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Property Accountant

  • Toronto, ON, Canada

$70,000 to $80,000 CAD / year · Full-time

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Job details

Pay
$70,000 to $80,000 CAD / year
Job type
Full-time
Posting language
English
Posted

Original job description

Preparation/Review of monthly bank and loan reconciliations, including related interest calculations

  • Full cycle accounting, including A/R and A/P function (with invoice coding) and preparation of

journal entries (e.g. land purchase, land sales, cost recoveries, etc), trial balance review, account

reconciliations, job costing and allocation reasonability

  • Shared responsibility for maintaining the AP inbox for assigned portfolio of companies including but

not limited to receipt of invoices, vendor management, invoice queries, etc.

  • Track and reconcile lot discharges and house closings
  • Track and reconcile LCs – including setup, reductions and cancellations as received
  • Reconcile intercompany accounts
  • Preparation of monthly reporting for internal and external participants
  • Monitor and manage cash flow on development projects, including preparation of cash flow

forecasts, cash progress funding draws, and analysis of loan and letter of credit utilization

  • Preparation of cash calls, distributions and equity reconciliations

----- DISCLAIMERS -----

This position for employment is for a current vacancy with Highspring’s client. 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.

By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present you as a candidate for the foregoing position. Additionally, you agree to be included in our talent pool for future hiring for similarly qualified positions. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. Lastly, 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.

Vaco by Highspring values a diverse workplace and strongly encourages women, people of colour, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply. The company is also committed to ensuring that persons who need them are provided with reasonable accommodations; if one is needed to participate in the job application or interview process, please contact HR@vaco.com .

Vaco by Highspring respects your privacy and is committed to providing transparent notice of our policies in English here and in French here. Additionally, the company uses AI to perform preliminary screenings, focused on ensuring minimum job requirements noted in the position are satisfied. Further assessment of candidates beyond this initial phase will be conducted by recruiters and hiring managers. Vaco/Highspring does not know and cannot opine on if its client’s use of AI products in hiring.

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.

Having said that Vaco by Highspring believes that the salary range referenced reasonably estimates the base compensation for an individual hired into this position. The individual may also be eligible for discretionary bonuses and/or participation in medical, dental, and vision benefits as well as the company’s retirement plan (or similar retirement benefits).

More about this job

Responsibilities

Manage full-cycle accounting for a portfolio of development companies, including reconciliations, accounts payable and receivable, journal entries, job costing, and monthly reporting. Monitor project cash flow and reconcile lot discharges, house closings, letters of credit, intercompany accounts, cash calls, distributions, and equity.

Requirements

Candidates must currently reside in the Greater Toronto Area and be permitted to work in Canada. No specific education, certification, or years of experience are stated.

Skills

  • Bank Reconciliations
  • Loan Reconciliations
  • Interest Calculations
  • Full-Cycle Accounting
  • Accounts Receivable
  • Accounts Payable
  • Invoice Coding
  • Journal Entries
  • Trial Balance Review
  • Account Reconciliations
  • Job Costing
  • Intercompany Accounting
  • Cash Flow Forecasting
  • Funding Draws
  • Letter Of Credit Management
  • Equity Reconciliations

Benefits

  • Medical Benefits
  • Dental Benefits
  • Vision Benefits
  • Retirement Plan
  • Discretionary Bonuses

Visa sponsorship

Not detected in the job text

Categories

  • Finance & Accounting
  • Construction

Keywords

  • Property Accounting
  • Full-Cycle Accounting
  • Bank Reconciliations
  • Loan Reconciliations
  • Interest Calculations
  • Accounts Receivable
  • Accounts Payable
  • Invoice Coding
  • Journal Entries
  • Trial Balance
  • Account Reconciliations
  • Job Costing
  • Cost Allocation
  • Vendor Management
  • Lot Discharges
  • House Closings
  • Letters Of Credit
  • Intercompany Accounts
  • Monthly Reporting
  • Development Projects
  • Cash Flow Forecasting
  • Funding Draws
  • Loan Utilization
  • Cash Calls
  • Distributions
  • Equity Reconciliations

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