Established 30 years ago, Westbank is private real estate development practice, headquartered in Vancouver, Canada. We are dedicated to the creation of inspiring, mixed-use projects, concentrating primarily in our core cities of focus: Vancouver, Toronto, Seattle, Tokyo and San Jose. Our body of work includes residential, hotels, retail, creative workspace, district energy, net zero carbon initiatives, affordable housing, exhibitions and public art, with over $50B of projects completed or under development. As our practice has evolved, we have assembled a collection of cultural enterprises including restaurants, gyms, spas, music venues, private member clubs, fashion, dance schools and food halls, known as the Westbank Ecosystem, which we weave throughout our projects. We bring this ecosystem to life through collaborations with some of the most talented artists, architects, designers and entrepreneurs in the world.

Westbank is looking for a Real Estate Development Accountant to be responsible for various high profile multi-use construction tower projects, both in Vancouver and across Canada. Reporting to the Manager of Development Accounting, the successful candidate will be responsible for a wide variety of accounting related functions.

Job Duties & Responsibilities:

• Prepare and maintain monthly proformas, bank draws, budgets & forecasts
• Ensure budget re-allocations are completed, liaison with development team to ensure all in agreement with allocations
• Liaison with Project QS providing draw information and reviewing draft reports
• Liaison with the bank regarding all information required for bank draws
• Inform project managers of any budget overages
• Review all hard cost construction draws
• Liaison with Hard Cost accountant as appropriate
• Prepare cash calls as required
• Issue billing as required
• Prepare cash flow, projecting cash requirements through the remaining project
• Ensure adherence by consultants of all insurance requirements
• Maintain strong financial controls and processes
• Administer all costing pool allocations for mixed use projects
• Prepare monthly bank recs, working papers and financial statements
• Review all contracts and commitments for assigned projects
• Liaison with partners regarding all financial information
• Review all working papers and liaison with external accountants if necessary
• Ensure adherence to all financial corporate governance requirements per separate partnership agreements
• Issue Ad Hoc financial reports when necessary
• Be able to question project costs and ensure their accuracy and validity

Qualifications:

• Post-Secondary Degree and current enrolment in CPA program or completed
• Minimum 2 years’ directly related accounting experience
• Experience in the Real Estate industry is an strong asset
• Experience with complex budgets, forecasting, internal transactions and executive presentations
• Superior attention to detail and organizational skills
• Extensive computer knowledge, including Excel & Sage 300
• Thrives working in a busy, high volume environment
• Ability to handle conflicting deadlines and prioritize

Salary:
$65,000 - $85,000 per year, dependent on experience

Email your application to employment@westbankcorp.com