Manager, Construction Finance - Toronto, Canada - Habitat for Humanity Greater Toronto Area

Habitat for Humanity Greater Toronto Area

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Job Title:
Manager, Construction Finance

Reports To:
CFO**
Division: Finance and Administration**
Terms of Employment: Full-time, Monday - Friday (9 am -5 pm)

Salary :
$84,000 - $120,000 per year

Location: 155 Bermondsey Road, Toronto ON. Habitat GTA currently deploys a hybrid working environment, asking staff to come onsite once (1) per week at minimum.

Who We Are

Habitat for Humanity GTA is greater Toronto's most recognized provider and advocate of solutions that tackle our region's housing crisis.

Our mission is to create a world where everyone has a safe, quality place to live.

We focus on creative solutions to address the affordable housing crisis in Toronto, Brampton, Caledon, York Region and Durham Region.

With the help of volunteers, donors and community partners, we unlock change for generations by bringing the benefits of home ownership to more people and communities.

Since 1988, Habitat GTA has built 23 new communities, empowering more than 500 families.

We are a land developer, a home builder, a fundraiser, and a mortgage holder.

In support of our homebuilding operations, Habitat GTA operates a retail home improvement store called Habitat ReStore, which sells donated home furnishings, appliances, and renovation materials, with all proceeds helping us build more homes.

Habitat GTA is growing. We are an innovative, entrepreneurial social enterprise that has been increasing our capacity for impact each and every year. Together, we are building a better, more inclusive GTA for everyone.

The Opportunity

From a finance standpoint, Habitat for Humanity GTA provides an extremely challenging and stimulating opportunity given its unique business model. Business lines include; ReStores (retail), land development, construction, mortgage management and fundraising. The Manager will take their understanding of this interwoven structure and become a strategic thoughtpartner, reporting to the CFO.
They will play a critical role in partnering with the senior leadership team in strategic decision making and operations as Habitat GTA continues to enhance its build capacity.

This is a tremendous opportunity for a finance leader to maximize and strengthen the internal capacity of a well-respected organization. Position also provides opportunity to interact with other financial professionals from Habitat Affiliates across North America and from partner organizations in the real estate development, financial and other sectors.

Your Impact

Primary Immediate Responsibilities
Subject to refinement based on the skills and experience of the successful incumbent, the immediate priority areas of focus include:

Analyze, prepare and present financial reports, including those presented to the Board of Directors, in an accurate and timely manner; clearly communicate monthly and annual financial statements; compile financial reporting materials, and oversee all financial, project/program and grants accounting both internally and externally (ie. With Habitat for Humanity Canada, outside lenders and partners).
Lead the annual audit process
Lead the annual budgeting and planning process in conjunction with the CFO, EVP, Operations and CEO; administer and review all financial plans, KPIs and budgets; monitor progress and changes and keep senior leadership team abreast of the organization's financial status.
Develop and implement appropriate efficient accounting, status reporting, internal controls and auditing systems. Evaluate the underlying financial information systems and, introduce and leverage new systems and processes, where appropriate, for most streamlined and efficient financial operations.

Including:

Collaborate with the EVP, Real Estate and the Director, Construction, on evaluating and identifying, implementing new processes and systems
Monitor and evaluate AP systems/staffing and recommend improvements
Monitor and manage mortgage portfolio and project job cost system including assisting with preparing and recording complex transactions
Provide leadership and mentoring to staff and volunteers, as appropriate, to foster an environment of problem solving, collaboration, efficiency, and improved business practices

Evolving Responsibilities
Subject to refinement based on the skills and experience of the successful incumbent, the priority areas anticipated to be transitioned to the Senior Manager include:

Support ongoing strategic direction setting through enterprise-wide financial modelling incorporating the complexity of multiple capital projects, land acquisition, project financing, mortgage management, and parallel retail and office operations.
Act as prime relationship to banks/lenders for all financing requirements: construction loans, term loans, equipment loans, mortgages
Seek, negotiate, structure and monitor all debt that best suit project requirements and overall organizational financial health and stability
Lead th