Posted On: 2021-04-01
Closing On: 2021-04-15
Location: Toronto, ON
Employment Type: Full-Time
Chief Financial Officer
Do you see yourself at a hospital foundation that has been at the forefront of raising funds to tackle the pandemic and continually excels at providing resources to care for generations of families? Do you thrive in a setting where the Next Normal is embraced not feared and where innovation, problem solving, determination, compassion and commitment frame your day to day activities? Are you a resilient, self-starter who thrives equally well in a work from home setting as you do in a traditional, team office environment?
Do you want to work for a foundation that has a strong, collegial, respectful, and special bond with its hospital staff, clinical leaders, physicians, and board of governors? Do you see yourself aligned with the number 1 ranked community hospital in Canada and one of the Top 5 hospitals in Canada (Newsweek magazine) that is universally respected and admired for its health care leadership, culture, and patient care? Do you want to contribute to the health and well being of over half a million people?
If you can imagine yourself working together to make a world of difference in the community, then North York General Foundation may be the place for you.
About North York General Foundation
Constantly redefining what it means to be a ‘community hospital’, our partner, North York General is a multi-site acute, ambulatory and long term care network for our diverse community, an incubator for applied research, an innovation spring board in the health care landscape and a destination for philanthropy. Supported by an outstanding board of governors, North York General Foundation is strategically expanding the team in philanthropy, events, communications, business intelligence and donor analytics in pursuit of new ways to reach our community, demonstrate impact and raise funds for an incredible Hospital.
As we wrap up our $180 M ‘Campaign for North York General’, we are relentless in our quest to secure revenue for additional strategic campaigns as we ready ourselves for a $1B capital expansion. We are driving towards the future, building our brand, and investing in volunteer leadership and staff who are o changing the face of fundraising in community hospitals.
Reporting to the President and CEO of the Foundation, the Chief Financial Officer (CFO) is an integral member of the Senior Leadership Team, consisting of the CEO, the VP Philanthropy & Strategy, and the Chief Marketing & Communications Officer. The CFO will be responsible for providing leadership and overall direction to ensure the financial integrity of the Foundation. They will work closely with all functional units in the Foundation and with Hospital Finance, Hospital Human Resources and all departments to ensure donor funded projects and equipment are completed and purchased as per the approved scope, budget and timeline.
The CFO is responsible for overseeing all strategies, policies and practices relating to financial management, human resources, administration, and systems support for the Board of Governance and its Committees. The CFO has three direct reports: Controller, Specialist, Database and Systems, and Coordinator, Gift Administration.
- Collaborates with the VP, Philanthropy & Strategy and the Associate Director, Governance & Development Operations to lead the development and implementation of the Foundation’s annual budget and business process, policies, and programs.
- Assumes accountability for the management of all financial reporting, KPI deliverables, budgetary controls and monitoring, endowment investments, grants and funds transfer and reporting to Hospital, statutory filing, regulatory compliance, and annual audit.
- Takes a leadership role with the Audit & Finance Committee and the Investment Committee.
- Develops, interprets, and oversees implementation of organization-wide financial policies, and ensures adoption of best practices pertain to financial administration, information technology applications and operations.
- Provides subject matter expertise related to endowments, estate management, insurance, securities, and other planned giving vehicles.
- Supports the Donor Experience and Philanthropy teams on reporting to donors on the appropriate management of their funds, payments of gifts, development, and review of gift agreements.
- Analyzes general economic, business, and financial conditions, as well as government policies and programs, and assesses their impact on the Foundation’s financial policies and operations.
- Provides strong and effective leadership and mentorship to staff.
- Works with all Foundation teams to structure Raiser’s Edge (RE) and identify any new functionality and applications to ensure that information systems are operating in an effective and efficient manner.
- Ensures that information systems meet all regulatory and legislative requirements and complies with PIPEDA or applicable provincial privacy legislation with respect to personal information maintained by the Foundation.
- Liaises with NYGH IS and external consultants on information management and technology issues beyond RE.
- Ensures the continual evaluation of advanced information technologies, assess their relevance to the business and adapts/adopts those technologies consistent with prudent business practices and real business needs.
Relationship and Alliance Building
- Builds, develops, and maintains effective and mutually beneficial partnerships with key stakeholders within NYGH and the Foundation, building awareness and gaining support in order to further the goals and objectives of the Foundation.
- Works with or supports Foundation key volunteers, NYGH senior staff and physicians to develop and build linkages between the Foundation’s leadership prospects and NYGH.
- In conjunction with the Hospital’s Human Resources department, develops and implements robust human resources systems, including recruiting, hiring, onboarding, retention, professional development, performance management, employee relations, compensation and benefits and compliance.
- Ensures that approved strategies and initiatives are integrated into the performance measurement indictors of every staff member.
- Works with the Senior Leadership Team to ensure business units are effectively staffed to achieve objectives.
- Assumes accountability for the compensation regime and related transactional human resource components including, but not limited to, payroll, performance management (including both disciplinary and incentive/promotional processes), orientation programming, space and occupational technology, and staff development.
- CPA designation.
- Minimum of ten years of relevant progressive managerial experience in Finance and Operations.
- A combination of experiences obtained in both the not-for-profit world and the private sector is desired.
The successful candidate will possess an optimal combination of the following personal characteristics.
Solid Leadership Skills
- Proven change-management ability especially related to rigor and discipline in a sophisticated business operation.
- An aptitude for developing new revenue opportunities.
- A bias for measurable performance, a sense of urgency, and a strong commitment to personal accountability for results.
- Ablility to lead a functionally diverse team toward a unified objective, ensuring resources available for the team.
- A reputation for leading by example, mentoring, building the skills and competencies of others, and gaining respect and credibility at all levels.
- Exceptional team player.
Critical / Analytical Thinking
- A forward-thinking orientation, able to anticipate the long-term implications of decision, plans for contingencies and anticipates obstacles not readily apparent to others.
- Skilled at organizing, sequencing, and analyzing complex interdependent systems.
Organizational Effectiveness and Effective Communication
- A willingness to share knowledge and expertise with others.
- A value system that acknowledges the opinions of others and creates an environment in which others feel comfortable sharing divergent points of view.
- An open communication style that welcomes and provides timely, effective feedback, contributing to individual and organizational success.
- Acts as a role model to staff and others demonstrates the highest standards of professionalism, confidentiality and sensitivity.
- A commitment to personal excellence and highest standards of responsibility.
Creativity and Innovation
- A history of generating new ideas which are innovative and strategically sound.
- A leadership style that fosters an innovative environment, and encourages constructively challenging the status quo; encourages creativity, innovation and adaptability on others.
- Demonstrated commitment to maintaining currency in field, reflective of the best practices, and the translation of the same into organizationally appropriate responses.
How to Apply
North York General Foundation recruits, employs, trains, compensates and promotes regardless of race, colour, religion, gender, gender identity or expression, sexual orientation, national origin, disability, or age.
We offer a competitive, comprehensive compensation/benefits package, a flexible working environment, and an opportunity to grow with an organization that is the employer of choice in the not-for-profit sector.
To apply for this role please forward your CV and Cover Letter to FoundationCareers@nygh.on.ca by April 15, 2021. Please reference “Chief Financial Officer” in the subject line and you will be contacted if we feel there is a great fit.