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About the Role

The Finance Team is responsible for processing donations and expenses, grant management, regulatory compliance, managing investments, 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.

Responsibilities

Ensure the integrity of the accounting system by correctly posting accounting transactions and producing timely financial and management reports.
Collaborate with stakeholders on the planning and implementation of new platforms and system improvements.
Manage month-end and year-end closing processes.
Oversee gift processing operations and ensure compliance with CRA regulations, accounting standards, and organizational policies.
Manage the accounts payable process, including approving invoices and verifying adherence to correct processes and account usage.
Liaise with the bank for daily online checking of bank accounts and manage external accounts linked to the operating bank account.
Process EFT, wire, and bank transfers.
Support the Director, Finance in the Foundation’s cash management process.
Review CAMH grant receivable payments and approve for release, ensuring proper cash flow to the hospital, including CAMHF monthly Operating Expenses.
Assist with financial reporting to CAMH and liaise with CAMH Finance to reconcile CAMH receivable to CAMHF payable.
Ensure key processes are documented and updated as changes occur.
Support the Director, Finance with the Procurement Process.
Complete quarterly HST returns.
Prepare and/or review financial reports and analysis as required.
Provide financial reports to various stakeholders as required.
Support the development, review, and updating of finance policies and procedures.
Assist the Director, Finance with preparation of year-end audit working papers, financial statements, and other year-end audit procedures.
Advise and update Director, Finance on any irregularities or concerns regarding financial matters.
Ensure the integrity and maintenance of the computerized financial accounting system.
Process monthly payroll transactions and perform reconciliation of the payroll report.
Identify opportunities to improve financial processes, controls, and reporting efficiency.
Oversee a team of six, providing leadership and coaching.
Schedule weekly check-in meetings with staff and provide support in resolving issues.
Complete mid-year and end-of-year reviews for each staff member, providing feedback and supporting professional development goals.
Develop and maintain managing skills.
Approve timesheets and other electronic status changes.
Act as a team player, promoting a positive and professional work environment with integrity and respect.
Meet with new staff regarding expense policies and procedures.
Act as an Ambassador, positively representing the Hospital and the Foundation.
Abide by the policies and procedures of CAMH and CAMHF.
Maintain donor and CAMHF confidentiality and privacy.
Abide by the Occupational Health and Safety Act and report incidents immediately.
Operate within the culture and core values of the organization.
Maintain knowledge and expertise in relevant fields.

Requirements

University degree and recognized professional accounting designation (CPA) or equivalent.
5+ years of experience in financial accounting, with at least 2 years in the not-for-profit sector, preferably in healthcare.
Experience in a management role is desirable.
Proficient in corporate productivity tools including Excel, Word, PowerPoint.
Experience with Raiser’s Edge or similar donor database management systems.
Experience with Financial Edge or similar accounting systems.
Strong organizational skills and ability to prioritize multiple and changing demands.
Excellent interpersonal skills, with the ability to interact effectively with all levels of the organization and the public.
Customer/donor focused.
Excellent verbal and written communication skills.
Ability to work independently with initiative, organization, and attention to detail.
Ability to work effectively as part of a team.
Ability to work effectively on multiple priority projects with competing deadlines with a high degree of accuracy.
Willingness to work flexible hours, including some evenings and weekends.

Skills

Financial Accounting
Accounting System Integrity
Financial Reporting
Management Reporting
System Implementation
Month-end Closing
Year-end Closing
Gift Processing
CRA Regulations Compliance
Accounting Standards Compliance
Accounts Payable Management
Bank Reconciliation
EFT Processing
Wire Transfer Processing
Bank Transfer Processing
Cash Management
Grant Receivable Management
Financial Statement Preparation
Audit Support
Policy Development
Procedure Development
Procurement Process Support
HST Return Filing
Payroll Transaction Processing
Payroll Reconciliation
Process Improvement Identification
Team Leadership
Coaching
Performance Review
Professional Development Support
Employment Legislation Knowledge
Timesheet Approval
Teamwork
Interpersonal Skills
Communication Skills
Donor Database Management
Accounting Systems
Organizational Skills
Prioritization
Initiative
Attention to Detail
Accuracy
Flexible Work Hours

Location

Toronto

Work Type

Remote/Work-from-home
Hybrid
Full-Time
Permanent

Experience Level

Managerial experience desirable
5+ years of experience in financial accounting
2+ years of experience in the not-for-profit sector

Education Level

University degree
Recognized professional accounting designation (CPA) or equivalent

Salary/Compensations

$95,203.84 to $109,764.43, annually

Benefits

Participation in HOOPP defined benefit pension plan
Extended health and dental benefits
Paid vacation starting at four weeks
Flexible work arrangements
Ongoing professional development support

About the Company

The Centre for Addiction and Mental Health (CAMH) is Canada’s largest mental health teaching hospital and one of the world’s leading research centres in its field.
CAMH offers outstanding clinical care to more than 38,000 patients each year.
The organization conducts ground-breaking research, provides expert training to healthcare professionals and scientists, develops innovative health promotion and prevention strategies, and advocates on public policy issues.
CAMH Foundation is charged with raising and stewarding funds in support of CAMH.
Its role is to help transform the way we understand and address mental illness by raising awareness and increasing engagement across the country.
Generous and dedicated supporters help CAMH advance discovery and innovation, build spaces that promote recovery, and break down the stigma of mental illness.
CAMH's core values are Courage, Respect and Excellence.
CAMH is implementing its Strategic Plan: Connected CAMH, to transform lives, ignite innovation and discovery, revolutionize education and drive social change.
CAMH is on a mission to change the way society thinks about and responds to mental illness.
They aim to eliminate prejudice and discrimination and shape a world where mental illness is central to our healthcare system – a world where Mental Health is Health.

Equal Opportunity

CAMH Foundation is an equal opportunity employer.
We are committed to providing reasonable accommodations and will work with you to meet your needs.
We celebrate our inclusive work environment and welcome members of all backgrounds and perspectives to apply.