Founded in 1953, Thomas Cavanagh Construction has continued to set the standard for quality construction and materials in Eastern Ontario. With our strategically located pits and quarries, our unmatched fleet of trucks and heavy equipment, our state-of-the-art facilities, and our dedicated employees, Thomas Cavanagh Construction has earned a reputation as one of Ottawa’s most trusted and respected contractors.
Overview
The Finance Associate is responsible for processing invoices, maintaining accurate financial records, managing vendor payments, and performing reconciliations. This role supports the preparation of financial statements, construction draw requests, fixed asset schedules, and rent roll management, while providing analytical support for strategic decision-making. Working primarily within Cavanagh Realty and its related limited partnerships, this role may also provide support to the home building division as needed, ensuring smooth day-to-day financial operations across Cavanagh Group of Companies.
Duties and Responsibilities:
Accounts Payable & Vendor Management
- Accurately record invoices, allocating expenses to jobs, accounts, and profit centers
- Investigate and clarify unusual or questionable invoice items or prices
- Manage vendor payments by monitoring discount opportunities, scheduling payments, resolving purchase order discrepancies, and maintaining proper documentation
- Correspond with vendors and stakeholders to resolve discrepancies, answer queries, and request invoices as needed
- Verify vendor accounts by reconciling monthly statements and related transactions
- Reconcile credit card statements
Financial Reporting & Reconciliations
- Assist with preparation of monthly, quarterly, and annual financial statements and reconciliations
- Perform bank reconciliations to ensure accuracy and completeness of financial records
- Post journal entries for accrued expenses and revenue transactions
- Maintain the fixed asset schedule, ensuring accurate capitalization and amortization entries
Property & Project-Specific Accounting
- Assist in preparation of construction draw requests in accordance with project financing guidelines
- Manage and update the rent roll, ensuring alignment with lease agreements and tenant records
- Post monthly utility payments, ensuring proper allocation across properties or cost centers
Analysis & General Support
- Support financial processes through routine cash flow monitoring and transactional accuracy
- Provide ad-hoc analytical support to assist management in strategic decision-making
- Perform other duties as assigned by the Senior Assistant Controller or management, adapting to evolving organizational needs and priorities
Requirements:
- A degree in accounting or a related field, or equivalent academic and practical experience
- Exceptional attention to detail, organization, and accuracy
- Proven ability to work independently, and within a team approach
- Strong communication skills, both written and verbal
- Commitment to maintaining confidentiality
Cavanagh Employee Benefits:
- Family oriented work environment
- Attractive, competitive compensation for qualified candidates
- Internal growth opportunities
- Training and development opportunities
- Benefit, Wellness and Pension Plans
Wage Range
The salary range for this position in Ontario at the start of employment is expected to be between $55K and $65K per year. However, the wage offered is based on local job market factors and may vary further depending on factors specific to the selected job candidate, such as job-related knowledge, skills, experience, and other objective business considerations.
We may use AI-enabled tools to support a fair and efficient recruitment process. All results are reviewed by a Recruiter. Please contact Human Resources if you have any questions.
The above statements are intended to describe the general nature and level of work being performed by people assigned to the classification. They are not to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.
