Finance Manager, Real Estate Development at Canterra Group

Toronto, Ontario, Canada -

Full Time

Start Date

Immediate

Expiry Date

06 Jun, 26

Salary

160000.0

Posted On

08 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

CPA, Financial Reporting, Corporate Cash Flow Management, Project Financing, Construction Financing, Lender Relations, Cash Management, Loan Applications, Mortgage Administration, Compliance Reporting, Cash Flow Forecasting, Financial Modeling, Excel, Communication, Relationship Building

Industry

Staffing and Recruiting

Description

Finance Manager – Real Estate Development Location: Toronto, Ontario Industry: Real Estate Development Search Managed By: Canterra Group Compensation: $120,000 to $160,000 plus bonus, rrsp matching and benifits The Opportunity Canterra Group is proud to be supporting a top 5, highly respected and established real estate development organization in the Greater Toronto Area with the confidential search for a Finance Manager. This organization is widely recognized as one of the leading developer-builders in the Canadian market, with a long-standing track record of delivering large-scale residential communities, AAA Office towers and landmark development projects. The Finance Manager will play a key role within the company’s finance team, working closely with senior leadership to support debt management, project financing, and corporate cash flow planning across a diverse portfolio of development projects in the residential high-rise, low-rise, large AAA commercial office and light industrial manufacturing sectors. This position offers an excellent opportunity for an ambitious finance professional who is looking to grow their career within a sophisticated real estate development platform and gain exposure to complex financing structures and major development initiatives. The Role Reporting to the Vice President, Finance, the Finance Manager will be responsible for supporting the financial operations of multiple development projects, with a focus on construction financing, lender relations, and corporate cash management. This role requires a detail-oriented finance professional who thrives in a fast-paced environment and enjoys collaborating with both finance and development teams. Requirements Key Responsibilities Prepare and submit monthly construction draw requests to lenders across multiple development projects. Manage and submit deposit release requests related to residential condominium developments. Oversee project cash management, including preparation of funding requests and distributions. Assist with loan applications, construction financing, mortgage administration, and compliance reporting. Collaborate with internal accounting teams to support cash flow forecasting for development projects, particularly within low-rise residential portfolios. Contribute to the preparation and maintenance of the company’s three-year forward corporate cash flow projections. Prepare monthly finance reporting packages outlining development financing status and key financial metrics. Coordinate and monitor letters of credit and surety bonds associated with development projects. Review monthly cash distribution drafts prepared by property accountants for income-producing assets. Manage documentation and processes related to corporate banking, credit facilities, and financial accounts. Support ongoing financial analysis, reporting, and special projects as required by senior leadership. Qualifications & Experience CPA designation (CA/CPA) required. Minimum 5+ years of progressive accounting or finance experience, including at least 3 years in public accounting or real estate industry. Real estate industry experience is strongly preferred. Strong knowledge of financial reporting, corporate cash flow management, and project financing. Experience working with construction lenders, financing structures, and development projects is an asset. Highly advanced Excel and financial modeling skills. Experience with JDE EnterpriseOne (8.9+) is considered an asset. Strong communication and relationship-building skills. Ability to work in a fast-paced, evolving development environment with strong attention to detail. Why This Opportunity Join one of the most respected real estate development organizations in the GTA Exposure to large-scale residential, commercial and industrial development projects Work directly with senior finance leadership on strategic initiatives Strong platform for long-term career growth within real estate development finance Collaborative and professional corporate culture Confidential Search This search is being conducted by Canterra Group, a leading executive search firm specializing in real estate development, construction, and infrastructure recruitment across Canada. All applications and inquiries will be handled with strict confidentiality. Qualified candidates are encouraged to apply directly or reach out to Canterra Group for a confidential discussion.

Responsibilities

The Finance Manager will prepare and submit monthly construction draw requests and deposit release requests, oversee project cash management including funding requests, and assist with loan applications and compliance reporting across various development projects. This role also involves contributing to corporate cash flow projections and preparing monthly finance reporting packages detailing financing status.