FAQs

Financial Controller

Downtown Toronto, ON (hybrid)

$100,000-$120,000 base plus discretionary bonus, full health and dental benefits and great time off

Our architecture and engineering client is a leading Canadian studio based in Toronto with a reputation that is worldwide. The firm is recognized for design excellence across a broad range of building types. The company is a leading proponent of sustainable design innovation and is continuously one of Canada’s top employers.

We are seeking an energetic and enthusiastic individual to join their Accounting and Finance team as the new Financial Controller. This is an excellent role that will involve the candidate in various aspects of the finance related activities. The ideal candidate will have excellent verbal and written communication skills, very good organizational skills, and be able to multi-task in a busy office. This is a full-time position. Working hours are from Monday to Friday, 9:00 a.m. – 6:00 p.m. with summer hours and holiday closure.

Key responsibilities:

• Full financial responsibility for month-end, quarter-end and year-end financial reporting
• Preparation of monthly financial reporting package for Canada and the US
• Financial planning including annual budgeting, forecasting and variance analysis
• Tax and statutory Compliance and Filings
• Revenue recognition for all active projects
• Oversee and develop best practices for AP, AR and GL functions
• Manage and mentor accounting staff
• Annual audit
• Process improvement and establish adequate internal controls

Required background:

• A degree in accounting – (Advanced degree or accounting license preferred)
• CPA designation required
• Minimum seven years of professional accounting experience required
• Advance excel and computer skills
• BST10 experience is an asset
• Requires expert knowledge of local statutory financial reporting and local taxes
• Some experience in working with multi-currency, multi-entity organizations
• Ability to excel in a team environment and have the confidence to manage people effectively
• Excellent communication and interpersonal skills
• “Hands On” work style

How to Apply

We would like to thank all applicants for your interest in working as part of our
team. Only those applicants selected to move forward in the recruitment process
will be contacted. If you’re interested, email your resume to elan@winchesters.ca

Director of Finance
Downtown Toronto, ON – Hybrid
$140,000 – $150,000 Plus Bonus and Excellent Benefits

About The Job:

Our client is an excellent project-based business that is in growth mode. The company has excellent leadership in place and will look to continue its growth over the next couple of years. The Director of Finance will report to the CFO and will manage a small accounting team. The plan is to eventually have the Controller move up to CFO when that individual retires.

This role will focus on performing day-to-day head office accounting, US operational/financial accounting, payroll, and help with financial planning and analysis for the global operations. Key to success with this role will be mentoring, training and managing the accounting team.

Responsibilities:

• Full financial responsibility for the multiple offices in North America with the CFO
• Preparation of monthly financial reporting package locally and to the international parent including operational statistics
• Financial planning including annual budgeting, forecasting and analysis
• Tax and statutory Compliance and Filings
• Act as financial advisor to the Senior Management team in developing and implementing business strategies
• Assist in fee quotes and budgeting project costs
• Manage a team of financial and administrative staff
• Banking and cash-flow management
• Annual audit lead
• Internal controls and policies/procedures

Requirements:

• Post-secondary education with a specialty in accounting
• Designation or working towards a CPA designation is an asset
• Minimum of 8 years’ experience in a similar role in professional services – ideally design, architecture, engineering, or a billable environment
• Exposure to IFRS
• Requires expert knowledge of local statutory financial reporting and local taxation
• Hands-on leader who can roll up one’s sleeves versus just leading from the top
• Highly driven, committed, organized and flexible with the ability to meet challenging deadlines and multiple priorities
• Self-motivated with excellent attention to detail.

 If you are interested in learning more about this opportunity, please visit www.winchesters.ca and apply. Unfortunately, due to the high volume of applicants, only those individuals chosen for interview will be contacted.

Project Accountant 

Toronto, Ontario (4 days in office)

This small, but rapidly growing Toronto condo developer is looking to expand their operations, with a new and exciting construction division within the company. Being one of Canadas most respected real estate company, this is an excellent opportunity for those with the skills and characteristics to fill this role.

