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Interim Head of Finance

1 month ago

Toronto, Ontario, Canada LHH Knightsbridge Full time

IMMEDIATE INTERIM OPPORTUNITY

Interim Head of Finance & IT

Reports to: Chief Executive Officer

Duration: 6-12 Months

Location: Toronto, ON

2 days onsite

Open to a 4- or 5-day week

Our client, a Canadian not-for-profit health services organization, is seeking a seasoned finance professional to assess and elevate the finance function whilst coaching and mentoring the team through a period of transition. This is an exciting mandate for a seasoned hands-on leader who loves driving change and making an impact. Our client is looking for this executive interim to provide strategic and operational guidance to the leadership team and help establish a robust financial strategy to platform them for success as they continue to grow and evolve their funding and services. This senior leader will also ensure the organization is compliant with all relevant policies, maintains efficient and effective financial systems and processes, high service levels and accountability across its core functions.

Key Accountabilities:

  • Partner with the CEO to create and establish a new 5-year financial strategy.
  • Assess the people, policies, processes, and procedures providing key insights for change.
  • Motive, coach, and engage a small finance team.
  • Elevate the strategic value of the finance department to the organization.
  • Assist the CEO with financial reporting at Board and Annual General Meetings.
  • Collaborate with the senior leaders to guide them through the annual budgeting process.
  • Navigate successfully through the Year-End process.
  • Maintaining the financial records and reporting for all capital projects, including budget review and cash flow planning to provide a high level of financial insight to all stakeholders.
  • Work with the Ministry of Children, Community and Social Services directly to provide them with monthly reporting and analysis.
  • Oversee the month-end process and ensure the financial stability of the organization.
  • Responsible for fiscal integrity, policies, and procedures, budget systems, internal controls, etc.
  • Oversee preparation of all monthly and quarterly reports and ensure that reports are completed promptly.
  • Monitor cash flow daily and make appropriate decisions to maximize cash position.
  • Assess the current financial systems and provide cost effective solutions to match the future needs of the organization.
  • Maintain accounting computer management information systems and software.
  • Identifying and addressing financial risks and opportunities.
  • Monitoring financial performance by measuring and analyzing results.
  • Reporting financial status by developing and maintaining forecasts.
  • Guide the ongoing development and refinement of financial goals/objectives and strategies that are aligned with the vision and priorities of the organization.
  • Advise senior leadership on strategic and operational financial challenges related to funding changes, business planning, budget management, and risk management.
  • Ensure integrity of internal controls.
  • Managed the outsourced IT vendor and ensure the infrastructure and technology solutions are optimized.

Qualifications & Education:

  • 5+ years' experience in a financial leadership role, ideally as the number one person in finance in the not-for-profit sector.
  • Recognized accounting designation (CPA, CA).
  • Strong interpersonal abilities, an effective communicator with strong organizational skills, client-focused orientation, and commitment to providing long-term quality services.
  • Progressively responsible experience in accounting, audit procedures, and financial operations.
  • Demonstrated impact in not-for-profit or business organization(s) in a senior leadership position.
  • Experience implementing or upgrading financial systems.
  • Ability to present complex financial information and requirements to various audiences and present convincing recommendations for effective and appropriate financial management.
  • Capacity to think both strategically and tactically.
  • Ability to inspire and mentor staff and delegate appropriately, fostering staff accountability and responsibility.
  • Strong team leadership and mentoring skills.

PLEASE SEND YOUR CV (AS A WORD DOC) TO: (Subject: Job Title)

LHH Knightsbridge Interim Management is a service to help our clients address a wide range of scenarios including leadership support due to sudden departures, driving key change initiatives or leading transformation projects. Our interim executives step in with minimal downtime to meet specific objectives and deliver results. All have held senior positions in the past and have now chosen to offer their unique depth and breadth of experience to organizations on a limited engagement basis.

Follow the LHH Knightsbridge LinkedIn page and set up a job alert to learn about new Executive Interim opportunities.

Lee Hecht Harrison Knightsbridge Corp. is committed to providing equitable treatment and accommodation to ensure a barrier-free recruitment process. In accordance with the Ontario Human Rights Code, Accessibility for Ontarians with Disabilities Act and our AODA policy, a request for accommodation will be accepted as part of the hiring process. If you require accommodation to apply or if selected to participate in an assessment process, please provide your accommodation needs in advance to the Recruitment Lead for this opportunity.

We thank all interested candidates in advance; however, only individuals selected for interviews will be contacted.

February 2025