Chief Financial Officer

The Real Estate Council of Ontario (RECO) is seeking a Chief Financial Officer. This is a permanent, full-time position available to start immediately.

About RECO

As Ontario’s regulator of more than 110,000 real estate agents and brokerages (often referred to as registrants), RECO administers and enforces the law that regulates trading in real estate in Ontario and enhances consumer confidence in the real estate services sector. RECO’s commitment to pursuing trust in every transaction means consumers can navigate the real estate market with confidence. 

A modern regulator with approximately 170 employees, RECO is a collegial and dynamic environment where strategic agility, curiosity and empathy are valued.

Hybrid work environment

RECO has a ‘hybrid’ environment, which typically includes a minimum attendance in the office of two days per week, with some teams/positions requiring more frequent in-office attendance.

RECO’s commitment to diversity and inclusion: They aren’t just words to us!

RECO is committed to promoting an equitable, diverse, and inclusive environment that includes awareness, education, and engagement-building opportunities for all employees.

The role

Reporting to the Chief Executive Officer, the Chief Financial Officer (CFO) is a senior executive responsible for enterprise financial stewardship, enterprise risk and insurance strategy and data enabled performance. This unified role ensures financial management, enterprise risk, and operational systems function as an integrated platform supporting strategic priorities, governance, and long-term sustainability.

The CFO serves as a trusted advisor to the CEO and Board, balancing fiscal discipline, innovation, risk management, and regulatory modernization.

Position responsibilities

Enterprise financial strategy & integration 

• Serve as the executive lead for integrating financial strategy with technology, data, risk/insurance and operational decision-making.
• Translate organizational strategy into multi-year financial plans, capital allocation frameworks, and investment roadmaps.
• Ensure financial planning is tightly aligned with digital transformation, while supporting RECO’s strategic regulatory modernization and innovation initiatives.

Budgeting, forecasting & financial planning

• Lead the development of annual and multi-year operating and capital budgets, including technology, infrastructure, and transformation investments.
• Oversee rolling forecasts, scenario planning, and financial modeling to support executive and Board decision-making.
• Establish disciplined cost-management practices while enabling strategic growth and innovation.

Financial reporting & performance management 

• Oversee enterprise financial reporting, ensuring accuracy, transparency, and timeliness for executive leadership, the Board, and external stakeholders.
• Develop and monitor financial KPIs, dashboards, and performance metrics that integrate financial, operational, enterprise risk and technology data.
• Provide clear, actionable insights into financial performance, enterprise risks, and opportunities.

Financial risk management controls & compliance 

• Ensure strong financial governance, internal controls, and alignment with enterprise risk management practices across the organization.
• Oversee compliance with applicable financial, regulatory, and audit requirements.
• Partner with internal and external auditors to ensure effective audit readiness and resolution of findings.

Enterprise risk management & insurance

• Lead the development and implementation of an enterprise-wide risk management framework, including identification, assessment, mitigation, and monitoring of strategic, financial, operational, and regulatory risks.
• Establish and maintain a formal Enterprise Risk Management (ERM) program aligned with organizational strategy and Board governance.
• Oversee the organization’s insurance program, including risk transfer strategies, policy design, coverage adequacy, renewals, and claims management.
• Advise the CEO and Board on risk appetite, risk exposure, and emerging risks, including regulatory, cybersecurity, and operational risks.
• Ensure integration of risk management practices into financial planning, capital allocation, and major investment decisions.
• Partner with internal stakeholders to embed risk awareness and accountability across the organization.
• Provide oversight of business continuity planning and support organizational resilience initiatives

Capital, cash & resource stewardship

• Oversee cash flow management, reserves, and working capital optimization.
• Support capital planning, funding strategies, and major investment decisions.
• Ensure responsible stewardship of public, stakeholder, or shareholder resources.

Procurement, vendor & contract financial oversight

• Provide executive oversight of procurement strategy, vendor financial management, and contract value realization.
• Ensure technology and enterprise contracts deliver measurable financial and operational value.
• Leverage data and analytics to drive sourcing efficiencies and informed vendor decisions.

Data driven financial transformation

• Champion the use of financial systems, analytics, and automation to improve forecasting accuracy, reporting efficiency, and decision support.
• Ensure financial data integrity and alignment with enterprise data architecture and risk management.
• Lead modernization of finance-related systems in partnership with technology teams.

Executive & board advisory

• Act as a trusted advisor to the CEO, executive team, and Board on financial strategy, investment decisions, and enterprise risk.
• Present complex financial and risk management information in a clear, strategic, and decision-focused manner.
• Advise the Board and relevant committees on enterprise risk exposure, insurance coverage, and mitigation strategies.
• Support Board committees and governance processes as required.

Qualifications and experience

• Senior executive leadership experience with enterprise-wide financial responsibility (e.g., CFO, senior finance leader) and significant oversight of technology, systems, or digital transformation.
• Post-secondary degree in Finance, Information Technology, Computer Science, Business Administration, or a related field; a Master’s degree is an asset.
• Demonstrated experience leading budgeting, forecasting, financial reporting, and internal controls at an organizational or enterprise level.
• Experience with enterprise risk management frameworks and oversight of corporate insurance programs.
• Experience working with Boards, audit committees, or governance bodies.
• Strong understanding of risk management, compliance, and audit processes.
• Relevant professional designation (e.g., CPA, CA, CMA) strongly preferred.
• Experience in complex, regulated, public-sector, or quasi-public environments is an asset. 

Core competencies

• Strategic vision: Ability to translate organizational priorities into technology strategies.
• Innovative leadership: Fosters a culture of creativity, digital innovation, and transformation.
• Collaboration and influence: Builds strong relationships across departments and with external partners.
• Results orientation: Drives performance and accountability to achieve outcomes.
• Regulatory acumen: Understands governance, compliance, and risk management in a regulatory context.

Why work for RECO?

Working at RECO means contributing to an organization that supports a fair, transparent, and consumer-focused real estate marketplace.

What you can expect

• Purpose-driven work: Your contributions help protect consumers and strengthen one of Ontario’s largest and most important sectors.
• A modern, evolving regulator: We are innovating how we regulate and engage with the real estate sector, and your ideas and expertise will help shape the future.
• Professional growth: We invest in employee development, ongoing learning, and cross-functional exposure.
• Hybrid flexibility: Our hybrid model supports balance, flexibility, and wellbeing.
• Inclusive culture: You’ll work with people who care deeply about doing what’s right and delivering high-quality public service.

Join us

If you’re passionate about meaningful work, eager to grow, and want to make a tangible impact on an industry that touches every Ontarian, RECO is the place to do it.

Apply today and help shape the future of real estate in Ontario.

Posting date: April 17, 2026 
Closing date: April 30, 2026
Grade: Executive 

Qualified applicants are invited to submit a detailed resume specifically addressing RECO’s needs along with salary expectations to Human Resources at careers@reco.on.ca.

RECO is committed to treating all people in a way that allows them to maintain their dignity and independence. We believe in integration and equal opportunity. We are committed to meeting the needs of persons with disabilities in a timely manner, and will do so by preventing and removing barriers to accessibility.  

We thank all applicants in advance for their interest.