Accounting Manager POST NUMBER: 441514
Our client is a real estate development company. They are looking for an Accounting Manager to join their team!
Why Work Here
- Opportunity to work with one of the leading developers in North America
- Company is privately owned with a ton of pipeline and opportunities to progress
- Hiring manager was placed by Vaco and now promoted
- Fantastic office environment, newly renovated space with on-site gym and parking
- Maintain the general ledger and annual working paper files for the Housing Development portfolio by posting year-end journal entries and preparing financial statements.
- Generate quarterly financial reports and monthly project reports required by lenders.
- Develop, implement, and maintain construction management system, including setting up projects (jobs), budgets, job costs, cost codes, contracts, change orders, purchase orders, and various construction progress reports.
- Perform and /or oversee monthly bank reconciliation and reconciliation of control accounts (accounts receivable and accounts payables) to subsidiary ledgers, intercompany balances, schedules of balance sheet accounts.
- Review monthly HST reconciliations, file HST returns, and ensure remittances for each project on a prompt basis.
- Perform accounting duties throughout the project, such as posting acquisitions and sales closings entries for high-rise and low-rise projects, analyzing all transactions, and working unforeseen costs into the budget, and estimating cash flow.
- Ensure accurate preparation of SOAs and verify that all SOAs align accurately with records at the time of closings, confirming that all closing funds received match with sales records.
- Generate intercompany charge-back billings and reconciliations.
- Review purchase orders and accounts payable listing, prepare accounts payable journals, and process invoices if needed.
- Manage A/P staff and ensure that invoices are entered into the system correctly by AP staff and that all the relevant supporting schedules are complete and accurate.
- Ensure that holdbacks are retained and released in compliance with contractual agreements.
- Oversee bank loans/BA renewals.
- Other duties/projects as assigned from time to time.
- Minimum of 8 years’ real estate construction/job cost accounting experience, or an equivalent combination of education and experience
- Excellent knowledge of construction cost accounting and related financial procedures
$125,000 - $135,000/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 #441514
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 by Highspring 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 by Highspring 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 by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring 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 by Highspring 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 by Highspring 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 by Highspring 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 by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
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Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco by Highspring 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.
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Pay Transparency Notice
Determining compensation for this role (and others) at Vaco by Highspring 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 by Highspring 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.