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Academy Finance Director

2 months ago

Old Toronto, Ontario, Canada Child Development Institute Full time
Director of Finance Job Description

At Child Development Institute, we are seeking a highly skilled and experienced Director of Finance to join our Senior Leadership Team. As a key member of our team, you will play a critical role in ensuring the fiscal health and sustainability of our organization.

Key Responsibilities:
  • Oversee all finance and accounting functions, including budgeting, forecasting, and financial reporting.
  • Lead the implementation of external audit recommendations and report regularly to the CEO and Board of Directors on progress achieved.
  • Develop and strengthen the organization's fund accounting system and reporting, ensuring compliance with funder agreements.
  • Provide consistent, accurate, and comprehensive financial analysis and reporting to senior management and the Board of Directors.
  • Ensure the finance team produces timely and accurate financial reports for funders in compliance with complex and changing reporting requirements.
  • Provide monthly and annual cash flow forecasts, identifying pressure points and proposing risk mitigations.
  • Engage in regular budget re-forecasting, including updates on actuals against budgets to identify potential slippage or overspending.
  • Strengthen and monitor the development and application of financial controls, providing assurance to the Board of Directors, CEO, and senior leadership that internal controls, procedures, and processes are effective and efficient.
  • Develop and maintain effective financial policies, processes, and procedures.
  • Implement risk mitigation strategies, collaborating with the CEO and senior leadership to develop, implement, and maintain a risk management framework.
  • Lead the Finance team and provide support, coaching, mentorship, and continuous learning opportunities.
Requirements:
  • Progressive, in-depth non-profit experience in a senior financial management role.
  • Proven experience in budgeting, financial management, financial analysis of business operations, and fund accounting.
  • Experience working with nonprofit boards of directors and an in-depth understanding of funder risk mitigation, governance, and engagement with external collaborative partners.
  • Experience writing business plans, proposals, reports, and briefing notes.
  • In-depth knowledge of finance and accounting principles for Canadian charities, business acumen, and an aptitude for strategic systems implementation.
  • Proficient in MS Office with expertise in Excel, analytical reporting tools, and accounting systems.
What We Offer:

As a Director of Finance at Child Development Institute, you will have the opportunity to work with a dedicated team of professionals who are passionate about making a difference in the lives of children and youth. We offer a competitive salary and benefits package, as well as opportunities for professional growth and development.