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 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 a cover letter and resume in PDF format. See our website 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

Ability to commute/relocate:
Toronto, ON M5R 2A7: reliably commute or plan to relocate before starting work (required)

Education:
Master's Degree (required)

Experience:
progressive experience in finance: 8 years (required)
leadership role, experience in higher education: 5 years (required)

Licence/Certification:
Chartered Professional Accountant (required)

Work Location: In person