Requirements: 

• Process all paperwork on purchases activity with vendors including  matching invoices to POs, posting items in the account systems, and extend/ input invoices’
• Communicate with accountant and operations teams to ensure that job costs an budgets are in order
• Responsible for reconciliation tasks
• Process and manage cheque deadlines
• Maintain age reports and accounts receivable
• Efficiently evaluate payables and receivables
• Various other projects and tasks may be required as assigned

Qualifications:

• Minimum of 1-2 years of experience in project accounting
• Strong problem solving skills
• Great communications skills (both written and oral)
• Excellent attention to detail
• Efficiency in Microsoft Excel

How to Apply

We would like to thank all applicants for your interest in working as part of the team. Only those applicants selected to move forward in the recruitment process will be contacted. If you’re interested, email your resume to laikyn@winchesters.ca

Commercial Property Accountant

Etobicoke, Ontario, Canada

$70,000 and $85,000 plus benefits and 3 weeks vacation

Posted on June 10, 2022.

This organization is a real estate development and management company. They are landlord for a number of interesting commercial properties. They are looking for a driven individual to join their team as a Commercial Property Accountant.

The Commercial Property Accountant will work to ensure that all tenant/client matters are dealt with to the highest level of service. The role requires previous property accounting experience, ideally with commercial properties but not mandatory. The role will offer the successful candidate the opportunity to work on a number of interesting responsibilities like financial preparation, CAM and property tax recoveries, and dealing with all accounting/financial matters.

Responsibilities

• Manage financial categories in relation to account invoicing, maintenance contract negotiation and preparation
• Handle financial records and ledgers for commercial/retail properties
• Preparation of financial statements (monthly and annually) for the reviewing by senior management
• Work closely to ensure effective accounting/financial controls and procedures are being followed
• Oversee all accounting categories including A/P, A/R, revenue, accounting, general ledger, financial statement preparation and analysis, information preparation, budgeting, forecasting and planning for commercial/retail properties
• Oversee the full compliance of GAAP and ASPE policies and practices being maintained
• Work with senior management and consultants to improve financial controls
• Develop annual operating budgets
• Manage cash flow and keep senior management fully informed with operational results
• Preparation of letters for tenants, consultants, clients and senior management
• Oversee purchase and sale related agreements to new or prospective commercial/retail properties
• Manage seller/purchaser obligations to ensure compliance
• Other ad hoc duties

Requirements:

• Some experience in property accounting would be nice
• Minimum 2 years of property accounting experience
• Superior oral and written communication and interpersonal skills
• Ability to effectively work in a group setting and independently
• Excellent analytical skills

If you would like to find out more about the role, please email Elan Van Wyck (elan@winchesters.ca) with your resume. Unfortunately, due to the high volume of applicants, only those individuals chosen for an interview will be contacted. To receive updates on new job postings regularly, follow us on LinkedIn.

Senior Associate – Real Estate Development Investments

Toronto, ON – in-office

$125,000-$140,000 base plus $100,000 bonus and excellent benefits

Our client is a well-established real estate PE firm looking to hire a Senior Associate of Development Investments. This is an excellent role for a an real estate professional who has a strong financial modelling skillset and has participated in underwriting new investment opportunities to acquire land and development residential assets. The client would like an individual who has experience with development projects from acquisition to completion of the development or disposition, taking a proactive role to manage risk and maximize returns. As a senior associate you would be in charge of between 5 and 7 active investments.

Growth and earning potential is unmatched with this company, apply now to find out more.

