Chief Financial Officer
2 weeks ago
**Position Summary**:
Reporting to the Chief Executive Officer (CEO), the Chief Financial Officer (CFO) provides leadership for the finance department. The CFO is responsible for the statutory financial and administrative duties of the organization. The CFO will work closely with the CEO and Executive Deputy Officer in ensuring financial planning, costs, and reporting support internal and external requirements, including budgeting, forecasting, and analysis, and oversees the daily transaction for the books of accounts of the Canadian Bar Association
As a strategic planner and thinker, the Chief Financial Officer (CFO) is directly responsible for planning and directing all aspects of the organization’s operational objectives and initiatives. A member of the organization’s Executive Team, the CFO will also provide strategic leadership on organizational priorities, including CBA strategic priorities in the areas of diversity, equity, and inclusion. The CFO will have a demonstrated capacity to work collaboratively on teams and is also an energetic self-starter. This role also provides tactical day-to-day financial support and direction as part of the leadership group.
**Location**:
66 Slater St, Suite 1200 Ottawa, ON
**Languages**:
As the national organization for the legal profession in Canada, the CBA delivers services in both of Canada’s official languages. English and French language capability would be considered an asset.
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**Annual Salary**:
**$140,000 - $150,000k / year**:
**Responsibilities**:
- Providing leadership and management to the Finance, Human Resources, and Office Administrative functions; managing financial planning, accounting, auditing, and budgeting efforts
- Guiding the implementation of financial processes and financial systems, leading the preparation of financial reports including quarterly financial statements, audited financial statements, forecasts, budgets, compliance reports, and program reports, ensuring provincial and federal reporting requirements are adequately met.
- Maintains current and adequate records for revenues, expenses, liabilities, and assets, indicating acquisitions and net book values
- Manages financial integrity of both the financial reporting program and membership database by managing input into the computer system and reports
- Provides monthly reports on financial conditions, including explanations for any variances from the budget
- Review and Approval of bi-weekly payroll (prepared by payroll resource) and posts and balances all monthly entries to the general ledger for the Association and Foundation
- Maintaining the enterprise risk registry and working with the leadership team in ensuring identified risks have a mitigation plan
- Lead CBA Operations Team to deliver on CBA’s strategic plan, while optimizing resources and building strong relationships with our Senior Leaders
- Assist the CEO and collaborate with the planning and implementation of corporate strategies and work plans to effectively execute short-term to long-term goals
- Control and conserve budgetary resources by monitoring spending and developing an annual operational budget
- Drive the company’s financial planning and prepares monthly financial and written reports and projections, for review with the Senior Directors
- Collaborate with the Directors in preparing the Association’s annual budget, including liaising with other Directors to help prepare individual department budgets and work with other funding requests and project submissions with departments for external funding for programs
- Leads the finance team through the year-end audit work by liaising with auditors on requirements and full involvement in the preparation of financial statements and prepares government reports as required
- Responsible for all aspects of statutory reporting and audit, including ensuring that all related reporting requirements are adhered to and filed promptly and maintain daily cash flow on all accounts
- Provides explanations and source document materials to the auditing firm before, during, and following the annual audit and ensures cash flow is appropriate for the organization’s operations
- Perform risk management by analyzing the organization’s liabilities and investments strategies by considering cash and liquidity risks
- Control and evaluate the organization’s fundraising plans and capital structure
- Supervise all finance personnel and prepare reliable current and forecasting reports
**Education**:
- ** Master’s degree in business administration**, Accounting, or Finance required
- CPA/CMA/CGA designation is required.
**Experience**:
- Minimum 10 - 15 years of relevant and progressive work experience in accounting or finance, including a minimum of 5 years of management role.
- Relevant experience in the public sector or not-for-profit organizations is desirable.
- Proven experience as CFO, Finance officer, Director, or relevant role.
- Broad knowledge of finan
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