Director of Finance
Parvis Invest (www.parvisinvest.com) is a technology-driven alternative investing platform. Focused on broadening access to institutional quality investment opportunities, Parvis promotes greater access in this historically inaccessible and illiquid asset class. Our mission is to democratize real estate investing through an innovative platform that connects property developers and fund issuers with Canadian investors. Through our user-friendly digital platform, we also facilitate unprecedented liquidity by enabling investors to trade on Canada's first secondary market. Enabled by AI and blockchain technology, Parvis makes finding, tracking, and maximizing investments an experience that is both frictionless and empowering. Parvis is a licensed Exempt Market Dealer across Canada (TSXV: PVIS) and is headquartered in Vancouver and employs experts in Toronto, Vancouver, Kelowna, and Montreal. We are a full stack team of legal & compliance professionals, accountants, marketers, technologists and dealing representatives. Our online platform allows issuers and investors alike to view high quality offers, make a purchase and sign all of their documents from one place.
Key Accountabilities
Financial Planning and Analysis:
- Oversee the preparation and review of annual budgets, forecasts, and long-term financial plans.
- Provide detailed financial analysis to support strategic decision-making and business growth initiatives.
Financial Reporting:
- Ensure accurate and timely financial reporting in compliance with regulatory standards and internal policies.
- Prepare and present financial statements, including profit and loss statements, balance sheets, and cash flow statements.
Risk Management:
- Identify financial risks and implement effective strategies to mitigate them.
- Oversee internal controls and ensure compliance with financial regulations and company policies.
Cash Flow Management:
- Monitor and manage investor transaction flows, work with accounting to manage corporate cash flow and accounts payable.
- Optimize the use of financial tools and manage relationships with service providers and financial institutions.
Budget Management:
- Lead the budgeting process, ensuring alignment with strategic objectives and financial targets.
- Track and analyze budget variances and recommend corrective actions as needed.
Team Leadership and Development:
- Lead and mentor the finance team, fostering a culture of continuous improvement and professional growth.
- Ensure the team has the skills and resources needed to meet organizational goals.
Strategic Partnership:
- Collaborate with senior management to develop and execute business strategies.
- Provide financial insights and recommendations to support business initiatives and drive profitability.
Requirements
- Strong communication skills
- 3-5 years of corporate finance experience
- Bachelor's degree in Business, Math, Computer Science, or Engineering
- Start up experience (nice to have)
- CPA/CFA or other finance designation (nice to have)
Responsibilities
- Prepare and ensure compliance with financial reporting for all corporate entities and consolidation
- Perform period-end financial close responsibilities, including journal entry preparation and account reconciliations to support financial reporting
- Accountable for complete and accurate capital expenditure tracking for all entities including tracking to budget and ensuring appropriate accounting all capital spend
- Assist with preparation of monthly, quarterly, and annual financial statements for entities including various levels of reporting and variance analysis (e.g. year over year, vs budget)
- Collaborate with the wider finance team to assist with annual audits of all entities within the company
- Identify, recommend, and implement strategies to continuously improve reporting and accounting for financial statement items and reduce risk
- Support CFO with underwriting and perform due diligence of real estate projects and issuer companies
- Develop and maintain cost finding, reporting and internal control procedures
- Examine financial accounts and records and prepare income tax returns from accounting records
- Liaison between financial service providers such as fund administrators, trustees and custodians
- Oversee transaction processing including investor funds through Parvis’ 3rd party payment processor, referral program payments and commissions
- Oversee payments made to partners including dealing representative commissions and the issuer referral program