Job Position: Director – Finance
Status: Full-Time – 35 hours per week
Location: Mississauga (with local travel)
Compensation: $100,000.00 per annum
Plus a generous RRSP plan, group health benefits and professional development support
Indus Community Services is an accredited, not-for-profit community benefit organization that has served local communities for over three decades. We are a registered charity, supported by our donors and by all three levels of government. Through our professional staff, we are a leader in the provision of culturally responsive services to newcomers, families, women & seniors.
Vision: To be leaders in building strong and inclusive communities.
Mission: We are a community benefit organization focused on building resilient and healthy communities by offering person-centered, anti-oppressive programs and services.
Reporting to the CEO, the Director - Finance is a collaborative member of the Executive Leadership Team (ELT) and the Departmental Management Team (DMT) and will have oversight accountabilities and the day-to-day management responsibilities for the organization’s Finance, Accounting Management and Corporate Services (Risk Management, IT Administration, Procurement and Inventory Management). The Director will demonstrate the following personal competencies:
• Strong people skills – a collaborative team player capable of building relationships at all levels of an organization; participative management style
• Responsiveness – ability to anticipate needs and commit to respond in agreed timeframes with an appreciation and understanding of the needs of programs and their staff and clients
• Innovative and strategic thinker – ability to identify, develop and implement new ideas and concepts
• High degree of professional and personal integrity
• Capable of delivering on commitments - setting clear objectives and deliverable goals
• Driven and hardworking – ability to “get things done”
Responsibilities and Duties: (but not limited to)
* Provide day-to-day supervision of the Finance staff through coaching, mentoring, conflict resolution strategies, and supporting on-going performance management practices and facilitating continuing education. Fostering a culture of high performance, teamwork, and innovation.
* In conjunction with the Chief Operating Officer, responsible for management and negotiation of all rental/lease agreements, development of new sites/facilities, and IT assignments across all sites.
* Assist in the development of the organization’s financial strategy and financial planning efforts including providing strategic business analysis and advice beyond the compilation of numbers.
* Monitor the organization’s financial reporting and records ensuring compliance with all legislative and Financial Reporting Standards requirements, Management Information System (MIS), Ontario Health Reporting Standards (OHRS) guidelines.
* Oversee the financial, budgeting and selected operational activities of programs and services within the organization ensuring compliance with stated guidelines, funding principles (Ontario Health, Ministry of Long-Term Care, Immigration, Refugees and Citizenship Canada etc.) and all applicable legislation.
* Lead the development and implementation of best practice financial management systems and strategies.
* Deliver innovative solutions that will provide financial information and reporting to improve the overall performance of the organization.
* Develop and maintain scalable financial accounting and reporting policies, processes, and systems to foster and support the continued growth and needs of the organization and meet funder and program requirements.
* Collaborate with the Executive and Management teams to develop and implement financial policies, practices, and procedures.
* Ensure quality control with respect to monthly, quarterly, and annual accounting activities, processes, and procedures.
* Provide regular reporting and financial analysis as required to assess financial and operational performance.
* Lead the annual budgeting process and oversee the cash management function. Lead the development and implementation of best practice financial management systems and strategies.
* Lead the annual year-end process. Ensure accuracy of working papers, financial statements, and tax returns.
* Lead the annual audit process and liaise with external auditors.
* Responsible for the management of company’s insurance and risk management program including the annual renewal process.
* Maintain ongoing banking relationships to ensure financing arrangement are current and favorable.
* Oversee payroll administration and all related legislative reporting.
* Along with the CEO, represent the organization to the board, funders, investors, networking and community partners, donors, lenders, and the financial community.
* Liaise with the Treasurer of the Board of Directors and participate in the Finance & Risk Committee of the Board of Directors as required.
* Coordinate funder communications and related requirements.
* Protect the confidentiality, privacy and security of clients and the organization’s information to mitigate risk.
* Safeguard assets and ensure accurate and timely reporting and forecasting by implementing disciplines of internal audits, controls and checks across all departments.
Qualifications and Skills:
* Degree in Accounting, Administration, or related discipline with an additional professional designation.
* Current certificate of registration (i.e. CPA, CA, CMA, or CGA) is required.
* A minimum of 7 years of experience working in various corporate services functions such as finance, corporate services, and strategic planning and a demonstrated progressive responsibility in a leadership position at the Manager or Director level in a health care or social services setting.
* Experience working with the multiple funders (federal, provincial, community) or in the non-profit sector, an asset.
* Experience with MIS, OHRS and decision support data reports and in the management of IT and IM systems coordination, strongly desired.
* Proven knowledge and application of financial and accounting principles and practices.
* Thorough knowledge of non-profit administration; financial & administrative principles and practices in the not-for-profit sector; risk management; administrative practices; developing and implementing policies and procedures.
* Exceptional business management skills (strategic planning, budgeting, resource allocation and analytics).
* Broad understanding of leasing arrangements/rental contracts and negotiation.
* Procurement and vendor management experience.
* In-depth knowledge of and proficiency with various accounting software, payroll systems, spreadsheets, and other operational systems; Experience with Sage is required and ADP Workforce Now an asset.
* Experience automating financial processes and leading the organization through the implementation of new/upgraded financial systems/software.
* Ethical and independent, demonstrating a high standard of professionalism and respect for confidentiality.
* Excellent leadership, organizational, interpersonal and communication skills.
* Effective priority setting and decision-making skills, and ability to meet deadlines.
* An inclusive and proactive management style with a service orientation.
* Strategic, conceptual, and big picture thinking skills, fostering a climate of innovation.
* Strong analytical and critical thinking skills.
* High-level MS Office suite proficiency.
* Demonstrates clear, concise, and excellent oral and written communication skills.
* Ability to work flexible hours and in a fast-paced environment.
* Valid Driver’s License with reliable transportation is required.
* Successful candidates must provide a satisfactory Criminal Record Check prior to commencing employment.
* It is a condition of employment that employees provide proof that they are fully vaccinated against COVID-19 prior to the start date of employment. Applicants who have appropriate written proof of a medical reason, or a reason pursuant to the Ontario Human Rights Code, for not being fully vaccinated against COVID-19 may provide such documentation to the Human Resources department. Such situations will be considered on a case-by-case basis in compliance with Indus' legal obligations.
Interested candidates are invited to submit their application, including a complete resume of qualifications and experience, electronically to by 12:00pm, May 31st, 2023. Please ensure your application email has the subject heading of “Director – Finance” - (insert your name)’
This job posting is not intended to be all-inclusive. Employee may perform other related duties to meet the ongoing needs of the organization. Indus Community Services is an equal opportunity employer and is committed to establishing a qualified workforce that is reflective of the diverse populations we serve. We are committed to accommodating people with disabilities as part of our hiring process. If you have special requirements, please advise Human Resources during the recruitment process. We encourage applications from all qualified individuals; however, only those under consideration will be contacted. No phone calls please.
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