University Hospital Foundation Job Board
Director, Finance & Analysis
Description
Our Background
At the University Hospital Foundation (UHF or Foundation), we want to help people live longer, and better – especially those who would benefit from a new form of treatment, or life-saving surgery.
As agents of hope, we boldly seek solutions to seemingly insurmountable challenges, matching the determination and purpose-driven intensity of the healthcare teams we support.
In the past ten years, generous donations from individuals and our corporate and strategic partners have contributed nearly $220 million dollars to advance world-leading patient care at the University of Alberta Hospital, Mazankowski Alberta Heart Institute and Kaye Edmonton Clinic, as well as ground-breaking research at the University of Alberta.
Your Purpose
Reporting to the Chief Catalyst, Enabling Systems & Chief Financial Officer, the Director, Finance & Analysis is a strategic and forward-thinking finance professional responsible for the delivery of financial reporting and business intelligence that supports the University Hospital Foundation’s (the Foundation’s) strategic direction and operational requirements. As a member of the Foundation’s Integration Leadership Team (ILT), in addition to leading full cycle accounting processes, this role is responsible for supporting revenue generation activities, and leading donation services and risk management activities.
This role will ensure that the Foundation develops and executes sound financial strategies, implements proper internal controls, measures performance against organizational targets, and develops financial plans that support organizational strategy.
With a strategic, data-driven, and donor-centric approach always with a continuous improvement lens, this role plays a pivotal part in advancing the Foundation’s mission and is a strategic leader who demonstrates individual drive and an uncompromising desire to achieve exceptional results while exhibiting an outgoing, positive, group-win approach and a willingness to learn, teach and share.
Your Role
Leadership
- Lead and manage a team of financial professionals, providing guidance, coaching and professional development.
- Bring a confident voice to business-critical conversations and decisions by demonstrating financial expertise and acumen and presenting data-driven solutions to manage the Foundation’s operations.
- Work collaboratively with the ILT as required to meet Foundation goals and objectives and participate in strategic discussions.
- Foster an environment of continuous improvement across the Foundation.
Financial Oversight
- Oversee and manage all aspects of the Foundation’s financial systems including leading timely and accurate reporting on performance,
- Evaluate financial performance by measuring and analyzing results to financial targets identifying underlying reasons and reporting those variances to leaders to initiate corrective action.
- Facilitate the annual operational budgeting and planning process as well as quarterly forecasting.
- Design appropriate financial reporting systems and internal controls to safeguard the assets of the Foundation, ensure the integrity of financial data and balance efficient operating practices with those controls.
- Stay abreast of trends and regulations to develop, review, and revise financial and accounting policies and practices ensuring they align with CRA, GAAP, Imagine Canada or other requirements
- Manage and report on the Foundation’s investment portfolio, working collaboratively with external investment advisor and investment managers ensuring compliance with the Investment Policy Statement.
- Lead due diligence review and subsequent monitoring and reporting of any program related investment initiatives.
- Manage and oversee the annual audit process.
- Continuously improve processes and procedures to ensure the support of future programs and operations
- Provide financial support on new initiatives as required.
Business Intelligence and Reporting
- Provide timely and accurate analysis of actual results to budgets, financial trends, and forecasts.
- Collaborate with organizational leaders and stakeholders to ensure accurate use of data and analytics, recommend enhancements based on emerging trends within the not-for-profit sector and partner to develop new analytics and tools to further improve support to operations.
- Lead business intelligence (BI) resources across portfolios to drive the Foundation’s BI Plan.
- In conjunction with the Director, Donor Funds and Impact, lead reporting under the Performance Impact Management System (PIMS) to report on the Foundation’s impact and achievement toward strategic goals.
- Draft materials to be provided to committees of the Board of Trustees as required.
Revenue Generation and Donor Support
- Support revenue generation activities including financial leadership at events, compliance and reporting for lotteries and gaming, guidance and advice on charitable receipting requirements, and analysis of new revenue streams.
- Manage the Foundation’s CRM system to meet multiple stakeholder needs.
- Ensure mechanisms are in place to facilitate all methods of giving including in person, on-line, donation of securities, events and other as they arise.
- Lead estate management to support the planned giving revenue stream.
- Oversee timely donation services processing ensuring compliance with CRA requirements and facilitating a positive donor and partner experience.
- Collaborate with the Funding team to ensure appropriate use of donor funds.
Risk and Compliance Management
- Ensure compliance with legislation, governing bodies, accreditations and ensure regulatory filings are completed accurately and on time.
- Lead quarterly risk reporting and review across the leadership team.
- Review and place all insurance coverages including liaison with government agencies.
- Set, and ensure accountability to, risk management policies and practices for Full House Lottery.
- Manage all facility leases and landlord relationships.
- Implement effective contract management processes and compliance including legal review or coordination with outside counsel as needed.
- Oversee records management ensuring effective processes are in place across the Foundation.
- Ensure annual policy reviews for all Foundation policies including coordinating across portfolios.
Qualifications
Education:
- Successful completion of a formal accounting designation is required (CPA-CA, CPA-CMA; CPA-CGA).
- Post-secondary degree in business, finance, or a related discipline (MBA).
Experience:
- Minimum seven to ten (7-10) years progressive leadership experience in a complex financial environment.
- Related experience and knowledge of Canadian GAAP and practices as it relates to not-for-profits, internal controls and management accounting concepts, CRA guidelines and requirements, and AGLC rules and regulations with respect to lotteries and gaming.
- Experience leading AI, business intelligence or other technology implementations would be an asset.
Competencies:
- In-depth working knowledge of financial analysis, operational planning, budgeting, forecasting, investments, accounting principles, legal and risk management. Knowledge of accountability of funded projects, donation services, facilities and property management would be an asset.
- Strong business and technical acumen to understand ERP systems and work with technology experts (experience with Raiser’s and Financial Edge would be considered an asset.)
- Customer-centric and with a high level of focus on both internal and external stakeholders.
- Ability to identify, relate and compare data/information from numerous sources and identify underlying issues, problems and impact.
- Flexible and adaptable style; a leader who can positively impact both strategic and tactical philanthropic initiatives and promotes cross-functional collaboration.
- Excellent organizational and leadership skills including ability to manage multiple deadlines/projects.
- Outstanding written and verbal communication skills with ability to communicate at all levels and distill complex issues.
- Driven and takes initiative; independent; self-motivated.
A combination of education and experience will be considered.
What We Offer
We respect and value diversity and are proud to be an equal opportunity committed to building an inclusive environment for all applicants and team members.
As an outcome-focused organization, UHF offers a flexible hybrid work environment consisting of in person and remote work.
Apply Now to Make a Difference! Visit https://givetouhf.ca/careers, and attach your cover letter and resume into one PDF. We thank all candidates who apply; however, only those selected for an interview will be contacted. As part of our recruitment process, you required to complete a background check.
To learn more about us, visit our website at www.GiveToUHF.ca.