Finance Manager, Area X.O

FINANCE MANAGER, AREA X.O - AREA X.O

INVEST OTTAWA

The Finance Manager, Area X.O is responsible for the overall financial planning and analysis for the Area X.O team. This role focuses on the accuracy of expense reporting, revenue recognition and ensuring compliance with both internal and external financial controls and standards. This role leads the preparation and analysis of financial reports, supports cash flow, budgeting and forecasting for the team, and contributes to audit readiness. The Manager also acts as a key liaison for procurement policy and procedures, ensuring their effective application, while providing financial insights to support decision-making for team leads.  

Work Model:
Hybrid role requiring 10 in-office days per month, primarily at Area X.O with some time at Bayview Yards.

Corporate Pay Band D: $76,000 - $114,000

Hiring Salary Range: $76,000 - $104,500 (Segment 1- Segment 2) 
Reason for Opening: Backfilling a position. 

WHAT YOU WILL BE DOING 

Financial reporting and analysis

• Produce and analyze monthly, quarterly, and annual reporting packages for the Area X.O team


• Contribute to accurate and timely cash flow projections


• Review and approve journal entries and schedules specific to Area X.O activities and projects, including revenue recognition and cost allocations


• Apply GAAP and not-for-profit financial principles across a range of program contexts

Budgeting, forecasting, and funder reporting

• Work with team leads to collect the financial data behind annual budgets and quarterly forecasts


• Develop budgets to support funding proposals, with activities scoped by Area X.O in consultation with Program Management


• Review and approve project reports submitted to funders

Controls, compliance, and audit

• Maintain compliance with internal controls and not-for-profit financial guidelines


• Support financial and program audits, and make the judgment calls on audit readiness


• Act as a key liaison for procurement policy and procedures, and ensure they're applied consistently

Partnership and communication

• Deliver clear, timely financial insight to team leads, verbally and in writing


• Interpret finance policies and procedures, train colleagues on finance systems, and walk stakeholders through monthly reports


• Mentor colleagues and contribute to a culture of continuous improvement, inclusion, and belonging

Continuous improvement

• Identify and implement improvements to financial systems and processes


• Improve the quality and timeliness of financial reporting


• Adapt as program needs and organizational priorities evolve

WHAT YOU HAVE ACCOMPLISHED/GAINED THROUGHOUT YOUR CAREER :

• Bachelor's degree in accounting or business administration or related field 


• Accounting designation (CPA) is an asset 


• 5 to 7 years of experience, of which at least two (2) must managing direct reports 


• Working or volunteering with a Not-for-profit organization would be an asset 


• Strong communications skills, oral, reading and writing 


• Experience with revenue recognition, cost allocation, and project- or fund-based accounting


• Comfort building and maintaining budgets, forecasts, and cash flow projections


• Familiarity with internal controls and what auditors will ask for before they ask


• Strong spreadsheet skills and confidence working in an ERP or financial reporting system


• Experience preparing financial reporting for external funders is an asset
  

Do you have some of these skills but maybe not all?  We still encourage you to apply as we would love to review your unique application and learn more about you!

At Invest Ottawa and Bayview Yards, we know that diversity, inclusion and a sense of belongingness are critical success factors for globally competitive organizations and are required to drive sustainable wealth creation and prosperity across our region. We prioritize the creation of an inclusive culture and infuse diversity into our programs, operations and governance. As an equal opportunity employer that doesn’t simply accept difference but celebrates, support and thrives because of it, we invite all qualified candidates to apply, and especially encourage those who identify as members of underrepresented groups. 

Invest Ottawa and Bayview Yards are determined to provide a barrier-free work environment, starting with the hiring process. If you require accommodation during any phase of the evaluation process, please contact [email protected] to request specialized accommodation. Do know, all information received in relation to accommodation will be kept confidential. At Invest Ottawa and Bayview Yards, we are focused on doing better and committed to leading by example because it’s what’s best for us, our culture and our community. 

We may use an AI‑enabled assistant to take notes during our recruitment process to help our team stay present and engaged during interviews.  The tool does not screen, assess, or select applicants, and all hiring decisions are made by people. We welcome inquiries about AI use and/or requests for accommodations at any stage of the hiring process. Personal information (including recordings, transcripts, and summaries) is safeguarded in line with our privacy policy and applicable Ontario privacy legislation.