Fund Accountant

Dream Asset Management Corporation; Toronto; On-site; CAD 65,000 - 75,000; Full time

Benefits offered by this job

Bonus eligibility

Comprehensive benefits package

Paid vacation and personal days

Professional development support

Team-building and social events

Job summary

Dream Unlimited is seeking a Fund Accountant in Toronto to manage the full accounting cycle for a private real estate investment fund and related management companies. The role emphasizes US GAAP and ASPE reporting, with collaboration across auditors and lenders.

We value a proactive self-starter with strong Excel skills, 2+ years in fund accounting, and the ability to build relationships across teams. Competitive salary and comprehensive benefits are offered in a fast-paced, collaborative

Qualifications

• 2+ years of experience in fund accounting or private real estate funds.
• Proficiency in Microsoft Excel and MS Office.
• JD Edwards experience is an asset.
• Self-motivated with initiative and accountability.
• Strong prioritization and multitasking skills.
• Effective written and verbal communication; strong relationship building.

Responsibilities

• Prepare and process capital calls and cash flow analyses; maintain audit-compliant cash transaction backups and bank reconciliations.
• Record fund-level and management company journal entries in the in-house system.
• Consolidate property/development accounting reports; calculate fees and investor allocations; prepare quarterly shadow reports.

Skills

Fund accounting

MS Excel

Self-starter

Prioritization

Communication

Teamwork

Tools

JD Edwards

Job description

Dream is looking for a Fund Accountant
We are always looking for the best and brightest to join our thriving community. Dream’s Fund Accounting team is currently looking for a Fund Accountant to take charge of the full accounting cycle and ad hoc projects for our private real estate investment fund and its related management companies.

Who are you?

There’s a lot happening at Dream, and it’s happening fast. Are you passionate, dedicated, and highly analytical? Do you love working with people? If so, read on. We want to hear from you.

You are not afraid to think outside the box to find the best approach to achieve results. You are proactive, leading by example rather than sitting back. You consider the bigger picture when focusing on new initiatives and you thrive on driving improvement and efficiency.

We want to bring on someone who is eager to learn, work hard, and have fun. In other words, we want you to fit in here. This is an opportunity for you to take on responsibilities, build on your already strong skill set and help your team achieve its goals, all in a work environment that is fast-paced, dynamic and enjoyable.

What will you do?

Below are some of the primary responsibilities you will be taking on in this role. There will be more, but we can discuss those in person.

• Prepare and process capital calls, cash flow analysis to ensure sufficient weekly fund liquidity, maintain audit-compliant cash transactions back-ups and prepare bank reconciliations;
• Maintain fund-level and management companies journal entries in the in-house accounting system
• Consolidate property/development accounting reports, calculate management fees, performance fees and investor allocations, prepare the quarterly shadow reports, review 3 rd party administrator net asset value packages.
• Prepare quarterly and annual financial statements in accordance with US GAAP and ASPE, and prepare quarterly due diligence questionnaires
• Prepare working papers documenting ratio and fluctuation analysis and supporting calculations needed in the quarterly portfolio management reports.
• Work closely with external auditors during interim and annual internal controls and financial audits.
• Prepare compliance working papers to lenders.
• Support team members and other departments as required.
• Training will be provided.

What type of experience should you have?

These are only some of the things we’d like you to bring to the table. We can cover the rest when we meet.

• 2 years of experience in Fund Accounting
• Highly proficient in Microsoft Office, especially Microsoft Excel.
• Experience with JD Edwards an asset.
• A self-starter. Ability to anticipate needs, take initiative, plan ahead, commit and deliver within the set time frames. Ambition to learn and grow professionally.
• Strong skills in task-prioritization and multitasking. Being able to switch gears among various ongoing tasks, while understanding the priorities.
• Strong people skills. A team player with a proven ability to build relationships at all levels of an organization as well as with external parties such as vendors, auditors, and business partners.
• Strong communication skills. Demonstrated in written and verbal reports and meeting participation.

Who are we?

Dream Unlimited is an award-winning Canadian real estate investment, development and management company with approximately $28 billion of assets under management in North America and Europe. Our scope of business includes asset management and management services for both publicly listed real estate as well as private capital.

Dream has grown substantially since its formation in 1996, becoming one of Canada’s leading real estate companies with a diverse workforce in North America and Europe. We are one of Canada’s largest developers, building communities for people to live in; developing land, homes, condominiums, retail centers and renewable power projects. We also build communities to work in, bringing office, industrial and retail spaces to life. We invest in and manage properties, enriching them for the people who work here and the greater community.

Our entrepreneurial spirit drives us to seize unconventional opportunities and approach every project with passion and purpose. At Dream, we care about our employees, provide exciting work opportunities, open work environments, and fun events, fostering an atmosphere where continuous learning and innovation thrive. Join us and make a difference.

Total Rewards @Dream

This is a regular, full-time position with a base salary range of $65,000–$75,000. In addition to base salary, the role is eligible for a performance-based bonus and a comprehensive benefits package, which includes paid vacation and personal days, flexible benefits, mental health resources, access to perks and discounts, professional development support, and team-building and social events.

Compensation is determined based on several factors, including relevant experience, total years of experience, industry experience, education, and professional designations. We recognize that exceptional talent doesn’t always fit neatly into a bracket. Final compensation will be tailored to your specific experience, skills and the unique value you bring to the table. If your qualifications exceed the scope of this role, we may be open to adjusting the mandate – and the salary – to reflect that expertise.

We look forward to hearing from you, but please note; due to the high volume of applications, only candidates who qualify will be contacted. This position is for an existing vacancy.

Dream Unlimited is committed to workplace diversity and provides accommodations to applicants with disabilities throughout our hiring process. If you require accommodation through any aspect our process, please let us know and we will work with you to meet your needs. Our recruitment process does not include the use of Artificial Intelligence (AI).