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Manager Finance and Operations (Closed)

Job Highlights

City Toronto

Type Direct Hire

Salary $130,000

About the Company
Our client is a registered Canadian charity and one of the largest foundations in the world. It works with visionary organizations to advance education and financial inclusion to enable young people in Africa and Indigenous youth in Canada to access dignified and fulfilling work.
Established in 2006 through the generosity of the client when it became a public company, the Foundation is an independent organization separate from the company, with offices in Toronto, Kigali, Accra, Nairobi, Kampala, Lagos, Dakar, and Addis Ababa.
To support the ambitious goals of the Foundation in perpetuity, the Foundation Board determined that a separate investment management arm is needed and embarked on creating the client’s organization. This newly created entity will create and execute an investment strategy by building a team of investment professionals, while aligning with the Foundation’s strategic goals.

Why Work Here

• Start up, entrepreneurial, multiple hats, breadth element
• Bigger influence on decisions made.
• Small team, access to everyone in the org, open interactive
• Visibility to other departments
• Extension of the client’s foundation

About the Opportunity
This is a unique role that will allow the successful candidate the opportunity to wear multiple hats, get exposure to a variety of areas and capabilities and become a trusted business advisor for teams across the client’s foundation.
This is a unique opportunity to be involved in starting up a world class organization that will have global impact. You will be involved in establishing a target operating model for the Finance and Operations Team. You will be responsible for monthly full cycle accounting and reporting. You will develop a deep understanding of all costs that drive our business and assist in creating a cost-conscious culture (50%) This includes and is not limited to:

• Full cycle accounting and monthly close
• Prepare / review monthly and quarterly reporting deliverables including Board meeting materials
• Prepare financial reporting and note disclosures for the client and as needed and requested by the Foundation
• Become a business advisor and subject matter expert for all costs of the client
• Advise teams on management of costs and payments instilling a culture of cost consciousness in the organization and a system of internal controls
• Oversee and support the Employee and Corporate Expense Programs including Corporate Credit Cards and Travel Provider
• End to end oversight over all costs captured in the general ledger ensuring a robust internal control program and ensuring timeliness, accuracy, and completeness
• Management and maintenance of the cost centers and cost categorization in the general ledger

Additionally, you will work closely with teams to prepare budgets, forecasts and planning, ensuring expenses and cash flow reporting deadlines to the Foundation are met on a monthly basis. Additionally, you will be responsible for preparing forecast reporting for the client’s Executive Team (40%). Planning and analysis includes and is not limited to:

• Prepare and review financial information and analytics
• Prepare monthly actual to forecast variance analysis and commentary
• Collaborate with teams to prepare annual Budgets, Workforce Plans and Forecasts
• Support compliance with the Investment Management Agreement between the client and the Foundation
• Preparation of monthly forecast updates, cost recovery analyses and related reporting to the Foundation

As part of this role you will also be responsible for people operations and will assist with payroll and benefits administration, and understanding and maintaining the client’s workforce plan (10%). Specific accountabilities include and are not limited to:

• Onboarding new employees and benefits enrolment and administration
• Preparation and administration of payroll for the client’s employees
• Assisting teams with recruitment activities including job posting preparation

This is a unique role that will allow the successful candidate the opportunity to wear multiple hats, get exposure to a variety of areas and capabilities and become a trusted business advisor for teams across the foundation.

About You

• 5-8 years of experience in financial planning and analysis, and/or financial/management reporting, and/or full cycle accounting
• CPA designation or working towards is preferred
• Experience in asset/investment management is an asset
• Deep experience in servicing, collaborating and managing the expectations of front office/investment team members as well as managing cross-functional teams to deliver on short deadlines is an asset
• Experience with process excellence frameworks (e.g. lean) and real-world application of process excellence principles and tools is an asset
• Good working knowledge of data management governance practices, processes and supporting technology
• Experience with Excel and PowerPoint is required
• Experience with Quickbooks is an asset
• Experience communicating with senior and executive management
• Experience with Python, or coding is an asset

Salary Range
$110,000 - $130,000/year

How to Apply
Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.
When referencing this job, quote #403038.

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.