Director of Finance

Description

We thank all applicants for their interest. Only those selected for further consideration will
be contacted. If contacted, please inform us of any accommodation needs.

Target Start Date: February 2026.

Position Summary

As a key member of the leadership team, the Director of Finance provides strategic
financial leadership and oversees the Foundation’s financial and administrative functions.
This role ensures financial health, compliance, and sustainability while optimizing
operations, investments, risk management, and reporting.

The Director supports the Executive Director, Board, and Audit & Risk Committee in
financial planning and decision-making, and manages budgeting, forecasting, grant
accounting, payroll, and investment strategy.

Key Responsibilities

Financial Leadership & Strategy

• Execute financial strategy for the Executive Director, Board, and Audit & Risk Committee.
• Lead financial planning, budgeting, forecasting, risk management, and internal controls.
• Oversee financial systems and infrastructure.
• Develop and enforce financial policies, ensuring compliance with GAAP, regulatory standards.
• Manage cash flow, investment, and financial forecasting.
• Prepare revenue projections, consulting economists to develop prime rate forecasts.
• Optimize revenues, negotiate interest rates and service fees, and manage investment strategies with external advisors.
• Ensure accurate, timely financial reporting for internal and external stakeholders, including auditors, and government agencies.
• Lead financial risk management, assessing and mitigating vulnerabilities.
• Act as Foundation’s CRA representative, ensuring compliance with tax filings, regulatory submissions, and government reporting.
• Coordinate annual audit and liaise with auditors.
• Oversee grant-related financial administration and grantee evaluations/reporting.
• Serve as an authorized signatory for the Foundation.

Operational & Administrative Oversight

• Manage financial systems, controls, and compliance.
• Oversee payroll, employee benefits, and salary administration.
• Maintain accounting systems and financial data security.
• Partner with the Executive Director to manage external contracts (financial services, insurance, IT, and vendors), ensuring quality and cost-effectiveness.
• Support office operations with the Executive Assistant.

Organizational Leadership & Team Management

• Contribute to strategic planning, risk management, and decision-making.
• Oversee and mentor finance staff.
• Leads recruitment for finance roles.
• Drive process improvements and adaptive financial strategies.
• Represent the Foundation externally with financial institutions, advisors, legal professionals, and regulatory bodies.
• Present financial reports at Board and Audit & Risk Committee meetings.
• Perform additional duties as assigned by the Executive Director.

Qualifications & Experience

• Education: CPA designation required; MBA or equivalent financial management experience preferred.
• Experience: Minimum of 3–5 years in financial leadership, ideally within the nonprofit or public sector. Experience working with a board of directors and understanding board governance is a strong asset.
• Expertise:
  • Financial planning, investment management, budgeting, risk management.
  • Audits, grant management, and regulatory compliance.
  • Revenue optimization and financial sustainability.
• Leadership: Proven ability to lead teams, foster collaboration, and mentor.
• Technical Skills:
  • Proficiency in financial software and reporting tools.
  • Strong analytical skills for interpreting complex financial data.
• Communication & Stakeholder Engagement:
  • Excellent verbal and written communication.
  • Ability to explain financial concepts to non-financial audiences.
  • Political acuity and sound judgment in sensitive financial matters.

Skills & Attributes

• Strategic Thinker: Able to assess complex financial issues and develop innovative solutions.
• Growth Mindset: Curious, adaptable, and committed to continuous growth and improvement.
• Detail-Oriented: Organized with a strong focus on accuracy and compliance.
• High Integrity: Ethical, discrete, trustworthy and accountable.
• Adaptable & Proactive: Thrives in a dynamic, evolving organization.
• Collaborative & Relationship-Oriented: Builds strong partnerships with internal and external stakeholders.
• Discrete & Trustworthy: Able to handle sensitive information and make sound judgments when confidentiality is required.