Manager, Financial Services

Job Overview

The Manager, Financial Services works closely with the Executive Director, Program Managers, and external stakeholders to ensure financial stability and transparency. Key responsibilities include managing the annual budget process, preparing financial statements, overseeing grant management, and ensuring compliance with all relevant regulations. The role of the Manager, Financial Services, is multifaceted and vital for the financial health and management of the organization.

Evaluating the financial performance of the organization and measuring returns on investments, the Manager, Financial Services is a key member of the Leadership team and is responsible to participate in and advise the team in policy development and implementation, advising on budget to actual expenditures, seeking opportunities for growth and supporting the organization within the community.

Key Responsibilities

Budgeting and Financial Planning:

o Oversee the budgeting process, which involves preparing, planning and allocating financial resources to achieve the organization’s goals. Maximizing resource allocation is a key aspect of financial management, ensuring that funds are used efficiently and effectively, ensure financial stability by maintaining a solid financial foundation to sustain organization’s operations and fulfill the mission of the organization.

o Collaborate with managers on budget process, sharing of information as to rationale and continual monitoring of budget to actual costs with managers.

Financial Reporting and Analysis:

o Responsible for producing accurate financial reports and analyzing financial data to inform decision-making. Implement and maintain financial practices by providing regular financial reports, so as to build trust with all stakeholders, and demonstrate a commitment to accountability and transparency.

Risk Management and Compliance:

o Ensuring compliance with financial regulations and managing financial risks is a crucial part of this role. Identifies and assesses potential risks that could impact the organization’s financial stability and reputation, developing strategies to mitigate those risks and implementing internal controls to ensure compliance with regulations and best practices.

o Compliance, on the other hand, refers to adhering to legal and regulatory requirements. This includes filing necessary financial reports, maintaining accurate records, and following ethical guidelines

o To effectively manage risk and ensure compliance, the Manager, Financial Services will utilize various tools and techniques including conducting regular risk assessments, implementing internal control systems, and staying updated on changes in regulations and industry standards.

Grant Management and Fundraising:

o Manage and oversee the financial aspects of grants and fundraising efforts, supports organizational growth through effective financial planning and management to identify opportunities for expansion, develop new programs, and attract additional funding.

Communication:

o Develop positive relationships with internal and external stakeholders with a focus on promoting positive, safe, culturally inclusive environment.

o Respond to queries from CRA, Auditors, Funders and other stakeholders.

o The Manager, Financial Services, in addition to financial management skills, must possess

• strong leadership and communication skills, essential for effectively collaborating with other departments, board members, and stakeholders. The Manager, Financial Services needs to be able to clearly communicate complex financial information in a way that is easily understood by both internal and external parties. They must also be able to lead and motivate their team, providing guidance and support to ensure the financial success of the organization.

Qualifications and Experience

Education: Bachelor’s degree in Commerce, Business Administration, or Accounting.

Experience: Minimum 4 years of relevant experience, preferably in a not-for-profit organization. Proven expertise in finance management or financial services.

Core Skills:

• Advanced proficiency in Microsoft Excel and financial software.
• Strong analytical and mathematical skills for data analysis and reporting.
• In-depth knowledge of cash management principles and practices.
• Demonstrated research skills focused on financial analysis and reporting.
• Ability to prioritize tasks, manage high workloads, and meet deadlines.
• Solution-oriented problem-solving abilities.

Attributes:

• Excellent written and verbal communication skills with clarity in presenting findings.
• Team-oriented with strong interpersonal skills.
• Passion for positively impacting elderly individuals with disabilities.

If you are a detail-oriented finance professional looking for an opportunity to make a significant impact within an organization, we encourage you to apply for this rewarding role as Finance Manager.

Job Type: Full-time

Pay: $70,000.00-$85,000.00 per year

Benefits:

• Casual dress
• Company events
• Company pension
• Dental care
• Disability insurance
• Employee assistance program
• Extended health care
• Life insurance
• On-site parking
• Paid time off
• Vision care

Flexible language requirement:

• French not required

Schedule:

• Monday to Friday

Education:

• Bachelor's Degree (required)

Work Location: In person

Application deadline: 2024-12-09
Expected start date: 2024-12-18