About the Opportunity
Our client, located in downtown Ottawa, is recruiting for a Senior Director of Finance who will be reporting to the Chief Operating Officer.
This position will play a key strategic role within the organization and is responsible for the overall direction and leadership of the financial, accounting, risk, planning and reporting functions.
This position is accountable for performance and continuous improvement of the financial planning processes and efficiencies.
This position will be a crucial member of the Management team providing strategic direction and management of the organization’s financial resources.
You are an inspiring leader who will be committed to the vision and values of the organization and are known for your financial and business acumen as well as your ability to effectively manage stakeholder relations.
In this role, you will provide proactive leadership, clear direction and you will set high standards for quality and accuracy to a team of 25-
30 dedicated finance professionals. In addition, you will work with the Chief Operating Officer and management committee in the identification and development of a range of strategic opportunities that will add value to the organization.
Duties include but are not limited to :
Responsible for the effective oversight of the organization's finances. More specifically, is responsible for the budget process (approximately $100M per year), the review of quarterly financial statements, audited financial statements, internal controls, risk management and review and follow up on external auditors recommendations to management
Is responsible for the Risk Management function of a large Fund, which includes the management of the Fund’s operational, market and financial risk, and the implementation of strategies to mitigate risk and losses.
The function is also responsible for the management of the Funds Investment and Loan portfolios ($625M) and the management of its cash flow
Is a member of the Risk Management Committee, which is responsible for the review and vetting of higher risk loans
Is responsible for the management of the Fund’s Investment Committee, which oversees all matters related to the investment management of the Fund as per the Funding Agreement
Leads ongoing financial modeling and analysis to support the development of strategic initiatives. Develops clear, concise and comprehensive financial reporting and analysis for key stakeholders, including the Management Committee and the National Board of Directors
Participate in the setting of the organization’s strategic direction as a member of the Management Committee.
Leads the development of strategies and approaches to maintain efficient and effective operations.
Develops and implements policies, procedures, tools and processes to increase efficiency.
Responsible for the direct supervision of four senior professionals, while leading and managing a team of 25-30 other finance professionals in Canada.
In addition, leads finance teams, located overseas, dedicated to the delivery of international programs through a matrix model.
Inspire the Finance team to raise awareness and knowledge of financial management processes, policies and matters throughout the organization.
The successful candidate will have the following :
University degree and a professional accounting designation (CPA, CA, CMA, or CGA) required
Successful record of accomplishment as strategic leader. This includes a minimum of ten (10) years relevant experience with senior management functions related to finance and accounting
Significant experience in or knowledge of non-profit accounting and Government of Canada funding agreement terms and conditions
Consummate business and financial management skills, including experience managing multi-million dollar budgets and expertise with business planning and performance metrics
Excellent organization, conceptual, problem solving, communication and leadership skills and an ability to respond to shifting priorities, policies and legislations while meeting deadlines
Exemplary abilities and the political acuity to build and manage various relationships in a matrix-styled organization, in a culturally diverse environment and with a variety of government, institutional and private stakeholders in order to advance the goals of the organization
The ability to positively motivate, mentor, build and maintain good teams with a collaborative attitude
Self-motivated, professional and flexible, with the ability to work independently and as part of a team
Ability to grasp the organization’s short and long term priorities and develop systems, processes and policies to support the achievement of them in a cost effective manner
A focus on continuous improvement and the ability to identify and recommend efficient solutions to current processes is an integral part of the position.
Travel may be required (maximum 10%)