Position Notice 26-025 Director of Finance & IT

CLASSIFICATION: Director of Finance & IT – Permanent Full-Time

POSITION SCOPE:

The Director of Finance & IT is responsible for external and internal accounting functions. Provides leadership and coordination of Company financial reporting, planning and budget management functions. Ensures Company accounting procedures conform to generally accepted accounting principles and establishes financial strategies and achieves program goals and objectives consistent with the mission, vison and legal operating authority of CORE Support Services. The Director acquires resources economically, manages them efficiently and provides services effectively to minimize risks and improve quality.

RESPONSIBILITIES:

• Develops and implements accounting policies and procedures in keeping with best practices in related fields, applicable legislation and regulatory agencies.
• Prepare and present monthly and year-end financial statements to the CEO & Board.
• Provides managers and other department heads with financial information required by them to carry out their assigned responsibilities.
• Manages the installation and maintenance of all accounting related systems.
• Provides cash flow management by monitoring all bank accounts and forecast inflows and outflows to ensure the organization can meet future cash requirements.
• Prepare and review monthly variance reports with the Board, CEO, Directors and Managers.
• Network with external stakeholders as required for the benefit of the organization and build good strategic partnerships.
• Collaborate with Senior Leadership to develop, coordinate, implement, and evaluate the Board’s Approved Strategic Plan, Annual Operational Plan, and the program’s short- and long-term goals and objectives.
• Participate in the establishment of the Board’s Strategic Plan.
• Oversee the development and implementation of the Finance Services operational plan.
• Collaborate with the CEO, Directors and Managers in the development of the annual operational budgets.
• Work directly with the CEO and Manager of Facilities for annual capital budget planning and implementation.
• Analyze and assess reports for trends and unusual items for better forecasting and determine quality initiatives.
• Oversee the implementation of internal controls to identify and reduce risk to the organization.
• Monitor financial status of the organization to ensure stability in accordance with Department of Opportunities and Social Development funding, and financial policies established by the Board.
• Ensure Information Management Systems are reviewed for safety, quality improvement and risk management.
• Ensure accuracy, integrity and timeliness of information available to the organization utilizing research informed best practices.
• Participate in meetings and committees as directed by the CEO.
• Review of financial information for reporting to the CEO, Directors, and Managers to assist in providing accountabilities and controls for corporate and client trust assets.
• Monitors the results of the review of cash controls for the month.
• Ensures the reconciliation of inter-facility transactions.
• Ensure control and oversight of all client accounts held in trust.
• Ensures sample testing of client accounts to certify funds are not misappropriated.
• In collaboration with the Staff Accountant, prepares lead sheets; account analysis and working papers for the annual audit file.
• Prepares draft and final year-end financial statements.
• Develop and implement a Quality Improvement Program for the program in accordance with the organization’s financial strategic plan.
• Provides leadership, coaching, problem-solving support and reinforcement of the Centre’s mission and values to all employees.
• Collaborate with the Chief Executive Officer and HR Director.
• Monitor the financial status of the organization within the approved budget,
• Monitor and maintain effective financial controls, to ensure proper signing authority levels and to safeguard assets.
• Conducts salary administration for all staff in coordination with the HR Director.
• Maintains and promotes good working relationships within the organization as a whole and with outside contacts.
• Sits on board of the Apple Tree Foundation & Collaborates with the treasurer.

QUALIFICATIONS:

• Bachelor’s degree in finance, accounting or related discipline.
• Has a Chartered Professional Accountant designation.
• 5-10 years of related management experience.
• Demonstrates continuous learning.
• Knowledgeable and experienced in areas of Finance and Information Technology practices.
• Demonstrates creativity and flexibility in approaching issues/concerns and implements best practices.
• Demonstrate commitment to the organization’s strategic direction and demonstrate work to move the program in that direction.
• Promote and enhance relationship building.
• Strong leadership, communication and organizational skills.
• Sharing knowledge and developing the potential in others.
• Ability to make decisions which are of a critical nature, and which demonstrate excellent judgment ability.
• Has the ability to be self-directed, self-motivated.