Senior Director, Finance | CMHA York Region

Why work for CMHA York Region?

We are a team committed to our vision of mental health support for all. We offer an inclusive, innovative, high-performance work culture that helps us deliver transformational impact. The organization cares about the growth, safety, and well-being of employees and offers:

• HOOPP (Healthcare of Ontario Pension Plan) 
• Competitive Total Compensation (including salary, benefits, pension)
• Robust Performance and Career Development Program
• Learning & development opportunities

Learn more about us by visiting: https://cmha-yr.on.ca/careers/

We are looking for a Senior Director, Finance to join our team!

Closing Date: September 6, 2024

Salary Range:  $114,800-$150,777 *Candidate experience will be considered when deciding starting salary.

Permanent: Full-Time, 35 Hours per Week, Evening Hours and Weekends may be required

Benefits: Full Extended Health & Dental, Life Insurance, EAP, STD, LTD, & Healthcare of Ontario Pension Plan (HOOPP). Generous paid time off including vacation, sick, and personal days.

Location: The Hybrid Work Plan developed for this role requires this position to work in a combination of work from home and on-site with equipment provided by CMHA. The successful candidate will have an opportunity to discuss this arrangement with their manager.

The CMHA home office for this role is Newmarket, located at 1101 Nicholson Road, Unit 5, Newmarket, ON L3Y 9C3 and the incumbent may be required to travel to other CMHA Offices in York Region and South Simcoe as required.

Job Profile:  Reporting to the VP Finance & Technology, this Senior Management Team position contributes to the overall success of the organization by effectively managing all financial and accounting operations, including budgeting and financial analysis. Directs the day-to-day financial operations of the agency in accordance with the agency’s standards, guidelines, and regulations, to achieve the organization's strategic directions and operational plans.

Duties:

Financial Accounting and Reporting:

• Develop and maintain timely and accurate financial statements and reports that are appropriate for the users and in accordance with generally accepted accounting principles (GAAP) 
• Develop, implement, and ensure compliance with internal financial and accounting policies and procedures
• Ensure that all statutory requirements of the organization are met including Charitable Status, Withholding Payments (CPP, EI), Income Tax, Goods and Services Tax, Employer Health Tax 
• Monitors financial results and expenditures by using variance analysis, forecasting methodologies, and comparison to the fiscal budget 
• Develops computer models for revenue and expenditure forecasting, monthly accruals, variance analysis, and budget monitoring 
• Annual budget planning for financial and volume targets, and budget completion 
• Prepare all supporting information for the annual audit and liaise with the Board's Audit Committee and the external auditors as necessary 
• Develop and maintain financial accounting systems for cash management, payroll, accounts payable, accounts receivable, credit control, and petty cash 
• Oversee the bookkeeping function including maintenance of the general ledger, accounts payable, accounts receivable, and payroll 
• Ensures all external mandatory reporting requirements are met, including Ministry of Health and all funders 
• Manage the acquisition of capital assets and ensure that assets are properly recorded, amortized, and disposed of as appropriate.
• Prepare annual charitable returns in a timely manner as appropriate

Payroll Preparation and Administration 

• Oversee all payroll-related functions to ensure that employees are paid in a timely and accurate manner 
• Work in collaboration with the Senior Director, People, and Teams to negotiate health benefit plans
• Oversight of the process and submission of statutory and benefits remittances on time 
• Oversight for issuing annual T4s and T4A

Budget Preparation 

• Establish guidelines for budget and forecast preparation, and prepare the annual budget
• Assist the leadership team with the preparation of budgets for their programs/departments and funding applications

Project Accounting 

•  Maintain financial records for each project in a manner that facilitates management reports and external reporting 
• Ensure that accurate and timely financial statements are prepared in accordance with contract agreements with funders 
• Provide accurate and timely reporting on the financial activity of individual projects

Department Management 

• Manages direct reports including but not limited to: 
  • Hires and orients staff
  • Delegates and assigns work, and projects and monitors completion
  • Develops, coaches, supports, and evaluates performance 
  • Ensures staff have the tools including required training to meet job requirements
  • Develops remedial plans as required

 Quality

• Ensures that continuous quality improvement is an operational goal
• Ensures that indicators and metrics are developed to monitor quality initiatives 
•  Analyses trends and directs the development of remedies and performance improvement 

Policies, Procedures, and Legislation 

• Adheres to the organization’s Vision, Mission, Values, and goals as outlined in its strategic plan
• Adheres to all organizational policies and procedures
• Is familiar with pertinent provincial legislation that includes: the Mental Health Act, the Health Consent Act, PHIPA, the Substitute Decisions Act, the Occupational Health and Safety Act, the Employment Standards Act, and the Ontario Human Rights Code

Requirements:

• Bachelors degree in accounting, Commerce, or Business Management/Administration
• Professional designation (for example Chartered Professional Accountant), or equivalent required

Prior Work Experience

• Substantial recent & relevant experience, (minimum of five years) in a financial management position working at a management level. Experience in the public healthcare environment will be considered an asset

Knowledge

• Knowledge of generally accepted accounting principles
• Knowledge of federal and provincial legislation affecting charities
• Knowledge of provincial legislation on Employment Standards, Occupational Health and Safety, and Human Rights

The incumbent must demonstrate the following skills:

• Proven ability to apply leadership skills, and strong analytical and problem-solving skills to effectively manage a diverse portfolio and meet position requirements
• Planning and organizational abilities to lead and facilitate budget development, monitoring, financial planning, and reporting within required funder timelines
• Ability to establish and maintain effective working relationships
• Looks for improvement consistently and is committed to continuous quality improvement
• Human resources management skills to supervise, monitor, and motivate staff
• Excellent communication skills – listens well, approaches problems calmly, and asks questions to understand the issue prior to taking action
• Able to remain calm in high-pressure situations and provide clear direction to reporting staff
• Able to manage competing priorities with short deadlines
• Takes a strategic approach to problems, always considering the implication of decisions on agency goals
• Conflict resolution skills when faced with conflict between team members or disagreements with service or operational decisions
• Proficiency in the use of computers for accounting, word processing, databases, spreadsheets, email and internet

Working Conditions: 

• Works in a private office.
• Requires some evening and weekend work.
• Travels to agency offices

Disclaimer: In keeping with mental health reform, best practices, funding, and direction this position may later require knowledge, skills, abilities, and working conditions not noted here.

To request this posting in an alternate format or to request accommodation in the application process, email AODA@cmha-yr.on.ca

Application Procedure:  If you are interested in this opportunity, please visit https://cmha-yr.on.ca/careers/ and search for Senior Director - Communications Job Posting, Click on the “Apply Now” button and proceed to upload your cover letter and resume.

Complete the application form and submit the following:

• Cover letter with 300 words or less and tell us why you would want this role and why you should be considered for the position (PDF or Word)
• Resume (PDF or Word) (applications without resumes will not be considered)

CMHA-YRSS is dedicated to promoting employment equity and dismantling obstacles to employment for marginalized communities. CMHA-YRSS supports the journey to mental wellness, and we welcome applicants with lived experience of mental illness.  In acknowledgment of the systemic underrepresentation faced by Black, Indigenous, racialized peoples, and those living with disabilities, this opportunity has been developed based on the special program provisions of the Ontario Human Rights Code. We therefore extend invitations for applications from the following groups:

• Racialized Persons
• Indigenous Persons
• Persons living with Disabilities

While we thank all candidates for their interest, only those selected for an interview will be contacted.