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About the Role
The Senior Manager, Financial Reporting is the operational leader of LOFT's financial reporting function, accountable for translating organizational priorities into effective plans, processes, and team deliverables. The role provides leadership for financial reporting, budgeting, forecasting, audit readiness, and financial controls.
Responsibilities
- Provide leadership for all financial reporting, budgeting, forecasting, and long-range financial planning to support organizational sustainability and growth.
- Serve as a trusted advisor to the Executive Team, delivering financial insights, analysis, and recommendations that drive informed decision-making.
- Lead, mentor, and develop a high-performing finance function, fostering a culture of accountability, collaboration, and continuous improvement.
- Oversee financial governance, internal controls, risk management, and compliance with accounting standards, regulatory requirements, and funding obligations.
- Direct the annual audit process and ensure the integrity, accuracy, and timeliness of all financial reporting.
- Champion process optimization, innovation, and data-driven decision-making to enhance organizational effectiveness and financial performance.
- Build and maintain strong relationships with senior leaders, auditors, funders, lenders, donors, and other key stakeholders.
- Act as a steward of organizational resources, ensuring sound financial management and responsible allocation of resources in support of strategic priorities.
- Contribute as a member of the leadership team, advancing a culture of excellence, inclusion, accountability, and organizational impact.
- Undertake additional responsibilities as required to support evolving organizational needs.
Requirements
- Post-secondary education in Accounting, Finance, or a related discipline.
- Professional accounting designation (CPA or equivalent) in good standing.
- 7 - 10 years of reporting and accounting experience, preferably within the Not-for-profit or charitable sectors.
- 5+ years of people leadership experience, including leading managers, developing high-performing teams, and delivering results through others.
- Proven expertise in financial reporting, budgeting, forecasting, financial planning, and external audit management.
- Strong knowledge of Accounting Standards for Not-for-Profit Organizations (ASNPO) and financial governance.
- Proficiency with Microsoft Office applications, financial reporting tools, and ERP/accounting systems.
- Demonstrated ability to translate strategic priorities into operational plans, measurable objectives, and business results.
- Strong leadership, coaching, and team development skills with experience managing multiple priorities and competing deadlines.
- Analytical and detail-oriented, with the ability to identify risks, solve complex problems, and drive process improvements.
- Sound judgment and decision-making skills, with a focus on accountability, compliance, and continuous improvement.
- Exceptional communication, stakeholder management, and relationship-building skills, with the ability to influence and collaborate at all levels of the organization.
- A satisfactory vulnerable sector check (VSC) is also required.
Skills
- Financial reporting
- Budgeting
- Forecasting
- Financial planning
- External audit management
- Accounting Standards for Not-for-Profit Organizations (ASNPO)
- Financial governance
- Microsoft Office applications
- Financial reporting tools
- ERP/accounting systems
- Leadership
- Coaching
- Team development
- Managing multiple priorities
- Managing competing deadlines
- Analytical skills
- Problem-solving
- Process improvements
- Judgment
- Decision-making
- Accountability
- Compliance
- Continuous improvement
- Communication
- Stakeholder management
- Relationship-building
- Influence
- Collaboration
Location
- Toronto, ON
Work Type
- Hybrid
Experience Level
- Senior Manager
- 7 - 10 years of reporting and accounting experience
- 5+ years of people leadership experience
Education Level
- Post-secondary education in Accounting, Finance, or a related discipline
- Professional accounting designation (CPA or equivalent)
Salary/Compensations
- $100,341 - $131,708 Annually Prorated
Benefits
- Comprehensive compensation and benefits package, including medical, dental, vision, life insurance, and long-term disability
- Defined Benefits Pension Plan
- 24/7 Employee Assistance Program
- E-learning program available all year round
- Starting vacation time above minimum standard
- Additional paid personal and paid sick days
- Professional development budget
- Corporate Gym membership rate with GoodLife Fitness
- Access to Perkopolis, a comprehensive corporate discount program
- Access to unlimited DEI trainings through partnership Canadian Centre for Diversity and Inclusion
- Tuition reimbursement program
- Maternity-leave and Parental leave top up program
About the Company
- LOFT Community Services is a unique and dynamic charitable organization that supports people living with complicated issues such as mental and physical health challenges, substance use challenges, poverty and homelessness.
- Serving approximately 19,534 annually and providing 1,839 units of supportive housing last year, LOFT is one of Ontario’s largest mental health service providers of its kind.
- LOFT is also recognized as a Nonprofit Employer of Choice™ Award (NEOC) recipient.
- LOFT’s Finance Department provides financial leadership, stewardship, and services that support the organization’s strategy and long-term sustainability.
- The department oversees day-to-day accounting, cash management, budgeting and forecasting, financial reporting, contract management, and procurement.
- The Finance team promotes accountability, informed decision-making, and the responsible use of funds to help ensure that contributions from funders and donors are directed toward delivering programs and services for the people LOFT serves.
- LOFT Community Services is a values-driven organization with a deep belief that each person has the ability to grow and change.
- We value compassion, collaboration, and community delivered with dignity, innovation, and excellence.
- LOFT’s vision is that together, we can all live successfully in our community.
- Our client population reflects Ontario’s diverse community and it is LOFT’s goal to build a workforce who also reflects that diversity.
- LOFT believes there are many ways to develop skills and build experience and expertise. So even if you don’t “tick all the boxes” but think you’d thrive in this role, you are encouraged to apply.
Equal Opportunity
- LOFT Community Services is committed to fostering an inclusive and accessible environment and dedicated to building a workforce that reflects the diversity of the community in which we live and serve.
- LOFT is committed to making employment opportunities accessible in accordance with the Accessibility for Ontarians with Disabilities Act, 2005.
- Requested accommodation will be provided in all parts of the application and hiring process by contacting hrteam@loftcs.org or (416) 979-1994.