Responsibilities:

• Participate in underwriting new investment opportunities to acquire land and develop residential assets
• Create the pro forma, assist the VP in coordinating all underwriting and acquisition activities, prepare the Investment Committee memo, present to the Investment Committee and prepare all necessary investor presentations, investment offering documents and legal agreements
• Oversee the execution of development plans for active development projects from acquisition to completion of the development or disposition taking a proactive and “hands-on” approach to managing risk and maximizing returns on all projects
• Participate in all key project decisions and critical project management meetings through the entire development life cycle (planning, design, sales, permits, construction and delivery phases) to ensure the project is delivering on time and on budget.
• Review, critically assess and prepare project cash flows and pro forma financial projections
• Regularly evaluate market conditions to identify changes that give rise to opportunities to either further maximize returns or mitigate risk.
• Prepare advanced financial analyses to assist senior management in the evaluation of various real estate decisions at different stages throughout real estate development cycle.
• Conduct budget-to-actual variance analysis for existing projects; ongoing budget management; in-depth understanding of costs incurred vs. cost to complete. Creating cash flow models, sensitivity tables, rent roll analyses, joint venture waterfall models, and other financial analyses required to evaluate and pursue acquisition opportunities.
• Review and critically analyze progress draw reports.
• Perform an active and critical role in the construction financing stage of each project.
• Maintain project files and follow-up on all necessary correspondence and communications.
• Prepare and present updated financial projections and executive reports to the executive team.
• Support and mentor junior team members.

Requirements:

• Must have a minimum of four years of relevant real estate development experience
• Minimum of a bachelor’s degree in business / finance, economics, engineering or related field.
• A strong understanding of the full lifecycle of development from acquisition to approvals, unit sales, financing, construction, home closings and disbursements.
• Experience conducting financial analysis for development projects using advanced models in MS-Excel.
• Strong understanding of and ability to interpret, analyze and challenge project budgets and pro formas (experience analyzing financial statements is an asset).
• Experience developing and maintaining budgets, project pro formas, cash flow projections and financial reports.

If you are interested in learning more about this opportunity, please apply now. Send your resume to elan@winchesters.ca Unfortunately, due to the high volume of applicants, only those individuals chosen for interview will be contacted.

Senior Project Accountant (18-month contract)

Mississauga, ON (Hybrid- 3 days in office)

$77,000-$85,000 salary + health/ dental and 3 weeks vacation

Our client is a highly accomplished residential builder/ developer based in Mississauga with extensive experience throughout Canada and the US.

Looking for a temporary Senior Project Accountant to play a pivotal role in overseeing accounting, taxation, cash flow, and reporting for assigned projects. Collaborating closely with an Accounts Payable Administrator dedicated to their projects, the Senior Project Accountant ensures accuracy and compliance.

This role is a fixed-term contract lasting 18 months, and is set to begin in October 2023. The business operates a hybrid work environment with 3 days per week in-office. 

Responsibilities:

• Compiling annual and interim financial statements
• Creating budgets and generating monthly/quarterly cash flow statements
• Crafting monthly investor reports for all assigned projects
• Managing external and government audit requirements for allocated projects
• Reconciling project-related accounts
• Balancing and recording Statement of Adjustments and unit closings
• Reviewing and preparing GST/HST returns, as well as establishing new HST accounts
• Posting accounting entries like bank deposits, HST filings, bank reconciliations, distributions, etc.
• Participating in regular meetings with site and project teams to monitor project changes and progress
• Cultivating and implementing best practices within the team

Requirements: 

• Exceptional interpersonal skills and a collaborative mindset
• Meticulous attention to detail
• Experience thriving in a high-volume, deadline-oriented environment
• Adaptability and the ability to prioritize in the face of shifting demands
• A genuine dedication to delivering exceptional customer service

Key qualifications/skills:

• A university degree and an accounting designation (CPA/ in the process would be considered an asset)
• 5+ years relevant experience in Accounting
• Asset: Background in real estate and construction industries
• Proficiency in Microsoft Office, particularly Excel
• Outstanding interpersonal and communication aptitude, along with high emotional intelligence
• Strong teamwork skills
• Robust technical and analytical capabilities

How to Apply?

If you are interested in learning more about this exciting opportunity, please send your resume to eric@winchesters.ca. Due to the high volume of applications, only those chosen for the interview will be contacted.

