Finance

Senior Project Accountant (18-month contract)

Mississauga, ON (Hybrid- 3 days in office)

$77,000-$85,000 salary + health/ dental and 3 weeks vacation

Our client is a highly accomplished residential builder/ developer based in Mississauga with extensive experience throughout Canada and the US.

Looking for a temporary Senior Project Accountant to play a pivotal role in overseeing accounting, taxation, cash flow, and reporting for assigned projects. Collaborating closely with an Accounts Payable Administrator dedicated to their projects, the Senior Project Accountant ensures accuracy and compliance.

This role is a fixed-term contract lasting 18 months, and is set to begin in October 2023. The business operates a hybrid work environment with 3 days per week in-office. 

Responsibilities:

• Compiling annual and interim financial statements
• Creating budgets and generating monthly/quarterly cash flow statements
• Crafting monthly investor reports for all assigned projects
• Managing external and government audit requirements for allocated projects
• Reconciling project-related accounts
• Balancing and recording Statement of Adjustments and unit closings
• Reviewing and preparing GST/HST returns, as well as establishing new HST accounts
• Posting accounting entries like bank deposits, HST filings, bank reconciliations, distributions, etc.
• Participating in regular meetings with site and project teams to monitor project changes and progress
• Cultivating and implementing best practices within the team

Requirements: 

• Exceptional interpersonal skills and a collaborative mindset
• Meticulous attention to detail
• Experience thriving in a high-volume, deadline-oriented environment
• Adaptability and the ability to prioritize in the face of shifting demands
• A genuine dedication to delivering exceptional customer service

Key qualifications/skills:

• A university degree and an accounting designation (CPA/ in the process would be considered an asset)
• 5+ years relevant experience in Accounting
• Asset: Background in real estate and construction industries
• Proficiency in Microsoft Office, particularly Excel
• Outstanding interpersonal and communication aptitude, along with high emotional intelligence
• Strong teamwork skills
• Robust technical and analytical capabilities

How to Apply?

If you are interested in learning more about this exciting opportunity, please send your resume to eric@winchesters.ca. Due to the high volume of applications, only those chosen for the interview will be contacted.

Financial Analyst (Real Estate)

North York (In-office)

$65,000-$80,000 salary + bonus

This well respected developer is looking to fill an exciting position for a strong analyst to cover underwriting, asset management, and investor reporting. The company is looking for someone who wants to grow so apply now.

Responsibilities:

• Complete sensitivity and scenario analysis’  and assisting with new real estate opportunities
• Develop cash flow projections
• Contribute to the overall process of capital investment decisions
• Develop and grow strong relationships with internal/external stakeholders

• Monitor and identify risks while presenting to senior management
• Provide insight and support in all standard processes and procedures
• Monitor and ensure consistency throughout all projects
• Analyze and review development/construction schedules
• Familiarize with project financing arrangements
• Provide assistance in look-back analysis

Skills/ Work Experience:

• Bachelor’s degree in business/commerce, real estate or other related fields
• Strong communication skills both written and oral
• Ability to stay organized in a constantly changing work environment
• Strong financial and analytical skills
• General knowledge of the Real Estate industry in relation to finance and accounting principles
• Proficiency in Powerpoint, Word, and Excel required

How to Apply

We would like to thank all applicants for your interest in working as part of the team. Only those applicants selected to move forward in the recruitment process will be contacted. If you’re interested, email your resume to elan@winchesters.ca

Senior Project Accountant
Downtown Toronto, Ontario
Competitive base plus bonus, 3 weeks of vacation and benefits

Posted on April 29, 2022.

Our client is a growing company with their head office downtown Toronto. The CFO is looking for a Senior Project Accountant to join in a newly created role due on growth of the organization. This is a great position for someone looking for a stable company that has a very positive work environment. The Senior Project Accountant will handle the preparation of monthly cash calls and draws, maintain multiple project budgets, and full cycle accounting for the various projects under the development team.

The plan is to have this individual eventually move up to oversee the whole development accounting function of the group of companies as a controller. If you’re looking for a role where you will be exposed to more than just accounting, apply now!

Responsibilities:
• Prepare and process cash calls, assist in cash flow analysis.
• Record, and reconcile project capital to ensure sufficient project liquidity, and prepare bank reconciliations.
• Prepare monthly construction draw packages and assess costs incurred to budget.
• Record journal entries, maintain and reconcile general ledger, and job cost reports.
• Work with AP to ensure accurate and timely weekly accounts payable processing for projects.
• Maintain a working paper file for each project including support for GL balances and actual vs budget analysis.
• Perform timely month-end close and ensure all pertinent transactions, including setting up monthly accruals, are recorded.
• Assist in preparation of quarterly financial reporting packages to senior management and external business partners.
• Provide support to the audit and tax teams, respond to queries.
• Support team members and other departments as required.

