Job Summary
The Director of Finance provides strategic operational leadership for the finance function, ensuring accurate, efficient, and compliant financial operations across the Foundation. Reporting to the Chief Operating Officer (COO), this role leads a team of finance professionals, oversees all day-to-day financial activities, and provides timely, data-driven insights to support leadership decision-making. While the COO retains ultimate authority over budgets, policies, strategic plans, and enterprise-level financial decisions, the Director ensures operational excellence, compliance, and cross-functional collaboration in financial management.
Vital Activities
- Lead and develop Finance team
- Oversee financial operations
- Ensure regulatory compliance
- Provide financial analysis
- Support cross-functional collaboration
Key Internal Motivators
Motivated by the desire to do the job well, ensuring financial accountability, and supporting the KGH Foundation’s goals.
- Desire for accuracy
- Continuous improvement mindset
- Motivated by clear objectives, both for the team and the organization
Key Responsibilities
Leadership and Team Management:
- Lead, mentor, and develop the finance team, fostering a collaborative and high-performing environment.
- Promote continuous improvement in financial processes and procedures.
- Serve as a key liaison between finance and other departments to ensure smooth operational workflows.
- Facilitate cross-functional collaboration to support strategic initiatives and organizational goals.
Financial Operations and Oversight:
- Oversee gift entry, including review, verification, processing adjustments, and posting.
- Exercise judgement on gift receipting eligibility and database coding.
- Oversee A/P invoice coding and COO & CEO approval processes.
- Manage payment processes, including cheque runs, EFT payments, and posting of invoices.
- Identify and resolve discrepancies between financial and gift databases to ensure accurate reconciliations.
- Review and consolidate accounting for social enterprises, providing guidance during preparation.
- Monitor cash flow, cash balances, and prepare cash flow projections.
- Prepare bank reconciliations, journal entries, and ensure accurate reporting.
- Oversee payroll, benefits analysis, and maintain capital asset schedules.
- Administer investment and endowment portfolios, BC Gaming License compliance, and other regulatory filings (GST, PST, T3010).
Reporting, Compliance, and Continuous Improvement:
- Prepare error-free quarterly financial statements with schedules, variance analyses, and supporting documentation.
- Participate in grant meetings to verify funding availability and support balanced resource allocation.
- Assist in documenting, maintaining, and improving policies and procedures for complex financial and accounting issues.
- Maintain up-to-date knowledge of accounting standards, regulatory requirements, and sector best practices.
- Provide analytical support and operational insights to the COO to inform strategic decision-making.
- Special Projects and Strategic Support:
- Support the COO in financial reporting, budget analysis, and process improvement initiatives.
- Supports the COO in building and coordinating the annual budget, consolidating submissions, tracking actuals vs. budget
- Assist with configuration and administration of financial and gift databases.
- Lead special projects or initiatives as required, ensuring alignment with organizational objectives.
Core Competencies
- Operational excellence and process improvement
- Leadership and people management
- Strategic financial insight and analytical ability
- Cross-functional collaboration and communication
- Accountability, integrity, and attention to detail
Requirements
- Professional accounting designation (CPA) or equivalent experience.
- Significant experience in finance leadership, preferably in a nonprofit or healthcare-related organization.
- Strong expertise in financial operations, reporting, and compliance.
- Proven experience leading teams and fostering collaboration across departments.
- Strong analytical, organizational, and communication skills.
- Ability to exercise sound judgement and provide strategic operational guidance.
Working Conditions
- Manual dexterity required to use desktop computer and peripherals.
- Overtime as required with time off in lieu of pay.
Note: The posting will remain open until the role has been filled.
Pay: $88,000.00-$132,000.00 per year
Benefits:
- Dental care
- Extended health care
- Vision care
Work Location: In person