Director OF Finance

STRAND IS LOOKING FOR A DIRECTOR OF FINANCE

Strand is seeking an individual who is passionate about real estate and has a strong desire to be a part of a growing organization that is creating a legacy of successful projects in urban environments across North America.

WHO IS STRAND?

Strand is a Vancouver-based real estate company active across North America. Since 1976, Strand has acquired, developed, and financed a portfolio of real estate assets valued at over $16 billion and comprised of over 47,000 homes.

Strand has been actively involved in many real estate sectors, including the acquisition of development sites, the development of high‐rise condominiums, multi-family apartment buildings, single family communities, office towers, and industrial projects, as well as providing financing to developers for residential and commercial developments throughout North America.

While Strand has preferred to maintain a low profile, consistent with the philosophy of its key stakeholders, Strand has established a reputation for integrity and success in its real estate dealings.

WHY JOIN STRAND?

Strand’s development business is innovative, dynamic, and expanding. This is an opportunity for the successful candidate to join a team of professionals in an inclusive and collaborative environment that fosters professional development and success. Strand is a progressive business that prioritizes culture and rewards entrepreneurial spirit and ingenuity while providing opportunities for its employees to grow with the company, both professionally and financially. Strand has “Deep Roots and Big Plans”.

QUALIFICATIONS

• Enthusiasm and genuine passion for Real Estate and Real Estate Finance;
• A minimum of 5-10 years with proven expertise in developing and managing complex real estate financial models and budgets;
• In-depth knowledge of the real estate development process, including land acquisition, entitlement, construction, and sales;
• Experience with real estate legal documents and agreements, including purchase and sale agreements, leases, financing documents, partnership agreements, and other transactional paperwork, with the ability to identify key financial and risk-related terms;
• A professional designation (CPA, CFA), or actively working towards one, is an asset;
• A strong commitment to producing accurate and comprehensive work product;
• Excellent interpersonal skills with an ability to work effectively both independently and in a team environment;
• Strong stakeholder management skills, including the ability to communicate effectively with investors, lenders, and other key stakeholders;
• A collaborative team player with strong verbal and written communication skills combined with a strategic thinking capability;
• Exceptional organizational, multi-tasking and problem-solving skills;
• A proactive attitude, with a willingness to learn quickly and adapt in a fast-paced and dynamic work environment;
• Natural curiosity to delve into the details and challenge conventional approaches;
• Highly self-motivated underpinned by a strong work ethic and meticulous attention to detail;
• Driven to contribute significantly and excel in a culture of excellence;
• Proven leadership experience of successfully managing a team in a dynamic environment;
• Strong ability to mentor and coach team members, fostering professional growth and promoting a collaborative team culture;
• Strong computer skills (Microsoft Office, Adobe Suite) with a strong working knowledge of Excel;
• Understanding of Accounting Principles is an asset;

DUTIES & RESPONSIBILITIES

The Director of Finance will play a critical role in underwriting, analyzing and monitoring Strand Projects. This position encompasses a range of responsibilities, including assisting in team leadership and strategic financial analysis. The duties and responsibilities include, but are not limited to, the following:

• Assist in leading and managing the finance team, fostering a collaborative environment and high-performance environment while ensuring professional growth and development of team members.
• Develop and oversee the preparation of comprehensive financial models to help inform strategic decisions on potential and ongoing development projects.
• Develop and oversee the creation and maintenance of multi-year cash forecasts and return metrics for ongoing development projects.
• Provide strategic recommendations to Senior Management based on financial analysis and insights.
• Coordinate and prepare key materials for capital raises, including financing requests, investment memorandums, and other investor presentations, while building and maintaining relationships with stakeholders.
• Conduct and oversee complex financial analyses, such as scenario analysis, sensitivity analysis, and risk assessment, to support investment and project decision-making.
• Coordinate and create key reporting materials for both internal and external stakeholders, including monthly and quarterly reporting packages for Senior Management.
• Manage the regular process of updating and maintaining development budgets on an ongoing basis, including variance analyses to ensure projects stay within budget and meet financial targets.
• Drive inter-departmental collaboration to align project teams with financial objectives and overall company strategy.
• Oversee and conduct extensive market research to support investment strategies, keeping current with market trends, regulatory changes, and economic conditions affecting real estate development.
• Review, analyze, and provide strategic input on financial and legal agreements for ongoing and upcoming development projects, identifying and mitigating potential financial and operational risks.
• Spearhead special projects and ad-hoc initiatives leveraging financial expertise to support evolving business needs and strategic opportunities.

BENEFITS

Strand is proud to foster a culture of collaboration, innovation, growth, and the betterment of all those who dedicate themselves to the realization of its objectives.  True to the company’s nature as a “family of professionals”, we are committed to making continued investments in our people.  Strand provides a very competitive compensation structure and benefits package that includes the following:

• Generous Extended Health and Dental Plan

• Professional Development, Mentorship and Education Programs

• Strand Employee Wellness Program exceeding industry standard

HOW TO APPLY

If you meet the above qualifications and are interested in this role, please apply and send a cover letter along with your resume to https://stranddev.bamboohr.com/careers/64.  While we thank all candidates for their interest, only selected individuals will be contacted.