Director of Finance and Accounting
Sunview College
Permanent, Full Time
Salary: TBD
Anticipated Start Date: TBD

Responsible for maintaining financial, accounting, administrative and personnel services in order to meet legislative requirements and support the business operations.

Skills required for this position include:
Financial Accounting and Reporting

Developing and maintaining timely and accurate financial statements and reports that are appropriate for the users and in accordance with generally accepted accounting principles (GAAP)
Developing, implementing, and ensuring compliance with internal financial and accounting policies and procedures
Preparing all supporting information for the annual audit and liaise with the Audit Committee and the external auditors as necessary
Maintaining the computerized accounting system, reconciling bank and investment accounts, and monitoring cash reserves and investment.
Reviewing monthly results and implementing monthly variance reporting
Establishing and managing cash control, managing the cash flow and preparing cash flow forecasts in accordance with policy
Developing and implementing policies and procedures to ensure that personal and financial information is secure and stored in compliance with current legislation
Managing the acquisition of capital assets and ensuring that assets are properly recorded, amortized, and disposed of as appropriate
Assisting the President and Vice President with financial reporting as required for the meetings and the Annual Meetings

Budget & Reporting:
Deciding and allocating the budget for each department in consultation with President
Providing ongoing support and analysis to improve accounting systems, processes, and reporting
Performing various account analysis, identifying and posting any required adjusting journal entries
Preparing 90 day Cash-Flow projections, monitoring budgets and recommending any corrective actions to achieve targets.
Preparing the management reports(Bi-weekly, monthly, quarterly and yearly)
Budget & Actual variance analysis (monthly)
Cash forecast (monthly)
P & L (monthly)
Ratio (monthly) (profitability, efficiency, solvency, and liquidity)
AR & AP (Bi-weekly)
Line of Credit (Bi-weekly)
Scorecard (monthly)
Anticipating, recommending, seeking approval, and implement ing necessary steps for effective tax planning.
Establishing guidelines for budget and forecast preparation, and prepare the annual budget in consultation with the President, Vice President and Leadership Team
Maintaining financial records for each Campus in a manner that facilitates management reports
Providing accurate and timely reporting on the financial activity of individual Campus
Risk Management

Monitoring risk management policies and procedures to ensure that campuses and organizational risks are minimized
Advising the leadership on appropriate insurance coverage for the organization and the Board of Directors
Maximizing income where possible and appropriate
Negotiating with Bank for lines of credit or other financial services as required and appropriate
Administering the Payroll

Setting up employee files
Verifying and coding timesheets and hours worked
Calculating employee salaries, deductions and contributions
Calculating commission for Sales staff or agent
Calculating source and miscellaneous deductions and Process pay cheques
Verifying annual leave records with HR and updating leave and lieu time
Preparing, reviewing, and filing of payroll summaries, journals, and reports
Issuing Records of Employment
Government Filings

Filing WSIB monthly
Filing HST Quarterly / annually
Filing EHT annually
Filing corporation Tax
Preparing and issuing T4 and T4A slips

Processing purchase orders
Posting JR, closed packages and creating sales invoices in system
Implementing financial policies and procedures
Managing storage and security of documents & records
Maintaining insurance coverage
Closely monitoring OSAP Approval, A/P, A/

Education Requirements:
CA or 3rd Level CGA experience of using Navision or similar accounting system, minimum three years experience in handling finance and accounts

Minimum of 2 years in an accounting role, private education industry experience is an asset

To inquire, please contact