Financial Analyst

  • Location: Richmondhill, Ontario
  • Type: Permanent
  • Job #1055

We are recruiting for a Financial Analyst on behalf of our client, a master-planned community builder located in Richmond Hill. This Financial Analyst position reports to the CFO and will support divisional managers in budget forecasts, IRR analysis, cash flow projections and various financial reports.  

Job Responsibility:

  • Build, maintain, and update accurate cashflow forecast for development projects
  • Review project job cost and prepare variance analysis by comparing and analyzing actual results with plans and forecasts. Identifying major risk area, trend and recommending actions to management
  • Perform monthly reports, cost analysis and enforcing internal policies and procedures
  • Work very closely with Construction team to ensure savings & extras are properly translated into appropriate financial results – understand and meet their reporting needs and update on project cost-to-complete
  • Create proforma scenarios and cash flow projections in collaboration with development and construction departments
  • Prepare monthly reporting packages for investors including banks and joint-venture partners
  • Analyse expense reports and VISA payment to ensure proper cost allocation to projects
  • Prepare journal entries for month-end closings & year-end adjustments
  • Assist with the preparation of project budgets
  • Assist in the preparation and processing of monthly construction draw
  • Prepare year-end working paper for audit
  • Identify opportunities and challenges that affect financial results
  • Continuously seeking for ways to enhance efficiencies in reporting process; and
  • Perform ad-hoc projects, analysis and reporting as required

Candidate Qualifications & Experience:

  • Minimum of 3 years working in Construction and Real Estate Development;
  • University Degree in Accounting, Finance and Economic;
  • Must be currently enroll and / or pursuing the Chartered Professional Accountants (CPA) Designation
  • Advanced knowledge of Microsoft Excel & Word
  • Passion for real estate development and finance with a proactive and independent nature including strong organizational, analytical and problem-solving skills
  • Ability to prioritize tasks and work on multiple assignments in a team environment
  • Working knowledge in Constellation New Star Enterprise is considered an asset
  • Superior communication and interpersonal skills