Senior Financial Analyst, System Transformation

Toronto Community Housing Corporation; Toronto; Hybrid; CAD 107,000 - 118,000; Full time

Benefits offered by this job

Inclusive networks

Vacation days (3+ weeks)

Personal days (4)

OMERS pension

Health and dental benefits

Employee assistance program

Parental leave top up

Tuition reimbursement

Fitness membership discount

Job summary

Toronto Community Housing Corporation is seeking a Finance professional to lead annual budgeting, variance analysis and quarterly reporting. The role supports HoMES/Yardi data initiatives and provides decision support for portfolio planning and property transactions.

The position isHybrid eligible with a 36.25-hour work week, located at 55 John Street, Toronto, within the Finance division. A Chartered Accounting designation along with 5+ years of accounting experience is preferred.

Qualifications

• University Degree in Economics, Finance or Real Estate.
• Accounting designation (CA, CMA, CGA).
• Minimum 5 years accounting experience including some experience with financial and/or enterprise business systems.

Responsibilities

• Prepares and consolidates annual budget with detailed analysis and explanations on variances and prepares quarterly performance reports.
• Conduct analysis to assist with the development of benchmarks and standards.
• Support special projects such as HoMES/Yardi data and reporting objectives and provide feedback on business metrics.
• Assist in the development, standardization and maintenance of data definitions across the organization for projects.
• Consolidate financial analysis for portfolio wide planning including capital plan and refinancing opportunities.
• Prepare financial overviews and materials for property transactions and profiles.
• Perform research and analysis to support HoMES project decision-making.
• Assist with financial requirements, process design, and report specifications for Yardi.
• Maintain forecasting for the annual operating and capital plan and 5- to 10-year projections.

Education

University Degree in Economics, Finance or Real Estate

Accounting designation (CA, CMA, CGA)

5+ years accounting experience

Job description

Vacancy Type: Full-timePermanent

Salary/HourlyRange: $107,358 - $118,094

Work Details (Days/Hours): Monday – Friday 36.25 hours per week

Hybrid Eligible: Yes

Affiliation: Non-Union: Management/Exempt

Divisionand Department: Finance

Location: 55 John Street, Toronto

Number of Vacancies: 1

Existing/New Job: New

Grade: 07

Vacancy Status: New

Candidate List or Eligibility List: Candidate List

What we offer

• Ability to participate in inclusive employee-led networks to educate, inspire, amplify voices, build relationships and provide development opportunities;
• Minimum three (3) weeks of paid annual vacation days, increasing with years of service;
• Four (4) paid personal days;
• Defined benefit pension plan with OMERS, includes 100-per-cent employer matching;
• Health and dental benefits, including a health spending account available upon your start date;
• Employee and family assistance program;
• Maternity and parental leave top up (93% of base salary);
• Training and development programs including tuition reimbursement of $1500 per calendar year.
• Fitness membership discount;

This job offers the opportunity to work from home as part of a hybrid work arrangement. This arrangement will allow you to work some days at a TCHC work location and the rest of the time from home. The amount of time required to work at a TCHC work location is flexible, while considering operational and service delivery requirements.

Make a difference

This position is responsible for providing developing and consolidating the annual TCHC Budget for board approval. In addition, this position prepares quarterly performance reports for the CAAC, property specific financial analysis including projections and modeling for each property in support of strategic planning, portfolio financing and risk mitigation. This position will also provide enhanced financial analysis, controls, and decision support required for the Yardi implementation and other related special projects. As the project progresses through design, configuration, data conversion, testing, cutover, and stabilization.

What you’ll do

• Prepares and consolidates annual budget with detailed analysis and explanations on variances and prepares quarterly performance reports.
• Conduct analysis to assist with the development of benchmarks and standards.
• Support special projects such as TCHC’s HoMES/Yardi data and reporting objectives. Provide feedback on business metrics, performance measures and indicators to ensure the company has the necessary insight to monitor progress and improve business and system processes.
• Assist in the development, standardization and maintenance of data definitions across the organization for projects. Support ad hoc requests as needed
• Assists with consolidation of all property specific financial analysis for portfolio wide financial planning including capital plan, refinancing opportunities and other strategic initiatives
• Prepares financial analysis overviews, presentations, and descriptive materials for property transactions, portfolio and property profiles, including physical, financial, operational and community neighbourhood information.
• Perform research and analysis on a regular and ad-hoc basis to support HoMES project decision-making.
• Assist with financial requirements, process design, and report specifications for Yardi
• Assists in maintaining forecasting for the annual operating and capital financial plan, and assist in developing/monitoring the 5- to 10-year financial projections for the corporation including development initiatives

What you’ll need

• University Degree in Economics, Finance or Real Estate
• Accounting Designation (CA, CMA, CGA)
• Minimum 5 years accounting experience including some experience with financial and/or enterprise business systems