Royal Victoria Regional Health Centre Looking for Manager, Foundation Finance at Barrie, ON Full Time

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.

The successful candidate will be eligible to participate in the benefits program that RVH makes available to its full-time employees. This includes access to a broad range of benefits and services including participation in a Defined Benefit Pension Plan (Healthcare of Ontario Pension Plan). Of note, RVH supports working remotely to support flexible work arrangements for employees, promote a healthy work-life balance, and support productivity as applicable to the employee role and the department function. This position may have the opportunity to work remotely at times in accordance with RVH’s Working Remotely Policy.

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
• Evidence-based 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 not-for-profit accounting (fund accounting) and governance reporting preferred.
• Related experience in fundraising or health care preferred.

Competencies:

• Ability to apply generally accepted accounting principles for not-for-profit organizations and related financial statement presentation
• Ability to analyse, interpret, and forecast financial data for evidence-based decision making and to prepare financial reports and statements
• Strong analytical and problem-solving 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