Financial Analyst at Abstract Developments (2021) Ltd – Victoria, British Columbia

About Abstract

For more than two decades, Abstract has been the go-to choice for iconic, timeless new homes in Victoria, BC. From function-first floorplans down to every single finish, we’re driven by an unwavering commitment to excellence. And we never settle for anything less.

Abstract is a gathering place for talent—the team where passionate, ambitious people excel together, unified in our desire to shape contemporary communities that bring newfound energy to Victoria.

Abstract builds homes that will leave a lasting legacy in Victoria for generations to come. From the first site visit to the finishing touches, we’ve got the future in mind—creating homes that will serve our homeowners today and decades down the line. For us, building and selling homes is more than a transaction. We do it all for that feeling—the moment you open the door for the first time and know, deep down, that you’re home.

About the role

• Reporting to the Director, Financial Planning, this role will primarily support the maintenance and updating of financial models, project budgets, cash flow forecasts, and investor reporting for Abstract’s portfolio of projects. This position is suited to a highly analytical and detail-oriented individual who enjoys working with data and collaborating with cross-functional teams.

What you'll do

• Maintain and update project proformas and financial models in Microsoft Excel
• Track and report budget and schedule changes, reconciling with project proformas monthly
• Update and maintain project cashflow forecasts
• Monitor job forecasts and identify budget variances in collaboration with development and construction teams
• Assist with preparation of monthly investor reporting
• Support monthly operating reforecast process through variance analysis
• Support continuous improvement of financial models and reporting templates

Limitations & Disclaimer:

The above position description is meant to describe the general nature and level of work to be performed by the individual in the position. It is not intended to be construed as an exhaustive list of all knowledge, skills, abilities, responsibilities, duties, physical job demands, and working conditions associated with the position.

Qualifications

• Completed post-secondary education in accounting, finance, or related field, and,
• 2-3 years of recent financial analyst experience.
• Demonstrated strong analytical and quantitative skills for interpreting financial data
• Strong proficiency in Microsoft Excel (formulas, pivot tables, lookups, dynamic modeling)
• Clear written and verbal communication for presenting findings and collaborating
• Understanding of accounting principles and financial statements
• Familiarity with Accounting software (e.g. Jonas Premier) is an asset
• Experience and proficiency in preparing and managing complex financial models is an asset
• Real estate development or construction industry exposure is an asset
• Proactive approach to problem-solving with a continuous improvement mindset

Benefits

A competitive salary range of $55,000 - $65,000, plus this role is eligible for our company bonus plan.

Abstract Developments offers an excellent Total Rewards package including company-paid premiums for extended health, dental, vision, and Rx coverage, in-house employee wellness program, complimentary snacks, and a dog-friendly office.

Abstract Developments is an equal opportunity employer. If you require an accommodation at any time during the application process, please let a member of the recruiting team know. While we thank all applicants, only those selected for further consideration may be contacted.

At Abstract Developments, we value diversity and believe in providing equal opportunities to everyone. If you need any accommodation during the application process, please email us at careers@abstractdevelopments.com.