Greystone Partners

SENIOR PROJECT ACCOUNTANT

Reporting to the Controller and VP Finance, the Senior Project Accountant will play a key role to provide reliable, timely, and efficient support and reporting for pre-development, construction, and closing projects for cost consultants, internal and external partners. The position entails preparation of monthly and annual financial statements and providing meaningful analysis on said statements. You will assist in the budgeting and forecasting process and maintain full accounting cycle for development projects.

RESPONSIBILITIES:

• Oversee the full accounting cycle for multiple development projects.

• Perform monthly calculations, reconciliations and recording of revenues, management fees, and

  interest for each project.

• Perform timely month-end close and ensure recording all pertinent transactions including

  setting up monthly accruals and properly document journal entries.

• Prepare monthly construction draws and co-ordinate with cost consultants.

• Coordinate with the operations and other teams to process monthly property financials (i.e.

  invoice coding, purchase orders, project details and variance analysis) as needed.

• Maintain ongoing analysis of project budgets on a pro forma basis from joint venture partners.

• Perform regular bank and trust deposit reconciliations.

• Set up project budgets, change orders and estimate in the accounting system, as well as

  implement control and maintenance activities.

• Prepare and process cash calls, record and reconcile project distributions/ contributions.

• Assist in cash flow reconciliations and analysis.

• Prepare internal and external partner reporting for each project including support for GL

  balances.

• Assist in monthly compliance reporting to lenders, government, and partners.

• Identify and implement process re-engineering opportunities.

• Ensure compliance with Generally Accepted Accounting Standards (IFRS and ASPE), internal

  audit and client accounting services and internal review standards.

QUALIFICATIONS:

• Bachelor’s degree in Accounting (preferred) or Finance required; CPA a plus.

• 3-5 years of accounting experience, within a real estate company experience preferred.

• Supervisory experience a plus

• Advanced accounting and analytical skills

• Experience working with project management, as well as on development and analysis of cost

  standards.

• Ability to multi-task, adapt to and operate in a fast-paced, changing environment

• Excellent verbal and written communication skills

• Must be proactive and take initiative

• Must operate with a sense of urgency, quickly responding to Stakeholders

• Must be able to maintain confidentiality, utilize judgment, and work with minimal supervision.

• Must have a professional yet personable demeanor

• Must be able to work well independently with an ability to work collaboratively with others

• Must demonstrate leadership, responsiveness, and accountability

• Must be detail oriented with strong analytical skills

• Strong working knowledge of Microsoft Excel and other spreadsheet applications required;

  experience with real estate accounting software a plus (JDE, NEWSTAR, YARDI).

• System conversion experience a plus.