Accounting Manager

1 week ago

Toronto, Ontario, Canada CB Canada Full time
About the Role

We are seeking a highly skilled Senior Development Accountant to join our team at CB Canada. As a key member of our accounting department, you will be responsible for handling all aspects of accounting for development projects with minimal supervision.

Key Responsibilities
  • Handle all aspects of accounting for development projects, including financial reporting, budgeting, and forecasting.
  • Maintain job cost chart of accounts in Yardi, including original and revised budgets, costs incurred, costs to complete, committed costs, and projected final costs.
  • Set up and maintain projects in Yardi job cost, including project setup, budgeting, and financial reporting.
  • Liaise and work closely with the development team, including attending project status meetings and providing financial updates.
  • Prepare loan draws and capital calls as required, and prepare financial reporting and draw requests for joint ventures and lenders.
  • Prepare monthly financial reports, providing timely and accurate analysis of financial results and operating metrics.
  • Assist in the preparation of Project Status Reports, and coordinate with development and finance to track and report projected cash needs for all projects.
  • Prepare costing and profit reporting for individual residential unit sales, and prepare development budgets utilizing the latest job cost reports.
  • Track holdbacks and holdback releases in accordance with provincial lien holdback legislation.
  • Work with property accounting to coordinate the transition of income-producing properties to properties under development.
  • Assist in updating and maintaining the Development Accounting Policies and Procedures Manual, and assist in the design and implementation of internal controls related to development activity.
  • Provide accurate and timely financial information as required internally by management and other departments, and externally to the client.
Requirements
  • 3+ years of hands-on Development Accounting experience.
  • Experience liaising and working with the Development team and Finance/Corporate Accounting.
  • Intermediate/Advanced level MS Excel skills and ERP experience.
  • Excellent written and verbal communication skills.
About CB Canada

CB Canada is a leading provider of accounting and financial services. We are committed to delivering high-quality services to our clients, and we are seeking a highly skilled Senior Development Accountant to join our team.

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