Graywood Developments Looking for Accountant, Asset Management at Toronto, Ontario, Canada Full Time

Reporting To: Accounting Manager, Income Property

Division/Department: Finance & Accounting

Location: Toronto

Job Background

Graywood is an industry-leading real estate development company with a proven history of success. Graywood is focused on residential mixed-use development in the Greater Toronto Area and other major Canadian markets. During its 38-year history, Graywood has managed 54 projects, with 31,400 housing units and a combined value of $8.8 billion. The management team has overseen development across several asset classes including for-sale residential, seniors housing, office, retail, and industrial, providing Graywood with first-class depth and breadth of experience.

Due to continued growth, we are our looking for an Accountant, Asset Management who will be responsible for organizing the full accounting cycle for a portfolio of real estate properties.

Principal Responsibilities

• Ensure all monthly financial and management reporting is delivered accurately and on a timely basis
• Ensure consolidated records related to all properties are kept up to date
• Maintain a full understanding of all balance sheet and income statement accounts and prepare a detailed variance analysis of revenue and expenses
• Maintain schedules reconciling cash, accounts receivable, inter-company balances, prepaid expenses, fixed assets, accrued expenses and liabilities.
• Prepare month end bank reconciliations, journal entries, and support working papers and quarterly financial statements
• Assist with the preparation and review of portfolio reporting and schedules, including cash flow projections, monthly variance analysis reports, and annual budgets
• Review management fees, leasing fees, chargeback invoices to tenants, HST reconciliations, and tax final billing adjustments
• Assist with the preparation of sales tax filings and annual income tax returns and filings
• Assist with the implementation of new accounting software and set-up existing/new properties as required
• Support data standardization and improve reporting templates

General

• Carry out additional ad hoc duties as required

Requirements

Knowledge& Experience

• Minimum 2-3 years of accounting experience in industry

Skills

• Good oral and written communication skills
• Proven self-starter with ability to adapt to evolving scope of responsibilities within a fast-paced, growth-oriented environment
• Intermediate to advanced excel skills
• Working knowledge of Yardi preferred

Qualifications

• University degree or college diploma in Accounting, Finance or related field.
• Professional Accounting Designation (CPA-CA, CGA, CMA) or actively enrolled in the CPA program.

Graywood is an equal opportunity employer that values the unique skills and experiences of each of our candidates; recognizing that each prospective team member of Graywood Developments Ltd. contributes to our efforts in building a diverse and inclusive place to work.

Should you require any disability-related accommodation to support your participation in our recruitment process, please notify us and we will work with you to meet your accessibility needs.