Director of Finance

Position Type: Permanent/Full-time

Location: North York, ON

Compensation: $110,000 to 130,000/Annually + Vacation + Benefits + RRSP Match

We are currently partnering with a trusted not-for-profit organization dedicated to supporting children, youth, and adults across the Greater Toronto Area in their search for a Director of Finance. Reporting directly to the President, this leader will oversee all core financial operations, including financial reporting and analysis, budgeting, accounts payable, AR/billing, purchasing, and cash management.

Key Responsibilities

1. Budgeting & Financial Planning

- Organizational Budgeting: Lead the annual budget process; develop financial targets and operational assumptions in consultation with leadership and the Finance Committee. Translate program, department, and staffing needs into a consolidated master budget proposal for CEO, senior leadership, and Board approval.
- Ministry & Grant Funding: Prepare annual budgets and schedules in accordance with Ministry of Children, Community and Social Services (MCCSS) guidelines and allotted funding frameworks. Manage expansion requests, funding applications, and ensure timely submissions within ministry deadlines.

2. Financial Reporting & Analysis

- Financial Statements: Oversee the preparation and completion of monthly, quarterly, and annual financial statements.
- Variance Analysis: Proactively identify source variances, implement corrective measures to manage toward a balanced budget, and present financial performance reports to the Finance Committee and Board of Directors.
- Ministry Reporting: Prepare and submit required quarterly and annual reporting schedules (including Global, Housing, and specific grant allocations).
- Strategic Insights: Conduct financial analysis and modeling to guide strategic decision-making and support operational leadership.

3.



External Audits & Regulatory Compliance

- Annual External Audit: Plan, schedule, and coordinate the annual external audit; oversee working paper preparation and review draft audited financial statements to ensure appropriate disclosure.
- Compliance & Filings: Address auditor management letters and internal control recommendations. Prepare and submit all required statutory filings and tax returns on time (EHT, WSIB, Registered Charity Information Return, property tax rebates, etc.).
- External Oversight: Serve as the primary liaison for provincial auditors, Canada Revenue Agency (CRA), and external audit representatives.

4. Treasury, Payroll & Daily Operations

- Cash & Banking Management: Oversee cash flow management, bank reconciliations, and banking relationships to optimize liquidity and interest income.
- Disbursements & AP: Direct accounts payable operations to ensure vendor payments are properly supported, accurate, and paid on schedule. Act as primary signatory on electronic fund transfers and cheques.
- Payroll & Systems: Approve bi-weekly employee payroll. Maintain and evaluate accounting software systems, initiating updates to enhance efficiency, data integrity, and workflow automation.
- Procurement & Facilities: Oversee purchasing and procurement policies to ensure strict compliance with the Broader Public Sector Accountability Act (BPSAA) and relevant guidelines. Support facility lease negotiations, mortgage renewals,



and facility maintenance oversight to protect capital assets.

5. Leadership & Governance

- Serve as an active member of the Senior Management Team.
- Support the Board of Directors and the Finance Committee by attending regular meetings, providing transparent reporting, and offering technical financial guidance.

Requirements

- Designation: Active Chartered Professional Accountant (CPA) designation is considered a strong asset.
- Experience: Proven track record in progressive financial management within the not-for-profit or public sector.
- Technical Skills: Robust proficiency with modern accounting practices, integrated payroll systems, and financial software.
- Procurement Knowledge: Sound understanding of procurement best practices, internal controls, and public sector guidelines.
- Leadership: Demonstrated ability to work collaboratively as an active member of the Senior Management Team.

The indicated pay range is a good‑faith estimate based on required qualifications, experience, training, and other factors permitted by law. It reflects the pay band established by the client company. Actual offers may vary depending on skills, experience, geographic location, and expected work quality. Most candidates start in the lower half of the range. Pay history is not considered where prohibited by law. This information serves as a general guideline for compensation discussions.

To support a fair and efficient hiring process, we may use artificial intelligence (AI) tools to help review applications. Our team carefully reviews all candidates, and AI is used only as a support tool—never as the sole decision-maker.

#CWS

Pay: $110,000.00-$130,000.00 per year

Experience:

- NPO: 5 years (preferred)

Work Location: Hybrid remote in North York, ON M6A 1J6

📌 Director of Finance (NPO) (North York)
🏢 WilsonCTS
📍 North York