FAQs

Senior Financial Analyst 
Burlington, ON
$75,000-$85,000 base plus bonus, 3 weeks of vacation and benefits

Unfortunately, this position is no longer available.

Our client is a growing company with their head office in Burlington. In the past 5 years, the company has grown tremendously and they are looking for a Senior Financial Analyst to join their dynamic team. The Controller is looking for a Senior Financial Analyst to come with experience from a previous accounting firm and individuals who already have some industry experience will be given preference. This is a very unique role because it touches on financial reporting, FP&A and has a strong focus on special projects, tax, project management, and internal controls. It will give the successful candidate growth opportunities that are unmatched in the job market right now with a plan to move this individual to a supervisory role in the near future.

The Senior Financial Analyst will be primarily responsible for working on the financials for the organization’s real estate development division. We are looking for individuals who don’t just want to go to work for the sake of it. We really want individuals who find passion in what they do, being challenged and learning new things should be key motivators for you. If you think this is you, apply now!

Responsibilities

• Ultimate accountability of the month-end close process for Development Projects within ten business days
• Complete full cycle accounting on a monthly, quarterly, and annual basis for development projects for over 28 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
• 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
• Design and implement internal control processes to improve organizational efficiency and effectiveness, especially as it relates to change orders, project LTV monitoring, project cost approval and project cost monitoring
• Collaborate with Senior Manager of Finance 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 to assist the Accounting and Finance management team, 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

If you are interested in learning more about this opportunity, please apply now, and contact [email protected] 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. For more career opportunities in finance, please visit Winchesters.ca.

Vice President Finance and Operations
Toronto, Ontario
$150,000-$175,000 base plus bonus, equity, excellent benefits and vacation

Unfortunately, this position is no longer available.

Our client is Toronto is a small, yet growing real estate development company seeking an experienced VP Director of Finance and Operations to join their team. Reporting directly to the Partners, the VP Director of Finance and Operations will direct all finance, accounting and reporting for all real estate development projects by working with the executive and project teams, joint ventures, financiers, consultants, government agencies, and other stakeholders. An experienced accounting, investment, and finance team will also work under the VP Director of Finance.

The VP Director of Finance and Operations will be a part of a top-tier development company that possess a 5-year expansion plan for internal growth. Do you have accounting experience in real estate development? If so, apply now!

Role Responsibilities

• Hire, train, mentor and retain top-tier accounting talent  
• Establish and maintain controls to safeguard corporate assets and limit financial exposure; document and recommend improvements to internal financial policies and procedures  
• Oversee and approve the completion of timely financial statements and reports on transactions and/or information requests from both lenders and investors  
• Oversee, monitor, and report on project variances as they relate to project return targets and budgets  
• Monitor the Company’s cash flow in regards to operating profits and projected capital requirements from the portfolio  
• Manage and monitor corporate operating fee revenue, expenses and payroll  
• Lead and manage the accounting team on all full cycle development accounting operations including 
  HST/GST, year end and interim financials, preparation of corporate and property audit and tax 
  returns  
• Lead tax structuring to proactively minimize tax, in regards to corporate, holding company and property level activities  
• Set up systems and assist in tracking of commissions, purchasers, deposits, upgrades, and chargebacks  
• Lead regular monthly draw package co-ordination  
• Lead in conjunction with asset management the preparation and distribution of capital calls  
• Lead management of lender and investor reporting obligations  
• Assist in maintaining existing and establishing new lending and investor relationships as part of new acquisitions and recapitalizations  
• Assist in research and lead implementation of private securities structures and issuances including EMD qualification or partnerships, mutual fund trusts, and offering memorandums  
• Lead corporate banking relationships including establishment of efficient operating facilities and credit card pools for construction  
• Lead research and implementation of financial and tax structuring options for new businesses  
• Set quarterly and annual operational objectives  
• Design and implement operational strategies, systems, templates, plans and procedures to 
  support the Company’s growth  
• Research, implement and maintain operating and accounting software 
• Assist with preparation and distribution of marketing materials including press releases  
• Lead implementation of construction financial and operating controls, management reporting, and contract and monitoring software for self-performing construction division 
• Oversee and assist corporate responsibilities for Tarion and Home Construction Regulatory Authority (HCRA) registration and reporting  

