Director of Finance

2 weeks ago

Surrey, British Columbia, Canada Lafontainemazdalivonia Full time
Job Title: Director of Finance

Lafontainemazdalivonia is seeking a highly skilled and experienced Director of Finance to join our team. As a key member of our senior leadership team, the Director of Finance will play a pivotal role in overseeing the financial health of our organization.

Key Responsibilities:
  • Financial Planning and Budgeting:
    • Develop and manage the organization'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 organization's financial performance, ensuring alignment with budgetary goals.
  • Accounting and Reporting:
    • 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 organization's cash flow to ensure sufficient liquidity for operations.
    • Implement and maintain internal controls to safeguard the organization's financial resources.
  • Financial Policies and Procedures:
    • 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 organization's goals and legal requirements.
    • Provide training and guidance to staff on financial processes and policies.
  • Risk Management and Insurance:
    • Oversee the organization's risk management program, including the procurement of appropriate insurance coverage.
    • Work with the Head of School, Board Finance Committee to mitigate financial risks.
    • Ensure compliance with safety and insurance requirements.
    • Assist the Head of School and the Director of Facilities in the negotiation of third-party contracts.
  • Audit and Tax Compliance:
    • 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.
  • Tuition Assistance:
    • Develop and maintain a discreet, confidential, and financially prudent budget and system for the provision of tuition assistance.
    • Work closely with Admissions to develop financial strategies that align with the organization's enrollment goals.
    • Ensure that tuition assistance is processed accurately and in a timely manner.
  • Human Resources:
    • Manage the human resource function for the organization, including maintaining employee benefits and pension, maintaining appropriate policies and procedures, and ensuring compliance with laws and regulations.
  • Board Support:
    • 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.
  • Leadership and Collaboration:
    • Serve as a member of the senior leadership team, contributing to the overall strategic direction of the organization.
    • 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 organization'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.
  • Minimum of 7-10 years of progressively responsible financial management experience, preferably in an educational or non-profit setting.
  • 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.
  • Excellent time-management, organizational, and problem-solving skills.
  • Strong communication and interpersonal skills, with the ability to present complex financial information to non-financial stakeholders.
  • High ethical standards and a commitment to maintaining confidentiality and integrity.
Compensation:
  • Comprehensive benefits package, including health insurance, retirement plan, and professional development opportunities.

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