Job Description

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

The Senior Financial Analyst – Financial Modelling and Financing is responsible for conducting thorough funding analysis and developing comprehensive financial models for funding opportunities and grants from the Canada Mortgage and Housing Corporation (CMHC) or other financial institutions. This role will lead the financial impact statement review of Board/Committee reports and support the refinement of business models to aid strategic decision-making.

What you’ll do

Financial Modelling and Analysis

Develop, maintain, and enhance detailed financial models for multi-residential real estate projects, including proformas and cash flow analyses, to evaluate funding opportunities and grant applications.
Analyze funding proposals and provide detailed recommendations to senior management.
Conduct sensitivity analyses and scenario planning to assess the financial impact of various assumptions and market conditions to support decision-making processes on the total construction project life cycle costing, as well as the operating proforma optimization.
Collaborate with Development teams to gather necessary data and inputs for model development.
Collaborate with City teams to perform TCHC portfolio wide analysis and support City Council housing projects delivery
Funding and Grant Analysis

Identify and evaluate financing stack and options for multi-residential real estate projects, including debt, equity, and alternative financing structures.
Prepare and submit detailed funding applications, ensuring compliance with all requirements and deadlines.
Liaise with funding agencies and financial institutions to secure and optimize funding arrangements.
Prepare and present funding recommendations to senior management.
Financial Impact Statements

Lead the review and analysis of financial impact statements for Board/Committee reports.
Provide clear and concise summaries of financial implications, risks, and opportunities.
Collaborate with cross-functional divisional teams to gather and validate financial data for reporting purposes.
Strategic Decision Support

Provide strategic financial insights and recommendations to senior management.
Support long-term financial planning and strategic initiatives by providing robust financial analysis.
Monitor and report on key financial performance indicators and metrics.
Business Model Refinement

Support the refinement and enhancement of business models to align with strategic objectives.
Conduct in-depth financial analysis to identify areas for improvement and optimization.
Collaborate with business units to implement best practices in financial planning and analysis.
Stakeholder Collaboration

Build and maintain strong relationships with internal and external stakeholders, including TCHC teams, cost consultants, and funding agencies.
Communicate financial analysis results and recommendations effectively to non-financial stakeholders.
What you’ll need

University degree in Finance, Mathematics or Commerce
Accounting designation i.e. CA, CMA, CGA or CFA designation
Minimum of 5-7 years of experience in financial modeling and financing, and funding/grant analysis, preferably within the multi-residential real estate industry, or the non-profit housing sector
Advanced proficiency in Microsoft Excel, including experience with complex financial models and VBA, or other economics modelling software and applications
Experience with funding applications criteria and grant processes, particularly with CMHC, Infrastructure Ontario, and other similar funders
Excellent analytical and problem-solving skills
Strong communication and interpersonal skills, with the ability to present complex financial information clearly
Ability to manage multiple projects and meet tight deadlines
Detail-oriented with a high level of accuracy in financial analysis and reporting
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.

Required languages: English

Education level: University degree in Finance, Mathematics or Commerce, and an Accounting Designation (ie: CPA)

Required skills: Financial modeling, funding/grant analysis, Advanced Excel, VBA

Additional skills / Assets: multi-residential real estate industry finance experience

Closest intersection: Yonge Street and Bloor Street