Director of Finance and Administration and Business Development - Child Development Institute

  • Waterhouse Executive Search
  • Apr 25, 2020
Full time Director

Job Description


Child Development Institute (CDI) is a leading children’s mental health agency in the City of Toronto offering a range of services to approximately 3,500 children ages 0‐12, youth ages 13-18 and their families each year. Our mission is to promote and support the healthy development of children and to strengthen the families and communities in which they live. We provide four streams of service to families in need: early intervention, family violence, healthy child development and specialized mental health services for children and youth with learning disabilities.


Child Development Institute (CDI) is seeking a Director of Finance, Administration and Business Development, to join our dynamic senior leadership team. Under the direction of the CEO, the successful candidate will assume responsibility and leadership for the organizational functions of:  Financial Management, Business / Social Enterprise Development, Risk Management, Information Technology, Facility Management, and Office Support Services.

The Director will be directly responsible for regulatory and financial reporting, forecast preparation, and will take the lead in budget preparation in consultation with Program Directors, as well as developing and overseeing internal control policies and procedures. The Director has a lead role in managing the organization’s overall financial performance through ensuring the sustainability of all programs, services, and social enterprise ventures. 

The ideal candidate will possess strong business acumen and the ability to strategically manage complex business operations.  In addition, we are seeking a candidate with a proven ability to work collaboratively in a team environment.  This is a tremendous opportunity for a financial leader to maximize and strengthen the internal capacity of a well-respected organization to expand its social impact.


Financial Management

  • Present timely, accurate and relevant financial information, including analysis and commentary, to the senior management team, the Audit and Risk Committee of the Board and the Board to inform and support these groups executing their accountabilities.
  • Deliver accurate financial reports to funders in accordance with contractual requirements.
  • Deliver accurate financial reports to regulatory and tax authorities in accordance with regulations and laws.
  • Present budgets and forecasts, including analysis and commentary, to the senior management team, the Audit and Risk Committee of the Board and the Board.  Seek Board approval for budgets and forecasts.
  • Execute or direct the execution of financial analysis and financial modelling to support management and Board decision-making.
  • Review and recommend approval of contracts with funders.
  • Manage organizational cash flow and prepare or direct the preparation of cash flow forecasts to ensure that CDI is able to meet obligations as they come due.  Present these forecasts to the Audit and Risk Committee of the Board and the Board, including appropriate analysis and commentary.
  • Invest or direct the investment of excess cash in accordance with investment policy or direction from the Board.
  • Make recommendations to senior management, the Audit and Risk Committee of the Board and the Board with respect to financial matters.
  • Coordinate and direct the annual audit process and liaise with external auditors.
  • Provide information and support to the Audit and Risk Committee of the Board to facilitate the Committee achieving its mandate.
  • The following accountabilities support the accountabilities above:
  • Develop, implement and maintain (or direct these activities) policies and processes that ensure timeliness and accuracy.
  • Develop, implement and maintain (or direct these activities) internal controls that safeguard CDI’s assets and provide a high degree of assurance that financial reporting is accurate and conforms to external accounting and regulatory requirements.


  • Deliver (or direct the delivery) of facilities management and office services that support the organization’s operations and that comply with relevant laws and regulations.
  • Ensure that service and equipment contracts align with the organization’s operational and strategic objectives and policies, and that adequate contract records are maintained.
  • Deliver (or direct the delivery) of Information Technology (equipment, infrastructure, services) that is sufficient to support the operational and strategic objectives of the organization.
  • Ensure that insurance coverage adequately addresses the organization’s risks and complies with policies and any directives from the Board of Directors.

Business/Social Enterprise Development

  • Develop and present an annual business/social enterprise development plan for CEO and Board approval.
  • Collaborate with business heads to develop specific business or social enterprise intitiatives.
  • Develop, implement and maintain (or direct these activities) business models and financial analysis tools to support decision-making and achievement of business objectives and organizational strategy.
  • Provide advice to senior management regarding the financial implications of business activities and make recommendations to strategically enhance financial and business performance.
  • Direct and supervise business development activities.

Risk Management

  • Maintain and enhance the CDI risk management program (or direct these activities) to ensure that the program effectively identifies and classifies risks, that risks mitigants are identified and actioned and that risks are clearly communicated to senior management and the Board.


  • Bachelor’s degree in Accounting, Finance, Business Administration or related major and possess a professional designation (CPA)
  • Minimum of 7 years financial experience, must have some experience in a non-profit environment
  • At least 5 years of management experience;
  • Experience in writing business plans, proposals, reports and briefing notes
  • Proven experience in budgeting and financial management, business development, financial analysis of business operations.
  • Proven record of accomplishment in dealing with funders
  • Proven record of accomplishment in ability to work with non-profit, Board governed agency an asset
  • Success in working effectively with a Board of Directors and Board Committees
  • Proven record of accomplishment in prudent financial management and fiscal responsibility
  • Proven record of accomplishment in of building partnerships and alliances with a wide variety of stakeholders
  • Experience working in a unionized environment an asset
  • Occasional travel between CDI offices is required.

 How to be Considered for this Opportunity”

To explore this opportunity please apply online with a covering letter outlining your interest and key qualifications along with your resume in word of PDF format via email by May 7th, 2020 or sooner to quoting project CDI-DF.

If you wish to speak with our Executive Recruiter, please contact Jon Stungevicius at 416-214-9299 x1 or via email at

Additional Considerations:

Thank you in advance for your interest. However, due to the volume of resumes received, only those candidates selected for interviews will be contacted.

Diversity and Inclusion:  

Child Development Institute is an Equal Opportunity Employer.  We value inclusivity & diversity in the workplace. We actively encourage applications from members of groups with historical and/or current barriers to equity, including, but not limited to,

  • First Nations, Métis and Inuit peoples, and all other Indigenous peoples;
  • members of groups that commonly experience discrimination due to race, ancestry, colour, religion and/or spiritual beliefs, or place of origin;
  • persons with visible and/or invisible (physical and/or mental) disabilities; and
  • persons of marginalized sexual orientations, gender identities, and gender expressions.

We recognize that many of these identities intersect and that therefore, equity, diversity and inclusion can be complex. We value the contributions that each person brings, and are committed to ensuring full and equal participation for all in our community.


Child Development Institute is committed to creating an accessible and inclusive organization. In accordance with the Accessibility for Ontarians with Disabilities Act, 2005 (AODA) and the Ontario Human Rights Code (OHRC). Child Development Institute will provide accommodations throughout the recruitment & selection process to applicants with disabilities.  During any stage of the recruitment process, please notify Human Resources of the nature of any accommodation(s) you may require.   Any information received relating to accommodation measures will be addressed confidentially.

All applicants are advised that offers of employment are contingent upon the successful completion of a Vulnerable Sector Check.

Job Category

Accounting, Chief Financial Officer, Director, Finance, Senior Director


Toronto, ON