Requirements:
• Post-secondary education with a specialty in Accounting, Business or Finance
• Minimum of 3 years of experience in project accounting
• Highly proficient in Microsoft Word, Excel and PowerPoint
• Highly driven, committed, organized and flexible with the ability to meet challenging deadlines and multiple priorities
• Self-motivated with excellent attention to detail

If you would like to find out more about the role, please email Elan Van Wyck (elan@winchesters.ca) with your resume. 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 – Real Estate Investments and Asset Management

$120,000-$140,000 base plus 20%-25% bonus

Toronto, Ontario (hybrid 3 days a week in the office)

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 projects and acquisitions. Our client is seeking a senior analyst or associate who ideally has built initial real estate private equity analysis over the past few years. In addition to acquisitions and asset management, you will engage in fundraising, dela structuring, and corporate initiatives. The company is currently focused on multi-family assets and residential/commercial development. If this new challenge sounds like a fit for you, do not hesitate to apply.

Responsibilities:

• Use existing skills to prepare financial models and analysis as part of investment selection and review, financial structuring, as well as overall corporate financial management.
• Prepare presentations for both internal management decision making and external client and investor engagement.
• Evaluate properties/investments for potential development directly with the management team.
• Track and understand ongoing progress of projects, liaising with internal and external parties to ensure project delivery timelines are met.
• Liaison with internal team members in development and accounting from an asset management perspective to accurately monitor existing holdings and developments, and report both internally and to external investors.
• Establish, maintain, and engage with industry relationships including advisors, lenders, brokers, legal counsel, planners, and accountants.

Requirements:

• Must have at least two (2) or more years’ experience in investment banking, real estate investment and/or private equity
• Undergraduate degree in finance, business or accounting
• Advanced, high-end MS Office and EXCEL skills
• Ability to bring institutional quality organization, professionalism and attention to detail to an entrepreneurial environment
• Possess excellent communication (both written and verbal) and presentation skills

If you are interested in learning more about this opportunity, please send your resume to elan@winchesters.ca. Unfortunately, due to the high volume of applicants, only those individuals chosen for interview will be contacted.

Senior Financial Analyst 
Downtown Toronto, ON
$80,000-$90,000 base plus bonus and company paid benefits 

Posted April 29,2022.

 Our client is a Toronto-based real estate company looking to find a Senior Financial Analyst who will work on 50% accounting duties and 50% finance and operational duties. This is a brand-new position due to growth of the business and team. The Senior Financial Analyst will report to the Senior Manager of Finance and will be responsible for dealing with construction progress draws on a monthly basis.

This individual will work with multiple high-profile projects in Toronto in various stages of construction, while coordinating with the accounting department to ensure that packages are prepared accurately and in a timely manner. You will assist with monthly accounting procedures, site office organization and operational support. An exciting part of this role will be assisting with the development and maintenance of new EXCEL-based tools to support general construction management.

Responsibilities:

• Utilize budget tools and other tools to aid with positive budget outcomes for projects.
• Maintain strong cost accounting controls through budget transfers, change orders, awards, settlements, etc.
• Develop and maintain excellent relationships with each project’s site staff, the accounting department and various trade billing departments.
• Analyze trends and historical data for budgeting / operational purposes.
• Assist with developing site office operating procedures and protocols, specific to accounting and document control.
• Assist with approvals workflow to ensure timely review / approval of documents.
• Assist with preparation of month-end reports and reconciliations for construction management subsidiary companies.
• Conduct a detailed review of invoices each month with the Project Manager and receive their sign off.
• Coordinate and work closely with the accounting department to ensure invoices are processed and cheques cut in time for monthly budget meeting.
• Process invoices to ensure all necessary paperwork is received and all internal processes are followed.
• Attend all monthly progress draw and cheque signing meetings
• If requested, draft memos and covering letters
• This position is to be involved in the project closeout process, obtaining close out documentation from the trades and producing close out forms for review and sign off.
• Cost sharing rules – Certain projects will require you to become an expert on cost sharing rules by understanding which trades are affected and how they are applied. You will ensure all cost sharing rules are applied correctly and reflected in the schedule of values on the trade invoices.

Requirements:

• CPA designation
• Current or previous audit firm experience
• Highly proficient in Microsoft Excel
• Proficient in Microsoft Word, Outlook and PowerPoint, with good typing speed
• Enjoys a fast-paced environment and is highly professional, with excellent attention to detail
• Flexibility to work outside of core hours when business needs dictate.
• Open and adaptable to providing all types of support to the office and fellow team members as required
• Strong communication skills with an ability to present information in a clear manner
• Self-starter attitude with an ability to work in a small office environment without constant guidance and direction
• Strong organizational and planning skills with prioritizing and multi-tasking abilities to meet time sensitive deadlines

If you would like to find out more about the role, please email Elan Van Wyck (elan@winchesters.ca) with your resume. 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.

