Vp Controller

Employment Type:
Full-TimeLocation:
Newmarket, ON (On-Site)Salary:
$190,000–$200,000Industry:
Real Estate Development & Residential ConstructionPosition Type:
BackfillAbout the Opportunity
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 requestsManage construction loan draw processes across Canadian and US projects, including draw packages and reconciliation of lender reporting to the internal booksMonitor covenants, guarantees and liquidity provisions across every facilityMaintain and present the weekly rolling cash flow forecast to ownership, and build out budget-to-actual reporting at the parent levelUnderwriting and Financing
Build underwriting, pro forma and financing models for new land and development opportunities, with sources and uses and a recommended structureNegotiate and restructure construction facilities and revolvers on improved termsSupport capital raising and reporting for private and limited partnership investorsReporting, Accounting and Tax
Own financial reporting under ASPE across a multi-entity group, including project reporting, job costing, KPIs and variance analysisOversee intercompany accounting, foreign exchange and the wind-down of legacy entitiesOwn the CRA relationship, keeping GST/HST filings and payment arrangements current across all entities, and coordinate with external Canadian and US tax advisorsLead entity setup and corporate secretary matters with legal counsel, including minute books, articles and partnership documentsLead the annual corporate budget and business plan, including downside scenariosTeam and Systems
Lead and develop the Accounting Manager toward full independence on the closeDrive process improvement, documentation and automation, building on an AI-enabled finance stackWhat You Bring
CPA designation with senior finance experience in residential development, home building or constructionHands-on experience with construction lending, including draws, covenant compliance, lender reporting and debt financingStrong pro forma, budgeting, expense and cash flow forecasting skillsProject accounting and job costing expertise, with project reporting and revenue and margin analysisMulti-entity private company reporting under ASPE, including intercompany and foreign exchangeGST/HST compliance experienceProficiency in QuickBooks and Excel, and a track record of improving and automating finance processesA hands-on leader who has worked in small or mid-sized, owner-led environments and is comfortable doing the work, not only directing itNice to Have
US tax exposure and cross-border Canada/US experienceExperience managing limited partnership investor relationships and reportingEntity creation and corporate secretary experienceExperience using AI tools such as Claude in a finance functionNext 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.
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