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Manager, Development Accounting
3 months ago
About QuadReal Property Group
QuadReal Property Group is a global real estate investment, operating and development company headquartered in Vancouver, British Columbia. Its assets under management total $73.8 billion. From its foundation in Canada as a full-service real estate operating company, QuadReal has expanded its capabilities to invest in equity and debt in both the public and private markets. QuadReal invests directly, via programmatic partnerships and through operating companies in which it holds an ownership interest.
QuadReal seeks to deliver strong investment returns while creating sustainable environments that bring value to the people and communities it serves. Now and for generations to come.
QuadReal: Excellence lives here.
Reporting directly to the SVP, Development Accounting & Finance, the Manager, Development Accounting is responsible for adding value to QuadReal by managing and supporting a team of Development Accountants and ensuring that they are providing meaningful financial information that is professional, accurate and free of material misstatements. The individual must have strong real estate accounting experience, primarily in project development, LP structures, and complex real estate development transactions and is adaptable to a regular set of challenges that only exists in multi use, multi tower, multi year development projects
We are seeking an energetic and self-motivated Manager to head national initiatives and to support the accounting team responsible for the development and management of the Western Development projects. As a QR Development Accounting Manager, you will be required to provide financial and technological leadership for current and new staff as well as being a business partner to the QR Development Team. This would include training on new systems, tools and overall QR processes and procedures while incorporating high-level thinking and analysis within the Accounting, Finance and Development teams.
Responsibilities:
People Management
- Provide support to the day-to-day activities of the Development Accounting team - West
- Provide support and leadership to the development accounting administrative and coordinator functions
- Support with promoting a positive, "open-culture" and the QuadReal values
- Responsible for ensuring existing and new employees receive appropriate level of training for QuadReal systems and procedures including monthly and annual activities
- Responsible for being a resource for employees to come to for guidance and direction
- Develop technical, analytical, and communication skills of Development Accounting team - West through targeted and focused review of monthly and annual files while providing meaningful feedback for improvement
- Provide input on staffing requirements and issues
Planning and Monitoring
- Lead the QR proforma initiative compliance and conversion with the National Development Team
- Lead consolidation reporting for the Development Accounting team
- Plan timing and completion of monthly and annual activities including monthly cut-off schedules, monthly reporting, annual audits and annual budgets and cash management.
- Monitor annual and monthly cycles to ensure completion and quality of desired results in accordance with deadlines
- Review of monthly and annual development accounting activities to ensure that desired results are achieved according to deadlines, ASPE, IFRS, and owner policies/requirements
- Liaise with development managers, other functional groups across the country and external partners to ensure they are receiving responsive service as well as providing assistance and advice as necessary.
- Responsible for conflict resolution and decision making when required
Other Duties
- New project set up, analysis, and follow up of outstanding issues as required
- Full understanding of all project specific processes and upkeep of pertinent information relating to specific projects
- Responsible for creating, maintain and improving processes and procedures and initiating quality and efficiency enhancements
Experience and Qualifications:
- Qualified CPA designation
- Minimum 3 years of real estate development accounting
- Strong ability to communicate effectively, both oral and written
- Organized, and can work under pressure to meet tight deadlines; ability to handle multiple demands and competing priorities
- Natural ability to identify, analyze, and solve problems; action orientated and can make decisions quickly
- Intermediate to advanced Excel, Word, and other Microsoft Office programs; knowledge of Yardi is an asset
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