Finance Manager

1 week ago

Etobicoke, Canada Catch the Fire Full time

At Catch The Fire Toronto, we exist to continually encounter God’s presence, leading people in transformation so we can bring the Kingdom of God to our city and the world.

This role is to personally model and champion the values of:
**Presence**

I am a pursuer of His presence and I value the anointing of the Holy Spirit.
I positively contribute to an atmosphere where God’s presence is a priority.

**Encounter**

I am hungry to intentionally experience God and be in relationship with him.
I actively seek opportunities to bring others into encounters with God.

**Transformation**

I am on a transformation journey and I am proactive in the healing of my heart.
I pursue and welcome feedback from those I lead and am led by.

**POSITION PURPOSE**

The Finance Manager contributes to the overall success of Catch The Fire Toronto by leading the finance department and financial processes to provide accurate and timely financial information, in compliance with approved financial policies as well CRA and other regulatory bodies’ requirements, to support leadership decision making.

**POSITION ACCOUNTABILITIES**

Key accountabilities and responsibilities for this role:
**Finance Accounting and Reporting**
- Lead the finance team to deliver daily financial operations with excellence.
- To the appropriate Canadian accounting standards, manage the processes for:

- Bookkeeping functions including maintenance of the general ledger, accounts payable, accounts receivable and payroll, documenting and maintaining complete and accurate supporting information for all financial transactions.
- Month-end close procedures to meet the Director of Church Operations and Senior Leadership target month end deadlines.
- Financial accounting systems for cash management, accounts payable, accounts receivable, credit control, bank reconciliations and petty cash.
- Managing cash flow and preparing cash flow forecasts for the Director of Church Operations and Senior Leadership.
- Advise budget holders on budget allocations, spending against budget and timing based on cash flow implications.
- Creating and updating policies and procedures to ensure that financial information is properly recorded in compliance with current legislation for preparation of financial statements.
- Managing and advising on the acquisition of capital assets and ensuring that assets are properly recorded, amortized, and disposed when required.
- Effectively communicating about and monitoring relevant stakeholders in following financial procedures and policies. Conduct training with the Finance team and other staff members in these areas as appropriate to ensure best practices are followed in all financial processes and procedures.
- Respond to inquiries from Senior Leadership, Directors and Managers regarding reporting.
- Develop, implement, continuously improve and ensure compliance with internal financial policies and processes.
- Develop and maintain timely, accurate and appropriate reports for stakeholders in accordance with Canadian accounting standards.
- Manage the annual audit process and liaise with the external auditors.
- Review and analyze monthly financial reporting prepared by the Finance team, and work with Senior Leadership on implementing corrective actions as necessary.
- Work with Senior Leadership to prepare quarterly reporting for the Board of Directors.

**Statutory Remittences and Administration**
- Manage systems to ensure annual corporate returns (T3010s, etc.) and tax documents (T4s, T4A’s, T4NRs, etc.) are completed on a timely and accurate basis.
- Manage systems to ensure statutory requirements are met including Charitable Status, Federal Source Deductions, Income Taxes, Non-Resident Withholding Taxes, HST, etc.

**Budget Preparation**
- Manage annual forecasting and budgeting processes, and work with the Director of Church Operations to deliver annual corporate budgets by the December Board meetings, in accordance with goals set.

**Management of Finance Team Staff**
- Assign accountabilities/tasks to staff within the department within the resources allocated and agreed with the Director of Church Operations
- Manage the development of staff within the department
- Initiate the removal of a team member from a role in the finance team, within the policies and due processes of the organization

**POSITION QUALIFICATIONS**

Key educational and experiential qualifications for this role:

- Relevant education in Finance & Accounting.
- 3-5 years of relevant experience.
- Working knowledge of charity law and thorough understanding and knowledge of accounting principles.
- Highly detail-oriented and proven ability to analyze large amounts of data.
- Excellent leadership abilities, able to work independently and multitask.
- Ability to lead a team by positively influencing others to achieve results.
- Passionate, approachable and proactive with excellent skills in verbal and written communication.
- Advanced knowledge of Google Suites is

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