FAQs

Associate Director – Acquisitions and Investments
Toronto, ON
Very Competitive Compensation

Posted on September 10, 2021.

Our client is an established and growing real estate investment firm, located in midtown Toronto. They are looking for someone to fill a newly created position, reporting directly to the VP and CEO. This position will be instrumental in strategically evaluating new investment opportunities, offering someone a great opportunity to assist in sourcing and structuring new real estate development investments, monitoring the existing portfolio, and helping the owner at a strategic level. The department is small so this will be a hands-on acquisitions/investments role where you will not have the assistance of a group of analysts.

Our client believes in taking a long-term approach to investing, with the goal of achieving superior compounded investment returns through strong capital allocation and conducting business with a high degree of integrity. They have experienced 30+ years of growth with their investments in the US and Canada, so now is a great time to join and help drive continued success within this opportunistic real estate investment firm.  

The Associate Director – Acquisitions and Investments will be accountable for the financial analysis and modelling for all new and existing business investment opportunities in primarily the high-rise real estate development sector. As a close-knit team, this office is seeking someone with a strong work ethic, desiring a long-term future with the firm. The successful candidate will be a key collaborator to the President in ensuring the deliverance of key metrics to support the strategic plan.   

Responsibilities

• Due diligence and acquisition analysis  
• Underwrite new investments and create detailed proforma budgets 
• Project budget review with focus on actual vs budget proformas periodically to meet company and project objectives 
• Draft investor letters reporting on sales, cost variances, profits, land use changes, etc. and any other material developments. 
• Analyze project cash flows and prepare sensitivity analysis to study impacts on overall project/investment 
• Prepare equity and investment IRR waterfall analysis 
• Monitor and update all project proformas, cashflows and IRR models in conjunction with other team members
• Participate, collaborate and give recommendations on new and existing investments and identify areas for improvement 

Requirements

• Strong sense of integrity, eagerness to learn and a high degree of humility 
• Must have at least three (3) or more years’ experience in financial analysis in real estate development 
• Completed a university degree; a professional designation with exposure to real estate development is preferred but not mandatory
• Have a reasonable understanding of both high-rise and low-rise, mixed use and commercial development 
• Possess excellent communication (both written and verbal) and presentation skills 
• Enthusiastic, energetic and self-motivated and able to collaborate openly within a team environment

How to Apply

If you would like to find out more about the role, please email Elan Van Wyck (elan@winchesters.ca) with your resume and cover letter. 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.

Accounting Manager
Toronto, Ontario
$80,000-$95,000 base plus 25% short term bonus and a Long-Term Incentive Plan

Posted on September 14, 2021

Our client is a growing real estate company located in Toronto, ON. The business is a private equity company with more than $300M assets under management. This is a newly posted position due to the previous person being promoted and working in another division in the company. The role will have a focus on financial reporting, compliance, T5013’s and financial analysis.

In the past 5 years the company has grown tremendously and they are looking to add a CPA-designated accounting professional who either works at an accounting firm currently or has done so previously. Preference will be given to individuals who have real estate experience, but it is not required. The key requirements are a positive/ambitious personality, strong external audit experience, and sound financial reporting and tax knowledge. The growth potential in the role and company are excellent, demonstrated by the previous person being promoted within two years.

If you are a Senior Accountant or Audit & Assurance Manager, don’t hesitate to apply! 

Responsibilities

• Ultimate accountability of the month-end close process for Development Projects 
• Complete full cycle accounting on a monthly, quarterly, and annual basis for development projects for many active projects (bank reconciliations, recording sales, finance adjustments, booking accruals etc.)
• Prepare and reconcile monthly project management fees calculations
• Maintain a weighted average cost of capital document to track financing costs at an individual project level as well as on a consolidated basis
• Provide key business insights together with month-end reporting to improve the overall effectiveness and profitability of development projects
• Prepare year end working papers and audit files for the auditors
• Responsibility for preparation and filing of annual tax returns for development projects – special attention paid to T5013’s
• Responsible for project-level HST reporting and analysis 
• Maintain strict payment draw schedule for projects in construction, ensuring all draws are prepared and reviewed according to the standard process for the project
• Work Closely with Director of Development and Construction to ensure the accuracy of the upload of the budget into the accounting system
• Collaborate with CFO and Investments Team on financial modelling for development projects 
• Assist with the preparation of reports related to development projects for the mortgage regulator as required
• Compile and create internal processes and procedures as it relates to development projects and assist in preparing an overall accounting policy handbook for the department
• Work on special projects as required
• Communicate with investors and lenders to assist with inquiries and project level covenant compliance

