Director, Finance

About the Company

Our client is a highly successful Condominium and Commercial Real Estate Developer with operations across Canada and the USA. This role will be based at their Canadian Corporate HQ in Mid-Town Toronto, with free parking and nearby amenities in an impressive office space. As an integral member of the senior management team and a key leader within the financial reporting and corporate finance team, this role involves daily business partnering with the executive leadership team. The company has aggressive growth aspirations, and the leadership team prioritizes promoting from within for those who align with the company’s growth objectives. If you are looking for a role with leadership opportunities, mentorship, and ownership of full financial statements, while being supported by a strong shared services team, this is the place for you.

Selling Features

• Generous vacation and holiday package
• No weekend work required
• Prime office location – TTC accessible
• Room for promotion and career growth
• Additional perks at time of offer
• Advanced finance and accounting systems – Yardi

About the Role

This role involves taking ownership of financial statement preparation, management reporting packages, and treasury processes for multiple real estate initiatives under development. You will receive training in your initial weeks, gradually taking on assignments within these areas.

Key Responsibilities

• Financial Statements: Take ownership of financial statement preparation, management reporting packages, budgeting, and forecasting processes for one to five major real estate developments. Lead and prepare monthly and year-end financial statements.
• Treasury: Prepare monthly financial draw packages, ensure effective communication with construction teams and third-party consultants for timely funding. Manage monthly cash flows, account reconciliations, project cash management, and ensure project funding availability. Sign off on bank reconciliations, HST filings, and internal documentation.
• Reporting & Financial Analysis: Prepare monthly management discussion and analysis (MD&A) packages, conduct financial analysis, and present verbal and written commentary.
• Financial Planning & Analysis: Review budgets and forecasts, identify potential cost savings, and collaborate with management and construction teams. Prepare pro-forma reports, evaluate financial performance, and recommend actions for project completion.
• Legal & Administrative: Verify and reconcile construction contracts, customizations, and upgrade verifications.
• Business Partnering: Support team members and other departments as required.
• Corporate & Indirect Tax: Assist with corporate income tax forecasting and budgeting.
• External Audit: Participate in and lead the external audit process, addressing queries as needed.
• Special Projects: Contribute to various ad-hoc projects, including training new hires, supervising junior staff, and process/system enhancements focused on data visualization and automation. Help create structures for new business accounting and drive improvements in financial reporting processes.
• Internal Control: Implement and monitor internal controls across critical processes, ensuring adherence and efficiency within the internal control framework.

About the Candidate

• CPA designation required
• Preference for candidates with real estate industry experience or strong interest in this field
• Experience in real estate development or a background in a Big 6 firm is highly desired
• Strong communication skills
• Full-time, in-office work (5 days per week) required