Financial Manager
3 weeks ago
**Employment Opportunity - Financial Manager
**Job Summary**:
Reporting to the Director of Operations at Grant Memorial Baptist Church (GMBC), this
position is responsible for all accounting activities and financial reporting related to the
operations of GMBC, a church with 1,500 constituents and an annual operating budget
of $2.3 million.
**Direct Report**: Payroll Administrator/Financial Coordinator
**Time Requirements**: 30 hours per week or.8FTE
General office hours are 8:30 to 4:30, Monday to Friday. Alternative working hours will be
required periodically to meet the position’s requirements.
**Responsibilities**:
Supervisory
- Oversee** **the finance department, manage its records and maintain compliance
with generally accepted accounting principles applicable to a not-for-profit
corporation
- Provide instructions and support to paid and volunteer finance staff
- Oversee and manage accounting and related software
- Oversee the management and administration of payroll, benefits, and the
- group retirement savings plan- Oversee and maintain property insurance, general liability and director
- and officer insurance- Maintain a documented system of accounting policies and procedures, and an
- orderly accounting filing system and chart of accounts- Act as a liaison for all fiscal activities, including interaction with external parties
- Act as Privacy Officer
Accounting
- Review and authorize invoices for payment, and ensure accounts payable and
receivable are processed promptly
- Prepare and review monthly bank reconciliations
- Prepare reconciliation of all inter-organizational accounts
- Prepare and review month-end accruals and adjustments
- Maintain a Capital Expenditure spreadsheet
- Maintain the petty cash fund, cash and bank account balances and banking
- relationships- Prepare and review month-end accruals and adjustments
- Financial Reporting- Prepare monthly financial statements, cash flow and variance reports on an
- accrual basis for review with leadership- Monitor departmental and entity-wide revenues and expenses to budget
- Oversee the annual financial audit preparation; liaise with external auditors,
providing requested accounting documentation and responding to their
enquiries
Regulatory Compliance
- Ensure compliance with Canada Revenue Agency standards and requirements
for a not-for-profit corporation
- Ensure proper accounting procedures for donations and their collection
and recording
- Ensure appropriate records are maintained to facilitate donor records for tax
receipt purposes
- Prepare/oversee the preparation and timely submission of annual charitable
returns and corporate reporting
- Monitor debt levels and compliance with debt covenants
Work together with the Director of Operations to:
- Develop fiscal policies and procedures to include accounts payable and
receivables, capital expenditures, cash management, loans, audits, and
internal accounting controls
- Develop a financial plan, risk management strategy and internal control
strategy
- Prepare the annual operating and capital budgets
- Develop a long-range financial plan
**Qualifications**:
- Demonstrated ability to act proactively in identifying and analyzing issues and
resolving problems
- Proven ability to supervise support staff
- Proven ability to function as part of a multi-disciplinary team
- Excellent interpersonal and communication skills
- Evidence of ongoing professional development and learning
- Excellent organizational and management skills
- Experience working with boards, committees, and volunteers
- Personal relationship with Christ that is demonstrated through lifestyle and
interpersonal interaction
**Requirements**:
- A degree or diploma in accounting, business administration, finance, or any other
relevant field.
- Minimum three years of accounting work experience
- Sound understanding of accounting and financial reporting principles and
- practices.- Experience in a not-for-profit environment
- Demonstrated experience in working in a computerized accounting
- environment, with particular competency in QuickBooks- Understanding of and adherence to confidentiality and privacy issues
**Staff at Grant Memorial Baptist Church exemplify**:
- A sincere love for the Lord evidenced by their lifestyle
- Regular attendance at weekly services
- Faithfulness in tithing
- Adherence to Doctrinal Statement of Faith, Core Beliefs & Lifestyle Commitment
**Other**:
- Attend weekly staff prayer meetings and general staff meetings
- Be available for other areas to support the successful ministry of the church
- Be able to interact with others and demonstrate the values of GMBC
**To apply**:
1. Resume
2. Cover Letter
3. One pastoral reference
Commitment that follows this employment opportunity.
**Closing date**:When the position is filled
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