Title: Financial Analyst
Department: Finance
Reports To: VP, Finance & Analytics
About Us:
Madison Group is a widely diversified real estate and land development company with extensive experience in building master-planned communities, low-rise, and high-rise residential projects. Madison Group also operates a substantial portfolio of retail, commercial, and industrial projects.
For over 55 years, Madison Group has built its foundation on integrity and innovation and our commitment to our customers is our foremost priority. Madison Group focuses on creating quality homes and residences in desirable areas firmly rooted in a sense of community. Our reputation is defined by the talent, dedication, and passion of our team.
For further information, please visit our website at madisongroup.ca.
General Description:
The Financial Analyst will play a critical role in supporting the financial planning and analysis function at Madison Group. This role involves providing detailed financial insights, preparing forecasts and budgets, and assisting in strategic decision-making processes. The ideal candidate will have a strong background in finance, exceptional analytical skills, and experience in the real estate development industry.
Primary Responsibilities:
Conduct detailed financial analysis and modeling to support business decisions
Prepare, analyze, and present monthly, quarterly, and annual financial reports
Assist in the development and management of the annual budget and long-term financial forecasts
Monitor and analyze financial performance, identifying trends, variances, and areas of improvement
Support the preparation of financial presentations for senior management and stakeholders
Conduct market research and competitive analysis to support strategic planning
Assist in evaluating potential investment opportunities and real estate projects
Coordinate with various departments to gather necessary financial data and insights
Ensure compliance with financial regulations and company policies
Support ad-hoc financial projects and analyses as needed
Assist in the coordination, development, and updating written policies and procedures over the financial report process
Assist in the development and implementation of financial simulation models
Assist in analyzing costs, pricing, variable contributions, sales results, and the company's actual performance compared to the business plans
Assist in planning short and long-term cash flows and assessing financial performance
Correspond with other departments, discussing company plans and agreeing on future paths to be taken
Establish profitability standards for investment activities and be involved in acquisitions
Follow up on financing projects with banks
Required Skills and Qualifications:
University degree in Finance, Accounting, Business Administration, or a related field
Minimum of 2-3 years of experience in financial analysis, preferably in the real estate development industry
Strong financial modeling and analytical skills
Proficiency in Microsoft Office, specifically Excel
Knowledge of NewStar/REMS and Yardi considered an asset
Experience with PowerQuery and Power BI
Ability to manage large sets of data
Excellent communication and presentation skills
Strong organizational and multitasking abilities with keen attention to detail
Ability to work independently and as part of a team
Knowledge of financial regulations and standards
Strong problem-solving skills and the ability to think strategically
Experience with financial reporting and forecasting
Extensive understanding of financial trends both with the company and general market patterns
In-depth knowledge of financial statistics and accounting principles, laws, and best practices
Madison Group celebrates diversity and is proud to be an equal opportunity employer. We are committed to creating an inclusive environment for all employees and applications and make all employment-related decisions without regard to race, colour, religion, sex, national origin, sexual orientation, gender, age, or disability.
We thank all applicants for their interest; however, only those selected for an interview will be contacted.
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