Jobs
>
Toronto

    Accountant - Real Estate - Toronto, Canada - Graywood Group

    Default job background
    Full time
    Description

    JOB TITLE: Project Accountant

    DIVISION: Finance

    DEPARTMENT: Accounting

    REPORTS TO: Director, Operational Accounting & Reporting

    LOCATION: 200 Kings Street W

    POSITION OVERVIEW (Purpose):

    Graywood is an industry-leading real estate development company with a proven history of success. Graywood is focused on residential mixed-use development in the Greater Toronto Area and other major Canadian markets. During its 37-year history, Graywood has managed 54 projects, with 31,400 housing units and a combined value of $8.8 billion. The management team has overseen development across several asset classes including for-sale residential, seniors housing, office, retail, and industrial, providing Graywood with first-class depth and breadth of experience.

    Primary responsibility: Preparation of accurate and timely financial information of the Real estate development partnerships and/or joint ventures through established internal control practices (Month end accounting process). Maintain proper records and reconciliations on a monthly basis ensuring compliance with policies and procedures. Perform day to day tasks through established internal control practices.


    Details:

    Project Cost Reporting:

    Prepare:

    • Monthly Project Cost Reporting (PCRs); preparation and review to ensure expenses are properly coded; follow up on unrecorded expenses understanding why they were not incurred.
    • Monthly PCR Meetings: Active participation and preparation is required during each PCR meeting. Ensure budget re-allocations are completed, liaise with the development team during and after each PCR meeting to ensure changes are in line with the latest pro-forma and appropriate questions are asked.
    • Provide project financial support (ad hoc reports and reconciliations) relating to Contract and Project management as requested
    • Consultant and contractor reconciliations / hold back reconciliations
    • Assist with gathering data required for cash flow forecasting

    Analyze:

    • Understand cost to complete; amounts and percentages, follow up with project managers regarding items which look unusual. Ensure communication with Manager, Operational Accounting & Reporting
    • Analyze and question project costs and ensure their accuracy and validity
    • Cost variance analysis and the overall impact on the project budget with an understanding of key issues and drivers and determining the root cause
    • Monitor monthly activity and maintain a strong understanding of project status
    • Preparation of monthly electronic working papers including all supporting documentation and completion of operational reconciliations
    • Prepare and file commodity remittances (HST) (monthly, quarterly, yearly) as well as preparation of CRA audit back-up (as required)
    • Reconcile purchaser deposits and upgrades as well as sales commissions
    • Preparation of bank reconciliations and updating the cash report (Weekly)
    • Ensure adherence to the appropriate accounting standards in preparation of financial reports

    Analyze/review:

    • Peer review of monthly electronic working papers, providing detailed review notes and comments. Final review to be completed by Manager, Operational Accounting & Reporting
    • Record monthly entries as required. E.g. revenues, cost of sales, marketing expenses, costs to complete, accrued liabilities, retail rental income and all other required journal entries to ensure trial balance completeness with all supporting back-up/documentation
    • Improve efficiency and quality of project reporting and models and discover opportunities to streamline analysis and processes

    Prepare:

    • Act as main point of contact for all project related inquiries with help of Manager, Operational Accounting & Reporting
    • Prepare and deliver monthly Co-owner reporting packages (as required)
    • Preparation of interim and year-end audit supporting files for submission to auditors and to assist with audit queries
    • Open new bank accounts and new HST business accounts with assistance from appropriate external parties
    • Ensure all cheques are cashed within appropriate amount of time; reversal of stale dated cheques; Ensure enough funds are available to release all cheques cut. All signed cheques should be verified by Manager, Operational Accounting & Reporting before being mailed out to vendors/suppliers
    • Ensure accuracy of all invoices entered including but not limited to amounts and expense coding

    Analyze:

    • Analyze cash requirements by understanding project costs and working capital and preparing all project funding requests to corporate team; to be reviewed prior to submission by Manager, Operational Accounting & Reporting.
    • Assist with providing and gathering data for project loan draw requests
    • Assist with the development of business cases and implementation of new process improvement initiatives

