Financial Controller

About Temple Sinai Congregation of Toronto

Temple Sinai is a leading Canadian Reform Jewish congregation with a rich history of responding to both tradition and modernity in our religious and spiritual expression. We pursue meaningful opportunities for personal growth and family fulfillment at every stage of life through belonging, learning, prayer and ritual, and acts of service for our congregation and community, our city and country, the Reform movement, Israel and all the world.

About the Position

This position reports to the Executive Director and works closely with the Treasurer. The Financial Controller will provide daily management of the finance team and all aspects of the full accounting cycle for the Temple. The Financial Controller works with and supports departmental directors and the Senior Leadership Team in their analytical needs in actual/budget/forecast reviews.

Accountabilities / Functional Duties

• Accountable for complete, accurate and timely month-end and year-end financial close for Temple Sinai, including Board Meeting decks.
• Ensuring compliance with Accounting Standards for Not-for-Profit Organizations (ASNPO) and researching accounting issues that arise providing insights and guidance under ASNPO.
• Monthly analysis of financial information and liaise with the other members of the organization to obtain explanations and resolve queries.
• Coordination of year-end audit, including preparation of annual financial statements with working papers and supporting schedules.
• Establish and maintain a standard financial reporting process with formal referenced working papers and checklists that support the monthly financial statements and Board reports; incorporating the search for and rollout of a new financial system (including software).
• Preparation of the monthly financial report for Board Meetings.
• Responsible for the preparation of financial materials for the Budget and Finance Committee as required.
• Responsible for the preparation and reporting of the annual budget and ongoing forecast process, ensuring deadlines are met.
• Help streamline and enhance the budgeting and forecasting process by designing and implementing new processes and tools.
• Ensure that the legal entity, regulatory, funder, government reporting, and compliance are completed and filed within required deadlines.
• Responsible for performance management, staff development, and goal setting of the finance team.
• Prepare and maintain the biweekly payroll and the coordination of the administration and management of employee benefits and compensation design.

Qualifications and Key Competencies

• Experience with an NFP (in industry or an accounting firm), a designation would be an additional benefit, but not mandatory.
• Minimum 5 years’ experience.
• Direct experience in preparing financial statements and leading the year-end financial audit process.
• A clear understanding of financial systems, internal controls, and financial processes.
• Proven analytical skills and attention to detail.
• Strong understanding and application of ASNPO standards.
• Commitment to deadlines while ensuring accuracy and completeness of the information.
• Self-motivated, proactive to identify and implement changes to improve efficiency and accuracy.
• Ability to work in a fast-paced, dynamic environment.
• Strong written and verbal communication skills.
• An asset to have previous experience doing HR tasks, such as payroll.

Please send a resume and cover letter to Sheri Federman at [email protected] no later than April 30, 2024.