Director, Finance
Canadian Mental Health Association, York
Position
Director, Finance – Permanent, Full-Time, 35 Hours per Week; Evening Hours and Weekends may be required
Salary Range: $106,708-$129,324. This represents steps 1-7 of a seven-step salary grid. Candidate experience and internal equity will be considered when determining the starting salary
Reason for Posting: An existing vacancy.
Closing Date: July 2, 2026
Location: The CMHA home office for this role is Newmarket, located at 1101 Nicholson Road, Unit 5, Newmarket, ON L3Y 9C3. The incumbent may be required to travel to other CMHA Offices in York Region and South Simcoe as required.
Job Profile:
Reporting to the VP Finance & Technology, this Senior Management Team position contributes to the overall success of the organization by effectively managing all financial and accounting operations, including budgeting and financial analysis. Directs the day-to-day financial operations of the agency in accordance with the agency’s standards, guidelines and regulations, to achieve the strategic directions and operational plans of the organization.
Duties
Financial Accounting and Reporting:
- Develop and maintain timely and accurate financial statements and reports that are appropriate for the users and in accordance with generally accepted accounting principles (GAAP)
- Develop, implement, and ensure compliance with internal financial and accounting policies and procedures
- Ensure that all statutory requirements of the organization are met including Charitable Status, Withholding Payments (CPP, EI), Income Tax, Goods and Services Tax, Employer Health Tax
- Monitors financial results and expenditures by using variance analysis, forecasting methodologies, and comparison to the fiscal budget
- Develops computer models for revenue and expenditure forecasting, monthly accruals, variance analysis, and budget monitoring
- Annual budget planning for financial and volume targets, and budget completion
- Prepare all supporting information for the annual audit and liaise with the Board's Audit Committee and the external auditors as necessary
- Develop and maintain financial accounting systems for cash management, payroll, accounts payable, accounts receivable, credit control, and petty cash
- Oversee the bookkeeping function including maintenance of the general ledger, accounts payable, accounts receivable, and payroll
- Ensures all external mandatory reporting requirements are met, including Ministry of Health and all funders
- Manage the acquisition of capital assets and ensure that assets are properly recorded, amortized, and disposed of as appropriate.
- Prepare annual charitable returns in a timely manner as appropriate
Payroll Preparation and Administration:
- Oversee all payroll-related functions to ensure that employees are paid in a timely and accurate manner
- Work in collaboration with the Senior Director, People, and Teams to negotiate health benefit plans
- Oversight of the process and submission of statutory and benefits remittances on time
- Oversight for issuing annual T4s and T4A
Budget Preparation:
- Establish guidelines for budget and forecast preparation, and prepare the annual budget
- Assist the leadership team with the preparation of budgets for their programs/departments and funding applications
Project Accounting:
- Maintain financial records for each project in a manner that facilitates management reports and external reporting
- Ensure that accurate and timely financial statements are prepared in accordance with contract agreements with funders
- Provide accurate and timely reporting on the financial activity of individual projects
Department Management:
- Manages direct reports including but not limited to:
- Hires and orients staff
- Delegates and assigns work, and projects and monitors completion
- Develops, coaches, supports, and evaluates performance
- Ensures staff have the tools including required training to meet job requirements
- Develops remedial plans as required
Quality:
- Ensures that continuous quality improvement is an operational goal
- Ensures that indicators and metrics are developed to monitor quality initiatives
- Analyses trends and directs the development of remedies and performance improvement
Policies, Procedures, and Legislation:
- Adheres to the organization’s Vision, Mission, Values, and goals as outlined in its strategic plan
- Adheres to all organizational policies and procedures
- Is familiar with pertinent provincial legislation that includes: the Mental Health Act, the Health Consent Act, PHIPA, the Substitute Decisions Act, the Occupational Health and Safety Act, the Employment Standards Act, and the Ontario Human Rights Code
Requirements:
- Bachelor's degree in accounting, Commerce, or Business Management/Administration is required
- Professional designation (for example Chartered Professional Accountant), or equivalent is required
Prior Work Experience:
- Substantial recent & relevant experience, (minimum of five years) in a financial management position working at a management level. Experience in the public healthcare environment will be considered an asset
Knowledge:
- Knowledge of generally accepted accounting principles
- Knowledge of federal and provincial legislation affecting charities
- Knowledge of provincial legislation on Employment Standards, Occupational Health and Safety, and Human Rights
Working Conditions:
- Works in a private office.
- Requires some evening and weekend work.
- Travels to agency offices
Disclaimer: In keeping with mental health reform, best practices, funding, and direction this position may later require knowledge, skills, abilities, and working conditions not noted here.
To request this posting in an alternate format or to request accommodation in the application process, email View email address on ca.talent.com
Equity and Inclusion: CMHA-YRSS is dedicated to promoting employment equity and dismantling obstacles to employment for marginalized communities. We welcome applicants with lived experience of mental illness and encourage applications from racialized persons and persons living with disabilities, in accordance with the Ontario Human Rights Code provisions.
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