ Executive Director 2
THE OPPORTUNITY
Reporting to the Board of Governors, the Executive Director (ED) is accountable for the overall management of the Foundation and provides strategic leadership and direction to the staff.
The Executive Director coordinates Foundation activities with outside agencies and provides highly responsible and complex administrative support to the Board of Governors.
KEY ROLES & RESPONSIBILITIES
Management
• Assume full management responsibility for all Foundation services and activities; administer policies and procedures.
ABOUT ALBERTA REAL ESTATE FOUNDATION The Alberta Real Estate Foundation was established in 1991 to advance the real estate industry and strengthen Alberta’s communities. Created under the Real Estate Act after years of discussion between industry leaders and officials in the provincial government, the Foundation started making an impact right away by funding initiatives to help educate and train real estate professionals. The Act was recently amended, acknowledging that the Real Estate Industry represents four key stakeholder groups: 1.) Residential Real Estate, 2.) Mortgage Brokers, 3.) Commercial Real Estate and 4) Property and Condominium Management.
Over the years, AREF has broadened its scope to fund hundreds of diverse projects in four different areas:
• Community Innovation
• Housing
• Education & Research
• Land Stewardship and Environment MISSION The Alberta Real Estate Foundation supports and originates initiatives that enhance the real estate industry and benefit the people of Alberta.
This dual mandate ensures that the AREF wisely invest public money for the public good of all Albertans and at the same time advances and supports the real estate sector ensuring all four key stakeholder groups are effectively supported.
OUR VALUES
Respect: in how Governors and staff interact with each other, with stakeholders and with applicants.
Accountability: through effective communication of the Foundation’s purpose, processes and
funding to ensure the transparency of grants, projects, and outcomes.
Collaboration: by actively seeking partnerships on projects that will advance the Foundation’s purpose around industry, community and provincial issues.
Innovation and continuous learning: by encouraging and investing in creative and original initiatives.
Sustainability: by considering economic, environment, and community benefits for future generations.
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• Direct and manage the development and implementation of Foundation goals, objectives, policies, and priorities; ensure Board development and communications increase Board ability to make appropriate decisions on a range of strategic issues.
• Provide highly responsible administrative staff assistance to the Board of Governors; direct specific and comprehensive analyses of a wide range of Foundation policies and activities; prepare reports on Foundation activities for Board review.
• Continuously monitor and evaluate the efficiency and effectiveness of Foundation methods and procedures; assess and monitor workload, administrative systems and internal reporting relationships; identify opportunities for improvement; direct the implementation of changes.
• Plan, direct and manage the Foundation’s work plan; meet with staff to identify and resolve problems; assign projects and responsibilities; review and evaluate program goals and objectives.
• Establish appropriate service and staffing levels; allocate resources accordingly.
Financial Oversight
• Oversee and direct the development and administration of the Foundation budget; direct the forecast of revenues and funds needed for grants, staffing, equipment, materials and supplies; approve expenditures and disbursements; monitor revenues and expenditures and implement mid-year adjustments.
• Negotiate bank interest agreements, contracts and solutions on a variety of fiscal and special projects; analyze and prepare recommendations on special contract requests; monitor appropriate contract budgets.
• Make investment policy recommendations to the Board; liaise with investment agent; monitor investment portfolio; direct investment of short-term surplus funds.
Stakeholder Relationship Building
• Represent the Foundation to outside agencies and elected officials; explain and justify Foundation programs, policies and activities; negotiate and resolve sensitive, significant and controversial issues.
• Represent the Foundation at special events such as industry meetings, conferences.
• Arrange press releases concerning specific Foundation activities; present cheques to grant recipients for special media coverage.
• Be alert to and create opportunities to enhance profile and community awareness of Foundation work.
Strategic Grant Management
• Liaise with other grantmaking institutions, to keep abreast of funding trends, as well as granting opportunities.
• Provide strategic input for grant applications.
• Determine special conditions for approval and funding agreement, sign approval letters and funding agreements for Foundation.
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• Responsible for final review of closed files to ensure all conditions and fiduciary responsibilities have been met.
KEY OPPORTUNITIES & CHALLENGES
• Work effectively with the Board to establish strong relationship with all internal and external stakeholder groups.
• Coordinate and deliver an effective strategic planning process with the Board to create and begin executing on a new strategic plan.
• Review and revitalize the granting process; assessing new grant categories, ensuring further clarity is developed around all grant criteria and sourcing a variety of innovative and relevant grant applications.
• Organize a successful 30th AERF anniversary, leveraging this key milestone to continue to enhance partnership opportunities and to foster and re-establish strong relationships with all key stakeholder networks.
• Assist the Board with a Covid-19 recovery plan.
THE PERSON
QUALIFICATIONS & EDUCATION REQUIREMENTS
The ideal candidate will have an appropriate undergraduate degree in business, management and/or leadership, with graduate credentials being preferred. They will have a strong track record of success working with not-for-profit Boards, effectively leading projects and/or programs with a provincial scope. Effective financial management experience is required coupled with an understanding of granting and community investment management. The incumbent will ideally have a background and deep understanding of the real estate sector in Alberta.
KNOWLEDGE, SKILLS & ATTRIBUTES
Strategic Leadership – Ability to look at the “big picture” while still attending to details; proven success in strategic thinking and planning; ability to translate Operational Priorities into action and lead change; able to coach direct reports; a credible leader; leads by example.
Visionary – Ability to formulate and articulate a detailed vision for the organization and communicate vision and expectations.
Politically Astute – Know and understand legislative and regulatory processes and has an intuitive ability to read the political implications of recommendations and actions. Guide the Board with solid and informed recommendations.
Adaptability – Ability to adjust to changing environment, schedules, and priorities accordingly.
Communication Skills – Open and straightforward style with all audiences and an ability to effectively communicate with all stakeholders; candid and respectful with everyone. Possess strong written and verbal communication skills and presentation abilities.
Team Player/Teamwork – Demonstrated success leading a team, talks openly with others, establishes expectations, holds self and others accountable, supports group decisions, shares credit, builds enthusiasm for goals, and resolves conflict appropriately; collaborative.
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Build Relationships – Effectively build relationships with a wide variety of stakeholders both internal and external to the organization. Flexible, adaptable and collaborative while demonstrating a positive attitude. Diplomatic with well-developed negotiation skills. Strong stakeholder management skills to build and maintain relationships in the community.
Problem Solving & Judgment – Ability to assess options and implications to identify problems and solutions. Ability to make decisions and provide direction on complex and emerging issues that may have political, community, or administrative implications.
Creativity and Innovation – The ability to utilize theory, principles and experience to develop new and unique ways to identify root causes of organizational issues and find effective ways to address them.
Impact and Influence – Ability to establish credibility, respect, and build strong working relationships with employees, and external stakeholders. Works in a collaborative and solutions-focused manner to achieve outcomes that align best with the needs of the organization.
COMPENSATION
A competitive compensation package will be provided including an attractive base salary and excellent benefits. Further details will be discussed in a personal interview.
FOR INFORMATION PLEASE CONTACT
Ardyce Kouri or Cecilia Oteiza Ayres Leaders International Executive Search Suite 501 Fox One 10226 – 104 Street Edmonton, AB T5J 1B8 Phone: 780-420-9900
Email: [email protected]
