Controller

**Controller**

Vancouver, BC or Toronto, ONAre you interested in joining a dynamic and forward-looking team that supports community-based organizations with flexible financing tools to meet their needs? Are you interested in creating lasting value for communities? Are you an adept accounting professional that is excited by variety and the opportunity to work across a number of different entities (i.e. non-profit, charity, for profit (charity/team owned), limited partnerships and trusts)? If so, keep reading. We’re looking for someone like you
- **About New Market Funds**_
- **We are an ImpactAssets 50 manager and Certified B Corp company.**_

(NMF) is a multi-fund impact investment fund manager with offices in Vancouver and Toronto. We have a mission to deliver investment opportunities that have a lasting benefit for communities and concentrate our efforts on community-focused real estate and lending. We are a values-driven, innovative resource for social enterprises, co-operatives, and non-profits. The includes NMF Rental Housing Fund I and II, New Commons Development, New Commons Housing Trust, Community Forward Fund, and the Canadian Cooperative Investment Fund.

We envision a new market in which investment capital seeks to create value that includes clear social and environmental outcomes as well as financial returns. We do this by living our values in our work every day. We are guided by our principles about building strong communities, creating a positive workplace in which everyone feels welcomed and empowered, working towards Reconciliation with Indigenous peoples, and building an impact legacy. The Controller will report to the Chief Financial Officer. Following the hire for the Controller, we will be growing the finance team by hiring a junior team member as well. The Controller will support this hiring process and will manage the junior team member once hired. The Controller will be a core member of the New Market Funds team, supporting the finance and accounting functions across the NMF platform. The Controller will work primarily in NMF’s Vancouver or Toronto office, with hybrid flexibility.
- **Why work with us?**_
- Your work will contribute to helping create lasting benefits for Canadian communities.
- You’ll get a broad range of exposure to real estate development, private equity, private lending, non-profit accounting, fund accounting, acquisitions and more.
- You won’t be a cog in a wheel. You’ll play a key role in making our finance and accounting functions run more smoothly and be more effective as we grow.**Responsibilities**:_
- Once the junior team member is hired they will perform these tasks and you will manage/oversee them, until that time you will perform them:_
- **AP/AR & Payroll Management** - You will monitor AP inboxes, enter bills and create invoices (primarily intercompany and externally for development contracts). You will make sure vendors get paid on time and do your best to ensure we are paid on time.
- **Loan Receivables **- You will manage monthly loan payments for our two loan funds and related databases, and respond to audit confirmations or other borrower requests as required;
- **Filings** - You will complete GST, provincial and regulatory filings;
- **Bank Reconciliations/Monthly Financials **- You will complete journal entries, reconciliations, month end closings and create a first draft of the monthly financials/notes/projections for our 5 operating entities as well as the multi-family residential buildings owned by our non-profit housing society
- **Fund Support** - You will support the processes for capital calls, distributions, audit confirmations and questions from investors
- The following list represents tasks that you will continue to perform after the Junior Accountant is hired:_
- **Monthly Financials **- You will oversee month end closings and review the monthly financials/notes/projections for our 5 operating entities as well as the multi-family residential buildings owned by our non-profit housing society
- **Fund Financials **- You will review monthly/quarterly fund financial statements (6 funds and growing) and prepare investor statements quarterly
- **Provision Analysis **- You will perform quarterly provision analysis on the loan fund receivables and annual impairment analysis on the housing fund investments
- **Reporting **- You will produce and potentially present a wide range of reports (financial and non-financial) for staff, boards and investors, including budget vs. actuals, cash flow projections, portfolio summaries and high-level dashboards
- **Budget Preparation **- You will support the CFO and management in the annual budget creation
- **Audit Preparation and Management** - You will prepare working papers, supporting schedules and memos. You will support the CFO and the auditors throughout annual audits and review engagements of all legal entities (we have 10 audits and 3 reviews, and growing - all due by March/April) and