Director, Finance (special Projects)

Toronto, ON, Canada

Job Description


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\xe2\x80\x99s success since 2003. Centurion Apartment Real Estate Investment Trust (\xe2\x80\x9cREIT\xe2\x80\x9d) owns more than 11,000 multi-family apartment units and student housing beds across 28 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. Centurion Financial Trust (\xe2\x80\x9cCFiT\xe2\x80\x9d) is an income and growth-oriented trust that invests in a diversified portfolio of debt investments that include but are not limited to mortgages, opportunistic real estate developments, and corporate debt. Investors pool their funds to invest in mortgage and growth-oriented credit opportunities and participate in the yields from interest income and net profit from equity.

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, with accountability to the Chief Financial Officer | Chief Compliance Officer | Executive Vice President of Finance, the Director of Finance (Special Projects) is responsible for independently completing ad-hoc projects for the Finance Department of Centurion Asset Management Inc. | Centurion Property Associates Inc. The Director of Finance (Special Projects) is accountable for ensuring that all internal financial controls and International Financial Reporting Standards (IFRS) are adhered to at all times.

Responsibilities

Ongoing Operations

Assist with the efficient and effective management of all financial functions for Centurion. Monitor internal financial controls to ensure that the organization is protected from risk and that all statutory requirements of Centurion and its other entities are met. Assist with 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. Conduct an analysis of portfolio performance and key metrics, drilling down on asset management related items and reviewing the Net Operating Income, Funds from Operations, etc. 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.

Special Projects

Manage the entire scope of numerous key projects simultaneously, identifying the project\xe2\x80\x99s scope and creating a plan that outlines tasks, timelines and required resources. Communicate with stakeholders to manage risk and monitor progress to ensure that the projects stay on track. Oversee various system conversions, including Yardi, assisting with the request for proposals, participating in the demo reviews and overseeing the implementation as well as related troubleshooting. Act as the subject matter expert on new systems, training related team members. Assist with the revamping of the Asset Management Agreement. Compare the current Management Discussion & Analysis to that of Centurion\xe2\x80\x99s competitors, providing recommendations on improvements that can be made to ensure the company stays current with the industry. Work closely with the Chief Compliance Officer to introduce advanced process and control functions and design advanced internal models.

Financial Reporting

Assist in the preparation of quarterly and annual consolidated financial statements and notes to the financial statements for the Centurion group of companies. Participate in the completion of Management Discussions and Analysis as well as Quarterly and Annual Reports. Adhere to all best practices among competitors. Assist with the quarterly portfolio valuation process. Develop and implement a comprehensive reporting package 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 various departments within the Centurion group of companies to ensure financial information is provided on a timely and accurate basis; resolving issues related to revenue and property accounting as necessary.

Other Duties

Provide leadership and direction to the team. 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 junior members of the Finance team, addressing performance issues as required. Complete other duties as assigned.

Requirements

  • Completion of a bachelor\xe2\x80\x99s (or Master\xe2\x80\x99s) degree in Finance and/or Accounting;
  • Completion of CPA designation;
  • 5 years\xe2\x80\x99 of external reporting and corporate finance experience; public and/or private real-estate industry experience preferred;
  • Demonstrated high level of leadership and managerial skills;
  • Ability to work well in a team environment as well as independently;
  • Strong ability to multi-task;
  • Excellent command of Excel with strong verbal, analytical, organizational and written skills; and
  • Experience with Yardi property management accounting system considered an asset.
Centurion Asset Management Inc. | Centurion Property Associates Inc. is an inclusive and equal opportunity Employer. If you require a disability-related accommodation to participate in the recruitment process, please email us. We will accommodate your needs under the Ontario Human Rights Code.

Centurion Asset Management

Beware of fraud agents! do not pay money to get a job

MNCJobz.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.


Related Jobs

Job Detail

  • Job Id
    JD2234974
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Toronto, ON, Canada
  • Education
    Not mentioned