STRAND IS LOOKING FOR A SENIOR ACCOUNTANT – TEMPORARY POSITION
Strand is seeking an individual who is passionate about real estate and has a strong desire to be a part of a growing organization that is creating a legacy of successful projects in urban environments across North America.
This position is a temporary, full time role commencing July 1, 2024 until October 2025.
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 apartments and condominium projects, single family land and housing developments, the development of multi-unit warehouse projects, the acquisition of office building properties, and the provision of mortgage financing to developers for residential and commercial developments across Canada and the United States. While Strand has maintained a relatively low profile, consistent with the philosophy of its major shareholders and financial partners, Strand has acquired, developed, and financed over 23,000 homes while consistently maintaining its reputation for thoughtfully and successfully developing real estate. Strand is active throughout several regions, with its head office, located in Vancouver and an office in the western United States. Strand's active projects are comprised of over six thousand residential units and, in Greater Vancouver, Strand is developing over thirty-four hundred homes (fourteen hundred condominiums and two thousand rental apartments), along with over one million three hundred thousand square feet of employment generating space (retail/office/light industrial).
Strand's development platform has established a reputation as a well-recognized and respected developer in the region by demonstrating a commitment to innovation, quality, and building for the needs of the region's diverse and evolving 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 professionals in an inclusive and collaborative environment that fosters professional development and success. Strand is a progressive business that prioritizes culture and rewards entrepreneurial spirit and ingenuity while providing opportunities for its employees to grow with the company, both professionally and financially. Strand has “Deep Roots and Big Plans”.
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 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
- 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
- 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
- Post-secondary degree/diploma in Finance, Accounting or Business Administration
- Accounting designation (or working towards) is an asset
- 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
BENEFITS
Strand is proud to foster a culture of collaboration, innovation, growth, and the betterment of all those who dedicate themselves to the realization of its objectives. True to the company's nature as a “family of professionals”, we are committed to making continued investments in our people. Strand provides a very competitive compensation structure and benefits package that includes the following:
- Generous Extended Health and Dental Plan
- Professional Development, Mentorship and Education Programs
- Strand Employee Wellness Program exceeding industry standard
Salary Range: $80,000 - $100,000 per annum (Actual salary offered will be commensurate with education and experience).
HOW TO APPLY
If you meet the above qualifications and are interested in this role, please send a cover letter along with your resume to https://stranddev.bamboohr.com/jobs. While we thank all candidates for their interest, only selected individuals will be contacted.