Finance

Corporate AP/AR Specialist
Located Mid-Toronto (4 days/week in office)
Salary between $60k – $65k plus discretionary bonus and benefits

Our real estate client is looking for a Corporate AP/AR Specialist to join their dynamic team to support with the day-to-day AP/AR functions and to contribute to the overall success of the team. 

Responsibilities:

• Match invoices to backup documents (e.g., pay orders, quotes, receipts, etc. and obtain proper approvals for invoices
• Monitor corporate invoice inbox and communicate with vendors in a professional manner
• Address any invoice discrepancies with the vendors 
• Reconcile vendor statements/ledgers to AP subledgers, research and correct discrepancies with analysts
• Process invoices into Yardi using the scanner/labeler. 
• Manage credit card reconciliations process with card users and prepare chargeback invoices as required
• Prepare fee billings for applicable entities in a timely manner.
• Process payments and cheque batches for controller review in a timely manner 
• Process payments and cheque batches for controller review in a timely manner
• Prepare deposits for bank using deposit scanner and prepare manual deposits as necessary. 
• Maintain files and documentation thoroughly and accurately 
• Assist with any inquiry by pulling copy of invoices as needed.
• Ensure all banks are reconciled on a weekly basis by clearing cheques, deposits and fees. Communicate when entries are missing
• Centralize all HST filings and payments for corporate entities through the online tax filing system monthly
• Direct chargebacks to other entities in the Group for payments processed directly by corporate.
• Liaise/coordinate with other inter-company AP contacts and vendors as required, and manage reconciliation processes for the Group
• Adhoc reports as required

Qualifications

• College degree in related field
• A minimum of 3 years experiences in accounts payable/ receivable functions.
• Experience using Yardi voyager
• Superior interpersonal and problem-solving skills, with a customer service focus. Portrays a
• professional image
• Detail-oriented, process-driven, and take responsibility for your work

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

Senior Analyst – Real Estate Development
Toronto, ON – Hybrid
$80,000-$110,000 Base Plus Bonus and Great Benefits

Our client is a very active condo and rental development company. Reporting to the VP of Investments and Asset Management, this key member of the team will play a crucial role in evaluating potential investment opportunities and providing insightful analysis to support informed decision-making. This position involves project modelling, analysis, tracking, thorough industry research, analyzing financial data, assessing market trends to identify promising investment prospects and reporting on all aspects of the development process to the Management Team. This will also include asset management duties for a portfolio of development projects in the GTA.

Responsibilities:

• Gather and analyze financial statements, market data, industry reports, and other relevant information to assess investment viability in real estate development acquisitions
• Perform sensitivity analyses and scenario planning to evaluate the impact of market fluctuations and economic variables on investment performance
• Underwrite mid- and high-rise multifamily rental and condo development opportunities in the GTA
• Perform due diligence on potential investment targets, including evaluating financial performance, competitive positioning, and growth potential
• Financial modelling to forecast project budgets, equity requirements, and partnership returns for a portfolio of rental and condominium projects
• Collaborate with Development, Construction, and Finance teams in strategic planning, regulatory research, and budget monitoring throughout the project lifecycle
• Assist in capital raising/investor relations efforts through the preparation of investment materials, scenario analyses, investment reporting, and other ad hoc tasks as required
• Lead monthly investment accounting reconciliations, equity/debt draw requests and cost monitor budget reviews to ensure timely and effective project management
• Performed extensive financial modeling including cash flow projections, detailed development and rental proformas, DCF’s, capital structure optimizations, and equity waterfalls
• Prepare investment memos and reports outlining findings, analysis, and recommendations for investment opportunities.

Requirements:

• Minimum of 1-3 years of relevant experience with real estate finance, or development management
• Experience conducting financial analysis for potential land/real estate acquisitions using advanced models in MS-Excel
• Experience developing and maintaining budgets, project proformas, cash flow projections and financial reports
• Strong understanding of development financing (typical financing structures at various stages of development) and land economics.

