SENIOR ACCOUNTANT

STRAND IS LOOKING FOR A SENIOR ACCOUNTANT

Strand is seeking an individual who is passionate about real estate, has a strong drive to be a part of a growing organization and wants to be an instrumental part of creating a lasting legacy in the urban environments that we conduct our business.

WHO IS STRAND?

Founded in Vancouver in 1976, Strand has been actively involved in a number of real estate sectors, including: the development and acquisition of multi-family garden style and high-rise apartments and condominium projects; single family land and housing developments; the development of multi-unit warehouse projects; and the acquisition of office building properties; and, the provision of mortgage financing to developers for residential and commercial developments throughout North America. While Strand has maintained a relatively low profile, consistent with the philosophy of its major shareholders and financial partners, Strand has developed an established reputation for successfully and conscientiously developing real estate. Strand is active throughout several regions in North America and has its head office in Vancouver, with regional offices in the southeastern and western United States. Strand’s active projects are comprised of over six thousand residential units in seven states and in Metro Vancouver comprising 600 condominiums and 800 rental apartments. The Metro Vancouver division, started by Mike Mackay, has established itself as a well recognized and respected developer in the region by demonstrating innovation, consistency and a commitment to building for the needs of the region’s diverse demographic composition.

WHY JOIN STRAND?

Strand’s development business is innovative, dynamic, and expanding. This is an opportunity for the successful candidate to join a team of up and coming professionals that, in a short period, have built a portfolio of business across a wide range of real estate sectors. Strand is a progressive real estate group that rewards loyalty, collaboration and ingenuity and provides opportunities for its employees to grow with the company, both professionally and financially. Similar to its financing business, Strand is exploring opportunities to expand its development activities to include projects across both Canada and the United States.

DUTIES & RESPONSIBILITIES

You will be responsible for a portfolio of real estate development entities and perform the accounting tasks as follows:

• Review payments to vendors and contract reconciliations
• Review chargebacks and intercompany billings
• Review monthly GST returns and bank reconciliations
• Review rent rolls on a monthly basis
• Review monthly financial reports prepared by property management company for rental properties
• Perform monthly budget to actual costs analysis
• Monitor project cash position and review cash forecast in conjunction with Analyst and development managers
• Preparation of monthly project progress draws, review of quantity surveyor reports and correspondence
• Preparation of project equity cash calls as needed
• Assist with preparation of reports and schedules requested by management
• Trial Balance review to ensure the integrity of accounting records
• Monitor project holdbacks, including reconciliation and release
• Facilitate issuance of Letters of Credit
• Review condo sales database and ensure accuracy of sales commissions calculations
• Reconcile purchaser deposits held in trust
• Review monthly marketing cost report
• Ensure appropriate cost allocation for phased projects
• Monitor loan maturity dates and assist with loan compliance requirements

• Prepare or review journal entries as needed
• Provide guidance to Accounting Assistants where required
• Review partnership, loan and other relevant agreements to identify key financial components
• Prepare year-end Common Area Maintenance (CAM) reconciliations for commercial properties and assist with preparation of annual operating budgets
• Prepare year-end financial statements and working papers for corporations and limited partnerships
• Draft tax returns for review by external accountants
• Create reporting templates for new projects as required
• Prepare acquisition related closing entries
• Review and maintain various accounting schedules
• Ad hoc accounting & finance related tasks, and general accounting support

Important contacts: Accounting & Finance team, Development Managers, Quantity Surveyors, Financial Institutions, Lawyers, Sales & Marketing Team, External Accountants, External Property Managers

REQUIRED SKILLS & QUALIFICATIONS

• Professional accounting designation, or close to completion
• High degree of accuracy and attention to details
• Strong analytical and organizational skills, able to multitask and work under changing priorities
• Strong interpersonal skills
• Superior communication skills, both written and oral
• Strong computer skills with proficiency in Microsoft Excel, Word and Outlook
• Experience with accounting software is an asset
• Positive energy and self-motivated
• Ability to work in a fast-paced, dynamic environment
• Efficient and effective time management, ability to meet deadlines while producing quality work
• Proactive team player as well as be able to perform independently
• Enthusiasm and genuine passion for real estate

TO APPLY

If you are interested and qualified for this position, please apply to https://stranddev.bamboohr.com/jobs. We thank all applicants for their interest however only those selected for an interview will be contacted.