We are looking for an enthusiastic, professional, hardworking and knowledgeable Director of Finance to join our team!
32-40 hours a week, flexible
Annual Salary: $90,000.00-$110,000.00
The Director of Finance is a key leadership role responsible for overseeing the financial operations of the organization. This position involves strategic planning, financial reporting, budgeting, and ensuring compliance with regulatory requirements. The ideal candidate will demonstrate strong analytical skills, leadership qualities, and a thorough understanding of financial management principles.
We offer a flexible work schedule; examples may include a four-day workweek and a hybrid work-from-home model.
Paid vacation time
Municipal Pension Plan
Employer-paid benefits: Vision Care, Dental Care, Prescription Drugs, Naturopath, Acupuncture, Chiropractic, Physiotherapy and Massage Therapy.
Annual $1,000 health care spending account
Employee and Family Assistance Program (EFAP)
Ongoing leadership and professional development opportunities Positive social impact in the community
Executive Director of Finance Job Summary
The Executive Director of Finance will work closely with the CEO and senior leadership team to ensure effective, accurate, and timely management of all financial matters for the Society by ensuring all services are delivered in accordance with legislative, regulatory, and funding requirements. The Executive Director of Finance will be responsible for activities related to cost and general accounting, financial analysis, budgeting, internal and external financial reporting, risk management, accounts payable, accounts receivable, payroll, purchasing, audit preparation and other duties as assigned.
This position will have direct reports and will be accountable for the development, supervision, guidance, and performance management of their team.
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
Manage the accounting function ensuring efficient systems, process and controls that meets the needs of the business today and the future
Ensure that all statutory requirements of the organization are met
Ensure all Withholding Payments (CPP, EI), Income Tax, Municipal Pension Plan, Worksafe BC and Goods & Services Tax (GST), are processed within established deadlines
Prepare all supporting information for the annual audit and liaise with the Board’s Finance Committee and the external auditors as necessary
Develop and maintain financial accounting systems for cash management, accounts payable, accounts receivable, credit control, donations and petty cash for the Society and our social enterprise, Howard Industries (2010) Ltd.
Reconcile bank and investment accounts
General journal adjusting entries as required
Review monthly results and implement monthly variance reporting
Manage the organization’s cash flow and prepare cash flow forecasts in accordance with policy
Manage the organization’s donation record keeping and receipting functions
Oversee the accounting functions including maintenance of the general ledger, accounts payable, accounts receivable, payroll and purchasing
Develop and implement policies and procedures to ensure that human resources and financial information is secure and stored in compliance with current legislation
Manage the acquisition of capital assets and ensure that assets are properly recorded, amortized, and disposed of as appropriate
Submit applications for various rebates from municipal, provincial, and federal governments where applicable
Prepare annual charitable return in a timely manner as appropriate
Liaise with the Finance Committee and/or the Board of Directors as appropriate
Assist the CEO and the Board with financial reporting as required at the Finance Committee meetings, Board meetings and the Annual General Meeting
Ensure compliance of reporting requirements for the following: – BC Housing, Interior Health and miscellaneous other funders
Payroll
Manage the payroll function and ensure appropriate back up is in place
On an ongoing basis, ensuring that efficient and effective systems, procedures, processes, and controls are in place so that employees are paid in a timely and accurate manner.
Oversee the submission of statutory and benefits remittances
Oversee the preparation of annual T4s and T4As
Develop payroll reports as required for financial analysis
Budget preparation
Establish guidelines for budget and forecast preparation, and prepare the annual budget for the organization in consultation with the CEO, Managers and Board Finance Committee
In collaboration with the Directors and Managers, prepare internal budgets and periodic forecasts, and budgets required for funding applications
Operations
Support the Directors and the Leadership team to identify, develop and achieve Society’s short and long term priorities and develop systems, processes and policies to support the achievement of them in a cost-effective manner.
On an ongoing basis, evaluate and prioritize activities, and focus on people resources against key business priorities
Risk management
Monitor risk management policies and procedures to ensure that program and organizational risks are minimized
Oversee the annual insurance renewal process and ensure appropriate coverage is maintained at all times
Maximize income where possible and appropriate
Negotiate with Bank for lines of credit or other financial services as required and appropriate
Leadership and team management
Work closely with Executive Team to develop team goals that are fully aligned with the Society’s strategic goals
Manage the Finance team and be responsible for performance management, development, and supervision of the team.
Build effective teams, coach, and provide guidance as needed
Work with team members using a collaborative leadership style
Other
Other duties as may be assigned from time to time
What We Require
Chartered Professional Accountant (CPA) designation required
Minimum 5 years’ work experience in financial accounting including a minimum of 3 years supervisory experience.
Accounting experience in the non-profit sector experience is preferred
Working knowledge of federal and provincial legislation affecting charities and charitable status, including CRA regulations in Canada
Knowledge of compliance regulations and financial reporting for organizations working within the charitable not-for-profit sector
Comprehensive knowledge of generally accepted accounting practices, budget administration, financial forecasting, analysis, and reporting
Knowledge of BC Housing legislative requirements is an asset but not mandatory
Knowledge of business process management and the ability to implement changes to existing practices
Proficiency with Office 365 including MS Word, Outlook, Teams and Advanced Excel skills.
Proficiency with payroll and accounting software. Sage 50 Premium Accounting software and Comvida Payroll software desirable. Proven ability to implement new software packages.
Excellent organizational, administrative, time management, analytical, problem solving, and decision-making skills
Excellent communication and interpersonal skills with the ability to work effectively with staff, volunteers, suppliers, and others
Ability to take initiative, anticipate outcomes, and work independently with minimal supervision
Apply with resume and cover letter:
Attention: Lisa Church, Executive Director of Human Resources [email protected]
We thank all applicants for their interest but only those selected for an interview will be contacted.