Financial Analyst, Financial Planning & Analysis (Future Opportunities)

Fengate Asset Management; Oakville; Hybrid; CAD 60,000 - 75,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

Fengate Asset Management in Oakville is seeking an FP&A professional to lead end-to-end financial forecasting, planning and budgeting for infrastructure and real estate funds.

You will own variance analyses, quarterly valuations and internal monthly dashboards, collaborating with asset management and reporting teams. A proactive, organized mindset and strong Excel modelling are essential, with PowerBI experience a plus.

Qualifications

• Undergraduate degree in accounting or finance.
• CPA designation pursued or enrolled.
• Strong Excel modelling and analytical skills.
• Excellent communication and collaboration abilities.

Responsibilities

• Own financial models for forecasting, budgeting and valuation analysis.
• Prepare monthly reporting dashboards and variance commentary.
• Support investor requests and portfolio-level analyses.
• Collaborate with asset management and fund reporting teams.

Skills

Excel modelling

Analytical skills

Communication skills

Team player

Curious / proactive

PowerBI

Yardi

Education

Bachelor's degree in accounting or finance

CPA designation in progress

Tools

PowerBI

Yardi

Job description

Company Overview

Fengate Asset Management is a leading alternative investment manager focused on infrastructure, private equity, and real estate strategies. Founded in 1974 in Hamilton, Ontario, and with over 250 team members across Canada and the U.S., Fengate is one of the most active real asset and growth equity investors in North America. The firm currently manages over C$10 billion in capital commitments in support of more than C$40 billion in gross asset value, on behalf of over 60 institutional investors across North America, Europe, and Asia.

Company Overview

Fengate Asset Management is a leading alternative investment manager focused on infrastructure, private equity, and real estate strategies. Founded in 1974 in Hamilton, Ontario, and with over 250 team members across Canada and the U.S., Fengate is one of the most active real asset and growth equity investors in North America. The firm currently manages over C$10 billion in capital commitments in support of more than C$40 billion in gross asset value, on behalf of over 60 institutional investors across North America, Europe, and Asia.

The firm believes that acting responsibly to its stakeholders and communities is fundamental. Fengate is a signatory of both the Institutional Limited Partners Association (ILPA) Diversity in Action initiative and the United Nations-supported Principles for Responsible Investment, integrating environmental, social and governance (ESG) principles into all stages of the firm’s investment process. In 2021, Fengate established its ESG Committee and its EBID (Equity, Belonging, Inclusion and Diversity) Think Tank, consisting of leaders and employees of all backgrounds and levels throughout the firm, to advance and govern the ESG and EBID objectives.

Fengate has achieved Platinum Club member status as one of Canada’s Best Managed Companies, retaining this designation since 2007, and has been certified as a Great Place to Work®. Over the past year, Fengate was named one of Canada’s Best Workplaces™ (#4 for companies with 100-999 employees) and as a Best Workplace™ for Financial Services & Insurance, Inclusion, Women, Today’s Youth, Mental Wellness, Giving Back, and Most Trusted Executive Teams.

The firm has also been recognized with Waterstone Human Capital’s 2022 Most Admired Corporate Cultures™ award. This program recognizes best-in-class organizations for having cultures that have helped them enhance performance and sustain a competitive advantage. Only 50 organizations are awarded this prestigious corporate culture award each year.

OPPORTUNITY

The individual will be responsible for the end-to-end financial forecasting, planning and budgeting processes, operating plan variance analyses, investor return analysis, quarterly valuations, and internal monthly reporting dashboards. This role will have the opportunity to interact closely with the Asset Management and Reporting teams.

The successful candidate will be a self-starter and genuinely curious; that enjoys working in a fast-paced environment; has the ability to stay organized and efficiently prioritize and work under tight timelines. The individual is process oriented with a high sense of ownership in their work; and eager to learn all aspects of a career in FP&A.

Role Allocation

Infrastructure: This role will support fund operations, investor and internal reporting, financial analysis, tax, treasury and liquidity management, and compliance of Fengate’s Infrastructure Funds. This role will interact closely with the asset management team, investment team, the fund administrator, investor relations team, tax team and external investors

or

Real Estate: The individual will be responsible for the end-to-end financial forecasting, planning and budgeting processes, variance analysis, investor return analysis, quarterly valuations, and internal monthly reporting dashboards.

Key Responsibilities

• Ownership of the projects’ financial and compliance requirements, and acting as the finance first point of contact for the Value Creation & Asset Management, Fund Reporting and Financial Reporting teams
• Working with the Value Creation & Asset Management team to manage the operational financial models for the projects and related analysis, including managing valuations.
• Maintenance of monthly performance reporting including analysis and commentary on KPI’s to provide insight into budget variances and market trends.
• Continuous automation and process improvement to enable more efficient and accurate workflows, and to reduce risk of error.
• Understand and model the impacts of revenue and cost assumption changes to forecasts and budgets.
• Maintain and enhance financial models to project key performance metrics such as cash flow, margin returns, operating returns, IRR, ROIC, MOIC, NPV, etc.
• Assist with ad-hoc investor requests, project analysis, and portfolio-level analysis as required.

Key Qualifications

• Undergraduate degree completed in accounting or finance is required.
• Further education and/or working towards finance/accounting designations (i.e., enrollment in programs such as CPA).
• Strong excel modelling and analytical skills.
• Genuinely curious with a desire to understand key metrics and drivers.
• Minimum of one to two years with development or corporate or real estate accounting or FP&A experience is an asset.
• Experience with PowerBI dashboarding is an asset.
• Experience in Yardi or another asset management/ERP system is an asset.
• 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.

Hybrid: 2-3 days in office

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.

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.

PAY RANGE

The Expected Base Pay Range For This Position Is

$60,000.00 - $75,000.00

Oakville

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.