Associate Director of Finance

About the Job

Director of Finance / Associate Director of Finance

Location:
Head Office, Toronto

Department:
Finance

Reports to:
Vice President of Finance

Salary Range:
$140,000 – $175,000 CAD

Job Type:
Full-time

Work Model:
Hybrid (4 days per week in office, Fridays work from home)

This is an existing vacancy.

About the Job

Our client is seeking a
Director of Finance / Associate Director of Finance
to play a critical leadership role in executing and scaling the company's finance function in support of its residential development business. This role is integral to driving data-informed decision-making, financial discipline, and operational excellence across the organization.

Reporting to the Vice President of Finance, this position partners closely with Development, Construction, Sales & Marketing, and Accounting teams to deliver robust financial modeling, project-level reporting, and strategic insights throughout the full development lifecycle.

This opportunity is well suited for a senior finance professional with strong real estate or construction exposure who thrives in a fast-paced, growth-oriented environment and wants to make a meaningful impact on complex development projects.

What You'll Accomplish in This Role

Project Finance & Budget Oversight

• Update, track, and review project development budgets across all construction phases.
• Identify financial risks and opportunities relative to budgets, forecasts, and strategic objectives.
• Support feasibility assessments and financial modeling for land acquisition and development planning.

Financial Modeling, Decision Support & Cash Management

• Lead the preparation, maintenance, and enhancement of detailed project pro formas for leadership review.
• Conduct sensitivity analyses, scenario modeling, and deep-dive cost reviews on targeted line items.
• Assist in developing and improving financial planning tools, systems, and analytical processes.
• Review and present cash positions and project waterfalls with the VP prior to distribution approvals, ensuring accuracy and compliance.
• Provide financial analysis and decision support across Finance, Development, Sales & Marketing, and Construction teams.

Governance, Compliance & Due Diligence

• Lead financial due diligence for new development opportunities, acquisitions, and financing initiatives.
• Engage with lenders and support project financing activities, submissions, and negotiations.
• Monitor government funding programs and evaluate applicability to current and future projects.

Month-End, Reporting & Accounting Collaboration

• Partner with Accounting on month-end close, variance analysis, and financial reviews.
• Support preparation of executive reporting packages, forecasts, annual budgets, and multi-year business plans.

Other Duties

• Participate in special projects and strategic initiatives, as assigned.

What You'll Bring to the Table

• CPA, CFA, MBA, or equivalent financial designation preferred.
• 7–12+ years of progressive finance experience, ideally within real estate development or construction.
• Strong expertise in financial modeling, budgeting, forecasting, and project-level financial tracking.
• Advanced proficiency in development pro formas and feasibility analysis.
• Proven ability to manage multiple priorities in a deadline-driven environment.
• Excellent communication skills and the ability to collaborate effectively across functions and senior stakeholders.

Core Competencies

• Analytical Strength
  – Ability to translate complex financial data into actionable insights.
• Financial Modeling Expertise
  – Advanced underwriting, sensitivity analysis, and scenario modeling skills.
• Detail Orientation & Accuracy
  – Ensures precision across budgets, forecasts, and pro formas.
• Collaboration & Influence
  – Trusted financial partner across development, construction, and leadership teams.
• Problem-Solving & Initiative
  – Proactively identifies challenges and proposes practical solutions.
• Operational Mindset
  – Connects financial outcomes to real-world development and construction activities.

Key Performance Indicators (KPIs)

• Accuracy, completeness, and timeliness of project budgets and forecasts.
• Quality and reliability of financial models and pro forma analyses.
• Effectiveness and clarity of executive reporting delivered to the VP and leadership team.
• Reduction in cost variances and improved project financial visibility.
• Quality and timeliness of due diligence packages and lender submissions.
• Leadership effectiveness within the finance function and across cross-functional teams.
• Accuracy and readiness of cash flow and waterfall reporting prior to distribution approvals.

Why This Opportunity?

• Competitive base salary
• Hybrid work model
• Exposure to complex, high-value residential development projects
• Direct partnership with executive leadership and key business stakeholders
• Opportunity to influence financial strategy and operational outcomes
• Collaborative, growth-oriented work environment

All candidates must successfully complete a full background check.

We use AI technology as part of our application review process to assist with screening and assessment. All applications are also reviewed by our recruitment team.