Property Accountant

Property Accountant - 6-month contract

Our client is a global leader in their industry. They are looking for a Property Accountant who specializes in financial management for real estate development/construction projects. You will be responsible for development accounting, budgeting, construction draws, funding packages and equity cash call requests, various reconciliations, cash flow forecasts, and detailed project reporting for a portfolio of mixed-use projects. This role will maintain and prepare reports for distribution to various departments and business partners, map new and existing third-party managed projects into the accounts, conduct monthly audits, and identify data discrepancies to rectify issues and ensure compliance with accounting policies and joint venture protocols.

• University degree in any of the fields: Accounting, Business, Finance, Economics
• CPA Designation is preferred
• 5+ years of work 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 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 Excel required (this includes, but is not limited to, H-lookup, V-lookup, macros, pivot tables); excellent proficiency in Yardi Voyager an asset

Hybrid role - 4 days in the office

Location: Downtown Toronto

Salary is based on experience