FAQs

Property Accountant 

Downtown, Toronto (4 days in office)

$70,000-$85,000 dependant on experience 

This well recognized and highly respected property management organization is looking for a new candidate with prior experience in the real estate industry to fill an exiting new position as Property Accountant. Located in downtown Toronto, this role could be an excellent fit if you posses the following;

Responsibilities:

• Ability to operate and organize property accounting records for designated commercial portfolio
• Produce monthly financial statements
• Conduct all capital cost analysis
• Compose annual Common Area Maintenance (CAM)
• Monitor amortization schedules and prepare year-end audit paper files
• Contribute to budget preparations
• Produce monthly HST reconciliation
• Overlook cashflow for assigned properties
• Perform other job related tasks as assigned

Requirements:

• Degree or diploma in Accounting or other related fields
• CPA or currently working towards the designation of one
• 2+ years experience in property accounting or an public accounting firm
• Strong computer skills and highly efficient in MS especially Excel and Word
• Knowledge of property management financial accounting systems and software
• Excellent analytical/ organization skills
• Experience with Yardi is considered an asset

How to Apply

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

Development Accountant

North York, Ontario – hybrid 3 days per week in-office

$75,000 – $95,000 base plus bonus, 3 weeks’ vacation, and excellent benefits

Our client is a well-established real estate organization looking to hire a development accountant in this new position for the department. This is an excellent role for an accountant who has worked in development or construction and would like to work for a lovely positive company that really values its employees and has next to no turnover. This Development Accountant will form part of the company’s accounting and finance group, reporting directly to the Controller while working alongside a manager of accounting and other team members. The role is a key member of the accounting team and will be the finance lead on multiple significant low-rise land developments.

Responsibilities:

• Preparing, maintaining, and evaluating accounts for portfolio projects from inception to completion and from a costing and revenue perspective
• Preparing and submitting construction draws to the banks
• Preparing/reviewing, reconciling, and filing GST/HST return on a monthly basis
• Preparing/reviewing monthly bank reconciliations
• Reviewing, reconciling, and recording purchaser’s deposits
• Issuing cheques for GST/HST, deposit release, VTB payments
• Working closely with Construction and Land Development team throughout the life cycle of the projects
• Approving, reconciling, and posting statements of adjustments for residential unit sales
• Ensuring compliance with company’s policies, processes, and risk management practices
• Oversee all transactions related to general ledger, accounts payable/receivable
• Cash management and forecasting
• Liaise with internal/external stakeholders from various disciplines such as Development and Planning, Sales and Marketing, Construction, Engineering, Legal, Finance, Property Management, etc. to understand budgets including costs to-date and costs to-complete.
• Provide support in the creation and implementation of standard processes and procedures as they relate to monitoring and reporting for internal and external reporting
• Ensure all Leasing income, Sales revenue, Operating expenses, and Construction costs are accurately and adequately reflected in the general ledger for use in reports
• Prepare, and where necessary create, accounting reports based on data in the general ledger for use by other team members in Development, Construction and Finance as well as for Senior Management
• Monitor financial performance of Projects in Development and advise of variances and their impact to budget
• Become familiar with project financing arrangements for existing Projects in Development and assist in the preparation of ongoing reporting to lenders

Requirements:

• Degree or diploma
• Experience working in development or construction accounting
• Knowledge of accounting and finance principles and practices, and the analysis and reporting of financial-related reports
• Knowledge of accounting principles as applied to real estate development, project financing and asset management
• 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 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.

Financial Controller
Downtown Toronto, ON
$110,000-$130,000 Base Plus Discretionary Bonus, Dental Benefits and 3 Weeks Vacation 

Our client is a leading professional services firm located in downtown Toronto. Consistently ranked as Canada’s top culture and best managed companies, the organization is excited to bring someone into this newly created role.

We are seeking an energetic and enthusiastic individual to join the Finance team as the new Financial Controller. This is an excellent hands-on leadership role that will have you working on different areas/functions of the accounting/finance department.

The ideal candidate will have excellent verbal and written communication skills, top supervisory skills, very good organizational skills, and be able to multi-task. 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, business or related field
• CPA designation required
• Minimum seven years of professional accounting experience required
• Advance EXCEL and computer skills
• Requires knowledge of local statutory financial reporting and ideally 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

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

Senior Accountant
Remote – British Colombia, Canada
$65,000-$85,000 base plus discretionary bonus

About The Position

Looking for a Senior Accountant to help expand our client’s team of professionals in a fast-growing consulting practice that works with growing companies in the BC market.

