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Chief Financial Officer

7 months ago

Mississauga, Canada triOS College Full time

**triOS College **is a Canadian owned Registered Private Career Colleges in Ontario. We strive to be the very best at what we do, both in the eyes of our students and coworkers. It is the dedication of our employees that has resulted in being recognized as one of Canada’s Best Managed Companies for 12 consecutive years. Our Colleges were founded on familial values and these have been retained for the last 30 years. We are truly a team in every sense and work collaboratively towards our common goal of preparing job-ready graduates. Our teams are highly motivated and passionate about the work they do and the impact they have on changing the lives of each student that studies at the Colleges.

**The Opportunity**

The Chief Financial Officer (CFO) for triOS and Eastern College is a key leadership position responsible for overseeing and managing the college's financial operations, facilities and information technology service to ensure the institution's long-term financial sustainability. The CFO will provide strategic financial leadership, planning, and oversight to support the college's mission of helping students become job-ready graduates. This role requires a strong financial acumen, exceptional leadership skills, and the ability to work collaboratively with various stakeholders.

**Key Responsibilities**

**Financial Strategy and Planning**:

- Develop and implement a comprehensive financial strategy that aligns with the college's mission and goals.
- Provide financial forecasts, analysis, and recommendations to the President and the Board of Advisors.
- Ensure financial planning and budgeting processes are efficient and result in sound fiscal decisions.

**Financial Management**:

- Oversee the college's financial operations through the finance team, including budgeting, accounting, regulatory oversight and financial reporting.
- Implement and maintain internal controls to safeguard the college's assets and maintain the integrity of financial data.
- Manage investment portfolio and treasury to maximize returns while minimizing risks.
- Responsible for capital leases, lines of credit, and other related financial activities with banks, investors etc.

**Financial Reporting and Compliance**:

- Ensure compliance with all relevant financial regulations, reporting requirements, and accounting standards.
- Prepare and present financial reports to the Board of Advisors and external stakeholders.
- Work closely with auditors during annual financial audits.
- Ensure full tax compliance and efficient tax planning.
- Ensure that corporate records and minute books for all entities are maintained and up to date.
- Provide periodic reports, budgets, and performance reviews to CEO and/or President as required.

**Risk Management**:

- Identify and mitigate financial risks through risk assessment and insurance management.
- Develop and implement strategies to safeguard the college against financial crises.

**Financial Leadership and Team Management**:

- Provide leadership and mentorship to the finance and information services teams, fostering a culture of excellence, collaboration, and accountability.
- Support the recruitment, training, and evaluation of finance and accounting staff to maintain a high-performing team.
- Define and implement an organizational structure to support profitable growth.
- Implement training and development plans for managers and create succession plans.
- Hold meetings with direct reports and staff meetings, as required, to promote internal communication, awareness, and efficiency.

**Resource Allocation**:

- Allocate resources to support academic and administrative functions in a manner that enhances the college's overall performance.
- Evaluate and prioritize capital projects and ensure they align with the institution's strategic goals.

**Leadership and Vision**:

- Collaborate with executive leadership to develop and meet Company goals while providing expertise and guidance on international and domestic operations projects and systems.
- Work with the Executive Team on setting strategic objectives and goals for the entire organization and support the team in the achievement of these goals.

**Strategic Partnerships**:

- Collaborate with other college leaders to align financial strategies with academic, administrative, and operational priorities.
- Build and maintain relationships with external partners, such as banks, investment firms, PE funds and government agencies.

**Strategic Planning**:

- Set short-term and long-term goals for the organization.
- Participate in capacity planning and scheduling, in coordination with facilities management, to align the growth of facilities and enrollment within the maximum capacities defined by Provincial Ministries overseeing Colleges and Universities

**Business Development**:

- Provide financial and strategic direction for the business.
- Attending various meetings to keep informed of company activity and be involved in decision making pr