Finance Coordinator

at  Great Gulf

351 King St E, Toronto, ON M5A 2W4, Canada Req #360
Thursday, November 14, 2024
From our first lot in Cambridge, Ontario, to residential, commercial, and recreational developments in 18 cities across North America, we’ve come a long way. While a lot has changed in that time, one thing hasn’t: our unwavering commitment to building great spaces that inspire the people who live, work and play. With over 45 years of experience, we continue to transform and lead the industry with technology, sustainable design and innovation with a multi-faceted portfolio including commercial, mixed used and residential development, construction management and software, engineering penalization manufacturing, architecture and hospitality.
All companies under the Great Gulf Group umbrella are united by one simple goal: the pursuit of greatness. It’s achieved daily with the passion and dedication of every person who works tirelessly to make us great. If you have what it takes to make great things happen, apply today to join our team!
Great Gulf is seeking a talented and experienced Finance Coordinator to join our team in Toronto.
The Finance Coordinator will be an integral member of the Corporate Finance team, primarily supporting the preparation and management of financial reports, business plans, and cash flow. This role will focus on assisting with the creation, compilation, and management of the company’s corporate cash flow forecast, ensuring cash inflows and outflows are tracked accurately and align with business objectives. The Finance Coordinator will also assist with quarterly financial reporting, business plan compilations, and tracking of credit facilities, providing valuable insights to ensure financial performance is optimized.

REQUIRED SKILLS AND EXPERIENCE

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
• 1-2 years of experience in finance, accounting, or a related field, with a focus on cash flow management, financial reporting, and budgeting.
• Experience in managing or assisting with cash flow forecasts is highly preferred.
• Familiarity with financial systems or software, such as Constellation Newstar, Microsoft Dynamics Navision, or similar tools, is a plus.
• Strong proficiency in Microsoft Excel (advanced functions, financial modeling, cash flow tracking, etc.), along with knowledge of Word and PowerPoint for reporting and presentations.
• A understanding of financial principles, particularly in cash flow management, financial reporting, and budgeting.
• Familiarity with credit facilities, loan tracking, and debt management is beneficial.
• Excellent analytical skills, with a keen eye for detail and the ability to interpret financial data.
• Strong organizational skills with the ability to manage multiple tasks and deadlines effectively.
• Strong written and verbal communication skills, with the ability to explain complex financial information clearly to both financial and non-financial stakeholders.
• Ability to work collaboratively with cross-functional teams and other departments, while also being able to work independently when required.

PREFERRED QUALIFICATIONS

• Industry Experience: Previous experience in corporate finance, real estate, or related sectors is advantageous.
• Professional Designations: While not required, certifications such as CFA, CA, or CPA are considered an asset.
  We encourage you to apply, even if you don’t meet all the qualifications. If you are the right candidate, we will help you learn and grow.

Why join Great Gulf?

• Opportunity to work for a leading real estate development company
• Exciting projects and challenging opportunities to develop high-profile residential, commercial, and mixed-use developments.
• Competitive salary and benefits package
• Dynamic and collaborative work environment
• Commitment to sustainability and social responsibility

Great Gulf Group of Companies is committed to providing a fair and equitable work environment and encourages applications from qualified women, men, visible minorities, aboriginal peoples and persons with disabilities. As per the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act (AODA), Great Gulf will accommodate the needs of applicants with disabilities throughout all stages of the selection process. If you need accommodation during the recruitment process, please advise Human Resources.
To be eligible to apply for this position you must be legally entitled to work in Canada. We are not accepting International applicants without a valid work permit. We thank all applicants for their interest. Only successful candidates will be contacted.

• Cash Flow Management:
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• Primary responsibility: Assist in the creation, compilation, and ongoing management of the company’s corporate cash flow forecast, ensuring it accurately reflects all cash inflows and outflows across departments and projects.

• Monitor actual cash flows against forecasts, identify variances, and provide actionable insights to senior management for timely corrective actions.
• Work closely with other departments to gather detailed data on cash flow expectations and ensure the cash flow forecast aligns with the company’s short- and long-term goals.
• Help identify potential cash flow issues or liquidity risks and collaborate with the finance team to develop solutions to mitigate them.
• Quarterly Reporting:
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• Assist in the preparation and compilation of quarterly financial reports for senior management, ensuring accuracy and alignment with corporate financial goals.

• Coordinate with different business units to gather the necessary financial data to produce comprehensive and timely reports.
• Business Plan Compilation:
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• Support the creation and compilation of the company’s annual business plan, ensuring financial projections, forecasts, and operational goals are included.

• Collaborate with cross-functional teams to collect data and insights needed for the preparation of business plans, including revenue and cost estimates.
• Credit Facilities Tracking:
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• Monitor and track the company’s credit facilities, including debt covenants, loan agreements, and interest payments.

• Assist in preparing and maintaining reports related to credit facilities, ensuring compliance with financial covenants and loan terms.
• Financial Data Coordination:
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• Work with various departments to gather, organize, and validate financial data, ensuring its accuracy for reporting and forecasting purposes.

• Maintain well-organized financial records and databases to support the efficient retrieval of information.
• Ad-Hoc Financial Support:
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• Provide ad-hoc financial analysis and reporting support to the finance team and senior management for decision-making and strategic initiatives.

• Assist in analyzing financial data to provide insights that inform corporate decision-making.
• Process Improvement:
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• Contribute to identifying opportunities for process improvement within the financial reporting, budgeting, and cash flow management functions.

• Help implement best practices to improve the accuracy, efficiency, and timeliness of financial reporting and cash flow management.