THE OPPORTUNITY

 Scarborough Health Network Foundation is seeking a strategically oriented, highly collaborative and integrative leader, with strong financial and business acumen to serve as its new Vice-President, Finance and Operations. The Vice-President will oversee Finance, Investments, Fundraising Operations, and Administration (i.e., IT, and risk management) while providing leadership to annual and long-range operational planning and monitoring across the organization.

Reporting to the President & CEO and serving as a key member of the senior leadership team, the Vice President, Finance & Operations will be an important contributor to the overall strategic goals, and achievements as the Foundation enters an exciting new phase of growth during our $200M campaign and charts a course for significant future growth.

The Vice-President will work alongside an engaged and experienced Board of Directors, specifically the Finance, Audit, and Risk Management Committee and the Investment Committee, providing support and guidance while leveraging their expertise and strategic insights.

The Finance & Operations team works out of our General office and maintains a presence across all of our three hospital sites, as needed. We have a hybrid working environment where employees are eligible to work remotely as determined by the senior leadership team.

ABOUT SCARBOROUGH HEALTH NETWORK

Scarborough Health Network (SHN) is the third largest community hospital in Ontario, caring for more than 850,000 residents across Durham, Markham and Scarborough. SHN provides exceptional care to patients and delivers provincially, nationally and internationally recognized programs across our three hospitals – Birchmount, Centenary, and General. We are taking the lead in delivering accessible, world-class and inclusive healthcare to one of Canada’s most vibrant and diverse, yet vulnerable communities.

Our programs and services are designed for the specific needs of the Scarborough community. We offer full-service emergency departments; diagnostic, surgery, rehabilitation, and geriatric care; as well as advanced birthing centres for moms, newborns, and growing families. We are leaders and partners in specialty mental health, cancer, and kids’ care.

Home to leading minds, our medical expertise and compassionate care are accessed from well beyond our borders. We have Ontario’s largest regional nephrology program and regional community-based cardiovascular rehabilitation service. We are the designated cardiac centre for the Central East region of Ontario, and our cardio-oncology clinic is an internationally recognized centre of excellence.

We are proud to be a community-affiliated teaching site for the University of Toronto, in addition to supporting the development of the future Scarborough Academy for Medicine and Integrated Health with the University of Toronto Scarborough. As a member of the Toronto Academic Health Science Network (TAHSN) and partner with other universities and colleges, we are committed to helping train the next generation of healthcare professionals.

Scarborough Health Network’s Strategic Plan 2024-2029 builds upon the commitments, achievements, and progress the hospital has made since the three Scarborough hospitals merged to form SHN in 2016, and elevates our role in providing a more integrated healthcare system for Scarborough. This means going beyond our walls, adapting research and education efforts to the specific health conditions experienced among our community, and working with health system partners to provide seamless and coordinated care. For our patients and their families, this means quicker access to care, right here in Scarborough.

As the Network’s second-largest funder (following government support), SHN Foundation is a key partner and enabler in executing our Strategic Plan 2024-2029. The Love, Scarborough fundraising campaign is helping SHN Build It Forward through a multi-year redevelopment strategy that includes ambitious capital expansion and renewal projects. Together, we will ensure our hospital services and facilities meet Scarborough’s evolving needs into the future and deliver exceptional quality care for the people we serve.

ABOUT SCARBOROUGH HEALTH NETWORK FOUNDATION

Since its inception, Scarborough Health Network Foundation has worked with generous donors, volunteers and community members to raise the funds needed to build state-of-the-art infrastructure and purchase the latest medical technology, supporting Scarborough Health Network’s vision to be Canada’s leading community teaching health network.

Strategic Plan 2024 – 2029

SHN Foundation’s 2024-2029 strategic plan is a thoughtfully designed road map that is critical to achieving SHN’s vision. The Love, Scarborough fundraising campaign is essential to how our health network and community will advance into the future, enabling growth and innovation, and the delivery of exceptional quality care.

THE LOVE, SCARBOROUGH CAMPAIGN

In January 2022, SHN Foundation publicly launched the Love, Scarborough campaign. The campaign’s goal was to shed light on the healthcare inequities we face in Scarborough and encourage the rest of Toronto to back us up. The campaign gave Scarborough a voice and became a movement, mobilizing donors from Scarborough and beyond in support of our Scarborough hospitals.

