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.

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.

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

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.

• 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.

• 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.

• 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.
• 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.
• 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…