Director of Finance

The Director of Finance reports directly to the CEO and is a member of the Senior Leadership Team (SLT).
The Director of Finance is responsible for providing strategic leadership for the organization, day to day management of finance operations, and establishing long-range strategies, goals and policies.
This includes providing leadership and management of the organization's financial strategy, internal controls, financial stability, and driving growth through strategic planning and long-term sustainability.
The Director of Finance plays an important role in supporting the vision and mission of ISANS and the implementation of the new ISANS strategic plan.

Strategic Leadership

• Participate as a member of the SLT in the executive management of the organization and contribute to annual strategic and business planning and corporate initiatives
• Develop key financial strategic goals and outcome measures driven by ISANS new strategic plan
• Supports overall risk management function in the organization, by identifying new financial risks, and managing and mitigating existing financial risks for ISANS.
  
• Links organization vision, short and long-term goals to daily work
• Participate in the identification and implementation of policies, systems, procedures and standards to achieve ISANS' vision and goals
• Contributes to the development and maintenance of a One ISANS culture that enhances our ability to achieve operational success
• Think critically and systematically about external trends and their impact and influence on the organization, staff, processes and services
• Prioritize work in clear alignment with ISANS' business goals and make decisions in the context of organization needs and the external environment
• Participates as an SLT member supporting designated committees of the organization, including with the Board of Directors as assigned by the CEO

Finance, Reporting and Compliance

• Provide leadership in the effective management and stewardship of financial and accounting functions that will assist in the long-term sustainability of ISANS
• Develops, implements, monitors and evaluates the planning, reporting, forecasting, accounting systems, and financial control policies and procedures for the organization
• Partner with CEO, SLT and funders to negotiate appropriate funding for programs and maintain funding and contribution agreements
• Analyze all funding and grant contracts to ensure complete and accurate implementation of the terms of funding, the appropriate tracking of all eligible expenses, and the accurate and timely preparation of internal and external project and financial reports and statements
• Develop and implement an internal audit program to ensure that the organization complies with financial procedures and regulations
• Prepares internal financial and management reports for leadership teams at ISANS
• Prepare financial statements and statistical reports required by the Board and funding authorities
• Liaise with and support Audit, Finance and Risk committees, including presentation and review of financial results, audit results, investment returns, reviews of internal controls, risk management and other matters as requested by the committee
• Serve as primary contact of financial matters for external partners such as government funding departments, Canada Revenue Agency, financial institutions, landlords, insurance companies and other 3rd party services providers
• Executive lead for external year-end financial statements and audit
• Executive lead for annual business plan and budgeting process with management across the ISANS organization
• Provide consultative support services directly or indirectly to all departments on financial planning, management control and information systems

Internal Controls

• Responsible for financial controls reporting to the CEO, Senior Leadership Team and Board of Directors
• Leads the development of an internal control framework, establishing an inventory of control requirements, identify gaps, risks and mitigation strategies
• Evaluation and implementation of technology systems to enhance productivity and mitigate internal control issues
• Attests to the compliance of internal controls in place at ISANS and reports any deviations of internal controls on a regular basis to CEO and the board

Procurement and Support Services

• Develop methodologies and standards for the procurement and maintenance of goods and services for the organization
• Maintain and update policies and procedures for procurement and contract management in compliance with all regulatory, financial and legal requirements
• Ensure that signed contracts are communicated to all relevant parties to provide contract visibility and awareness
• Oversee the development of methodologies and standards for the accurate and timely tracking of inventory

Strategic Revenue Diversification and Sustainability

• Working closely with the Director of Strategy and Operations, seek out and establish strategic partnerships to build the organization's approach to alternate revenue streams and funding diversification
• Lead the research and design of innovative financing solutions for all levels of the organization
• Support market sector analysis to source and identify new opportunities and partnerships
• Review short and long-term goals reflective of existing and projected financial resources available
• Integrate any revenue diversifications strategies into the annual business plan and budgeting process

People Management

• Demonstrate executive leadership in the development and maintenance of a culture that enhances the ability to attract and retain great talent and achieve operational success
• Oversee the Finance Teams and relevant contractors to ensure that they have the required tools; processes and information to meet the organization's goals
• Carry out performance management responsibilities in accordance with the organization's policies.
  

Management/Functional Competencies Required

• Strategic Orientation
• Analytical Thinking
• Outcome Focus
• Innovation & Creativity
• Decisiveness
• Attention to Detail
• Development of People
• Courage of Conviction
• Self-Awareness & Impact
• Conflict Resolution
• Diversity & Cultural Inclusiveness

Qualifications

• Candidates with a Master's degree or similar qualifications will be given equal consideration, along with individuals possessing a blend of education and practical experience in financial planning and analysis, accounting, budgeting, or related financial functions gained over 10 years in a senior finance leadership role
• Preference will be given to candidates who have completed or are actively working towards their CPA designation
• Experience in the non-profit sector
• Proficiency i.