Job Details: Position Title: Director, Financial Operations & Procurement
Status: FT Admin
Hours: 37.5 hours per week
Faculty/Department: Financial Services
Campus/Location: North Campus ; minimum 4 days in office and 1 hybrid day
Minimum Starting Salary: $165,258; starting salaries are determined based on qualifications and years of related experience .
About Director, Financial Operations & Procurement Position: Under the general direction of the Vice President, Administration and CFO, the Director, Financial Operations & Procurement is responsible for the stewardship of financial resources of Humber Polytechnic and the provision of effective financial services related to, but not necessarily limited to:
- Providing counsel to the Executive Team on financial matters;
- Monthly reconciliation , external , Ministry (year-end and mid-year) and CRA charity reporting;
- Internal controls and external audits;
- Financial systems and related processes;
- Accounts payable, accounts receivable and collections;
- Purchasing services and strategic procurement;
- Investment management, cash management and cash flow forecasting;
- Capital project and asset tracking, forecasting and cash requirement management;
- Charitable and restricted funds management;
- Overall Financial Services day-to-day operations.
This position may be required to act on behalf of the Vice President in their absence.
Administer & provide leadership for the staff & operations of the Financial Services Department : - Sets Financial Services goals aligned with the College Strategic and Business Plan , for recommendation to the Vice President, Administration and CFO;
- Leads, develops and evaluates staff, and oversees contractors and part-time staff;
- Establishes risk management and mitigation strategies for all departmental services;
- Negotiates service provider contracts and implements best practices for continuous improvement.
Financial Services: - Oversees Accounts Payable, Accounts Receivable and Collections, Purchasing, Banking and Investment, Financial Reporting and Financial System access;
- Develops and enforces College financial policies and procedures, recommending updates where warranted;
- Oversees monthly reconciliations, statutory statements, and Board, year-end, audit and Ministry reporting;
- Tracks College fixed assets and sets capital depreciation policies;
- Identifies financial risks and opportunities, and uses performance benchmarks to drive improvements and meet Strategic Mandate Agreement goals.
Investment and Cash Management: - Manages cash flow within affordability and invests surplus funds per the College investment policy and Board direction;
- Reviews forecasts and performance quarterly with Investment Managers, and cash flow needs with Financial Planning;
- Maintains the College's Investment Guideline with MCU Banking.
Management Team Participation: - Acts as a signing officer for college banking and investment instruments;
- Advises the Vice President, Administration and CFO , Senior Management and College management groups on fiscal and operational matters ;
- Helps develop and monitor departmental plans, and fosters teamwork and positive relationships with staff, peers and customers;
- Serves on committees as assigned.
Financial System: - Leads financial system integration, enhancements and upgrades to improve service, reporting and efficiency;
- Maintains the finance website with current information, forms and templates.
What you bring to the role: Education: - The successful candidate will possess a 4-year degree in Business Administrations/Mathematics/Accounting, plus Certified Professional Accountant (CPA) professional designation.
Experience & Skills: The incumbent must have a minimum of 7 years of related experience and should demonstrate the following:
- Demonstrated experience in monthly financial reporting, including budgets, variance analysis
- Demonstrated leadership skills with experience in team development & provision of indirect supervision of clerical/analytical staff;
- Superior verbal & written communication skills;
- Well developed negotiation & presentation skills;
- Project management
- Demonstrated commitment to client service, but with ability to balance client requirements within policy & fiscal constraints;
- Well developed analytical, time management & organizational skills to thrive in busy office environment with multiple & sometimes competing deadlines;
- Experience with implementation of enterprise resource systems would be an asset.
If this sounds like you, we'd love to hear from you! At Humber Polytechnic we don't just accept difference we celebrate it! Experience comes in many forms, skills are transferable, and a progressive mindset goes a long way at Humber. If your experience is close to what we're looking for, consider applying and tell us why you are a great candidate for this job. Find your Spot at Humber!
What's in it for you? - An opportunity to be a part of building Humber's future.
- Be part of a diverse, hard-working, and supportive team.
- Tools and technology that will allow you to succeed at your job.
- Amazing perks!
We thank you for your interest in working with Humber Polytechnic. Only applicants selected for an interview will be contacted.
