Financial Analyst, Real Estate Developments

OPPORTUNITY

The financial analyst will report into the Senior Manager of Finance, Real Estate Developments. The individual will be responsible for maintaining up to date financial records, handling day to day matters and reporting for Fengate’s Real Estate internal development properties. This role will have the opportunity to interact closely with the Development team, the Investment team and the Finance Funds team and Accounts Payable. The role will be part of a team among other 6 employees.

The successful candidate will be a self-starter and genuinely curious; that enjoys working in a fast-paced environment; has the ability to multi-task and efficiently prioritize and work under timelines. The individual is detail and process oriented with a high sense of ownership in their work; and has a strong foundation accounting and reporting.

KEY RESPONSIBILITIES

• Maintain the books of record for land and construction development projects including ownership of the construction general ledger, accounts payable and financing functions for Fengate’s real estate development projects
• Oversight and mapping of any third-party accounting providers, bank Reconciliations, filing HST returns and lead CRA audits
• Prepare financials and reporting packages to management and partners with high attention to detail
• Prepare monthly draw funding packages for construction lenders and investment partners while reconciling invoices to approved budgets, providing value add commentary and context for reviewers
• Update, reconcile, and maintain project budgets and prepare reconciliations between general ledger, construction manager and certified third party issued reports
• Coordinate timely funding of debt to ensure cash management for respective portfolio meets current period costs
• Assist in the creation, maintenance and compliance of master workbooks and take initiative to assist the team to streamline all tasks. Work with the development team to deliver best in class financial support and thoughtfully attend to their questions
• Liaison with AP closely to organize, code, and submit vendor invoices for payment in a timely manner
• Set up of bank accounts, CRA accounts and entities for new development projects
• Assist with any year end audit requests for all development projects
• Perform ad hoc accounting and analytical procedures as requested by management

KEY QUALIFICATIONS

• Undergraduate degree completed in accounting or finance is required
• Further education and/or working towards accreditations, enrollment in CPA program with proven progression through the program
• Minimum of one year in development or corporate accounting experience or internship required
• Knowledge of ASPE or other generally accepted accounting principles is an asset
• Strong knowledge of Microsoft products, specifically Excel, Word, and PowerPoint
• Genuinely curious with a desire to understand key metrics and drivers
• Excellent communication skills, proactive nature, team player, desire to deliver highest and best results
• Ability to form collaborative working relationships and foster great culture 

CORE COMPETENCIES

• Being Authentic –Inspiring trust and being courageous.
• Focusing on Performance –Being accountable and driving results.
• Understanding Stakeholders – Knowing the needs of those who rely on you.
• Building Effective Relationships – Collaboration and communication.

Location & Travel:

The position will be based out of the Oakville office. Fengate offers a Work-Flex policy where employees are allowed to work remotely up to 2 days per week.

Fengate is an equal opportunity employer, we strive to attract and retain a diverse workforce and are committed to promoting diversity, equity, inclusion, and belonging in the workplace. It is a core priority at Fengate to create, operate with, and continuously grow and sustain an inclusive culture that respects and connects the diversity of our team, our clients, our partners, and the communities we work in. 

We are committed to providing accommodation for persons with disabilities. If you require accommodation, we will work with you to meet your needs.

We thank all applicants for their interest in this position; however, only candidates selected for an interview will be contacted.