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SalaryHungerford Properties is a Real Estate investment, management, and development company with millions of square feet of commercial, industrial, office, retail, and residential properties in Canada. Our mission is to create value for investors, help businesses grow, and build better neighborhoods for all.
Today, Hungerford Properties is a vertically integrated, cross-functional organization with in-house teams dedicated to Development, Property Operations, Investments, Asset Management, Finance & Accounting, Sales & Marketing, and Administration, & People & Culture.
Hungerford Properties brings sophisticated investment tools to the Canadian market and builds award-winning developments. For more than four decades, we have followed a simple strategy: buy well and add value through proactively investing, developing, and managing commercial and residential projects. The company is a collaborative and vertically integrated organization with in-depth knowledge, experience, and resources across the Real Estate spectrum. Our people are our most important asset, so we strive to create something unique, something special, and something that generates excitement for people who come into our organization.
To know more about Hungerford Properties, visit our website: https://hungerfordproperties.com/
Our Approach
We take pride in our approach to doing the work and we expect all our People to do so as well. We strive for an institutional quality operating platform, which includes process manuals, checklists, templates, and repeatable and efficient systems. We leave no stone unturned in the way we go about our work and we demand integrity in everything we do. We thrive working in a process-driven environment which gives our people the confidence to get the job done to the highest standard while minimizing risk. It is core to our operations.
Our Culture
Our company is driven by five Core Values: Ambition, Diligence, Creativity, Relationships, and Community. People joining our organization are completely aligned with these values. We target excellence and set high expectations for ourselves. Our values are integrated in our approach to the work and we strive for a culture of results, collaboration, people, and accountability.
Ambition - Seeing possibility, stretching goals to exceed expectations, and persisting with extraordinary effort when challenged.
Diligence - Taking action in one's role to remove errors, avoid pitfalls and minimize risk to produce deliverables of the highest professional standard.
Creativity - Dedicating time and energy to creative problem solving, seeking alternative and better approaches to get to the most effective, elegantly simple solutions.
Relationships - Building team with collaborative internal relationships in order to provide extraordinary service to our external relationships.
Community - Taking action to deliver lasting, meaningful impact on others' lives, and the lives of their families - whether coworkers, business stakeholders or the larger community.
Our Opportunities
We are merit-based; if a person has earned trust by doing a great job, there is the opportunity to take on greater responsibility. We are also about impact, not age or experience, so Hungerford Properties is a place where people can grow a career if motivated, ambitious and diligent. Ultimately, this is an opportunity to become part of a team dedicated to success and excellence for those ready to step up. We are a company committed to developing long-term relationships with our stakeholders, and we are looking for People who are also looking for a long-term commitment in their careers.
The typical hiring range for this position is $85,000 - $100,000 per year. The actual offered salary may vary and will depend on individual experience, qualifications, and market conditions for the role.
The Candidate and Responsibilities
The Senior Real Estate Accountant position is based out of Vancouver.
Applicants for this position will be self- motivated individuals with a high degree of initiative and will possess strong interpersonal skills, be attentive to detail, and able to build trusting relationships. The candidate will work in a team setting and will report directly to the Accounting Manager and work in conjunction with all other departments in the company.
The Senior Real Estate Accountant will be responsible for managing the monthly full cycle accounting process for a portfolio of development assets.
The main responsibilities of this role include:
- Prepare monthly financial statements and supplementary reporting as required.
- Prepare monthly journal entries, adjustments, and accruals, including closing entries for sale transactions.
- Ensure all GST and other legislated taxes and assessments are reconciled and remitted.
- Set up and maintain projects in the accounting system's job cost, including budgets, costs incurred, costs to complete, committed costs, and projected final costs.
- Monitor and review accounts payable to ensure accuracy of coding; ensure development fees are properly calculated and paid in a timely manner.
- Monitor cash position, prepare bank reconciliations, and the monthly draw package.
- Work closely with the development team throughout project lifecycle; attend project status meetings and provide financial updates such as cash needs and timing of funding.
- For projects in pre-construction phase, manage all financial aspects of the asset in its current stage, such as rent charges, tenant payments, and any further tenant administration.
- Assist in the design and implementation of processes and controls related to accounting and development activity.
- Prepare quarterly internal and external management reporting package including financial statements
- Assist in the preparation of supporting working papers and documentations for year-end audit process and tax filing process
- Assist in the year-end audit process and tax filings
- Technical accounting issue analysis for assigned properties
Competencies, Qualifications and Required Experience
- Minimum 3 years development accounting experience; minimum 2 years Real Estate accounting experience (either property accounting or development accounting)
- Canadian Chartered Professional Accountants (CPA)
- Experience using Job Cost
- Knowledge of Yardi 7s is a strong asset
- Advanced skills in MS Office (Word, Excel, PowerPoint and Outlook)
- Self-motivated and possesses a high level of professionalism
- Strong verbal and written communication skills with the ability to work effectively in an individual setting
- Ability to develop and sustain cooperative working relationships; team player
- Ability to allocate time effectively, meet tight deadlines, multiple demands and competing priorities
- Excellent work ethic and attention to detail
With every amenity, downtown has to offer within a 5 - 10-minutes walk, the seawall at your fingertips, and a state-of-the-art fitness facility in the building, our office is situated in one of the most livable cities in the world, Vancouver - Canada. If you are looking for a perfect blend of stunning natural beauty, diverse cultural experiences, and the hustle and bustle of big city life, Metro Vancouver has it all, and Hungerford Properties is located in the heart of the action.
You will enjoy our frequent team celebrations organized throughout the year with various themes such as sport, wellness, cultural activities, team buildings session, and community involvement.
Our Hiring Process
Joining a new organization is an important decision. We want to ensure our working relationship is mutually beneficial. We take our hiring process very seriously and want to provide you ample opportunities to understand our culture, our approach, our goals, and our people.
Our hiring process consists of different rounds of discussions, typically one with your hiring manager, a second one with your peers, and a final round with an executive member of Hungerford Properties. Our hiring process may include a business case assessment and psychometric testing.
Our Compensation & Benefits Philosophy
Our compensation package includes a competitive base salary, bonus, and potential LTI program. We are also pleased to offer the following benefits:
- Hybrid Workplace Environment offers flexibility to work from home and the office
- 12 weeks parental leave top-up for biological and adoptive mothers and fathers
- Paid Vacation time (minimum of 3 weeks annually)
- Paid Education Days to pursue learning and development goals
- Paid Bereavement Days
- Learning & Development policy to support course fees
- Company-wide Holiday Break in December
- Health Coverage including fully paid medical, dental, and vision care
- Health Spending Account to provide even more health coverage options
- Monthly Transportation Allowance to facilitate commuting
- HWay to Wellness Health & Wellness Programming
- Paid Volunteer Time to support our communities
Hungerford Properties is an Equal Opportunity Employer and takes pride in a diverse environment. We do not discriminate in recruitment, hiring, training, promotion, or other employment practices for reasons of race, color, religion, gender, sexual orientation, national origin, age, marital or veteran status, medical condition or disability, or any other legally protected status.
Hungerford Properties will provide reasonable accommodations for persons with disabilities in a manner that is respectful of each person's dignity up to the point of undue hardship. If you need accommodations during the hiring process, please contact the People & Culture Department.
We thank all applicants in advance but only those qualified may be contacted.
