Title: Manager, Finance & Analytics
Department: Finance
Reports To: VP, Finance & Analytics
About Us:
Madison Group is a family-owned, widely diversified real estate and land development company with extensive experience in building master-planned communities, low-rise, and high-rise residential projects. Madison Group also operates a substantial portfolio of retail, commercial, and industrial projects.
For over 55 years, Madison Group has built its foundation on integrity, innovation and strong commitment to our customers. We are dedicated to creating quality homes and residences in desirable areas firmly rooted in a sense of community. Our reputation is defined by the talent, dedication, and passion of our team.
For further information, please visit our website at madisongroup.ca.
General Description:
This new role, Manager of Finance & Analytics will play a critical role in supporting the financial planning and analysis function at Madison Group. This role involves providing detailed financial insights, preparing forecasts and budgets, and assisting in strategic decision-making processes. The ideal candidate will have a strong background in finance, exceptional analytical skills, and experience in the real estate development industry.
Primary Responsibilities:
- Prepare and present management reporting to senior management on an ongoing basis.
- Lead the conversion of existing reporting packages into an online dashboard environment using Power BI.
- Manage the monthly bank loan draw process for active developments, including coordinating with and overseeing project monitors where applicable.
- Prepare and maintain project proformas for current and future developments, including:
- Assisting the land acquisition team with financial modeling and proformas for potential development sites.
- Assisting the sales team with proformas and financial analysis for upcoming sales releases.
- Preparing proformas and supporting materials for credit applications and lender financing.
- Preparing proformas and financial analyses for partners and potential investors.
- Prepare and maintain project cash flow forecasts on an ongoing basis
- Oversee CORRA renewals.
- Collaborate with various departments to continuously update project budgets and implement budget changes within the ERP system.
- Fulfill various finance-related ad hoc requests from other departments.
- Assist with credit applications and lender reporting requirements.
- Exposure to all facets of the company’s business, including low-rise and high-rise development, seniors housing, commercial properties, parking assets, and mortgage financing.
- Support corporate cash flow forecasting and monitoring.
- Participate and contribute to management meetings with ownership and other senior management.
Required Skills and Qualifications:
- University degree in Finance, Accounting, Business Administration, or a related field
- Minimum of 5-7 years of experience in financial analysis, preferably in the real estate development industry
- CPA, CFA, or CAIA designation (or in progress) is an asset.
- Experience with SQL and Power BI ideal.
- Proficiency in Microsoft Office, specifically Excel
- Knowledge of NewStar and Yardi considered an asset
- Excellent communication and presentation skills
- Strong organizational and multitasking abilities with keen attention to detail
- Ability to work independently, take initiative, and deliver on objectives.
Madison Group celebrates diversity and is proud to be an equal opportunity employer. We are committed to creating an inclusive environment for all employees and applications and make all employment-related decisions without regard to race, colour, religion, sex, national origin, sexual orientation, gender, age or disability.
We thank all applicants for their interest; however, only those selected for an interview will be contacted.
Salary $120,000 to $130,000
AI will not be used to screen resumes or during the interview process.
