Chief Financial Officer

3 weeks ago


London, Greater London, United Kingdom Victoria Conservatory of Music Full time

Overview

The Victoria Conservatory of Music is seeking a highly skilled Chief Financial Officer to join its executive team. As a key member of the organization, this individual will be responsible for implementing the organization's financial strategic goals and ensuring the effective management of administrative and financial operations.

Key Responsibilities:

  • Financial Planning
  • Assist in formulating the organization's future direction and supporting tactical initiatives.
  • Monitor and direct the implementation of financial strategic business plans.
  • Manage the budgeting processes, including working with all other department heads.

Operations Management

  • Participate in key decisions as a member of the Senior Management Committee.
  • Manage the accounting, investment, registration, library, and human resource areas of the organization.
  • Oversee the company's transaction processing systems and ensure accuracy and best-use of the customer-facing registration software.
  • Implement operational best practices.

Financial Management

  • Assist in completing accounting entries and preparation of accounts receivable entries and invoices for transactions other than those relating to student registrations.
  • Review and approve all payments, payables, and payroll.
  • Monitor cash balances, cash forecasts, and manage debt requirements.
  • Perform month-end reconciling of all asset and liability General Ledger accounts.
  • Monitor invested funds, in particular the Endowment Funds.
  • Prepare department and activity internal reports.
  • Prepare grant budgets, monitor grant usage, and prepare follow up reports.
  • Report financial results to the Board of Directors.
  • Prepare annual financial statements.
  • Complete and file quarterly GST/HST returns and rebates and the annual T3010 with CRA.

Qualifications and Requirements

The ideal candidate brings enthusiasm and a desire to make a difference in a not-for-profit organization. The candidate should have a degree in accounting or business administration, or equivalent business experience and 5 years of progressively responsible experience. Preference may be given to candidates with a professional accounting designation. Ideally, the candidate has experience working with an executive team and a board of directors. The candidate will possess a high level of written and oral communication skills, have experience managing people, and have excellent MS-Excel skills and a keen attention to detail.

Compensation and Benefits

Annual salary range: $115,000-$125,000, plus paid annual leave, plus a paid week during an institutional closure for the December holidays. Health and retirement benefits include an RSP group program at BMO with matching contributions up to 5% of salary.


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