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Director of Finance

Toronto, ON
Senior Level
Full-time

Top Benefits

Dental care
Employee assistance program
Extended health care

About the role

Position Title: Director of Finance

Reports to: CEO, Vega Education Group

Schedule: Full-Time. Monday to Friday; 40 hours per week. Occasional overtime during peak periods. Some requirements to be on-call outside regular business hours (evenings/weekends).

About IBU

International Business University (IBU) stands as Ontario’s first independent not-for-profit university. Having received Ministerial consent for full accreditation in 2020 and DLI approval in 2023, IBU is Ontario’s only not-for-profit independent University. Our foundation draws inspiration from the world’s most esteemed independent universities, creating a ‘next generation’ model characterized by innovation, agility, and responsiveness. IBU is focused on being a truly student-centric, industry-aligned university, executing the best practices of today to build the future talent relevance of tomorrow. IBU is committed to curricula and learning experiences that seamlessly blend rigorous academic preparation with practical skill development, reflecting emerging technologies, evolving societal needs, and the future demands of the global workforce.

Position Summary

The Director of Finance is a key leadership position responsible for developing and executing short and long-term strategic and financial plans, providing financial guidance, and overseeing the finance portfolio of International Business University (IBU) and Vega Academic Services Inc., a back-office service provider to IBU. The incumbent will play a pivotal role in ensuring financial accountability, driving operational efficiency, and managing the growing Finance department.

Key Responsibilities:

  • Provides strategic advice and guidance to the senior leadership on IBU's finance and budgeting processes, financial planning, and resource allocation.
  • Oversees the preparation and management of financial forecasts, budgets, and comprehensive quarterly and annual financial reports.
  • Lead and manage all aspects of the finance portfolio for International Business University and Vega Academic Services Inc., ensuring alignment with strategic priorities.
  • Ensure compliance with regulatory requirements, organizational policies, external audit requirements and financial best practices.
  • Proactively identify and mitigate financial risks to protect organizational assets and ensure sustainability.
  • Identify, design, and implement improvements to financial systems, business processes, policies and administrative workflows to enhance efficiency.
  • Champion and drive continuous improvement initiatives across financial operations, ensuring adaptability and innovation.
  • Provide mentorship, coaching, and professional development opportunities to enhance team capabilities.
  • Establish, maintain, and enforce rigorous financial accountability standards across the organization.
  • Other duties as required.

The successful candidate will have the following essential qualifications:

  • University degree in Finance, Accounting, Business Administration, or a related field; a Master’s degree is preferred.
  • CPA designation is required.
  • Minimum of 8 years of progressive experience in finance, with at least 5 years in a leadership role, experience in higher education is preferred.
  • Proven leadership skills, experience in team building, leading change and adapting to new technologies.
  • Strong computer skills including Financial Information Systems, Microsoft Word, Excel and PowerPoint.
  • Excellent written and verbal communication, presentation skills, negotiating and mediating skills.
  • Demonstrated ability to exercise tact, diplomacy and discretion when necessary and keep confidential highly sensitive information; highly developed and effective problem-solving skills and ability to exercise sound judgment.
  • Superior interpersonal skills and demonstrated ability to work effectively in a collaborative team environment.
  • Proven ability to manage multiple priorities within strict timeline constraints; proven ability to respond to frequently changing priorities; demonstrated time management and organizational skills.
  • A positive, enthusiastic, can-do attitude and a genuine interest in working within an educational environment.

IBU values and embraces diversity, equality and inclusion as fundamental to our mission to educate students for career success in the business world today. Our desire is to ensure that our institution is a welcoming, inclusive, respectful, and safe environment for everyone. As an institution operating on traditional lands of Indigenous Peoples and communities, IBU recognizes its obligation as a member of the Ontario postsecondary system to join the path of reconciliation with Indigenous People. We are an Equal Opportunity Employer. If you require disability-related accommodation to participate in the recruitment process, please contact us at careers@ibu.ca and we will be happy to accommodate your needs under the Ontario Human Rights Code.

If you are interested in this opportunity, please submit to careers@ibu.ca a cover letter and resume in PDF format. See our website www.ibu.ca for further information about this new and exciting university.

We thank all applicants for their interest in this position. Please note that we will only be in contact with those individuals moving forward in the process.

Job Types: Full-time, Permanent

Benefits:

  • Dental care
  • Employee assistance program
  • Extended health care
  • Life insurance
  • Paid time off
  • Tuition reimbursement
  • Vision care

Schedule:

  • Monday to Friday
  • Weekends as needed

Work Location: In person

About International Business University

Higher Education
51-200

Our mission is to help you find a career that ultimately fuels your passion. IBU offers a personalized experience and industry focused curriculum to set you up for a successful career in today’s highly competitive business world. Our professors devote themselves to opening doors for their students and apply their years of boardroom experience in the classroom, giving you an up-close and personal look at how today’s business world works and your path to success. IBU encourages you to explore and achieve your greatest potential while acquiring the skills you need to become a leader in your industry and community.