Position Profile:The Chief Financial Officer (CFO) reports to the Chief Executive Officer (CEO) and serves as a member of the Leadership Team. The CFO will be responsible for the day-to-day operations, data entry, grant report entry, managing the organization's fundraising functions, and helping to create organizational and program budgets in collaboration with the CEO and Managers. This position also contributes to the development and implementation of organizational strategies, policies and practices.
Role Overview:The CFO will ensure organizational effectiveness by providing leadership for the agency's financial and operational functions, with an emphasis on:
Financial Management- Analyze and present financial reports in an accurate and timely manner; clearly communicate monthly and annual financial statements; collate financial reporting materials for all funder and donor segments, and oversee all financial, project/program and grants accounting.
- Coordinate and lead the annual audit process, liaise with external auditors and the finance committee of the board of directors.
- Oversee and lead the annual budgeting and planning process in conjunction with the CEO; administer and review all financial plans and budgets; monitor progress and changes; and keep the leadership team informed of the organization's financial status.
- Participate as a member of the bargaining table during the collective bargaining process.
- Manage organizational cash flow and forecasting.
- Implement a contracts management and financial management/ reporting system; ensure that the contract billing is adhered to.
- Update and implement all necessary business policies and accounting practices; improve the finance department's overall policy and procedure manual.
- In collaboration with the CEO & Treasurer, communicate and present the financial matters to the board of directors.
- Support with annual reporting; Pay Equity Reconciliation and fulfilling tax requirements.
- Monitor all fundraising and accounting systems and procedures, capturing pledges, receipts and thank you letters. Recording and allocating all revenue transactions.
- Prepare monthly and quarterly assessments and forecasts of the organization's financial performance against budget, financial and operational goals.
- Conduct monthly reviews of funder allocations.
- Review monthly budget to actual for specific programs and assist managers in managing their budgets.
- Ensure the reconciliation of monthly activity; petty cash, fundraising and accounting systems.
- Maintain working papers on deferred revenue, accruals, prepaids, and capital asset continuity.
- Banking and accounting requirements, deposits, payments of expenses and producing cheques.
- Prepare and support team with program budgets for funder applications.
- Prepare and report financial deliverables as required.
Financial Administration - Coordinate the materials for the Finance Committee; scheduling, preparing agenda, minutes and reporting package.
- Drive initiatives in the management team and organizationally that contribute to long-term operational excellence.
- Improve processes and policies in support of organizational goals.
- Monitor adherence to rules, regulations and procedures.
- Attend and participate in meetings and events as required.
- Supervision of staff as required.
- Liaison with CEO to assist in the development of strategic plans for operational activity. Implement and manage operational plans.
- Contribute to short and long-term organizational planning and strategy as a member of the management team.
- Support the organization's fundraising targets through funding applications, special events, etc.
- Support with Agency material; Annual Report, Impact Statement and Monthly newsletters.
- Other duties as assigned.
Qualifications:- Minimum five (5) years of experience working in a not-for-profit in a finance leadership role.
- Bachelor's Degree in Business, Finance or Accounting or required field.
- Chartered Professional Accountant (CPA) designation is required.
- Knowledge of government and funder agency structures, procedures and reporting.
- Experience developing fundraising strategies, grant applications and project proposals that provide core program/organization support is an asset.
- Strong interpersonal, communication and organizational skills.
- Highly organized, analytical and detail-oriented.
- Excellent time-management skills with the ability to simultaneously manage multiple projects and meet deadlines in a fast-paced, community environment.
How to Apply:
If you are a compassionate, highly motivated and results-oriented individual, with a passion for supporting youth, please send your updated resume and cover letter by clicking "Apply Now". We thank all applicants for their interest in Our Place Peel. We thank everyone that applies. Only qualified candidates selected for interviews will be contacted.
DISCLAIMER
This job posting is general in nature and is not designed to contain or to be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to the job.
Job Type: Full-Time
Vacancy: Current Opening
Address: Mississauga
