Job Type: Full Time Permanent

Location: Mississauga / Oakville

Working Hours: 40 hours/week (including some weekend and off-hours work as needed by the position)

Salary range: $90,000 to $95,000 per year

Summary:

Islamic Circle of North America (Canada) is hiring a Financial Controller for its head office in Oakville. Reporting to the Finance Committee Chair, the Financial Controller will be responsible for organizing and managing the company’s accounting systems and functions, including establishing and maintaining accounting principles, practices, and procedures, as well as preparing financial statements and reporting to the Finance Committee and the Board of Directors. Additionally, the Controller will provide leadership in record keeping, ensure compliance with charity legislation, and manage audit and compliance activities.

Responsibilities:

· Review and improve ICNA’s financial policies, procedures, internal controls, and risk management frameworks, ensuring compliance with charity legislation and best practices.

· Collaborate with ICNA centers and departments to prepare and maintain the annual organizational budget (~$20M); track actual performance against budgets and analyze variances.

· Streamline the month-end close process to ensure the books are closed by the working day of the 10th of the subsequent month, with accurate financial information and supporting documentation.

· Prepare, review, and present monthly financial reports to centers and departments, and regularly present to the Finance Committee and Board of Directors.

· Plan and manage cash flow across various bank accounts, ensuring resource availability while maintaining segregation of restricted funds.

· Leverage QBO’s capabilities to automate financial processes, such as bank reconciliations, vendor payments, credit card and EFT donations, and management reporting.

· Coordinate and oversee a centralized disbursement system, including payroll, ensuring proper documentation for all outgoing funds.

· Monitor and follow up on incoming funds across various bank accounts daily, ensuring proper documentation is received, filed, and reconciled.

· Supervise and mentor a team of accounting staff, reviewing and signing off on their work before closing the books each month.

· Lead the annual external audit and compliance processes, ensuring timely and accurate completion in collaboration with organizational departments.

· Prepare and file regulatory reports, such as GST/HST reconciliations, ensuring compliance with government requirements.

· Collaborate with external auditors for the timely and accurate submission of the annual T3010 Information Return.

· Oversee the annual tax receipting process, ensuring the accurate issuance of receipts and resolving donor inquiries.

· Manage grant and restricted funds, ensuring compliance with donor requirements and accurate reporting.

· Develop and implement long-term financial strategies, including forecasting and financial planning.

· Ensure transparency and financial reporting to donors, supporting fundraising efforts.

· Stay up-to-date on financial regulations and charity-specific laws to ensure compliance.

· Oversee investment portfolios and endowments, ensuring alignment with organizational goals.

· Other accounting duties as required.

Skills/Qualifications:

· University Degree in Accounting, Finance, or a related field; an MBA or similar advanced degree is an asset.

· Professional designation as CPA (CA, CMA, CGA) with excellent knowledge of ASNPO and a solid understanding of IFRS or GAAP.

· Minimum five (5) years of experience with financial reporting and external audits, including at least three (3) years in a supervisory capacity, preferably within a Canadian charity.

· Proficient in QuickBooks Online and MS Excel, with experience in financial management systems, budgeting, and forecasting tools.

· In-depth knowledge of charity legislation, CRA regulations, and compliance requirements for Canadian non-profits.

· Strong leadership, communication, and interpersonal skills, with the ability to interact effectively with senior management, Board of Directors, external auditors, and donors.

· High degree of accuracy, attention to detail, and strong analytical and problem-solving skills.

· Must be a team player and willing to work under pressure to meet strict deadlines, manage conflicting demands, handle frequent interruptions, and manage heavy workloads.

· Adaptability and emotional intelligence, with the ability to manage competing demands and maintain a collaborative team environment.

· Self-disciplined with the ability to work independently and without close oversight.

· Excellent time-management and organizational skills, with the ability to multitask and prioritize tasks with precision.

· Be willing to work long hours when required, especially during audit cycles, budgeting seasons, or financial reporting deadlines.

Apply: Interested candidates should forward their resume and cover letter to hr@icna.ca by July 10, 2025. We appreciate all applications, and we offer equal opportunity. However, only shortlisted candidates will be contacted for an interview.