Director of Finance

This job posting was marked by employer as filled and is probably no longer available
Abundance Canada Posted: July 30th, 2019
Expires: September 14th, 2019

Description

Abundance Canada is currently seeking a Director of Finance to join their team located in Winnipeg, Manitoba.

Established in 1974, Abundance Canada is a donor-advised public foundation. Founded on a biblical understanding of generosity, Abundance Canada assists individuals in achieving their philanthropic goals by helping to connect their finances and values to charities they care about.

Reporting to the CEO, the Director of Finance is a key member of the leadership team and provides strategic vision and direction for the financial success of the organization. This position will be responsible for the day-to-day financial activities of the organization including financial management, accounting, reporting, internal controls, audit and adherence to various regulations, investments, financial planning, analysis, budgeting, forecasting, business development and strategic planning. This position is available because the previous person has moved to a different leadership role within the organization.

Key Responsibilities:

Financial Management

  • Provide strategic vision and direction for the financial success of Abundance Canada
  • Direct and manage the daily operations of the accounting department
  • Maintain, evaluate and recommend improvements to the accounting systems, and internal controls of Abundance Canada
  • Develop and monitor the annual budget including forecasting revenues and expenses, and analyzing variances
  • Prepare monthly financial reports and the annual budgets for the Board of Directors
  • Review financial data to ensure compliance with budgets and accounting policies on a monthly basis
  • Develop and maintain policies and procedures and ensure compliance in areas including donor advised fund (DAF) business model, gift acceptance, acceptance of gifts in kind, cyber security and privacy legislation
  • Ensure accounting software is adequate to address all accounting needs and work with the Operations Manager to ensure accounting data is backed up, secure and disaster recovery is tested on a regular basis
  • Work with the Audit committee and external auditors to plan the annual audit
  • Prepare audit working papers, review audited statements and present to the Audit committee and Board
  • File all tax returns, Provincial registrations and required documents efficiently and on time
  • Perform special assignments and any other duties as required

Investments, Insurance and Gift Planning

  • Establish and maintain investment, brokerage and bank accounts as required
  • Work with the Investment Advisory committee to develop and maintain investment policies and ensure compliance with existing policies, regularly review the performance of the external investment managers, and develop, distribute and review RFPs if any changes are required with the external investment managers
  • Ensure the organization has in place and maintains adequate insurance coverage
  • Stay informed of provisions in the Income Tax Act of Canada and CRA policies that apply to charities, acceptance and valuation of donations and issuing donation receipts
  • Work with the Director of Gift Planning to develop gift planning strategies
  • Ensure any Abundance Canada related business activities are in compliance with the ITA and CRA guidelines for charities
  • Process gifts of securities (publicly traded and private)
  • Provide support for staff with GIK (Gift-In-Kind) policy interpretation, processing of paperwork, valuation of, etc.
  • Work directly with brokers and financial advisors in processing GIKs and answering their questions
  • Present to external groups on areas of responsibility (Charitable tax rules, ITA, CRA, receipting rules, T3010 compliance, investments etc.) as opportunities arise

Leadership and Board of Directors Support

  • Work with the leadership team to provide strategic vision and direction for the success of Abundance Canada
  • Lead, coach and mentor accounting staff
  • Present and train staff on policies, procedures and best practices related to all applicable financial areas
  • Attend Board of Directors meetings as required (usually twice per year)
  • Assist the Board with policy development related to finance, accounting, investments and risk management

Skills and Qualifications:

  • Completion of a recognized accounting designation (CPA)
  • Minimum of five years of financial management and supervisory experience in a non-profit organization
  • Understanding and appreciation of a faith-based organization would be considered an asset
  • Excellent oral and written communication skills
  • Able to work independently and work effectively in a team environment
  • Detail oriented with excellent analytical and technical skills
  • Exceptional time-management and organizational skills

If you feel you have the demonstrated background and are interested in learning more about this exciting opportunity, please submit your resume in confidence to applicants@mnp.ca or call Kamalita Ketler at 204.336.6107