At Ray of Hope we lead with passion and believe without a doubt that everyone deserves to belong and thrive. We live and breathe our mission to Demonstrate the Love of Christ by Investing in People, Inspiring Hope and Transforming Life.
We are searching for a strategic, community minded individual with a heart for authentic and purposeful relationships, and a keen ability to deliver on results, to join our team as Chief Financial Officer, reporting to the Chief Executive Officer. The CFO in partnership with the CEO will set Ray of Hope financial policy and direction while also being an active participant on the Executive Management Team. The CO will lead all financial administration, business planning and budgeting. As a member of the Executive Management team, the CFO will work closely with a motivate and engaged Board of Directors.
This role participates as a member of the Executive Leadership Tea and as such has a shared organizational responsibility to work effectively as a member of the team and develop and carry out Ray of Hope's Strategic and Annual Plans. The ideal candidate will possess broad finance leadership experience, including experience working with funders along with very strong leadership, team building and decision making skills.
Key Responsibilities
Contribute to the development and maintenance of a Christian not for profit
Ensure that all program activities operate consistently an ethically within the mission and values of Ray of Hope
Provide effective and inspiring leadership, and stewardship of Ray of Hope
Partner with the CEO on all operational and strategic issues as they arise
Provide strategic recommendations to the CEO based on financial analysis and projections, cost identification and allocation and revenue/expense analysis.
Oversee long term budgetary planning and cost management in alignment with Ray of Hope's strategic plan
Engage the Director of Fundraising and Public Relations to align financial management with short and long terms financial planning and projections
Engage the Board Finance and Risk Committee (FARC) around issues, trends, and changes in the operating model and operational delivery
Oversee the implementation of budgets, to monitor progress and present operational metrics both internally and externally
Ensure that finance staff maintain financial record systems in accordance with Generally Accepted Accounting Principles and monitor the use of all funds
Evaluate and oversee all benefits negotiations, thus providing the most competitive packages for Ray of Hope employees
Evaluation of investment options; identifying short and long term directions for the organizations.
Meet regularly with program managers to review financial results, educating where necessary to ensure positive fiscal results
Qualifications
Undergraduate degree in management/administration, accounting or commerce
Chartered Professional Accountant (CPA) designation (or equivalent) is required
5 plus years of broad finance experience, including implementing accounting processes and controls, gathering, evaluating and reporting financial information and making actionable recommendations to leadership team
Experience working with funders, working with government funder an asset
Very strong leadership team building and decision making skills required including demonstrated strength in coaching and developing people and teams with at leaser 3 years previous experience leading a team
Experience in financial planning, analysis and reporting in a multi service agency including budget preparation, forecasting and program performance analysis
Experience/knowledge in Payroll and administration best practices required
Experience identifying and implementing digital tolls to grow efficiency and effectiveness of financial reporting, budget and expense access by budget owners