Property Accountant 

Downtown, Toronto (4 days in office)

$70,000-$85,000 dependant on experience 

This well recognized and highly respected property management organization is looking for a new candidate with prior experience in the real estate industry to fill an exiting new position as Property Accountant. Located in downtown Toronto, this role could be an excellent fit if you posses the following;

Responsibilities:

• Ability to operate and organize property accounting records for designated commercial portfolio
• Produce monthly financial statements
• Conduct all capital cost analysis
• Compose annual Common Area Maintenance (CAM)
• Monitor amortization schedules and prepare year-end audit paper files
• Contribute to budget preparations
• Produce monthly HST reconciliation
• Overlook cashflow for assigned properties
• Perform other job related tasks as assigned

Requirements:

• Degree or diploma in Accounting or other related fields
• CPA or currently working towards the designation of one
• 2+ years experience in property accounting or an public accounting firm
• Strong computer skills and highly efficient in MS especially Excel and Word
• Knowledge of property management financial accounting systems and software
• Excellent analytical/ organization skills
• Experience with Yardi is considered an asset

How to Apply

We would like to thank all applicants for your interest in working as part of the team. Only those selected to move forward in the recruitment process will be contacted. If you’re interested, please email your resume to laikyn@winchesters.ca

Development Accountant

North York, Ontario – hybrid 3 days per week in-office

$75,000 – $95,000 base plus bonus, 3 weeks’ vacation, and excellent benefits

Our client is a well-established real estate organization looking to hire a development accountant in this new position for the department. This is an excellent role for an accountant who has worked in development or construction and would like to work for a lovely positive company that really values its employees and has next to no turnover. This Development Accountant will form part of the company’s accounting and finance group, reporting directly to the Controller while working alongside a manager of accounting and other team members. The role is a key member of the accounting team and will be the finance lead on multiple significant low-rise land developments.

Responsibilities:

• Preparing, maintaining, and evaluating accounts for portfolio projects from inception to completion and from a costing and revenue perspective
• Preparing and submitting construction draws to the banks
• Preparing/reviewing, reconciling, and filing GST/HST return on a monthly basis
• Preparing/reviewing monthly bank reconciliations
• Reviewing, reconciling, and recording purchaser’s deposits
• Issuing cheques for GST/HST, deposit release, VTB payments
• Working closely with Construction and Land Development team throughout the life cycle of the projects
• Approving, reconciling, and posting statements of adjustments for residential unit sales
• Ensuring compliance with company’s policies, processes, and risk management practices
• Oversee all transactions related to general ledger, accounts payable/receivable
• Cash management and forecasting
• Liaise with internal/external stakeholders from various disciplines such as Development and Planning, Sales and Marketing, Construction, Engineering, Legal, Finance, Property Management, etc. to understand budgets including costs to-date and costs to-complete.
• Provide support in the creation and implementation of standard processes and procedures as they relate to monitoring and reporting for internal and external reporting
• Ensure all Leasing income, Sales revenue, Operating expenses, and Construction costs are accurately and adequately reflected in the general ledger for use in reports
• Prepare, and where necessary create, accounting reports based on data in the general ledger for use by other team members in Development, Construction and Finance as well as for Senior Management
• Monitor financial performance of Projects in Development and advise of variances and their impact to budget
• Become familiar with project financing arrangements for existing Projects in Development and assist in the preparation of ongoing reporting to lenders

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
• Knowledge of accounting principles as applied to real estate development, project financing and asset management
• 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. Send your resume to elan@winchesters.ca Unfortunately, due to the high volume of applicants, only those individuals chosen for interview will be contacted.

Financial Controller
Downtown Toronto, ON
$110,000-$130,000 Base Plus Discretionary Bonus, Dental Benefits and 3 Weeks Vacation 

Our client is a leading professional services firm located in downtown Toronto. Consistently ranked as Canada’s top culture and best managed companies, the organization is excited to bring someone into this newly created role.

We are seeking an energetic and enthusiastic individual to join the Finance team as the new Financial Controller. This is an excellent hands-on leadership role that will have you working on different areas/functions of the accounting/finance department.

The ideal candidate will have excellent verbal and written communication skills, top supervisory skills, very good organizational skills, and be able to multi-task. This is a full-time position. Working hours are from Monday to Friday, 9:00 a.m. – 6:00 p.m. with summer hours and holiday closure.

