01 Aug
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Parkbridge Lifestyle Communities
|
Toronto
01 Aug
Parkbridge Lifestyle Communities
Toronto
About Parkbridge Lifestyle CommunitiesParkbridge Lifestyle Communities is Canada’s leading developer and owner/operator of 90 residential and resort communities in six provinces from coast to coast. Parkbridge enriches the lives of Canadians by enabling couples to buy their first home sooner, seniors to downsize and enjoy a more carefree retirement, and families to vacation at RV resorts that benefit from activity programs and included amenities. An operating platform of QuadReal Property Group, Parkbridge manages and continually invests in the properties it owns and operates, creating a longstanding relationship with our customers and vibrant communities with quality amenities.About QuadReal Property GroupQuadReal Property Group is a global real estate investment, operating and development company headquartered in Vancouver, British Columbia. Its assets under management are $94 billion. From its foundation in Canada as a full-service real estate operating company, QuadReal has expanded its capabilities to invest in equity and debt in both the public and private markets. QuadReal invests directly, via programmatic partnerships and through operating platforms in which it holds an ownership interest. QuadReal seeks to deliver solid investment returns while creating sustainable environments that bring value to the people and communities it serves. Now and for generations to come.Role DescriptionReporting directly to the SVP, Development - Finance, the Sr. Manager, Development Accounting oversees a team of Development Accountants and ensures the delivery of accurate financial information without material misstatements. The position requires experience in real estate accounting, with emphasis on project development, LP structures, and complex real estate transactions, including single family housing and multi-phased community projects. The role is responsible for managing the accounting team overseeing Parkbridge Development projects. The Sr. Manager provides financial and technological oversight to current and new staff, acts as a business partner to the QR Development Team and external Development Partners, and facilitates training on systems, tools, and QR processes. The position incorporates analysis and coordination across the Accounting, Finance, and Development teams.Responsibilities Include But Are Not Restricted ToManagement & ReviewProvide monthly reporting (both verbal and written) to internal and external partners, identifying issues, KPI’s, costing updates and cash flow projectionsPlan 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 demandsOversee the accounting team, providing leadership and guidance in all aspectsReview monthly project draws and financial statements prepared by the accounting teamReview and provide accounting support for all major contracts encompassing organizational structure, governance, development, marketing, financing and property managementAccountingOversee the preparation of all monthly accounting reports, proformas, bank draws, budgets & forecasts, including all supporting working papersSet accounting standards, policies, procedures and controls for all accounting functionsMaintain all short term and long term cash flow projections, obtaining financing from partners, lending institutions and others in an efficient and timely mannerAdminister 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 house building and complex multi phased development projectsCommunicationCoordinate activities and expectations with both internal and external partners, including development, finance, marketing, sales, property management, leasing, administration and accounting departmentsProvide support to the finance departments for both internal and external partnersPrimary liaison for all accounting related consultants, including auditors, tax advisors, legal support, CRACoordinate all accounting related activities of construction management teams, whether internally or externally operatedWork directly with project managers, development accountants, finance analysts, project coordinators and development managers to understand and maintain budget analysis and cost overagesOtherEnsure adherence by consultants of all insurance requirementsCoordinate annual audit requirements, banking reporting and otherAdhere to all financial, legal and international (where required) governance requirements per separate partnership/joint venture agreements,
government regulations and legal responsibilitiesRequired Experience And QualificationsPost-Secondary Degree and CPA designatedMinimum 5+ years’ directly related accounting experience with a minimum of 2 years in a Sr. Manager level positionExtensive experience within the Real Estate industry, particularly in accounting for complex multi-phased project developmentsExperience with complex budgets, forecasting and executive presentationsSuperior communication skills, both written and oralSuperior attention to detail and organizational skillsExtensive computer knowledge, including ExcelPreference in knowledge in YardiThrives working in a busy, high volume challenging environmentAbility to handle and prioritize conflicting deadlines from various sourcesThis job posting is for an existing vacancy within our organization.The expected annualized base salary range for this role is $120,000-$130,000.HybridThe actual salary offered will take into consideration a wide array of factors including, but not limited to, the individual’s skill, experience, education and training, the market compensation of the role, and the consideration to internal equity.We value diverse experiences and perspectives. Even if your skills don’t align 100% with the listed qualifications or salary range, we encourage you to apply – you may be a great fit for this role or others in our community. Applicants may also be considered for alternative positions within the organization where their qualifications and experience align more closely with available opportunities.We use artificial intelligence (AI) technology — alongside human review — to assist in screening and assessing applicants for this position. Our recruitment team remains involved in all decisions.Note to Recruiters: QuadReal and Parkbridge do not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to QuadReal, directly or indirectly, will be considered QuadReal property. QuadReal will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for engaged services to submit resumes.QuadReal Property Group will provide reasonable accommodation at any time throughout the hiring process for applicants with disabilities or for those needing job postings in an alternate format. If you require accommodation, please advise the Talent Acquisition team member you are working with and include the following: Job posting #, your name and your preferred method of contact.#J-18808-Ljbffr
📌 Senior Manager, Development Accounting - C$120,000 - C$130,000 A Year (Toronto)
🏢 Parkbridge Lifestyle Communities
📍 Toronto