Supervisor, Loan Administration & Accounting Support

Supervisor, Loan Administration & Accounting Support

The Newfoundland and Labrador Housing Corporation (NL Housing) is a crown corporation whose mandate is to develop and administer housing assistance policy and programs for the benefit of low to moderate income households throughout the province. As the largest landlord in the Province, NL Housing manages a portfolio of over 5,500 units province-wide. The services provided by NL Housing provide clients with access to safe, stable and affordable housing, which is essential to the social, financial, and physical well-being of individuals, families and communities. There is a wide range of housing needs across the province, from those facing homelessness or at risk of homelessness, to low income households needing assistance to pay rent or complete much-needed repairs on their homes. For more information on our programs and services, and strategic priorities, please visit our website www.nlhc.nl.ca.

Competition Number: 2024/25-050-350083P
Employment Type: Permanent
Department/Region: Finance Department
Location: Head Office, St. John’s
Posting Status: Internal/External
Closing Date: October 4th, 2024
Salary Scale: $62,852- $84,065 perannum (455 points) on the Management Pay Plan 35-hours/week

Position Details

Context: The Finance Department is accountable for four main functions, including accounting, loans administration, corporate administration and property services. The accounting section oversees the controllership and treasury functions, including all financial and management reporting; internal controls; budget preparation, revision, and monitoring; provision of submissions to Treasury Board; and cash flow management. The loans administration section is responsible for the collection of homeowner repair and down payment loans, as well as the monitoring of affordable housing rent levels. The corporate administration section oversees the management of legal documents, fleet, insurance and claims, office equipment and supplies acquisition and supplier source list updating. The property services section administers all property and land holdings.

Duties: This position is responsible for the administration and collection of the Corporation’s mortgage and unsecured loan portfolios. The incumbent ensures timely repayment of loans and compliance with Program guidelines, while supervising Collections Officers and overseeing loan activities. They also recommend actions on loan write-offs, renegotiations, and delinquent rental accounts, and approve requests to place loans with collection agency. The incumbent reviews refinancing and ownership transfers for the Affordable Housing and First-time Homebuyers portfolio. Additional responsibilities include managing the CMHC Direct Lending portfolio, ensuring timely mortgage renewals and payments, and completing mortgage confirmations for external audits. The incumbent reviews consumer proposals, bankruptcy claims, and ensures compliance with operating agreements for Affordable Housing projects. The role includes providing accounting support such as overseeing the preparation of select monthly and year-end account reconciliations, working papers, and financial statement notes. The position also involves recommending and revising policies related to account administration and property sales. The incumbent frequently provides briefing notes to Executive management on sensitive matters and supervises staff to ensure smooth operations within the department.

Criteria

Screening Criteria:

• Completion of a degree or diploma in Accounting, Finance, Business Administration or a related field (Equivalencies may be considered)
• Experience in loan or mortgage administration, collections and portfolio management
• Experience supervising, mentoring, and/or training a team
• Experience preparing financial reports
• Experience working with affordable housing programs and policies (asset)

Assessment Criteria:

• Knowledge of loan administration, collection practices, and related financial processes
• Knowledge of corporate policies and procedures related to loan management
• Proficiency in financial software and systems, and accounting software
• Analytical skills
• Ability to effectively exchange information (including written communication)
• Ability to supervise and lead a team
• External stakeholder engagement
• Attention to detail and ability to manage time and tasks

Conditions of Employment

Conditions of Offer:

• Acceptable Certificate of Conduct

Conditions of Acceptance:

• Accepts Mandatory Vaccine Policy

Applicant Information

• Newfoundland Labrador Housing values diversity in the workforce and is an equal opportunity employer.
• Newfoundland and Labrador Housing recognizes the need for work life balance and offers flexible work arrangements.
• Disability related accommodations are available upon request at any stage of the recruitment process by contacting recruitmentaccommodations@nlhc.nl.ca or by calling (709) 724-3002.
• Preference will be given to applicants who are legally entitled to work in Canada.
• Applications should be received prior to midnight Newfoundland Standard time on the closing day.
• The applicant is responsible for ensuring that the application submitted clearly demonstrates the required criteria. Applications that do not clearly demonstrate the required screening criteria will be screened out.
• The applicant is responsible for ensuring that the application includes accurate and current contact information, including phone number, mailing and e-mail addresses.
• All information submitted as part of this application must be factual, complete and current to date of submission. Successful applicants will be required to provide proof of stated credentials as part of the selection process.
• This competition may be used to fill future similar vacancies with NL Housing.
• Only successful applicants will be contacted for an interview.
• This is not a position within the Government of Newfoundland and Labrador Public Service.

How to apply:

Applications should be submitted on the Online Job Portal: https://www.nlhc.nl.ca/career-centre/

Please note that applications will not be accepted in-person, by fax, email or mail at this time.

Newfoundland & Labrador Housing Corporation