Manager, Project Finance

Vaco by Highspring; Hamilton; On-site; CAD 115,000 - 130,000; Full time

Job summary

A rapidly growing boutique residential development company in Ontario is seeking a Manager, Project Finance. The role involves developing financial reports, preparing equity and debt draws, and monitoring budgets for ongoing development projects. Ideal candidates should have at least 4-5 years of relevant experience, with a CPA designation considered an asset. The salary range for this position is $115,000 - $130,000 per year.

Qualifications

• Minimum of 4-5 years of experience in project finance.
• Experience on development projects considered a strong asset.

Responsibilities

• Develop and maintain accurate financial reports.
• Prepare equity and debt draws for project ownership.
• Monitor current budgets and actual costs.
• Perform monthly bank and HST reconciliations.
• Ensure timely submission of HST filings.
• Liaise with cost consultants and lenders.
• Prepare year-end financial reports and P&L schedules.

Skills

Financial reporting

Project finance management

Budget monitoring

Reconciliations

Communication with stakeholders

Education

CPA designation

Job description

About the Company

Our client is a boutique residential development company that is rapidly growing. They are looking for a Manager, Project Finance to join their team!

Why Work Here

• Fast growing boutique residential and multi-residential real estate portfolio that is serving the GTA community
• Company is comprised of entrepreneurial leaders

Opportunity to progress and head the Finance team in future

Massive pipeline of current and upcoming development projects that this position will be able to get involved with

About the Opportunity

• Develop and maintain accurate financial reports for internal and external stakeholders of projects, on a timely basis;
• Prepare equity and debt draws for project ownership entities, partnerships, and joint ventures consistent with their respective legal structures, and in coordination with cost consultants and construction lenders
• Prepare and review monthly Job Cost reports, monitor current budgets and actual costs and propose budget transfers, when appropriate;
• Perform monthly bank and HST reconciliations and ensure HST filings are submitted on a timely basis, in accordance with CRA requirements;
• Ensure that invoices are entered into the system correctly by AP Clerks and that all the relevant supporting schedules are complete and accurate;
• Liaise with cost consultants and lenders to ensure monthly project monitor reports are completed accurately and that the funding is issued on time;
• Monitor working capital balances, analyze project cost requirements and prepare funding schedules to be used when issuing capital calls to the partners;
• Review monthly construction progress billing packages, to ensure these are prepared accurately and that all the required statutory documents are included;
• Prepare year-end financial reports and P&L schedules and provide all required information to external accountants for preparation of financial statements and tax filings;
• At the time of project completion, prepare SOA and Final Closing trackers and ensure that all the SOAs are accurate and that all the closing funds received tie to our records;
• Support internal teams with requested financial analysis on an ad‑hoc basis;
• Perform other accounting duties, as required.

About You

CPA designation considered an asset

Minimum of 4-5 years of experience in a similar role; project finance experience on development projects is considered a very strong asset

Salary Range

$115,000 - $130,000 / 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.

Application Reference

When referencing this job, quote #460372

Location Requirement

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity.

EEO Notice

Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and / or to receive other benefits and privileges of employment, please contact [e-mail] .

Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal .

By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.