Position Summary:
The job holder will oversee all financial aspects of our organization and will be a member of the Management Team. They will play a crucial role in ensuring our ministry's financial health and sustainability as we continue to expand our impact across Canada. The ideal candidate will possess a strong background in finance, exceptional administration skills, and a passion for our mission and vision. They will maintain accurate and timely general ledgers, perform specialized accounting assignments that are usually highly involved and confidential, obtain, analyze, and consolidate multiple department information, prepare reports and statements, and manage various office administration responsibilities.
Accounting Functions:
- Responsible for the accurate accounting, recording, and reporting of financial activity relating to Our Daily Bread Ministries Canada.
- Oversee day-to-day financial operations, including accounts payable, accounts receivable, payroll, and cash management.
- Ensure adherence to the financial controls established by Our Daily Bread Ministries Canada to safeguard assets and mitigate financial risks.
- Conduct periodic reviews and audits to ensure adherence to policies and procedures.
- Analyze financial data to present reports and strategic recommendations to the Management Team and board of directors, providing insights into the organization’s financial health and performance.
- Collaborate with senior management to develop annual budgets and long-term financial strategies that support organizational growth and sustainability in line with the organization’s mission and objectives.
- Maintain financial models, forecasts, and budgets to support strategic decision-making.
- Identify trends, perform cost-benefit analysis, and recommend improvements to enhance profitability.
- Review deposit totals and compare with CRM member activity, review invoices before payment, and review credit card transactions for proper allocations.
- Preparation of G/L, trial balance, and other supporting work papers/documents for the annual audit and working with auditors through the entire process each year.
- Serve as the primary contact for the external auditors during the annual audit.
- Prepare accurate monthly, quarterly, and annual financial reports and statements.
- Reconcile bank accounts monthly along with debit/credit/electronic donations.
- Prepare and post month-end journal entries.
- Ensure compliance with relevant financial regulations, tax laws, and accounting standards.
- Prepare and file appropriate governmental reports, tax payments, and PSB rebates.
- Stay current on federal, provincial, and local labour laws, tax regulations, and payroll-related compliance requirements.
- Ensure accurate and timely payroll processing for all employees, including regular staff, contractors, and consultants.
- Oversee payroll software or systems for processing payroll, ensuring they are efficient, reliable, confidential, secure, and compliant with organizational needs and regulatory requirements.
Administrative Functions:
- Ensure compliance with relevant financial regulations, tax laws, and accounting standards.
- Prepare and file appropriate governmental reports, tax payments, and PSB rebates.
- Maintenance of fixed assets.
- Manage grant funding, including (but not limited to) proposal development, budgeting, reporting and compliance with grant requirements.
- Develop and maintain the ODBMC legacy fund program.
- Maintain and file all government-required corporate documents and records.
Study or Knowledge and Experience
- A graduate degree in accounting is required.
- Seven to ten years’ experience in the accounting field, including three years’ experience in a similar position of financial responsibility. Experience with public accounting offices is an asset.
- Experience managing audits and ensuring compliance with regulatory requirements.
- Experience using financial systems like Blackbaud Financial Edge, etc. Includes: 1) Fluent in the use and function of systems; 2) Able to run and analyze data, and 3) Assist other staff with operating these systems.
- Experience in preparing financial statements, budgets, forecasts, and grant reporting. Knowledge of GAAP (Generally Accepted Accounting Principles).
- Strong analytical skills with the ability to interpret financial data, analyze trends, and provide insights to support decision-making.
- Knowledge of Microsoft Office, including extensive knowledge of Microsoft Excel and Word.
- Excellent communication skills, both written and verbal, with the ability to present financial information effectively to diverse stakeholders.
- Ability to adapt to changing priorities and work in a fast-paced environment.
- Strong problem-solving skills and the ability to identify and address financial challenges proactively.
- Able to work independently and make decisions.
- Good interpersonal skills; self-motivated.
- Understanding of Canadian non-profit law and charity requirements
- Strive to live a life consistent with Biblical principles and demonstrate continued growth and spiritual development.
Internal Work Environment:
- Involves complex communication with individuals/groups throughout the organization. Clear and concise communication is essential.
- Must be capable of diplomatic partnership communication with all ministry team(s) and affiliated offices globally.
- Maintain confidentiality and sensitivity in all matters.
External Work Environment
- Communication consists of auditors, vendors, CRA/tax authorities, bank and investment representatives, etc.
- Topics are often complex and sensitive.
- Travel to USA required. Potential travel to affiliate offices in other countries.
Stewardship of Resources
- Responsible for the accuracy, completeness and consistency of accounting information entered into the accounting system. The accuracy of this information has a significant influence on departmental/organizational financial decision-making.
- Reviews the appropriateness of expenditures and is responsible for coordinating the presentation of our combined financial statement and tax returns.
Miscellaneous notes for consideration:
- Work in a secure environment which requires a background check and police clearance as a part of the employment contract. A confidentiality agreement is also required to conform to privacy policies.
- Should be comfortable with their faith and biblical knowledge.
Our Daily Bread Ministries Canada is a Christian religious ministry that primarily serves the interests of Christians who wish to bring the good news of Jesus Christ to Christians and non-Christians. An express occupational requirement for all employees is that they both abide by and are able and willing to promote the Christian faith as expressed in the employee manual as an integral part of their duties. Our Daily Bread Ministries Canada is a Bible Engagement ministry faithful to biblical principles, our statement of faith and the richness of our organization’s history. Our commitment to diversity reflects our ministry’s mission, vision, values, and ethos.
November 2024
Job Types: Full-time, Permanent
Pay: $55,000.00-$75,000.00 per year
Benefits:
- Dental care
- Extended health care
- Paid time off
- RRSP match
- Vision care
Flexible language requirement:
Schedule:
Application question(s):
- An express occupational requirement for all employees is that they both abide by and are able and willing to promote the Christian faith as expressed in the employee manual as an integral part of their duties. Based on Biblical principles, all employees must agree with and sign our statement of faith. Would you be willing to sign and be held accountable to the Statement of Faith?
Work Location: In person
