Development Accounting Analyst
3 weeks ago
Development Accounting Analyst
Employment Type
Permanent
Location
TORONTO, Ontario
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Job Description:
The Development Accounting Analyst is responsible for development accounting, budgeting, construction draws, funding package and equity cash calls request, various reconciliations, cash flow forecast and detailed project reporting for a portfolio of mixed-use projects.
This role will maintain and prepare reports to be distributed to various departments and business partnerships. The Development Accounting Analyst is also responsible for the mapping process of new and existing third-party managed projects, conducting monthly audits and identifying any data discrepancies to rectify issues and ensure compliance with accounting policies and joint venture protocols.
TMGMS
Job Requirements:
University degree in any of the fields: Accounting, Business, Finance, Economics CPA Designation is preferred 5+ years working experience in accounting with a minimum of 3+ 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 & redevelopment projects Working experience with the IFRS and financial reporting Working experience in communicating with all cross-functional organization teams Working experience with project/s in a joint ventures business environment Excellent proficiency in advanced Microsoft Excel required (this includes, but is not limited to, H-lookup, V-lookup, macros, pivot tables); excellent proficiency in Yardi Voyager an asset Apply-
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