Requirements

• University degree 
• CPA Designation 
• 5+ years of experience in finance/accounting in real estate development at a senior level
• Strong analytical and critical thinking skills 
• Working knowledge of EXCEL 
• Excellent interpersonal and communication skills 
• Positive and professional demeanor 

If you are interested in learning more about this opportunity, please apply now and contact [email protected] (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. For more career opportunities in finance, please visit Winchesters.ca.

Senior Construction Accountant
Toronto, ON
$90,000 – $100,000 base (plus bonus, pension, 3 weeks’ vacation, and excellent benefits)

Unfortunately, this position is no longer available.

Our client is a large real estate organization looking to hire a Senior Construction Accountant in this new position for the department. This is an excellent role for an accountant who has worked in development or construction and has experience with the draw process, working with cost consultants, and dealing with joint venture partners. This company can offer unparalleled benefits that go along with a great compensation package. The Senior Construction Accountant will work on a varied array of interesting responsibilities like monthly draw work, monthly percentage/cost to complete analysis, forecasting, budgeting, and more. 

Responsibilities

• Prepare analysis for income-producing property transfer packages for buildings/units that are fully developed and ready for intended use. This includes ensuring tenant and recovery setup and proper allocation of site servicing/land and capitalized interest/salaries.
• Review monthly and quarterly percentage/cost to complete.
• Assist in portfolio level review and completion of monthly financial results and variance analysis for management.
• Set up new joint venture project templates including mapping of construction categories, funding and construction loan draw, financial and construction reporting, draw & equity reconciliation in compliance with the company and JV protocols and ensure compliance with JV agreements.
• Review and produce monthly Construction/Mezz loan tracking schedule.
• Assist in the development and implementation of new or improvement of development department process and procures and provide support and training for department member on implementation of changes.
• Prepare quarterly property financial forecasts and annual budget, including revenue and recovery calculations. 
• Ad-hoc support to Corporate finance, Property Accounting, Development Executive, Valuations, Tax and JV partners.
• Assist in preparation of portfolio level review and reporting, to management, co-owners, and auditors.
• Ensure all Internal Control Policies and Procedures are followed, including the documentation and completion of proper audit trails.
• Identify gaps in existing policies and procedures and escalate as appropriate.

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
• 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 and contact [email protected] (with your resume and cover letter). Unfortunately, due to the high volume of applicants, only those individuals chosen for interview will be contacted.

Senior Project Accountant
Downtown Toronto, ON
$80,000-$90,000 base (plus discretionary bonus, full health and dental benefits and 3 weeks of vacation)

Unfortunately, this position is no longer available.

Our client is an excellent project-based business that is in growth mode. This Canadian business has year-over-year been ranked one of the best places to work and they are looking for a strong Senior Project Accountant to join the team. This role will be instrumental in supporting the accounting department through project accounting, financial analysis and financial reporting. 

You will have the opportunity to work on interesting special projects along with maintaining project budgets, processing consultant invoices, billing and accounts receivable and other duties as required. 