Key responsibilities:

• Full financial responsibility for month-end, quarter-end and year-end financial reporting
• Preparation of monthly financial reporting package for Canada and the US
• Financial planning including annual budgeting, forecasting and variance analysis
• Tax and statutory compliance and filings
• Revenue recognition for all active projects
• Oversee and develop best practices for AP, AR and GL functions
• Manage and mentor accounting staff
• Annual audit
• Process improvement and establish adequate internal controls

Required background:

• A degree in accounting, business or related field
• CPA designation required
• Minimum seven years of professional accounting experience required
• Advance EXCEL and computer skills
• Requires knowledge of local statutory financial reporting and ideally local taxes
• Some experience in working with multi-currency, multi-entity organizations
• Ability to excel in a team environment and have the confidence to manage people effectively
• Excellent communication and interpersonal skills
• “Hands On” work style

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. Kindly send resume to elan@winchesters.ca

Senior Accountant
Remote – British Colombia, Canada
$65,000-$85,000 base plus discretionary bonus

About The Position

Looking for a Senior Accountant to help expand our client’s team of professionals in a fast-growing consulting practice that works with growing companies in the BC market.

The team is fully remote and will not change this set-up. This newly created role will handle an array of accounting and financial analysis tasks ranging from helping the clients migrate to new systems to booking journal entries and preparing financials. This is truly a full cycle accounting advisory role.

Responsibilities:

• Interacting with upper management, employees, customers, and vendors of clients on a daily basis
• Overseeing the maintenance of books of account, including but not limited to reviewing reconciliations, processing accounts payable, managing accounts receivable and posting journal entries
• Assisting in the preparation of monthly financial statements, budget to actuals, financial metrics, and variance analysis reports for management and other key internal stakeholders
• Working closely with the controller and CFO to help build and manage key processes and controls for emerging companies
• Help implement new software and ERP systems
• Working with clients to help process payroll and other HR related requests
• Preparing sales tax filings and coordinating with external accountants and CRA as required
• Operational analysis and other special projects

Requirements:

• 2-5 years of client experience, preferably in an accounting or bookkeeping capacity
• Attention to detail, able to work independently and meet deadlines with minimal supervision
• Self-starter with desire to work in tech/start-up scene preferred
• Excellent written and verbal communication skills – and ability to work well in a team environment
• Technical affluence with the ability to work in a dynamic environment and learn new systems/tools

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

Manager of Project Accounting
Toronto Ontario (Hybrid)
$100,000-$110,000 ( Plus 15 % bonus, benefits and vacation) 

Our client is a growing real estate company looking for a Manager of Project Accounting to join their Toronto team. This is a new position, offering someone who has either been working in development accounting or financial planning and analysis, the opportunity to carve out a new position in the company.

The Manager of Project Accounting will focus on project budgeting, planning, and dealing with internal/external stakeholders to ensure information flows well between accounting/finance and operations. The candidate will have the flexibility to work remotely, while spending some days at the client’s offices in Midtown Toronto.

Our client offers a competitive compensation package with excellent benefits and wellness programs. As an industry leader in real estate, the Project Accounting Manager will enjoy being a part of a progressive, world-class work environment.

Responsibilities

• Oversee and coordinate processes to prepare consolidated project level budgets, business plans while collaborating with the various project delivery groups to ensure reliable budgets and forecasts
• Drive insightful analysis and financial viability through modelling and scenario analysis to enable strategic and operational decision-making
• Financial planning, including monthly/quarterly forecasts and variance analysis, update project budgets on key achieving key project milestones in conjunction with the project delivery groups
• Work closely with the Director of Finance to update/manage the underwritten proformas for projects under development and assist in creating/implementing change management strategies that maximize employee adoption and usage and minimize resistance
• Analyze project financials and margins during the development & construction stage, identify risks and trends of project budgets aligned to product delivery scope and milestones
• Prepare project cash flow models encompassing actual performance till date and forecast to complete rolling up to portfolio level performance
• From time to time support the full-cycle accounting processes for the projects under management and ensure statutory compliance
• Maintain constructive relationships with external partners, and liaise with external cost consultants and lenders
• Review cash activity such as capital calls, loan-drawdowns, distributions and cash reconciliations
• Monitor industry best-practices, market trends, emerging processes and technologies, sharing these learnings internally
• Actively encourage inter- and cross-functional collaboration, workflows, and effectiveness
• Mentor and lead colleagues, and deepen the personal understanding of the company’s strategy, and help colleagues do the same on an ongoing basis

Qualifications

• Bachelor’s degree in accounting or business administration; with a professional accounting designation – CPA (CA or CMA)
• Minimum 3-5 years of relevant work experience
• Previous experience in real estate development is a must have
• Strong skills and experience with Excel (i.e. modelling, data analysis, presentation)
• Superb interpersonal skills, with abilities to clearly communicate technical concepts and best practices
• Strong critical thinking skills with good attention to detail and an ability to thrive in a fast-paced environment

How to Apply

If you would like to find out more about the role, please apply now or visit our website to apply. 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.