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Director of Finance And Administration

3 months ago

Mississauga ON, Canada Arrow Workforce Solutions Full time

Tenure - Permanent, Full TimeLocation - Mississauga, ONCompensation - $110k - $150k/annually (+other benefits)Position Overview: The Director of Finance will be responsible for overseeing all financial aspects of the organization, including financial planning, management of financial risks, record-keeping, and financial reporting. This role is critical in providing strategic financial input to senior management, enhancing financial processes, and ensuring the financial health of the organization.Key Responsibilities:Financial Planning and Analysis:Provide financial insights and recommendations to support organizational growth and sustainability.Develop and implement financial strategies, plans, and forecasts.Conduct financial analysis, budgeting, and reporting to support decision-making.Budget Management:Prepare, monitor, and manage the annual budget.Ensure alignment of the budget with the organization's strategic objectives.Financial Reporting:Prepare accurate and timely financial statements and reports.Ensure compliance with all statutory and regulatory requirements.Risk Management:Identify and manage financial risks, including the development of risk mitigation strategies.Ensure adequate internal controls are in place.Compliance and Audit:Oversee and coordinate all audit activities.Ensure compliance with federal, state, and local financial regulations and standards.Accounting Operations:Oversee daily accounting operations, including accounts payable, accounts receivable, payroll, and general ledger functions.Ensure accurate and timely financial data and records.Team Leadership:Lead and mentor the finance team, promoting professional development and growth.Foster a collaborative and results-oriented work environment.Stakeholder Communication:Communicate financial status and insights to the Executive Director, Board of Directors, and other stakeholders.Present financial information at board meetings and other organizational events.Grant Management:Oversee financial aspects of grant management, including budgeting, reporting, and compliance.Work closely with the development team to ensure accurate grant financial tracking and reporting.Strategic Initiatives:Contribute to the development and implementation of strategic initiatives and organizational goals.Qualifications:Bachelor’s degree in Finance, Accounting, Business Administration, or related field; Master’s degree or CPA preferred.Minimum of 7-10 years of progressive financial management experience, preferably in the not-for-profit sector.Ensure compliance with accounting standards and regulations such as Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS)Direct Corporate Accounting processes and ensures reports comply with regulatory and GAAP standards and practicesStrong knowledge of non-profit accounting standards, regulations, and compliance requirements.Proven experience in financial planning, analysis, budgeting, and reporting.Excellent leadership, communication, and interpersonal skills.High level of integrity, attention to detail, and organizational skills.Proficiency in financial management software and Microsoft Office Suite.