The team is fully remote and will not change this set-up. This newly created role will handle an array of accounting and financial analysis tasks ranging from helping the clients migrate to new systems to booking journal entries and preparing financials. This is truly a full cycle accounting advisory role.

Responsibilities:

• Interacting with upper management, employees, customers, and vendors of clients on a daily basis
• Overseeing the maintenance of books of account, including but not limited to reviewing reconciliations, processing accounts payable, managing accounts receivable and posting journal entries
• Assisting in the preparation of monthly financial statements, budget to actuals, financial metrics, and variance analysis reports for management and other key internal stakeholders
• Working closely with the controller and CFO to help build and manage key processes and controls for emerging companies
• Help implement new software and ERP systems
• Working with clients to help process payroll and other HR related requests
• Preparing sales tax filings and coordinating with external accountants and CRA as required
• Operational analysis and other special projects

Requirements:

• 2-5 years of client experience, preferably in an accounting or bookkeeping capacity
• Attention to detail, able to work independently and meet deadlines with minimal supervision
• Self-starter with desire to work in tech/start-up scene preferred
• Excellent written and verbal communication skills – and ability to work well in a team environment
• Technical affluence with the ability to work in a dynamic environment and learn new systems/tools

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

Manager of Project Accounting
Toronto Ontario (Hybrid)
$100,000-$110,000 ( Plus 15 % bonus, benefits and vacation) 

Our client is a growing real estate company looking for a Manager of Project Accounting to join their Toronto team. This is a new position, offering someone who has either been working in development accounting or financial planning and analysis, the opportunity to carve out a new position in the company.

The Manager of Project Accounting will focus on project budgeting, planning, and dealing with internal/external stakeholders to ensure information flows well between accounting/finance and operations. The candidate will have the flexibility to work remotely, while spending some days at the client’s offices in Midtown Toronto.

Our client offers a competitive compensation package with excellent benefits and wellness programs. As an industry leader in real estate, the Project Accounting Manager will enjoy being a part of a progressive, world-class work environment.

Responsibilities

• Oversee and coordinate processes to prepare consolidated project level budgets, business plans while collaborating with the various project delivery groups to ensure reliable budgets and forecasts
• Drive insightful analysis and financial viability through modelling and scenario analysis to enable strategic and operational decision-making
• Financial planning, including monthly/quarterly forecasts and variance analysis, update project budgets on key achieving key project milestones in conjunction with the project delivery groups
• Work closely with the Director of Finance to update/manage the underwritten proformas for projects under development and assist in creating/implementing change management strategies that maximize employee adoption and usage and minimize resistance
• Analyze project financials and margins during the development & construction stage, identify risks and trends of project budgets aligned to product delivery scope and milestones
• Prepare project cash flow models encompassing actual performance till date and forecast to complete rolling up to portfolio level performance
• From time to time support the full-cycle accounting processes for the projects under management and ensure statutory compliance
• Maintain constructive relationships with external partners, and liaise with external cost consultants and lenders
• Review cash activity such as capital calls, loan-drawdowns, distributions and cash reconciliations
• Monitor industry best-practices, market trends, emerging processes and technologies, sharing these learnings internally
• Actively encourage inter- and cross-functional collaboration, workflows, and effectiveness
• Mentor and lead colleagues, and deepen the personal understanding of the company’s strategy, and help colleagues do the same on an ongoing basis

Qualifications

• Bachelor’s degree in accounting or business administration; with a professional accounting designation – CPA (CA or CMA)
• Minimum 3-5 years of relevant work experience
• Previous experience in real estate development is a must have
• Strong skills and experience with Excel (i.e. modelling, data analysis, presentation)
• Superb interpersonal skills, with abilities to clearly communicate technical concepts and best practices
• Strong critical thinking skills with good attention to detail and an ability to thrive in a fast-paced environment

How to Apply

If you would like to find out more about the role, please apply now or visit our website to apply. 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.

Financial Analyst

Fully remote position

Open to discuss reasonable compensation

With this company being one of our favourite real estate clients in the GTA, they are continuing their growth and adding this brand-new position to the team. The role will report to the VP Finance and have great growth potential to move up. You will be responsible for the day-to-day duties of managing real estate models, feasibility studies and market analysis, monitoring project performance, asset management, cash flow forecasting, planning, budgeting, operational financial analysis, and special projects analysis. If this brand-new position sounds like a fit for you, do not hesitate to apply.

