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Payment processor • surrey bc

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Accounts Payable Specialist

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We are seeking a meticulous and detail-oriented Accounts Payable Specialist to join our finance team.As an Accounts Payable Specialist, you will play a vital role in ensuring accurate and timely pr... Voir plus

Senior Project Accountant

Senior Project Accountant

HaysBurnaby
Il y a 2 jours
Type de contrat
  • Temps plein
  • Temporaire
Description de poste

Your newpany

A well-established developmentpany known to be one of its kind. Has been in business for a number of years with large scale projects and is known for both their construction and development projects.

Your new role

  • Monitor project costs, prepare interim and final reports, and explain/investigate variances
  • Advise on coding of project costs and prepare reallocation entries as needed
  • Build financing pro forma and manage collection of documents and reports required by lenders / QS
  • Prepare monthly bank draws and manage treasury functions for projects, ensuring sufficient funds are available to cover costs in place; manage and report on project working capital
  • Prepare and update project cash flow models incorporating forecasts from budget managers and anchor to pro forma values; attend project costs toplete meetings and provide relevant budget and cost information
  • Develop and maintain interest and financing-related KPIs, including: interest carry and capitalization metrics, project IRR and return-based indicators,pliance with lender and partner reporting requirements
  • Prepare monthly progress draws/invoices and monitor related collections for external construction contracts; initiate payment for internal progress claims
  • Review subcontracts and purchase orders for supporting documentation, coding, and approvals
  • Assist the project team in tracking specific project scopes that have special tax treatment. Advise on when tracking is necessary by reviewing project scopes and special pro forma items
  • Review project invoices for correct coding and required change orders; follow up with budget managers
  • Manage Procore/Yardi integration for respective projects, including adding vendors and syncing budgets and cost codes
  • Ensure Procore / Yardi workflows are set up with correct individuals
  • Review current contract balances with budget managers in conjunction with forecasts and advise on potential change orders required
  • Holdback and prompt-payment management for vendors
  • Review and understand project contracts (construction contract, JV agreement, lending agreements, development management agreement, etc.); enforce contractual terms with project teams and identify gaps in management
  • Lead the preparation, review, and delivery of monthly, quarterly, and ad hoc financial reporting packages for external partners, joint venture partners, and lenders, including legal documentation for distributions and P-notes.
  • Create, maintain, and update job records for new and existing projects
  • Ensure uploaded budgets align with approved project proformas
  • Advise on insurance values for GC projects
  • Monitor letters of credit and bonds requested by the project team
  • Provide support / training to support groups for financial systems

What you'll need to succeed

  • Experience in construction and development project accounting, with demonstrated exposure to external partner and lender reporting
  • An understanding of construction financing requirements, interest mechanics, and covenant reporting.
  • Capacity to connect with construction and development teams, understand their perspectives andmunicate effectively with an operational mindset
  • Excellent interpersonal skills with a natural inclination for collaboration
  • An organized self-starter with a strong work ethic who can succeed both independently and collaboratively within a team environment
  • Proactively design and implement process improvements that enhance accuracy, efficiency, and consistency across project reporting, interest calculations, and financing metrics
  • Able to be flexible and manage multiple objectives, likely withpeting priorities
  • Strong attention to detail balanced with an awareness of the bigger picture
  • University degree and accounting designation (CA, CPA, CGA, CMA) or in progress
  • Strong understanding of GAAP, REALpac and financial reporting
  • Intermediate to advanced knowledge of MS Office
  • Experience with Yardi ERP and Procore project management software is an asset

What you'll get in return

You will gain apetitive salary of $95k — $105k, RRSp, vacation, benefits, exceptional individual and team performance through our pay-for-performance bonus program.