Financial Controller

3 months ago

Ottawa, Canada CMG Property Management Full time

Job Summary

The Controller is responsible for overseeing and managing all financial operations and reporting to the Corporate Management Team. This includes planning, organizing, directing, controlling, and evaluating the activities of the accounting and financial departments. The Controller will ensure the accurate and timely preparation of financial reports, develop and implement financial policies and systems, and provide strategic financial insights to senior management. This role is critical in maintaining the financial health and stability of the company while ensuring compliance with all relevant regulations and standards.

Job Duties
- Financial Operations Management: Plan, organize, direct, control, and evaluate the operation of the accounting and finance departments, with a focus on maintaining the financial integrity of all managed properties.
- Policy and System Development: Develop, implement, and maintain financial policies, systems, and procedures tailored to the unique needs of condominium management, ensuring efficient financial operations across all managed properties.
- Financial Reporting and Analysis: Prepare and coordinate the preparation of financial statements, summaries, and other financial management reports, including monthly and annual reports
- Budgeting and Financial Planning: Coordinate the financial planning and budgeting process for each property, analyze budget estimates, and make necessary adjustments to align with the financial goals of the company
- Financial Modeling and Forecasting: Assist with the development and implementation of financial simulation models to project cash flow, reserve fund requirements, and other financial needs for long-term property management.
- System Evaluation and Recommendations: Evaluate financial reporting systems, accounting procedures, and investment activities and recommend improvements to procedures, operating systems, budgets, and other financial control functions to enhance operational efficiency.
- Staff Management: Recruit, organize, train, and manage accounting and finance staff, ensuring they are equipped to handle the specific financial management needs of condominium properties.
- Stakeholder Liaison: Act as a key liaison between the company, condominium boards, and external stakeholders, including auditors, shareholders, and financial analysts. Ensure clear communication of financial performance and any critical financial trends.
- Regulatory Compliance and Reporting: Notify and report to senior management and condominium boards concerning any financial trends or regulatory changes that could impact the organization’s financial performance or compliance status.

**Requirements**:

- Strong understanding accepted accounting practices; proven experience as s Controller or other similar position
- Excellent knowledge of accounting and financial processes (budgeting, financial closure, reporting, etc.)
- In-depth knowledge of MS Office and accounting software
- Proactive, takes initiative and works independently
- Highly organized with exceptional attention to detail
- Critical thinking and confident decision making with the ability to implement internal policies and processes
- Excellent communication skills both written and verbal
- Ability to consistently meet deadlines
- Manage numerous priorities at once and be able to multi-task effectively

Experience
- University degree or college diploma in accounting, or related discipline
- Minimum 5 years in an accounting role
- Experience in residential or commercial property management considered an asset

Working Conditions
- Hybrid working model available following probationary period
- Free onsite gym facilities
- Paid sick and personal time in addition to standard vacation
- Early departure on Fridays
- Staff appreciation activities

Hours of Work

Monday - Thursday 9AM-5PM

Friday 9AM-4PM

**Job Types**: Full-time, Permanent

Pay: $70,000.00-$90,000.00 per year

**Benefits**:

- Casual dress
- Company events
- Dental care
- Disability insurance
- Employee assistance program
- Extended health care
- Life insurance
- On-site gym
- On-site parking
- Paid time off
- Work from home

Flexible language requirement:

- French not required

Schedule:

- Day shift
- Holidays
- Monday to Friday
- No weekends

**Education**:

- Bachelor's Degree (preferred)

**Experience**:

- Accounting: 5 years (required)

Work Location: In person

Expected start date: 2024-09-23

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