FAQs

Property Accounting Manager
Toronto, Ontario (hybrid)
Competitive salary with great bonus and benefits

Posted April 29,2022.

Our client is a growing real estate asset manager in Toronto, ON looking for a Manager Property Accounting for this diverse and interesting portfolio. This company offers an unparalleled work environment with state-of-the-art facilities and a positive and team-oriented culture. The Controller is open to seeing individuals coming from a senior property accounting position or someone who is a supervisor / manager currently.  Don’t wait any longer to apply!

The Property Accounting Manager will be responsible for the preparation of accurate and timely monthly, quarterly, and annual financial, management, and budget reports and tenant recovery calculations for a portfolio of investment properties.

Key Responsibilities:

• Ensure monthly financial reports are delivered accurately and timely
• Ensure all accounting records are kept up to date within guidelines
• Assist with auditors’ requirements
• Review of annual budgets and assist Property Managers in completion of annual budgets
• Assist in the accounting of property acquisitions and dispositions, due diligence and preparation of statement of adjustment and post closing adjustments, as required
• Continually monitor and review accounting processes and procedures and recommend changes as appropriate to ensure internal controls and/or efficiencies are improved to meet industry best practices
• Responsible for CAM & Tax recoveries including year-end billing
• Assist in capital costs tracking
• Responsible for review of working papers
• Assist with Yardi upgrades and implementations of new accounting software/modules
• Support the property administration staff in the financial management of their properties
• Developing and maintaining Standard Operating Procedures for accounting functions
• Supervise Property Accountants in full cycle accounting on an on-going basis
• Train and mentor accounting staff in all aspects of property accounting
• Handle all aspects of training, development, and continuous improvement of staff, processes, and procedures
• Perform ongoing performance management for team members
• Motivate staff and promotes a positive work atmosphere

 Requirements:

• Professional accounting designation (CPA) is required
• Proven track record in property accounting and real estate accounting
• Exceptional communication skills
• Effective time management skills, works well under pressure to meet tight deadlines
• Keen interest and dedication to life-long learning and self-improvement
• Ideally some supervisory experience over a team of accountants – not mandatory

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.

Corporate Controller
Toronto, Ontario (4 days per week in the office)
$125,000 – $135,000 and excellent benefits/vacation

Our client is a Toronto-based real estate company. They are looking for a Senior Manager or experienced manager who comes from a public accounting firm background and has at least 1 year of industry experience. This position offers an excellent opportunity to use your strategic thinking skills to identify opportunities and analyze issues.

The successful candidate will be responsible for managing and leading a small team of accountants through many different corporate accounting and analytical duties. This role will provide the right candidate the opportunity to work closely with senior management and the CFO in playing a critical role for the whole company’s accounting/finance department.

Responsibilities:

• Manage the day-to-day accounting and finance functions of the department
• Provide direction on invoices to be paid, cash call and distribution cheques to be cut, general ledger accounting transactions and journal entries to be recorded
• Oversee and manage the collection of accounts receivable of the head office and different real estate companies
• Responsible for banking activities
• Manage and oversee the payroll process, chargeback of all payroll costs to projects and coordinating approvals
• Oversee bank reconciliation process and ensure all accounts are reconciled on a regular basis
• Oversee and manage the year end working paper and tax file preparation process for all companies and review work prepared by other members of the team, co-ordinate timing and answer queries by external accountants, review draft financial statements and provide comments to the CFO
• Review credit agreements, sale documents and any other applicable documents and draft disclosures in accordance with ASPE for year end financial statements
• Cash Management and reviewing monthly loan balances
• Oversee and review quarterly head office reporting prepared by Senior Accountant
• Manage employee health and disability insurance plans, track employee vacation accruals
• Manage the operations of some owned properties including activities performed by Senior Accountant: review of tenant packages and reconciliations, communication with tenants, prepare budget and yearly owner distributions, ensure HST is filed and paid
• Oversee cash flows of projects at the end stage and processing of invoices and reporting
• Ad hoc duties

Requirements:

• Bachelor degree in accounting/finance with CPA designation
• Minimum of 4-5 years of proven experience in an accounting role
• Supervisory experience over others
• Foundational public accounting with audit experience is preferred
• Experience with reviewing financial statements, tax, and working paper packages
• Proficient Microsoft Office skills
• Good team building, communication, and multitasking 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. If you’re interested, email your resume to elan@winchesters.ca

Investment Associate – Real Estate Development and IPP
Downtown Toronto, ON – 5 Days a Week in Office
Very Competitive Compensation Including a Solid Bonus Structure

Our client is an established and growing private equity firm with a focus on residential development in Canada and the US. They are looking for an associate in this newly created role to step in and report directly to the VP of Investments and Acquisitions. This position will be instrumental in strategically evaluating new investment opportunities, offering someone a great opportunity to assist in sourcing and structuring new investments and monitoring the existing portfolio.

Our client is probably one of the most active investment firms in the GTA Real Estate Development sector and for that reason they have faced next to no turnover. With a very collaborate and positive team culture, individuals are treated with respect and given opportunities to grow. This is a very busy transaction team. This is the type of company where you work hard and you get compensated accordingly.

