Chief Financial Officer

ALGON The Algonquin College of Applied Arts and Technology; Ottawa; On-site; CAD 149,000 - 200,000; Full time

Job summary

A leading college in Ontario is seeking a Chief Financial Officer (CFO) to provide strategic direction and oversight for finance and administrative services. The role requires a bachelor's degree, CPA designation, and significant leadership experience. The CFO will lead financial planning, compliance, and contribute to the college's mission of innovation and student success. A competitive salary and great benefits are offered, along with a commitment to diversity and inclusion.

Benefits

Defined Benefit Pension Plan

Generous vacation

Parental leave top-up

Ongoing professional development

Tuition assistance

Qualifications

• Minimum of four years bachelor's degree required.
• A minimum of thirteen years of leadership experience preferred.
• Education in lean management principles required.

Responsibilities

• Provide executive leadership and oversight of finance and administrative services.
• Lead financial planning and allocation of resources.
• Ensure compliance with financial regulations.

Skills

Leadership

Financial management

Problem-solving

Analytic skills

Communication

Education

Bachelor's degree in Business, Accounting or Finance

Chartered Professional Accounting (CPA) designation

Job description

Job Description

Algonquin College is a leader in postsecondary education renowned for its innovation student success and commitment to excellence in teaching and applied learning. As a cornerstone of Ontarios postsecondary landscape Algonquin is proud to serve a diverse student population and is recognized for integrating emerging technologies and sustainability into every facet of campus life.

We are seeking a visionary strategic and collaborative leader to join our team as Chief Financial Officer (CFO). In this pivotal role the CFO provides executive leadership strategic direction and oversight to the teams responsible for delivering finance and administrative services across the College.

About the Role

As CFO you will lead the Finance and Administrative Services Department and serve as a key advisor to the executive team and Board of Governors. You will oversee the financial planning resource allocation compliance and reporting for Algonquin College playing a critical role in promoting fiscal responsibility supporting institutional priorities and driving innovation through lean financial management.

Key Responsibilities

Corporate Leadership and Planning :

Serve on the Vice President Finance and Administrations strategic management team contributing to institutional leadership long-term financial planning and strategic decision-making.

Develop and monitor financial strategies operating and capital budgets and performance metrics aligned with the Colleges mission and lean management principles.

Advise the executive team and Board of Governors on corporate finance policy and planning matters.

Lead the development and ongoing refinement of the Colleges five-year Capital Plan and financial objectives that support the strategic plan.

Ensure compliance with financial and ministerial regulations and provide timely counsel to College leadership.

Act as Vice President Finance and Administration (Treasurer) when required.

Corporate Financial Integrity

Ensure financial integrity through effective policies internal controls and compliance with legislation and Ministry directives.

Lead transparent performance-based budget planning and financial reporting aligned with lean principles.

Oversee treasury functions capital capacity debt management and endowment investments.

Collaborate with senior financial leaders and Internal Controls to assess and enhance risk mitigation and operational systems.

Drive continuous improvement in financial systems resource allocation and audit readiness.

Serve as a key advisor to the President Board of Governors and Audit and Risk Management Committee.

Lean Management Leadership :

Champion lean thinking and continuous improvement across financial and administrative operations.

Lead and support teams in Financial Services Corporate Planning Strategic Procurement Payroll and Logistics (Shipping Receiving and Mail Services).

Foster a high-performance culture through effective recruitment development and performance management.

Build and empower a strong leadership team and develop succession plans aligned with employee goals and institutional needs.

Communicate strategic direction and long-term goals to departmental teams.

Promote professional development career progression and a safe respectful inclusive workplace culture.

Leadership of Corporate Financial Investments Commodity Taxes Banking and Auditing Services :

Ensure optimal investment of College funds in compliance with the Ontario Financial Administration Act Ministry directives and College policies.

Lead tendering processes for auditing banking and investment services as required.

Monitor service levels and fees to ensure value and accountability.

Oversee compliance with excise tax laws and assess the value of commodity tax consulting services.

Required Qualifications :

Minimum four (4) year bachelors degree or equivalent in such disciplines as Business Accounting Finance or an equivalent combination of education and experience is required at the point of hire.

A Chartered Professional Accounting (CPA) designation is required.

Education training or coaching in lean management principles is required.

Masters degree in business administration would be considered an asset.

A minimum of thirteen (13) years of leadership experience in a similar capacity preferably in a post-secondary multi-level setting.

Experience in financial & human resource management is required including managing budgets effectively across multiple departments financial reporting and setting up effective metrics and business processes and working in unionized environments

Experience in partnering with an executive team and have a high level of written and oral communication skills.

Skills and Competencies :

Highly developed skills in the areas of leadership finance human relations problem-solving and presentation.

Knowledge and application of lean management principles.

Goal driven results oriented and ability to be strategic in support of College goals.

Administrative planning and management full range of skills related not only to ongoing operations but also to team building and change management.

Proficient in using digital tools and data to support informed decision-making with a strong understanding of IT to guide academic applications aligned with College objectives.

Excellent analytic skills related to policy budget and operations issues.

Strong priority-setting and conflict resolution / mediation skills are essential.

Significant financial management and planning skills.

Why Join Us

Algonquin College is a recognized leader in applied education committed to student success and community engagement. As our next Chief Financial Officer you will play a pivotal role in aligning strategic and operational priorities with the Colleges mission. This is a unique opportunity to shape the future of education drive innovation and make a lasting impact on our students staff and the broader community.

Algonquin College is proud to be recognized by Forbes as one of Canadas Best Employers for 2025 and Canadas Best Employers for Diversity in 2024. Along with a highly competitive salary we offer a Defined Benefit Pension Plan (CAAT) generous vacation parental leave top-up ongoing professional development and tuition assistance. Explore more of our amazing benefits : Now!

If youre ready to embrace this exciting leadership opportunity and help shape the financial future of Algonquin College we want to hear from you. Join us in driving innovation empowering student success and making a lasting impactapply today.

• Position is paid at Payband 15
• Vacancy is for P 14313

This position requires regular on-site work at Algonquin Colleges Woodroffe (Ottawa) Campus

Algonquin College values diversity and is an equal opportunity employer. We offer an inclusive work environment and encourage applications from all qualified individuals. If you require accommodation during the recruitment process please contact the Human Resources department at While we thank all those who apply only those to be interviewed will be contacted.

Required Experience :

Chief

Key Skills

General Management,Access Control,Interior,Administration Support,Client Services,Computing

Employment Type : Full-Time

Experience : years

Vacancy : 1

Monthly Salary Salary : 149300 - 199065