Director of Finance

Job title:

Director of Finance

Company

Vaco

Job description

About the Company
Our client is a global alternative asset management company. They are currently looking for a Director of Finance to join their team!Why Work Here

• Collaborative culture and high-performing teams
• Opportunities to progress within the organization
• Work closely with senior leadership to drive the growth of the business
• Excellent compensation package

About the Opportunity

• Team Management

• Train, mentor and motivate a team of 2-3 finance professionals
• Review work of team members and provide feedback for improvement
• Monitor and analyze team performance to achieve performance targets
• Lead, coach, develop and evaluate team members
• Reporting – Fund reporting and investment property reporting

• Review financial statements and investment reporting prepared in accordance with US GAAP – Investment Company Accounting and IFRS
• Manage the external audit and tax reporting process with Big 4 firms
• Provide oversight over quarterly reporting deliverables, including board meeting materials
• Manage investments

• Prepare/review various financial information and analytics to ensure accuracy of reporting as well as optimal performance
• Prepare/review stakeholder reporting including lenders, parent companies, fund investors, tax and other regulatory authorities
• Prepare/review materials for valuation meeting, board meeting and quarterly results meeting
• Review financial and management reporting for real estate portfolio assigned, including preparing and analyzing return goals (IRR, MOC, TWR)
• Ensure lender compliance, REIT compliance, legal entity protocol compliance, statutory compliance, governance & control testing, etc.
• Onboarding and offboarding investments – including review of organizational structures, review of fund flow in close coordination with tax, open bank accounts, review loan agreements, review cash management agreements, review closing statements and prorations, purchase price allocations and acquisition opening entries / divestiture entries, onboard third-party property managers, etc.
• Financial, Planning & Analysis

• Review valuation models
• Work with asset management team to develop an annual budget as well as a 5-year business plan
• Assist with regular forecasting/reforecasting and related analytics and review
• Monitor liquidity and assess capital needs for the business
• Assist with value-add initiatives

• Assist as needed with due diligence related to refinancing, dispositions, development and re-development
• Identify areas for process improvement and enhancement; design and implement automation improvement
• Assist with system enhancements with focus on making scalable for future growth and increase efficiency
• Assists and liaise with tax consultant, as necessary for real estate tax reassessment and appeals

About You

• Recognized professional accounting designation (CPA, CA preferred)
• Professional accounting designation with at least 7+ years of progressive work experience with a mix of public accounting and industry experience; experience in real estate is considered an asset
• Minimum of 3+ years of experience managing and mentoring a finance team
• Experience in accounting / consolidation systems (i.e. Microsoft Dynamics, Yardi, JD Edwards, Hyperion, OneStream, etc.) and adaptability with learning new applications
• Advanced knowledge of Microsoft Excel and PowerPoint
• Understanding and interest in real estate and financial markets

Salary Range
$135,000 – $145,000/yearHow 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 #409245.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.

Expected salary

$140000 – 150000 per year

Location

Toronto, ON

Job date

Thu, 02 May 2024 06:27:30 GMT

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