Accounting Manager
Toronto, Ontario – 3 days per week in the office
$130,000-$150,000 base plus $25,000 annual bonus
A Real estate development company looking for a manager of project accounting.
Our well-known client in Toronto develops real estate primarily in the GTA and is looking for a manager over the project accounting team. This position will report up to the VP Finance. The manager’s key duties will be managing and overseeing the daily activities of the project accounting team. This is an excellent role with a fantastic company located right downtown Toronto.
Responsibilities:
- Manage and develop direct reports; provide technical guidance and coaching to develop a successful team.
- Proactively identify and analyze opportunities to improve efficiency, effectiveness, and quality of internal accounting processes, and recommend solutions to achieve optimal results.
- Review month-end financial reports for internal and external stakeholders and ensure they are prepared accurately and on a timely basis, as per the established timelines.
- Manage AP Clerks and Project Accountants to ensure they prepare accurate and complete billing packages, and that the monthly project costs are paid on time.
- Liaise with cost consultants and oversee Project Accountants to ensure sufficient funding is requested and obtained in a timely manner.
- Review monthly bank and HST reconciliations and ensure that tax installments and HST filings are submitted on time, in accordance with CRA requirements.
- Ensure that contracts, change orders and budget transfers are processed correctly in software by Project Accountants, and reflected accurately on the Job Cost Report;
- Monitor current budgets and actuals costs and propose budget transfers, where appropriate.
- Oversee the preparation of SOA and Final Closing trackers; make sure the SOAs prepared by the lawyers are accurate, and that all the closing funds received tie to internal records;
- Liaise with lawyers to answer any important, closing-related inquiries; provide timely and relevant closing updates to the Partnership team;
- Manage Project Accountants and AP Clerks to ensure quarterly partner reports are prepared in an accurate and timely manner;
- Co-ordinate with external accounting firms on year-end timelines; oversee the preparation of year end financial statement working papers and tax schedules;
- Support positive team dynamics and culture including a positive, open, team focused work atmosphere;
- Support internal teams with requested financial analysis on an ad hoc basis.
Requirements:
- Degree or diploma and CPA designation completed
- Experience working in the real estate accounting – either with a developer or real estate asset manager
- Knowledge of accounting and finance principles and practices, and the analysis and reporting of financial-related reports
- Self-starter attitude with an ability to work in a fast-paced environment
- Highest degree of integrity, honesty and commitment to professionalism
- Proficiency in MS Office, including Word, Excel and Outlook
- Ability to communicate effectively, both verbally and in writing
If you are interested in learning more about this opportunity, please apply by sending your resume to elan@winchesters.ca now or visit www.winchesters.ca and apply. Unfortunately, due to the high volume of applicants, only those individuals chosen for interview will be contacted.