Director of Finance

The Atmospheric Fund - Toronto, ON (13 months ago)

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Youre an experienced finance manager or director who is looking for a mission-driven challenge. You want to leverage your hard-earned skills and insight to make a positive difference in your community, and the world.

We are The Atmospheric Fund ( and we have a 28-year track record of advancing innovative local solutions to climate change throughout the Greater Toronto & Hamilton Area. We demonstrate and de-risk new approaches to cutting carbon emissions and invest in projects and enterprises aligned with our mandate. We collaborate with many stakeholders, from world-class thought-leaders to people who implement change on the ground.

This is an impact focused and entrepreneurial non-profit company and our people are deeply committed to high standards of performance, accountability and sustainability. Is this the kind of place youre looking for?

Director of Finance

As our new Director of Finance, you will provide oversight and accountability for all financial and accounting practices and policies at TAF, maintaining the highest level of excellence, accountability and compliance.

As a cornerstone of our leadership team, youll craft and manage our annual budget, provide financial reporting to staff, Board and other stakeholders, oversee audits, support investment of TAFs endowments, and build out our long-term financial strategy.

Success in this role will require not only exceptional financial aptitude, but also strong leadership and communications skills, and the ability to manage small and large tasks concurrently.

Were looking for someone ready to bring a fresh perspective to an established organization. Someone who is keen to evaluate our current systems and services, and able to recommend and implement best practices that balance risks and opportunities.

Specifically, you will:
Lead, coach, and develop direct reports
Oversee day-to-day financial functions including accurate and timely AR/AP, bank reconciliations, tax and corporate filings, and distribution of payroll and benefits for employees
Develop policy for and undertake credit analysis and risk assessment of TAFs direct investments
Provide a full spectrum of financial analysis, strategic management, and reporting to internal and external stakeholders including the City of Toronto, Province of Ontario, TAF Board, auditors, business partners, funders and staff
Lead quarterly financial analysis and reporting
Track the performance of all investments and, along with third-party investment advisor, present to TAF Investment Committee
Undertake cash management, banking and reconciliations
Lead the audit process, including coordination with external auditors, and ensure a clean and timely presentation of annual audited financial statements
Lead development of TAFs annual budget in conjunction with CEO, senior management and City analyst
Identify and address gaps/needs and opportunities for improvement and best practices for financial management, endowment management, risk assessment, compliance and accountability
About The Atmospheric Fund

Our Mission: TAF invests in urban solutions to reduce greenhouse gas emissions and air pollution which benefits our health, our economy and the sustainability of our city. We achieve our mission by: listening to local communities and offering support through our community grants program; collaborating with a broad range of stakeholders; and financing entrepreneurs, developers, property owners and others who have energy efficiency and other low-carbon products, services and opportunities.

Our Vision: Climate-smart cities and region that functions within its environmental means and demonstrates urban low-carbon leadership on the global stage. Achieving the ambitious goal of carbon neutrality by 2050 will benefit everyone.

Were not your typical non-profit. TAF has three endowments (totaling $88 million) which we invest into marketable securities and projects aligned with our mission to generate our operating revenues. We are accountable to our Board of Directors as well as to the City of Toronto, Province of Ontario and Government of Canada (via the Federation of Canadian Municipalities).

Working @ The Atmospheric Fund:
This is a full-time, permanent position, offering a competitive salary for the non-profit sector (between $75,000 - $95,000, commensurate with experience), a very attractive benefits package, cash contribution towards RRSP, cell phone subsidy, and 3 weeks of vacation to start.

Were located in the heart of downtown Toronto (right behind City Hall), easily accessible via TTC.

TAF employees indicate many reasons they love working for us but the one thing they mention again and again is the quality, collegiality and motivation of our team; we are mission driven and together we get the job done.

Experience in a mid to senior level Finance/Accounting position, with proven expertise in accounting systems, budgeting, fund accounting, cash management, internal controls, and business planning
Direct experience in credit management
Experience with Canadian financial reporting guidelines for non-profits, GAAP, CRA regulations and guidelines, and Internal Controls over Financial Reporting (ICFR) including Bill 198
Previous experience leading and managing people
Ability to analyse financial data and prepare accurate and compelling financial reports and statements
Proven ability to identity opportunities for improvement, to mitigate business and risks, and drive excellence
Post-secondary education in Finance Accounting or Business
CPA, CA, CMA, CGA designation required

How to Apply:
Our online application will give you the option to apply to this role as a complete person not just a resume. The application will assess your qualifications, personality traits and workplace preferences, and should take 10 to 15 minutes to complete. After submitting, you'll receive an email inviting you to log in and view your assessment results.

Note: We care about your cover letter and want to see your best. We want to know why youre choosing TAF - be yourself and tell us why you want to work with us.

We strive to build a team that reflects the diversity of the community we work in and encourage applications from traditionally underrepresented groups such as women, visible minorities, Indigenous peoples, people identifying as LGBTQ2SI, veterans, and people with disabilities. If we can make this easier through accommodation in the recruitment process, please contact us using the Help button.

We will review applications, with priority given to those who have completed the assessment and look forward to hearing from you.