Responsibilities:

• Assist with evaluating new real estate opportunities including completing scenario and sensitivity analysis.
• Create detailed cash flow projections of new development opportunities as well as reforecast cash flow projections for projects under development.
• Support the due diligence process, including review and research of leases and other legal agreements, municipal fees and levies, development costs and other information that impact the capital investment decision.
• Liaise with internal/external stakeholders from various disciplines such as Development and Planning, Sales and Marketing, Construction, Engineering, Legal, Accounting, Property Management, etc. to understand and integrate expected revenue and development costs assumptions within financial models.
• Assist with the preparation and presentation of business cases to the senior management team including identifying risks and risk-mitigating strategies to achieve corporate objectives.
• Provide support in the creation and implementation of standard processes and procedures as they relate to financial monitoring and reporting for internal reporting as well as external reporting to partners and lenders.
• Handle development draws (financing and equity).
• Monitor financial performance and project timelines and advise of variances and their impact to approved as well as anchor business plans.
• Become familiar with project financing arrangements for existing projects and assist in the preparation of financing packages for ongoing submissions to lenders.
• Assist in the preparation of look-back analysis for projects at or nearing completion.
• Monitor and evaluate the performance of existing real estate assets under management.
• Assist in the creation of business cases and/or recommendations that maximize the value of assets.

Requirements:

• Bachelor’s Degree in business/commerce, real estate, or a related discipline with a strong academic record.
• Minimum one to two years professional work experience within the Real Estate Industry would be an asset.
• Strong oral and written communication skills with the ability to effectively communicate across all levels within, as well as outside the organization.
• Detail oriented and responsible individual with a proven track record of taking ownership.
• High level of proficiency in Excel, Word and PowerPoint.

Apply Now

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

Corporate Accountant

Toronto, ON – on-site

$80,000-$90,000 base plus bonus, LTIP, and great health/dental benefits

Our client is a growing real estate development company looking for a Corporate Accountant to join the team in the head office, located in midtown Toronto, Ontario. This is a great opportunity for an accountant who wants to get into Canada’s hottest industry – real estate. Candidates must come with full-cycle accounting experience. This is a great position for someone pursuing their CPA or not. If you have 2-4 years of accounting experience, apply now!

Our well-known client in Toronto develops real estate primarily in the GTA and is looking to add a strong self-motivated corporate accountant to the team. This individual will work on a varied array of interesting responsibilities like monthly draw work and even dealing with pro forma statements, to name a few.

Responsibilities:

• Circulate weekly cash position reporting and update rolling short term cash forecast;
• Processing and maintenance of accounts payable and accounts receivable functions;
• Prepare working paper files including key account reconciliations;
• Complete reporting to VP Finance and Corporate finance;
• Prepare payroll reconciliations, and chargeback billings;
• Review team expense reimbursement requests for AP processing and code to expense or direct chargeback recovery sub ledger;
• Oversee the corporate credit card program including monthly statement reconciliation and clearing, and coding activity to expense or direct chargeback recovery sub ledgers;
• Maintain management fee billing schedule and process fee billing invoices;
• Prepare reconciliations of inter company loans;
• Complete HST filings and reconciliations against notices of assessments;
• Process direct recovery sub ledger billings;
• Complete management reporting to VP Finance & Development and Corporate finance;
• Preparation and submission of year-end reporting packages to the external auditors

Requirements:

• Degree or diploma
• Solid intermediate accounting experience
• Knowledge of accounting and finance principles and practices, and the analysis and reporting of financial-related reports
• Proficiency in MS Office, including Word, Excel and Outlook.
• Ability to communicate effectively, both verbally and in writing

Apply Now

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

Vice President Finance
Toronto Ontario
$200,000-$225,000 Base Salary Plus Benefits 

Our client is a growing diversified real estate company in Toronto, Ontario, Canada. This company has been in constant growth mode since their inception fifteen years ago. In this newly created role, the VP Finance will structure and lead all finance and accounting work. You will oversee the financial operations and strategic planning for development projects within the organization. This is a key leadership position and only candidates who have real estate development experience will be considered. With multiple offices, this candidate will have the choice where to work giving a lot of flexibility to the department.

