OPPORTUNITY

As part of its continued growth, Fengate is seeking an Accounting Administrator for a one-year contract, who will support the accounting and finance aspects of the closing process for condominium unit sales on behalf of Fengate. This is a hybrid role, based out of the Oakville and/or Toronto office.
In this role, you’ll work closely with Fengate’s internal sales and marketing team, as well as external counterparts to coordinate and execute all the finance related aspects of the closing process. This is an exciting opportunity to contribute to a high-performing team in a fast-paced, client-focused environment where precision and professionalism are key.

KEY QUALIFICATIONS

• Bachelor’s degree in accounting, business administration, or a related field
• 5-10 years of proven experience in real estate accounting for residential condominium closings, preferably having worked at a residential developer in the GTA
• Experience with Yardi is strongly preferred
• Strong understanding and knowledge of real estate transaction processes and documentation
• Excellent verbal and written communication to liaise with different parties and stakeholders
• Ability to manage multiple transactions and deadlines simultaneously
• Attention to detail to ensure accuracy in closing documents
• Ability to problem solve and resolve issues that may arise during the closing process

• Perform and manage the full cycle real estate accounting for closing transactions of the assigned project
• Prepare and record all necessary journal entries for each unit closing in the project legal entity
• Prepare and file GST/HST returns on a timely basis to ensure compliance with CRA regulations
• For each unit closing, prepare the Statement of Adjustments to ensure that the purchase price, deposits, amounts due on closing, and any other financial adjustments and transaction related fees are properly reflected.
• Assist in preparing and maintaining the closing spreadsheet by conducting thorough reviews of purchase agreements
• Reconcile the closing proceeds collected against the closing spreadsheet and individual purchase agreements.
• Collaborate with external/internal legal counsel and our internal sales and marketing team to ensure closing proceeds are received and coordinate with the bank as needed.
• Serve as the main point of contact from a finance perspective between internal business teams, as well as purchasers and external parties for all closing-related inquiries and matters.
• Work on ad hoc projects within the real estate finance team as requested by management