News Article

Music PEI has an exciting full-time permanent employment opportunity for a Financial Manager.

Music PEI is the non-profit music industry association for the province of Prince Edward Island. For 17 years, Music PEI has assisted members of PEI’s music industry to develop sustainable careers, new business opportunities, and professional development. The organization stages three major events each year: Music PEI Week (March), Canadian Song Conference (May), and Showcase PEI (September). Additionally, Music PEI administers a funding program for members and various professional development programs throughout the year. The annual budget is in the $800,000 range.

The Financial Manager will work closely with the Executive Director, Program Manager, and Event Coordinator to manage and oversee all financial operations of Music PEI. This includes but is not limited to; maintaining financial records, preparing reports, managing budgets, and ensuring compliance with financial regulations. The ideal candidate will bring strong accounting expertise, excellent communication and organizational skills, and a collaborative spirit to support the financial health and sustainability of Music PEI’s programs and initiatives.

Responsibilities

Financial Management

• Manage financial accounting software program
• Maintain records of financial transactions
• Maintain the general ledger, reconcile banks, credit cards, inventory, accounts payable/receivable, and payroll
• Handle daily banking tasks, including e-transfers and direct deposits
• Post entries to accounts payable and receivable (approximately 2,500 to 3,000 journal entries per year)
• Manage and prepare financial reports and funding completion reports
• Prepare quarterly financial reports for the board
• Assist with preparing year-end reports in collaboration with a designated accounting firm
• Ensure compliance with financial regulations and standards
• Identify and manage financial risks, including cash flow and budgeting

Reporting and Budgeting

• Prepare regular financial reports
• Work with the team to develop and manage the annual budget
• Work with the Event Coordinator to track event budgets
• Monthly Board Reports

Funding and Grants

• Work with the Executive Director and Program Manager to complete funding applications and final reports (regional, provincial, and national)
• Track and report on the use of grant funds

Audit and Compliance

• Prepare and assist in internal and external audits

Qualifications

• Strong understanding of generally accepted accounting and bookkeeping principles and practices
• Proficiency with accounting programs such as  QuickBooks Online, etc.
• Excellent time-management, organizational, communication, and analytical skills
• A minimum of five (5) years of related work experience or a combination of post-secondary training and experience
• Proficiency in English

Job Details

• In-Office, Full-time permanent position
• 37.5 hours per week, Monday to Friday
• Salary: $50,000 to $58,000 per year (DOE)
• Full benefit plan (Dental, Health, Vision through Chamber of Commerce)
• 3 weeks of vacation to start

Please submit your resume and cover letter digitally to [email protected] before July 26^th. The successful applicant will begin as early as August 1st.

Music PEI recognizes the systemic discrimination that Black, Indigenous, Persons of Colour, Transgender/Gender Diverse, and many other groups have historically experienced and continue to face in our society. Music PEI is an equal-opportunity employer committed to being an inclusive, welcoming, and unbiased employer. We encourage members of these communities to apply for this position. Candidates are welcome to self-identify in their applications.