Development Accountant

at  Westbank Corp

Position: Development Accountant
Location: Vancouver, BC
Westbank is seeking a Real Estate Development Accountant to be responsible for various high profile multi-use construction tower projects, both in Vancouver and across Canada. Reporting to the Manager of Development Accounting, the successful candidate will be responsible for a wide variety of accounting related functions.

QUALIFICATIONS:

• Post-Secondary Degree and current enrolment in CPA program or completed
• Minimum 2 years’ directly related accounting experience
• Experience in the Real Estate industry is an strong asset
• Experience with complex budgets, forecasting, internal transactions and executive presentations
• Superior attention to detail and organizational skills
• Extensive computer knowledge, including Excel & Sage 300
• Thrives working in a busy, high volume environment
• Ability to handle conflicting deadlines and prioritize
  Job Type: Full-time
  Pay: $65,000.00-$85,000.00 per year

Benefits:

• Casual dress
• Dental care
• Extended health care
• Paid time off
• Vision care

Schedule:

• 8 hour shift
• Monday to Friday

Ability to commute/relocate:

• Vancouver, BC: reliably commute or plan to relocate before starting work (required)

Experience:

• Accounting: 3 years (required)
• Development Accounting: 2 years (required)

Licence/Certification:

• Chartered Professional Accountant (preferred)

Work Location: In perso

• Prepare and maintain monthly proformas, bank draws, budgets & forecasts
• Ensure budget re-allocations are completed, liaison with development team to ensure all in agreement with allocations
• Liaison with Project QS providing draw information and reviewing draft reports
• Liaison with the bank regarding all information required for bank draws
• Inform project managers of any budget overages
• Review all hard cost construction draws
• Liaison with Hard Cost accountant as appropriate
• Prepare cash calls as required
• Issue billing as required
• Prepare cash flow, projecting cash requirements through the remaining project
• Ensure adherence by consultants of all insurance requirements
• Maintain strong financial controls and processes
• Administer all costing pool allocations for mixed use projects
• Prepare monthly bank recs, working papers and financial statements
• Review all contracts and commitments for assigned projects
• Liaison with partners regarding all financial information
• Review all working papers and liaison with external accountants if necessary
• Ensure adherence to all financial corporate governance requirements per separate partnership agreements
• Issue Ad Hoc financial reports when necessary
• Be able to question project costs and ensure their accuracy and validity