Reporting to the VP of Finance, the Director of Finance is an important member of the management team, responsible for providing leadership and direction on management issues, as well as day-
to-day management of the finance and administration functions for the organization. This position will build and sustain the capacity of the finance and administration department and provide exemplary stewardship through the establishment, monitoring and improvement of accounting, finance and administrative systems and procedures.
The Director of Finance role will : focus on planning, implementing and managing the finance and administration functions;
develop and lead the execution and monitoring of the finance and administration plan; and effectively supervise the accounting and administration team.
This includes conducting financial analysis and preparing financial reports; monitoring and maintaining an effective accounting system;
managing the payroll system and maintaining accurate and current records.
Essential Duties and Responsibilities
Must have industry experience
Oversees and directs the financial management of the company, including managing the annual budget cycle, monthly financial statement preparation review, and timely reporting to the VP of Finance
Forecasts and manages cash flow, including receivables and payables management
Manages the financial records and reporting for all capital projects, including budget review and cash flow planning
Monitors financial performance and provides recommendations to support organizational growth
Manages key professional relationships for the organization including but not limited to : insurance & benefit providers, auditors, etc.
Mitigates risk by ensuring compliance with regulatory agencies, audit, legal, tax, etc.
Ensures that all remittances, including HST and other government requirements, are current
Manages weekly and monthly bank reporting requirements
Ensures the organization’s assets are protected
Oversees the general administration of the organization, including insurance, equipment purchases and leases
Bachelor’s Degree in Accounting
3+ years’ prior experience as Director of Finance or similar role with similar type and size of organization
5+ years’ experience in managing an accounting department
Must have a CPA Designation, CA preferred
Strong financial management acumen; knowledge of accounting procedures and protocols, budget administration and financial forecasting, analysis and reporting
Strong experience in the automation of the accounting function, including revenue collection, payments and reporting; advanced proficiency with financial management systems
Superior spreadsheets skills and a superior knowledge of Microsoft Excel
Excellent written and verbal communication skills are a must
Knowledge and understanding of Equifax reporting is required
Managerial skills and experience are a must
Attention to detail and a high level of accuracy
Promoting Process Improvement