Senior Consultant, Finance Housing Initiatives
City : Toronto/Downtown
Category : Property Accounting
Industry : Real Estate and Rental and Leasing
Employer : Toronto Community Housing Corporation
What we offer
In addition to a competitive salary and a rewarding career where you can truly make a difference, we offer a comprehensive package that meets the various needs of our diverse employees, including:
- Ability to participate in inclusive employee-led networks to educate, inspire, amplify voices, build relationships and provide development opportunities;
- Minimum three (3) weeks of paid annual vacation days, increasing with years of service;
- Four (4) paid personal days;
- Defined benefit pension plan with OMERS, includes 100-per-cent employer matching;
- Health and dental benefits, including a health spending account available upon your start date;
- Employee and family assistance program;
- Maternity and parental leave top up (93% of base salary);
- Training and development programs including tuition reimbursement of $1500 per calendar year;
- Fitness membership discount.
This job offers the opportunity to work from home as part of a hybrid work arrangement. This arrangement will allow you to work some days at a TCHC work location and the rest of the time from home. The amount of time required to work at a TCHC work location is flexible, while considering operational and service delivery requirements.
Make a difference
As the Senior Consultant, Finance Housing Initiatives reporting directly to the Senior Manager, Financial Strategy & Initiatives within the Finance Division, you will play a vital role in providing strategic business planning support and guidance across the organization. Your responsibilities will play a pivotal role in achieving the Mayor’s housing target and ensuring financial viability for new builds and other development projects. Your work will involve coordinating financial viability assessments on projects from the city’s building pipeline, working closely with development and finance teams to align housing initiatives with strategic goals. By ensuring alignment with TCHC's financial objectives and regulatory standards, you will contribute significantly to the organization's operational efficiency and long-term success. The role requires strong project management skills, with a PMP certification being a key requirement.
What you’ll do
Business Planning Coordination:
- Lead the coordination of business planning processes between the Finance and Development divisions for the Mayor’s New Housing Target and other Development projects, overseeing Program Review, coordinating financial viability assessments and working closely to align housing initiatives with strategic goals.
- Develop comprehensive business planning reports, presentations, and supporting documentation tailored for senior management and the CFO.
- Collaborate with departmental counterparts and external stakeholders to ensure seamless execution of business planning initiatives, aligning with TCHC's strategic objectives.
- Facilitate the development of and implement policies and procedures to support program targets with a focus on improving the financial viability of City building projects emphasizing financial sustainability and alignment with organizational goals.
- Ensure financial sustainability and overall program plans are aligned with the new TCHC strategic plan, supporting long-term operational goals.
- Support the development and implementation of divisional strategies that ensure all activities and budgets adhere to TCHC’s mission and strategic objectives.
- Supporting the alignment of financial policies with organizational strategies, ensuring that all business planning and decision-making processes adhere to TCHC’S standards and financial objectives.
Analysis and Advisory:
- Conduct thorough analysis of data related to housing market conditions and development projects, leveraging financial expertise.
- Provide strategic advice to senior management, including the CFO, and external entities such as external consultants and City partners and CMHC, substantiating cost benefit analysis to understand potential risks under various market conditions and advocating for funding allocations, ensuring alignment with TCHC's financial objectives.
- Prepare reports and presentations on the Development and Finance programs, offering insights into business planning implications and recommending strategic courses of action, emphasizing financial prudence and optimization.
Strategic Resource Development:
- Develop strategic planning resources and performance metrics within the Finance division to facilitate organizational planning endeavors, emphasizing financial efficacy and optimization.
- Undertake proactive research and analysis on emerging business planning trends and methodologies, advocating for their incorporation into TCHC's planning frameworks, with a focus on financial viability and sustainability.
- Assist in crafting and implementing tracking systems to monitor progress on housing targets, emphasizing financial performance and accountability.
Project Leadership and Management:
- Oversee the lifecycle of projects within the Finance division, from initiation through to completion, ensuring projects are delivered on time, within scope, and on budget.
- Develop and maintain comprehensive project plans, including timelines, milestones, resource allocation, and risk management strategies.
- Apply project management best practices to enhance efficiency, mitigate risks, and achieve project objectives.
- Lead cross-functional project teams, fostering collaboration and ensuring effective communication among stakeholders.
- Utilize project management software and tools to track progress, generate reports, and provide updates to senior management and the CFO.
- Act as project lead for the Development and Finance within the Finance division, including developing project plans, critical paths, and scheduling activities.
- Negotiate with internal and external stakeholders to determine optimal courses of action, presenting findings and recommendations to senior management, particularly the CFO.
- Maintain robust liaisons with various corporate support functions to ensure the integrity and efficacy of business cases and submissions within the Finance division
What you’ll need
- Bachelor’s degree in finance, Public Administration, Economics, or related field. Advanced degree (e.g., MBA) preferred but not required.
- Project Management Professional (PMP) certification and Designated accountant / Chartered Financial Analyst (CFA) designation in Canada is required.
- Minimum of 5-7 years of experience in policy analysis or development, performance measurement systems, research design or creating and monitoring accountability systems. or related roles.
- Experience in the housing or community development sector preferred but not required.
- Advanced financial modeling skills with proficiency in economics modeling software
- Proven track record of success in driving organizational growth and operational excellence through strategic leadership and effective decision-making.
- Proven track record in financial management, encompassing financial modeling and strategic financial analysis, ideally within the housing or community development sector.
- Strong decision-making skills, capable of providing strategic guidance to executive leadership, particularly the CFO.
- Demonstrated ability to establish and nurture strategic partnerships with stakeholders and industry leaders to advance organizational objectives.
- Proficiency in data analysis and interpretation, enabling the extraction of actionable insights from intricate datasets to drive informed decision-making.
- Outstanding communication and interpersonal skills, adept at articulating complex financial concepts effectively to a diverse range of stakeholders, aligning with the hierarchical reporting structure to the CFO within TCHC.
What’s next
Once you apply, we’ll review your resume and contact you if we believe your skills and experience will make you successful in the role. If you are selected to move forward, the process will include one or more interviews and/or assessments and reference checks.
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