Requirements

• Finance, Business or Accounting Degree coupled with the CPA designation completed
• Experience with ASPE and IFRS reporting
• Previous experience working at an accounting firm is mandatory
• EXCEL (index, match, offset, v-look up and pivot tables); high level proficiency required
• Strong attention to detail and ability to multi-task and prioritize
• Corporate tax experience an asset
• Ability to work in a fast paced and ever-changing environment
• The desire to see the organization succeed and the drive to make a material impact in that success

How to Apply

If you would like to find out more about the role, please email Elan Van Wyck (elan@winchesters.ca) with your resume and cover letter. 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 Financial Analyst – Reporting
Toronto, Ontario (hybrid work set up)
$75,000 – $80,000 annual salary, 5% target bonus, lots of vacation and health/dental benefits

Posted on September, 21, 2021.

Our client is an established real estate development company looking for a Senior Financial Analyst to join the team in the head office, located in Toronto. This is a great opportunity for a senior staff accountant currently working at an audit firm. This is a great role for someone looking for that first industry role out of your firm. The organization has a fantastic work culture where emphasis is placed on employees’ well being. If you’re looking to get into the hottest industry in the Greater Toronto Area – real estate development – apply now!

Our well-known client in Toronto develops real estate primarily in Ontario and is looking to add a strong self-motivated senior to the team.

Responsibilities

• Preparation of financial statements and working papers for auditors and participants, ensuring that they are completed on an accurate and timely basis in accordance with Company standards and policies, and satisfy the auditor’s needs.
• Calculation of various cost allocations and production of consolidated management reports.
• Assist with the filing of corporate taxes for nominee corporations and ensure that tax reporting is completed on a timely basis with a solid understanding of requirements for joint venture and partnership structures.
• Assist with assessing the adequacy of the budgets that are used in the year-end process.
• Mentor members of the financial reporting team.
• Other ad-hoc projects as required by the financial reporting team from time to time.

Requirements

• Degree or diploma and CPA designation completed
• Experience working at a public accounting firm
• Knowledge of accounting and finance principles and practices, and the analysis and reporting of financial-related reports
• Exposure to real estate development or construction companies is a nice to have
• Proficiency in MS Office, including Word, Excel and Outlook.
• Ability to communicate effectively, both verbally and in writing

How to Apply

If you would like to find out more about the role, please email Elan Van Wyck (elan@winchesters.ca) with your resume and cover letter. 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.

Accounting Manager
Brampton, ON, Canada
$90,000-$110,000 plus health/dental benefits and vacation

Posted on September 23, 2021.

Our client is an excellent fast-growing company looking for an Accounting Manager in the Brampton office. Even though the title is Accounting Manager, the successful candidate will not supervise any individuals at least for the first 6-12 months as you get used to the systems and processes of the department.

The role reports to a savvy, people-focused Vice President who is CPA-designated and an excellent leader within the organization. The Accounting Manager position is more like a mini-controller role where you would have full Profit & Loss responsibility, handling the balance sheet reconciliations and taking it all the way to financial statement preparation. If you’re a hard-working, hands-on accountant who takes pleasure in making the numbers balance, don’t hesitate to apply! We are only accepting resumes from individuals who are CPA-designated. If you’re interested, get ready for responsibilities like month/quarter/year end reporting, journal entries, reconciliations, balance sheet analysis, accruals, budgets, forecasting and more.

Don’t wait any longer to apply to this dynamic, growing department!

