Corporate Finance Manager

2 weeks ago


Ontario, United States Frontier Homes Full time
Job DescriptionJob Description

The salary range displayed represents the typical salary range of candidates hired. Factors that may be used to determine actual salary may include the candidate’s specific skills, how many years of experience in comparison to other employees already in this role. The typical candidate is hired below midpoint of the range.

SUMMARY:

Reporting to the Chief Financial Officer, the Corporate Financial Manager will be responsible for assisting in activities that support the financial reporting of Frontier’s portfolio under the direction of the CFO and Corporate Controller. Responsibilities include compiling the data that reflects the different aspects of a property’s life cycle, from its initial operations to stabilized operations through the review of property financial statements. As knowledge and skills grow, the Corporate Financial Manager will gradually take on responsibilities with greater complexity.

DUTIES AND RESPONSIBILITIES:

  • Preparing and consolidating budgets for homebuilding, apartments, industrial and commercial assets
  • Preparing and consolidating cashflows for homebuilding, apartments, industrial and commercial assets
  • Preparing and consolidating proformas for homebuilding, apartments, industrial and commercial assets
  • Roll up of each asset class into an enterprise financial
  • Preparing bank proformas, presentations and loan recaps
  • Work with broker on presentation of commercial assets for sale and/or lease
  • Work with management company on budgets and analysis of results
  • Participate in meetings/calls with team members, property management, investors, service providers, outside counsel, and others.
  • Respond to internal and external inquiries in a timely, accurate, and professional manner.
  • Perform timely review and analysis of property-level financial data, including proformas, annual operating budgets, monthly financial statements, residual receipts analysis, year-end audited financial statements, and tax returns.
  • Work with Corporate Controller to assess operational or other property issues and monitor watch list properties.
  • Review vendor bids and reconcile them to financials/budgets.
  • Utilize advanced Excel skills for pivot tables and trend analysis and create comprehensive reporting on Key Performance Indicators (KPIs) that guide informed decision-making.
  • Prepare residual receipts/cash flows, waterfall calculations based on annual audited financials, and CPI increases.
  • Understanding of real estate accounting principles and financial reporting procedures with the ability to analyze variances.
  • Timely and organized database input and maintenance.
  • Coordinates and communicates with other project teams within Frontier.
  • Cross-train in other department areas to gain full understanding of all aspects of departmental responsibilities.
  • Other job duties or special projects as needed.

Success will be dependent on the candidate’s ability to thrive in an environment that is highly entrepreneurial, strategic, and creative which requires rapid learning, managing multiple priorities, and executing under tight deadlines.

EDUCATION, EXPERIENCE, KNOWLEDGE, QUALIFICATIONS:

  • Bachelor’s degree plus 5-years’ experience in finance departments in real estate
  • Must have ability to build and coordinate budgets, cashflows and proformas
  • Must have the ability to consolidate budgets, cashflows and proformas and roll up asset classes
  • Must have experience in working with 3rd party consultants
  • Strong analytical and quantitative skills with emphasis on financial analysis.
  • Knowledge of property management and real estate investment management software.
  • Knowledge of low-income housing tax credit programs is a plus.
  • Professional business image and excellent command of the English language, both verbally and in writing (spelling, grammar, and punctuation).
  • An excellent customer service attitude demonstrated by an ability to produce high-quality deliverables in an accurate and timely manner.
  • Strong computer literacy is required, particularly regarding spreadsheet and word processing applications such as Microsoft Excel, Word, Outlook, and PowerPoint.
  • Demonstrated ability to maintain confidentiality and to use discretion in the performance of daily activities.
  • Ability to learn quickly and demonstrate ability to work independently and as part of a high-performance team.
  • Willingness to provide feedback and ideas on how to improve the properties.

PHYSICAL REQUIREMENTS:

  • Standing and sitting throughout shift with occasional bending and lifting
  • Occasional lifting of 10-15 pounds with assistance if necessary

The above job description is representative of the duties and responsibilities of the position but may not be inclusive of every aspect of the position.



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