Responsibilities

• Project Accounting
  • Setting up and maintenance of projects
  • Tracking and processing consultant payments
  • Monthly billing of projects
  • Reviewing and analyzing projects
• Prepare monthly disbursement invoices
• Manage consultant payment using pay when paid method
• Project analysis
• Compiling financial projections and reports
• Maintenance and development of project budgets
• Collections and AR tracking
• Timesheets and expense reporting
• Ensure consistency with firms policies and procedures
• Many other ad hoc projects as they come up

Requirements

• Bachelor’s degree in Accounting, Finance or related discipline 
• Some project accounting experience in a professional services firm – architecture or design firm preferred 
• Advanced proficiency with EXCEL 
• Experience with Deltek Vision and Vision Resource Planning preferred  
• Highly organized, detail-oriented self-starter with ability to prioritize  
• Collaborative and professional work ethic
• Ability to work with large teams   
• Strong communication and interpersonal skills 

If you are interested in learning more about this opportunity, please contact [email protected] (with your resume and cover letter). Unfortunately, due to the high volume of applicants, only those individuals chosen for interview will be contacted.

VP Finance
Toronto, ON
$175,000 – $200,000 (plus bonus and benefits)

Unfortunately, this position is no longer available.

Our client is a stable and growing diversified real estate company in Toronto, Ontario. With its growth, the company is involved with exciting new projects from several asset classes. Thus, the CFO is seeking a VP Finance with recent (i.e. less than 6 years)  experience in real estate development and a bottom-up understanding of development accounting. The VP Finance will lead the development financial/accounting function of the department, manage the accounting/control functions, and report development financial results as per IFRS standards.

If you’re looking for a company that will continue to grow and will encourage your personal/professional growth that is unparalleled in the GTA, don’t wait and apply now!

Responsibilities

• Corporate and project cash-flow projecting
• Construction budgeting and cost reporting
• Review project proformas, variance analysis
• Oversee preparation of construction draws, respond to project monitor inquiries
• Respond to vendor inquiries
• Balance sheet reconciliations, review and process invoices, tax payments
• General ledger analysis and maintenance, post journal entries for sales and purchases
• Set-up ledgers for new corporate entities
• Monitor and prioritize vendor payments
• Review construction financing
• Inter-company accounting and invoicing
• Preparation of year-end working papers, review year-end adjustments, and tax planning
• Analyze joint venture agreements, prepare distribution schedules, and capital calls
• Quarterly preparation of financial statements, reporting to joint venture partners
• Maintain schedules for shareholders and joint venture partners
• Provide project information to MPAC when requested

Requirements

• College diploma or University degree, coupled with the CPA designation
• 6+ years of accounting experience, specifically within real estate development
• Working knowledge and understanding of the construction or real estate development sector
• Working knowledge of inter-company accounting
• Knowledge of IFRS
• Excellent oral and written communication skills
• Ability to work effectively in a team environment, as well as independently
• Hands-on approach to accounting and management

If you’re interested in learning more about this opportunity, please contact [email protected] with your resume and cover letter. Unfortunately, due to the high volume of applicants, only those individuals chosen for interview will be contacted.

Senior Project Accountant
Toronto, ON
$80,000-$100,000 (plus bonus)

Unfortunately, this position is no longer available.

A well-established residential real estate homebuilder in the GTA is looking for a Senior Project Accountant to join a dynamic team environment. Currently, the company is experiencing a rapid growth and is looking for an individual with drive to achieve excellence within the company. This is a great opportunity for someone who wants to work under a CFO who is a great mentor and focused on employee development.

Reporting to the Controller and CFO, the Senior Project Accountant will play a key role to provide reliable and efficient support and reporting for pre-development, construction, and closing projects for cost consultants, internal and external partners.  The position requires preparation and meaningful analysis of monthly and annual financial statements. The Senior Project Accountant will assist with the budgeting and forecasting process, maintaining the full accounting cycle for development projects. 