Responsibilities

• Account reconciliations
• Bank reconciliations
• General accounting and posting of journal entries
• Balance sheet analysis
• Profit and loss analysis and ownership
• AP and AR analysis
• Cash flow management and analysis
• Ensure integrity of data – proper coding, allocation, etc.
• Ensure recording all pertinent transactions including setting up monthly accruals
• Ad hoc projects as they come up

Requirements

• Bachelor’s degree in accounting and a minimum of 4 years of accounting experience; or an equivalent of education and experience required.
• CPA-designation
• Advanced EXCEL skills
• Knowledge of accounting and finance principles and practices, and the analysis and reporting of financial-related reports
• Ability to communicate effectively, both verbally and in writing

How to Apply

If you would like to find out more about the role, please email Elan Van Wyck (elan@winchesters.ca) with your resume and cover letter. 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.

Accounting Administrator
Markham, ON
$50,000-$55,000 plus benefits and vacation

Posted on September 24, 2021.

Great established business in Markham with an unprecedented culture and positive work environment is looking for an Accounting Administrator. Our client, is a stable and growing company that is looking for an accounting administrator to work in the Markham head office and report to the VP Finance.

This client offers a flexible work environment, start early and end early or start late and end later. They offer summer hours, holiday office closures and even on-site parking. The VP is looking for a full-time Accounting Administrator. The person will be responsible for accounts payable, accounts receivable, general junior accounting duties and office administration like filing, office mail, etc.

Responsibilities

• Accounts payable
• GL coding
• Vendor account inquiries and reconciliations
• Accounts receivable
• Depositing and recording receipts
• Collection calls
• Clerical duties such as: filing invoices, supply ordering, distributing office mail, couriering packages and other general administrative duties
• Ad hoc duties as required

Qualifications & Requirements

• Minimum 2 years of experience in an accounting and administration role
• General computer literacy (Excel, Word, Outlook)
• Attention to detail and strong organizational skills
• Proven ability to work as part of a team and build strong relationships
• Ability to work independently and meet deadlines
• Can-do attitude where you are comfortable with any office administration duty
• Excellent communication skills both verbally and written

How to Apply

If you would like to find out more about the role, please email Elan Van Wyck (elan@winchesters.ca) with your resume and cover letter. 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 – Acquisitions, Development
$100,000-$125,000 base plus 20% bonus
Toronto, Ontario

Posted on September 29, 2021.

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 development projects. You will be responsible for the day to day duties of managing real estate models, acquisitions, feasibility studies, monitoring project performance, planning and analyzing budgets. If this new challenge sounds like a fit for you, do not hesitate to apply.

Responsibilities

• Conduct due diligence and feasibility studies to analyze acquisitions
• Technical analysis and ensure proper accounting for acquisitions and deal disposition
• Underwrite new development deals and create intricate proforma budgets
• Conduct project budget review with focus on actual vs budget proformas monthly to meet company and project objectives
• Analyze project cash flows and prepare sensitivity analysis to study impacts on overall project
• Prepare equity and investment IRR waterfall analysis to ensure KPI’s are met
• Continuously Monitor and update all project proformas, cashflows and IRR models in conjunction with project accountants, controller, and CFO
• Create monthly project financial reports to present to LP partners, CEO, CFO and COO.
• Participate, collaborate and give recommendations on projects and identify efficiencies for continuous improvements
• Assist with execution of development portfolio strategy related to investments and supporting executive team on execution of transactional activity

Requirements

• Must have at least two (2) or more years’ experience in financial / development analysis in real estate development
• Completed a university degree
• Have a thorough understanding of high rise and mixed-use development
• Are analytical and have ability to produce analysis in appropriate language and style
• Possess excellent communication (both written and verbal) and presentation skills
• Have strong process management/improvement skills with a mindset for continuous improvement
• Have ability to manage your time, with strong organizational skills and ability to prioritize tasks within a demanding environment
• Are proficient in Microsoft Office suite some modeling software (Word, Excel, Project, Outlook)

How to Apply

If you would like to find out more about the role, please email Elan Van Wyck (elan@winchesters.ca) with your resume and cover letter. 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
Brampton, Ontario, Canada
$60,000-$70,000 annual salary, plus health/dental benefits and vacation

Posted on October 7, 2021.

Our client is an excellent fast-growing company looking for a Financial Analyst in the Brampton head office. This is the type of role where you can use it to leapfrog your career and move up to either reporting, financial planning and analysis or another interesting area of the growing business. The Manager above this role is interested in hiring someone who is keen on learning, working hard and smart, and wants to grow.