Financial Analyst (Real Estate)

North York (In-office)

$65,000-$80,000 salary + bonus

This well respected developer is looking to fill an exciting position for a strong analyst to cover underwriting, asset management, and investor reporting. The company is looking for someone who wants to grow so apply now.

Responsibilities:

• Complete sensitivity and scenario analysis’  and assisting with new real estate opportunities
• Develop cash flow projections
• Contribute to the overall process of capital investment decisions
• Develop and grow strong relationships with internal/external stakeholders

• Monitor and identify risks while presenting to senior management
• Provide insight and support in all standard processes and procedures
• Monitor and ensure consistency throughout all projects
• Analyze and review development/construction schedules
• Familiarize with project financing arrangements
• Provide assistance in look-back analysis

Skills/ Work Experience:

• Bachelor’s degree in business/commerce, real estate or other related fields
• Strong communication skills both written and oral
• Ability to stay organized in a constantly changing work environment
• Strong financial and analytical skills
• General knowledge of the Real Estate industry in relation to finance and accounting principles
• Proficiency in Powerpoint, Word, and Excel required

How to Apply

We would like to thank all applicants for your interest in working as part of the team. Only those applicants selected to move forward in the recruitment process will be contacted. If you’re interested, email your resume to elan@winchesters.ca

Senior Project Accountant
Downtown Toronto, Ontario
Competitive base plus bonus, 3 weeks of vacation and benefits

Posted on April 29, 2022.

Our client is a growing company with their head office downtown Toronto. The CFO is looking for a Senior Project Accountant to join in a newly created role due on growth of the organization. This is a great position for someone looking for a stable company that has a very positive work environment. The Senior Project Accountant will handle the preparation of monthly cash calls and draws, maintain multiple project budgets, and full cycle accounting for the various projects under the development team.

The plan is to have this individual eventually move up to oversee the whole development accounting function of the group of companies as a controller. If you’re looking for a role where you will be exposed to more than just accounting, apply now!

Responsibilities:
• Prepare and process cash calls, assist in cash flow analysis.
• Record, and reconcile project capital to ensure sufficient project liquidity, and prepare bank reconciliations.
• Prepare monthly construction draw packages and assess costs incurred to budget.
• Record journal entries, maintain and reconcile general ledger, and job cost reports.
• Work with AP to ensure accurate and timely weekly accounts payable processing for projects.
• Maintain a working paper file for each project including support for GL balances and actual vs budget analysis.
• Perform timely month-end close and ensure all pertinent transactions, including setting up monthly accruals, are recorded.
• Assist in preparation of quarterly financial reporting packages to senior management and external business partners.
• Provide support to the audit and tax teams, respond to queries.
• Support team members and other departments as required.

Requirements:
• Post-secondary education with a specialty in Accounting, Business or Finance
• Minimum of 3 years of experience in project accounting
• Highly proficient in Microsoft Word, Excel and PowerPoint
• Highly driven, committed, organized and flexible with the ability to meet challenging deadlines and multiple priorities
• Self-motivated with excellent attention to detail

If you would like to find out more about the role, please email Elan Van Wyck (elan@winchesters.ca) with your resume. Unfortunately, due to the high volume of applicants, only those individuals chosen for an interview will be contacted. To receive updates on new job postings regularly, follow us on LinkedIn.

Associate – Real Estate Investments and Asset Management

$120,000-$140,000 base plus 20%-25% bonus

Toronto, Ontario (hybrid 3 days a week in the office)

With this company being one of the fastest growing real estate companies in the GTA/Toronto you will get experience and insight into the multifaceted operations and execution of high-profile real estate projects and acquisitions. Our client is seeking a senior analyst or associate who ideally has built initial real estate private equity analysis over the past few years. In addition to acquisitions and asset management, you will engage in fundraising, dela structuring, and corporate initiatives. The company is currently focused on multi-family assets and residential/commercial development. If this new challenge sounds like a fit for you, do not hesitate to apply.

