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Chief Financial Officer (CFO)

Edmonton, Alberta · Accounting/Finance

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Chief Financial Officer (CFO)
Carrington Group of Companies – Edmonton, AB

The Carrington Group has 50 years’ experience in real estate development with operations in single family, multi family, rental, infill development and land development operations. We foster a dynamic, fast-paced, team-oriented environment.

About the Position:
Reporting to the CEO and Board of Directors, the Chief Financial Officer (CFO) is responsible for managing the financial actions of the organization; they perform effective risk management and plan the organization’s financial strategy. They oversee all divisional fiscal activity, including budgeting, reporting, operating costs and auditing. This role will ensure compliance with legal and regulatory documents and ensure that filings are completed by each divisional financial unit.

What we Offer:

Competitive compensation package
Comprehensive Benefits, including extended health & dental, life and disability insurance, and more.
Flexible spending account for additional health and wellness coverage.
Paid training and development programs.

Duties and Responsibilities:

Lead the ideation, planning and implementation of new and long-term business financial strategies.
Work with the leadership team to develop and execute corporate strategy and business plans to ensure that the company attains its short and long-term growth objectives.
Develop and mentor divisional Controllers and Senior Accountants to assist divisional performance with meaningful reporting and analysis, along with the performance of Controllers.
Provide guidance on corporate structure that provides operational transparency, while mitigating litigation and tax impacts.
Ensure appropriate accounting software is being utilized by all divisions, lead integration of new software or accounting tools and assist with ongoing updates and maintenance of accounting software.
Work closely with shareholders and executive leadership team to identify and assess new growth opportunities, both organic and through external business ventures.
Provide strategic oversight and guidance to the Information Technology (IT) leadership team, ensuring budgeting, process improvement, and software implementation align with overall business objectives and industry best practices.
Manage the banking relationship and ensure reporting compliance with financial institutions.
Coordinate quarterly financial forecast meetings with senior leadership to discuss operational and financial performance.
Identify and address financial risks and opportunities for the company.
Collaborate with project managers and development teams to ensure financial alignment, accurate project costing and profitability analysis.
Oversee cash management and capital structure needs, identify working capital and debt financing needs.
Create a capital plan that aligns with overall business plans and strategies and review the capital plan.
Lead negotiations and establish finance arrangements with lenders to support the company's business initiatives and growth strategies.
Review and approval of transactional amounts involving wires, EFTs, cheques and payroll, and ensure adequate funds are in accounts.
Lead corporate governance best practices and make suggestions on corporate governance practices that meet the long-term objectives of the key stakeholders.
Assist in the preparation of financial review materials and board materials and actively participate in all board and committee meetings.
Other related accounting and financial responsibilities.

Skills, Qualifications and Experience:

Chartered Professional Accountant (CPA) designation required
Post-secondary degree in Business, Accounting, Finance or related field is desired.
Eight (8) or more years of executive management experience as a financial leader in a medium-to-large organization, with proven or demonstrated leadership abilities is required.
Experience working in the real estate or construction industry and/or healthcare industry would be an asset.
Thorough understanding of accounting principles is required.
Understanding of local, provincial, and federal workplace compliance regulations, ordinances, and legislation requirements preferred.
Knowledge of accounting and finance software such as Dynamics365, Sage, CaseWare, Concur, etc.
Excellent understanding of Canadian tax laws and regulatory requirements including GST, payroll taxes and construction specific tax issues.
A valid class five (5) driver’s license is required.
A clean drivers abstract is required for the operation of company vehicles on public roadways.
Comprehensive Background Check to the company’s satisfaction is required.

To apply, please visit us at https://www.carringtongroup.ca/about-us/careers

Only those who are legally authorized to work in Canada will be considered for employment. If you are not currently authorized to work in Canada, your application will not be considered.

The Carrington Group is an equal opportunity employer. All qualified applicants will receive consideration for employment and will not be discriminated against based on their race, gender, sexual orientation, gender identity, religion, national origin, age, disability, veteran status, or other protected classification.

We would like to thank all applicants; however only those selected for an interview will be contacted.
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Carrington Holdings

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