Despite our leading efforts—and Scarborough comprising 25% of Toronto’s population—SHN was the least funded health network compared to other hospitals with no major infrastructure funding received between 2010 – 2021. This has left SHN with patient care areas that need extensive renovations, and significant equipment needs. Our aging hospitals, which are over half a century old, are falling behind and creating obstacles for our patients, physicians, staff and community. To overcome these obstacles, continue our high quality of care for Scarborough’s patients, and become Canada’s leading community teaching health network, SHN needs investment.

In late April of 2022, the Government of Ontario committed to $1.2 billion in funding that will largely support our plans to reenvision the Birchmount campus including construction of a new patient tower.  Currently, we have urgent priorities to upgrade our existing facilities to care for our community.  We are raising $200 million to fund critical projects across our three hospitals, while in the early stages of planning a major fundraising campaign to fund the local share of the Birchmount project as well as additional projects at Centenary and General.

We look forward to tackling even more urgent priorities that will get us closer to achieving equitable healthcare for Scarborough. The next phase of our campaign will support priorities such as research and education, including SHN’s new Education and Research Centre, aligned with the new Scarborough Academy of Medicine and Integrated Health (SAMIH) in partnership with U of T Scarborough Campus, and the new SHN Research Institute. In addition to a significant goal for the Birchmount redevelopment, other priorities may include women’s health and pediatrics, cancer care, orthopedics, and cardiac and stroke care.

ADDITIONAL INFORMATION

•  Scarborough Health Network
•  Scarborough Health Network Foundation
• SHN Foundation Strategic Plan:  2024 – 2029
• SHN Strategic Plan:  2024 – 2029
• SHN Foundation 2023/2024 Financial Statements
• SHN AND SHNF 2022/2023 Annual Report
• SHNF Board of Directors
• SHN Foundation Events
• SHN Foundation News
• Ways To Give
• Love, Scarborough

KEY DUTIES AND RESPONSIBILITIES

 Leadership and Planning

• Work collaboratively with the CEO and Senior Leadership Team (SLT), as a lead partner to drive the overall Foundation strategy, planning, and culture while achieving annual and long-range objectives.
• Serve as the subject expert for Finance, Investments, Administration, Risk Management, IT and Data Systems.
• Act as a key lead for strategic and annual operational planning, working cross-functionally to promote integration and collaboration to drive business plans.
• Monitor, analyze and report on performance and achievements of the strategic plan, annual plans, and budgets. Lead discussions about key investments in operations and organizational capabilities to achieve the Foundation’s ambitious plans. Provide regular reports to the CEO, SLT, donors and funders as required.
• Maintain awareness of best practices in the sector to ensure the Foundation is at the leading edge in relation to financial governance and management; risk management; systems and data.
• Act as an ambassador for SHN Foundation both internally with the hospital and externally throughout the community, building relationships in a strategic manner that contribute to a culture of giving and support for SHN.

Financial Planning, Management, and Governance

• Oversee the financial health and compliance of the Foundation, including budgeting, forecasting, and reporting – working closely with the CEO, SLT, Finance, Audit, and Risk Committee and Investment Committee.
• As part of the annual planning cycle, work with the CEO and SLT, providing leadership and direction on the development, planning, analysis, and execution of the annual budget and multi-year financial plan.
• Oversee management of the day-to-day financial, tax and accounting activities, including but not limited to:
  • Implementation of annual, multi-year, and campaign budgets aligned with the Foundation’s strategic and operational directions.
  • Ensure the accuracy, integrity, and appropriate disclosure of financial statements.
  • Implementation and monitoring of processes and systems for accounts payables and receivables, bank reconciliation, cash management, tax planning and filings, etc.
• Work with hospital finance team to ensure accurate and timely fund management, transfer, and reconciliation.
• Support the Philanthropy team in reporting to donors and management of funds, gift payments, and review of gift agreements.
• Liaise with external auditors to coordinate the annual audit and oversee audit preparation and production of audited financial statements.
• Oversee the annual Charitable Information Return (T3010)

Administration & Risk Management

• Lead the development, implementation, and ongoing oversight and reporting of risk management and compliance protocols inclusive of all Foundation departments and programs.
• Provide oversight for the Foundation’s policies and procedures ensuring they are current and in compliance with industry regulations, standards, and requirements.
• In collaboration with the CEO, SLT and relevant Board Committee, monitor all relevant legislation to ensure that the organization is compliant.
• In collaboration with SLT, assess the Foundation against sector performance and benchmarks, and identify and advise on potential operational efficiencies, cost reductions, and business improvements.
• Oversee tax receipting policies and procedures that comply with CRA policies and guidelines.
• Ensure the effectiveness and efficiency of Foundation-wide administrative needs.
• Key lead for procurement and contracted services, ensuring a robust procurement strategy and process.

