Controller, Cash Management

PURPOSE

The Controller, Cash Management is accountable to the VP Finance for leading the Cash Management function for Morguard Investments Limited and all its managed properties including: the strategic direction of accounts payable (and payments), cost management and core banking relationships to align the Cash Management function with the company’s short- and long-term business plan, optimization of tools across the organization, development of the overall strategies for process development, introduction and training, planning and implementation of all applicable technology solutions. In addition, contributing to the organization’s business continuity planning and leading business continuity implementation associated with Cash Management, developing an internal control structure to ensure the safeguarding of corporate and client assets and monitoring compliance with such internal control.

DUTIES AND RESPONSIBILITIES

1. Support of Business Strategy
   Supports the development of and subsequently aligns the corporate Cash Management function with the overall business strategy and client service level expectations. Assists with improving of the operating efficiencies of the business through new policy/technology implementations that combine industry best practices and capabilities of technology; Establishes relationships with business disciplines enterprise-wide (but, particularly within the operations area) to facilitate or support client and corporate requirements. Develops and manages the business plan and associated financial forecasts and budgets for the Cash Management area.
2. Business Continuity
   Contributes to definition and development and leads (acts as the Business Process Team Leader) testing and maintenance of the organization’s Business Continuity Plan by playing the integral role in ensuring that the defined core business processes of Cash Management, functions and assets are safeguarded and preserved in case of a natural disaster or compromised by attack or threat against the organization.
3. Cash Management Organization
   Provides direction to all areas of the Cash Management function including internal control development, implementation and compliance, policy development, implementation and training, and development and maintenance of core banking relationships. Provides support to the embedded Cash Management function to ensure consistency of service delivery across the organization.
4. Support of Business Effectiveness
   Promotes a broad and integrated Cash Management agenda to assist the business in meeting service level expectations for investor clients and tenants; partners with financial institutions to ensure the highest level of vendor support at the best price. Networks with industry organizations to develop performance measurement tools and metrics to assist the business in their decision-making and planning. Designs standards for data capture to ensure the integrity of the reporting function.
5. Team Building and Succession
   Attracts the best available talent and builds and develops a high-performing team to support the company’s achieving its goals and objectives; coaches and mentors direct and indirect reports within the function through organizational change and contributes to organizational succession planning effort by identifying and developing the best talent from within the business unit to ensure organizational succession risks are mitigated.
6. Any other job related duties and/or projects that may be assigned.

Minimum Requirements

Skills, Knowledge, Experience and Education

• Bachelor’s Degree in Business or Commerce and/or Accounting Designation (CPA)
• Minimum 7-10 years of direct experience in cash management and business process experience in sophisticated business setting
• Excellent working knowledge of SAP Concur
• Previous experience with Corporate Credit Card programs
• Excellent understanding of control environment and treasury function
• Demonstrated track record of creating and implementing strategic change and innovation
• Demonstrated knowledge of related compliance, regulations, requirements and standards
• Proven record of successful project (incl. budget) and change management at the organizational level
• Strong knowledge of accounting software (preferably YARDI)
• Intermediate to advanced working knowledge of MS Office applications

Core Competencies

• Excellent leadership skills to manage team of 25 direct and indirect reports.
• Ability to think strategically and plan tactically
• Excellent negotiation skills
• Excellent influencing skills at all levels of the organization
• Excellent interpersonal skills
• Excellent analytical and problem solving skills
• Excellent verbal and written communication skills
• Strong team building and coaching skills
• Strong customer service orientation
• High energy and drive.

Additional Requirements

• Previous experience in property accounting and real estate industry
• Travel required (Toronto/Calgary)