    Month End Reporting:

    • Prepare:

    Other duties and reporting:

    • Ensure collection/payment of all receivables/ payable; ensure they are current
    • Project cash management and other analysis:

    Requirements

    QUALIFICATIONS:

    Education (include any required designations):

    • University degree in business, accounting or similar
    • Enrollment in CPA program and completion of Core

    Experience:

    • 2-3 years' experience in a related role including at least 6 months of qualifying practical experience
    • Experience in real estate or construction a plus
    • Excellent IT skills

    Key Competencies:

    • Detail oriented and organized
    • Ability to work as part of a cross functional team
    • Strong time management skills

    We are an equal opportunity employer that values the unique skills and experiences of each of our candidates; recognizing that each prospective team member of Graywood Developments Ltd. contributes to our efforts in building a diverse and inclusive place to work.

    Should you require any disability-related accommodation to support your participation in our recruitment process, please notify us and we will work with you to meet your accessibility needs.



  • CT Real Estate Toronto, Canada

    **What you'll do** · PMO Manager role is responsible for development, implementation, and continuous improvement across CTC's corporate and industrial real-estate portfolio, with a focus on processes, operations, quality of deliverables and project delivery support. This role rep ...


  • CT Real Estate Toronto, Canada

    **What you'll do** · The Real Estate Sales Forecasting team supports the Real Estate group by providing insight, analytics and data in support of Real Estate capital investment decisions. Using GIS and other analytical tools, the Market Analyst is responsible to create sales fore ...


  • McDonald's Canada Toronto, Canada

    **Company Description** · At McDonald's, we are committed to being the best, and that starts with finding the best people. We have built a team of extraordinary people from around the world. We are problem solvers, risk takers, innovators, and thought leaders that take our work s ...

  • WEETAZ

    Real Estate Advisor

    1 week ago


    WEETAZ Toronto, Canada

    **Job Information** · **Responsibilities**: · Coordinate real estate and land work processes within the region. · Proactively advise the management team on real estate matters and potential bottlenecks. · Contribute to the development and implementation of regional real estate wo ...

  • GHD

    Real Estate Leader

    2 weeks ago


    GHD Toronto, Canada

    **At GHD, we don't just believe in the power of commitment, we live and breathe it every day.** · **Who are we looking for?** · We're looking for an experienced **Real Estate Leader-Americas **. The Real Estate Leader will be responsible for overseeing the real estate portfolio, ...


  • Aston Gate Real Estate Inc. Brokerage Toronto, Canada

    **Aston Gate Real Estate** · - _Real Estate Administrative Assistant_ · - _Real Estate Deal Secretary_ · - _Marketing Assistant_ · **Job Type**: Part-Time (Evening &/or Weekends) or Full-Time · **Schedule**: Flexible · **Experience**: Real estate administration: 1 year (preferred ...


  • Aston Gate Real Estate Inc. Brokerage Toronto, Canada

    Aston Gate Real Estate is an elevated boutique brokerage located in Toronto & Ottawa, specializing in the buying and selling of unique properties, providing exceptional service to clients seeking a modern and personalized approach to real estate. · Our aim is to be a nationally r ...

  • THE GUARDIAN HOME REALTY INC.

    Real Estate Agent

    3 weeks ago


    THE GUARDIAN HOME REALTY INC. Toronto, Canada

    **About us** · We are agile, professional, and innovative. · Our work environment includes: · - Modern office setting · - Work-from-home days · - Growth opportunities · Job Title: Real Estate Agent · Company: The Guardian Home Realty · Location: F Nashdene Rd | Toronto, ON M1V-5E ...


  • T3 Assembly Inc. Toronto, Canada

    Looking for a Real Estate Admin with prior experience in the field. · **Requirements**: · - Experience in Real Estate · - Knowledge in filling up forms · - Able to book showings · **Job Roles**: · - Show properties to prospective clients · - Draft up leases and agreements · - Gen ...

