Job Description

About the Company
Our client is in the hospitals and health care industry. They are looking for a Director Research Finance who will be responsible for the oversight of day to day financial operations of the company. This includes providing leadership, management, developing policies, implementing new initiatives, monitoring financial sustainability and initiating ongoing continuous improvements in support of the company\xe2\x80\x99s mission.

Why Work Here

• Work for a reputable organization that offers stability and growth
• This position has a broad scope with the opportunity to provide guidance and to make an impact to the organization
• Progression opportunities available within 3 years of joining

About the Opportunity

• Oversee pre-award and post-award financial management of research grants, contracts and clinical trials awarded to the company, and oversee capital budget development and management. This entails review and sign off on all grant applications, set up and ongoing oversight of all successful applications.
• In collaboration with the VP, Research, and CFO provide leadership in developing, costing, communicating, implementing and evaluating the financial operations.
• Development of the operational and financial elements of the company\xe2\x80\x99s annual operating plans, business plans and three-year forecasts (including capital plans)
• Present strategic and operational considerations based on reviewing trend analyses, statistical analyses and growth trajectories.
• Develop and present financial reports, forecasts and tools for measuring business performance including those pertaining to growth, profitability, sustainability and cost reductions to the company and hospital leadership and the board of directors.
• Report and interpret relevant data so as to provide management with the tools necessary to make informed decisions.
• Provide in-depth business and financial planning for the company\xe2\x80\x99s facilities, including: billing rates review; break even analysis; regulatory compliance; market evaluations; potential opportunity analysis; short and long-term strategic and operational plans; ensure business plans conform to strategic initiatives.
• Oversee license commitments to the company and ensure that companies are paying according to contractual obligations.
• Accountable for the company\xe2\x80\x99s annual financial statements and yearend audit
• The DRF oversees financial operations while ensuring long term viability of the organization including sustainable funding for core operations. This includes operational support for personnel, resources, space, and development of new programs or enhancing existing ones for:

• All staff
• Finance member on various committees
• Finance member on various steering committees
• Clinical Departments and Divisions in support of clinical funded research positions/activities
• External organizations (examples include start-ups and third parties requesting
• services).
• The DRF is responsible for relationship management and partnership with Corporate and Operational leaders to ensure that Finances align and are consistent with strategic and operational plans of the company. This entails ensuring that opportunities to maximize efficiencies between the two entities are explored and secured. The consistency of the company\xe2\x80\x99s financial operations, staff pay rates and integration with the equivalent financial departments is important. Active participation in bi-monthly meetings of the financial directors is key to this integration.

About You

• Canadian Accounting Designation (CA/CMA/CGA or equivalent) required
• Master\xe2\x80\x99s degree or an equivalent combination of education, training and experience
• A 10-year track record of overseeing the finances and operational aspects of an entity that has annual revenue exceeding $80M is desirable
• Experience in building and leading effective teams

Salary Range
$160,000 - $170,000/year

How to Apply
Click the \xe2\x80\x9cApply Now\xe2\x80\x9d button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.
When referencing this job, quote #377060.

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client\xe2\x80\x99s requirements for this role.

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