Director of Real Estate Finance

IS2 Staffing Services; Vaughan; On-site; CAD 80,000 - 120,000; Full time

Job summary

A real estate investment group in York Region is seeking a Director of Real Estate Finance. This senior role involves establishing the finance function, preparing financial statements, and leading budgeting processes. Candidates should have 7-12 years of experience in real estate finance with strong communication and leadership abilities. The position offers an annual salary range of CAD $80,000–$120,000 along with health insurance eligibility after 6 months.

Benefits

Health insurance eligibility after 6 months

Qualifications

• 7-12 years of experience in real estate finance or property accounting.
• Strong understanding of industrial, retail, and/or office real estate operations.
• Proven experience with CAM/TMI budgeting and reconciliations.
• Strong communication, leadership, and problem-solving abilities.

Responsibilities

• Prepare monthly financial statements and maintain GL accuracy.
• Produce monthly reporting packages (P&L, cash flow, etc.) and maintain audit-ready records.
• Lead annual operating budgets and build multi-year cash flow forecasts.
• Prepare year-end audit working papers and manage lender reporting.
• Implement and optimize property management/accounting systems.

Skills

Real estate finance

Property accounting

Financial modeling

Excel

Communication

Leadership

Problem-solving

Education

CPA designation (preferred)

Tools

Yardi

MRI

Job description

Our client is a dynamic, mid‑sized real estate investment group with a diversified portfolio of approximately 2 million sq. ft. across industrial, retail, and office assets, held through 14 GP/LP and corporate entities. As they build their new in‑house property management company, they are seeking a Director of Real Estate Finance to establish, lead, and scale the finance and accounting function.

This is a senior, hands‑on leadership role well suited for someone who thrives in an entrepreneurial, fast‑paced environment and is eager to build processes, systems, and a high‑performing team from the ground up.

Key Responsibilities

• Prepare monthly financial statements, maintain GL accuracy, align rent rolls, and complete bank reconciliations across multiple properties and entities.
• Produce monthly reporting packages (P&L, cash flow, rent roll, variance analysis) and maintain audit‑ready financial records.
• Lead annual operating budgets, build multi‑year cash flow forecasts, and support CAPEX planning and long‑term maintenance programs.
• Manage CAM/TMI budgeting, allocations, and year‑end reconciliations; ensure accurate tenant recoveries and strengthen cost allocation processes.
• Prepare year‑end audit working papers, act as primary contact for auditors, and manage all lender reporting (financials, rent rolls, DSCR/LTV calculations, CAM/TMI packages, covenant tracking).
• Support refinancing, loan renewals, and lender due diligence.
• Build financial models for acquisitions/refinancing; perform NOI, cap rate, DSCR, IRR, and sensitivity analyses; prepare investment memos and support due diligence.
• Implement and optimize property management/accounting systems (Yardi, MRI), drive automation and process improvements, and establish strong internal controls.
• Lead and mentor property accounting staff as the finance function scales.

Qualifications

• 7–12 years of experience in real estate finance or property accounting.
• Strong understanding of industrial, retail, and/or office real estate operations.
• Proven experience with CAM/TMI budgeting and reconciliations.
• Advanced financial modeling skills (NOI, DSCR, IRR, refinancing scenarios).
• Strong Excel capabilities; experience with Yardi/MRI is a major asset.
• CPA designation preferred (or strong accounting foundation).
• Experience working with lenders, auditors, and ownership groups.
• Demonstrated ability to build processes, systems, and teams from scratch.
• Strong communication, leadership, and problem‑solving abilities.
• Ability to excel in a high‑accountability, entrepreneurial environment.

Benefits

• Annual salary: CAD $80,000–$120,000.
• Health insurance eligibility after 6 months of employment.

APPLY

Please submit your resume, phone number, and email through the application portal. Our recruiters will review your application and contact you promptly.