Responsibilities:

• Use existing skills to prepare financial models and analysis as part of investment selection and review, financial structuring, as well as overall corporate financial management.
• Prepare presentations for both internal management decision making and external client and investor engagement.
• Evaluate properties/investments for potential development directly with the management team.
• Track and understand ongoing progress of projects, liaising with internal and external parties to ensure project delivery timelines are met.
• Liaison with internal team members in development and accounting from an asset management perspective to accurately monitor existing holdings and developments, and report both internally and to external investors.
• Establish, maintain, and engage with industry relationships including advisors, lenders, brokers, legal counsel, planners, and accountants.

Requirements:

• Must have at least two (2) or more years’ experience in investment banking, real estate investment and/or private equity
• Undergraduate degree in finance, business or accounting
• Advanced, high-end MS Office and EXCEL skills
• Ability to bring institutional quality organization, professionalism and attention to detail to an entrepreneurial environment
• Possess excellent communication (both written and verbal) and presentation skills

If you are interested in learning more about this opportunity, please send your resume to elan@winchesters.ca. Unfortunately, due to the high volume of applicants, only those individuals chosen for interview will be contacted.

Senior Financial Analyst 
Downtown Toronto, ON
$80,000-$90,000 base plus bonus and company paid benefits 

Posted April 29,2022.

 Our client is a Toronto-based real estate company looking to find a Senior Financial Analyst who will work on 50% accounting duties and 50% finance and operational duties. This is a brand-new position due to growth of the business and team. The Senior Financial Analyst will report to the Senior Manager of Finance and will be responsible for dealing with construction progress draws on a monthly basis.

This individual will work with multiple high-profile projects in Toronto in various stages of construction, while coordinating with the accounting department to ensure that packages are prepared accurately and in a timely manner. You will assist with monthly accounting procedures, site office organization and operational support. An exciting part of this role will be assisting with the development and maintenance of new EXCEL-based tools to support general construction management.

Responsibilities:

• Utilize budget tools and other tools to aid with positive budget outcomes for projects.
• Maintain strong cost accounting controls through budget transfers, change orders, awards, settlements, etc.
• Develop and maintain excellent relationships with each project’s site staff, the accounting department and various trade billing departments.
• Analyze trends and historical data for budgeting / operational purposes.
• Assist with developing site office operating procedures and protocols, specific to accounting and document control.
• Assist with approvals workflow to ensure timely review / approval of documents.
• Assist with preparation of month-end reports and reconciliations for construction management subsidiary companies.
• Conduct a detailed review of invoices each month with the Project Manager and receive their sign off.
• Coordinate and work closely with the accounting department to ensure invoices are processed and cheques cut in time for monthly budget meeting.
• Process invoices to ensure all necessary paperwork is received and all internal processes are followed.
• Attend all monthly progress draw and cheque signing meetings
• If requested, draft memos and covering letters
• This position is to be involved in the project closeout process, obtaining close out documentation from the trades and producing close out forms for review and sign off.
• Cost sharing rules – Certain projects will require you to become an expert on cost sharing rules by understanding which trades are affected and how they are applied. You will ensure all cost sharing rules are applied correctly and reflected in the schedule of values on the trade invoices.

Requirements:

• CPA designation
• Current or previous audit firm experience
• Highly proficient in Microsoft Excel
• Proficient in Microsoft Word, Outlook and PowerPoint, with good typing speed
• Enjoys a fast-paced environment and is highly professional, with excellent attention to detail
• Flexibility to work outside of core hours when business needs dictate.
• Open and adaptable to providing all types of support to the office and fellow team members as required
• Strong communication skills with an ability to present information in a clear manner
• Self-starter attitude with an ability to work in a small office environment without constant guidance and direction
• Strong organizational and planning skills with prioritizing and multi-tasking abilities to meet time sensitive deadlines

If you would like to find out more about the role, please email Elan Van Wyck (elan@winchesters.ca) with your resume. Unfortunately, due to the high volume of applicants, only those individuals chosen for an interview will be contacted. To receive updates on new job postings regularly, follow us on LinkedIn.