Finance

Business Development Manager – Real Estate Lending
Mid-town Toronto, ON (mostly working in the office)
Competitive salary including a decent base salary, bonus, and stock options

Posted November 4, 2021.

Our client is a growing financial services organization focused on real estate lending. We are looking for someone who has a strong sales and business development background. This position is a very unique one where it can merge someone’s desire to work in finance and sales. The position will be part of an exciting start-up that has already been in business for 5 years but is now experiencing great growth. You will be responsible for analyzing and structuring deals with sophisticated real estate investors purchasing or refinancing distressed single-family, multi-family, industrial, commercial, and development assets.

We are looking for a self-starter who can embrace a fast-paced start up environment and feel comfortable with having exposure to a diverse set of responsibilities. This role will give you the opportunity to showcase and develop both analytical finance-related skills and client-facing / sales skills. You will be responsible for forging new relationships, cold calling, providing support and guidance to new and existing clients, and often serving as the point of contact throughout the loan origination process.

Responsibilities

• Develop business with borrowers who are real estate investors and may be purchasing or refinancing investment real estate including distressed single-family, multi-family, industrial, commercial and development assets.
• Assist with marketing efforts to steadily grow the company’s pipeline of new deals.
• Collect and organize necessary documents from borrowers for underwriting.
• Perform initial valuation analysis and due diligence on the borrower and the collateral.
• Order and conduct an initial review of third-party reports to ensure loan requests align with the company’s risk parameters.
• Coordinate with internal and external resources to analyze suitability of loan requests.
• Update risk and loan pricing models on a periodic basis.
• Help clients optimize their real estate investments by finding the best financing solutions based on investment goals and strategies.
• Qualify clients and their deals to ensure a strong fit between the client’s needs and the company’s product offerings.

Basic Qualifications

• 2-5 years of experience in finance, lending, underwriting, or sales
• Bachelor’s degree in business, finance, or engineering is preferred
• Strong attention to detail
• Excellent communication and interpersonal skills
• Deep understanding of technology and software tools
• Flexible and focused on solutions
• Organized and self-sufficient

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.

Finance Manager – Construction Projects
$100,000 – $120,000 (plus bonus, pension, excellent benefits and 3 weeks of vacation)
Toronto, ON

Posted on October 23, 2021.

Our client is a construction company located in Toronto, ON. Due to growth, they are looking for a Finance Manager to join the Director and supervise four accountants. This Finance Manager will be responsible for reporting, budgeting, forecasting and have full ownership over day-to-day transactions for the division.   

Our client offers a competitive compensation package with excellent benefits and wellness programs. As a well-respected organization internationally, our client is a place that experiences very little turnover and is a company where you can join and grow your career in accounting/finance.

Responsibilities

• Financial reporting, budgeting, forecasting, and review of taxes
• Prepare monthly consolidated financial statements and related schedules & notes
• Implement & manage internal control procedures
• Coordinate & manage internal and external audits
• Develop annual budgets and quarterly forecasts in concert with the respective business partners
• Investigate / analyze departmental variances from budgets/forecast on a monthly/quarterly basis – working closely with business partners
• Support accounting research to provide recommendations, ensuring the Company complies with all areas of IFRS and in accordance with established company policies and procedures
• Manage, mentor and develop finance team
• Build a strong network across various teams to handle a wide range of analytical and operational issues
• Support preparation of financial presentations & analyses for the leadership team
• Support preparation of ad-hoc financial analyses (including “what-if” scenario analysis) as required to support business partners

Requirements

• 6-10 years of professional finance experience
• Education in Accounting or Business Management
• Strong knowledge percentage of completion accounting
• Supervisory experience over others
• Construction industry experience is mandatory
• Excellent communication skills (both written and oral).
• Ability to work independently as well as in 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.

Senior Financial Analyst
Toronto, ON
$70,000-$80,000 base plus bonus, vacation, and health/dental benefits

Posted on October 20, 2021.

Our client is a well-known consumer packaged goods company in the heart of Toronto. They are looking for a new Senior Financial Analyst to step in and lead the finance communication for the sales team to ensure customer pricing and promotions are accurately accounted for and reflected in the ERP, but also provide business insights / recommendations to improve future financials. As a leader in this group, you will work with the sales team to complete the annual operating budgets, ensure monthly expenses are accurately recorded and provide performance management insights.

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

• Provide monthly trade spend reporting and variance analysis
• Complete Customer Profit and Loss Statements on a regular basis with the expectation of explaining variances and assisting in improving customer performances
• Provide Key Account Managers with financial support in order to help them achieve their business objectives
• Proactively recommend changes to processes and procedures to ensure efficient flow of information and resolution of issues
• Work with sales / marketing in completing annual budgets
• Set up all customer pricing and programs in the ERP in an accurate and timely manner
• Provide Sales support to complete monthly trade accruals
• Review and analyze trade performance on a tertial basis and make recommendations for adjustments
• Liaise with A/R with respect to deductions discrepancies and resolve issues
• Process credits against customer accounts where necessary
• Reconcile markdown accruals and adjust for actual
• Liaise with Customer Service regarding pricing discrepancies and resolve issues with Sales or the customer
• Ad-hoc projects

Requirements

• Bachelor’s degree in Accounting/Finance preferred
• CPA designation complete or enrolled in the program
• 3 years of experience minimum, preferably with a CPG company, 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.

Accounts Payable Associate
Vaughn, Ontario
$50,000-$55,000 base plus a bonus and excellent benefits

Posted on September 23, 2021.

Our client is a full integrated real estate company in Concord, Ontario. They are currently accepting applications for the role of Accounts Payable Clerk. This is part of an established accounting team that values good work/life balance, treating employees fairly and compassionately and it’s the type of position where you would also be given the opportunity work on payroll duties. If you have great accounts payable experience from the construction or real estate development sector, apply now! 

Responsibilities

• Match invoices to supporting documentation (contracts, P.O’s, packing slips, etc) and agree terms and check for appropriate authorization
• Resolve all discrepancies that may occur during verification process by maintaining contacts with suppliers and internal contacts
• Obtain the necessary authorizations
• Liaise with external suppliers and internal departments as required to resolve issues
• Process construction project invoices, phone bills, commission invoices, Esso bill,407 ETR, building permit payment and cheque requisitions
• Produce and review cheques, matching backup and preparing package for cheque signing
• Investigate issues on a timely basis and resolving as appropriate
• Reconcile accounts as necessary
• Payroll processing and inputs for roughly 15 salary employees and 5 hourly employees in total
• Calculate WSIB, union remittances and EHT
• Issue ROEs and set up new employees into the system
• Liaise with Accounting Dept. to respond to questions and retrieval of information
• Develop and document standard operating procedures
• Suggest and make recommendations for process improvements
• Responsibilities and essential functions may be modified at any time depending on business needs

Requirements

• Diploma or university degree
• A minimum of 2-3 years in accounts payable
• Strong organizational skills with an ability to prioritize tasks with a keen attention to detail
• Strong communication skills – written and oral
• A passion for accounts payable
• Priority will be given to individuals coming with real estate and/or construction experience

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 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.