Careers

Job Description

The Effort Trust Company is currently looking for a Residential Financial Analyst at our office in Hamilton, Ontario. The Residential Financial Analyst will be responsible for the development, implementation, and oversight of the budget for our residential portfolio as well as preparation of financial reporting packages for management.

Main Duties:

• Oversee the preparation, analysis, implementation and monitoring of a robust budgeting process in conjunction with relevant stakeholders.
• Manage the roll out of the budgeting process including the training and support of Property Managers, Project Managers and other stakeholders.
• Develop and implement a monthly variance reporting process showing a comparative analysis of the actual revenues, operating expenses and capital expenditures versus the budget for all buildings in our portfolio.
• Ensure that expenditures stay within approved budgets. Investigate significant variances, follow up with stakeholders like Property Mangers to explain variances and escalate exceptions to management.
• Assess the financial efficiency of buildings in our portfolio by analyzing costs and identifying areas for potential savings.
• Support the Month End and Year End accounting process, especially during audits and financial reviews.
• Prepare financial reporting packages for management as required.
• Develop and report on key performance indicators relevant to the real estates industry.

Other Duties:

In addition to providing supervision and mentorship to the team, the Residential Financial Analyst will be responsible for:

• Participate in special projects related to, but not limited to, the roll out of software upgrades and new software modules.
• Bring forward ideas for process improvements that will enhance the financial reporting package.
• Work closely with the Residential Management Team to ensure their needs are met with respect to financial reports and variance analysis.

Qualifications:

• A bachelor’s degree in business administration, accounting, finance, or related field preferred.
• Considerable experience in financial analysis and forecasting, budget formulation, financial planning, financial controls and financial performance reporting.
• Experience in developing a budget process, including the development of key assumptions.
• CPA designation (or working towards it).
• Proven problem-solving capabilities.
• Above average excel skills with an ability to develop dashboard reporting for KPI’s specific to the multi-residential industry.
• Strong interpersonal and communication skills to interact with senior management as well as property managers and team members.
• Strong analytical and time management skills.