Development Accounting Analyst
4 weeks ago
Vaco is a leading provider of professional staffing services, connecting top talent with innovative companies. Our client, a renowned player in the real estate industry, is seeking a skilled Development Accounting Analyst to join their team.
About the OpportunityThis exciting role involves setting up new pre-construction and construction projects in Yardi, ensuring compliance with Delegated Authorities and Development Procedures. The successful candidate will also be responsible for managing joint venture projects, providing support with setting up new joint ventures projects templates, and preparing accounting profit and loss analysis and balance sheet reports.
Key responsibilities include:
- Setting up new pre-construction and construction projects in Yardi
- Managing joint venture projects, including setting up new joint ventures projects templates
- Preparing accounting profit and loss analysis and balance sheet reports
- Reviewing and approving monthly development construction draws request and co-owner cash call request
- Producing monthly and quarterly reports for partners
- Providing supporting documentation and sharing information with Properties, Finance, Tax, and Valuation teams
- Assisting the Manager with the preparation of year-end tax and statutory financial statements and related notes to the financial statements
We are looking for a highly skilled and experienced accounting professional with a strong background in real estate development and construction. The ideal candidate will have:
- CPA designation preferred
- 2+ years of working experience in accounting with a minimum of 2 years of direct real estate mixed-use development, property management, and construction industry exposure
- Very good understanding of financial analysis, NPV, IRR, cash flows, and profit return analysis related to real estate development and redevelopment projects
- Working experience with IFRS and financial reporting
- Excellent proficiency in advanced Excel required (this includes, but is not limited to, H-lookup, V-lookup, macros, pivot tables); excellent proficiency in Yardi Voyager an asset
$80,000 - $90,000/year
How to ApplyClick the "Apply Now" button and follow the instructions to submit your resume. Please note that we only accept documents in MS Word or Rich Text formats.
When referencing this job, quote #424937.
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.
Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race, color, sex, 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.
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