Finance & Accounting Manager at OFIFC

Toronto, Ontario, Canada -

Full Time

Start Date

Immediate

Expiry Date

02 Jul, 26

Salary

118000.0

Posted On

03 Apr, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Reporting, Budgeting, Financial Analysis, Team Management, Accounting Standards, Internal Audits, Financial Modeling, Corporate Governance, Data Analysis, ERP Systems, Strategic Planning, Risk Management, Financial Compliance, Mentoring, Cost Analysis, Policy Development

Industry

Non-profit Organizations

Description

Please note: This job posting will close on April 19, 2026, at 5 PM and this posting is for an existing vacancy. Objective: To plan, organize, direct, and evaluate the operation of financial and accounting department and support the Finance Director in reporting accurate financial results. Key Deliverables: * Support the Finance Director in developing and implementing financial policies and procedures * Support the Finance Director in establishing performance standards * Improving the operational efficiency through effective implementation, maintenance and use of financial systems and software; * Ensuring OFIFC’s compliance with accounting activities and internal audits with financial regulations. Key Responsibilities: Financial Operations (40%): * Oversee the operation of financial team in day-to-day processes * With Finance Director, develops budgets, financial projections, and/or operating forecasts; * Ensure adherence to financial policies, contracts, agreements and organizational procedures * Prepare financial statements, summaries, analysis, for distribution to various levels of management * Report to Director Finance concerning any trends that are critical to the organization's financial performance. * Supervise the development and implementation of financial simulation models * Prepares presentations in support of monthly leadership meetings, board meetings, and strategic committees; * Reviews and manages internal financial systems, controls, processes, and procedures to ensure the integrity, accuracy, compliance, and usefulness of financial information and reporting; * Provide analysis and recommendations to support decision-making processes. * Develop and maintain financial models to support financial planning and decision-making. * Analyze large volumes of data to identify trends, performance, opportunities, and risks. * Provide leadership and guidance to team members, ensuring high-quality output. Team Management (20%): * Assist in training new hires for Financial Analyst and Senior Financial Analyst positions * Builds capacity and capability within the work group by training, mentoring and coaching direct reports * Delegating work effectively and holding the staff and self-accountable for outcomes. Core Operations (15%): * Accountable for ERP general ledger * Maintain core expense schedules. * Establish tools, and processes to effectively analyse true cost of Operations and/or Programs. * Collaborate and Support Program Budget Authority on an ongoing basis with funder financial negotiations, * attend monthly program budget meetings. Provide historical data and cost projections, recommend future budget amendments General (15%): * Ensure that finance processes are continuously improved in terms of efficiency, transparency, and overall effectiveness. * Research, analyze and recommended new finance tools i.e. contract management, finance and analytical software. * Assist in establishing and recommending updates to financial policies, procedures, and processes. * Provides ongoing support in the development of the Integrated Database (IDB) and integration of new Finance systems. * Surveys organizational operations to ascertain accounting needs and develops and recommends solutions to business and financial challenges. * Develops and maintains Process Manual and appropriate tools, forms, and mechanisms for accounting and bookkeeping activities. * Provides direct support in financial review and/or inquiries by Government funders and OFIFC staff. * Provides input to OFIFC delivered trainings and workshops with respect to financial activities such as bookkeeping, budgeting, financial reporting, and audit. Audit (10%): * Oversee Audit tasks including compiling supporting documentation, reconciling balance sheet, revenue and expense schedules * Ensure all financial accounts, records and reports are audit-ready at fiscal year end * Prepare and participate in specific program audits, * Ensure compliance to internal controls and accounting standards Education/Work Experience: * Completed bachelor's degree in business administration, commerce or a related field is required. * Recognized accounting designation (CPA, CA, CPA, CMA or CPA, CGA) is an asset. * Minimum 5 years of experience in finance including 3 years in team management level * Minimum 5 years experience with corporate governance in a not-for-profit, preferably within an indigenous organization Behavioural Competencies: * Teamwork and collaboration skills * Strategic, analytical, and critical thinking * Problem-solving and decision making * Integrity and credibility * Critical thinking, investigative and observational skills Technical Competencies: * Advanced knowledge of Accounting Standards for not-for-profit organizations (ASNPO) * Strong knowledge of related federal and provincial laws and regulations * Proficiency in platform-based accounting software and data analysis software * Experience developing and delivering financial reports using key performance measures to drive outcome focused decisions What we offer: * Culture-based organization * Registered Pension Plan - Employer Matching * Hiring Range: $97,000 - $ 102,335 * Full Pay Range: $97,000 - $118,000 * Comprehensive Health benefits after the probationary period including Health Care Spending Account & Lifestyle Spending Account (100% Employer paid) The OFIFC is committed to building a skilled and diverse workforce; we promote employment equity and encourage applicants to indicate if you belong to one of the four designated employment equity groups Women, Indigenous peoples, Persons with disabilities, or Members of visible minorities when you apply. Preference will be given to qualified Turtle Island Indigenous people including members of First Nations, Inuit and Métis (recognized by the Metis National Council). Applicants claiming Indigenous ancestry will be required to provide supporting documentation to substantiate their claim. Accommodation: The OFIFC is committed to providing barrier-free and accessible employment practices in compliance with the Accessibility for Ontarians with Disabilities Act (AODA). Should you require Code-protected accommodation through any stage of the recruitment process, please make them known when contacted and we will work with you to meet your needs. Pre-screen Interviews are scheduled to start April 20 - 24, 2026 Formal interviews are scheduled to take place April 27 – May 1, 2026

Responsibilities

The Finance & Accounting Manager is responsible for planning, directing, and evaluating financial operations while supporting the Finance Director in reporting accurate financial results. Key duties include overseeing daily financial processes, managing budgets, ensuring regulatory compliance, and leading the finance team.