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

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

Posted on May 11, 2021

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 elan@winchesters.ca with your resume and cover letter. Unfortunately, due to the high volume of applicants, only those individuals chosen for interview will be contacted.