Chief Financial Officer (CFO)
Algoma University
Algoma University, established in Sault Ste. Marie in 1965, is an innovative institution with a dual Special Mission to serve as a teaching-oriented university while cultivating cross-cultural learning between Indigenous and non-Indigenous communities. The University currently provides students with rich learning and research opportunities in a range of liberal arts, sciences and professional disciplines; including degrees and certificates provided through the Faculties of Science, Social Sciences and Humanities. The University offers endless opportunities for students to learn inside and outside of the classroom. Experiential learning and student research opportunities are critical elements of Algoma’s approach, helping students apply what they learn in “real world” settings. An ambitious internationalization strategy is bringing significant new mobility opportunities for students, faculty and staff.
With campuses located in Sault Ste. Marie, Brampton and Timmins, Algoma University is committed to being a welcoming, inclusive, safe, and respectful learning community; one that values the opportunities to learn from and with students, staff and visitors from all parts of the world. Currently, Algoma University is home to over 5,000 students representing over 50 different countries, more than 3000 full-time and part-time faculty and over 150 support staff and administrative personnel (consisting of a mix of unionized support staff, managers, directors and senior executive).
Reporting to the University President and Vice-Chancellor the Chief Financial Officer (CFO) sits as a member of the University’s executive team and advises the President and the Board of Governors on all matters pertaining to the management and operation of accounting. This role exercises a major responsibility for the accounting and investing of the University and carries primary leadership and responsibility for providing strategic and operational direction within the finance and planning divisions. This role encompasses strategic financial planning, budget management, financial reporting, and the management of ancillary services. The CFO ensures financial stability, aligning financial strategies with the university’s strategic objectives and facilitating timely reporting to the Board of Governors on an as needed basis.
The CFO ensures timely and accurate financial reporting to internal leaders, senior executives, the Risk and Finance Committee, and the Board of Governors. The role promotes financial leadership by providing support for the University’s strategic and operational objectives, analyzing financial information, and forecasting future operations to ensure the long-term financial sustainability of the institution.
As the ideal candidate, you are a strategic leader, trusted partner and empowering manager. You build and maintain relationships through collaboration, consensus, and collegiality, and have had great success leading people to achieve exemplary performance. A persuasive communicator and engaging facilitator, you bring a transparent and innovative approach to financial management and planning, operations management, financial planning, risk management, and technology systems. You are an evidence-based decision-maker with extensive experience overseeing complex finance and budgets and a broad range of administrative and financial support functions. Highly professional and respectful, with unquestioned integrity and judgment, you can confidently and competently guide your teams through change, while successfully navigating the ambiguity and challenges of a dynamic academic environment.
You hold, at a minimum, a Bachelor’s degree and a CPA designation, coupled with senior level experience in an academic or comparable organizational environment with a focus on financial and administrative operations or equivalent.
Algoma University is strongly committed to fostering diversity and inclusivity within our community and is an equal opportunity employer. The university invites and encourages applications from all qualified candidates from equity-seeking groups, (Indigenous peoples, racialized persons, women, persons with disabilities, and LGBTQQIP2SA+ persons) who may contribute to further diversification of our Institution. In accordance with the Accessibility for Ontarians with Disabilities Act, 2005, upon request, accommodation will be provided by Algoma University throughout the recruitment, selection and/or assessment process to applicants with disabilities. The successful candidate, as a condition of employment, will be required to provide a Police Vulnerable Sector Check.
To apply please click here: boyden.thriveapp.ly/job/2828 For further information and the full executive briefing document, please contact Collin Ritch and Kathy Rahme at [email protected].
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