Financial Controller

Carefirst Seniors & Community Services Association is a non-profit charitable community services agency established since 1976.
Our spectrum of services has grown from the delivery of Chinese meals-on-wheels service to a full range of community support services, covering the whole Greater Toronto Area.

With a staff of 500 members (including full-time and part-time staff) and the help of a pool of 850 active volunteers, we serve over 15,000 clients a year, including seniors, adults, youth with physical, social, emotional and health challenges.
3,000 of whom are "home-bound" and frail.

We are seeking a detail-oriented and experienced Financial Controller to join our dynamic finance team.
The ideal candidate will work closely with the CFO and be responsible for overseeing all financial operations, ensuring compliance with accounting standards, and providing strategic financial guidance to support the company's growth.
This role requires a strong background in accounting and finance, with proficiency in various accounting software.

Terms:
Full Time Permanent

Location:
300 Silver Star Blvd., Scarborough

Responsibilities:

• Oversee accounting functions such as accounts payable, accounts receivable, payroll, and reconciliation.
  Lead the finance team in providing general accounting services, financial analysis, data collection, report preparation, and policy implementation.
• Prepare and oversee the annual budget to ensure alignment with organizational goals.
• Assist the CFO in organizational development through financial planning and provide professional advice on the organization's annual business plan to enhance its performance.
• Prepare and submit financial reports to the Ministry of Health and other funders accurately and in a timely manner.
• Attend meetings, present and publish monthly financial statements with variance analysis and commentary to different stakeholders, such as senior management, and the Board via the Finance committee.
• Organize schedules and supervise the annual year-end process for the agency in collaboration with the external audit firm, providing financial analysis and working papers as required for the year-end closing.
• Manage the finance team's operations including (but not limited to) general accounting services, financial analysis, collection of financial data, report preparation, and implementation of financial policies.
• Ensure compliance with local, provincial, and federal regulations, as well as adherence to internal policies by monitoring and implementing new standards as required.
• Implement and maintain effective financial controls and procedures.
• Collaborate with cross-functional teams to support business initiatives and improve financial performance.
• Supervise the finance team, providing mentorship and professional development opportunities with the goal of minimizing operational risks and maximizing returns.
• Provide support to all staff and supervisors regarding finance-related issues in a timely manner.
• Monitor and maintain all accounts receivable, accounts payable, banking processes, and financial records.
  Review all invoices and cash receipts for input into the financial management system.
• Review all computerized batches (e.g., payroll) entered into the accounting software for accuracy.
  Review all banking activity to ensure transactions are authentic and have adequate supporting documentation.
• Manage and monitor agency cash flows, line of credit, credit cards, banking transactions, and investment balances.
  Review and validate the monthly bank reconciliation.
• Develop and monitor operational and financial metrics, dashboards, and reports that accurately measure financial performance and resource allocation.
  Additional metrics will be required.
• Ensure financial reports are completed on time, accurate, and adhere to applicable financial and accounting standards, codes, acts, and legislation.
• Incorporate continuous quality improvement measures into work processes through the Carefirst Plan, Do, Study, Act (PDSA) quality improvement cycle.

Requirements:

• University degree in Financial Accounting, Financial Management, Business Administration, or related discipline.
• Completed accountancy qualifications from one of the following bodies:
  CPA(CA/CMA/CGA), and /or CIMA designation(s) preferred)
• Minimum 5 years of finance and management experience preferred; experience in the health care sector and OHRS reporting is an asset
• Strong sense of ethics and the ability to handle sensitive or private information with tact and discretion
• Excellent management, organizational, analytical, problem solving and multitasking skills, flexible and adaptable to change in work assignments and schedule, able to develop and implement innovative solutions
• Excellent interpersonal and communication skills (i.e.
  verbal and written), self-directed, self-motivated, with a positive attitude and be able to work independently and as part of a team
• Proficiency in Windows and Microsoft Office Suite
• Experience with ERP systems (i.e.
  Sage, AlayaCare, Quadrant HR, etc.) are an asset
• Fluency in English and preferred a second language commonly used by the community that we support, such as Cantonese/Mandarin is an asset
• Current vulnerable sector check completed within one year

Benefits:

• Dental Care
• Extended Health Care
• RRSP match
• Comprehensive Orientation Program
• Training and Education Subsidy

Application Deadline:
2024-12-22

Carefirst is an equal opportunity employer.
We are also committed to an environment that is barrier free.
If you require accommodation during the hiring process, please inform us in advance to arrange a reasonable and appropriate accommodation.

While we thank all candidates for their interest, only those selected for an interview will be contacted.

Job Types:
Full-time, Permanent

Work Location:
In person