Finance Manager

4 months ago

Ottawa, Canada Bruyère Research Institute Full time

**POSITION TYPE**: Full-time, 1.0 FTE

**SALARY SCALE**: $52.05 to $59.26 /hour

**CLOSING DATE**: 2024/10/09*

**Why should you join Bruyère RI?**

The Bruyère Research Institute supports investigators who contribute to a better, more responsive health care system that delivers the best care to patients, residents, and families. We focus on finding the future of care for aging Canadians and vulnerable populations.

**What we offer?**
- Competitive health and dental benefits program
- 3 weeks' vacation, 10 sick days, 2 float days
- Matching RRSP Program
- Wellness program and on-site gyms
- Employee perks program
- Employee and Family Assistance Program including Mental health support
- Professional development and learning opportunities
- Flexible work environment

**Summary of the role**

The Finance Manager is the lead for a small Finance team, including a Finance Coordinator and Finance Assistant. The Manager provides short and long-term financial advice to RI leadership and the Board, based on the identified strategic priorities, and serves on the Board Finance and Audit committee.

This role is responsible for:

- Managing RI operating budget and reserve funds, along with overseeing and streamlining pre-and post-award financial activities.
- Planning short and long-term financial, financial reporting, advising on research/innovation budgets and development or revision of finance policies/processes.
- Exercising a high degree of initiative and judgement, such as developing, and implementing various finance plans, policies, and procedures to achieve the strategic objectives of the RI.
- Ensuring that researchers’ financial needs are met, while balancing these with corporate priorities and financial controls.

**Main duties and responsibilities**
- Providing recommendations to RI senior executive that strategically enhance financial performance and business opportunities and develop creative solutions to effectively respond to RI strategic activities
- Managing and overseeing financial plans including investment strategies for the balance and use of reserve funds, restricted funds for scientific recruitment and retention
- Developing, monitoring, and analyzing annual operating budgets in collaboration with senior leadership and other members of the Office of Research Services
- Developing business processes that mitigate risks associated with the use of research and/or innovation funds.
- Supporting RI senior leadership in preparing budget documentation for regular reporting and presentations to the Board, Bruyère Finance, and Bruyère leadership including projections for research funding success and spending
- Ensuring RI compliance with Bruyère - RI Service Level Agreement
- Working with Senior Leadership and researchers to identify and implement new revenue streams, ensuring RI corporate not
- for-profit status is protected
- Overseeing and approving research and corporate financial reports
- Ensuring information on various funding programs and opportunities are shared with research teams
- Providing advice and guidance on financial matters to research and innovation teams through pre and post award processes and overall financial management
- Monitoring, streamlining, and approving financial operations, including purchasing, invoicing, journal entries and other transactions for all cost centers falling under the RI
- Monitoring corporate, research, and innovation cost center deficits, ensuring the research team has a plan to rectify, and reporting to senior leadership accordingly
- Developing and implementing financial processes and practices to ensure efficient year end activities, ensuring as much is completed in advance of year end
- Overseeing operating and research project audits, working closely with external auditors and Bruyère Finance to ensure smooth relations and exchange of information
- Overseeing spreadsheet of current grants/awards is maintained and updated regularly until the new Research Administration System finance module is implemented
- Monitoring operating and research cost centers to ensure compliance with all financial policies
- Overseeing finance team staff, prioritizing tasks as necessary
- Reviewing financial policies and revising as appropriate; communicating effectively to ORS and research teams regularly
- Reviewing Tri-Agency policy updates to ensure RI compliance
- Working with ORS and research teams to plan, train, and implement the new Research Administration System finance module
- Reviewing and developing financial management efficiencies including change management plans, in collaboration with senior leadership, Bruyère Finance, ORS, and research teams
- Developing, refreshing and/or streamlining research finance orientation and training for relevant research team members
- Building strong relationships with other RI’s to share practices and policies
- Additional duties may be added as projects progress_

**Qualifications**
- Chartered Professional Acco

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