Finance Supervisor
1 week ago
Daily Bread Food Bank works towards long-term solutions to end hunger and poverty and runs innovative programs to support individuals living on low incomes and experiencing food insecurity. Daily Bread distributes fresh and shelf-stable food, and fresh-cooked meals to 129 member agencies and 200+ food programs across Toronto. Daily Bread also publishes the influential Who’s Hungry report - an annual survey measuring trends in food insecurity and poverty in Toronto to educate the public and spark policy change.
**Job Title**: Finance Supervisor
**Department**: Finance
**Reporting to**: Manager, Finance and Payroll
**Location**: 191 New Toronto Street, Toronto, ON, M8V 2E7
**Salary**: Level 9, $75,000 to $85,000 per annum, commensurate with experience
**Terms**: 35 hours a week, Full-Time, Permanent, **on-site**
Daily Bread offers an inclusive and engaging workplace culture, a competitive salary and a comprehensive employer-paid benefits package. The wages and benefits paid to Daily Bread Food Bank’s full-time staff meet the requirements of the Ontario Living Wage Network.
**Other considerations for you**:
- 15 days of paid vacation per year.
- Paid sick leave days.
- Active social committee.
- Free on-site parking.
- RRSP Matching after one year.
- Free daily lunches when on-site at the 191 New Toronto St office.
- Recognized as one of Greater Toronto’s Top Employers.
- Awarded Canada’s Most Admired Corporate Cultures by Waterstone Human Capital.
- Recognized as a 5-star-rated charity by Charity Intelligence Canada.
- Creative, kind, fun, and passionate team culture.
**GENERAL RESPONSIBILITIES**
The Finance Supervisor will play a key role in managing financial operations and ensuring compliance with organizational policies. This role involves oversight of both accounts payable and receivable processes, mentorship of finance team members, and support for payroll, audits, and grant administration.
**SPECIFIC RESPONSIBILITIES**
**Financial Operations**
- Oversee Accounts Payable (AP) and Accounts Receivable (AR) functions to ensure timely and accurate processing.
- Manage vendor administration, including onboarding, maintaining vendor records, and verifying EFT details.
- Review and approve customer records and updates.
- Process EFTs, bill payments, and other disbursements in a timely manner.
- Prepare and process higher-level journal entries, including rectification, unusual entries, depreciation, prepaid expenses, and Bi-Weekly payroll entries
- Managing the fixed asset register, tracking additions, depreciation, and disposals, conducting physical inventory counts, and reconciling fixed asset accounts.
**Leadership**
- Provide supervision, mentorship, training, and day-to-day guidance to Finance Associates.
- Support knowledge sharing and development within the Finance team.
**Payroll & HRIS**
- Prepare and process bi-weekly payroll.
- Maintain and update employee records in ADP, ensuring accuracy and confidentiality.
**Compliance & Reporting**
- Support external audit preparation and requirements by providing schedules, reconciliations, and documentation.
- Assist with T3010 reporting requirements and ensure timely submission.
- Ensure compliance with organizational financial policies, procedures, and internal controls.
**Grant Administration**
- Maintain accurate records of grant-related financial reporting.
- Follow up with stakeholders to ensure timely submission of grant financial reports.
**INTERNAL/EXTERNAL RELATIONSHIPS**
Internally, the Finance Supervisor interacts and collaborates with employees at all levels of the organization and occasionally with members of the Board of Directors. Externally, the interaction is with the banking provider, auditors, benefit providers, wage subsidy funders, and government agencies on an as-needed basis.
**EDUCATION/EXPERIENCE**
- Post-secondary degree/diploma, preferably in Business Administration, Accounting or Finance.
- Minimum of five years of extensive financial experience, preferably in charitable or not-for-profit organizations, including 2-3 years of team management or supervisory experience.
- Professional accounting designation (CPA, CMA, CGA, or CA) and payroll qualifications (PCP and/or PLP) are considered assets.
- Experience using computerized accounting software (MS Dynamics 365 Business Central), payroll programs (ADP), and other online programs from benefit providers, government agencies, etc.
- Demonstrated experience completing T3010 and preparing other government forms and filings.
- Proficiency in Microsoft Office (Excel, Word, Outlook, PowerPoint).
**KEY COMPETENCIES**
- Ability to function effectively within a challenging and evolving organization.
- Demonstrated leadership skills and an ability to coach others to work collaboratively as team members.
- Positive, professional attitude and effective communicator with the ability to work collaboratively and build effective working relationships across the organization.
- Strong an
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