Job Posting 98602

Financial Analyst
Child Development Institute
Toronto Metro area
closed 6 days ago (Fri, 23 Feb)
full time

Who we are

 

Children are at the front and centre of what we do; they are the foundation of our purpose and the basis for our evidence-driven strategy. Our mission is to transform the lives of children, youth and their families by developing and delivering innovative, research-based mental health and early learning programs. At the Child Development Institute (CDI), we are passionate about helping our communities’ most vulnerable members and their caregivers. It motivates each of us to face what can be difficult situations while continuously finding the purest joy in play, in silence, in advice, and in the unbelievable strength and resilience of our young clients. Joining us now is a rewarding opportunity to be part of an organization that is built on a legacy of more than 100 years of helping children and families. 

 

Recognized as a leader and model for measurement-based impact, we are client-centred, family-centred, and data-informed. We are a place where professionals grounded in mental health, care, and well-being of infants, children and youth, come together in collaboration, learning and inclusion. As a multiservice organization delivering social, emotional, and behavioural counselling services, early childhood education, learning disabilities and mental health services, and family violence services, we address the whole person from when they begin their life. Every child and family that reaches out to us is unique, and we value and embrace their individuality. We deliver the tailored support and tools they need to build life-long skills, positive mental health, and resilience. With their trust in us, we guide children and families along a supportive journey. It is an often difficult path and simultaneously the most rewarding experience for providers, children and families.

 

Who we need

 

We are looking for a Financial Analyst (FA) to join our growing team. Focusing on fund allocation and reporting, you will work within the finance team to ensure we abide by the terms of the agreement for our various funding contracts. You will track and compare budgets against actuals and provide data-informed recommendations,  assist with new business initiatives and funding applications and manage allocations of restricted funding. You will conduct economic analysis, identify risks and opportunities, develop KPIs, and closely monitor overall performance relative to plans.

 

Who you are

 

You have a cost, data, or financial analyst background in the non-profit or private sector, and you are looking to move into a role with increased ownership and responsibility. You want to go beyond analysis and reporting into building and optimization. And you want to do it at an organizational level, where your insights make an invaluable contribution.

 

What's in it for you

 

Profound purpose. We are a nonprofit organization that supports the most vulnerable members of our communities across a diverse range of backgrounds. This is a chance to bring your analytical and financial insights to balance budgets, forecast needs, create KPIS, and ensure the allocation of funds to the best sources. You will support our financial accountability by creating reports for funders and contributing to the financial planning aspects of grant writing.

 

Growth. As a multi-service nonprofit organization building a more robust financial function, you will grow with us. You will expand your expertise in fund allocation and step up to the challenges of managing multiple contracts, calendars, compliance requirements and agreements. You will have the opportunity to optimize our processes and build reporting frameworks to increase efficiency and our overall capacity to deliver services and programming.

 

As our new Financial Analyst, you will:

  • Manage allocations. You will allocate restricted funds towards eligible expenses, ensuring compliance with funder agreements while proactively alerting management teams to any risk of under-or-over-spending. You will update the fund allocation tracking system monthly, monitoring actual against budgeted spending throughout the fiscal year, informing organizational planning and funder reporting. You will analyze progress to plan, highlight variances and trends and assist in formulating recommendations to stakeholders.
  • Analysis and reporting. You will collaborate with the management teams to gather, analyze, and prepare information regarding financial plans, operating forecasts, and other analytical projects. You will provide detailed reporting on financial performance at a program level, highlighting vital operational trends, risks, and opportunities, and analyze the financial implications of growth strategies, including capital and operating requirements. You will support preparing monthly financial statements and materials for Senior Management and Board meetings. 
  • Build for optimization. You will develop a management reporting framework to support the organization's growth and strategic and operational goals. You will design new reports to manage the business more effectively and help develop and maintain financial models, including sensitivity analyses, around internal and external factors to support achieving overall organization objectives and strategy. 
  • Drive accountability. You will assist in developing the organization's budgets and monitor adherence to approved budgets. You will review the budgeting and spending aspects for all grant submissions to ensure accuracy and completeness, and develop financial analysis to support business cases put forward by program areas. You will recommend continuous improvements in forecasting, reporting, and analysis. 
  • Process financials. You will process journal entries, perform reconciliation, monitor the Accounts Payable inbox, and maintain the accuracy of the accounting ERP system for payroll-related GL codes., user accounts, and approvals. 

You have:

  • The experience. You have experience interpreting financial data and information, as well as experience with forecasting, budgeting, financial modeling, and reporting. You can integrate information from multiple sources towards strategic objectives and recommendations.
  • The analytical mindset. You can quickly understand and analyze various approaches and the short and long-term business benefits or consequences. You can drill down to the details, obtaining the right level of specificity. 
  • The integrity. You hold yourself and the organization you work for to the highest standards of accountability. You are detail-oriented and can balance competing priorities. You look for gaps and identify opportunities to introduce processes to increase efficiencies and build capacity.
  • The interpersonal skills. You have professional communication skills. You can build trust and influence decisions. You are a dedicated and flexible team player able to interact with team members and colleagues at all levels of the organization. You have a demonstrated ability to work in a respectful manner with groups from diverse backgrounds and experiences.

Other requirements:

  • All applicants are advised that offers of employment are contingent upon the successful completion of a Vulnerable Sector Check.
  • Credential verifications and references are required.
  • As a condition of employment, you are required to provide updated COVID vaccinations in compliance with the CDI Mandatory Vaccination Policy.

Join us.

 

Fostering positive transformations in mental health for over a century, CDI is a world-class leader trusted in helping children, youth and families through a wide range of evidence-informed services to build lasting change.

 

At CDI, we prioritize the mental well-being and work-life balance of our teams. We acknowledge the reality of the emotionally demanding work each of us puts in every day. To that end, we strive to create a collaborative, diverse, inclusive, and equitable space where creativity flourish by offering:

  • Full health and well-being benefits.
  • Flexible hours in a planned program environment.
  • A focus on cross-disciplinary collaboration and knowledge sharing.
  • Ongoing paid professional development opportunities and certifications. 

If you want to be part of our vision to make a measurable lifelong impact on the mental health and well-being of children, youth and their families, join us.

 

Apply now

 

If you're excited about this role but your experience aligns differently with every requirement, we encourage you to apply. While specific qualifications are strictly required, others can be based on various experiences, backgrounds, and knowledge. We can't promise an interview, but we will consider your whole application. 

 

What you can expect from our interview process:

  • A virtual interview with a Talent Advisor will discuss your interest in the role and how your background aligns with this role.
  • An in-person interview with the Finance Manager, our Finance Consultant and an HR Representative where you will have an opportunity to further expand on your technical skills and ask questions.

CDI is firmly committed to diversity within its community and welcomes applications from racialized persons/persons of colour, Indigenous People of North America and the world, persons with disabilities, 2SLGBTQIA+ persons, and those who may contribute to the further diversification of ideas. We are committed to providing equitable opportunities in employment and to providing a workplace which is free from discrimination and harassment. We are equally committed to providing an inclusive and accessible workplace. If you require accommodations, please reach out to us at  

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