Manager, Foundation Finance - Barrie, Canada - Royal Victoria Regional Health Centre

Royal Victoria Regional Health Centre

Verified Company

Barrie, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Job Description:

The
Foundation Finance Manager is responsible for managing the RVH Foundation's financial functions.

This includes a focus on business forecasting and budgeting that aligns with the Foundation's mandate, tracking and reporting on designation and restrictions of donated funds and the Foundation's primary function to support RVH's capital needs.

This position entails preparation and analysis of monthly financial reporting, management of financial operations including supporting the Foundation CEO in developing budgets, and monitoring tools that align with business trends.

The position will work closely with Foundation leaders and their staff to implement effective internal control activities, mitigating financial risk and supporting data accuracy and integrity.

This position reports directly to the Director, Finance of RVH and will work closely with the Foundation CEO and EVP Corporate Services & CFO of RVH, to ensure fiscal oversight of accounting practices, financial results, internal financial controls and the Foundation's financial policies.

The Finance Manager will ensure all reporting and practices are in line with Canadian GAAP standards for not-for-profits and CRA guidelines.

Responsibilities:

Revenue & expense management including budget development
Work with the Foundation's management team through the budget process
Revenue pipeline oversight of receivables and pledges
Monitor and support the Capital Campaign business plan, supporting the Foundation CEO
Oversee tax receipting policies ensuring compliance with CRA regulations
Perform benchmarking analysis for decision making purposes
Produce and provide analysis of financial reports and data to support decision making at RVH Foundation Finance and Audit Committee Meetings
Preparation of audited financial statements and reports; primary contact for auditors
Recommends financial policy and procedures
Responsible for financial cycles and implement sound internal controls
Foundation contract review & renewals
Evidencebased data analysis and reporting with Raiser's Edge and Financial Edge.
Responsible for accounts payable/receivables, bank and investment reconciliations
Conduct regular internal reviews of all aspects of the financial management process to ensure transaction accuracy and integrity
Maintain merchant accounts (i.e. Moneris, Stripe)
Work closely with RVH Finance with respect to intercorporate transactions
Supports the RVH Director, Finance and the Foundation CEO for financial information that is presented to the Foundation Finance & Audit Committee
Work with the Foundation CEO and RVH's Executive Vice President Corporate Services & Chief Financial Officer for planning of transfer of donor funds to RVH
Understand Fund parameters and donor designation/restriction rules through fund accounting principles
Responsible for the T3010 charity return and all government remittances (that are not outsourced)
Management of endowment revenue, expenses and disbursements in accordance with Foundation policies
Oversight of the donor funds requisition procedure
Compliance with Investment Policy Statement and annual review
Work with investment advisor to monitor and bring forward investment decisions to the RVH Foundation Finance & Audit Committee
Management of endowment funds and disbursement within endowment guidelines
Perform all banking and treasury related functions as required

Education:

University degree in accounting or business
CPA designation

Experience:

Minimum five (5) years of financial analyst/senior accountant experience required.
Experience in data management and the integration of financial records required.
Experience using customer relationship management systems such as Financial Edge and Raisers Edge preferred.
Experience with notforprofit accounting (fund accounting) and governance reporting preferred.
Related experience in fundraising or health care preferred.

Competencies:

Ability to analyse, interpret, and forecast financial data for evidencebased decision making and to prepare financial reports and statements
Strong analytical and problemsolving skills
Ability to innovate while managing risk
Demonstrated advanced skills in database technology and Microsoft Office programs
Excellent project management skills
Strong presentation development and reporting skills
Demonstrated outstanding organizational skills, flexibility and the ability to adapt to work on multiple projects and rapidly changing priorities
Demonstrated excellent interpersonal, and written and verbal communication skills
Demonstrated understanding and performance of ethical conduct and confidentiality