FAQs

Senior Property Accountant

Etobicoke, Ontario

$90,000- $110,000

 Responsibilities:

• Ensure tenant/client satisfaction through accurate account invoicing, maintenance contract negotiation and preparation.
• Supervise property accounting staff and property manager to ensure an exceptional level of tenant service and property/asset management. 
• Maintain all financial records and appropriate ledgers for commercial/retail properties.
• Manage cash flow.
• Prepare monthly and annual financial statements for senior management’s review. 
• Attend meetings with clients and senior management, as required.
• Present financial reports and related information, as required.
• Ensure that all commercial/retail premises, equipment, vehicles and business risks are adequately insured. 
• Compare, negotiate, and provide recommendations for insurance coverage to senior management. 
• Ensure that effective accounting/financial controls and procedures are in place.
• Accurately prepare and file tax returns for all related corporate entities on time.
• Manage all tax-related matters for commercial/retail/residential rental properties.
• Ensure accuracy of all accounting records.
• Ensure full compliance with GAAP and ASPE policies and practices. 
• Effectively manage all accounting functions including A/P, A/R, revenue accounting, general ledger, financial statement preparation and analysis, information preparation, budgeting, forecasting and planning for commercial/retail properties.
• Analyze and ensure the accurate collection, preparation and integrity of accounting/financial data including invoices, billings, bad debt, vendor contracts, hold backs, receivables etc.
• Work closely with senior management and consultants to analyze, monitor, and improve financial controls.
• Coordinate and work in partnership with other senior financial staff and support staff.
• Assist in the preparation of real estate development and construction project budgets and compare budget with actual costs on a monthly basis.
• Develop annual operating budgets in concert with senior management. 
• Prepare regular budget progress reports.
• Keep senior management fully informed with respect to operational results and cash flow.
• Provide financial information and analysis to support decision-making and make recommendations. 
• Ensure effective lease management including but not limited to managing AP/AR, insurance, property management and maintenance contracts. 
• Monitor equipment rentals/leases and maintenance contracts and negotiate contract renewals.
• Ensure full compliance with WSIB and related legislation. Be aware of updates to legislation and inform senior management.
• Ensure full compliance with the Construction Act and related legislation. Be aware of updates to legislation and inform senior management.
• Review agreements of purchase and sale related to new or prospective commercial/retail properties, manage seller/purchaser obligations to ensure compliance. 
• Prepare letters and correspondence for tenants, consultants, clients, and senior management.
• Recommend cost saving measures. 
• Review and cost coding of incoming invoices for accuracy prior to distributing to accounting support staff. 
• Proactively and effectively respond to client/consultant concerns and requests. 

The ideal candidate will:

• Be proactive and self-driven.
• Be flexible and adaptive to change and willing to take on new challenges.
• Be highly organized and methodical.
• Possess superior oral and written communication and interpersonal skills.
• Work effectively within a group environment or independently.
• Possess high standards for personal integrity and ethics.
• Possess excellent analytical skills.

Qualifications:

• CGA, CMA, CA, or CPA accounting designation or significant experience in property management and accounting. 
• A minimum of 5 years property management experience and specifically financial management. 
• Advanced to expert computer and software skills and specifically Sage 300 Construction and Real Estate (formerly known as Timberline), MSWord and MSExcel. 
• Knowledge of Yardi is an asset. 
• Knowledge of construction job costing, construction progress draws, the Construction Act and property accounting/management is required.

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 laikyn@winchesters.ca 

Analyst – Real Estate Acquisitions

North York, ON – 5 days a week in the office

$75K – $85K salary and great benefits

Are you a Real Estate Financial Analyst and looking to work for a Developer where you can work directly with the President of the company? Our client is a highly respected Real Estate Company in North York that owns mixed use residential, commercial and industrial properties in the GTA as well as acquires and develops land to build communities within mixed-use and residential asset classes. They are looking to add a Development Financial Analyst to their development team… interested? Then read on.

This is a critical role in the business managing and building complex real estate models and your role is crucial to ensure accurate project monitoring through financial reporting to the executive team.

Working closely with the President you will assist in preparing annual business plans project development plans and asset management plans; operating and leasing budgets and managing the development proforma for each development. You will be communicating with the operational property mgt teams to track and assist them with their budgets and 10 year capex management. Within new development you would be involved from acquisition phase, project feasibility and then managing the development budgets and tracking thereof.

If you are looking to be a major contributor to the success of the business, and get excited about bringing together systems to manage the budgets then APPLY NOW

Qualifications & Experience:

• Bachelor degree in real estate, finance, economics or another related field (MBA or CFA would be an asset).
• Relevant work experience within the Real Estate development or Investment industry.

What’s in it for you:

You would be working in a supportive and career molding culture, where you would be in a growing, stable business that not only rewards you financially but promotes personal development and annual bonus incentives.

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

Chief Financial Officer 

Calgary, Alberta (On-site/ Remote options)

$200,000-$250,000 + Bonus

Posted on January 16, 2023.

This highly innovative company is involved in construction and manufacturing, bringing disruption to the sector.