RESPONSIBILITIES

• Oversee the full accounting cycle for multiple development projects.
• Perform monthly calculations, reconciliations and recording of revenues, management fees, and interest for each project.
• Perform timely month-end close, verify records of all pertinent transactions (i.e. setting up monthly accruals),  and properly document journal entries.
• Prepare monthly construction draws and co-ordinate with cost consultants.
• As needed, coordinate with the operations and other teams to process monthly property financials (i.e. invoice coding, purchase orders, project details and variance analysis)
• Maintain ongoing analysis of project budgets on a pro-forma basis from joint venture partners. 
• Perform regular bank and trust deposit reconciliations.
• Set up project budgets, estimate and change orders in the accounting system, and implement control/maintenance activities.
• Prepare and process cash calls, record and reconcile project distributions/contributions.
• Assist in cash flow reconciliations and analysis.
• Prepare internal and external partner reporting for each project, including support for GL balances.
• Assist in monthly compliance reporting to lenders, government, and partners.
• Identify and implement process re-engineering opportunities.
• Ensure compliance with Generally Accepted Accounting Standards (IFRS and ASPE), internal audit, client accounting services, and internal review standards.

QUALIFICATIONS

• Bachelor’s degree in Accounting (preferred) or Finance required; CPA is an asset
• 3-5 years of accounting experience
• Real estate development company experience preferred
• Advanced accounting and analytical skills
• Excellent verbal and written communication skills
• Must be able to work well independently and collaboratively with others
• Must be detail oriented with strong analytical skills
• Strong working knowledge of Microsoft EXCEL and other spreadsheet applications required; experience with real estate accounting software is a plus (JDE, NEWSTAR, YARDI)
• System conversion experience is a plus.

If you are interested in learning more about this opportunity, please contact 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.

Senior Accountant
Concord, ON
$80,000 to $90,000 (with paid vacations; please note that during this time, dental/health benefits are unavailable)

Unfortunately, this position is no longer available.

We’re seeking an experienced Senior Accountant who possesses a real estate background with development accounting experience. Our client is an established, family-run real estate company in Concord, Ontario. The ideal candidate is reliable, dedicated, and interested in long-term growth for years to come. The successful candidate will act as the finance department head for the company. Reporting directly to the Owner, the candidate will also work with the Owner and external parties (joint ventures, financiers, consultants, government agencies and others) to complete finance, accounting, and reporting tasks for all projects.

This is a unique role because it provides the successful candidate full autonomy to be as a hands-on leader for the company. The company also offers a flexible and relaxed work environment. So ditch the stressful, corporate job in Toronto and apply now for a much more relaxed work setting in Concord!

Responsibilities

• Work directly with the Owner in the design of the initial ownership structuring of projects and partnerships
• Responsible for all accounting matters – draws, deposits, equity, mortgage payments, etc.
• Manage the monthly construction draw process with the project cost consultant and construction lender
• Construction accounting software lead (Jonas and Quickbooks)
• Cash flow management – keep track of all bank accounts, monthly deposits and payables – maintain the funding of accounts and handle equity deposits when necessary
• Handle all of the mortgages and lending agreements, paying particular attention to when they must be renewed or renegotiated
• Track sales agreements and related deposits
• Deal with closing processes, managing all deposits from purchasers and from tenants
• Manage equity draws for project ownership entities, partnerships and joint ventures consistent with their respective legal structuring
• Handle insurance for some of the real estate properties under management
• Liaise with Tarion and the opening of new registrations
• Review statement of adjustments on acquisitions and sales
• Liaise with external accountant and provide year-end working papers
• Ad-hoc duties as required

Requirements

• A University degree; CPA Designation is an asset (but not required)
• 3+ years experience in finance/accounting in real estate would be an asset
• Strong analytical and critical thinking skills
• Working knowledge of Excel
• Excellent interpersonal and communication skills
• Positive and professional demeanor

If you’re interested in learning more about this opportunity, please contact [email protected] with your resume and cover letter. Unfortunately, due to the high volume of applicants, only those individuals chosen for interview will be contacted.

Senior Accountant
Oakville, Ontario, Canada
$60,000-$70,000, plus bonus, full benefits and vacation

Unfortunately, this position is no longer available.

Great established business in Oakville/Mississauga, Ontario with an unprecedented culture and positive work environment.

