Director of Finance (18-Month Contract)
Centurion Asset Management Inc.
Date: 1 hour ago
City: Toronto, ON
Contract type: Contractor
This Who We Are
Centurion Asset Management Inc. is a recognized leader in the Investment and Property Management industries. Providing quality investments and housing for all its clients, our experienced team comprised of more than 350 Employees is a core component of Centurion’s success since 2003. Centurion Apartment Real Estate Investment Trust (“REIT”) owns more than 22,000 multi-family apartment units and student housing beds across 46 cities in Canada and the United States. Since day one, our goal has been to provide Residents and their families with clean, safe, and comfortable homes. The REIT provides investors an opportunity to invest in a diversified portfolio of rental apartments and student housing properties, as well as mortgage and equity investments in property developments, across Canada and the United States and participate in the profits derived from them.
Our Mission
Our mission is to be sought after as a leading-edge, reputable, multi-disciplinary alternative asset manager; to capitalize on opportunities in new and interesting investment strategies that meet our mission to Investors; and to embrace change, experimentation, innovation and learning from failure to make continual improvements that drive our success and keep us ahead of our competitors.
Our Values
Our core values can be summarized by the acronym RISE: Respect for our Investors, our Residents, Co-workers, Partners and Communities; Integrity in everything we do, demonstrating sincerity, honesty and the will to do it right; Simplicity free of pretension and hassle, full of value and common sense; and Excellence in offering all our Clients and Partners exceptional products and services quality, as well as providing our Employees with an excellent workplace.
Why Employees Want to Work with Us
We provide an inclusive environment where all employees are valued and supported. Over the years, we developed a work culture where the potential of every employee is maximized, and everyone has equal opportunities for growth. For certain roles, we offer numerous employee perks, including: Competitive Total Rewards Packages; Comprehensive Benefits Plan including Medical, Dental, and Vision Care; Flexible Work Week Schedules; Vacation Policy based on Length of Service; Summer and Holiday Hours Programs; Centurion Learning Academy; Opportunities for Growth; Education Reimbursement Policy; Mentoring Program; Employee Referral Program; Ergonomic Workstations Equipped with Standing Desks; Discounted Gym Membership; Company-wide Internal Communication Platforms; Employee Volunteer Opportunities; Quarterly Townhall Meetings and Social Gatherings; Employee Innovation Program; and Corporate Discount Card.
Overview
Reporting to the Vice President of Finance, the Director of Finance is responsible for managing all finance and accounting related duties for Centurion Asset Management Inc., including the completion of all internal and external financial reports and the coordination of the year-end audit process. The Director of Finance is accountable for ensuring that constant adherence to internal financial controls and International Financial Reporting Standards (IFRS) are maintained at all times. The role would encompass the following: 25% Financial Reporting, 25% process re-engineering and implementation, 25% team resource management and support and 25% special projects.
Responsibilities
Financial Control and Risk Management
Ensure the efficient and effective management of all financial functions for Centurion. Develop and monitor compliance of internal financial controls to ensure that the organization is protected from risk and that all statutory requirements of Centurion and its family of companies are met. Oversee the preparation of timely bank reconciliations, monitoring cash flow movement, completing regular cash flow forecasting and initiating the transfer of funds. Monitor debt levels and compliance with debt covenants, coordinating mortgage/debt funding and discharge. Assist with the successful financing of new acquisitions by arranging closing funds and refinancing existing debt obligations. Assist with the management of Centurion's funds, processing monthly cash distributions and redemptions, reconciling units, funds, and distribution amounts with accounting records, and assisting with the monthly NAV calculation. Complete corporate accounting duties, maintaining accounting records of ancillary companies.
Financial Reporting
Oversee the preparation of quarterly consolidated financial statements and notes to the financial statements for three mutual fund trusts in accordance with IFRS. Participate in the completion of Management Discussions and Analysis as well as Annual Reports. Assist with the quarterly portfolio valuation process and manage the preparation and review of monthly reporting packages. Research and monitor the development of new accounting standards and assess the impact of the new standards. Develop new financial reports in the accounting system as required.
Operational Accounting
Work closely with the Executive Vice President of Residential Operations and the Director of Asset Management to ensure financial information is provided on a timely and accurate basis; resolving issues related to revenue and property accounting as necessary.
Compliance and Audit
Maintain relationships with Auditors, acting as the main point contact for any audits of Centurion related vehicles and other accounting related matters. Maintain established audit systems and procedures, preparing audit working papers and schedules accurately and resolving any audit issues efficiently to ensure minimized audit costs to the extent possible.
Other Duties
Provide leadership and direction to a team and work in a team environment. Develop, monitor and evaluate projects with multiple deliverables and deadlines. Develop and foster positive relationships with internal and external stakeholders. Ensure proactive timely resolution of all co-worker inquiries. Lead, motivate and mentor the finance team, addressing performance issues as required. Complete other duties as assigned.
Requirements
Centurion Asset Management Inc. is a recognized leader in the Investment and Property Management industries. Providing quality investments and housing for all its clients, our experienced team comprised of more than 350 Employees is a core component of Centurion’s success since 2003. Centurion Apartment Real Estate Investment Trust (“REIT”) owns more than 22,000 multi-family apartment units and student housing beds across 46 cities in Canada and the United States. Since day one, our goal has been to provide Residents and their families with clean, safe, and comfortable homes. The REIT provides investors an opportunity to invest in a diversified portfolio of rental apartments and student housing properties, as well as mortgage and equity investments in property developments, across Canada and the United States and participate in the profits derived from them.
Our Mission
Our mission is to be sought after as a leading-edge, reputable, multi-disciplinary alternative asset manager; to capitalize on opportunities in new and interesting investment strategies that meet our mission to Investors; and to embrace change, experimentation, innovation and learning from failure to make continual improvements that drive our success and keep us ahead of our competitors.
