Finance Officer

About the job
Finance Officer

If you are passionate about seniors and the frail elderly, comfortable in a Catholic environment, flexible, a collaborator, committed to compassionate service, interested in a long-term relationship with religious congregations across Canada and have strong financial expertise with sound judgement, this position may be for you.

The Organization

Canadian Religious Stewardship (CRS) Mission is to serve the needs of Religious Institutes in Canada through a ministry of collaboration, in particular, their needs relating to eldercare and stewardship of resources in the midst of diminishment. CRS is a National not for profit, charitable civil corporation and a Public Juridic Person of Pontifical Right. We serve the needs of our clients (Religious Institutes in Canada) through a ministry of collaboration; empower them to view their future with hope in the midst of fewer members and diminishing resources; provide governance, management and administrative expertise and services.

Job Summary

The Finance Officer will report to the Associate Director of Finance & Operations. The incumbent will work in close collaboration with a small team in the CRS finance and operations office and several of the religious communities’ leaders and their members.

The incumbent will take ownership of a broad range of financial functions including payroll, accounts payable, invoicing, accounts receivable, cash management, general accounting, reporting and records management. This position will be integral for the day-to-day financial administration of CRS and several religious communities we serve.

Duties & Responsibilities

Accounting & Finance (70%):

Accounts Payable – process approved payments via cheque, online banking and EFTInvoicing and Accounts Receivable – prepare accurate and timely client invoicing, related accounts receivable management and collectionsProcess journal entries and account reconciliationsPrepare financial reports for presentation to clients and leadershipPrepare ad hoc analysis as requiredMonitor cash flow requirements and covenantsPerform credit card, petty cash and other bank and cash related reconciliationsAdminister CRS/client funds according to approved budgets and accounting practicesEnsure compliance with best practices in bookkeeping, accounting policies, and proceduresParticipate in audits, special projects, new initiatives and system improvements to strengthen financial operations

Payroll (30%):

Responsible for overseeing and directing payroll procedures and best practicesPrepare and administer payroll for both hourly and salaried employees across Canada; process new hires, terminations, salary changes, etc.Calculate and remit payroll withholding taxes and deductions, Employer Health Tax (EHT), and employee benefit deductions in a timely mannerAdminister Workers’ Compensation processes across applicable provinces, including premium calculations, reporting, and compliance with provincial regulationsAudit ADP payroll processing reports and reconciliations for accuracyDevelop processes and system upgrades to meet internal and external audit requirementsPerform monthly, quarterly and annual reconciliations and annual regulatory filings

Statement of Qualifications

Education

Undergraduate degree or community college diploma in Business, Finance, or in a related fieldProgress toward or completion of Payroll Compliance Professional (PCP) designation an assetOngoing professional development in payroll and accounting legislation and systems is an asset

Knowledge & Experience

Understanding of the mandate of CRS and of religious persons and Religious Institutes in CanadaMinimum of five years of general accounting and payroll experienceDemonstrated ability to work with multiple clients/projects at any given timeProven experience participating in complex change management and business optimization initiatives, including researching, developing, recommending, negotiating, and implementing transformational projectsExperience in fostering a strategic vision and cultivating stakeholder relationshipsExperience offering practical recommendations to improve processes, systems or financial proceduresExperience with creating detailed financial models in ExcelIn-depth knowledge of QuickBooks Desktop and ADP payroll softwareExperience working within registered charities or not for profit organizations an asset

Abilities

Demonstrates integrity, professionalism and respect in all interactionsChampions innovation and effectively guides organizational changeApproaches stakeholders as a collaborative and understanding partnerNavigates complex issues and balances priorities with a solutions-focused mindset.Proactively identifies current and emerging risks, contributing to a risk management approachDesigns and implements organization-wide finance policies, processes and strategic initiativesFosters a forward-looking financial vision while cultivating strong stakeholder relationships.Exercises strong leadership and interpersonal skills, including clear communication, effective negotiation, conflict resolution, and evidence-based decision-making.Reads, interprets, and communicates information related to complex financial projects, contracts, and agreements with accuracy and clarity.Location

While there is opportunity to work off site on occasion, it is important that the Finance Officer together with staff work in community with clients and staff at Presentation Manor for Seniors in Scarborough, Ontario.

How to Apply

Interested candidates are invited to submit a resume and cover letter detailing their qualifications and suitability for the role to hr@crs-src.org.

Accommodations will be provided as requested throughout the recruitment and selection process.

The Finance Officer position is contingent upon the successful completion of a vulnerable sector screening.

Note: This job description is intended to provide a general overview of the responsibilities and qualifications for this position. It may be subject to revisions or updates at the discretion of the organization.