Organizational Summary
HomeEd is on a mission to provide Edmontonians with quality, affordable housing. Our team goes to work every day, driven by our purpose that better housing can’t wait and inspired by our vision ofbeing Edmonton’s first choice for an affordable home you love. Whether we’re developing new properties or managing the 1300+ units we already own and rent around the City, we do so in service to Edmontonians.
Our staff members are everyday heroes making an impact in the lives of the Edmontonians who need us. Our values are central to how we work and succeed as a team:
- Raise the Bar: We embrace challenges and change, relentlessly pursuing progress and growing impact.
- Care for Community: We are considerate and accountable, fostering belonging through respect, understanding & commitment.
- Stay Safe: We are proactive and prudent in managing risks and nurturing wellbeing.
We’re always looking for engaged, talented people to help us achieve big things in our community. For us, being a great place to work means:
- Doing meaningful work alongside caring team members that want to make a difference in people’s lives;
- Professional development plans and budgets to keep you inspired, learning, and advancing your career;
- Competitive salaries and benefits, with additional compensation for exceptional work;
- Prioritizing the health and wellness of our team, with a paid Personal Wellness Day every two weeks to recharge.
For more information about HomeEd, please visit www.myhomeed.ca
Position Summary:
The Vice President, Finance oversees HomeEd’s finance, accounting, compliance and risk management activities. As a member of HomeEd’s executive team, this individual will play an instrumental role in the management and growth of the organisation. The position requires strategic thinking and leadership abilities, alongside strong financial acumen and attention to detail.
Following a successful probationary period, the individual will be appointed as HomeEd’s Chief Financial Officer. As an Officer of the Corporation, the individual will be expected to undertake the obligations and authorities identified under HomeEd’s governance framework.
Essential Duties and Responsibilities:
Financial Strategy and Accounting
- Oversee all financial reporting, ensuring compliance with appropriate GAAP standards and regulatory requirements.
- Analyse financial and operational data against budget and KPIs within the required timelines.
- Coordinate the Corporation's annual audit, budgeting, and financial planning processes.
- Oversee the Corporation's payroll service and ensure corporate adherence to employment legislation. Advise on compensation and benefits matters as required.
Treasury, Capital, and Risk Management
- Oversee treasury operations, including cash management and funding of capital projects.
- Actively monitor cash flows, developing and managing policies, processes, and risks related to accounts payable and receivable.
- Manage and track the performance of invested assets and reserves in keeping with policies and investment expectations.
- Collaborate with HomeEd’s Executive Team on the planning, analysis, transacting and funding of capital projects including property acquisition, development, rehabilitation, and annual operating activities.
- Secure loans and grants to finance growth projects and operations.
- Oversee procurement processes, negotiating and authorising agreements as required.
- Manage HomeEd’s insurance policies and relationships, ensuring effective risk mitigation and claims management.
- Oversee the Corporate Risk Register, assessing new and ongoing risks to the Corporation and recommending mitigation measures.
Information Technology, Governance and Compliance
- Manage the use, maintenance, and upgrade of financial and information technology systems. Assess the opportunity for, and lead the implementation of, advanced analytics, digitisation, and/or automation of work activities.
- Oversee the collection, organization, privacy, and security of internal and external data for use by HomeEd.
- Manage lender, banking, tax and regulatory reporting relationships, ensuring all reporting requirements are achieved.
- Monitor and ensure compliance with purchasing authority and contract management protocols.
Leadership & Culture
- Manage a team of direct and indirect reports to achieve departmental and organisational outcomes.
- Provide guidance and coaching to develop staff, promote teamwork, and manage performance.
- Maintain a respectful and professional attitude, with a high level of service and responsiveness to staff, tenants, and stakeholders.
- Prioritise the safety of self and all employees by following HomeEd’s safety protocols and policies. This duty requires a proactive approach to completing hazard assessments and actively participating in improving the overall safety culture of HomeEd.
- Support the Chief Executive Officer, which includes:
- Serve as a member of the Executive Team, actively contributing to the development and improvement of corporate strategies, policies, and positions.
- Attend Board and Committee Meetings and make presentations.
- Participate in and carry direct responsibility for a variety of corporate initiatives and projects.
Qualifications:
- CPA designation required; public sector accounting experience is preferred.
- 10+ years in accounting and finance with proven work experience in a senior management role; preference for experience in real estate development and/or property management.
- Proven expertise in assembling and managing project financing, preferably for the development and acquisition of real estate.
- Demonstrated knowledge and sound understanding of risk management and internal controls.
- Experience and understanding of enterprise resource planning (ERP) systems (preference for Yardi), alongside other information systems and analytics platforms.
- Preference for familiarity with non-profit environments, including reporting to a Board of Directors and regulatory agencies.
Physical Demands:
- While performing the duties of this position, the employee is regularly required to possess sufficient physical ability and mobility to walk, stand and sit for prolonged periods of time; to frequently stoop, bend, kneel, crouch, crawl, climb, reach, twist, grasp and make repetitive hand movement in the performance of daily duties; to lift, carry, push and/ or pull moderate to heavy amounts of weight; to operate assigned equipment; and to verbally communicate to exchange information.
- Specifically, the employee must be able to bear a weight of 50 lbs.
- In order to perform the duties of this position, the employee will need to be able to see in the normal visual range, with or without correction, and to hear in the normal audio range, with or without correction.
Work Environment:
- Work is performed in both indoor and outdoor environments.
- Part of your job will be to work with people in high-risk situations and the vulnerable sector, which requires a criminal record check.
- The job requires some travel. As such, the position should have regular access to a reliable vehicle and must possess a driver's license valid in the Province of Alberta and appropriate vehicle insurance as per HomeEd policies.
- Due to the nature of the position, the employee should be available to respond to any situation during work hours.
- Evening and weekend availability may be required.
If you are interested in this position, please forward your resume in confidence through LinkedIn. Please include your telephone and email contact information, along with your full work experience and education in your submission.
We would like to thank all applicants for your interest. To ensure that the recruitment process for this position runs as smoothly and as efficiently as possible, it is our policy to only contact successful candidates during the application stage.
