Sr. Director of Finance & IT

Objective:

To provide overall financial leadership of the OFIFC to preserve organizational assets and reporting accurate financial results.

Key Deliverables:

• Sound financial management strategies and practices that are aligned with OFIFC’s long-range strategic plan (LRSP);
• Operational efficiency through effective implementation, maintenance and use of financial systems and software;
• Financial analytics to inform decision making across the organization; and
• Compliance of accounting activities and internal audits with financial regulations. 

Core Competencies:

• Culture 
• Accountability
• Critical Thinking
• Building Relationships and Strategic Partnerships 
• Results Orientation 
• Teamwork and Collaboration
• Communication

Technical Competencies:

• Strong knowledge of accounting principles, policies, procedures and practices
• Critical thinking, investigative and observational skills
• Experience implementing Enterprise Resource Planning (ERP) software
• Experience developing and delivering financial reports using key performance measures to drive outcome-focused decisions
• Knowledge of Ontario not-for-profit Governance, Board and Bylaws and relevant legislation
• Understanding of Public Policy as it relates to urban Indigenous issues
• Ability to provide training and facilitation for groups of up to 50 participants

Behavioural Competencies:         

• Financial Acumen
• Strategic and Analytical Thinking
• Creativity and Innovation
• Problem Solving and Decision Making
• Integrity and Credibility
• Politically Astute

Education/Work Experience:

• Completed Bachelor’s degree in a relevant discipline, and/or equivalent professional experience
• CPA Designation
• Experience at a Senior Management level
• Minimum 5 years’ experience with corporate governance in a not-for-profit, preferably within an Indigenous organization

Key Responsibilities:

Financial Planning and Analysis (40%):

• Develops and leads the execution of multi-year financial plans and strategies that advance OFIFC’s LRSP priorities and intended impact;
• Develops and leads the continuous improvement of timely and accurate budgets, financial projections and operating forecasts;
• Consolidates periodic forecasts and perform analysis on drivers of historical and forward-looking performance for ongoing use by senior management;
• Builds out the analysis and reporting capability of Key Performance Indicators (KPIs), especially relating to metrics such as full costing, revenue reliability, operating reserve, and program efficiency;
• Monitors KPIs and identify the cause of any unexpected variances;
• Prepares presentations in support of monthly senior leadership meetings, board meetings, and various strategic committees;
• Reviews and manages internal financial systems, controls, processes, and procedures to ensure the integrity, accuracy, compliance, and usefulness of financial information and reporting;
• Assesses financial strategy and performance as it relates to managing against the annual budget and OFIFC’s LRSP;

Organizational Leadership (20%):

• Provides financial analysis and decision-making support;
• Leads the evaluation and development of cost-effective and efficient systems, processes and contract relationships to maximize return on investment;
• Manages investment portfolio, cash management and financial policies;
• Oversees successful completion of annual audit, tax filing and other mandated corporate reporting;
• Leads day-to-day finance and accounting operations including capital assets management, reconciliations and reporting;
• Participates in Board and Finance Committee meetings;
• Participates in the design and delivery of finance-related trainings, as required;
• Conducts support visits and supports Friendship Centres / Delivery Sites as required;

Legal Affairs and Contract Management (20%):

• Coordinates matters with legal counsel, including contracts, intellectual property, grant agreements, and other matters as appropriate;
• Maintains the integrity and compliance of corporate governance policies and related documents;
• Creates and sustains productive vendor, banking and contractual relationships and serves as primary liaison with related third parties;
• Evaluates and mitigates risks;

Team Management (20%):

• Lead and manage a team, providing direction, guidance, and support, setting clear performance expectations and giving regular constructive feedback. 
• Identify training needs and opportunities for professional development. 
• Participate in the recruitment process, including interviewing and selecting candidates and overseeing the onboarding process to ensure new hires are well-integrated into the team. 
• Address and resolve conflicts or issues within the team promptly and effectively to prevent future conflicts and promote a harmonious work environment. 
• Ensure team members adhere to organizational policies, procedures, and regulations.

What we offer:

• Culture-based organization

• Pay Range: $144,000 - $176,000

• Comprehensive Health benefits after the probationary period including Health Care Spending Account & Lifestyle Spending Account

• Hybrid working model (2 days in office)