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

Vice President Finance
North York, ON – Onsite
$180,000-$200,000 Base Plus Competitive Bonus and Great Benefits

 Due to the growth, our client is currently looking for a VP Finance to join the group in their North York office. Backed by private equity, this company is poised for serious growth provincially and nationally, eventually internationally. Their industry is one of Canada’s fastest growing sectors and for the right candidate, this position will catapult your career to become the CFO within the next few years. There currently is no CFO and as VP Finance, you will be number one for all finance/accounting related responsibilities. Reporting directly to the CEO, this new role has a wide mandate which requires an adaptable individual with a desire to create positive change, build and mentor teams, and grow the business in accordance with the company’s growth strategy.

The VP Finance will have primary responsibility for functions including corporate finance, accounting, treasury and FP&A as well as implementing and managing an internal control framework in line with the company’s strategic growth aspirations. This will include direct responsibility for: accounting, cash flow management, financial analysis, reporting, forecasting and planning, risk management, tax, controls and compliance, etc.

The company has posted positive growth year-on-year for the past eight years and over the next 5 years the CEO is looking to double the revenue through organic growth and by opening new sites. This position is not a 9-5 role, but will offer the successful candidate a true seat at the table with the ownership and will eventually offer an excellent LTIP with excellent growth potential.

Responsibilities:

• Work with the CEO to develop and implement a financial strategy and overall strategic plan for the company
• Serve as a leader in the organization (Supervisor, Motivator and Mentor)
• Review all required reporting for Senior Management while liaising with external auditors
• Monthly, quarterly and annual management, financial and tax reporting
• Monitor key performance indicators and recommend and implement improvements
• Report financials to the board of directors on a quarterly basis
• Work closely with legal to support the documentation and review of legal documents, including contracts, agreements, acquisition documents, and other documents
• Review the maintenance of budgets and financial forecasting models
• Maintain and review tax strategy, internal controls and compliance functions
• Develop and maintain relationships with relevant external service providers (Banks, External Auditors, CRA and Consultants)

Requirements:

• 10+ years of experience
• Bachelor’s degree in business or a related field along with CPA certification
• Ideally previous experience in an audit firm
• Proven track record of creating/improving accounting functions and building accounting systems and processes
• Strategic thinker capable of coming up with financial solutions that are supportive of the company’s strategy
• Demonstrated success in establishing cooperative working relationships both internally and externally
• Strong verbal and written communication skills

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

Senior Corporate Accountant 
Downtown Toronto, Hybrid (3 Days a Week in Office)
$95,000 – $110,000 Base +  Bonus 

Our client, a fast-growing real estate developer, is looking for a Senior Corporate Accountant to join their team. They are looking for someone who thrives in a changing environment, has a willingness to learn and who can think on their feet. You will regularly be dealing with JV partners and external stakeholders so strong communication skills and a mature personality will be required. They are offering a very competitive salary with great benefits and growth opportunities. Bonus points if you have experience with investor reporting.

Responsibilities:

• Responsible for day-to-day accounting for investment activities for entities withing the organizational structure
• Monthly, quarterly and yearly financial reporting for investors including reviewing trial balances, preparing adjusting journal entries and working paper files and preparing financial statements required for internal and external purposes, compliance and tax filings
• Oversee legal documentation internal filing to ensure completeness and legal organizational chart is updated
• Prepare analytical review of performance of consolidated results to communicate with investors
• Organize and maintain reporting deadlines across all entities across the company
• Ensure compliance for tax, debt and other commitments are met for various entities
• Work with various teams to ensure deadlines and results that consolidate into corporate and investor financials are communicated
• Communicate with third parties on any inquiries about financial results
• Maintain strong stakeholder relationships by understanding needs and upholding the company values in providing value to them

Requirements:

• CPA designation or pursuing a CPA designation
• Bachelors in Finance or Accounting degree is required
• Corporate accounting experience required with financial statement preparation
• Advanced Excel skills
• Sound analytical and quantitative skills, rigorous attention to detail
• Entrepreneurial spirit, driven to create sound and efficient procedures
• Excellent verbal and written communication skills, listening skills and organizational skills
• Ability to multi-task, prioritize and follow written and verbal instructions

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

Senior Project Accountant
Toronto, ON
$75,000 – $95,000 Base Plus Bonus, Excellent Benefits 

About the Job

Mid-sized architecture and design firm, located downtown Toronto with beautiful offices.

Our industry-leading client provides superior professional services and this role is pivotal to the operations of the Toronto office. The senior project accountant will be responsible for the accurate and timely general accounting of multiple or complex projects.

