Finance Manager, Real Estate Development

Finance Manager – Real Estate Development

Location:   Toronto, Ontario

Industry:   Real Estate Development

Search Managed By:   Canterra Group

Compensation: $120,000 to $160,000 plus bonus, rrsp matching and benifits

The Opportunity

Canterra Group is proud to be supporting a   top 5,   highly respected and established real estate development organization   in the Greater Toronto Area with the confidential search for a   Finance Manager .

This organization is widely recognized as one of the   leading developer-builders in the Canadian market , with a long-standing track record of delivering large-scale residential communities, AAA Office towers and landmark development projects.

The Finance Manager will play a key role within the company’s finance team, working closely with senior leadership to support   debt management, project financing, and corporate cash flow planning   across a diverse portfolio of development projects in the residential high-rise, low-rise, large AAA commercial office and light industrial manufacturing sectors.

This position offers an excellent opportunity for an ambitious finance professional who is looking to   grow their career within a sophisticated real estate development platform   and gain exposure to complex financing structures and major development initiatives.

The Role

Reporting to the   Vice President, Finance , the Finance Manager will be responsible for supporting the financial operations of multiple development projects, with a focus on   construction financing, lender relations, and corporate cash management .

This role requires a detail-oriented finance professional who thrives in a fast-paced environment and enjoys collaborating with both finance and development teams.

Requirements

Key Responsibilities

• Prepare and submit   monthly construction draw requests   to lenders across multiple development projects.
  
• Manage and submit   deposit release requests   related to residential condominium developments.
  
• Oversee   project cash management , including preparation of funding requests and distributions.
  
• Assist with   loan applications, construction financing, mortgage administration, and compliance reporting .
  
• Collaborate with internal accounting teams to support   cash flow forecasting for development projects , particularly within low-rise residential portfolios.
  
• Contribute to the preparation and maintenance of the company’s   three-year forward corporate cash flow projections .
  
• Prepare monthly   finance reporting packages   outlining development financing status and key financial metrics.
  
• Coordinate and monitor   letters of credit and surety bonds   associated with development projects.
  
• Review monthly cash distribution drafts prepared by property accountants for income-producing assets.
  
• Manage documentation and processes related to   corporate banking, credit facilities, and financial accounts .
  
• Support ongoing   financial analysis, reporting, and special projects   as required by senior leadership.
  

Qualifications & Experience

• CPA designation (CA/CPA)  required.
  
• Minimum  5+ years of progressive accounting or finance experience , including at least  3 years in public accounting or real estate industry .
  
• Real estate industry experience   is strongly preferred.
  
• Strong knowledge of   financial reporting, corporate cash flow management, and project financing .
  
• Experience working with   construction lenders, financing structures, and development projects   is an asset.
  
• Highly advanced   Excel and financial modeling skills .
  
• Experience with   JDE EnterpriseOne (8.9+)  is considered an asset.
  
• Strong communication and relationship-building skills.
  
• Ability to work in a   fast-paced, evolving development environment   with strong attention to detail.
  

Why This Opportunity

• Join one of the   most respected real estate development organizations in the GTA
  
• Exposure to   large-scale residential, commercial and industrial development projects
  
• Work directly with   senior finance leadership   on strategic initiatives
  
• Strong platform for   long-term career growth within real estate development finance
  
• Collaborative and professional corporate culture
  

Confidential Search

This search is being conducted by   Canterra Group , a leading executive search firm specializing in real estate development, construction, and infrastructure recruitment across Canada.

All applications and inquiries will be handled with strict confidentiality.

Qualified candidates are encouraged to apply directly or reach out to Canterra Group for a confidential discussion.