Responsibilities

• Provide accurate and timely financial reports, including cost tracking, variance analysis, and profitability assessments.
• Establish project budgets and financial targets.
• Monitor project costs, identify potential cost overruns, and implement corrective measures to ensure projects remain within budget.
• Develop financing strategies for construction and development projects, including debt and equity options.
• Coordinate with lenders, investors, and financial institutions to secure funding for projects.
• Conduct financial analysis, forecasting, and budgeting to support project planning and decision-making processes.
• Build and lead a finance team and provide guidance, mentoring, and support to team members.
• Collaborate with cross-functional teams, including project management, legal, and operations, to align financial goals with project objectives.
• Responsible for Tarion management and compliance.

Requirements

• University degree or college diploma and ideally CPA
• 15+ years of accounting experience
• Working knowledge and understanding of the construction or real estate development sector
• Working knowledge of inter-company accounting
• Excellent communication skills, both oral and written
• Ability to work effectively in a team environment as well as independently
• Hands-on approach to accounting and management

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

Project Accountant
Downtown Toronto – (4 days in office)
$90,000 Salary + 10 % Bonus + 3 Weeks Vacation 

This Canadian entrepreneurial real estate developer is looking to fill the role of project accountant. As one of the leading companies in its respected industry, this could be an excellent opportunity to grow into an already highly respected and established company.

Responsibilities:

• Ensure all records are organized in compliance with company policies and procedures
• Prepare monthly project cost reports
• Create and edit contracts as requested through Yardi
• Maintain accuracy and validity on all project costs
• Conduct monthly loan draws
• Exist as the main point of contact for all project related inquires
• Open and monitor HST accounts
• Accurately input all invoices and cash cheques according to exact amounts
• Various other tasks that adhere to construction draw/ month end reporting

Skills:

• 5+ years project accounting experience, preferably within the construction/ real estate industry
• Excellent communication skills both oral and written
• CPA designated or working towards the certification
• Experience with Yardi is considered a strong asset
• Organized, detail oriented and works with a sense of urgency

How to Apply:

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

Senior Analyst – Real Estate Development Underwriting & Asset Management
Toronto (Hybrid)
$90,000 – $105,000 + Great Benefits

With this company being one of our favourite real estate clients in the GTA, they are continuing their growth in Toronto and adding this brand new position to the team. The role will report to the VP Investments and have great growth potential to move up. You will be responsible for the day-to-day duties of managing real estate models, acquisitions, feasibility studies, monitoring project performance, financing, asset management, investor reporting, planning and analyzing budgets. If this brand-new position sounds like a fit for you, do not hesitate to apply.

Responsibilities:

• Assist with evaluating new real estate opportunities including completing scenario and sensitivity analysis.
• Create detailed cash flow projections of new development opportunities as well as reforecast cash flow projections for projects under development.
• Support the due diligence process, including review and research of leases and other legal agreements, municipal fees and levies, development costs and other information that impact the capital investment decision.
• Liaise with internal/external stakeholders from various disciplines such as Development and Planning, Sales and Marketing, Construction, Engineering, Legal, Accounting, Property Management, etc. to understand and integrate expected revenue and development costs assumptions within financial models.
• Assist with the preparation and presentation of business cases to the senior management team including identifying risks and risk-mitigating strategies to achieve corporate objectives.
• Provide support in the creation and implementation of standard processes and procedures as they relate to financial monitoring and reporting for internal reporting as well as external reporting to partners and lenders.
• Ensure all Leasing, Sales, Accounting and Construction reports reflecting expected revenue, costs incurred, statutory holdbacks, deposits and recoveries are accurately reflected in regular proforma updates with variance reports detailing changes to project proformas.
• Review plans, development schedules and construction schedules for new and existing developments and reflect revisions to plans and schedules in proforma as directed.
• Monitor financial performance and project timelines and advise of variances and their impact to approved as well as anchor business plans.
• Become familiar with project financing arrangements for existing projects and assist in the preparation of financing packages for ongoing submissions to lenders.
• Assist in the preparation of look-back analysis for projects at or nearing completion.
• Monitor and evaluate the performance of existing real estate assets under management.
• Assist in the creation of business cases and/or recommendations that maximize the value of assets.
• Assist in the preparation of financing packages for submission and ongoing reporting to lenders.

Requirements:

• Bachelor’s Degree in business/commerce, real estate, or a related discipline with a strong academic record.
• Minimum one to three years professional work experience within the Real Estate Industry
• Strong oral and written communication skills with the ability to effectively communicate across all levels within, as well as outside the organization.
• Detail oriented and responsible individual with a proven track record of taking ownership.
• High level of proficiency in Excel, Word and PowerPoint.

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