Collector, Finance

Tarion is hiring for a full-time, permanent Collector, Finance to join our Finance Department.

Title : Collector, Finance

Department : Finance

Type of Position : Full Time, Permanent

Location : 7th Floor, 5160 Yonge Street, Toronto, ON

Reporting to : Manager, Finance

Work Model : Hybrid flexible work schedule

About Tarion

Since 1976, Tarion has provided new home warranty protection to more than 2 million Ontario homes. We serve new home buyers and new homeowners by ensuring that one of their life’s biggest investments is protected.

Almost every new home in the province is covered by a new home warranty. This warranty protection is provided by Ontario’s builders and lasts up to seven years.

It is backstopped by Tarion. More than 375,000 homes are currently enrolled in the warranty program. Every year about 55,000 new homes are enrolled.

How We Make a Difference

A home is one of life’s biggest purchases. As an independent, not-for-profit organization, Tarion provides Ontario’s new home buyers and owners with peace of mind that their purchase is safeguarded through the province’s new home warranty and protection program.

Almost every new home in the province is covered by a new home warranty. Tarion ensures consumer protection by providing free tools, guides and resources to help homeowners understand their builder’s warranty and navigate warranty claims with confidence.

If a builder does not meet their warranty commitments, Tarion offers guidance to help homeowners ensure they receive the coverage they’re entitled to, and when necessary, steps in to help resolve warranty claims.

This is a hybrid role requiring working two (2) days in the office and three (3) days remotely, per week.

About the Team

The Tarion Finance team is responsible for financial reporting and control, tax and compliance, strategic planning and financial Planning & analysis, Treasury and working capital management, capital budgeting, and Risk management.

Responsibilities include :

• Investigate and analyze debtor files including builder and guarantors’ identities, indemnities and state of affairs.
• Gather support for claims where debt is disputed.
• Analyze and monitor builders’ files under financial distress by reviewing debtors’ bankruptcy / CCAA proposals / statement of affairs / personal net worth statement as well as interacting with external Trustee, Receivers and / or lawyers.
• Negotiates and make recommendation on settlements of debts.
• Provide customer service support to debtors or their legal representatives regarding their enquiries on invoices and debt.
• Monitor collection timelines and statute-barred limitation through issuance of collection notices and follow up with debtors or their legal representatives until payments are fully made.
• Review security deposit position and prepare an instruction to the financial institution for security drawdown.
• Prepare and recommend files for legal action to Manager for approval if negotiations fail or settlement agreement repudiated.
• Provide monthly collectability assessment on larger collection accounts.
• Record collection activities in PeopleSoft FMS.
• Provide guidance to Collection Coordinator on collection administration.

A great candidate for this position will have :

• Community College Diploma / Certificate or equivalent in Administration or Finance
• 3-5 years’ experience in credit / collections
• Strong knowledge of Bankruptcy & Insolvency Act
• Knowledge of business and contract law, letters of credit, bonds and guarantees
• Proven negotiation skills
• Basic understanding of financial concepts
• Small claims court experience is an asset
• Knowledge of the Ontario New Home Warranties Plan Act is desirable

Why Choose Tarion?

We believe that Tarion’s employees are its most valuable asset. We strive to provide a welcoming work environment.

We offer employees a competitive compensation program, opportunities for learning and development, an employee discount program, access to wellness programs, and a variety of Employee Assistance Program tools and online resources to support well-being.

At Tarion, we believe that a strong commitment to diversity and inclusion allows employees to perform at their very best and underpins a culture in which everyone feels they have an equal opportunity to belong and build a career.

Tarion is committed to developing and maintaining work environments and practices that ensure equality of opportunity in recruitment, selection and promotion, and to removing systemic barriers so that employees have every opportunity to feel included in the workplace.

If you are a person with a disability and have questions or would like help with your application, please email careers@tarion.

com or contact a member of the Human Resources Department.

Application Submissions & Deadline :

Please submit a covering letter and resume with vacancy code COL031124 to [email protected].