Manager, Finance - Rent Geared to Income

at  Dixon Hall

Employment Type: Full-time, Permanent
Department: Finance
Union: Excluded
File #: 24-FA-03
Posting Date: March 24, 2024
Posting Close: April 8 , 2024

POSITION SUMMARY

Reporting to the Director, Finance, the RGI-Finance Manager will play a significant role in advancing Dixon Hall’s mission by maintaining high standards and supporting the continuous improvement of Dixon Hall’s Finance department. The RGI-Finance Manager is responsible for supporting the effective delivery of projects in Supportive Housing and Real Estate & Property Management divisions. The RGI-Finance Manager will also ensure oversight for all matters related to financial expenditure and reporting, as well as aiding the financial and operational reporting, day-to-day management and external audits.

Qualifications

• Bachelor’s degree in finance, accounting, business administration, or related field; CPA designation preferred.
• Minimum of 5 years of experience in finance and accounting, with at least 2 years of experience in property management or affordable housing finance.
• Strong knowledge of RGI housing programs, regulations, and funding mechanisms in Ontario, particularly in the Toronto area.
• Proficiency in financial analysis, budgeting, and reporting software (e.g., Yardi, Microsoft Excel and other financial software packages).
• Excellent communication, leadership, and interpersonal skills.
• Ability to work effectively in a collaborative team environment and manage multiple priorities in a fast-paced, dynamic organization

The RGI-Finance Manager ‘s role in the realm of property management, is multifaceted and crucial for the financial health and success of the properties you oversee. The following are the specifics:

• Strategic Financial Planning: Collaborate with colleagues to align financial strategies with organizational goals.
• Develop innovative approaches to maximize rental income and enhance property management practices with Property Management.
• Monitor key performance indicators (KPIs) to measure operational success with Property Management.
• Identify and implement improvements to streamline workflows and optimize processes.
• Manage vendor relationships to ensure timely and cost-effective goods/services.
• Develop and implement financial policies, procedures, and controls specific to RGI properties.
• Prepare and manage annual budgets (operating, capital Improvement and capital replacement) for property operations, including forecasting revenue and controlling expenses.
• Create 10-year cash flows projections for RGI properties.
• Manage relations with all lending agencies and organizations.
• Work closely with partners and stakeholders to support the programs and processes that will drive financial stability and compliance.
• Monitor financial performance and provide regular reports for senior management and the board of directors on a timely basis (monthly, quarterly, and annual financial statements.
• Ensure compliance with government regulations, funding requirements, and reporting standards related to RGI housing programs.
• Coordinate with external auditors, funding agencies, and regulatory bodies as needed.
• Stay updated on changes in regulations and industry best practices related to RGI housing finance and accounting.
• Responsible for all financial transactions, such as rent calculations, subsidies, and lease agreements, accounts payable, and general ledger to ensure accuracy and compliance.
• Identify financial risks and implement effective risk mitigation strategies.
• Establish and maintain internal controls to safeguard assets and ensure integrity of financial data.
• Conduct regular audits and reviews to assess compliance and identify areas for improvement.

Qualifications

• Bachelor’s degree in finance, accounting, business administration, or related field; CPA designation preferred.
• Minimum of 5 years of experience in finance and accounting, with at least 2 years of experience in property management or affordable housing finance.
• Strong knowledge of RGI housing programs, regulations, and funding mechanisms in Ontario, particularly in the Toronto area.
• Proficiency in financial analysis, budgeting, and reporting software (e.g., Yardi, Microsoft Excel and other financial software packages).
• Excellent communication, leadership, and interpersonal skills.
• Ability to work effectively in a collaborative team environment and manage multiple priorities in a fast-paced, dynamic organization.

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