director, finance
Title posted on indeed.com -
Finance Director
Posted on
October 04, 2024
by
Employer details
Kamloops Immigrant Services
Job details
Kamloops Immigrant Services is a non-profit charity that supports immigrants, migrants, and newcomers to Canada in the Kamloops community and Thompson-Nicola Region. With the clients at the heart of our decisions, our agency assists newcomers in building a brighter future and feeling at home. Through fantastic programs and services, clients and their families are supported in lowering the barriers and obstacles they may face in a new country.
· The Finance Manager will be responsible in ensuring the financial health and sustainability of the organization. This position requires a highly organized and detail-oriented individual with strong leadership abilities and a deep understanding of nonprofit financial management. The Finance Director will oversee all financial activities, including budgeting, forecasting, accounting, compliance, and reporting. They will work closely with the Executive Director and other team members to provide strategic financial guidance and ensure the organization?s resources are used effectively to achieve its mission.
*Responsibilities: *
· Financial Planning & Analysis: Develop and manage the organization?s annual budget in collaboration with the Executive Director and program managers.
· Full Cycle Accounting: Oversee all aspects of full cycle accounting, including accounts payable and receivable, general ledger maintenance, bank reconciliations, and financial statement preparation.
· Fund Accounting: Manage and track multiple funding streams, ensuring accurate allocation of expenses and compliance with funder requirements. Prepare detailed financial reports and claims for funders, and ensure timely invoicing and payment receipt.
· Internal Controls & Compliance: Establish, monitor, and enhance internal controls, financial policies, and procedures to ensure compliance with nonprofit accounting standards and regulatory requirements.
· Financial Reporting: Prepare and present monthly financial statements, quarterly reports for funders, and ad hoc reports for the Executive Director and Board of Directors. Ensure team leads have up-to-date financial information for effective budget management.
· Audit & Tax Compliance: Lead the preparation for annual audits, working closely with external auditors. Ensure compliance with all tax filings and regulatory reporting requirements.
· Payroll Management: Oversee payroll processing and ensure accurate and timely payment of wages and benefits. Review and approve timesheets and employee expense reports.
· Cash Flow Management: Monitor the organization?s cash flow to ensure sufficient liquidity to meet operational needs. Implement strategies to optimize cash flow and manage reserves.
· Strategic Financial Guidance: Provide financial insights and strategic advice to the Executive Director and Board of Directors, supporting long-term planning and decision-making.
· Team Leadership: Supervise and mentor finance team members, fostering a collaborative, high-performance work environment. Provide training and support to program staff on financial policies and procedures.
· Risk Management: Identify financial risks and develop strategies to mitigate them. Ensure the organization has adequate insurance coverage and financial safeguards in place.
*Qualifications:*
· Education: Bachelor?s degree in Finance, Accounting, or a related field. CPA designation required
· Experience: At least 5 years of progressive financial management experience, with a strong background in nonprofit and fund accounting. Experience managing a similar-sized budget and multiple funding sources is essential.
· Technical Skills: Proficiency in accounting software (e.g., QBO, Payworks. Etc.) and advanced skills in Microsoft Excel. Familiarity with financial forecasting and fund accounting principles.
· Leadership: Demonstrated experience in leading and developing finance teams. Strong interpersonal skills with the ability to communicate financial information clearly and effectively
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LocationKamloops, BC
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Workplace information
On site
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Salary$85,000 to $120,000YEAR annually
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Terms of employment
Permanent employmentFull time
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Starts as soon as possible
- vacancies
1 vacancy
- Source
indeed.com
#9474672388
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