GETTING TO 2015: Our Contribution

Finance Team MeetingOctober 13, 2011

National Arts Centre53 Elgin Street, OttawaPanorama Room

AGENDA

• Welcome• Overview of Meeting and Review of Agenda• Our accomplishments• Our organizational priorities• Finance Working Together Committee Update• The Evolution of the Finance Function• Strategy 2015: Expectations for Finance• The Finance Cycle Overview• Horizontal Review Brainstorming Workshop• Summary & next steps• Parking lot issues, wrap up & closing remarks

GETTING TO 2015: Our Contribution

Finance Organizational Priorities & Accomplishments

StrategistParticipate as a financial leader in defining the strategic direction of the company and align financial strategies accordingly.

OperatorBalance capabilities, talent,costs and service levels to fulfillthe finance organization’s coreresponsibilities efficiently.

StewardProtect and preserve the criticalassets of the organization andaccurately report on financial position and operations to internaland external stakeholders.

CatalystCatalyze behaviors across theorganization to execute strategicand financial objectives whileat the same time creating a riskintelligent culture.

The Four Faces of the CFO/Finance Function

Finance

Function

Execution

Efficiency

Perform

ance

Control

Catalyst

Operator

Strategist

Steward

4

StrategistParticipate in defining strategic direction and align financial strategies accordingly.

OperatorBalance capabilities, talent, costs and service levels to fulfill Finance’s core responsibilities

StewardProtect critical assets & report on financial position and operations to stakeholders.

CatalystExecute strategic & financial objectives & create risk intelligent culture.

Our Accomplishments

Finance

Function

Execution

Efficiency

Perform

ance

Control

Catalyst

Operator

Strategist

Steward

5

Objectives:•Developed Corporate reduction plans (including Asset Pool Review)•Developed Next Generation Procurement Framework•Completed a number of major RFP’s•Achieved financial flexibility on capital transfers

Objectives:•Developed 2011-12 Business Plans and Budgets•Delivered on 2010-11 Audit requirements (OAG, IA, LPIF)•Created ‘Finance Working Together’ Committee•Assessed Internal Controls and Compliance to tax requirements•Validated contracts and business cases (Real Estate and Programming)•Delivered Risk Management plan

Objectives:•Delivered on Q1 2011 IFRS/Quarterly Reporting•Submitted financial data for CRTC License Renewal•Delivered 2010-11 Annual Report•Delivered IFRS Conversion project

Objectives:•Delivered balanced budgets through two years of Recovery Plan •Completed Financial Plan aligned to Strategy 2015•SOR plans developed in line with 2015 Strategy

StrategistParticipate in defining strategic direction and align financial strategies accordingly.

OperatorBalance capabilities, talent, costs and service levels to fulfill Finance’s core responsibilities

StewardProtect critical assets & report on financial position and operations to stakeholders.

CatalystExecute strategic & financial objectives & create risk intelligent culture.

Our 2011/12 Objectives

Finance

Function

Execution

Efficiency

Perform

ance

Control

Catalyst

Operator

Strategist

Steward

6

Objectives:•Track and report on financial implementation of Strategy 2015•Track identification & implementation of Corporate reduction plans (including Asset Pool Review)•Implement Next Generation Procurement across Corporation

Objectives:•Ensure efficient use and monitoring of annual operating and capital budgets•Deliver on Audit requirements (OAG, IA, Quarterly controls, LPIF)•Obtain staff feedback on issues, prepare and implement action plans

Objectives:•Deliver on IFRS and Quarterly Reporting•Coordinate OAG Special Exam of Corporation•Support financial aspects of CRTC License Renewal and further automate CRTC Reporting•Enhance Internal Controls & Framework

Objectives:•Carry out SOR and Horizontal Review•Continue financial flexibility discussions with Government•Work with President’s office, Government Relations, Regulatory & Strategic Planning teams to build external relationships and address strategic issues

Ensure we are all engaged in Strategy 2015 and that decision making is streamlined and delegated to the right level

GETTING TO 2015: Our Contribution

Finance Working Together Committee

Introduction

WhoChristine Cayer, Denis Desjardins, Nathalie Forgette, Mélanie Servant et Pauline Valiquette.

WhenWinter 2011

WhatFinance Employee Advisory Committee, following the November 3, 2010 workshop

Introduction

Why To develop a strategy to ensure ongoing communication between Finance employees and management in

Ottawa; to devise an action plan, based on comments made at the employee workshop on November 3, 2010, as well as on results of the employee Dialogue survey, conducted in the fall of 2010 (within the scope of the Committee's authority).

We are your link to help accomplishing some of your suggested actions.

