About the Company
Our client is a leading real asset management firm. They are currently looking for a Senior Financial Analyst to join their team!
Why Work Here
About the Opportunity
- Collaborative, supportive culture with ample opportunities to learn and grow
- Work for a fantastic boss and a great mentor that will help develop skills
- Comprehensive salary and benefits package
- Carefully prepare and scrutinize quarterly and annual financial statements for the Master Development Fund, ensuring precision in note disclosures for internal management, investor communication, and year-end audits.
- Manage the consolidated entity's books for the Master Development Fund, overseeing capital subscriptions, commitments workbooks, line of credit utilization, and bank reconciliations.
- Execute day-to-day financial operations for fund investments within the Master Development Fund, handling tasks such as capital call notices, banking compliance, distributions, and intercompany transfers with meticulous attention to detail and a thorough understanding of cash flow.
- Maintain reconciliation workbooks for expenses and cash across various investors within the Master Development Fund.
- Collaborate with operations to grasp the status of development projects, address operational issues, monitor key milestones, construction costs, and other developmental aspects throughout the real estate life cycle
- Review, organize, categorize, and submit vendor invoices promptly for payment, while also managing cash for operating and facility accounts.
- Assist in setting up CRA accounts for new development projects and facilitate the preparation of Limited Partnership, Corporate, and Trust returns on an annual basis.
- Collaborate with the investments team, development team, and Finance to prepare quarterly investor reports detailing investment performance.
- Cultivate strong working relationships across various business units, actively seeking opportunities for the finance function to serve as a strategic business partner.
- Gain a comprehensive understanding of cash sources and uses related to deployed equity, partner equity, and debt.
- Identify trends in returns and promptly escalate instances of non-performance or performance below expectations to the appropriate management levels.
- Provide personal insights into asset performance, connecting operational matters, key milestone achievements, and/or development delays to shape expectations regarding returns.
- Address ad hoc investor reporting needs as they arise.
- Oversee, track, and offer value-added feedback on our overall capital allocation structure, taking into account deployed funds and those available for future deployment, including available capital for recycling.
- Comprehend the implications of changes in capital and distribution assumptions on fund returns, reporting note disclosures, and the impact on investors.
- Cultivate positive business relationships with the operations team, finance team, and other stakeholders.
- Recognize and implement continuous process improvements across various areas of responsibility.
- Provide support for ad hoc projects as needed.
- CPA designation or near completion
- 3+ years of relevant experience in the industry with desire to grow
- Experience working in the space of asset management, real estate, private equity, land development or construction teams is an asset but not required
- Prior experience with fund reporting (open or closed ended funds) is an asset but not required
- Strong Excel modelling skills, ability to construct professional PowerPoint presentations
- Strong understanding of statement of earnings, balance sheet, cash flows, IRR, ROIC, etc.
- Keen sense of how consolidated financial statements and note disclosures need to be presented and reviewed
- Strong understanding of accounting principles, ASPE, GAAP, etc.
$85,000 - $92,000/year
How 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 #397696.
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.