Backend developer Jobs in Scarborough, ON

About the Company

Our client is one of the leading social assistance organizations in the country. They are looking for a Manager, Treasury & Accounting who will be responsible for maintaining accurate forecasts, investment portfolio analysis and supporting key treasury administrative functions like procure to pay, property acquisition payments, endowment management. Reporting to our Director of Corporate Finance, this position is also responsible for supervising a team of direct reports and acting as a trusted advisor to operating units, regional teams, and leadership.

Why Work Here

• Excellent work-life-balance, organization takes care of its employees with lots of vacation, nature days, extra holidays above stat holidays and strong benefits package.

About the Opportunity

• Oversee liquidity management. Review daily cash requirements, plan cashflow, invest-divest from short term accounts and report on weekly cash movements and recommend short term investments
• Lead and report the forecast of the company’s cash position, calculate liquidity metrics, and LT endowment capacity (LTEC) position to inform and optimize funding strategy decisions.
• Manage foreign exchange conversions (US funds) when required.
• Ensure all bank accounts are reconciled in a timely manner.
• Ensure timely recording of movements in the TBLCF internal loan fund, monthly reporting, forecasting and drafting quarterly reporting of the fund and prepare working papers and draft notes for annual reporting of the liquidity and the internal loan fund.
• Oversee our procure-to-pay function including purchase orders, Concur, Apex, US Bank VISA and credit card management. Ensure that all approved accounts payable transactions in Concur systems are transferred to the financial systems for payments.
• Ensure all property related deposits, interim and final payments, and contributions to third parties are disbursed in line with contractual obligations.
• Review bi-weekly payments file and approve payments to authorized levels.
• Ensure the accounts payable ledger is regularly reconciled with the general ledger and appropriate working papers and reporting is completed for the annual audit.
• Oversee gift of securities through discount bank brokerage account.
• Oversee timely and accurate processing of direct revenue in Financial Edge to ensure entries are recorded per GAAP, the company’s policies and CRA regulations.
• Exercise judgement to identify, diagnose and review land, endowment and internal and external loan related entries and payments. Ensure external and internal loan drawdowns and repayments are completed in a timely manner. Provide specialized consulting, analytical and technical support.
• Monitor and track investment transactions are completed, ensure timely disbursements for private equity capital calls, semi-annually draw spending allocations.
• Ensure all endowment related transactions are reconciled, between categories, and recorded in the endowment software regularly, endowments mutualized quarterly, and all transactions are timely and accurately recorded in the ERP.
• Draft reporting for the investment committee and provide recommendations to leadership on trending issues and effective management of the Investment Committee.
• Annually reconcile and report on changes to endowment funds by category and draft financial statement note related to investment and endowments.
• Responsible for external audit reporting requirements related to treasury and investment functions
• Develop and maintain expertise in all regulations, directives and guidance which apply to the Treasury group, including interpreting regulations and understanding emerging issues, ensure the company is compliant with restricted funds policies and external regulations.
• Build effective relationship with internal and external stakeholders including bankers and investment managers addressing their needs of providing services to the company.
• Oversee staff development, hiring and performance evaluations.
• Act as subject matter expert to identify opportunities to streamline process and address business issues in ERP implementations

About You

• Completed post-secondary education in a related field (i.e. commerce, finance, economics).
• Your CPA certification.
• 5+ years of relevant treasury and accounting experience including at least 2 year in a people manager role
• Strong financial modelling and data mining skills, understand endowment management, investment mutualization, and portfolio management.
• The ability to excel in a fast-paced environment with frequent changes and tight timeline demands.
• Proven yourself as an independent self-starter, who can also work effectively in a team-based environment.
• Excellent time management and organizational skills and the ability to manage conflicting priorities within structured deadlines and deliverables.
• Demonstrated your ability to think outside the box, recognize key risks, identify areas for improvement and strengthen the existing control environment. You know how to drive efficiencies and are analytically minded.
• Shown yourself to be an effective communicator and relationship builder and, can effectively manage priorities within structured deadlines and deliverables.
• Strong Microsoft Excel skills, proficient with Microsoft Word, PowerPoint, and also citizen developer tools like Power Apps and Power BI.

Salary Range

$95,000 - $103,000/year

How to Apply

Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.

When referencing this job, quote #303378

This position for employment is for a current vacancy with Vaco/Highspring’s client. You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.

Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company’s 401(k) retirement plan. Additional disclaimer: Unless otherwise noted in the job description, the position Vaco/Highspring is filing for is occupied. Please note, however, that Vaco/Highspring is regularly asked to provide talent to other organizations. By submitting to this position, you are agreeing to be included in our talent pool for future hiring for similarly qualified positions. Submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. Further assessment of candidates beyond this initial phase within Vaco/Highspring will be otherwise assessed by recruiters and hiring managers. Vaco/Highspring does not have knowledge of the tools used by its clients in making final hiring decisions and cannot opine on their use of AI products.

EEO Notice

Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com.

Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.

Representation Notice

By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

For residents of Ontario, Canada: Based on Highspring’s discussions with its Client, Highspring’s understanding is that this position for employment is a current vacancy (either through Highspring as a contractor or with the client directly).

Privacy Notice

Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies.

• California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
• Virginia residents may access our state specific policies here.
• Residents of all other states may access our policies here.
• Canadian residents may access our policies in English here and in French here.
• Residents of countries governed by GDPR may access our policies here.

Additionally, submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. More details about Vaco by Highspring’s use of AI can be found here (https://www.highspring.com/ai-use-notices/). Further assessment of candidates beyond this initial phase will be conducted by recruiters and hiring managers. Vaco by Highspring does not know and cannot opine on if its client’s use of AI products in hiring.

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:

• the individual’s skill sets, experience and training;
• licensure and certification requirements;
• office location and other geographic considerations;
• other business and organizational needs.

With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.