Responsibilities:

• Prepare monthly invoices, budgets and project management reports.
• Provide accurate and timely accounting, reporting and project information for assigned projects.
• Set up and maintain projects on an in-house accounting system according to contract terms.
• Track and input budget data for assigned projects.
• Prepare, code and input project invoices.
• Answer inquiries from staff, vendors or clients, and communicate financial information to project managers.
• Maintain accounting files.
• Make calls to clients to follow up on accounts receivable.
• Input and post consultant invoices, communicate with consultants and organize their payments.
• Review project contracts and additional service requests to understand the financial requirements on each project.
• Analyze project cost reports and meet frequently with the Business Manager and Project Managers to review status of projects for invoicing, profitability, earnings, costs, and cash flow.
• Understand how projects earn revenue in the accounting system and assist the Business Manager monthly in analyzing and recording monthly project earnings.
• Work independently to research and resolve financial issues.
• May provide accounting support to other staff as needed.
• May educate and/or guide non-financial staff on accounting procedures.
• Take personal responsibility for fostering a green workplace through sustainable work practices.

Requirements:

• Bachelor’s degree in accounting and 3+ years accounting experience; or an equivalent of education and experience required.
• Accounting experience in a project-based business preferred.
• 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 visit our website or email resume to [email protected] to apply now. Unfortunately, due to the high volume of applicants, only those individuals chosen for interview will be contacted.

Manager Fund Accounting and Reporting
Toronto, Ontario – Hybrid and flexible work environment
$130,000-$145,000 base plus bonus and excellent benefits

With this company being one of the fastest growing real estate companies in Canada you will get experience and insight into the multifaceted operations and execution of high-profile real estate IPP and development projects. The company is looking to build a brand-new fund and will need your help. You will join and be responsible for fund financial reporting for internal and external purposes, full-cycle fund accounting, monitoring and management, related investor calculations and reporting. You will also help support tax and debt compliance across the organization. By the end of the year, you will be able to hire one individual underneath you and really drive change/process improvement within the division.

We are looking for someone who has a strong financial reporting background at either an investment manager or REIT. If this is you, please apply now.

Responsibilities:

• Lead all finance, accounting and financial reporting matters relating to the fund
• Responsible for day-to-day accounting for investment activities for entities within the fund organizational structure
• Monthly, quarterly and yearly financial reporting for investors, including calculating NAV, reviewing trial balances, preparing adjusting journal entries and working paper files and preparing financial statements required for internal and external purposes, compliance and tax filings
• Support the creation of procedures and internal standards for Investor and fund reporting
• Maintain strong stakeholder relationships by understanding needs and upholding the company’s values in providing value to them
• Prepare analytical review of performance of consolidated results to communicate with investors in collaboration with Investor Relations
• Communicate with investors on attribution and other inquiries about fund financial results in collaboration with Investor Relations
• Organize and maintain reporting deadlines across all fund entities within the company’s ecosystem
• Oversee legal documentation internal filing to ensure completeness and legal organizational chart is updated
• Manage compliance for tax, debt and other commitments for all fund various entities
• Work with various teams to manage deadlines relating to results that consolidate into fund financials and investor reports
• Over time, help to recruit, train and develop additional staff within the fund / portfolio pillar of the Accounting and Operations team

Requirements:

• CPA designation
• Bachelor’s degree in Commerce, Business Administration, Finance, or Accounting
• A minimum of 3 years of fund or REIT accounting experience, including financial statement preparation and NAV calculations with IFRS experience preferred
• Commercial Real Estate experience
• Sound analytical and quantitative skills, rigorous attention to detail
• Entrepreneurial spirit, driven to create sound and efficient procedures that help build and scale the organization
• Excellent oral and written communication skills, listening skills and organizational skills

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

VP Finance
Downtown Toronto, ON – Will Begin In Office and Move to Hybrid After Several Months
$130,000 – $150,000 Base Plus a $50,000 Target Bonus, Excellent Benefits & Vacation

Our client is a professional services firm that offers accurate, effective accounting and finance services at a reasonable cost, providing their clients the peace of mind in order to focus on core matters within their business. As VP Finance you will help manage and offer services which include CFO functions, controllership and bookkeeping, and financial admin. Their clients include small and micro-cap public companies with operations, capital pool companies, Canadian or U.S. publicly listed shell entities with no operations, private entities growing quickly or looking at acquisitions or divestitures, and private entities preparing to go public and private companies staying private.

