Accountant – Mortgage Lending (16-Month Contract with Potential for Permanent Employment)
Organization: Institutional Private Lender – Billion Dollar Portfolio
Employment Type: Full time Permanent
Start Date: November 2026
Location: Hybrid, North York, Ontario; 3-4 days per week remote, with potential to move to fully remote
Compensation: $140,000 - $185,000 per year
Reports To: Vice President, Finance
About the Role We're looking for an experienced Accountant to support our mortgage lending operations including financial statement reporting and with a particular focus on managing our borrowing base and our mortgage loss provision. Reporting to the VP of Finance and working closely with the President, you'll play a key role in managing our credit facility capacity, overseeing month-end for a group of associated companies, and ensuring our mortgage allowance accurately reflects portfolio risk.
Key Responsibilities
· Manage the borrowing base, working closely with the President to monitor loan eligibility, availability, and advances under our credit facilities.
· Apply a solid understanding of loan leveragability to assess how the mortgage portfolio supports borrowing capacity, and identify risks or opportunities affecting availability.
· Review and forward borrowing base reports and certificates for lenders at month end and as required under credit agreements.
· Calculate and manage the mortgage loss provision, analyzing delinquencies, arrears, and portfolio risk.
· Recommend monthly mortgage allowance provision adjustments to the VP of Finance, with clear supporting analysis.
· Review month-end close for a number of associated companies, as forwarded by the accounting team (i.e. 3 people) then co-ordinate and oversee the consolidation process.
· Build and maintain Excel reports and analyses, including pivot table and X-lookup–based portfolio and variance reporting.
· Support financial statement & portfolio (lender) audits, year-end reporting,
annual budget and ad hoc analysis for senior leadership.
· Manage and support staff as they prepare and navigate leveragability and reporting matters – assisting in complex scenarios and escalating with recommendations when necessary.
· Manage and maintain Lender relationships along with reporting and ad hoc inquiries.
· Prepare any number of ad-hoc analysis stemming from various sources (audit findings, staff questions, etc.) to identify systemic and process improvements, making recommendations, and executing on solutions.
Qualifications
· CPA designation (or progress toward it) preferred; degree in accounting or finance.
· 5+ years of accounting experience, ideally in mortgage lending, private lending, or financial services.
Assets
· Strong understanding of loan leveragability and hands-on experience managing a borrowing base.
· Experience calculating loan loss provisions or expected credit losses; familiarity with IFRS 9 or ASPE is an asset.
· Proficiency in Salesforce.
· Advanced Excel skills are an asset, knowledge of pivot tables and X-lookup is mandatory.
· Experience reviewing month-end close across multiple entities.
· Excellent communication skills, with the confidence to present recommendations to senior leadership.
· Self-motivated, highly organized, and able to manage competing deadlines.
What We Offer
· $145,000 - $180,000 annual salary
· 3 weeks of paid vacation per year
· Health and dental benefits after successful completion of a 3-month probationary period
· Potential conversion to permanent full time employment at the end of the 16-month term
How to Apply Please send your resume and a brief cover letter to
[email protected]. We thank all applicants for their interest; only those selected for an interview will be contacted.
Pay: $140,000.00-$185,000.00 per year
Benefits
- Dental care
- Employee assistance program
- Extended health care
- On-site parking
- Vision care
Work Location: Hybrid remote in North York, ON M3J 2P5
📌 Accountant – Mortgage Lending (16-Month Contract with Potential for Permanent Employment) (North York)
🏢 Extend Financial
📍 North York