Manager, Financial Planning & Analysis And Decision Support

Manager, Financial Planning, Analysis and Decision Support

In addition to a competitive salary and a rewarding career where you can truly make a difference, we offer a comprehensive package that meets the various needs of our diverse employees, including:

• Ability to participate in inclusive employee-led networks to educate, inspire, amplify voices, build relationships and provide development opportunities;
• Minimum four(4) weeks of paid annual vacation days, increasing with years of service;
• Four (4) paid personal days per year; Defined benefit pension plan with OMERS, includes 100-per-cent employer matching;
• Health and dental benefits, including a health spending account available upon your start date;
• Employee and family assistance program;
• Maternity and parental leave top up (93% of base salary);
• Training and development programs including tuition reimbursement of $1500 per calendar year;
• Fitness membership discount

This job offers the opportunity to work from home as part of a hybrid work arrangement. This arrangement will allow you to work some days at a TCHC work location and the rest of the time from home. The amount of time required to work at a TCHC work location is flexible, while considering operational and service delivery requirements.

Do you see yourself working for one of the largest social housing providers in North America, which is dedicated to improving the lives of its residents? Are you a detail-oriented, finance professional who can provide analytical support for business units and lead discussions with departmental managers on their overall performance analysis? If this sounds like you then we have an opportunity, you will not want to pass up!

The Manager, Financial Planning, Analysis and Decision Support plays a key financial role in providing analytical support for business units. Reporting to the Director, Financial Planning Analysis and Decision Support, the successful candidate will be responsible for managing the TCHC departmental budget and forecast process. The Manager, Financial Planning & Analysis and Decision Support will provide detailed analysis of spending against budget and will provide financial guidance on implications of departmental results in accordance with strategic financial initiatives. The Manager will also establish oversight and delivery of consolidated financial variance analysis. Fundamental skills include strong business, financial and mathematical acumen, experience in tracking actual overall financial results and trends against approved budget, and the ability to build strong working relationships with departmental leads and with other finance functions. The Manager will contribute to a tightly knit team that is results-oriented, and assist with preparing the overall company's financial plan, budget and forecast, and monthly reporting of actual to budgets variances, including by department and on a consolidated basis, to senior management and shareholders.

What you'll do

• Manage and lead the annual budgeting process, which will include, but not limited to:
• acting as the financial subject matter expert supporting the development of each business units' budget
• consulting with the FP&A counterpart at the City of Toronto
• prepare reports and presentation materials to various internal and external users
• Function as the primary financial liaison with departmental leads monthly to:
• ensure timely and accurate delivery of business units' variance analysis against budgets and forecasts
• review the month's financial performance compared to budget with the business unit leads, providing financial guidance and/or interpretation of the department's financial performance
• support the business units in their forecast for the balance of the year as well as looking to continuously improve on departmental forecast submissions
• Manage preparation of corporate financial performance reports, identifying and providing commentary on key drivers, drafting annual business operating budget and capital plan, cash flow reporting, liquidity analysis and overall quarterly forecasts
• Provide leadership, training, and mentorship to direct reports
• Lead the team in the development and maintenance of financial models to support the decision-making process Provide ad-hoc financial analysis, modelling, and reporting as needed to support business decisions

What you'll need

• University degree in Mathematics, Finance, or Commerce
• Accounting designation i.e., CA, CMA, CGA
• Minimum of 6-8 years corporate general and administration costs analysis related experience with strong acumen in cash flow reporting and analysis
• Previous experience with Yardi and its budgeting module preferred
• Previous firsthand budget and forecast experience
• Expert level financial modeling (preferably Microsoft Excel) and analysis skills required
• Expert level knowledge in Excel macros and formulas
• Extensive knowledge in real estate property management, planning, and strategic planning
• Experience in residential real estate, multi-residential industry
• Extensive knowledge of the principles and practices of consolidation, financial analysis, financial instruments
• Familiar with the legislative, political, program and financing aspects of affordable housing
• Oral and written communication skills to deal with a broad range of contacts, and to effectively communicate in management, community, committee, or approval agency meetings
• Organizational skills to identify, prioritize and meet strict and challenging deadlines
• Client-driven, interpersonal, and negotiating skills to engage in departmental leads and staff
• Ability to work independently within a collaborative team in a fast-paced, results-oriented environment

What's next

Once you apply, we'll review your resume and contact you if we believe your skills and experience will make you successful in the role. If you are selected to move forward, the process will include one or more interviews and/or assessments and reference checks.