Director, Financial Sustainability Initiatives (3 years)

Please Note: If you are a current Algonquin College employee, apply to this job via the Workday application.

Department: Finance and Administration

Position Type: Fixed Term Administrative

Salary Range: $61.02-$81.37-Hourly

Scheduled Weekly Hours: 36.25

Anticipated Start Date: October 14, 2024

Length of Contract: 3 years

Posting Information: This job posting is now accepting applications from all qualified individuals.

Posting Closing Date: October 1, 2024

Please note: jobs are posted until 11:59 pm on the job closing date.

Job Description:

Reporting to the Vice President, Finance and Administration, the Director of Financial Sustainability Initiatives is a senior strategic leader that will oversee the implementation of the Financial Sustainability Roadmap initiatives and transformation projects and ensure they are delivered as per approved plans, budgets, and timelines. The Director will work closely with the Algonquin College Executive Team (ACET) and Algonquin College Leadership Team (ACLT) members to achieve the implementation of initiatives and projects. The primary duties of the role are to lead a transformation team and oversee cross-College leaders and professional service providers involved in the execution of approved initiatives and projects. The Director ensures that project plans are prepared and tasks are assigned to achieve all deliverables on schedule with the required financial returns and other benefits. The Director will also be responsible for the implementation of best practices in project management for the implementation of transformation initiatives and projects.

The Director will establish the transformation vision and strategic approach to achieve financial sustainability. Regular reporting and proposals will be presented to the Algonquin College Executive Team (ACET) for decision and resourcing. The Director will present periodic updates to the Audit and Risk Management Committee of the Board of Governors. The Director will supervise a team and receive support from the Finance and Administrative Services Department and other faculties and departments in the College. The Director works closely with the College’s Executive Team, consultants, labour partners, and key internal/external College community members to facilitate project planning and delivery implementation and identify the required change management plans and tactical strategies.

The Director is responsible for leveraging industry trends and leading practices related to project and change management and will foster a culture of innovation, trust, creativity, collaboration, and teamwork within the College, encouraging the implementation of new ideas and processes, breaking down silos, and encouraging cross-functional partnerships.

Duties and Responsibilities:

• Leads the identification, prioritization, and implementation of initiatives that will improve the financial sustainability of the College;
• Leads the development of business cases, proposals, and financial models demonstrating return on investment and alignment with the College’s strategic objectives;
• Leads the execution of the financial sustainability roadmap transformation initiatives and projects utilizing project management best practices;
• Provides Strategic Leadership and Direction with a focus on Change Management;
• Undertakes special projects and assignments upon request of the Vice President;
• Other duties as assigned.

Required Qualifications:

• Masters’ degree or equivalent in such disciplines as Business, Communications, Marketing, Engineering, Operations & Logistics, Accounting, Finance, or an equivalent combination of education and experience, is required at the point of hire;
• Professional Designation (e.g., Project Management Professional, Chartered Professional Accountant, Professional Engineer) is considered an asset;
• Minimum of nine (9) years demonstrated experience in the following:
• Highly developed skills in the areas of change management, communications, leadership, finance, human relations, problem-solving, and presentation;
• Knowledge and application of lean management principles is an asset;
• Goal driven, results-oriented, and ability to be strategic in support of College goals;
• Administrative planning and management – full range of skills related not only to ongoing operations but also to team-building and change management;
• Excellent analytic skills related to policy, budget, and operations issues;
• Excellent priority-setting and conflict resolution/mediation skills are essential;
• Excellent leadership and team-building skills required;
• Significant financial management and planning skills;
• Data Science education and skills.

* This position is paid at Payband 13

* Vacancy is for P21374

This position is eligible for hybrid work in conjunction with the College's Flexible Work Arrangement Policy (subject to change).

Join our awesome team! Algonquin College was recently rated as a Top Employer in the National Capital Region. In addition to our highly competitive compensation, other elements add value to our total work experience, such as benefits pay, pension, leaves, working conditions, and our people! Did you know that we offer a College Pension Plan (CAAT), an impressive vacation package, and ongoing professional development opportunities? Take a look at some of our amazing benefits.

Algonquin College values diversity and is an equal opportunity employer. We offer an inclusive work environment and encourage applications from all qualified individuals. If you require accommodation during the recruitment process please contact the Human Resources department at humanresources@algonquincollege.com. While we thank all those who apply, only those to be interviewed will be contacted.