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Financial Strategist for Not-for-Profit Sector

2 months ago


Old Toronto, Canada WorkInNonProfits Full time

At WorkInNonProfits, we're committed to supporting the well-being of 2SLGBTQIA+ youth through mental health services, social services, and housing. Our Youth Mental Health services, Youth Drop-In Centre, and Transitional Home provide a safe space for young individuals to thrive.

Job Summary

We're seeking an experienced Financial Strategist to join our team as a CFO Intern. This role is responsible for ensuring organizational effectiveness in the financial and accounting functions. The ideal candidate will have a strong focus on financial analysis and insights, business modelling to support decision making, and analysis of actuals against funds to identify gaps and opportunities.

Key Responsibilities
  • Day-to-Day Accounting: Manage the organization's finance function, including AP (invoices, expense reports, credit cards) and revenue (donations, house rentals, other events). Reconcile accurate and timely bi-weekly payroll runs for employees and prepare payroll journal entries.
  • Financial Performance & Budgeting: Establish budget performance expected from each functional group, supporting leaders with the information and analysis needed to run their department's budget. Lead the monthly, quarterly, and budget forecast processes in conjunction with the Director of F&O and the Leadership team.
  • Compliance & Analysis: Ensure compliance with Canadian accounting standards for not-for-profit organizations, CRA guidelines for charities, and other applicable regulations. Evaluate financial performance by comparing and analyzing actual results with plans and forecasts.
Requirements
  • Professional accounting designation desirable but not required (CPA/CA/ACCA).
  • Knowledge of Generally Accepted Accounting Principles (GAAP) for Not-for-Profit organizations and CRA legislation.
  • Understanding of charitable sector governance policies and procedures.
  • Proficiency in accounting and bookkeeping software (QuickBooks).
What We Offer
  • A competitive salary range of $60,000 - $80,000 per annum, depending on experience.
  • The opportunity to work with a dedicated team passionate about supporting 2SLGBTQIA+ youth.
  • A dynamic and inclusive work environment that fosters growth and development.