 The Associate will be accountable for the financial analysis and modelling for all new and existing business investment opportunities in areas such as real estate development / asset management for residential properties. As a close-knit team, this office is seeking someone with a strong work ethic desiring a long-term future with the firm.

Responsibilities:

• Underwrite new investment opportunities to acquire land and develop residential and mixed-use assets. For each investment opportunity, the Associate will be responsible for creating the pro forma, and will assist the VP in coordinating all underwriting and acquisition activities. The Associate will conduct due diligence, prepare the investment committee memo, and assist in the preparation of all necessary investor presentations, investment offering documents and legal agreements required for the capital raising arm.
• Create complex financial models for ground-up residential, mixed-use and commercial real estate development.
• Review and analyze pro formas and conduct diligence and market research as required.
• Conduct financial analysis, prepare scenarios and sensitivity analysis to inform key decisions and evaluate investment options.
• Support the VP in the preparation of financial reporting and analysis of results on a semi-annual basis.
• Assess, monitor, and provide updates on project budgets and schedules, with focus on variance analysis and cash flow forecasts, etc.
• Create real estate market intelligence / data reports on specified local markets to support due-diligence, project underwriting and monitoring.
• Gather, track, maintain, and disseminate up-to-date market data with commentary pertaining to the target real estate market with focus on residential development and multi-family by collecting and analyzing data from CoStar.
• Manage and maintain project records and data to effectively manage a large number of projects in a fast-paced environment.

 Requirements:

• Strong eagerness to learn and a high degree of humility
• Must have at least 2-3 years of experience in financial analysis in real estate development, PE, investment banking, or similar
• Minimum of a bachelor’s degree in business / finance, mathematics, engineering, or related field
• Possess excellent communication (both written and verbal) and presentation skills
• Enthusiastic, energetic and self-motivated and able to collaborate openly within a team environment

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

Accounts Payable Associate

Toronto, Ontario (hybrid)

$55,000-$60,000 plus great benefits

Posted on November 8, 2022.

The company is a full integrated real estate company. They are currently accepting applications for the role of Accounts Payable Associate for the corporate office located near Yonge and Eglinton. The business is one of Canada’s top real estate firms with unparalleled growth potential in this department. This is a place where individuals are respected, given autonomy and ownership has worked hard to create an unmatched culture.

The role of the Accounts Payable Associate provides overall support for the Finance/Accounting team in a fast-paced, multi-company environment. The role will be responsible for processing invoices and preparing payments accurately, efficiently and within a suitable time frame. This position will allow for growth with the department, so apply now!

Responsibilities

• sort, code and match invoices
• enter and upload invoices into system
• track employee expenses and process expense reports
• prepare and perform check runs
• reconcile accounts payable transactions
• research and resolve invoice discrepancies and issues
• correspond with vendors and respond to inquiries
• post transactions to journals, ledgers and other records
• prepare monthly HST report
• perform monthly bank reconciliation
• record accounts receivable payments

Requirements

• Diploma or university degree
• A minimum of 1 year of Accounts Payable experience
• Strong organizational skills with an ability to prioritize tasks with a keen attention to detail
• Strong communication skills – written and oral
• Priority will be given to individuals coming from construction or development but it is not required
• Proficient in data entry and document management

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

Senior Financial Analyst
Toronto, ON – 3 Days per week in office (2 during the summer)
$75,000-$80,000 base plus 10% bonus and excellent benefits

Our client is a well-known consumer packaged goods company in the heart of downtown Toronto. The Senior Financial Analyst will be the lead financial analyst to provide support for the marketing team, tracking and reporting key metrics and executing critical financial processes. You’ll be heavily involved in the budgeting and forecasting for a number of different business lines. You will also be in charge of providing top-notch financial analysis for potential product launches and promotional activities, month-end accruals and ad hoc analysis and reports.

If you are looking for a fast-growing CPG company that is virtually recession-proof, apply now!

Responsibilities:

• Provide monthly reports within the agreed timelines – key franchise summary, monthly variance analysis, different financial reports
• Support spend planning at the brand level
• Provide insights to senior leaders about results vs. most recent forecast or various plans
• Support business partners by completing ad hoc and/or self-initiated analyses to improve business performance of customers
• Create and analyze pre and post analysis for all major brand activity
• Provide a review of the profitability of the activity
• Review month and full year plan by project with marketing team and ensure projects are phased correctly according to finance guidelines
• Calculate monthly accrual required and provide variance analysis versus latest plan
• During planning cycles, roll up the marketing budget and provide variance analysis to material changes
• Complete schedules as required for each planning submission
• Help support new item development
• Review brand profitability and sales trend for all forecasting cycles (Budgets) etc.
• Support marketing projects as required

 Qualifications:

• Bachelor’s degree or college diploma in preferred specialism
• 2-3 years of financial experience, preferably with a CPG company
• Strong process improvement skills as well as profitability analysis knowledge
• Excellent analytical (advanced MS Excel skills) and strong communication skills
• Strong Benchmarking and KPI development ability
• Aptitude to quickly analyze data, assess issues and risks and propose recommendations
• A proactive nature to provide financial support to the business

We thank all those who have applied however, only selected candidates will be contacted. If you’re interested please apply to elan@winchesters.ca.