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Vancouver, British Columbia · Administrative
Development Accounting
Real Estate Developer
Vancouver, BC
$135,000 - $155,000 + Bonus + Pension

Reporting directly to the SVP, Development - Finance, the Controller, Development Accounting is responsible for adding value to operations by leading a team of Development Accountants and ensuring that they are providing meaningful financial information that is professional, accurate and free of material misstatements.  The individual must have strong real estate accounting experience, primarily in project development, LP structures, and complex real estate development transactions and is adaptable to a regular set of challenges that only exists in multi use, multi tower, multi year development projects.

Controller, Development Accounting Duties & Responsibilities:
Management & Review
  • Provide monthly reporting (both verbal and written) to internal and external partners, identifying issues, KPI’s, costing updates and cash flow projections
  • Plan an organizational structure for the accounting staff, assembling a team that will perform all accounting for the development, maintaining flexibility and efficiency to adapt to regular changes and demands
  • Oversee the accounting team, providing leadership and guidance in all aspects
  • Review monthly project draws and financial statements prepared by the accounting team
  • Review and provide accounting support for all major contracts encompassing organizational structure, governance, development, marketing, financing and property management
  • Oversee the preparation of all monthly accounting reports, proformas, bank draws, budgets & forecasts, including all supporting working papers
  • Set accounting standards, policies, procedures and controls for all accounting functions
  • Maintain all short term and long term cash flow projections, obtaining financing from partners, lending institutions and others in an efficient and timely manner
  • Administer all costing pool allocations for mixed use projects (specific invoice/contract allocations, overall net yield allocations)
  • Experience in utilizing the net yield method to allocate costs within a complex multi use development project
  • Coordinate activities and expectations with both internal and external partners, including development, finance, marketing, sales, property management, leasing, administration and accounting departments
  • Provide support to the finance departments for both internal and external partners
  • Primary liaison for all accounting related consultants, including auditors, tax advisors, legal support, CRA
  • Coordinate all accounting related activities of construction management teams, whether internally or externally operated
  • Work directly with project managers, development accountants, finance analysts, project coordinators and development managers to understand and maintain budget analysis and cost overages
  • Ensure adherence by consultants of all insurance requirements
  • Coordinate annual audit requirements, banking reporting and other
  • Adhere to all financial, legal and international (where required) governance requirements per separate partnership/joint venture agreements, government regulations and legal responsibilities

Controller, Development Accounting Qualifications: 
  • Post-Secondary Degree and CPA designated
  • Minimum 10 years’ directly related accounting experience with a minimum of 2 years in a Controller level position
  • Managed a minimum of 3 accounting staff
  • Extensive experience within the Real Estate industry, particularly in accounting for complex multi-use project developments
  • Experience with complex budgets, forecasting and executive presentations
  • Superior communication skills, both written and oral
  • Superior attention to detail and organizational skills
  • Extensive computer knowledge, including Excel
  • Preference in knowledge in JD Edwards
  • Thrives working in a busy, high volume challenging environment
  • Ability to handle and prioritize conflicting deadlines from various sources

Controller, Development Accounting Salary
$135,000 - $155,000, Bonus, RRSP Match Program, Extended Benefits, Growth Opportunities, Flexible work environment, Continuous training and development

Controller, Development Accounting Similar Job Titles:
Senior Manager, Development Accounting

Senior Director, Development Accounting
Manager, Development Accounting
Development Accountant
Development Accounting
Director, Development Accounting 

Apply below
Only applicants with the legal right to work in Canada can be considered for this opportunity.

We thank all those who express interest in this opportunity however only those short-listed we be contacted.



Thank you for your interest in this job posting.

We look forward to hearing from you.

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