Vice President Finance (Calgary)
Hunters Squared Recruitment
Our client is a Calgary-based nonprofit organization currently in a period of significant strategic growth.
The organization operates within a regulated, government-funded environment and is building out its executive leadership team for the first time.
The Opportunity
A newly created executive role reporting directly to the CEO, serving as a peer to an incoming COO. The position carries a formal CFO-Designate pathway, with transition to Chief Financial Officer expected following an initial performance period, subject to Board confirmation.
This is a strategic leadership appointment, not a senior accounting function. The incoming executive will help build the financial architecture that supports the next decade of organizational growth.
Key Responsibilities
- Strategic Financial Leadership
- Develop and maintain multi-year financial models aligned with the organization's strategic plan
- Advise the CEO and Board on capital readiness, risk thresholds, and long-term financial sustainability
- Build and maintain board-ready dashboards, scenario analyses, and financial reporting frameworks
- Lead enterprise-wide financial risk assessment and mitigation planning
- Develop long-term debt, liquidity, and reserve strategies
- Strengthen financial governance practices across the organization
- Capital Development & Fund-Stacking
- Lead financial structuring for major capital projects, including development pro formas and sensitivity analyses
- Manage lender reporting, covenant compliance, and draw management on capital programs
- Oversee compliance with government and institutional funding agreements
- Develop and maintain capital reserve policies aligned with long-term asset sustainability
- Support exploration of innovative financing mechanisms including blended finance and community investment structures
- Government Funding & Compliance
- Ensure full adherence to all regulatory and government reporting requirements
- Oversee annual audit processes and financial statement preparation
- Manage restricted funds, capital reserves, and grant compliance obligations
- Strengthen segregation of duties and internal control frameworks
- Anticipate and mitigate financial and compliance risks that could impact the organization's standing with funders and regulators
- Entity Structuring & Social Enterprise Readiness
- Advise on optimal organizational structures to support long-term asset stewardship and governance alignment
- Assess the feasibility and implications of affiliated or subsidiary entity structures
- Evaluate governance, tax, and compliance considerations across potential multi-entity arrangements
- Ensure clear financial separation and transparency between operating, charitable, and enterprise activities
- Design financial controls and reporting frameworks that support multi-entity governance
- Financial Systems & Infrastructure
- Lead optimization of ERP and financial reporting systems
- Build scalable financial processes capable of supporting continued organizational growth
- Develop and track financial KPIs across operations and capital programs
- Strengthen forecasting accuracy, budgeting discipline, and management reporting
- Executive Leadership & Culture
- Lead, mentor, and develop the finance team, including Controller, accounting, and payroll functions
- Serve as a collaborative and accountable member of the executive leadership team
- Partner closely with the COO on budgeting, forecasting, capital planning, and resource allocation
- Contribute to Board and Audit Committee meetings as a senior financial resource
- Foster a culture of integrity, clarity, and financial accountability across the organization
Ideal Candidate Profile
- CPA designation (required), with 10+ years of progressive senior finance leadership
- Experience in capital-intensive, asset-heavy, or government-funded nonprofit environments
- Demonstrated capital financing and fund-stacking experience
- Fluency in navigating government funding agreements and compliance environments
- Experience with multi-entity or complex organizational structures
- Advanced financial modeling capability
- Board reporting and governance experience
- Calm under pressure, with the maturity to operate effectively in a scaling organization
- Collaborative, high-integrity executive style with strong communication skills
Compensation
Compensation is competitive at the executive level and confirmed upon engagement.
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