Working directly under the Chief Executive Officer (CEO), you will need strong leadership skills as an important aspect of this position depends on advising, directing, and motivating employees in an encouraging way. You will also be in charge of all accounting/finance for the company while working with the CEO to go through series B financing and more.

Responsibilities:

• Work in hand with both Senior management and the CEO while implementing the companies goals
• Provide key decision making on investment strategies
• Evaluate and manage risk by overseeing liabilities and investments
• Guarantee that all interests of the stakeholders are served
• Oversight on the companies finance IT system and help out with other areas
• Manage and oversee all accounting and financial activities of the group
• Strengthen and develop working relations with vendors, customers and other related businesses
• Promote and enforce all safety requirements, policies and standards are met within the organization

Requirements:

• 5 years of experience as a VP Finance or CFO
• Have strong communication skills (both written and oral)
• Strong entrepreneurial skills that can vastly contribute to growing the company from the ground up
• Interpersonal and a motivating leader to help encourage the team and build a stronger community
• High ethical code to ensure and preserve all confidential information is maintained
• Proficient in Microsoft MS and Microsoft Dynamics SL financial reporting software

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 Property Accountant
Vaughan, ON – 5 Days a Week in Office
Salary Between $80,000 – $95,000 Plus Great Benefits

Our client is a leading Ontario real estate asset management firm whose success is driven by providing their employees with an environment that fosters a people-first culture with a high priority on personal and professional growth. 

They are looking for a Senior Property Accountant (reporting to the Accounting Manager) to join their fast-paced team, who will be responsible for supporting a dedicated portfolio of properties, the group of companies and the finance teams through their continued growth. This individual will be responsible for full cycle accounting duties while supporting the day-to-day accounting functions of the property operations team for a diversified group of companies focused on real estate asset management. 

Responsibilities: 

• Responsible for full cycle property accounting for a dedicated portfolio of properties and corporate consolidated entities. 
• Assist in full monthly and quarterly financial and management reporting.
• Assist in the oversight and maintenance of the general ledger for the group of companies and portfolio of properties. 
• Perform month-end accounting cycle entries while ensuring the accuracy of all transactions and subledgers and maintaining all corporate workbooks.
• Post monthly recurring entries which include mortgages, pre-payments, property taxes, accruals of expenses, deferred financing costs, and related party transactions. 
• Post asset acquisition entries, mortgage, and refinance journal entries as well as property acquisition and disposition entries.
• Complete reconciliations for all balance sheet accounts including bank accounts and credit cards.
• Accounts Receivable, includes processing payments, creating, and posting intercompany invoices, and ensuring accurate recording of tenant transactions.
• Assist Accounts Payable with property related payables.
• Support the implementation of accounting changes and other process improvements.
• Support ad-hoc projects with the Accounting Manager.
• File and process HST returns and payments for all corporations within the CRA deadlines. 
• Gain full understanding of all invoice types and coding processes.
• Participate in special projects and take on other duties, as assigned

Requirements:

• Bachelor’s Degree in Accounting/Finance, real estate and/or related field 
• Minimum 2-3 years of experience in accounting, preferably in the real estate industry and/or   fund management
• Professional Accounting Designation (CPA-CA, CGA, CMA) or actively enrolled in the CPA program (midway through or nearing completion) is an asset
• Highly organized with the ability to multitask and work under pressure.
• Dedicated team player with a positive attitude and the flexibility to get the job done. 

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

Accounting Manager 

Toronto Ontario (midtown, 4 days in office)

$100,000-$115,000+ excellent benefits 

This innovative and rapidly growing developer is looking to fill the role of Accounting Manager. Located in midtown Toronto, this highly respected real-estate company is an amazing opportunity for those with a strong understanding of financial reporting and audit working papers to work and grow within the group.

Requirements: 

• Provide insight and direction on head office invoices, distribution cheques, and general accounting transactions
• Guaranteed that all head office duties are correct and accomplished amongst accountant operations
• Manager the year end paper and tax preparation process for all p
• Manage and work with individual accountants throughout the team
• Organize and track monthly Bankers Acceptances, security bonds, letters of credit, etc.
• Oversee credit agreements, sales documents and all other documents/ draft disclosures for year end statements
• Responsible for the closing process of all projects and the duties that come with these operations (tracking occupancy cheques deposited and received, oversee accounting entries, communicate with the legal administrative team, etc)
• Arrange wire transfers, prepare banking activities and obtain LC’s, set up new accounts, and more
• Various other duties and tasks may be necessary as required

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

Property Accountant
Mid-town Toronto – hybrid role
$70,000 – $80,000 base plus bonus and great benefits

Our client is a successful real estate company that develops and builds properties in North America. They are looking for a Property Accountant to join the team on a full-time basis. This position offers an excellent opportunity to work in a fast-paced role while being a key member in the finance department.

The successful candidate will be a responsible for the full cycle accounting for a portfolio of management and property entities.

If you have the necessary accounting background with the desire to join a successful team of like-minded team players, this could be an exciting opportunity for you.

