Senior Project Accountant, Burnaby
Senior Project Accountant, Burnaby
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Burnaby, Canada
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Last edited: less than a week ago
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Description
Overview At Beedie, we foster talent, encourage innovation, and reward success.
We're always looking for like-minded people to join our team and share our passion for doing the best work of our lives. Our approach is simple: we work hard, we have fun, and we make a difference. We have been recognized as a top employer provincially and nationally. Our people are the heart and soul of our organization. If you are passionate, hardworking, ambitious, and want to be part of a dynamic and growing company that will take your career forward, join us.
Key Responsibilities– Project Focused
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 proforma and manage collection of documents and reports required by lenders / QS
Prepare monthly bank draws and manage treasury function for project 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 proforma values; attend project cost to complete 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, compliance 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 project team in tracking specific project scopes that have special tax treatment. Advise on when tracking is necessary by reviewing project scopes and special proforma 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 to 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 project team
Provide support / training to support groups for financial systems
Key Responsibilities– Financial Reporting
Responsible for all Ontario projects
Prepare and review year-end files, ensuring audit-ready documentation and consistency with external reporting packages
Prepare project and entity financial statements, ensuring clear linkage between project reporting, general ledger, WIP, equity, and partner reporting
Prepare and deliver reporting to institutional partners for JV and development management arrangements
Prepare monthly and quarterly financial reports for internal and external stakeholders
Manage and maintain project trial balances and reconcile GL and WIP
Maintain the integrity of the general ledger for Land Development, Construction, Development and third-party development management projects
Prepare audit information and support related to Construction and Development transactions
Review SOA's and prepare JE's to record strata sales and construction revenue&cost of sales. Prepare entries to capitalize lease assets to various asset classes
Desired Skills and Experience
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 and communicate 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 with competing 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
$95,000 - $105,000 a year
The annual base pay range for this position will be based on the desired experience level for this role. Additionally, Beedie recognizes exceptional individual and team performance through our pay-for-performance bonus program. Factors that contribute to pay decisions include: relevant business and candidate factors such as market location, education, job-related knowledge, skills, experience, and organizational needs.
The base salary and bonus are just a few key components of the overall compensation at Beedie. We also provide generous learning and development support, comprehensive group health benefits, vacation, maternity leave top-up, RRSP matching, paid time for volunteering, and more...
We value your interest in Beedie. While we can only respond to shortlisted applicants, we will keep your information on file and consider you for future opportunities as they come available.
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.
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We're always looking for like-minded people to join our team and share our passion for doing the best work of our lives. Our approach is simple: we work hard, we have fun, and we make a difference. We have been recognized as a top employer provincially and nationally. Our people are the heart and soul of our organization. If you are passionate, hardworking, ambitious, and want to be part of a dynamic and growing company that will take your career forward, join us.
Key Responsibilities– Project Focused
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 proforma and manage collection of documents and reports required by lenders / QS
Prepare monthly bank draws and manage treasury function for project 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 proforma values; attend project cost to complete 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, compliance 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 project team in tracking specific project scopes that have special tax treatment. Advise on when tracking is necessary by reviewing project scopes and special proforma 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 to 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 project team
Provide support / training to support groups for financial systems
Key Responsibilities– Financial Reporting
Responsible for all Ontario projects
Prepare and review year-end files, ensuring audit-ready documentation and consistency with external reporting packages
Prepare project and entity financial statements, ensuring clear linkage between project reporting, general ledger, WIP, equity, and partner reporting
Prepare and deliver reporting to institutional partners for JV and development management arrangements
Prepare monthly and quarterly financial reports for internal and external stakeholders
Manage and maintain project trial balances and reconcile GL and WIP
Maintain the integrity of the general ledger for Land Development, Construction, Development and third-party development management projects
Prepare audit information and support related to Construction and Development transactions
Review SOA's and prepare JE's to record strata sales and construction revenue&cost of sales. Prepare entries to capitalize lease assets to various asset classes
Desired Skills and Experience
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 and communicate 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 with competing 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
$95,000 - $105,000 a year
The annual base pay range for this position will be based on the desired experience level for this role. Additionally, Beedie recognizes exceptional individual and team performance through our pay-for-performance bonus program. Factors that contribute to pay decisions include: relevant business and candidate factors such as market location, education, job-related knowledge, skills, experience, and organizational needs.
The base salary and bonus are just a few key components of the overall compensation at Beedie. We also provide generous learning and development support, comprehensive group health benefits, vacation, maternity leave top-up, RRSP matching, paid time for volunteering, and more...
We value your interest in Beedie. While we can only respond to shortlisted applicants, we will keep your information on file and consider you for future opportunities as they come available.
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.
#J-18808-Ljbffr
Highlights
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Company nameBeedie
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Job positionSenior Project Accountant
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Senior Project Accountant has been posted in the Burnaby Accounting, Financing & Banking category on Locanto.
If you’re looking for something similar, check out Operations Analyst (12-month contract), Vancouver, Investment Analyst, Vancouver or Client Services Analyst in Vancouver, also posted in Accounting, Financing & Banking. In total, we have 10 ads in Accounting, Financing & Banking in Burnaby on Locanto classifieds.
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