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Academy Finance Director
2 months ago
Job Title: Academy Finance Director
Job Summary:
Lafontainemazdalivonia is seeking a highly skilled and experienced Academy Finance Director to oversee the financial health of our organization. The successful candidate will be responsible for managing all financial operations, including budgeting, financial planning, accounting, and reporting.
Key Responsibilities:
- Develop and manage the school's annual budget in collaboration with the Head of School, Directors, and Division Principals
- Support strategic planning by providing financial forecasts
- Monitor and report on the school's financial performance, ensuring alignment with budgetary goals
- Oversee all accounting functions, including accounts payable, accounts receivable, payroll, and general ledger
- Prepare and present accurate financial statements and reports
- Ensure regulatory compliance for CRA and Ministry of Education reporting
Cash Flow and Asset Management:
- Manage the school's cash flow to ensure sufficient liquidity for operations
- Ensure regulatory compliance is maintained, including CRA compliant tax receipt preparation and Ministry of Education reporting
- Review and update financial policies regularly, ensuring they align with the school's goals and legal requirements
- Provide training and guidance to staff on financial processes and policies
- Oversee the school's risk management program, including the procurement of appropriate insurance coverage
- Work with the Head of School, Board Finance Committee to mitigate financial risks
- Assist the Head of School and the Director of Facilities in the negotiation of third-party contracts
- Coordinate the annual independent audit, ensuring timely and accurate preparation of audit schedules and financial statements
- Oversee the preparation and filing of all required tax documents and reports
- Implement audit recommendations and address any findings
Human Resource Function:
- Manage the human resource function for the school, including maintaining employee benefits and pension, maintaining appropriate policies and procedures, and ensuring compliance with laws and regulations
- Serve on the Finance Committee and support the Treasurer in meeting fiduciary responsibilities
- Prepare and present financial reports and analyses to the Board of Directors
- Serve as a member of the senior leadership team, contributing to the overall strategic direction of the school
- Collaborate with other directors and administrators on school-wide initiatives and projects
- Supervise and mentor finance staff, fostering a culture of professional growth and accountability
Qualifications:
- Know, understand, and support the school's statement of faith, mission, vision, and core values
- Minimum Bachelor's degree in Accounting, Finance, Business Administration, or a related field; CPA or MBA preferred
- Strong knowledge of accounting principles, financial reporting, budgeting, and cash management
- Experience with financial aid administration and risk management
- Proficiency in financial software and systems, with strong analytical skills and attention to detail
Compensation:
- Comprehensive benefits package, including health insurance, retirement plan, and professional development opportunities