Director Operations Finance

Job title: Director Operations Finance

Company: Chartwell Retirement Residences

Job description: Interested in a career that makes a meaningful difference in the lives of others? One where you are valued and respected, listened to, and empowered to live up to your potential? If so, Chartwell Retirement Residences is the place for you.

We are always looking for empathetic, positive and passionate individuals committed to Making People’s Lives Better. With over 200 residences across Canada, we have an opportunity for you that will make a difference in your life.

Reporting to the Vice President Property Finance, the Director, Operations Finance will lead the Operations Finance team and is responsible for providing financial management and managerial expertise for Retirement residences, acting as the primary liaison for Joint Venture partners, Managed residences and Non-Controllable expenses (Payroll, Utilities, Property Taxes, Insurance, Pharmacy). Oversees the preparation of the monthly payroll, utility, property tax, insurance and pharmacy financial information, review of the monthly working paper files, and providing oversight of Joint Venture reporting and annual audits.

The responsibilities of the role include but are not limited to:

Leadership

Drive Operations Finance team members’ engagement through effective recruitment, training, coaching and career development

Act as Chartwell’s lead from the Finance team in all financial matters with Joint Venture partners by maintaining collaborative and effective relationship with key Finance team personnel and other contacts with Joint Venture partners

Provide guidance related to the training of General Managers/Administrators, Director Regional Operations/Director Regional Sales, Operational Consultants as it relates to financial processes.

Develop strong working relationships throughout all levels of the organization

Financial

Oversee financial reporting, including cashflow projections for Joint Venture & Managed properties

Oversee that monthly Non-Controllable expense journal entries, ensuring the completeness and accuracy of the financial information is completed on a timely and accurate basis

Review completion of all financial regulatory filings and audits with the health authorities and government agencies

Oversee review working papers and reconciliations summarizing and reporting on any risks, issues, or areas of concerns

Assist in the quarterly reviews and annual audits and Accountable for the coordination of Joint Venture and Managed annual audits

Take the lead in improving efficiencies and automation within the Operations Finance department

Budget

Provide oversight, working with Strategic Planning & Decision Support, Corporate, Property Finance, and Operations teams to ensure budgets are prepared accurately and on a timely basis for Joint Venture and Managed residences, including ensuring appropriate approvals from partners are obtained in a timely manner

Coordinate and prepare budget and forecast presentations for Joint Venture and Managed residences

Oversee the Non-Controllable budgets (payroll, utilities, property taxes, insurance) working collaboratively with the Operations Teams, Labour Relations, and Strategic Planning & Decision Support to ensure budgets are prepared accurately and on a timely basis

Review of the operating budgets for funded revenue

Preparation of Non-Controllable budget presentation

Regulatory Compliance

Coordinate and oversee operational financial regulatory, income tax, commodity tax and other filings for Joint Venture residences, working with Chartwell’s tax department

Coordinate and provide support to the Internal Controls team in managing the SOX compliance requirements for Joint Venture partners

Maintain systems of internal controls for areas of accountability and ensure documentation of such systems is kept up to date

Operational & Administrative

Overall responsibility for accuracy, consistency, and timeliness of financing reporting for Joint Venture partners, including, but not limited to:

Monthly financial statement and variance reports

Cash flow monitoring, reporting and projections

The ideal candidates will possess:

· Related industry experience (preferred)

· Required experience in financial management positions: 10+ years

· Required experience in accounting finance roles: 10+ years

· University degree (Business/Finance related)

· Professional accounting designation (CA, CGA, CMA) or equivalent work experience

· Strong knowledge of IFRS and Canadian GAAP (required).

· Knowledge of industry specific accounting principles (preferred).

· Strong knowledge of various provincial funding models and policies relating to provincial assisted living and Long Term Care health sector (required).

· Strong knowledge of Tenant Protection Act, OLTC Act and Program Manual and similar legislation in other jurisdictions, Strong computer skills – ERP Software, Microsoft Office (required).

· Strong written and verbal communication skills

· Ability to work in a fast-paced environment

· Self-motivated, creative and innovative

· Irregular hours may be required.

· Criminal reference check required

· Occasional travel may be required

· French/English Bilingualism (written and oral) preferred

Direct Reports

· Senior Accounting Manager

· Accounting Manager

· Accountant

To apply please email your CV/resume to careers@chartwell.com

Expected salary:

Location: Mississauga, ON

Job date: Sat, 19 Dec 2020 23:14:56 GMT