Financial Manager in Nonprofit Finance

2 days ago

Toronto, Ontario, Canada Altis Recruitment Full time
About This Role

This is a 1-year contract opportunity on a primarily remote basis (1 day a week onsite) with our well-established nonprofit client. The role is critical in supporting financial reporting and analysis, ensuring the accuracy of data across diverse funding streams such as government and private foundations.

Key Responsibilities
  • Prepare monthly, quarterly, and annual financial reports for multiple funding streams, ensuring compliance with funder requirements and accounting standards.
  • Consolidate financial data across projects and funding sources into comprehensive reports.
  • Create and enter revenue invoices and allocate program costs.
  • Maintain schedules for administrative cost recovery and deferred revenue compliance.
  • Investigate and analyze variances between actuals and budgets, providing actionable insights.
  • Prepare variance reports for programs/departments, identifying trends impacting budget performance.
  • Perform monthly staff cost variance reviews, focusing on hours and compensation rates.
  • Assist with annual budget preparation and ongoing forecasting.
  • Prepare budget-to-actual reports and provide spending insights in collaboration with budget managers.
  • Evaluate financial data to ensure compliance with legal, funder, and accounting standards in all financial reporting.
Qualifications
  • Bachelor's degree in Finance, Accounting, Business, or related fields.
  • CPA designation (completed or in progress) is considered an asset.
  • At least 3 years of experience in financial analysis, reporting, or budgeting, preferably in the nonprofit or healthcare sector.
  • Strong analytical and problem-solving skills with experience in variance analysis.
  • Proficiency in accounting software; experience with Oracle NetSuite and Yardi is an asset.
  • Advanced Excel skills for financial analysis.
  • Effective collaboration with internal and external stakeholders.
  • Ability to manage deadlines and prioritize effectively in a fast-paced environment.

The salary range for this position is $60,000-$80,000 per year, depending on qualifications and experience. This role offers a competitive salary, benefits, including participation in the Health Care of Ontario Pension Plan (HOOPP), comprehensive health coverage, and professional development opportunities.

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