The Analyst will undertake a variety of financial and non-financial tasks to assist in the process to guarantee the company’s incomes. They will handle the processing of incoming payments along with the issuing of necessary paperwork, while working towards improving current processes. The incumbent will see through the initiation, preparation, review, and issuance of billings to customers, vendors and other business partners.

Don’t wait any longer to apply to this dynamic, growing department.

Responsibilities

• Ensure billing accounts are set up correctly and according to their requirements. Work with the finance team to ensure contract specifications are up to date.
• Preserve the integrity of account information within our various accounting systems
• Monitor and review outstanding bills and follow up with the appropriate internal or external teams to ensure payment is made in a timely manner.
• Draft, finalize, and issue accurate billings to respective business partners on a weekly basis
• Prepare and maintain reports related to billing and receivables for all business partners.
• Issue credit and corrections of previous invoices when required.
• Reconcile invoices with balance sheet reports and resolve any discrepancies
• Ensure billing is consistent with purchases entered into the system
• Continually communicate with both business partners and internal departments to clarify and resolve all billing inquires.
• Work with the Reporting Manager to proactively investigate and recommend procedural solutions to meet company needs, including automation of procedures and process improvements
• Communicate and maintain a relationship of trust with business partners and other departments, resolve issues, and provide clarifications.
• Staying on top of regular procedures to comply with audit requirements
• Other duties as required

Requirements

• Post secondary degree/diploma in accounting, finance, or a related field
• Previous experience as a billing analyst is preferred but not required
• Some general accounting experience would be nice
• Proficiency in Microsoft Office, data entry and accounting software programs
• Exceptional written and oral communication skills
• Ability to work independently and in a team
• Strong attention to detail

How to Apply

If you would like to find out more about the role, please email Elan Van Wyck (elan@winchesters.ca) with your resume and cover letter. 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.

FP&A Manager
Toronto, ON
$100,000-$110,000 base plus bonus, vacation, and health/dental benefits

Posted on November 1, 2021.

Our client is a well-known consumer packaged goods company in the heart of Toronto. They are looking for a new FP&A Manager to step in and lead the finance communication for a number of the teams and ensure customer pricing and promotions are accurately accounted for and reflected in the ERP. This role will be one of the most senior FP&A specialists in the business and will supervisor a small team of analysts. Individuals who are CPA designated, have strong CPG experience, and either work at a senior analyst or manager level should definitely apply!

We are looking for someone who has a keen eye for details and is very organized. You will be responsible for analyzing all accruals and adjusting on a tertial basis along with other special project work. Don’t wait any longer to apply!

Responsibilities

• Take responsibility for coordinating the business P&Ls for several divisions, providing the necessary information to the Senior Leadership team to ensure company objectives are achieved, identifying areas of risk and implementation of plans to mitigate
• Lead the long-term strategic financial planning cycle for the business
• Lead, manage and improve the financial business planning process, including budget planning and latest estimate forecasting
• Challenge and influence the leadership team overall profitability of the plans
• Act as a business partner to the Marketing teams to help ensure delivery of long-term objectives (sustainable & profitable growth)
• Input into strategic direction of the business at all of the key leader summits
• Leadership agenda – team leadership managing and developing the team
• Ad-hoc projects

Requirements

• Bachelor’s degree in Accounting/Finance preferred
• CPA designation complete
• 5-6+ years of experience minimum, preferably within consumer-packaged goods, pricing experience preferred
• Strong technical accounting knowledge
• Excellent analytical and strong communication skills
• A proactive nature to provide financial support to the business.
• Computer proficiency in Microsoft Office

How to Apply

If you would like to find out more about the role, please email Elan Van Wyck (elan@winchesters.ca) with your resume and cover letter. 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 Controller
Toronto, Ontario
$120,000-$150,000 base plus bonus and great benefits

Posted on November 2, 2021.

Our client is an established real estate property management company in downtown Toronto, looking for a Financial Controller to manage the accounting and finance department of 15 individuals.

This organization headquartered in Toronto acquires, leases, manages and redevelops commercial real estate assets across Canada. They have a well established and respected track record, an experienced team and takes on a hands-on approach to provide superior service to both clients and employees.