Responsibilities:

• Full cycle of accounting for a portfolio of properties.
• Provide support to the sites’ Directors including resident account ledger reconciliations, system questions and payables processing support.
• Prepare supporting schedules for monthly accruals and prepaid expenses.
• Responsible to ensure all invoices processed by the residences in Yardi Payscan are correctly coded and distributed by the right approval workflow. Process corporate invoices for payment.
• Prepare standard monthly working paper files including key account reconciliations and detailed income statement actual variance analysis to budget.
• Prepare monthly, quarterly, and annual operational reporting packages for review.
• Prepare year-end working paper files and assist with year end audit requests.
• Assist with operating budget process with information requests from the Operations team.
• Support the Accounting Manager in providing accurate and timely financial and non-financial information requests to other departments in the group.
• Ad hoc as required.

Requirements:

• University degree in accounting or college diploma
• At least two years of accounting experience
• Real estate accounting experience preferred along with Yardi software experience
• Strong EXCEL skills
• Great communication skills

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. Please send your resume in confidence to elan@winchesters.ca

Vice President Finance
North York, Ontario – Onsite
$200,000-$225,000 base plus 15-20% bonus and good benefits

Our client is a private, entrepreneurial real estate investment company founded over fifteen years ago and still growing at a steady pace. They take pride in their ability to forge strong relationships, acquire and manage high quality real estate assets, and consistently execute value-add projects. Their current owned and asset managed portfolio is comprised of multi-family residential assets throughout Ontario. They also asset/property manage a portfolio of commercial assets. Reporting to the President, the VP Finance will be an integral part of the senior management team and will be responsible for the organization’s accounting and finance practices.

Responsibilities:

• Provide leadership for the organization’ s financial analysis, strategic planning, and investor reporting
• Implement processes and related monitoring/reporting systems necessary to provide timely, accurate, targeted financial information and KPI’ s accompanied by the appropriate level of in-depth analysis and interpretation necessary to add value to leadership, senior staff, and investors in making sound business decisions
• Develop and present monthly financial packages to the company’ s executive leadership team
• Prepare and review Financial Statements
• Manage the full budgetary process
• Handle monthly, quarterly, and annual closes
• Ensure consistent and accurate investor reporting on a monthly, quarterly and annual basis
• Coordinate and/or prepare tax schedules, returns and information
• Manage relationships with insurance providers and ensure compliance
• Manage all internal/external Audits – directly liaising with the external auditing company
• Manage and report on cash flows, pro-formas, and waterfall distribution models
• Build and manage a high-performing team that can effectively execute plans in support of the company’ s growth
• Other finance duties as required

Requirements:

• Degree or diploma and CPA designation
• At least 10 years of professional work experience
• Knowledge of accounting and finance principles and practices, and the analysis and reporting of financial-related reports
• Supervisory experience
• An ambitious and can-do attitude with an ability to work with little supervision
• 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 by sending a resume to elan@winchesters.ca or by visiting www.winchesters.ca to apply. Unfortunately, due to the high volume of applicants, only those individuals chosen for interview will be contacted.

Senior Project Accountant

North York, ON – hybrid with 3 days a week in the office

$95,000-$110,000 base plus bonus and excellent profit-sharing piece

Our client is a growing real estate company looking for a Senior Project Accountant to join their Toronto accounting team. This is a new position, offering someone who has either been working in development accounting or project accounting, the opportunity to carve out a new position in the company.

The Senior Development Accountant will focus on project accounting, construction draws, planning, and dealing with internal/external stakeholders to ensure reporting flows well between accounting/finance and operations. The candidate will have the flexibility to work remotely permanently.

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

Responsibilities

• Day to day full cycle accounting function of assigned corporate entities including bank reconciliations, account reconciliations and HST returns
• Prepare equity and debt draws for project ownership entities, partnerships, and joint ventures consistent with their respective legal structures, and in coordination with cost consultants and construction lenders
• Communicate and engage with investment partners on accounting inquiries and statements
• Provide financial analysis of projects and operations to the internal executive team, with a goal to seek improvements and compliance with project goals
• Prepare monthly reports on projects to be distributed to investors, partners, and lenders
• Monitor and manage the invoice payables of projects, while reconciling with the contracts to ensure accurate, consistent procedure and payment
• Conduct and manage with the team reconciliation of project accounts and reporting to external accounting firms for year-end filings
• Review monthly cost consultant reports and compare to accounting records
• Drive schedules on reporting requirements, budgeting, and investor reporting
• Monitor budgets and project performance, providing monthly budgeting forecasts
• Oversee and review work of junior project accountants with a goal to develop and mentor
• Prepare construction draw packages
• Verify and approve statement of adjustments, prepare, and post interim occupancy closing and final closing entries

Qualifications

• Bachelor’s degree in applicable field
• CPA designation or final stages
• Minimum 2-4 years of relevant work experience in the real estate development industry
• Strong working knowledge of accounting principles, practices and their application in real estate
• 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
• Sound understand and experience of a construction draw process
• Excellent team player with the ability to work independently

How to Apply

If you would like to find out more about the role, please apply now. Send your resume to elan@winchesters.ca Unfortunately, due to the high volume of applicants, only those individuals chosen for an interview will be contacted.