Development Accountant

Are you an experienced Development Accountant looking to join a dynamic team in the heart of Vancouver, BC? We are seeking a highly motivated and detail-oriented professional to join our organization as a Development Accountant. In this role, you will play a crucial role in our real estate development projects, ensuring accurate financial tracking and reporting to support our growth and success.

Responsibilities:

1. Financial Tracking: Maintain accurate financial records for various real estate development projects, including but not limited to, acquisition costs, construction costs, project-related expenses, and revenues.
2. Project Budgeting: Collaborate with cross-functional teams to develop project budgets and financial forecasts. Monitor budget versus actual performance, identifying discrepancies and taking corrective actions as necessary.
3. Cost Allocation: Allocate project costs to appropriate categories and accounts, ensuring compliance with relevant accounting standards and regulations.
4. Month-end Close: Assist in the month-end and year-end close processes by preparing necessary journal entries, reconciliations, and accruals related to development projects.
5. Financial Reporting: Prepare accurate and timely financial reports, including project-specific profit and loss statements, balance sheets, and cash flow projections. Provide financial analysis and insights to inform decision-making.
6. Variance Analysis: Analyze financial performance against budgeted expectations and previous periods, identifying key drivers of variance and presenting findings to management.
7. Audit Support: Assist with internal and external audits by providing documentation, explanations, and supporting schedules related to development accounting activities.
8. Collaboration: Work closely with project managers, construction teams, and finance colleagues to gather information, resolve issues, and contribute to the overall success of development projects.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field.
• Minimum of 2 years of dedicated Development Accounting experience (industry experience required)
• Proficiency in Microsoft Excel and other accounting software systems.
• Strong understanding of real estate development processes, including cost allocation and project tracking.
• Detail-oriented with exceptional organizational and analytical skills.
• Excellent communication skills, both written and verbal.
• Ability to work independently and as part of a team in a fast-paced environment.
• CPA designation or in-progress is a strong asset
• Experience with real estate software systems (Yardi, Procore, etc.) is advantageous.

• Job ID / No. du Poste: 32731
• Open Positions / Postes Ouverts: 1