Vice President of Finance and Accounting
Toronto Ontario or Oakville, Ontario (on-site)
$180,000-$190,000 Base Plus 20 -25% Bonus, excellent Benefits and Vacation
Our client is a growing Real Estate development company with offices in Oakville and downtown Toronto, Ontario. They are looking for an experienced Vice President of Finance andAccounting, from a real estate development backround to join the small and growing team.
The Director of Finance and Accounting will report directly to the CFO and will direct all finance, accounting and reporting for all real estate development projects by working with the executive and project team, joint ventures, financiers, consultants, government agencies and other stakeholders. This position is a very unique role giving the successful candidate the opportunity to work with a top-tier development company that puts their investors first and plans to expand dramatically in the next five years. You would be in charge of hiring a brand-new team to support you while working with an excellent VP of Development and Construction. If you have real estate development accounting experience, apply now.
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
- Lead implementation of construction financial and operating controls, management reporting, and contract and monitoring software for self-performing construction division
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 demeanour
If you are interested in learning more about this opportunity, please apply now. Unfortunately, due to the high volume of applicants, only those individuals chosen for interview will be contacted. Please email resume to elan@winchesters.ca.