Intermediate Accountant

Romspen Investment Corporation; Toronto; On-site; CAD 60,000 - 80,000; Full time

Job summary

A real estate financing firm in Toronto is seeking an Intermediate Accountant on a maternity leave contract. The candidate will manage financial reporting for development properties and oversee accounts payable. Applicants should have a post-secondary degree in Finance or Accounting, with at least three years of progressive accounting experience and preferably experience in real estate accounting. Strong Excel skills and the ability to work in a fast-paced environment are essential.

Qualifications

• Minimum three years of progressive accounting experience.
• Experience in real estate accounting is an asset.
• Ability to understand the big picture and details.

Responsibilities

• Prepare financial statements and reports for portfolio companies.
• Conduct month-end, quarter-end, and year-end procedures.
• Manage accounts payable, including invoice processing and authorization.

Skills

Financial reporting

Accounts payable management

Strong Excel proficiency

Communication skills

Education

Post-secondary degree in Finance, Accounting, or Business Administration

CPA designation or working towards it

Tools

Yardi systems

Excel

Outlook

Job description

Romspen is a leading Canadian non-bank mortgage lender specializing in commercial and industrial real estate mortgages. Our investments are primarily composed of commercial and industrial first mortgages across Canada and the United States. We offer customized mortgage solutions for term, bridge, and construction financing. Our current real estate mortgage portfolio totals $3.1 billion, and over the past 25 years, we have invested over $8 billion in more than 1,000 real estate mortgages, consistently earning strong cash yields for our investors.

Reporting to the Controller, Foreclosure / Acquired Properties, the Intermediate Accountant handles the financial reporting for a portfolio of development properties, bank reconciliations, and accounts payable functions. They ensure timely and accurate financial reporting for their assigned properties and oversee daily accounting and financial operations. This role operates in a professional, fast-paced environment, meeting reporting deadlines amidst ongoing funding requirements and industry changes.

This is a maternity leave contract role, expected to last at least one year.

Responsibilities

1. Prepare financial statements and reports for portfolio companies.
2. Conduct month-end, quarter-end, and year-end procedures.
3. Prepare financial statements for US and Canadian tax filings.
4. Assist with the annual audit process.
5. File HST returns.
6. Support other finance team members as needed.
7. Manage accounts payable, including invoice processing and authorization.
8. Perform cheque runs and EFT processing.
9. Communicate with vendors and handle inquiries.
10. Track expenses and process expense reports.
11. Upload data from third parties into the general ledger.
12. Prepare and seek approval for property advance requests.
13. Handle wire payments and bank account management, including reconciliations.
14. Perform other duties as assigned.

Qualifications

1. Minimum three years of progressive accounting experience.
2. Post-secondary degree in Finance, Accounting, or Business Administration.
3. CPA designation or working towards it is preferred.
4. Experience in real estate accounting is an asset.
5. Yardi systems experience, especially AP and Procure-to-Pay modules.
6. Strong judgment and prioritization skills.
7. Ability to understand the big picture and details.
8. Willingness to learn about commercial real estate and financial operations.
9. Excellent interpersonal and communication skills.
10. Proficiency in Excel, Word, Outlook, and accounting systems.