Title:  Senior Manager Finance

Department: Finance

Reporting Relationship: This role has supervisory responsibility for direct reports

Reports to:  Director, Finance

 

Sunnybrook is a premier academic health sciences centre, fully affiliated with the University of Toronto.

In conjunction with the Finance team this role contributes to the achievement of the Foundation’s goals with respect to the processing of financial activity.

The Team

The Finance team is accountable for the Foundation’s financial and grant management reporting, investment management, tax and regulatory compliance, legal and risk management.  Establishing policies, procedures and controls to ensure timely and accurate reporting of the financial results. As members of the team, we are committed to a positive and safe work environment where we support, listen and learn from each other and be accountable to our many key stakeholders.

 

The Role

The Senior Manager Finance is responsible for managing and coordinating the activities and workflow in Financial and Fund Accounting ensuring that reporting, the audit, and related regulatory reporting are completed timely and accurately.  This role also coordinates extensively with the Investment activities to ensure seamless and efficient reporting.  This role must understand and apply appropriate accounting guidelines, standards and treatments including Canadian accounting standards for Not-For-Profit Organizations (ASNPO).

This position also serves as back-up to the Director, Finance and/or CFO for all mission critical duties.

 

Key Responsibilities

• Responsible for planning and leading year-end activities with external auditors for annual financial audit.
• Overseeing the entity’s month end activities, preparing financial statements, coordinating year-end audit.
• This role is required to have an in-depth understanding of funding and its associated spending criteria in order to establish proper procedures and processes to facilitate and ensure capital projects are reported accurately.
• Supervise month-end financial close and associated reporting
• This position has a very close working relationship with the Senior Fund Accounting Officer, Senior Accounting Officer, Accounting and Grants Officer and the Accounting Coordinator.
• Responsible for the timely and accurate preparation of the consolidated audited financial statements and notes.
• Supervise preparation of compliance and other reporting. This position is responsible to ensure timely completion and submission of Charity Information Return, Form 990 and quarterly GST Filings.
• Responsible for overseeing all Foundation Funds including process improvement, streamlining, and policy updates and clarification. As a part of this role you will be involved in the Fund Portal project.
• Monitor and review activities for over 700 funds.
• Provide guidance to ensure grant disbursements are used in accordance with purpose assigned to each fund.
• Review and ensure proper external restrictions on Foundation Funds.
• Preparation of annual budget and forecast updates

 

Relationships and Accountabilities

• Builds, develops, and maintains effective and mutually beneficial partnerships with key stakeholders within Hospital and the Foundation, building awareness and gaining support in order to further the goals and objectives of the Foundation.
• Works with Hospital staff and physicians to develop and build linkages between the Foundation and Hospital
• 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, to individual and organizational success.
• A willingness to share knowledge and expertise with others.

• Reviewing and evaluating current accounting practices, procedures, and internal control to establish and/or recommend improvements to processes, highlighting to management key financial issues and recommending corrective actions.
• Managing the development, implementation and enforcement of policies that relate to areas within this role.
• As the Foundation is a fundraising organization, participate in certain foundation events.

 

Skills & Abilities Required:

• Communicate and/or support change initiatives to move the organization forward, demonstrating flexibility toward new approaches
• Strong attention to detail and accuracy
• Ability to maintain confidentiality

Supervisory Experience

• Ability to work independently and as part of a team
• Demonstrate self-confidence, flexibility, initiative, perseverance and integrity
• Strong interpersonal skills including ability to relate with different levels of stakeholders, interpreting complex information and ideas to a varied audience
• Demonstrate commitment to increasing client satisfaction, and provide prompt and positive service to internal and external stakeholders
• Effectively juggle multiple tasks, work demands and shifting priorities in a positive manner, ensuring deadlines are met
• Communicate problems and resolutions to Director, Finance and/or CFO in a timely manner
• Ability to maintain and demonstrate professionalism
• Excellent verbal and written communication skills

 

Job Requirements:

• Chartered Professional Accountant designation (CPA) required.
• Minimum 10 years finance and accounting experience in the not for profit sector, preferably public foundation sector
• Exceptional service orientation and strong interpersonal, verbal and written communication skills required

Supervisory Experience

• Excellent analytical, problem recognition and creative problem solving skills with a proven ability to take initiative and embrace challenges required
• Ability to translate financial concepts and effectively collaborate with fundraising colleagues.
• Demonstrated ability to prioritize competing demands, meet deadlines and work collegially in a team setting.
• Proficiency with Raiser’s Edge and Financial Edge is an asset
• Exceptional Excel skills and proficiency in Word, PowerPoint, and Outlook required
• Understanding of Fund accounting principles and Canadian accounting standards for not-for-profit Organizations (ASNPO).
• Understanding of CRA guidelines for charities, including receipting and preparation of T3010

 

To Apply:

If you would like to apply for this role, please send a cover letter and a current resume listing your qualifications and experience by April 28, 2022 to foundationHR@sunnybrook.ca.

Please quote “Senior Manager, Finance” in the subject line of your e-mail. We thank all applicants in advance. Only those selected for an interview will be contacted.

Sunnybrook Foundation is committed to providing accessible employment practices that are in compliance with the Accessibility for Ontarians with Disabilities Act (‘AODA’). If you require accommodations for disability during any stage of the recruitment process, please indicate this in your cover letter.

Sunnybrook Foundation is strongly committed to equity, diversity and inclusion within its community and encourages all applicants including but not limited to: Indigenous, Black and other racialized persons, all religions, cultures, and ethnicities, persons with disabilities, LGBTQ2S+ persons and persons of any gender identity and sexual orientation, and everyone who may contribute to the further diversification of ideas.

Please be advised that in order to be eligible for employment at Sunnybrook, all new hires must have received the full series of a COVID-19 vaccine or combination of COVID-19 vaccines approved by Health Canada (e.g., two doses of a two-dose vaccine series, or one dose of a single-dose vaccine series); AND have received the final dose of the COVID-19 vaccine at least 14 days ago. Medical exemptions or any other kind of requested exemption based upon the Hospital’s obligations pursuant to the Ontario Human Rights Code will be considered on a case-by-case basis.