Director of Real Estate Finance in Thornhill | $80k–$120k/annually (2025-12-05)
Right People. Right Jobs
Our client is a dynamic, mid-sized real estate investment group with a diversified portfolio of approximately 2 million sq. ft. across industrial, retail, and office assets, held through 14 GP/LP and corporate entities. As they build their new in-house property management company, they are seeking a Director of Real Estate Finance to establish, lead, and scale the finance and accounting function.
This is a senior, hands-on leadership role well suited for someone who thrives in an entrepreneurial, fast-paced environment and is eager to build processes, systems, and a high-performing team from the ground up.
Key Responsibilities
- Prepare monthly financial statements, maintain GL accuracy, align rent rolls, and complete bank reconciliations across multiple properties and entities
- Produce monthly reporting packages (P&L, cash flow, rent roll, variance analysis) and maintain audit-ready financial records
- Lead annual operating budgets, build multi-year cash flow forecasts, and support CAPEX planning and long-term maintenance programs
- Manage CAM/TMI budgeting, allocations, and year-end reconciliations; ensure accurate tenant recoveries and strengthen cost allocation processes
- Prepare year-end audit working papers, act as primary contact for auditors, and manage all lender reporting (financials, rent rolls, DSCR/LTV calculations, CAM/TMI packages, covenant tracking)
- Support refinancing, loan renewals, and lender due diligence
- Build financial models for acquisitions/refinancing; perform NOI, cap rate, DSCR, IRR, and sensitivity analyses; prepare investment memos and support due diligence
- Implement and optimize property management/accounting systems (Yardi, MRI), drive automation and process improvements, and establish strong internal controls
- Lead and mentor property accounting staff as the finance function scales
Qualifications
- 7–12 years of experience in real estate finance or property accounting
- Strong understanding of industrial, retail, and/or office real estate operations
- Proven experience with CAM/TMI budgeting and reconciliations
- Advanced financial modeling skills (NOI, DSCR, IRR, refinancing scenarios)
- Strong Excel capabilities; experience with Yardi/MRI is a major asset
- CPA designation preferred (or strong accounting foundation)
- Experience working with lenders, auditors, and ownership groups
- Demonstrated ability to build processes, systems, and teams from scratch
- Strong communication, leadership, and problem-solving abilities
- Ability to excel in a high-accountability, entrepreneurial environment
Compensation & Benefits
- Annual salary: CAD $80,000–$120,000K annually
- 10 paid vacation days
- Health insurance eligibility after 6 months of employment
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Job Features
| Job Category | Clerical / Office / Administrative |