Our client is looking for a new Controller to oversee the day-to-day accounting, property accounting, and financial reporting for the group of companies. This client will only look at candidates who have a strong background in property/corporate accounting and is currently working at a managerial level.

Responsibilities

• Provide effective management to a team of accounting professionals through mentoring, active engagement, and communicating direction, while empowering individuals to make decisions and exercise their creativity.
• Lead all day-to-day accounting operations, including updating accounting records, monitoring bank accounts, completing monthly reconciliations, AP, AR, Payroll, General Ledger, Cost Ledger, etc.
• Accountable for ensuring that the Company’s monthly, quarterly and annual financial and bank reporting is timely, accurate, and in compliance with ASPE and IFRS
• Assemble information for and liaise with external auditors
• Reconcile and maintain intercompany transactions and investment account balances
• Treasury and cash management including cash flow forecasting
• Prepare and file monthly government remittances, annual financial statements and T2 corporate tax returns
• Assist in the reporting of portfolio occupancy to the client which includes metrics such as lease rollover and net rents expiring, top vacancies by square footage, and leasing performance versus budget.
• Supply reports and monthly/quarterly financials to management, partners and investors
• Communicate business strategy and provide leadership to the team. Plans, organizes, and measures work performed within the department to professionally deliver the highest level of services in a cost-effective manner
• Quarterly and annual reporting and consolidation of the current funds
• Ad-hoc duties from senior management 

Requirements

• Degree or diploma and CPA designation completed
• At least 7 years of professional work experience
• Must have prior property accounting experience
• Knowledge of accounting and finance principles and practices, and the analysis and reporting of financial-related reports
• Supervisory experience over at least 5 individuals
• Proficiency in MS Office, including Word, Excel and Outlook
• Ability to communicate effectively, both verbally and in writing

How to Apply

If you would like to find out more about the role, please email Elan Van Wyck (elan@winchesters.ca) with your resume and cover letter. 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.

Manager, Financial Reporting
Toronto, ON, Canada
$85,000-$95,000 base plus bonus and excellent benefits 

Posted on November 9, 2021.

This established and growing real estate company in Toronto is looking for a new Manager of Financial Reporting. The reason the role is open is because the current person has been promoted.

Our client is a well-known company with a great name in the real estate industry in Toronto and across the country. The Finance Manager will play a pivotal role to support the accounting, financial analysis and preparation of the MD&A and financial statements along with many other exciting responsibilities.

The Finance Manager will work closely with the senior management on financial reporting, accounting and finance related matters.

Responsibilities

• Review monthly reporting package with management including schedules, account analysis and variance analysis
• Responsible for the monthly recording and analysis of corporate expenses
• Assist in annual operating budgets and ongoing forecast
• Assist in quarterly and annual financial audit
• Responsible for corporate accounting to ensure timely close of month, quarter, and year ends
• Understand and review intercompany loan agreements and prepare the journal entries associated with those loan agreements
• Implement accounting policies and procedures into the SAP system including monitoring and reviewing of consolidated accounts
• Assist in set up of new acquisitions in ERP system
• Assist in system conversion and required system testing
• Create and coordinate payment and funding processing
• Coordinate and administer the lender underwriting process, including liaising directly with the lenders and answering their follow up questions on a timely basis
• Calculate cost benefit analysis and model out financing options, including sensitivity analysis
• Manage mortgage maturity and funding timelines
• Prepare quarterly compliance reporting packages
• Support the planning and execution of debt strategy
• Maintain mortgage and debt maturity schedules
• Assist in special projects

Requirements

• Degree plus a CPA designation
• Technically strong in accounting principles, procedures and reporting (knowledge of IFRS, consolidations, etc.).
• Well-versed in public company statutory and regulatory reporting requirements
• Well aware of the risks and opportunities presented by a publicly listed company
• Strong knowledge of computer system applications including accounting and consolidation systems and Microsoft Office applications (EXCEL)
• Able to manage multiple priorities and meet deadlines through effective time management
• Excellent communication skills (in particular written) and comfortable dealing at all levels
• Open-minded to new ideas and approaches as well as dealing with ambiguity

How to Apply

If you would like to find out more about the role, please email Elan Van Wyck (elan@winchesters.ca) with your resume and cover letter. 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.