08 Nov
|
Clarity Recruitment
|
East Gwillimbury
08 Nov
Clarity Recruitment
East Gwillimbury
Employment Type
Full-Time Location:
Newmarket, ON (On-Site) Salary:
$190,000–$200,000 Industry:
Real Estate Development & Residential Construction Position Type:
Backfill About the Chance
Our client is a privately held, owner-operated residential developer and builder. For more than a decade it has designed and built luxury custom homes and master-planned communities, managing every stage in-house from land acquisition and design through construction and customer care. The business operates through a multi-entity structure of Canadian corporations, limited partnerships and US entities, with active projects in Ontario, Florida and Texas.
Reporting to the President and leading an Accounting Manager, the VP Controller owns financial reporting, treasury, lender relationships and tax compliance across a multi-entity group. Key Responsibilities
Treasury and Lending
Take over day-to-day banking relationships as the lenders’ first call on draws, covenant reporting and new facility requests Manage construction loan draw processes across Canadian and US projects, including draw packages and reconciliation of lender reporting to the internal books Monitor covenants, guarantees and liquidity provisions across every facility
Maintain and present the weekly rolling cash flow forecast to ownership, and build out budget-to-actual reporting at the parent level Underwriting and Financing
Build underwriting, pro forma and financing models for new land and development opportunities, with sources and uses and a recommended structure Negotiate and restructure construction facilities and revolvers on improved terms Support capital raising and reporting for private and limited partnership investors Reporting, Accounting and Tax
Own financial reporting under ASPE across a multi-entity group, including project reporting, job costing, KPIs and variance analysis Oversee intercompany accounting,
foreign exchange and the wind-down of legacy entities Own the CRA relationship, keeping GST/HST filings and payment arrangements current across all entities, and coordinate with external Canadian and US tax advisors
Lead entity setup and corporate secretary matters with legal counsel, including minute books, articles and partnership documents Lead the annual corporate budget and business plan, including downside scenarios Team and Systems
Lead and develop the Accounting Manager toward full independence on the close Drive process improvement, documentation and automation, building on an AI-enabled finance stack What You Bring
CPA designation with senior finance experience in residential development, home building or construction Hands-on experience with construction lending, including draws, covenant compliance, lender reporting and debt financing Strong pro forma, budgeting, expense and cash flow forecasting skills
Project accounting and job costing expertise, with project reporting and revenue and margin analysis Multi-entity private company reporting under ASPE, including intercompany and foreign exchange GST/HST compliance experience
Proficiency in QuickBooks and Excel, and a track record of improving and automating finance processes A hands-on leader who has worked in small or mid-sized, owner-led environments and is comfortable doing the work, not only directing it Nice to Have
US tax exposure and cross-border Canada/US experience Experience managing limited partnership investor relationships and reporting Entity creation and corporate secretary experience Experience using AI tools such as Claude in a finance function Next Steps
Clarity Recruitment is an equal opportunity employer committed to fostering an inclusive and accessible recruitment process and workplace. If you require accommodation, please let us know in advance and we will work with you to meet your needs. Please note: We use AI-assisted tools for notetaking during the screening process.
📌 VP Controller (East Gwillimbury)
🏢 Clarity Recruitment
📍 East Gwillimbury