Head of Finance
2 weeks ago
Category: Management
Province: Toronto, Ontario
Position: Head of Finance
Deadline: May 31, 2024
Posted: May 2, 2024
CReATe Fertility Clinic, alongside it’s satellite entities, is looking to hire a full-time finance leader. The successful candidate should be a qualified accountant with 5-10 years of experience in managing a mid-size organization. Experience in the fertility field is preferred. Strong interpersonal skills alongside with leadership and problem-solving are also key to the role. The Head of Finance will play a crucial role in overseeing all financial activities of the company, providing strategic financial guidance, and ensuring the financial health and sustainability of the organization.
The role and responsibilities include:
• Oversight of all finance functions of the clinic and its satellite and affiliate offices including timely billing, collections, and financial reporting.
• Oversee all aspects of financial accounting, including accounts payable, accounts receivable, general ledger, and payroll.
• Implementing and managing cost-saving processes and improvements.
• Provide financial analysis and recommendations to support business decisions, investments, and capital allocation with ongoing reporting to key management groups.
• Managing the clinic’s financial planning and risk management.
• Working closely with the clinic doctors and management on business development and other finance initiatives.
• Prepare, analyze, and present ongoing financial data.
• Manage the clinic’s relationships with financial institutions, key suppliers and third party
Accountants.
• Develop and implement financial strategies, policies, and procedures to support the company's short-term and long-term goals and to ensure operational efficiency.
• Manage cash flow, liquidity, and financial risk to optimize financial performance and ensure compliance with financial regulations.
• Collaborate with senior management to develop and execute strategic plans, initiatives, and investment decisions.
• Overseeing the cashflow of the business and ensuring appropriate treasury controls are in place.
• Lead and manage the finance team and provide oversight and direction to those in the organization with financial roles and responsibilities.
• Bachelor's degree in finance, accounting, economics, or a related field; MBA or CPA preferred.
• Proven experience (5-10 years) in a senior financial management role, preferably in a similar industry.
• Strong leadership and management skills, with the ability to motivate and inspire team members to achieve results.
• In-depth knowledge of financial principles, accounting standards, and financial regulations.
• Excellent analytical, problem-solving, and decision-making skills, with a keen attention to detail.
• Advanced proficiency in financial modeling, forecasting, and budgeting techniques.
• Exceptional communication and interpersonal skills, with the ability to interact effectively with stakeholders at all levels.
• Demonstrated ability to drive change, implement process improvements, and drive organizational performance.
• Ability to work effectively in a fast-paced, dynamic environment and manage multiple priorities simultaneously.
• Proficiency in financial software and ERP systems; experience with QuickBooks Online is a plus.
Salary: Compensation with commensurate with candidate skill set and experience.
Contact InformationEmployer ProfileCReATe stands for Canadian Reproductive Assisted Technology. Proudly headquartered in Toronto, Ontario, we are internationally renowned for our specialized fertility services and ground-breaking research.
We are committed to provide personalized, comprehensive, cutting-edge care for every fertility journey. You can rely on our experienced team, our state-of-the-art laboratory facilities, and our pioneering research scientists to give you the best options for creating your family. We are in this together.
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