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Senior Director, Finance

Toronto, ON
Senior Level
full_time

About the role

Job Description - Senior Director, Finance

Position Summary

Reporting to the President and CEO and working collaboratively as a member of the Senior Leadership Team, the Senior Director, Finance promotes Youthdale’s purpose statement, guiding principles and strategic priorities to ensure the agency is a leader in the provision of children mental health services.

The Senior Director, Finance provides strategic leadership in financial stewardship, corporate services, and operational efficiency to ensure the financial sustainability of Youthdale’s child and youth mental health programs. This role oversees financial strategy, budgeting, procurement, and decision support, ensuring alignment with Youthdale’s mission and system-level priorities. As a key member of the Senior Leadership Team, the Senior Director plays a crucial role in financial planning, risk management, and organizational decision-making, ensuring compliance with funding agreements and maximizing resource allocation for clinical, service and operational excellence.

Location: 229 Yonge Street, Toronto, ON
Hours: 35 hours per week
Status: Full-Time Permanent
Union/Non: This is a non-unionized position.
This posting is for a replacement within our organization.

Accountability

This position reports directly to: President and CEO
This position supervises: Finance Team

Corporate Responsibilities

  • Fosters positive and constructive interpersonal relationships with the staff, volunteers, residents, visitors, outside agencies, government officials and related professional associations.
  • Maintains and adheres to all relevant legislation.
  • Maintains and adheres to organizational policies and procedures.
  • Works in compliance of the Occupational Health & Safety Act and its regulations, reporting hazards, deficiencies and contravention’s of the Act, in a timely manner.
  • Development, implementation, monitoring and evaluation of training and development programs aligned with the organization’s strategic priorities and guiding principles.
  • Demonstrates management practices, which are consistent with the guiding principles and philosophy of Youthdale Treatment Centres.

Job Responsibilities

Assumes overall responsibility for the oversight and management of all financial services of Youthdale ensuring services are in line with best practices and current professional standards. Specific functional areas of responsibility include:

Financial Management and Reporting

  • Lead the development of a multi-year financial strategy to ensure long-term sustainability, operational efficiency, and compliance with funder requirements.
  • Oversee financial risk assessments and mitigation strategies, ensuring Youthdale remains fiscally sound amidst evolving sector challenges.
  • Drive digital transformation in financial reporting by implementing real-time analytics, performance dashboards, and AI-supported financial modeling.
  • Develops, implements and maintains all administrative policies and procedures for proper internal control, and to comply with government directives, practices and policies;
  • Facilitates and oversees annual financial audits conducted by third parties to ensure effective resolution and swift closure of auditing activities;
  • Oversees and directs all financial processes, including AP, AR, month end reconciliations, monthly financial statements, variance and performance analysis, forecasting, and procurement;
  • Directs, supervises, mentors and develops the accounting and payroll staff.
  • Ensure all statutory requirements are met, including those related to charitable status, withholding payments, income tax, GST, and employer health tax.
  • Prepare for annual audits and liaise with the Board's Audit Committee and external auditors.
  • Embed financial equity principles into budgeting and funding allocation processes, ensuring resources are distributed in alignment with client needs, service demand, and strategic priorities

Procurement

  • Ensure compliance with organizational procurement policies and procedures
  • Monitor and control expenses related to purchasing activities
  • Conduct cost-benefit analyses for major purchases
  • Prepare financial reports related to procurement for senior management and the board
  • Develop and oversee a strategic procurement framework that ensures cost-efficiency, transparency, and alignment with Youthdale’s financial objectives.
  • Implement data-driven procurement analytics to optimize spending, supplier performance, and risk mitigation.
  • Analyze procurement spending trends and provide insights
  • Utilize data analytics to optimize purchasing decisions
  • Oversee the implementation and optimization of inventory management software and system

