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Controller (Real Estate)

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An exciting opportunity has arisen for a Controller to join a leading force in Canada's real estate and land development sector. This role offers the chance to oversee accounting operations and financial reporting processes within a rapidly expanding company. The successful candidate will be an entrepreneurial CPA, eager to drive financial excellence in a dynamic and growth-oriented environment.

If you are passionate about leveraging technological advancements and making a significant impact in a company on the brink of extraordinary expansion, this is the perfect opportunity for you.

What you'll do:

  • Manage daily operations of the accounting department, including treasury, revenue recognition, IPP real estate assets, development projects, accounts payable, accounts receivable, payroll, tax compliance, and real estate SPV & fund accounting.
  • Ensure timely and accurate monthly, quarterly, and year-end close processes and financial reporting for individual properties, companies, and investment vehicles.
  • Collaborate with development and property management teams to efficiently capture construction and property activity in the accounting system.
  • Prepare property, construction, and corporate budgets, forecasts, and variance analysis.
  • Compile and analyze financial statements in accordance with GAAP.
  • Manage investor relations including compliance with KYC/AML procedures.
  • Oversee calculation, allocation, and distribution of promotes, carried interest, and other incentive compensation structures.
  • Coordinate annual audits and preparation and filing of all tax returns.
  • Implement internal controls to safeguard company assets.
  • Lead and train accounting team members.

What you bring:

  • Canadian CPA designation is required.
  • An undergraduate degree in Commerce, Business, or Accounting from a top-tier University is required.
  • Minimum of 5 years’ progressive experience with a real estate development firm is required.
  • Strong knowledge of GAAP and Canadian ASPE rules is required.
  • Experience with Yardi is preferred.
  • Understanding of corporate and partnership accounting, tax, and financial reporting for real estate companies.
  • Experience overseeing annual audits and tax preparation.
  • Familiarity with budgeting, forecasting, and variance analysis.
  • Thorough knowledge of MS Office including advanced Excel skills.
  • Leadership skills managing an accounting team.

What's next:

If you meet the requirements and are ready to take the next step in your career, apply now to be considered for the role.

Contract Type: FULL_TIME

Specialism: Finance & Operations

Focus: Accounting & Finance

Industry: Real Estate and Property

Salary: CAD130,000 - CAD170,000 per year + + bonus

Workplace Type: On-site

Experience Level: Senior Management

Location: Toronto, Ontario

Job Reference: 1G9PZV-BEDD4971

Date posted: August 6, 2024

Consultant: Jack Mehta

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