Controller POST NUMBER: 435183

Toronto, ON, CA On-Site
January 23rd, 2025
Real Estate
Vaco
$ 130000.00 - 150000.00 yearly
direct hire
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About the Company
Our client is a private property development company. They are looking for a Controller to join their team!

Why Work Here
  • Lots of opportunities to grow within the company
  • Great area and space to work in
  • Collaborative and dynamic team environment

About the Opportunity
Accounting (Corporate / Project)
  • Support, monitor and review the preparation of journal entries and accounting reports.
  • Perform reconciliations of general ledger accounts.
  • Process complex journal entries.
  • Investigate and explain variance in financial statements.
  • Prepare and review year-end working papers, financial statements, consolidated financial statements and other financial reports in accordance with GAAP, IFRS and ASPE.
  • Develop audit plan and co-ordinate all year-end requirements with joint venture partners.
  • Identify and resolve issues with internal and external auditors.
  • Review Project cashflow analysis.
  • Finalize financial statements including presentation and notes.
  • Be a primary point of contact for other teams within Finance (AP, AR, Treasury etc.)
  • Work with auditors on data submission and transactions inquiries.
  • Supervise, train, and provide guidance to accounting team.
Financial reporting
  • Prepare and review annual operating budgets for holding companies.
  • Review monthly financial statements, operating and construction reports.
  • Review construction loan draws prepared by accounting staff and liaised with cost consultants where required.
  • Ensure accuracy of ongoing analysis of project budgets, job cost reports, and pro formas,
  • Conduct cash distribution/contribution reconciliation and analysis for joint venture projects.
  • Perform financial analysis for existing investments and calculate IRR and NPV analysis for the projects.
  • Review of cash call, cash distribution, asset management fees calculation, incentive fees calculation and semi-annual project reporting.
Taxation
  • Review HST returns
  • Review annual federal and provincial corporate tax returns from auditors for active companies.
  • File federal and provincial corporate tax returns for bare Trustee companies.
  • Conduct analysis upon receipt of notice of re-assessment from the government.
  • Liaise with tax and finance auditors.
  • Ensure compliance of all other reporting requirement (WSIB, EHT, T5, NR4 etc)
Other
  • Prepare corporate reporting packages for board meeting and ad-hoc reports as required by management.
  • Liaise with property managers, lawyers, government agencies and joint venture partners’ personnel.
  • Experience in the Yardi administrative role.
  • Ad-hoc analysis, as directed by management in making key business decisions.
  • Implement automation and process improvements to reduce redundancy.

About You
  • CPA preferred.
  • 7 years of accounting experience, within a real estate company experience.
  • Strong working knowledge of Microsoft Excel and other spreadsheet applications required; experience with real estate accounting software a plus (JDE, NEWSTAR, YARDI).
  • System conversion experience a plus.

Salary Range
$130,000 - $150,000/year

How to Apply
Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.
When referencing this job, quote #435183.

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.

Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

EEO Notice

Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .

Vaco also wants all applicants to know their rights that workplace discrimination is illegal.

By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.

  • California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
  • Virginia residents may access our state specific policies here.
  • Residents of all other states may access our policies here.
  • Canadian residents may access our policies in English here and in French here.
  • Residents of countries governed by GDPR may access our policies here.

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:

  • the individual’s skill sets, experience and training;
  • licensure and certification requirements;
  • office location and other geographic considerations;
  • other business and organizational needs.

With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.

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