Senior Project Accountant
1 week ago
Senior Project Accountant
Location:
Vancouver
Full Time:
Permanent
Salary:
90-110K
About the company:
A real estate developer with over 30 years in business, the head office is based in the Downtown Vancouver area(the role is hybrid). The client has other offices throughout other cities and can accommodate candidates to work in other location in the Lower Mainland. This client with their beautifully designed offices seeking to add another member to their team as they continue growing. The clients develop residential, industrial, commercial properties and has won some major projects.
About the role:
- Assist in maintaining financial models, and work on feasibility studies
- Manage and maintain project proformas and cost reports, including cash flow projections
- Full cycle project accounting for residential properties
- Assist with completing year end financial statement audits and review engagements for assigned entities
- Maintain a thorough knowledge of and status of all aspects of the projects in your portfolio and regularly meet with project teams
- Prepare and analyze monthly variance analysis on project budgets and cash flows
- Monitor, review, and reconcile budgets, holdback accounts, construction loan draw requests and invoices
- Prepare and/or review monthly loan draw package and liaise with cost consultants/lenders
- Monitor cash to ensure project has sufficient funds to satisfy payables and debt obligations
- Work closely with project teams to ensure accuracy of cost and financial reporting for projects
- Responsible for maintaining all financial records for projects within your portfolio, including:
- Review/post monthly journal entries relating to project entities
- Review monthly working paper files, including bank and balance sheet reconciliations
- Ensuring that financial information provided is timely and relevant for effective decision making
- Prepare monthly and quarterly reports for internal and external stakeholders as required
JOB REQUIREMENTS
- 5+ years of project accounting and corporates accounting experience preferably in Real Estate Development
- Related Accounting Education
- CPA Designated
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