Chief Financial Officer

About Us

Innovation Asset Collective (“IAC”) cuts through the noise and helps Canadian companies harness the value and power of their Intellectual Property (IP) so our innovations can remain Canadian-owned and globally renowned. IAC is seeking a Fractional Chief Financial Officer (CFO) to oversee financial, risk and governance aspects of the organization, while also providing guidance and support to the CEO and Senior Leadership Team.

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Responsibilities

Financial and Risk Management:

• Mentor and develop a team of professionals who manage day-to-day financial activities
• Oversee and guide the team in the development and implementation of financial strategies, budgets, and forecasts to support organizational goals and objectives
• Provide guidance and advice to the SLT on financial matters Accountable for financial reporting, including monthly financial statements, budget vs. actual analysis, and cash flow projections.
• Monitor financial performance, identify variances and trends, and implement corrective actions as needed
• Ensure financial policies and procedures are in compliance with regulatory requirements, accounting standards, and our contribution agreement
• Develop and implement risk management policies and procedures.
• Monitor and assess risk management activities to ensure compliance with applicable laws and regulations.
• Identify, analyze, and evaluate potential risks to the organization.
  

Board Governance Responsibility:

• Serve as a key liaison between senior leadership and the board of directors, providing regular updates on financial, governance and compliance matters.
• Support the board in fulfilling its governance responsibilities
• Provide guidance and expertise to the board on financial oversight, risk management, and compliance with legal and regulatory requirements.

Stakeholder Engagement:

• Build and maintain relationships with key stakeholders, including board members
• Communicate effectively with stakeholders to convey the organization's impact, and financial performance

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Qualifications

• Post secondary degree in business administration, finance, accounting, or a related field; CPA required
• Proven leadership experience in financial management, preferably in a not-for-profit or mission-driven organization
• Strong understanding of nonprofit accounting principles is preferred, financial reporting requirements, and regulatory compliance is required
• Demonstrated ability to develop and implement strategic plans and budgets to support organizational goals Excellent analytical and problem-solving skills, with the ability to interpret financial data, identify trends, and make data-driven decisions
• Exceptional communication and interpersonal skills, with the ability to engage and inspire stakeholders at all levels Commitment to the mission and values of the organization, with a passion for making a positive impact in the community

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How to Apply

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