Our client, is a stable and growing company that is looking for an Intermediate/Senior Accountant to join their team of tenured accounting professionals. The Senior Accountant will perform a range of accounting and analysis duties ranging from full-cycle accounting to project analysis. You will be responsible for providing accounting support to accounting supervisors and managers while reporting to a corporate controller. Key daily work primarily consists of project accounting and reporting, annual financial statement preparation, facilitation of the preparation of tax returns by the external auditor, investor reporting, cash management and financial analysis.

Responsibilities

• Monthly update of accounting records for management entities and investor entities using Exact accounting software. This includes AP, AR, Bank reconciliations and intercompany accounting.
• Reconcile bank statements
• Assist the Controller with Cash management tasks like preparing monthly draws
• Prepare monthly investor reporting templates for the Project Accountants
• Prepare and submit monthly HST returns
• Facilitate the preparation of annual corporate tax returns
• Assists with Tax and financial audits
• Document and maintain complete and accurate supporting information for all financial transactions.
• Any other finance and accounting tasks as assigned by the Controller
• Monthly update of accounting records for one of more project entities and prepare the monthly project report for distribution to investors and management.
• Maintain the company’s document management system
• Weekly sales reporting

Key Requirements

• College Accounting Diploma or University Degree with Accounting focus
• Great communication skills (both oral and written)
• 5+ years of experience in a general accounting position
• Great organizational skills coupled with a can-do attitude

If you are interested in learning more about this opportunity, please email your resume in confidence to [email protected] Unfortunately, due to the high volume of applicants, only those individuals chosen for interview will be contacted.

Financial Controller
Etobicoke, ON
$120,000-$140,000 base, bonus and health/dental benefits

Unfortunately, this role is no longer available.

Our client is a growing and established manufacturing company and due to dramatic growth, they are looking to hire a Financial Controller to lead their accounting/finance team. This is a newly created position as most of these functions are currently outsourced. As a key member of the company’s Management Team, the Financial Controller will lead and be responsible for the daily administration of the company’s accounting and financial activities, reporting directly to the owner and supervising a small team of junior accountants.

This is an excellent opportunity for a designated CPA Manager or Financial Controller coming from manufacturing who has some experience supervising a small team and wants to help this company move through all the growing pains that come with dramatic expansion. The position will allow the Financial Controller to have a broad focus versus a narrow one with a larger organization. We are looking for an individual who can lead by delegating responsibilities but also take a hands-on approach by rolling up the sleeves if and when necessary. Apply now – this owner is motivated to hire sooner rather than later.

Responsibilities

• Oversee all financial operations of the company including subsidiaries.
• Manage any third parties to which accounting or finance functions have been outsourced.
• Monitor and direct the implementation of strategic business plans.
• Manage the capital request and budgeting processes.
• Develop financial and tax strategies.
• Participate in key decisions as a member of the executive management team.
• Supervise and assist with negotiating acquisitions.
• Oversee the issuance of all financial information.
• Understand and mitigate key elements of the company’s risk profile.
• Ensure that record-keeping meets the requirements of auditors and government agencies.
• Maintain relations with external auditors and investigate their findings and recommendations.
• Monitor cash balances and cash forecasts.
• Represent the company with investment bankers and investors.
• Provide monthly, quarterly and annual in-depth reporting and data analysis of all company related income and revenue statements. 
• Responsible for creating, allocating and monitoring all company’s budgets.
• Direct management responsibility for all accounting departments. 

Requirements

• CPA designation
• Proven experience as an Accounting Manager or Controller in Manufacturing
• Excellent leadership, communication and organizational skills
• Positive and professional demeanor
• Proficient in Microsoft Office 
• Must have the ability to maintain the highest degree of integrity and confidentiality.

If you are interested in learning more about this opportunity, please apply now and contact [email protected] (with your resume and cover letter). Unfortunately, due to the high volume of applicants, only those individuals chosen for interview will be contacted.