Finance & Accounting - Co-op - Toronto, Canada - Hazelview Properties Services Inc.

Hazelview Properties Services Inc.

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

About the Company:

At Hazelview Properties we believe that apartments

are more than bricks and mortar - they are an experience.

Started in 1999 with one small building in Oakville Ontario, we now manage a portfolio of over 200 multi-family residential buildings throughout Alberta, Saskatchewan, Manitoba, Ontario, Quebec and Nova Scotia.

Hazelview Properties takes pride in ownership and an active hands-on approach to how we manage our communities.

We are committed to fostering the long-term growth of our employees, communities and the investments we make for our clients.

It's one of the things we've always believed in, creating value for people and places.

We are committed to a diverse and sustainable future.

Vision:
_"We create value for people and places"._

Our Core Values:

Trust
Ambition
Collaboration
Ownership Mindset
Having Fun

About the Position:

The Co-op Student, Finance will report to the Manager, Financial Planning & Analysis at Hazelview Properties.

This role will provide a holistic view of Financial Planning & Analysis through assisting primarily in budgeting and forecasting, with exposure to cash flow management and various finance functions such as corporate accounting, property accounting, revenue accounting and accounts payable.

Key Responsibilities:

Budgeting, Planning & Forecasting

Assist in the full budgeting cycle for the national portfolio of over 22,000 units.
Assist in preparing models for the operating and capital budgets for 5 years.
Assist in the preparation of input templates for budgets.
Conduct research and assist with the preparation of presentations related to annual budgets; also, look for opportunities to make improvements.
Assist various team members with inputs, consolidation, and review of budget inputs.
Perform variance analysis for budgeting and reforecasting purposes.

Cash Flow Management

Assist with the preparation of cash flow forecasts and capital forecasts, in order to help manage the cash requirements for national portfolio on an ongoing basis to ensure operating and capital requirements are met.
Assess/Forecast the upcoming capital requirement and manage funding requests to/from Investors.
Create data models for reforecasting, improvement in schedules, and improvement in financial analytics/monthly reporting.
Assist in the development of new processes, systems, and models to support the organization.
Develop financial models to assist in strategic initiatives and critical decisions.
Support with ad hoc requested by Management.

Other Duties may include:

Corporate Accounting

Assist in the allocation of invoices for the Direct Real Estate Portfolio that are incurred by Hazelview Properties.
Maintain accurate reconciliation of allocated invoices using excel chargeback models.
Provide quality control on various general ledger accounts.

Property Accounting

Maintain accurate reconciliation of allocated invoices using excel chargeback models.

Revenue Accounting

Assist in bank reconciliations and review residents ledgers.

Accounts Payable

Processing invoices
Understand various workflows

Job Requirements:

Education and Experience:

Working towards a degree in Finance or Accounting from a recognized university/college.
Solid grounding in financial concepts, corporate finance and accounting considered an asset
Advanced knowledge of Microsoft Office tools, especially excel.
Previous exposure to real estate industry, specifically multi

- residential is considered an asset.

Experience with Power BI and Yardi are considered strong assets.

Key Skills:

A professional demeaner, with strong written and verbal communication skills.
Demonstrates a high degree of integrity, diplomacy, discretion, and confidentiality.
Ability to accurately listen, understand and respond appropriately.
High attention to detail is required for this role.
Ability to work and act independently using good judgment.
Ability to remain calm and focused on high pressure situations.
Selfmotivated individual who is proactive, takes initiative, goal and results oriented and work independently without a lot of direction.
Superior organizational and time management skills to multitask/prioritize and work under tight timelines to meet multiple deadlines.
Flexible with a "cando" and "no task is too big or too small" attitude.
Superior attention to detail and accuracy and excellent followup skills.
Excellent communication is required. Ability to speak other languages is considered an asset
Actively championing diversity and inclusion
Hazelview Property Services Inc. is an inclusive and equal opportunity employer. If you require an accommodation to participate in the recruitment process, please let us know. We will accommodate your needs as required under applicable legislation. Information related to accommodation requirements will