Director, Financial Operations & Procurement - Financial Services and Planning - FT Admin

Find Your Spot at Humber At Humber, our career paths open up a world of infinite possibilities for you to explore. People are at the heart of the Humber experience. Here, every day we work shoulder to shoulder to deliver excellence, and in doing so, we redefine what it means to be a leader in polytechnic education. Humber employees are a diverse group of committed, caring and fun-loving people. We take finding and growing the right talent very seriously. We strive to find and nurture extraordinary employees who bring their best each day. If you are interested in working in higher education and are looking to contribute to the largest Polytechnic in Ontario, as we shape the future of our students and communities, here is your opportunity to join our team. Job Details Position Title: Director, Financial Operations & Procurement Status: FT Admin Hours: 37.5 hours per week Faculty/Department: Financial Services Campus/Location: North Campus ; minimum 4 days in office and 1 hybrid day Minimum Starting Salary: $165,258; starting salaries are determined based on qualifications and years of related experience . About Director, Financial Operations & Procurement Position Under the general direction of the Vice President, Administration and CFO, the Director, Financial Operations & Procurement is responsible for the stewardship of financial resources of Humber Polytechnic and the provision of effective financial services related to, but not necessarily limited to: Providing counsel to the Executive Team on financial matters; Monthly reconciliation , external , Ministry (year-end and mid-year) and CRA charity reporting; Internal controls and external audits; Financial systems and related processes; Accounts payable, accounts receivable and collections; Purchasing services and strategic procurement; Investment management, cash management and cash flow forecasting; Capital project and asset tracking, forecasting and cash requirement management; Charitable and restricted funds management; Overall Financial Services day-to-day operations. This position may be required to act on behalf of the Vice President in their absence. Administer & provide leadership for the staff & operations of the Financial Services Department : Sets Financial Services goals aligned with the College Strategic and Business Plan , for recommendation to the Vice President, Administration and CFO; Leads, develops and evaluates staff, and oversees contractors and part-time staff; Establishes risk management and mitigation strategies for all departmental services; Negotiates service provider contracts and implements best practices for continuous improvement. Financial Services Oversees Accounts Payable, Accounts Receivable and Collections, Purchasing, Banking and Investment, Financial Reporting and Financial System access; Develops and enforces College financial policies and procedures, recommending updates where warranted; Oversees monthly reconciliations, statutory statements, and Board, year-end, audit and Ministry reporting; Tracks College fixed assets and sets capital depreciation policies; Identifies financial risks and opportunities, and uses performance benchmarks to drive improvements and meet Strategic Mandate Agreement goals. Investment And Cash Management Manages cash flow within affordability and invests surplus funds per the College investment policy and Board direction; Reviews forecasts and performance quarterly with Investment Managers, and cash flow needs with Financial Planning; Maintains the College’s Investment Guideline with MCU Banking. Management Team Participation Acts as a signing officer for college banking and investment instruments; Advises the Vice President, Administration and CFO , Senior Management and College management groups on fiscal and operational matters ; Helps develop and monitor departmental plans, and fosters teamwork and positive relationships with staff, peers and customers; Serves on committees as assigned. Financial System Le…

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