The Director of Finance is responsible for the financial health of the family office and strategic financial planning. This role provides financial leadership by improving and overseeing all accounting and treasury functions, managing budgets, as well as wealth and risk management.
Responsibilities include managing a team, as well as executing long-term financial plans, developing and tracking financial KPIs, and reporting. The Director of Finance will also interface with other internal departments and external advisors to manage philanthropy, wealth transfers, administrative functions, tax planning and investment planning to ensure the effective operation and growth of the Family Office.
The Director of Finance will possess strong leadership and communication skills, a strong work ethic, coupled with high emotional intelligence, the utmost integrity, and a client-service focus. By attentively listening, exercising discretion, and maintaining confidences, the Director of Finance will instill confidence over time, allowing them to become a trusted advisor to the principal and his family.
Your contributions to the team include:
Act as an advisor for the Family Office by evaluating and assisting them with their financial plans and economic modeling
Oversee the finance function for multiple entities
Analyze cash flow, cost controls, and expenses
Provide leadership and oversee the day-to-day accounting function
Collect and analyze cost data versus budget for ascertaining financial performance and risk assessment.
Oversee financial management of foreign operations
Create and enforce business rules for all financial reporting
Facilitate and oversee any auditing conducted by third parties
Develop and implement short- and long-term financial plans and forecasts
Investigate variances in budgets, reporting, internal controls, and general accounting; deploy measures to resolve variances
Provide general advice to the Family on all business and financial matters
Hire, train, mentor and supervise accounting staff
Provide input for initiatives from The Family Office
Decisive, confident and adaptable
Enforcing laws, rules and regulations
Critical thinking and analysis
Mathematical reasoning
What you need to be successful:
10 plus years experience in a senior level finance or accounting position
Bachelor’s degree in finance, Accounting, business administration or related field (master’s degree preferred)
Professional Accounting Designation (CPA)
Financial analysis, budgeting and strategic planning experience
Extensive experience and knowledge of all aspects of corporate accounting, taxation and financial management
Experience overseeing or performing financial statement audits
Previous experience working in a family office an asset
Problem solving, decision making and judgment
High level of critical and logical thinking, analysis, and/or reasoning to identify underlying principles, reasons, or facts
Proficiency with relevant software applications, including ERP systems, QuickBooks and Microsoft Office 365
Highly motivated, results-oriented individual with a demonstrated ability to work collaboratively with multiple constituencies to accomplish objectives
Ability to maintain the highest level of confidentiality with special attention to sensitive information related to ownerships assets and financial positions
Knowledge of budget preparation and analysis techniques
The perks:
Employer paid extended health, vision, and dental coverage (including family)
Employee and Family Assistance Program
Yearly health and wellness benefit
RPP eligibility after one year
Employee recognition program
In-house professional development opportunities
Why Broadstreet?
Broadstreet Properties Ltd. is a family owned and operated property management company, partnered with Seymour Pacific Developments, that manage multi-family residential communities. We are a growing organization made up of diverse team members who are motivated to continuously innovate our approach to asset management. We consider employee wellbeing a priority and are dedicated to protecting the health and safety of our teams while ensuring a workplace that is respectful of everyone.
Broadstreet Properties Ltd. practices equal opportunity hiring and onboarding processes to ensure equal access and participation for everyone. We understand that we have a responsibility for ensuring a safe, dignified, and welcoming environment and we are committed to creating an inclusive environment for all employees irrespective of race, colour, religion, sexual orientation, gender identity, or any other status protected by law. We believe in integrating people with disabilities into our workforce by removing barriers and meeting accessibility needs.