Director of Finance
Old Toronto, ON, Canada
$ 125.000 - 150.000
About the Company
Our client has built a reputation around time honored traditions, exemplary service, and unrivalled athletics programs for all ages and abilities, including tennis, badminton, water sports, fitness, swimming, basketball, pickleball, and more. Our unique private club experience includes a full-service marina, a variety of dining options, a picturesque setting for wedding and events, as well as golf, skiing, and reciprocal club privileges around the world.
Why Work Here
Collaborative management and friendly environment
Long tenured staff
Inclusive and pleasant work environment
Education & Professional Development Assistance
Extensive medical and dental benefits for Employees and their families
Employee Health & Wellness Program
Meal Plan
Bonus
Bike Share TO
Night Transportation Assistance
Complimentary Parking (subject to availability)
1 Free meal per day
About the Opportunity
This is the senior Financial job in a large athletic Club. Typically supervises employees in a full range of functions such as Accounts Payable, Member Accounts Administrator, Purchasing, and Payroll
Provide mentoring, coaching, and regular feedback to help manage conflict, and improve and recognize team member performance Mediating conflict, actively identifying and correcting breaches in house rules, assisting with questions, and managing emergencies
The Director of Finance is a critical link between financial management and the Club’s strategic direction, ensuring that financial decisions are aligned with the long-term vision and goals of the Club
Use financial analysis, data trends and market information to anticipate needs, identify operating/financial issues, and recommend actions to maximize the financial stability of the Club
Create the annual operating and capital budgets for the Club in coordination with various Club committees, departments, and the General Manager, and provide analytical support during budget reviews to identify cost-saving and productivity opportunities for department heads
Maximize cash flow performance of the Club through controls on inventory, credit and collection, disbursements, deposits and remittances
Evaluate potential investments and capital allocation decisions in accordance with the strategic priorities, seeking opportunities that contribute to long-term growth and profitability of the Club
Identify and assess financial risks that may affect the execution of the strategic plan. Develop strategies to mitigate these risks and ensure the organization's financial stability
Develop and track financial performance metrics and key performance indicators (KPIs) that directly relate to the achievement of strategic objectives
Develop and implement financial control procedures and systems; maintain records for internal audits; ensure compliance with government regulations and contractual agreements
Direct and verify the taking of various inventories at the Club i.e. beverages, food supplies, equipment, and furnishings
Prepares the accounting reports as necessary and as requested by the General Manager, the Board of Directors and other Club management or committees
Manage Club contracts (example: vendor leases and/or service contracts)
Monthly trial balances and result financial statements for the Club, along with required supporting schedules and other data necessary for financial reports and records
Maintain Club insurance records
Performs special assignments and completes reasonable tasks or duties as assigned by the General Manager
About You
CPA
Bachelor’s degree or higher in Finance or Accounting
Experience in the Private Club and Not-for-Profit Industry preferred.
Solid understanding of GAAP and Not-for-Profit Accounting
At least 5 years of senior level or management experience directly related to the duties and responsibilities specified.
Proficient in Canadian financial laws, tax regulations, and compliance requirements.
Salary Range
$135,000 - $150,000/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 #407035.
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.
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