Senior Financial Analyst

Vaco; Toronto; On-site; CAD 99,000 - 121,000; Full time

Job summary

Vaco is seeking a Senior Financial Analyst to support monthly, quarterly, semi-annual, and annual reporting across a real estate and retirement living portfolio. The role emphasizes financial reporting, portfolio analytics, budgeting, forecasting, variance analysis, cash flow forecasting, financial modelling, and executive reporting.

You will partner with finance, accounting, operations, and leadership to provide insights, build dashboards, and support strategic planning and capital decisions.

Qualifications

• Bachelor’s degree in finance, accounting, economics, or related field.
• 2–4 years of experience in accounting or financial analysis, real estate investment, and asset management.
• Strong proficiency in Excel and financial modeling; PowerPoint is required; Argus is an asset.

Responsibilities

• Prepare internal financial reports (income statements, balance sheets, cash flow).
• Conduct variance analysis (actual vs. budget/forecast).
• Develop rolling forecasts and scenario analyses.
• Maintain portfolio dashboards and report to senior management.
• Support lender reporting, budgeting, and annual planning.

Skills

Excel

Financial modeling

PowerPoint

Argus

Education

Bachelor's degree in finance or accounting

Tools

Yardi

Intacct

NetSuite

Argus

Job description

About the Company

Our client is a real estate and senior living company. They are looking for a Senior Financial Analyst who will be responsible for supporting the monthly, quarterly, semi-annual, and annual reporting cycle across the company's real estate and retirement living portfolio. The primary focus of the role is financial reporting, portfolio analytics, budgeting, forecasting, variance analysis, cash flow forecasting, financial modelling, and management reporting.

The position has been created to support increased reporting obligations associated with a new institutional investor partnership and will work closely with finance, accounting, operations, and executive leadership. This is a highly analytical role with exposure to portfolio performance, property-level analytics, strategic planning, executive reporting, lender reporting, acquisitions, financing activities, and business decision support.

Unlike a traditional accounting role, this position has no responsibility for audit, payroll, month-end close, or GST filings. The focus is on analysis, reporting, forecasting, and business partnering.

Why Work Here

• Net new role created to support a major institutional investor partnership
• Highly visible opportunity supporting both finance leadership and executive leadership
• Significant exposure to financial reporting, portfolio analytics, budgeting, forecasting, financial modelling, and strategic planning
• Broad role combining FP&A, reporting, business partnering, and investment analysis responsibilities
• Opportunity to work on a growing real estate and retirement living platform
• Exposure to acquisitions, financing initiatives, development projects, and capital planning
• Opportunity to build and enhance reporting packages, dashboards, models, and analytics processes
• Standalone role with meaningful ownership and influence
• Growing organization with substantial development and investment activity
• Strong exposure to senior leadership and strategic decision making

About the Opportunity

Financial Reporting and Analysis (50%)

• Prepare internal financial reports, including income statements, balance sheets, and cash flow summaries
• Conduct detailed variance analysis (actual vs. budget, forecast, and prior periods)
• Prepare in depth analysis of the various revenue and expense streams
• Analyze key drivers of financial performance and provide commentary for management
• Support preparation of management reporting packages and executive presentations
• Assist in quarterly and annual financial statement preparation
• Validate financial data inputs and ensure alignment with accounting records
• Assist in developing rolling forecasts and scenario analyses
• Maintain up-to-date portfolio dashboards across income-producing properties (occupancy, rent roll, leasing activity, capital expenditures, NOI performance)
• Analyze monthly/quarterly property performance and identify variances, trends, and risks
• Assist in annual budgeting and reforecasting for properties
• Analyze actual to budgeted results and provide relevant explanations with the reporting
• Support cash flow forecasting at both property and consolidated levels
• Perform ad hoc financial analysis as requested by senior management
• Prepare ad hoc analysis for senior management, including scenario testing, sensitivity analysis, and strategic planning support
• Provide financial insights to support operational decision-making
• Assist non-finance stakeholders in understanding financial results and budget implications
• Support corporate initiatives related to financing, refinancing, capital raising, and long-term planning

Accounting & Finance Integration (25%)

• Work closely with the accounting team to reconcile financial model assumptions with actual results and GL data
• Review monthly financial statements for key properties and entities, preparing variance explanations where required
• Work with Argus to maintain office rent rolls and budgets
• Ensure capitalization, cost allocations, and intercompany transactions reflect proper treatment for development projects
• Assist with lender reporting, covenant tracking, and draw requisitions
• Support audit and tax package preparation by gathering required schedules and documentation

Data, Systems & Process Improvement (15%)

• Improve internal data structures for forecasting, reporting, and analytics (e.g., rent roll integration, cost tracking)
• Assist in transitioning to new accounting or asset management systems as required (e.g., Yardi, Intacct, NetSuite)
• Develop templates, dashboards, and standardized reporting packages for use across departments

Investment Analysis Support (10%)

• Build and maintain detailed financial models
• Assist with due diligence for new acquisitions and developments, including market research, rent/expense benchmarking, sales comparables, and risk assessment
• Collaborate with development and construction teams to update pro formas based on changing project costs, timelines, and program adjustments

About You

• Bachelor’s degree in finance, Accounting, Economics, or related field
• 2–4 years of experience in accounting or financial analysis, real estate investment, and asset management
• Experience working with full cycle accounting processes
• Advanced proficiency in Microsoft Excel and strong financial modeling skills (PowerPoint required; Argus is an asset)
• Exceptional attention to detail, analytical thinking, and communication skills

Salary Range

Up to $110,000

This position for employment is for a current vacancy with Vaco/Highspring’s client. You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.

Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company’s 401(k) retirement plan. Additional disclaimer: Unless otherwise noted in the job description, the position Vaco/Highspring is filing for is occupied. Please note, however, that Vaco/Highspring is regularly asked to provide talent to other organizations. By submitting to this position, you are agreeing to be included in our talent pool for future hiring for similarly qualified positions. Submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. Further assessment of candidates beyond this initial phase within Vaco/Highspring will be otherwise assessed by recruiters and hiring managers. Vaco/Highspring does not have knowledge of the tools used by its clients in making final hiring decisions and cannot opine on their use of AI products.