Manager, Treasury and Accounting

The Nature Conservancy of Canada•Toronto, ON

20d•CA$82,772 - CA$103,000•Hybrid

About The Position

The Nature Conservancy of Canada (NCC) is seeking a highly motivated Manager, Treasury and Accounting to join their team. This role is based out of the downtown Toronto office with a hybrid work arrangement. The organization is committed to protecting important natural areas and the species they sustain, with a collaborative, evidence-based approach. NCC also emphasizes transforming its work, advancing Reconciliation, and working with Indigenous Peoples. The Manager, Treasury and Accounting will lead day-to-day treasury activities, including cash management, banking relationships, and transaction processing. They will manage the back-office settlement process, handle cash receipts/payments, and perform bank reconciliations in compliance with regulatory standards. Responsibilities include maintaining accurate forecasts, analyzing investment portfolios, and supporting treasury administrative functions such as procure-to-pay, property acquisition payments, and endowment management. Reporting to the Director of Corporate Finance, this role involves supervising a team and acting as a trusted advisor to various stakeholders within the organization.

Requirements

Completed post-secondary education in a related field (i.e., commerce, finance, economics).
CPA certification.
5+ years of relevant treasury and accounting experience.
At least 2 years in a people manager role.
Strong financial modeling and data mining skills.
Understanding of endowment management, investment mutualization, and portfolio management.
Ability to excel in a fast-paced environment with frequent changes and tight timeline demands.
Proven ability to be an independent self-starter, who can also work effectively in a team-based environment.
Excellent time management and organizational skills.
Ability to manage conflicting priorities within structured deadlines and deliverables.
Demonstrated ability to think outside the box, recognize key risks, identify areas for improvement, and strengthen the existing control environment.
Ability to drive efficiencies and is analytically minded.
Shown ability to be an effective communicator and relationship builder.
Strong Microsoft Excel skills.
Proficient with Microsoft Word and PowerPoint.
Proficient with citizen developer tools like Power Apps and Power BI.

Responsibilities

Oversee liquidity management, including reviewing daily cash requirements, planning cash flow, investing/divesting from short-term accounts, and reporting on weekly cash movements.
Lead and report the forecast of NCC’s cash position, calculate liquidity metrics, and LT endowment capacity (LTEC) position to inform and optimize funding strategy decisions.
Manage foreign exchange conversions (US funds) when required.
Ensure all bank accounts are reconciled in a timely manner.
Ensure timely recording of movements in the TBLCF internal loan fund, monthly reporting, forecasting, and drafting quarterly reporting of the fund.
Prepare working papers and draft notes for annual reporting of the liquidity and the internal loan fund.
Oversee the procure-to-pay function, including purchase orders, Concur, Apex, US Bank VISA, and credit card management.
Ensure that all approved accounts payable transactions in Concur systems are transferred to the financial systems for payments.
Ensure all property-related deposits, interim and final payments, and contributions to third parties are disbursed in line with contractual obligations.
Review bi-weekly payments file and approve payments to authorized levels.
Ensure the accounts payable ledger is regularly reconciled with the general ledger and appropriate working papers and reporting is completed for the annual audit.
Oversee gift of securities through discount bank brokerage account.
Oversee timely and accurate processing of direct revenue in Financial Edge to ensure entries are recorded per GAAP, NCC policies, and CRA regulations.
Exercise judgment to identify, diagnose, and review land, endowment, and internal and external loan-related entries and payments.
Ensure external and internal loan drawdowns and repayments are completed in a timely manner.
Provide specialized consulting, analytical, and technical support.
Monitor and track investment transactions, ensure timely disbursements for private equity capital calls, and semi-annual draw spending allocations.
Ensure all endowment-related transactions are reconciled between categories and recorded in the endowment software regularly.
Mutualize endowments quarterly and ensure all transactions are timely and accurately recorded in the ERP.
Draft reporting for the investment committee and provide recommendations to leadership on trending issues and effective management of the Investment Committee.
Annually reconcile and report on changes to endowment funds by category and draft financial statement notes related to investment and endowments.
Responsible for external audit reporting requirements related to treasury and investment functions.
Develop and maintain expertise in all regulations, directives, and guidance applicable to the Treasury group, including interpreting regulations and understanding emerging issues.
Ensure NCC is compliant with restricted funds policies and external regulations.
Build effective relationships with internal and external stakeholders, including bankers and investment managers, addressing their needs by providing services to NCC.
Oversee staff development, hiring, and performance evaluations.
Act as a subject matter expert to identify opportunities to streamline processes and address business issues in ERP implementations.