Information Technology, Data & Fundraising Operations

• Support the AVP, Fundraising Operations, and provide strategic oversight for fundraising operations for the Foundation including gift processing; prospect research and management; and campaign and fundraising operations.
• Accountable for strategies, effective operations, and ongoing evaluation of IT tools, processes, and systems, maintaining best practices and ensuring they meet the evolving business needs.
• Ensure the donor and financial databases and all information systems are compliant with legislation and meet the Foundation’s needs.
• Act as the Foundation’s Privacy Officer ensuring that information systems meet all regulatory and legislative requirements and comply with PIPEDA with respect to personal information maintained by the Foundation.
• Works with all Foundation teams to maximize the use of Raiser’s Edge (RE).

Team Leadership

• As part of SLT and in conjunction with the Strategic Human Resources Business Partner, provide strategic insights for the Foundation’s human resource practices, in particular around compensation and benefits strategy and implementation.
• Manage a staff team to work collaboratively with each other and across the Foundation while also demonstrating accountability and performance excellence.
• Assess current team priorities, workload, and resources and build a department plan that supports immediate needs and develops longer-term growth strategies and actions.
• Develop individual and team goals and performance targets with measurable outcomes that are assessed on a regular basis.
• Model a commitment to equity, diversity and inclusion. Respect diverse cultures and opinions, encourage inclusive behaviour, and ensure that all staff and volunteers are treated in an equitable manner.
• Build and maintain strong relationships with hospital partners.

QUALIFICATIONS & COMPETENCIES

• Chartered Professional Accountant (CPA) in good standing, is required.
• A positive track record at an executive or senior management level in financial management, fundraising operations, IT systems and other administration.
• Understanding of non-profits/charitable organizations. Previous work experience in a hospital foundation is considered an asset.
• Experience and knowledge of key finance processes, financial reporting, budgeting & planning, management accounting, etc.
• Proficiency with financial reporting; understanding and adhering to complex gift agreements and funding arrangements.
• Experience working with a Board of Directors providing support and engaging their expertise as key strategic partners.
• Expertise in data management, prospect research and management; and campaign and fundraising operations.
• Skilled at leading strategic and annual operational planning, including oversight for organization-wide integration and performance monitoring.
• Knowledge and experience with Raiser’s Edge and Financial Edge are considered an asset.
• Financial and business acumen with exceptional analytical skills. Ability to use data to draw insights and drive results.
• Strong governance, compliance, and risk assessment capabilities with the ability to evaluate risk and leverage mitigation strategies and controls.
• Collaborative leader with experience working in a team-based environment.
• Demonstrated ability to develop and manage relationships in a diverse, multi-stakeholder environment.
• Track record of leading, mentoring, and building motivated and high-performing teams.
• Strong knowledge of the relevant legislative, accounting, and specific Canada Revenue Agency requirements for not-for-profit organizations.
• Post-secondary education in a related field or a combination of skills and experience.

FOR MORE INFORMATION

KCI Search + Talent is pleased to conduct this search on behalf of Scarborough Health Network Foundation. For more information about this Foundation leadership opportunity, please contact Ellie Rusonik, Senior Vice President/Lead, KCI Search + Talent by email at SHNFVP@kcitalent.com.

To view the full Executive Brief, please visit:  www.kcitalent.com.

All inquiries and applications will be held in strict confidence. Interested candidates should send their resume and letter of interest to the email address listed above by September 24, 2024.

The salary range for this role is $170,000 to $205,000 plus up to 10% performance-based compensation. We also offer an industry-leading pension plan (HOOPP), and an excellent benefits package.

Scarborough Health Network Foundation (SHN Foundation) embraces and celebrates our community′s unique multicultural heritage and diversity. SHN Foundation is an equal opportunity employer, dedicated to a culture of inclusiveness and diversity reflecting our diverse patients, staff and community alike. We are committed to providing barrier-free and accessible employment practices in compliance with the Accessibility for Ontarians with Disabilities Act (AODA). Should you require accommodation through any stage of the recruitment process, please make them known when contacted and we will work with you to meet your needs.