Director of Finance And Accounting

Director, Finance and Accounting

Markham, Ontario (onsite)

$150,000-$160,000 base plus bonus, excellent benefits, and vacation

Our client is a growing Real Estate company in Markham, ON. They are looking for a controller or director who is coming from real estate development. This position will support the current CFO and will ultimately move up to lead a significant portion of the business. As it stands now, the position will be very hands-on but will oversee a few accountants.

Reporting to the CFO, the Director of Finance and Accounting will be responsible for oversight of all finance, accounting and analysis for a portfolio of real estate assets. Working with the other senior members of the department, the Director will aid in all corporate accounting, including yearly reviews and tax planning, and reporting for certain legal entities, assist with financings for new and existing assets and be a key liaison with lenders. While the responsibilities look extensive below, this individual will manage three employees who help handle these duties. Bonus points if you have handled cashflow forecasting. You will also lead development and project accounting for certain key projects, including monthly draw process. The role will provide significant exposure to senior executives and help chart the strategic growth for the organization.

Responsibilities:

• Prepare financial statements with notes in accordance with accounting standards on a monthly/quarterly/semi-annual/annual basis as per company requirements.
• Perform cash flow analysis on an individual entity and portfolio basis Perform monthly analysis of hospitality portfolio, including benchmarking
• Assist in the preparation of detailed year end working paper files for audit or review purposes.
• Manage and prepare all lender reporting along with internal debt schedules
• Assist with new and existing financings including review, drafting and negotiations of credit agreements and working with legal counsel
• Produce portfolio metrics looking for opportunities for improvement of margins
• Manage banking relationships and assist with wire transfers and cash management
• Assist in preparing budgets and forecast as required
• Assist in reviewing due diligence materials, review of asset purchase & sale agreements for the acquisition of hospitality and real estate assets.
• Develop acquisition pro-formas and perform sensitivity analysis.
• Lead project accounting and monthly draw process for key projects
• Work with tax consultants and CFO for tax review and planning for entities
• Additional duties and responsibilities as required

Requirements:

• University degree
• Minimum of 10 years of experience in accounting and finance
• Exposure to financing, tax, acquisitions/divestitures, project accounting and year-end financials
• Strong computer skills, specifically in EXCEL
• Must come with real estate development sector experience

If you are interested in learning more about this opportunity, please apply now. Unfortunately, due to the high volume of applicants, only those individuals chosen for interview will be contacted.