Financial Controller - Ottawa, Canada - Causeway Work Centre

Causeway Work Centre

Verified Company

Ottawa, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Who is Causeway?

Causeway is a not-for-profit agency that empowers ALL people by helping those with mental illness and other challenges find meaningful work.

We have a desire to see people treated with dignity and respect. We believe that there is no limit to anyone's potential.

By leveraging their talents and abilities, we work to shift society's perspective regarding people whose value has not yet been recognized.

What will I be doing?
Reporting to the Executive Director, the Financial Controller plays a vital role in the financial management of Causeway.

This position is responsible for all financial operations, ensuring accurate and timely financial reporting, and providing strategic financial guidance to support the organization's mission and goals.

The Financial Controller will work with the Bookkeeper and work together as a part of the senior management team to optimize financial performance and ensure compliance with relevant regulations and best practices.

What will my duties include?

Financial Management:

Develop and maintain financial policies, procedures, and internal controls.
Develop a global budget and translate into an annual operating budget.
Work closely with the Executive Director and the Management Teams on the financial planning and forecasting processes. As well, ensure the organization (programs and social enterprises) have the financial resources required to meet its strategic direction and annual operating plan.
Work with the Executive Director and Finance Committee to align financial goals with organizational objectives.
Monitor financial performance, analyze variances, and provide insights to support decisionmaking and drive financial sustainability.
Prepare financial statements, reports, and presentations for internal and external stakeholders, ensuring accuracy, transparency, and adherence to accounting principles and reporting standards.
Work with Fund Development in the preparation of financials on new and ongoing funding
Ensure accuracy and meet all funder financial reporting requirements, and the followup with submissions and reporting mechanisms to ensure all funder expectations & reporting standards are met.
Manage cash flow, monitor banking activities, and maintain relationships with financial institutions.

Financial Operations:

Ensure all payroll responsibilities are covered through the bookkeeper; inclusive of the source deductions, WSIB, EHT, Group Benefits, Pension, Union Dues are completed within the respected time.
Provide backup payroll support to cover for the bookkeeper
Work with the Bookkeeper on ensuring all documents are filed for HST/GST and through CRA.
Responsible for bank reconciliations and credit card reconciliations monthly.
Through our accounting software review and manage all expenditures within each of the programs and social enterprises to ensure all funds are allocated correctly.
Coordinate the annual audit process and work closely with external auditors to ensure compliance and provide necessary documentation and support.
Prepare and file annual charity return.

Financial Analysis and Planning:

Conduct financial analysis, interpret financial data, and provide strategic recommendations to support budgeting, cost control, and resource allocation.
Collaborate with program managers and other stakeholders to develop financial models and evaluate program profitability and effectiveness.
Identify and implement opportunities for process improvement, cost reduction, and revenue generation.

Team Management and Leadership:

Work closely with the bookkeeper, fostering a culture of collaboration, professional growth, and high performance.
Set performance goals, conduct performance evaluations, and provide ongoing feedback and coaching to the Bookkeeper.
Develop and enhance financial and accounting competencies within the Bookkeeper through training and professional development initiatives.

What will I bring to the organization?

Level of education or experience equivalent to a degree in Accounting, Finance, or a related field (Master's degree or CPA designation is a strong asset.).
A minimum of 5 years experience, including at least 3 years proven experience in financial management, accounting and reporting. Experience at a nonprofit organization is an asset.
Exposure to leading people either directly or indirectly in providing coaching, advice and delegating tasks.
Strong understanding of accounting systems, and strong knowledge on accounting principles, financial analysis, budgeting, and internal controls.
Proficiency in financial management systems and advanced proficiency in MS Excel.
Excellent analytical, problemsolving, and decisionmaking skills.
Attention to detail, accuracy, and strong organizational skills.
Effective communication and interpersonal skills to collaborate with diverse stakeholders.
Ability to work independently, manage multip