Our Values
Our core values can be summarized by the acronym RISE: Respect for our Investors, our Residents, Co-workers, Partners and Communities; Integrity in everything we do, demonstrating sincerity, honesty and the will to do it right; Simplicity free of pretension and hassle, full of value and common sense; and Excellence in offering all our Clients and Partners exceptional products and services quality, as well as providing our Employees with an excellent workplace.
Why Employees Want to Work with Us
We provide an inclusive environment where all employees are valued and supported. Over the years, we developed a work culture where the potential of every employee is maximized, and everyone has equal opportunities for growth. For certain roles, we offer numerous employee perks, including: Competitive Total Rewards Packages; Comprehensive Benefits Plan including Medical, Dental, and Vision Care; Flexible Work Week Schedules; Vacation Policy based on Length of Service; Summer and Holiday Hours Programs; Centurion Learning Academy; Opportunities for Growth; Education Reimbursement Policy; Mentoring Program; Employee Referral Program; Ergonomic Workstations Equipped with Standing Desks; Discounted Gym Membership; Company-wide Internal Communication Platforms; Employee Volunteer Opportunities; Quarterly Townhall Meetings and Social Gatherings; Employee Innovation Program; and Corporate Discount Card.
Overview
Reporting to the Vice President of Finance, the Director of Finance is responsible for managing all finance and accounting related duties for Centurion Asset Management Inc., including the completion of all internal and external financial reports and the coordination of the year-end audit process. The Director of Finance is accountable for ensuring that constant adherence to internal financial controls and International Financial Reporting Standards (IFRS) are maintained at all times. The role would encompass the following: 25% Financial Reporting, 25% process re-engineering and implementation, 25% team resource management and support and 25% special projects.
Responsibilities
Financial Control and Risk Management
Ensure the efficient and effective management of all financial functions for Centurion. Develop and monitor compliance of internal financial controls to ensure that the organization is protected from risk and that all statutory requirements of Centurion and its family of companies are met. Oversee the preparation of timely bank reconciliations, monitoring cash flow movement, completing regular cash flow forecasting and initiating the transfer of funds. Monitor debt levels and compliance with debt covenants, coordinating mortgage/debt funding and discharge. Assist with the successful financing of new acquisitions by arranging closing funds and refinancing existing debt obligations. Assist with the management of Centurion's funds, processing monthly cash distributions and redemptions, reconciling units, funds, and distribution amounts with accounting records, and assisting with the monthly NAV calculation. Complete corporate accounting duties, maintaining accounting records of ancillary companies.
Financial Reporting
Oversee the preparation of quarterly consolidated financial statements and notes to the financial statements for three mutual fund trusts in accordance with IFRS. Participate in the completion of Management Discussions and Analysis as well as Annual Reports. Assist with the quarterly portfolio valuation process and manage the preparation and review of monthly reporting packages. Research and monitor the development of new accounting standards and assess the impact of the new standards. Develop new financial reports in the accounting system as required.
Operational Accounting
Work closely with the Executive Vice President of Residential Operations and the Director of Asset Management to ensure financial information is provided on a timely and accurate basis; resolving issues related to revenue and property accounting as necessary.
Compliance and Audit
Maintain relationships with Auditors, acting as the main point contact for any audits of Centurion related vehicles and other accounting related matters. Maintain established audit systems and procedures, preparing audit working papers and schedules accurately and resolving any audit issues efficiently to ensure minimized audit costs to the extent possible.
Other Duties
Provide leadership and direction to a team and work in a team environment. Develop, monitor and evaluate projects with multiple deliverables and deadlines. Develop and foster positive relationships with internal and external stakeholders. Ensure proactive timely resolution of all co-worker inquiries. Lead, motivate and mentor the finance team, addressing performance issues as required. Complete other duties as assigned.
Requirements
- Completion of a bachelor’s (or Master’s) degree in Finance and/or Accounting;
- CPA designation;
- 5 years’ of external reporting and corporate finance experience; public and/or private real-estate industry experience preferred;
- Demonstrated high level of leadership and managerial skills;
- Extensive knowledge of IFRS, tax laws and regulations;
- Excellent command of Excel with strong verbal, analytical, organizational and written skills; and
- Experience with Yardi property management accounting system considered an asset.
- This is an 18-month maternity leave contract position.
How to apply
To apply for this job you need to authorize on our website. If you don't have an account yet, please register.
Post a resumeSimilar jobs
Senior Data Engineer
Jobber,
Toronto, ON
2 hours ago
Jobber exists to help people in small businesses be successful. We work with small home service businesses, like your local plumbers, painters, and landscapers, to transform the way service is delivered through technology. With Jobber they can quote, schedule, invoice, and collect payments from their customers while providing an easy and professional customer experience. Running a small business today isn't...
Procurement -Intermediate Project Control Officer
Procom,
Toronto, ON
2 hours ago
Procurement - Intermediate - Project Control Officer – IntermediateOn behalf of our client in the healthcare sector, Procom is looking for a Procurement - Intermediate - Project Control OfficerJob DescriptionProcurement - Intermediate - Project Control Officer – Job Description The Supply Chain Project Control Officer will work with the Supply Chain (Procurement) and project teams to support procurement needs and...
Security Operations Centre Guard - Bay Adelaide Center - Full-Time - Downtown Toronto
Paladin Security Group Ltd,
Toronto, ON
2 hours ago
Overview Paladin Security: Making the World a Safer and Friendlier Place because we CARE!Do you have superior customer service skills and a passion for helping people? Are you able to think quickly on your feet and defuse difficult situations? Your track record of handling a great deal of responsibility combined with your varied life experience and enthusiasm for a job...
