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.

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.

Behavioural Competencies:

• Financial Acumen

• Strategic and Analytical Thinking

• Creativity and Innovation

• Problem Solving and Decision Making

• Integrity and Credibility

• Politically Austerity and Credibility

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

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

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)

The OFIFC is committed to building a skilled and diverse workforce; we promote employment equity and encourage applicants to indicate if you belong to one of the four designated employment equity groups Women, Indigenous peoples, Persons with disabilities, or Members of visible minorities when you apply. Preference will be given to qualified Turtle Island Indigenous people or members of First Nations, Inuit and Métis including treaty, status or registered Indigenous people, as well as those non-status and non-registered who self-declare as such.

Accommodation:

The OFIFC is committed to providing barrier-free and accessible employment practices in compliance with the Accessibility for Ontarians with Disabilities Act (AODA). Should you require Code-protected accommodation through any stage of the recruitment process, please make them known when contacted and we will work with you to meet your needs.

This posting will close on August 19, 2024, 5:00 p.m. EST.