Objective:To plan, organize, direct, and evaluate the financial operations of government funded programs. To ensure adherence to funder reporting and program specific agreements.
Key Deliverables:- Support the Finance Director in developing and implementing financial policies and procedures.
- Support the Finance Director in establishing performance standards.
- Improving the operational efficiency through effective implementation, maintenance and use of financial systems and software;
- Ensuring OFIFC's compliance with accounting activities and internal audits with financial regulations.
Key Responsibilities:Program Specific Financial Operations (65%):
- Oversee the operation of the program-focused financial team in day-to-day processes
- With Finance and Program Directors; develop budgets, financial projections, and/or forecasts for programming budgets;
- Ensure adherence to funder financial policies, contracts, agreements and organizational procedures
- Oversee preparation of program-specific financial reports for submission to funders
- Report to Finance and Program Directors any trends that are critical to the organization's financial performance.
- Supervise the development and implementation of program financial simulation models
- Prepares presentations as needed
- Reviews and manages internal program funding systems, controls, processes, and procedures to ensure the integrity, accuracy, compliance, and usefulness of information and reporting;
- Provide analysis and recommendations to support decision-making processes.
- Develop and maintain financial models to support financial planning and decision-making with program Directors.
- Analyze large volumes of data to identify trends, performance, opportunities, and risks.
- Provide leadership and guidance to team members, ensuring high-quality output.
Team Management (10%):
- Assist in training new hires for Financial Analyst and Senior Financial Analyst positions
- Builds capacity and capability within the work group by training, mentoring and coaching direct reports
- Delegating work effectively and holding the staff and self-accountable for outcomes.
Core Operations (5%):
- Accountable for database financial integrity
- Establish tools, and processes to effectively analyse true cost of Programs
- Collaborate and Support Program Budget Authority on an ongoing basis with funder financial negotiations, attend monthly program budget meetings.
- Provide historical data and cost projections, recommend future budget amendments
General (15%):
- Ensure that finance processes that impact program funding and expenses are continuously improved in terms of efficiency, transparency, and overall effectiveness.
- Assist in establishing and recommending updates to financial policies, procedures, and processes.
- Surveys organisational operations to ascertain accounting needs and develops and recommends solutions to business and financial challenges.
- Develops and maintains Process Manual and appropriate tools, forms, and mechanisms for funder reporting and activities.
- Provides direct support in financial review and/or inquiries by Government funders and OFIFC staff.
- Provides input to OFIFC delivered trainings and workshops with respect to financial activities that support program funding.
Audit (5%):
- Works with Finance Director on Audit tasks including compiling supporting documentation, reconciling balance sheet, revenue and expense schedules
- Prepare and participate in specific program audits,
- Ensure compliance to internal controls and accounting standards
Education/Work Experience:- Completed bachelor's degree in business administration, commerce or a related field is required.
- Recognized accounting designation (CPA, CA, CPA, CMA or CPA, CGA) is an asset.
- Minimum 5 years of experience in finance including 3 years in team management level
- Minimum 5 years experience with corporate governance in a not-for-profit, preferably within an indigenous organization.
Behavioural Competencies:- Teamwork and collaboration skills
- Strategic, analytical, and critical thinking
- Problem-solving and decision making
- Integrity and credibility
- Critical thinking, investigative and observational skills
Technical Competencies:- Advanced knowledge of Accounting Standards for not-for-profit organizations (ASNPO)
- Strong knowledge of related federal and provincial laws and regulations.
- Proficiency in platform-based accounting software and data analysis software.
- Experience developing and delivering financial reports using key performance measures to drive outcome-focused decisions.
What we offer:- Culture-based organization
- Registered Pension Plan - Employer Matching
- Hiring Range: $97,000 - $102,335
- Full Pay Range: $97,000 - $118,000
- Comprehensive Health benefits after the probationary period including Health Care Spending Account & Lifestyle Spending Account (100% Employer paid)
