Director of Finance

4 days ago

Saskatoon, Canada YMCA of Saskatoon Full time

The Saskatoon Family YMCA is a leading non-profit charity in Saskatchewan, committed to fostering strong kids, families, and communities. With an annual operating budget of $10 million, we are one of the largest multi-sector charities in the province. We impact nearly 10,000 people every year through our four core pillars: Promoting Healthy Living, Helping Children and Families Thrive, Fostering Belonging and Connection, and Staff and Volunteer Engagement. Our commitment to member-focused service delivery inspires our 250 team members and over 70 volunteers to effectively leverage our resources to maximize our community impact.

Why Should You Join Our Team?

At the Saskatoon YMCA, we are passionate about our work and know that we are creating a positive impact in the community. If you are committed to making the community a better place and developing your leadership skills, this is the place for you

The Saskatoon YMCA offers a range of perks and benefits, including:

  • Competitive salary
  • Complimentary YMCA Individual Plus Membership, with the option to add family members
  • Discounts on specialized health and wellness programming
  • Comprehensive group benefits
  • Registered Pension Plan with a 5% matching contribution, available after 2 years of continuous full-time employment
  • Ongoing leadership development and growth opportunities
  • Access to training and recertification programs
  • Employee Assistance Program (EAP)
Position Overview

As a Full-Cycle Accountant, you will play a crucial role in managing the financial operations of our Association. This position reports to the Chief Executive Officer. Your responsibilities will span the entire accounting cycle, from recording transactions to financial reporting. You will work closely with other team members to ensure accurate financial records and compliance with relevant regulations.

Responsibilities

  • General Ledger Management:

    • Maintain and reconcile the general ledger, ensuring accuracy and completeness.
    • Reconcile and record all financial transactions, including donations, grants, and expenses.
    • Prepare journal entries and adjust accounts as needed.
    • Maintain fixed asset/PPE schedules, including capital additions/disposals and depreciation.

  • Accounts Payable and Receivable:

    • Ensure payables and receivables are processed according to policies and procedures.
    • Prepare GST/HST returns, claiming appropriate rebates on invoices.

  • Banking and Cash:

    • Perform daily cash flow reporting and manage timing of payments as necessary.
    • Liaise with bank authorities.
    • Ensure bank reconciliations are completed monthly and assist where needed.

  • Financial Reporting:

    • Prepare monthly, quarterly, and annual financial statements.
    • Generate reports on budget vs. actual performance.
    • Be responsible for the annual audit.

  • Budgeting and Forecasting:

    • Collaborate with program managers to develop and monitor budgets.
    • Provide financial insights to support decision-making.
    • Forecast cash flow and financial needs.

  • Compliance and Regulatory Requirements:

    • Ensure compliance with relevant accounting standards and regulations.
    • Assist with annual audits and liaise with external auditors.
    • File T3010 charitable return and maintain accurate records.

  • Financial Analysis:

    • Analyze financial data to identify trends, anomalies, and areas for improvement.
    • Provide recommendations for cost-saving measures and efficiency enhancements.

  • Other Duties:

    • Participate in organizational meetings and contribute to financial discussions.
    • Support grant applications and reports by providing financial information.
    • Collaborate with colleagues on special projects as needed.
    • Ensure proper funding, grant tracking, and business analysis for childcare centers.
    • Support commercial tenant management with lease agreements, rent collection, and tracking occupancy costs.
Qualifications
  • Bachelor’s degree in accounting or equivalent work experience
  • CPA designation (or in progress) is preferred
  • Minimum of 5 years of experience in full-cycle accounting
  • Experience working in a not-for-profit and/or charity using restricted fund accounting
  • Knowledge of QuickBooks accounting software
  • Experience preparing and managing multi-department budgets
  • Comprehensive understanding of GST and Canadian payroll procedures
  • Ability to lead the organization’s strategic direction related to all aspects of its finances
  • Excellent leadership skills
  • Strong communication skills that facilitate effective collaboration across all levels of the organization
  • Highly organized team player with great attention to detail and accuracy
  • Quick learner with a strong work ethic
  • Proficiency with Microsoft Excel, Word, and Outlook
  • Current Criminal Record Check
What Qualities Do We Look For in a Saskatoon YMCA Staff Member?

Our staff model and are committed to the following competencies:

  • Commitment to Organization Vision and Values: Demonstrates and promotes a personal understanding of and appreciation for the mission, vision, strategic outcomes, and values of the YMCA.
  • Diversity: Values and respects the diverse perspectives, backgrounds, and experiences that strengthen our community and enrich our workplace.
  • Philanthropy: Demonstrates personal responsibility for the YMCA as a charity.
  • Leadership: Guides, motivates, and inspires self and others to take action to achieve desired outcomes.
  • Outcome Thinking: Visualizes, understands, and articulates YMCA outcomes and formulates strategies, plans, and actions for achievement.
  • Quality Focus: Ensures YMCA programs and services are superior.
  • Teamwork: Actively builds teams and encourages open relationships for maximum organizational effectiveness.
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