The VP Finance will act as Chief Financial Officer (CFO) for both internal and external clients. You will provide both operational support and lead the financial reporting function at these organizations. You will supervise the finance unit and will act as the chief financial spokesperson for the organization. The VP Finance will report directly to the President/Chief Executive Officer (CEO) and directly assists on all strategic and tactical matters.

RESPONSIBILITIES

• Participate in the development of new business initiatives by assisting the CEO in identifying potential clients, preparing proposals, and evaluating the cost-effectiveness of proposed service delivery.
• Ensure the implementation of adequate controls and the availability of supporting documentation to facilitate successful independent and governmental audits of all purchases.
• Assist in overseeing clients’ financial activities to ensure compliance with IFRS, US GAAP, and other relevant financial reporting standards, as well as federal, provincial, local, and contractual guidelines. This includes interpreting regulations, disseminating government requirements to relevant personnel, and monitoring compliance.
• Establish and maintain internal control systems to safeguard clients’ financial assets and ensure the preparation of annual financial statements adheres to regulatory requirements.
• Participate in Board and Subcommittee meetings, including presenting financial information to the Audit/Finance Committee.
• Provide training to the Finance Unit staff, including bookkeepers and controllers, to enhance their understanding of financial management.
• Oversee the production of monthly financial reports and statements tailored to the needs of Executive management, the Audit/Finance Committee, and the Board of Directors.
• Stay abreast of advancements in financial accounting and reporting technologies and assist with their implementation when necessary.
• Take on additional responsibilities related to clients’ financial reporting processes and internal matters as needed.

Qualifications

• 10-12+ years of professional experience, including experience with public company audits, with preference given to candidates with experience at an audit firm.
• Accounting designation (CPA)
• Demonstrated experience in financial management and accounting, ideally in the North American public company sector and involvement in creation of the financial statements.
• Proven effectiveness leading a team of accounting staff.
• Technologically savvy, with an ability to use systems to create organizational efficiencies.
• Flexible and a self-starter; able to multi-task while also being highly detail-oriented.

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

Director of Finance
Downtown Toronto, ON (hybrid)
Competitive compensation with excellent benefits – commensurate with experience

Our client is a growing Real Estate development and management company in Toronto, ON. They are looking for an experienced director who is coming from real estate development. This position will support the current CFO and will ultimately move up to lead a significant portion of the business. As it stands now, the position will be very hands-on but will oversee a team of five accountants. Individuals with hands-on Yardi experience will be given preference.

Reporting to the CFO, the Director of Finance will be responsible for oversight of all finance, accounting and analysis for a portfolio of real estate development assets. The Director will aid in all corporate accounting, including yearly reviews and tax planning, and reporting for certain legal entities, assist with financings for new and existing assets and be a key liaison with lenders. The majority of this position will be to lead development accounting for certain key projects, including monthly draw process. The role will provide significant exposure to senior executives and help chart the strategic growth for the organization.

Responsibilities:

• Prepare financial statements with notes in accordance with accounting standards on a monthly/quarterly/semi-annual/annual basis as per company requirements.
• Perform cash flow analysis on an individual entity and portfolio basis
• Perform monthly analysis of hospitality portfolio, including benchmarking
• Assist in the preparation of detailed year end working paper files for audit or review purposes.
• Manage and prepare all lender reporting along with internal debt schedules
• Assist with new and existing financings including review, drafting and negotiations of credit agreements and working with legal counsel
• Produce portfolio metrics looking for opportunities for improvement of margins
• Manage banking relationships and assist with wire transfers and cash management
• Assist in preparing budgets and forecast as required
• Assist in reviewing due diligence materials, review of asset purchase & sale agreements for the acquisition of hospitality and real estate assets.
• Lead project accounting and monthly draw process for key projects
• Work with tax consultants and CFO for tax review and planning for entities
• Additional duties and responsibilities as required

Requirements:

• University degree
• Minimum 6 years of experience
• Exposure to financing; due diligence; acquisitions/divestitures, project accounting and year-end financials
• Strong computer skills, specifically in Excel
• Excellent communication and leadership skills

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.