  • Tokyo Smoke

    Director, Real Estate

    2 weeks ago


    Tokyo Smoke Toronto, Canada

    Reporting to the President, OEG Retail Cannabis, this role will be a dynamic contributor who leads the process of lease negotiations, oversee the maintenance of real estate records and build a commercial real estate leasing strategy for the business. · **GENERAL RESPONSIBILITIES* ...

  • Metro Inc.

    Real Estate Manager

    1 week ago


    Metro Inc. Toronto, Canada

    **Position Title**: · ***Real Estate Manager · **Requisition ID**: 36268 · **Career Group (ADSP)**: · ***Administrative · **Division**:Real Estate Development · **Department**: · ***Real Estate · **Work Location**:METRO ON SPECTRUM WAY (#A-SPEC) · **Province**:Canada : Ontario · ...


  • LandSolutions Inc Toronto, Canada

    People are the heart of every business, and we thrive on connecting qualified workers with great companies across numerous sectors. · LandSolutions is looking to expand their talent pipeline in the Greater Toronto Area to service our clients by supporting the Talent Sourcing team ...

  • Queensway Real Estate Brokerage

    Real Estate Agent

    1 week ago


    Queensway Real Estate Brokerage Toronto, Canada

    **Must be a Licensed Real Estate Agent Or Almost Completed Your Licence** · No Desk Fees, No Deal Fees, No Fees Period · - Full Training and Ongoing Support (Training and support manager on call) · - Full Office Use 24/7 (equipped with desks, wifi, printer/ scanner, private meeti ...

  • Van Caulart & Associates

    Real Estate Agent

    1 week ago


    Van Caulart & Associates Toronto, Canada

    Attention, forward-thinking real estate agents Van Caulart & Associates is looking for fresh talent to join our team. · Are you a motivated, tech-savvy go-getter passionate about redefining the real estate landscape? Do you thrive in an environment that breaks free from the tradi ...

  • Smith Proulx Real Estate Team

    Real Estate Agent

    3 weeks ago


    Smith Proulx Real Estate Team Toronto, Canada

    **About us** · Smith Proulx Real Estate Team is a family team of experienced real estate agents within a large Re/Max Brokerage. We are looking for a good fit to help us expand our business. · '''Overview: · We are seeking a highly motivated and energetic Real Estate Agent to joi ...

  • Nuclear Waste Management Organization (NWMO)

    Real Estate Associate

    3 weeks ago


    Nuclear Waste Management Organization (NWMO) Toronto, Canada

    **Location** · Toronto · **Employment Category** · Regular Full-Time · **Department** · Legal Services · **Closing Date** · 25/04/2023 · **Job Reference** · 10226 · The Nuclear Waste Management Organization (NWMO) is a not-for-profit organization tasked with the safe, long-term m ...

  • Indigo Park Canada Inc

    Real Estate Analyst

    2 weeks ago


    Indigo Park Canada Inc Toronto, Canada

    As a Real Estate Analyst, you will transcend the traditional analyst role, actively engaging in decision-making and leadership across various aspects of business and operations. Your role will involve maintaining a delicate equilibrium between strategic initiatives and efficient, ...


  • Homelife Vision Realty Inc. Toronto, Canada

    _Part-time Experienced Real Estate Receptionist _ · - **REAL ESTATE OFFICE ADMIN EXPERIENCE IS A MUST**: · - answer telephones, confirm appointments, greet clients/walk-ins, input messages using Brokerbay · - Broker Load - input MLS listings, upload photos, scan documents, proces ...


  • RML- Richter Management Ltd -Main Toronto, Canada

    **Richter Office: Toronto** · Richter is a Business | Family Office that provides strategic advice on business matters and on families' financial and personal objectives across generations. With close to 100 years of experience advising at the intersection of family and business, ...

  • Queensway Real Estate Brokerage

    Real Estate Agent

    1 week ago


    Queensway Real Estate Brokerage Toronto, Canada

    **Must be a Licensed Real Estate Agent Or Almost Completed Your Licence** · No Desk Fees, No Deal Fees, No Fees Period · - Full Training and Ongoing Support (Training and support manager on call) · - Full Office Use 24/7 (equipped with desks, wifi, printer/ scanner, private meeti ...