Director, Finance

Scarborough Health Network is a leading community teaching health network, consisting of three hospitals and eight satellite sites in Scarborough, one of the most diverse communities in Canada. Our Foundation works with generous donors, volunteers and community members to raise funds for state-of-the-art infrastructure and medical technology to support the hospital’s mission to improve lives through exceptional care.

SHN Foundation is raising the profile of our hospitals through the Love, Scarborough marketing and fundraising campaign. The extraordinary success of Love, Scarborough has helped generate mass awareness, has inspired transformational gifts, and has shown needed attention onto healthcare inequity and gaps in Scarborough. The Foundation has seen tremendous growth all around (staff, events, donations, media coverage, partnership, etc.). It’s an exciting time to join the organization as we continue to build upon this momentum!

Find out more about this compelling campaign by visiting lovescarborough.ca.

Job Description:

Scarborough Health Network Foundation (SHN Foundation)

Scarborough Health Network Foundation:

Situated in one of the most diverse communities in Canada, Scarborough Health Network Foundation (SHN Foundation) inspires the support necessary to improve patients’ lives through exceptional care at Scarborough Health Network across three hospitals and eight satellite sites. Since its inception, the Foundation has worked with generous donors, volunteers, and community members to raise funds needed to build state-of-the-art infrastructure and purchase the latest medical technology, supporting SHN’s vision to be Canada’s leading community teaching health network.

SHN Foundation has launched its $100 million fundraising campaign to support expanded emergency departments, integrated communities of care, accessible medical imaging and barrier-free mental health care.

Our first ever mass marketing campaign, titled Love, Scarborough, aims to close Toronto's health care gap by driving donations not just from Scarborough, but across the GTA. The integrated campaign can be found on TV, radio, cinema, print, and online. Find out more about this compelling campaign by visiting www.lovescarborough.ca.

Role Overview:

Reporting to the Vice President, Finance & Operations, the Director, Finance oversees the core finance functions at our growing organization. The Director, Finance provides operational leadership to the finance function, ensuring sound financial stewardship, transparency, and accountability in support of the Foundation’s mission and fundraising objectives. The Director leads, coaches, and develops a high‑performing finance team, with accountability for talent development, performance management, and succession planning within the function. The Director collaborates closely with senior leaders across the Foundation, hospital partners, and external stakeholders to support organizational strategy, stewardship of funds, risk management, and informed decision‑making.

The role requires strong cross‑functional leadership, professional judgment, and a strong understanding of the healthcare and charitable funding environment to ensure financial practices support sustainability, compliance, and the Foundation’s reputation for integrity and accountability. The successful candidate will be responsible for performing routine accounting functions (such as the typical financial month-end close) and preparing financial reports that are insightful and timely. This role is accountable for all compliance-related functions, including audit, grant filings, charity return, and HST rebates. The Controller will also foster exceptional relationships with the hospital to facilitate impactful grants towards the hospital’s priorities.

The Director, Finance must have an attitude for continuous improvement as a key responsibility will be evaluating areas for both automation and policy/process improvement. This position also requires a high level of diplomacy and interpersonal skills to convey and enforce policies and procedures. Our organization is growing and there is opportunity for the scope of this role to expand for those looking to develop new or broader skills. You will have a tremendous impact on the delivery of health care to the Scarborough community.

Responsibilities:

Oversee bi-weekly accounts payable, including processing of cheque run and online bank payments Perform end-to-end month-end accounting close:

• Monthly revenue reconciliation and transfer from Raiser’s Edge (subledger) to Financial Edge (ledger)
• Monthly bank review, input of charges, and reconciliation
• Processing of routine accounting entries (depreciation, accruals, bank fees, etc.)
• Preparation of monthly schedules (fixed asset continuity, prepaid continuity, etc.)
• Monthly investment return entry and reconciliation to investment portfolio statements
• Monthly input of hospital charges and reconciliation to supporting documentation
• Running of monthly financial statements and other reports, including distribution to recipients
• Conducting analytics on financial results, including variance analysis and reviewing for reasonability
• Performing standard ledger and other control checks
• Balance sheet reconciliations

Actively conduct maintenance of financial systems (such as chart of accounts, data tables, integration coding between Raiser’s Edge and Financial Edge) Prepare financial reports and executive summaries for a variety of audiences, including board, senior management, hospital, regulators, and donors Support annual budget preparation by preparing templates, uploading data into financial system, running reports, and providing thoughtful analysis/insights Partner with the hospital to efficiently grant monies to priority areas; review and advise on grant applications, maintain schedule of fund balances, answer grantee questions on available funds and grant process Manage HST compliance, including filing the bi-annual HST rebate return Lead annual audit, keeping audit on schedule and providing auditors with quality supporting documents Compile and file the annual charity return, ensuring quality reporting and adherence to CRA guidelines Train Foundation staff on Finance policies, systems, and processes Periodically review existing policies for revision, identify areas where additional policy guidance would be beneficial, and draft recommendations into existing and/or new policies Propose and/or implement process improvements to accounting procedures, with a focus on automation Develop enhanced reports on the Foundation’s Power BI platform and proliferate usage across the organization

Qualifications:

• Minimum 10 years of progressive experience in accounting and finance
• Expertise in not-for-profit accounting standards and CRA charity regulations
• A strong work ethic and highly attentive to detail
• Experience in all aspects of accounting principles and practices
• Experience with accounting at a charity or not-for-profit organization is a must
• Familiarity with Blackbaud systems, both Raiser’s Edge and Financial Edge
• Advanced Excel proficiency required, with extensive experience using complex formulas and functions
• Previous utilization of Power BI is an advantage
• Have initiative and self-direction, and the ability to work with minimal supervision
• Handle people with sensitivity, confidentiality, tact and diplomacy
• Advanced interpersonal skills to diplomatically enforce policies and procedures
• Flexibility of hours is required during month-end or audit cycles

Education:

• CPA designation is a requirement
• Post-secondary education or equivalent combination of education and relevant work experience

This opportunity is posted to support the recruitment of an existing vacant position.

Accommodation and Diversity Statement:
Scarborough Health Network (SHN) embraces and celebrates our community’s unique multicultural heritage and diversity. SHN is an equal opportunity employer, dedicated to a culture of inclusiveness and diversity reflecting our diverse patients, staff and community alike.

We are committed to fostering an environment of equity and inclusivity where every person can work and receive care safely, openly and honestly. All qualified applicants will receive consideration for employment without regard to race, colour, religion, gender, gender identity or expression, sexual orientation, nation of origin, genetics, disability, age, veteran status, marital or family status, belief system, or other factors related to one’s personal identity and/or values.

We are committed to providing barrier-free and accessible employment practices in compliance with the Accessibility for Ontarians with Disabilities Act (AODA). Should you require accommodation through any stage of the recruitment process, please make them known when contacted and we will work with you to meet your needs.

Learn more about our exciting opportunities by following SHNCareers on Instagram, Twitter, and Facebook.