NCC Investment Group Announces Appointment of New Chief Financial Officer

January 2021

NCC Investment Group Inc. is pleased to announce the appointment of Pat Chiarello as the Chief Financial Officer (CFO) of the NCC group of companies. As NCC begins to implement its new strategic plan, the complexity of the company’s operations and finances will increase. Consequently, NCC will enhance its financial management capacity by hiring a full-time CFO. As a Chartered Professional Accountant (CPA) with extensive experience in accounting for real estate, construction, and property management and a strong familiarity with NCC and the North, Pat was considered an ideal candidate for this demanding new position.

Pat received his Honours Bachelor of Commerce with Specialization in Accounting from the University of Ottawa in 2014. He earned his Chartered Professional Accountant designation in 2016. Before joining NCC in January 2021, Pat worked as an auditor at the Ottawa offices of KPMG LLP, one of the world’s largest professional services firm, since 2014, advancing from Staff Accountant to Senior Manager in just 6 years. Throughout his career at KPMG, Pat served many small, mid-sized and large clients in a variety of industries, including property management, real estate and development, construction, technology, not-for-profit organizations, civil aviation navigation and biological manufacturing. Pat led the audits of some large Nunavut-based clients, including NCC Investment Group Inc. and Qikiqtaaluk Corporation. As such, Pat already has extensive knowledge of NCC’s operations and finances.

As Chief Financial Officer, Pat will be responsible for monitoring the financial performance of the NCC group of companies and preparing financial statements and other reports in a timely manner. Pat’s other responsibilities will include preparing forecasts and budgets, assessing the financial viability of various business opportunities and providing strategic advice to the CEO and other members of management, preparing and analyzing monthly financial reports, preparing annual financial statements, coordinating the year-end external audit process, monitoring compliance with internal controls and finance policies and procedures, and training other members of management in regards to financial reporting and accounting matters.

NCC management is excited to have Pat on board and is looking forward to having him continue his accounting and financial management career with the company.