Director Research Finance

About the Company
Our client is in the health care industry. They are looking for a Director of Research Finance (DRF) to join their team!

Why Work Here

• Good work life balance in this role
• Work for a reputable company
• Opportunities to grow within the team. Internal promotions

About the Opportunity

• Oversee pre-award and post-award financial management of research grants, contracts and clinical trials awarded, and oversee capital budget development and management. This entails review and sign off on all grant applications, set up and ongoing oversight of all successful applications.
• In collaboration with the VP, Research, and CFO provide leadership in developing, costing, communicating, implementing and evaluating the financial operations:
  • Development of the operational and financial elements of the company’s annual operating plans, business plans and three-year forecasts (including capital plans)
  • Present strategic and operational considerations based on reviewing trend analyses, statistical analyses and growth trajectories.
  • Develop and present financial reports, forecasts and tools for measuring business performance including those pertaining to growth, profitability, sustainability and cost reductions to the hospital leadership and the board of directors.
  • Report and interpret relevant data so as to provide management with the tools necessary to make informed decisions.
  • Provide in-depth business and financial planning for the facilities, including billing rates review; break even analysis; regulatory compliance; market evaluations; potential opportunity analysis; short and long-term strategic and operational plans; ensure business plans conform to strategic initiatives.
  • Oversee license commitments and ensure that companies are paying according to contractual obligations.
  • Accountable for the company’s annual financial statements and year-end audit
  
  
• The DRF oversees financial operations while ensuring long term viability of the organization including sustainable funding for core operations. This includes operational support for personnel, resources, space, and development of new programs or enhancing existing ones for:
  • All staff
  • Finance member on various committees
  • Finance member on various steering committees
  • Clinical Departments and Divisions in support of clinical funded research positions/activities
  • External organizations (examples include start-ups and third parties requesting services). Board member of FUS Instruments representing the company’s interests.
  
  
• The DRF is responsible for relationship management and partnership with the Corporate and Operational leaders to ensure that their Finances align and are consistent with strategic and operational plans of the organization.

About You

• Canadian Accounting Designation (CA/CMA/CGA or equivalent) required
• Master’s degree or an equivalent combination of education, training and experience
• A 10-year track record of overseeing the finances and operational aspects of an entity that has annual revenue exceeding $80M is desirable
• Experience in building and leading effective teams

Salary Range
$160,000 – $170,000/year

How to Apply
Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.
When referencing this job, quote #412233.

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.

Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

EEO Notice

Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .

Vaco also wants all applicants to know their rights that workplace discrimination is illegal.

By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.

• California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
• Virginia residents may access our state specific policies here.
• Residents of all other states may access our policies here.
• Canadian residents may access our policies in English here and in French here.
• Residents of countries governed by GDPR may access our policies here.

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:

• the individual’s skill sets, experience and training;
• licensure and certification requirements;
• office location and other geographic considerations;
• other business and organizational needs.

With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.