Finance minister Jim Flaherty keeps close eye on long-term car financing
He/she will serve as a participant in the global finance team providing leadership and coordination in the administrative, accounting, and budgeting efforts of Relief International. Position Responsibilities and Duties: Work in collaboration with International Controller to ensure all field office activity is uploaded correctly into the Sun accounting system Maintain internal control and safeguards for receipt of revenue, costs, and program budgets and actual expenditures handled domestically Oversee the domestic processing of expenditures, revenues, and payroll. Ensure all control and support documents are complete and properly filed Ensure that all trial balance accounts are current and reconciled to support schedules Prepare standard monthly financial reports in an accurate and timely manner; monitor progress and changes including the Indirect Cost Rate and keep CFO and International Controller abreast of RIs financial status Participate in the development and implementation of SOPs for domestic finance operations In collaboration with the International Controller, coordinate all audit activity Participate in the organizational cash flow forecasting by working in partnership with cash management Finance Manager Work collaboratively with the International controller to collect financial reporting materials for government, corporate, and foundation grants and to assist in the preparation of donor reports Ensure compliance with local, state, and federal tax and reporting requirements Supervision of Accounts Payable/Accounts Receivables and Budget Analysis Management of Finance team, refining of financial systems, provide training to Finance team and prepare RI for audits. Qualifications & requirements: This is an extraordinary opportunity for a mature leader with five to ten years of accounting and finance experience, ideally beginning in accounting and audit, followed by experience gathering, evaluating, presenting, and reporting financial information. He/she will ideally have experience in a complex nonprofit that has multiple programs.
Finance officials also delivered a couple of preliminary conclusions, including athere has been a clear shift in auto financing,a and that vehicle loans with longer amortization periods have attracted customers who once leased vehicles and are looking for lower monthly payments. There is no indication from the documents what actions, if any, the government may take. Large parts of the briefing notes are blacked out, including a section titled anext steps.a The federal government has limited regulatory power over vehicle financing. Federally regulated financial institutions are not permitted to offer lease financing for vehicles under 21 tonnes, says Finance Canada. For auto financing, banks can offer loans for vehicle purchases, but loan products are also provided by provincially regulated financial institutions and other companies.