Senior Manager, Finance and Accounting

Location
Toronto (City), Ontario (3 days in office, 2 days remote)
Salary
Commensurate with Experience
Posted
November 20, 2023
Closes
December 20, 2023
Job Sectors
Not for Profit
Job Type
Full-time, Permanent
CPA status
CPA Member

POSITION TITLE: Senior Manager, Finance and Accounting 

PROGRAM: Finance & Accounting

COMPANY: Skills for Change 

LOCATION: 791 St. Clair Ave West, Toronto ON 

REPORTS TO: Chief Executive Officer

CONTRACT TYPE: Permanent (Non-unionized) 

HOURS: 35 hours per week (Monday-Friday, with occasional evening and/or weekend hours)

START DATE: Immediately 

 

GENERAL ACCOUNTABILITY

Skills for Change is a registered charity and nonprofit organization dedicated to providing social and community services to immigrants, refugees, and underserved groups. With over 40 years of operations, Skills for Change is a highly respected charity with a province-wide reputation for pioneering programs that respond to shifting immigration and workplace trends and lead to employment. We offer a range of accelerated programs including mentoring, employment, mental health, entrepreneurship, settlement, language training together with specialized programs for trades, women, and youth. We have 5 locations across the GTA and serve 16,000 clients annually.

We believe we are in the best position to provide thought leadership through evidence-based programming, impact stories and proactive policy advocacy using knowledge mobilization products.
 

ABOUT THE ROLE

We are currently seeking a highly skilled and experienced Senior Manager of Finance and Accounting to oversee financial reporting, program reporting, accounting, and other financial services within our organization. The Senior Manager of Finance and Accounting will play a crucial role in ensuring the effective delivery of programs funded by federal, provincial, and municipal governments, private and corporate foundations, and the social enterprise. The successful candidate will lead a team of three finance professionals, including a supervisor and two analysts, and will report directly to the CEO. The Senior Manager of Finance and Accounting will also co-ordinate as required with the Part-time CFO.
 

KEY RESPONSIBILITY AREAS:

Financial Reporting and Financial Analysis: Manage requirements as needed at both the programs and agency level.

Budgeting and Forecasting: Manage the process with the Part-time CFO and collaborate with program managers and department heads to develop annual budgets, ensuring alignment with organizational goals and objectives.

Grants and funding contracts: Manage the financial aspects including budget development, financial reporting, and compliance. Collaborate with the Part-time CFO as required, program managers and with the development team and other staff to provide financial information and support for donor proposals and grant applications.

Financial Operations and Systems: Oversee day-to-day financial operations, including accounts payable/receivable, payroll, and general ledger maintenance including financial systems, processes, and internal controls to ensure accuracy, efficiency, and compliance.

Audit Management: In consultation with the Part-time CFO, coordinate and manage program audits and agency audits and implement recommendations.

Financial Controls and Processes: In consultation with the Part-time CFO as required develop and implement and maintain robust financial controls and processes to ensure accuracy, transparency, and compliance with accounting standards and regulations.

Compliance and Reporting: Stay updated on changes in accounting standards, financial regulations, and reporting requirements applicable to nonprofit organizations in Canada.

Relationship Management: Cultivate positive and professional relationships with external auditors, regulatory bodies, and other relevant stakeholders.

Team Leadership and Development: Provide strong leadership and coaching to the finance team, fostering a collaborative, high-performing work environment and a culture of continuous improvement within the finance department.

Board and Finance Committee Support: Collaborate with the Part-time CFO regarding the finance committee on the organization’s board of directors, regular financial reports, updates, and analysis to the finance committee. Collaborate with the Part-time CFO regarding preparation of financial reporting for board meetings and finance committee discussions.

Strategic Financial Planning: Collaborate with the CEO and the Part-time CFO, and senior leadership team in developing long-term financial strategies and goals and conduct financial risk assessments and develop risk mitigation strategies.

External Relationships and Representation: Represent the organization in financial matters with external partners, including government agencies, funding organizations, and financial institutions.
 

The ideal candidate will possess the following qualifications, skills, and attributes:

 

  • Bachelor’s degree in accounting, finance, or a related field. A professional accounting designation (e.g., CPA) is highly desirable. MBA or postgraduate degree would be viewed very favourably.

     

    Proven experience (at least 3-6 years) in financial reporting, analysis, budgeting, and grants management preferably in the not-for-profit sector. Knowledge of nonprofit financial regulations and compliance requirements in Canada is crucial.

     

    Experience managing grants and funding contracts from various sources, including government agencies and foundations.

     

    Possess strategic thinking abilities and the capacity to contribute to the organization’s long- term financial planning.

     

    Excellent analytical and problem-solving skills, with the ability to interpret complex financial data and provide actionable insights.

     

    Proficiency in financial management systems and software (e.g., Sage, Sage Intacct, Excel, ERP systems).

     

    Demonstrated leadership and management experience, with the ability to motivate and develop a high-performing team.

     

    Exceptional communication and interpersonal skills, with the ability to effectively collaborate with internal and external stakeholders.

     

    High level of integrity, ethical conduct, and commitment to the organization’s mission.

     

    The ideal candidate will embrace and promote diversity, equity, and inclusion in all aspects of their work.

     

Note: While possessing all the above qualifications would be ideal, Skills for Change recognizes that a diverse range of candidates may bring valuable skills and perspectives to the role.
 

Skills for Change provides learning and training opportunities for immigrants, refugees and equity seeking groups to access and fully participate in the workplace and wider community to persons with disabilities to newcomers to Canada (including refugees) to Indigenous peoples to members of a visible minority to children or youth to seniors to the LGBTQ2 community. 

Skills for Change offers accommodation for applicants with disabilities in each stage of the hiring process. If you are contacted regarding a job opportunity, please advise if you require accommodation. This document is available in alternate format on request. 

We thank all applicants for their interest in this position, however only those selected for an interview will be contacted.

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