Leadership and Team Development

  • Collaborate closely with the Senior Leadership Team (SLT) to ensure operational and strategic alignment.
  • Share insights, reports, and recommendations to inform organizational decision-making.
  • Serves as one of Youthdale’s key spokespeople and ensures that Youthdale and its purpose are consistently presented in a strong, positive image to relevant stakeholders and the general public.
  • Set clear performance expectations, provide regular feedback, and conduct performance evaluations to support continuous improvement.
  • Foster a culture of collaboration and professional growth through coaching, mentoring, and development opportunities.
  • Engage in continuous learning through leadership development programs and industry best practices.
  • Develop and oversee respective functional OKRs (Objectives and Key Results) to track operational performance and progress toward strategic goals.
  • Seek regular feedback to enhance leadership effectiveness and support personal growth.
  • Drive financial transformation initiatives by implementing modern accounting technologies, AI-driven financial forecasting, and automated reporting tools.
  • Lead change management efforts to enhance financial literacy across all departments, ensuring program leaders have the tools and insights needed for effective budget management.
  • Serve as a key financial liaison to funders, advocating for sustainable funding models and strategic investments in mental health services
  • Performs other duties as assigned by the President and CEO.

Decision Support

  • Leverage predictive analytics and financial modeling to support decision-making, enabling Youthdale to proactively address funding shifts, operational challenges, and growth opportunities.
  • Develop and maintain a robust performance measurement framework to ensure financial efficiency and strategic alignment.

Risk Management

  • Develop and implement a proactive financial risk management framework to ensure compliance with regulatory requirements, funder expectations, and industry best practices.
  • Establish fraud detection measures to maintain fiscal integrity and transparency.
  • Provide financial scenario planning to prepare for potential funding changes and economic pressures.

Payroll and Benefits Administration

  • Provide executive oversight of the payroll strategy, ensuring regulatory compliance, financial sustainability, and alignment with collective bargaining agreements.
  • Lead compensation analysis to optimize cost structures while maintaining competitive and fair employee compensation models.

Qualifications

  • Chartered Professional Accountant designation required.
  • Minimum 10 years’ of relevant experience, including 5 years in a senior financial role responsible for financial strategy and overseeing and delivering the full range of financial and accounting practices, including but not limited, to budgeting, forecasting, reporting, financial analysis, cash flow management, AP/AR.
  • Experience in a public sector setting in an organization that receives funding from the Ministry of Health and the Toronto Central Local Health Integration Network preferred, e.g., community agency, hospital, not for profit, children and youth mental health setting.
  • Previous financial reporting experience in a not-for-profit organization an asset.
  • Previous experience and knowledge of corporate services, procurement, risk management, and decision support.
  • Strong interpersonal and communication skills with proven ability to establish positive partnerships and work as a leader of a multidisciplinary agency with external agencies, government and funders.
  • Strong managerial and leadership skills, with an ability to work effectively with multi- professional groups while facilitating organizational change
  • Proven success in leading transformational change through the development and implementation of a comprehensive financial management strategy – in a complex, multiple stakeholders, professionally staffed, unionized organization.

ABOUT YOUTHDALE TREATMENT CENTRES

Youthdale (https://www.youthdale.ca) provides comprehensive, integrated mental health services to children and their families, connecting them with the right programs and services, both at Youthdale and in their communities. We meet the complex needs of children and youth with a team of highly skilled and dedicated psychiatrists, psychologists, neurologists and neuropsychologists, social workers, nurses, and child and youth workers. To know more about us and the amazing work that our team does, please visit https://www.youtube.com/@youthdale-ca

APPLICATION

At Youthdale, we are committed to fostering an inclusive and accessible environment. We are dedicated to building a workforce that reflects the diversity of the community in which we live and serve. Youthdale is committed to providing accommodation in all parts of the hiring process. If you require accommodation, we will work with you to meet your needs.

Please apply with an updated resume by August 25, 2025.

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About YOUTHDALE TREATMENT CENTRES

Youthdale is a Toronto-based mental healthcare agency dedicated to helping children, youth, young adults, and families struggling with complex needs. Most Youthdale Treatment Centres clients come from the Greater Toronto Area, but we are proud to serve young people and their families from diverse backgrounds and communities across Ontario.

A wide range of programs and services available include psychiatric assessment and consultation, a limited number of specialized occupational therapy, speech and language or psychology assessments. Some programs involve live-in treatment or intensive support and supervision.