Senior Finance & Risk Officer

Organization NameJob CategoriesPosition TypeRegion and Location(s)Career LevelSalaryAd Online SinceApplication Deadline
Canadian Audit & Accountability Foundation
  • Accounting / Finance
Full Time
  • Ontario - Ottawa Area
Experienced (Non-manager)$65,000 - 75,0002019-05-092019-05-19

The Canadian Audit and Accountability Foundation Seeks a Senior Finance & Risk Officer

About the Foundation:

The Canadian Audit and Accountability Foundation is a not-for-profit organization dedicated to promoting and strengthening public sector performance audit, oversight, and accountability in Canada and abroad through research, education, and knowledge sharing.

We are seeking an energetic and dynamic individual join our team to provide a high caliber of professional financial management services.

Position Title:  Senior Finance & Risk Officer

Reports to: Vice-President, Operations and Stakeholder Relations, & Chief Financial Officer

Responsibilities:

The Senior Finance & Risk Officer is responsible for:

Financial management, policies, procedures and controls

  • Manage the financial accounting system and related documentation, with due regard to internal controls, policies and procedures.  
  • Timely processing of payables, receivables, monthly reconciliations, (bank, payroll, etc) and other adjusting and closing entries and procedures.  
  • Accuracy and conformance with organizational policies, procedures and controls with respect to expense claims, purchases and payments to vendors to ensure documentary evidence supports payments. 
  • Maintenance of organizational policies and procedures manual including updating and/or creating and communicating new content as and when required.
  • Communicate internally with regards to financial and administrative matters (ex. HST changes and updates, expense claim procedures, credit card processing, contracting etc..) to ensure staff have accurate and appropriate information for processing financial information.  
  • Maintain and support contracting to ensure policies are followed, contracts files are maintained, and accurate reports are kept on contractual obligations.
  • Ensure systems (electronic and paper) are safeguarded and data are stored appropriately to minimize risk of loss of data
  • Lead the exploration and development or improvement of internal systems designed to support business functions (planning, budgeting, reporting, etc..)

Budgeting, monitoring and reporting

  • Development of annual / multi-year operational budgets and other financial forecasts and reports.
  • Preparation of timely reports to the Board, management and staff to support decision-making.  This includes working collaboratively with the team to seek and provide accurate information on current and projected financial position.
  • Lead the implementation and maintenance of internal financial reporting systems that support organizational decision making.
  • Manage the annual financial external audit process, including preparation of documentation and reports, and liaison with external auditors, and contribute to the development of the Annual Report to Members.
  • Monitor and report on cash balances and investments, including proposals for investment strategies to optimize CCAF interest.
  • Documentation and filing of all statutory remittances and obligations.
  • Support reporting requirements for funding contribution agreements, as required.
  • Maintain and support payroll (outsourced) and other HR functions to ensure payroll is processed in an accurate and timely fashion including due regard to rules and regulations governing payroll (including EHT, statutory remittances etc..)  Ensure proper authorities for payroll changes are documented and maintained.
  • Support the development of HR tools and reports.

Other responsibilities

  • With support from Administrative Co-ordinator and IT Officer, act as Office Manager, responsible for the effective coordination and management of operations related to premises, vendors, equipment and IT services, etc.
  • Act as Secretary to the Audit & Finance Committee of the Board of Directors, including establishing meeting schedules, developing agendas, taking minutes, etc.
  • Provide financial analysis and other support to the CFO and other team members, as and when required.

Desired Skills and Competencies:

  • Educational background to support the role – designation, commerce; accounting, related field or currently holding or pursuing an accounting designation.
  • Knowledge of accounting principles / fundamentals and ability to apply them in a non-profit organization.
  • 3 to 5 years recent experience in a similar position.
  • Effective team player in a small, dynamic office environment.
  • Effective oral and written communicator - both internally with staff and externally to the Audit and Finance Committee and other clients.
  • Data analysis skills that support sound decision-making.  
  • Care and attention to detail.
  • Demonstrated proficiency using MS Office and accounting system software.
  • Demonstrated experience preparing reports to Boards and Board Committees.
  • Ability to conduct organization-wide reviews and Identify opportunities for streamlining of processes and controls and implement changes to bring efficiencies to the organization.
  • Excellent organizational skills.
  • Well organized self-starter with good critical thinking skills and judgement.
  • English essential; Bilingualism (English and French) is an asset.

Salary range for this position is $65-75K per annum.

 

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