Senior Manager, Real Estate Finance

Join to apply for the Senior Manager, RE Finance role at TransLink1 day ago Be among the first 25 applicantsJoin to apply for the Senior Manager, RE Finance role at TransLinkGet AI-powered advice on this job and more exclusive features.Marketing StatementA career at TransLink and our family of companies means working with people with a wide range of skills and perspectives, all teaming up towards a common goal: preserving and enhancing the region's world-envied quality of life. Together, we connect the region and enhance its livability by providing a sustainable transit and transportation network, embraced by our communities and people.Marketing StatementA career at TransLink and our family of companies means working with people with a wide range of skills and perspectives, all teaming up towards a common goal: preserving and enhancing the region's world-envied quality of life. Together, we connect the region and enhance its livability by providing a sustainable transit and transportation network, embraced by our communities and people.At TransLink we are dedicated to building a workforce that reflects the diversity of the communities in which we live. We’re committed to fostering an inclusive, equitable and accessible workplace, recognizing the unique value and skills every individual brings.Looking for a great place to work where your contributions are valued and you can make a difference in a vibrant city? At TransLink, one of BC’s Top Employers, you'll help make Metro Vancouver a better place to live, built on transportation excellence. Put your future in motionResponsibilitiesPRIMARY PURPOSEManages strategic financial planning, reporting and accounting services in support of TransLink Real Estate Division, including budgeting, financial modeling, reporting, financial performance metrics, and oversight of accounts receivable, accounts payable, monthly, quarterly and year-end closing and reporting. As a member of the Finance Management team, contributes to the development of the enterprise long-range financial plans, projections, forecast trends and accomplishment of departmental objectives.Key AccountabilitiesSupports the Vice President, Real Estate, Commercial Strategy & Innovation and Director, Corporate Finance through delivery of strategic financial information upon which organizational planning, project acquisitions and development planning decisions for the TransLink Real Estate Division are based. Supports all financial aspects of the short and long-term capital planning related to TransLink’s Revolving Land Fund and Real Estate development projects, and analysis and reporting processes for the Real Estate Division. Oversees consolidation of departmental, divisional and corporate budgets; develops divisional budget submissions for review and manages preparation of divisional operating budget package for approval by TransLink Executive and the Board of Directors.In partnership with Financial Planning & Analysis team, manages the operating budget for the Real Estate Division, provides budgeting guidelines and guidance to line management on the budgeting and financial planning process; provides recommendations to senior management on divisional budget strategy, standards, policies and processes.Provides senior level advice to the Corporate Finance team on financial accounting, asset valuation, cost capitalization and accounting standards interpretation; ensures maintenance and control of efficient processes and systems to provide accurate and timely reporting; also ensures best practices. Also responsible for driving best practices and leading financial transformation initiatives to enhance processes that support both internal and external stakeholders.Ensures alignment with enterprise financial standards, policies and processes; and also ensures compliance with regulatory and other related requirements.Develops and maintains financial models to forecast and analyze financial performance, and supports strategic decisions impacting the business, including evaluation of specific acquisitions and development projects. Manages asset portfolio and divisional financial performance monitoring through the analysis, review and reporting of related performance metrics. Works with management to establish financial targets for metrics and measures; collects, analyses and reports on results.Prepares and presents divisional financial plans, projections and forecast trends as part of the enterprise long range planning process. Leads content development of long-range plans, identifying various cost drivers and relevant economic factors for the plan time-period. Provides input into the enterprise Investment Plan.Oversees execution of monthly financial variance reports and analyses of expenses and variances from budget/forecast; reports variances and alerts senior management of critical issues as they emerge. Oversees monthly contracted service provider payment process and provides support to the contract services team with financial analysis, modeling, budgeting, forecasting and reporting. Develops effective reporting and variance analyses to ensure departmental accountability and financial controls are in place.Participates in the preparation of reports to the Executive Real Estate Steering Committee, the Board of Directors and Mayors’ Council. Represents the Vice President, Real Estate, Commercial Strategy & Innovation and Director, Corporate Finance on high priority TL Enterprise Steering Committees. Actively participates as a member of TransLink’s Senior Management Team and contributes to the strategic direction of TransLink. Actively participates in Real Estate governance processes.Ensures development, review and revision of accounting and finance policies and procedures as they pertain to Real Estate; verifies and approves changes to account codes, department and cost centers, the recording of transactions and cost structure hierarchies required to produce operational reporting. Ensures the necessary financial controls are in place to identify and mitigate risks, and also to leverage opportunities for areas of accountability. Ensures the Vice President, Real Estate, Commercial Strategy & Innovation and Director, Corporate Finance are alerted to critical issues as they emerge.Builds and maintains relationships with finance teams and other stakeholders within the enterprise to discuss and resolve enterprise wide financial planning and reporting issues and provides input to various committees and task forces.Manages reporting staff, including hiring, training, development, coaching, performance management, and all other people management practices.QualificationsEDUCATION AND EXPERIENCEThe requirements for this job are acquired through completion of an undergraduate degree in finance, with achievement of an accounting professional designation (CPA or equivalent acceptable designation), plus eight (8) years of related, progressively responsible experience in the real estate and finance industry.Other RequirementsAdvanced knowledge of Generally Accepted Accounting Principles (GAAP), and the relevant acts and regulationsAdvanced knowledge of the concepts, principles, practices and techniques pertaining to all aspects of corporate financial planning, forecasting, analysis and reporting, particularly related to the real estate industry, including development, asset management and project financeAdvanced analytical skills to manage delivery of complex financial analysis and reportingAdvanced financial modelling skillsExpert strategic planning skills, with ability to manage strategic financial planning processes, including development/consolidation of short and long term financial and budget planningSolid interpersonal and communication skills to provide financial expertise and guidance pertaining to planning, analysis and reportingAdvanced Writing Skills For Required ReportingAdvanced problem-solving and decision-making skills to identify, mitigate and resolve risks, gaps and issues in areas of accountabilityOther InformationRecruitment Process: An applicant will be required to demonstrate their suitability for this position by meeting the minimum level of qualifications and experience in order to be invited into the selection process. A standard interview format will be used including general, scenario and behavioural descriptive interview questions.Work Schedule37.5 hours per week.Work DesignationHybridThis position offers the flexibility of working both on-site and remotely within B.C.Rate of PayThe salary for this position ranges from $117,600 - $176,400 per annum. Actual salary offered will be based on education, experience, skills, and qualifications as they relate to the role.We aim to provide competitive pay that reflects your professional background and expertise. We want to ensure our offer will align with your strengths considering experience, skills, and internal equity to offer a fair and equitable salary. The Total Compensation Package, which includes Extended Health, Dental, Transit Pass and enrollment in the Public Service Pension Plan as well as other employment offerings will be discussed in detail as your application progresses.How To ApplyPlease click the 'Apply' button at the top right corner of the page or go to http://www.translink.ca/careers to apply for this position and view instructions on the process.INSTRUCTIONS: Please save your (1) cover letter, and your (2) resume as one pdf document prior to uploading your application on-line.Posting Date: July 31, 2025Closing Date: Open Until FilledPlease note that only those short listed will be contacted.Having trouble applying? Please view the System Requirements & FAQ's by going to http://www.translink.ca/careers.Equal Employment OpportunityTransLink is committed to employment equity and building a diverse workforce, representative of the customers we serve and the many communities in the Metro Vancouver region. We welcome and encourage Indigenous applicants, people of colour, all genders, 2SLGBTQ+ and persons with disabilities to apply. Learn more about TransLink's commitment to equity, diversity and inclusion.Accommodations are available on request for candidates taking part in all aspects of the selection process. 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