Development Accountant

QuadReal; Toronto; On-site; CAD 65,000 - 80,000; Full time

Job summary

A leading company in real estate investment seeks a Development Accountant in Toronto. The role involves managing financial aspects of development projects, ensuring accurate reporting and compliance. Ideal candidates will have a CPA designation and relevant experience in real estate accounting.

Qualifications

• Minimum 1-2 years accounting experience in a development real estate environment.
• Professional accounting designation (CPA) or equivalent development / corporate accounting experience required.

Responsibilities

• Handle all aspects of accounting for development projects with minimal supervision.
• Prepare monthly financial reports; providing timely and accurate analysis of financial results.

Skills

Analytical Skills

Interpersonal Skills

Education

CPA

Tools

Yardi Voyager

Excel

Microsoft Office

Job description

QuadReal Property Group is a global real estate investment, operating and development company headquartered in Vancouver, British Columbia. Its assets under management total $73.8 billion. From its foundation in Canada as a full-service real estate operating company, QuadReal has expanded its capabilities to invest in equity and debt in both the public and private markets. QuadReal invests directly, via programmatic partnerships and through operating companies in which it holds an ownership interest.

QuadReal seeks to deliver strong investment returns while creating sustainable environments that bring value to the people and communities it serves. Now and for generations to come.

QuadReal : Excellence lives here.

Development Accountant

Based in Toronto, the Development Accountant at QuadReal Property Group is to maintain and document the financial status of commercial, residential and land under development.The successful Development Accountant will take full ownership of assigned development properties, projects and tasks and should be fully proficient in both the technical and non-technical requirements of development accounting.

As a Development Accountant You Will :

Handle all aspects of accounting for development projects with minimal supervision.

Set up and maintain projects in the accounting system’s job cost, including original and revised budgets, costs incurred, costs to complete, committed costs, and projected final costs.

Liaise and work closely with the development teams, including attending project status meetings and providing financial updates, such as cash needs for all projects, including those in the pre-construction phase.

Ensure all invoices are properly coded into the accounting system; and development fees are properly calculated and paidin a timely manner.

Ensure real estate commissions are properly calculated, compliant with internal controls and industry regulations and are paid in a timely manner.

Prepare monthly financial reports; providingtimely and accurate analysis of financial results and operating metrics.

Prepare GST returns, tax compliance tasks and costing and profit reporting and recording for individual residential unit sales

Assist in the design and implementation of internal controls related to development activity.

Professional accounting designation (CPA) or equivalent development / corporate accounting experience required.

Minimum 1-2 years accounting experience in a development real estate environment.

Specialized in computer skills in a range of software including : Yardi Voyager, Excel and Microsoft Office.

Proven experience in understanding Development and Development cycle.

Strong analytical and interpersonal skills.

Don’t have all the above skills? Don’t worry, we still want to hear from you!

QuadReal Property Group will provide reasonable accommodation at any time throughout the hiring process for applicants with disabilities or for those needing job postings in an alternate format. If you require accommodation, please advise the Talent Acquisition team member you are working with and include the following : Job posting #, your name and your preferred method of contact.