Senior Financial Analyst, Financial Planning Analysis - Real Estate
Fengate, Canada
Job Description
Company Description:
Fengate is an asset management firm that specializes in customized investment funds with a strategic focus on infrastructure, real estate and private equity. We are trusted developers and active managers of real assets, providing investors with special access to tailored investments with reliable, long-term returns. With operations in North America and select international markets, we have a global reach built on strong Canadian roots and a well-established track record of successful investments.
Founded in 1974, Fengate started as a real estate management business in Ontario, Canada. Over the last 40 years, we have transformed our business to become one of Canada’s leading real asset management firms, with offices in Toronto, Oakville, and Houston. Since 2007, Fengate has been recognized as one of Canada’s Best Managed Companies.
Position Description:
The Senior Financial Analyst will report to the Manager of Finance, Real Estate. The individual will be supporting the financial planning amp; analysis and reporting for Fengate’s segregated funds, predominantly on Canadian residential and resort operations and US Hotel operations. This role will have the opportunity to interact closely with the Finance, FPamp;A, Developments, Investments, and 3rd Party consultant teams.
The successful candidate will be a self-starter and genuinely curious; that enjoys working in a fast-paced environment; has the ability to stay organized and efficiently prioritize and work under timelines. The individual is process oriented with a high sense of ownership in their work; and eager to learn all aspects of a career in accounting and reporting.
Key Functions and Responsibilities:
- Support investments team to maintain models to project performance metrics such as cash flow, operating returns, IRR, ROIC, MOIC, NPV, etc.
- Calculation of quarterly and annual fund returns using IRR and weighted capital
- Assist with year-end valuation process by co-ordinating with external appraiser and critically assessing assumption used in appraisal
- Prepare monthly accounting entries and bank reconciliations for segregated funds
- Preparation and review of quarterly financial statements for internal management and investors
- Assist with year-end audit process through the preparation of audit working papers
- Work closely with accounting teams of joint ventures to co-ordinate and compile support for investment models, quarterly reporting, cash management, development draw requests, debt covenants and other ad-hoc requests
- Preparation of quarterly fund reports for internal management and investors
- Prepare USD/CAD currency exposure report on a monthly basis
- Work closely with banks to secure financing and perform other treasury functions
- Identify and implement continuous process improvements across different areas of scope
Requirements
Preferred Qualifications and Skill set:
- Undergraduate degree in accounting, finance, or other relevant technical discipline
- CPA designation, with 3+ years of relevant experience in the industry
- Experience with working in the real estate or asset management space is preferred
- Strong Excel modelling skills, ability to construct professional PowerPoint presentations
- Genuinely curious with a desire to understand key metrics and drivers
- Strong customer focus with excellent relationship building and a collaborative working style
- Exceptional communication skills, both written and verbal, including the ability to communicate effectively with all levels of the organization
- Ability to handle competing deliverables, with accurate/timely delivery under tight timelines
Location amp; Travel:
The position will be based out of the Oakville office. Fengate offers a Work-Flex policy where employees are allowed to work remotely up to 3 days per week.
We are committed to providing accommodations for persons with disabilities. If you require accommodation, we will work with you to meet your needs.
We thank all applicants for their interest in this position; however only candidates selected for an interview will be contacted.