Vice President Finance

6 months ago

Waterloo, Canada Copper Bay Homes Full time

**Copper Bay Homes**

Copper Bay Homes has been at the forefront of infill development within the Waterloo Region since its establishment in 2010. Originating with a vision to enrich the Uptown Waterloo neighborhood through infill residences, our journey has evolved to encompass a diverse portfolio, including centrally located low and mid-rise residential and commercial projects. Our narrative embodies growth and innovation with a focus on community building in major transit station areas within the Region of Waterloo.

Guided by a vision to enhance neighborhoods through craftsmanship and dedication, Copper Bay Homes operates under the foundational principles of collaboration, communication, trust, and accountability. We firmly believe that successful construction projects are built upon strong relationships and a collective pursuit of excellence.

Distinguished by our ability to tailor projects to the unique needs and desires of our clients, we offer a comprehensive suite of construction services spanning project management, construction management, general contracting, and proprietary asset management. From small single-detached houses to full-fledged apartment buildings, our expertise in residential and commercial infill projects positively impacts the urban landscape of the region. With a commitment to customization at our core, we prioritize understanding our clients' visions, ensuring a seamless and tailored experience from concept to completion.

As Copper Bay Homes continues to see growth opportunities with a pipeline of projects forecasted, we are looking to grow our team with a seasoned financial expert

**Vice President, Finance**

The Vice President Finance at Copper Bay Homes plays a pivotal role in shaping the financial landscape of our dynamic organization. This position offers a unique opportunity to lead our cost controlling, financial budgeting, forecasting, reporting, and internal analysis initiatives, contributing significantly to our ongoing success.

**Responsibilities**:

- Controller Responsibilities:

- Implement internal cost control systems, operational procedures, and reporting mechanisms to meticulously manage financial data.
- Administer subtrade contracts, ensuring accurate accounting distributions, and prepare construction progress draws and owner progress billings.
- Foster efficient timekeeping processes and ensure contract compliance.
- Collaborate closely with project staff on contract management, administration, and project cost tracking.
- Drive continuous improvement initiatives by identifying and implementing system and process enhancements.
- Prepare timely reporting and remittances for HST, payroll, and WSIB accounts, adhering to professional accounting standards, contractual obligations, and governmental regulations.
- Lead audit requirements for external and client audits.
- Analyst Responsibilities:

- Conduct financial modeling and analysis to inform strategic decision-making.
- Provide actionable recommendations based on analysis, creating insightful reports.
- Develop data-driven analyses and key performance indicators (KPIs) to identify trends, risks, and opportunities, optimizing business operations.
- Implement controls to mitigate financial risks and exposure across projects.
- Manage cash flow through short and long-term obligation modeling.
- Assist in budget creation, monitoring, and variance reporting for construction projects.
- Collect and analyze financial information for projects, contributing to regular project reviews.
- Cash Management:

- Oversee general transactional accounting processes, reconciliations, and month-end procedures.
- Manage accounts payable by overseeing supplier and subcontractor invoices, ensuring accuracy, managing approval processes, and facilitating timely payments.
- Supervise accounts receivable by issuing invoices, tracking customer payments and change orders, and diligently following up on overdue accounts.

**Requirements**:

- 5-10 years of experience in construction, development, and/or real estate asset management.
- CPA and/or CMA designation with proven experience in an executive financial leadership role, with a track record of driving financial performance and growth.
- Undergraduate or graduate degree in Finance, Accounting, Business Administration, or related field.
- Excellent computer skills including Excel, Word, PowerPoint and Teams.
- QuickBooks Online software experience is considered an asset.
- Excellent written and verbal communications skills.
- Strong leadership/management skills.

**Salary**:

- $125,000 - $140,000 plus bonuses.

Pay: $125,000.00-$140,000.00 per year

**Benefits**:

- Casual dress
- Company events
- On-site parking
- Paid time off

Schedule:

- Monday to Friday

Supplemental pay types:

- Bonus pay

**Education**:

- Bachelor's Degree (preferred)

**Experience**:

- management: 1 year (preferred)

Work Location: In person

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