Our Milestones

8 committee meetings since March 3, 2011

Our Milestones

Employee consultations: Results of the workshop « Start, Stop, Continue », to build a plan and prioritise

Our Milestones

Name contest and email account creation: Finance Working Together - Finances Tous Ensemble

Our Milestones

Lunch & Learn sessions• IFRS• Print optimisation • iO!

Our Milestones

Creation of our iO! page

Having the sharing of information goal in mind

Here is a demo!

Follow-up to the Dialogue survey

– Our role is to put together the plans from each senior director (Mike, Jerry, Philippe), highlight the similar points and propose a global plan to Suzanne for the whole Corporate Finance group

– So far we have seen the common themes of communication, leadership and development.

Next Steps

– Dialog follow-up– Lunch & learn: do you want more?Subjects put on the table are: Next Procurement Generation Navigation in the on line SAP help The Local Programming Improvement Fund

– Project - Integration of new employees

We want to hear from you!

Communicate via email at: Finance Working Together - Finances Tous Ensemble

or directly with one the the members in person or by phone

Your contribution is key to the success of the committee!

Questions?

GETTING TO 2015: Our Contribution

The Evolution of the Finance Function

Questions?

GETTING TO 2015: Our Contribution

Strategy 2015: Expectations for Finance

Hubert T. LacroixPresident and CEO

Questions?

GETTING TO 2015: Our Contribution

The Finance Cycle Overview

Executive DirectorFinance & Management Services

French NetworkMontreal

P. St-Onge

Executive DirectorFinance and Strategy

English NetworkToronto

N. McEneaney

Finance & Information Technology

Interim

Vice-President andChief Financial Officer

S. Morris

Executive Assistant

C. Cayer

Senior Director

& Corporate Controller

Andie Andreou

(Interim)

Departmental Asst.

D. Guindon

Director

Policy & Internal Controls

N. Csirinyi

Y. Prudhomme, G. Gendron

Director

Accounting & Corp. Reporting

M.J. Lacombe

A. Semard, D. Deschamps

M.F. Gauthier, K. Jacobs, M. Tolasi, Vacant

Director

CRTC Reporting & Analysis

D. Boucher

A. Milanese

Senior DirectorCorporate Finance & Admin

M. Mooney

Departmental Asst.

S. Casseus

Director

Budgeting & Forecasting

S. Moss

F. Beauchamp, H. Fournier

J. Racine, M. Servant, C. Baribeau

J. Vullings, J. Voyer

C. Bigras, M. Drouin, I. Granger, T. Soares, L. Isman

Director

Insurance & Risk Management

N. Maggio

L. Ward

R. Levesque

Director

Cash Management

J.J. Rousseau

R. Staicu

J. Fortin

Director

Financial Systems, Processes & Training

N. Forgette

S. Gauthier, C. Maguire, J. Murrin

E. Rouhana, S. Dagenais, N. Boyd

Director

Taxation

E. Robineau

Vacant

Senior Director

Supply Management

P. Audet-Lapointe (Montreal)

Strategic Sourcing

& Corporate Travel Manager

Ottawa

Pauline Valiquette

Strategic Sourcing - Montreal

F. Binette, J. Buithieu, M. Gionet

N. Neishaboory, L. Greaves

V. Rivard, M. Lacombe. M. Vadboncoeur

S. Garneau

Strategic Sourcing - Toronto

J. Coulman, J. Prymak, R. Wiebe

A. Guilmette, F. Sison, M. Martin-Roche

A. Chang, H. Varin

Senior Director

Resource Planning

& Capital Process

J. Zubryckyj

Administrative

Coordinator

F. Dumont

Director

Capital Process & Portfolio Mgmt

N. Markou

K. Chung, J. Jeffers, R. Rivard, D. Lefebvre

H. Lamarre, M. Sedej, W. Sullivan

S. Gariépy, F. Riva, M. Maisonneuve

D. Cholette, S. Marchal

Director

Resource Planning

& Special Projects

K. Pannu

D. Desjardins

Director

Strategic Projects

V. Siemens

H. Payette

Questions?

GETTING TO 2015: Our Contribution

Horizontal Review Brainstorming Workshop

Horizontal Review Brainstorming

Systems & Information Finance Organization

Policies and Processes Talent & People

1. Identify ideas where Finance (networks, corporate, shared services) can be more efficient.

Horizontal Review Brainstorming2. Position your top ideas on the grid displayed at the front of the room (relative to each other).

Low Impact

High Impact

Short-Term Long-TermTimeline

Questions?

GETTING TO 2015: Our Contribution

Summary & Next Steps

GETTING TO 2015: Our Contribution

Parking lot issues, wrap up & closing remarks