Senior Manager, Financial Strategy & Initiatives

Toronto Community Housing; Toronto; Hybrid; CAD 100,000 - 130,000; Full time

Job summary

A leading organization in Toronto is seeking a Senior Manager, Financial Strategy & Initiatives. This role involves strategic financial leadership, guiding corporate finance objectives, and enhancing fiscal governance. The ideal candidate will have extensive experience in financial strategy, project management, and a strong educational background in finance or related fields. This position offers a hybrid work arrangement and a comprehensive benefits package.

Benefits

Paid annual vacation days

Defined benefit pension plan

Health and dental benefits

Training and development programs

Fitness membership discount

Qualifications

• 7-10 years of management experience in corporate financial strategy.
• Experience in managing large and complex budgets.

Responsibilities

• Develop and implement long-range financial sustainability plans.
• Lead financial oversight and governance mechanisms.
• Contribute to organizational financial performance improvements.

Skills

Leadership

Financial Strategy

Project Management

Data Analytics

Education

University Degree in Finance, Economics, Business

CPA Accounting Designation

MBA

PMP

Job description

What we offer

In addition to a competitive salary and a rewarding career where you can truly make a difference, we offer a comprehensive package that meets the various needs of our diverse employees, including:

• Ability to participate in inclusive employee-led networks to educate, inspire, amplify voices, build relationships and provide development opportunities;
• Minimum four (4) weeks of paid annual vacation days, increasing with years of service;
• Four (4) paid personal days;
• Defined benefit pension plan with OMERS, includes 100-per-cent employer matching;
• Health and dental benefits, including a health spending account available upon your start date;
• Employee and family assistance program;
• Maternity and parental leave top up (93% of base salary);
• Training and development programs including tuition reimbursement of $1500 per calendar year;
• Fitness membership discount.

This job offers the opportunity to work from home as part of a hybrid work arrangement. This arrangement will allow you to work some days at a TCHC work location and the rest of the time from home. The amount of time required to work at a TCHC work location is flexible, while considering operational and service delivery requirements.

Make a difference

The Senior Manager, Financial Strategy & Initiatives is a critical strategic leadership role directly supporting the Chief Financial Officer & Treasurer in setting corporate finance objectives, priorities, and policy direction, and advancing this through corporate coordination and implementation activities.

This role will provide strategic finance advice/guidance in the development, design, and execution of corporate financial transformation initiatives, and ongoing coordination and program/project management. As an ‘integrator’ this role will connect and coordinate work streams, issues, and requests that would otherwise remain disconnected or siloed, and act as a ‘communicator’ linking the direction of the leadership team and the broader organization with simple and clear messaging.

What you'll do

Long Range Financial Sustainability Plan & Asset Management Strategy:

• Key contributor to the development and implementation of long-range financial sustainability plan and asset management strategy focusing on corporate priority initiatives, strategic transformation projects, and functional policies/programs that promote desired outcomes for the business divisions and the organization.
• Supports the service area in the organization-wide long-range planning and annual strategic planning processes by implementing and evaluating the financial aspect of the strategic and operational plans for the organization to respond to corporate initiatives, service improvements and evolving tenant needs.
• Development and implementation of viable financial strategies to supports cross-functional, or multi-divisional strategic projects to achieve the corporate vision and assemble and manage tools/resources necessary to support transformation and complex program delivery.
• Ensures key corporate initiatives including Development, SOGR and operational priorities are driven with clearly defined funding/financing strategy, performance management accountability, recommendations for areas of improvement, appropriate financial oversight and informed through data analytics
• Supports key fiscal relationships with external stakeholders including City of Toronto as our Shareholder, other levels of government and municipalities, peer NPO housing providers, industries and businesses to build resources, collaborate on business improvement, coordinate delivery of complex programs and initiatives, drive resolution of high impact issues, and influence change.

Support CFO to enhance fiscal governance & Stewardship:

• Leads key deliverables including the financial impact of the reports to Board/Committee, City and external stakeholders on behalf of the CFO, and development of strategic materials such as financial modelling, annual budget presentations and briefing notes as required.
• Support CFO to facilitate Financial oversight and appropriate fiscal governance mechanisms, including considerations related to financial risk assessments, operational policies related to staffing, job roles and budgetary changes, compliance, and audits.

Continue to improve Organizational Financial Performance:

• Contributes to the continuous improvement of organizational financial performance through analysis and the development and implementation of sound financial management practices and procedures, internal controls, provides program management staff with direction and guidance, processes and tools to increase efficiencies and improve effectiveness of services.
• Define Corporate financial performance measurement KPIs and ensure that the broader organization’s strategic goals and implementation plans are accomplished through reviewing the corporate and divisional decisions, develop performance dashboard and data analytics
• Provides insight and leads integration and collaboration in facilitating the financial aspect of any program/project reviews across the organization with various stakeholders to understand unique business requirements and to deliver coordinated, organization-wide change, contributing to the effective use of human/fiscal/IT assets and services that will lead to service efficiencies and optimization of resources.
• Provides guidance and formulates recommendations to the CFO to ensure processes, systems and structures are appropriately deployed to foster effective delivery of projects and oversight.

Customer Service, Talent Management & Teamwork:

• Support the CFO to ensure coordination of activities, priority setting and performance management within the Finance Division
• Motivates a diverse workforce, ensures effective teamwork, provides resolution to controversial labour relations issues, ensures high standards of work quality and organizational performance, continuous learning and encourages innovation in others.
• Leads an integrative approach, promotes and fosters collaboration and builds highly effective, constructive and consultative relationships with the teams across all the divisions
• Fosters the development of an organizational culture that focuses on delivering exceptional customer service, embraces diversity and promotes inclusiveness and equality at every opportunity

What you’ll need

• 7-10 years of progressive/management experience with a focus on corporate financial strategy, finance transformation initiatives, and cross-divisional project/program management (Preferred: 10+ years in senior management role with corporate financial strategy, finance transformation initiatives in complex real estate organization (2000+ staff) with experience in managing large and complex budgets)
• University Degree in Finance, Economics, Business or related field, and
• CPA Accounting Designation
• MBA and PMP would be assets

Please note: As part of the hiring process, applicants will be asked to complete a credit and criminal background check.

What’s next

Once you apply, we’ll review your resume and contact you if we believe your skills and experience will make you successful in the role. If you are selected to move forward, the process will include one or more interviews and/or assessments and reference checks.

INDS