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Marvel Recruiters Inc
Finance ManagerMarvel Recruiters Inc • Toronto, ON, Canada
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Finance Manager

Finance Manager

Marvel Recruiters Inc • Toronto, ON, Canada
30+ days ago
Salary
CA$80,000.00 yearly
Job type
  • Full-time
  • Quick Apply
Job description

Position Overview

The Finance Manager is responsible for leading the full finance function within a multi-program, fund-based nonprofit organization. This role combines financial oversight, reporting, compliance, and audit coordination with hands-on involvement in key accounting areas.

The Finance Manager will act as the primary finance lead, overseeing the work of a Bookkeeper (AP/AR and basic records) while ensuring accuracy, completeness, and timeliness of all financial information.


Key Responsibilities

1. Financial Oversight & Close Management

  • Oversee and execute month-end and year-end close processes
  • Review journal entries, reconciliations, and financial records prepared by the Bookkeeper
  • Maintain general ledger integrity and ensure accurate financial data
  • Step in on complex accounting areas as required

2. Fund Accounting & Compliance

  • Manage accounting across multiple programs and restricted funding streams
  • Ensure appropriate revenue recognition and expense allocation by fund/program
  • Maintain compliance with funder and regulatory requirements (Ontario Health, Ministry of Health, City of Toronto, CRA, etc.)
  • Oversee deferred revenue, restricted contributions, and capital funding tracking

3. Financial Reporting

  • Prepare monthly, quarterly, and annual financial statements
  • Develop variance analysis and internal management reports
  • Support Board and Finance Committee reporting
  • Ensure consistency and reliability of all financial outputs

4. Audit & External Reporting

  • Lead audit preparation, including working papers and supporting schedules
  • Act as the primary liaison with external auditors
  • Coordinate audit timelines and deliverables
  • Oversee completion of funder and regulatory filings (e.g., T3010, AIR, MIS reporting)

5. Budgeting & Forecasting

  • Support development of annual budgets across programs
  • Monitor financial performance and investigate variances
  • Prepare and maintain cash flow forecasts
  • Provide financial insights to support leadership decision-making

6. Process, Controls & Supervision

  • Supervise and review the work of the Bookkeeper (AP/AR, basic accounting)
  • Establish and maintain internal controls and finance policies
  • Document and improve finance processes and SOPs
  • Identify system and process improvement opportunities (e.g., QBO optimization)


Working Relationships

Reports to: Executive Director / Senior Leadership

Oversees: Bookkeeper (AP/AR and basic accounting)

Works with: Program Managers, Board / Finance Committee

External stakeholders: Auditors, funders, regulators

Qualifications & Experience

  • CPA designation (or near completion) preferred
  • 5–8+ years of progressive accounting/finance experience
  • Experience in nonprofit / fund accounting strongly preferred
  • Experience supervising junior accounting staff or bookkeepers
  • Strong experience with audit coordination and financial reporting

Core Competencies

  • Strong technical accounting and review capability
  • Ability to balance oversight and hands-on execution
  • High ownership and accountability in a lean environment
  • Strong attention to detail and analytical skills
  • Effective communication with both financial and non-financial stakeholder

Compensation

Salary Range: $80,000 – $90,000 annually

(Commensurate with experience and nonprofit sector alignment)

Important Role Note

This is a lean finance structure. While transactional accounting support is available, the Finance Manager is responsible for review, oversight, and ownership of the full finance function, including audit, reporting, and compliance.

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Finance Manager • Toronto, ON, Canada

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