Job Description

Company: Canada Lands CompanyLocation: 1075 West Georgia Street, Vancouver, BC V6E 3C9Employment Status: Employee (Full-Time)Hiring Range: $75,160 to $85,000Please submit your application by February 10, 2025 at 4:00 pm EST.Short SummaryThe Regional Accountant provides accounting, budgeting, financial review and analysis support to the Regional Real Estate Team as well as assisting the Corporate Accounting Team with accounting and finance related tasks (e.g. month end, quarter end and year end audit support, ad-hoc financial analysis, special projects/initiatives).FINANCIAL ANALYSIS AND REPORTING

• Supports the Real Estate Team in reporting financial information for the regional properties (development and rental operations), including preparation of project budgets, project proformas and other reporting as required.
• Records details of all financial transactions for the regional properties into the general ledger for monthly and quarterly reporting. This may include invoicing, cash receipts, accounts payable processing, land sales (revenue recognition & cost of sales), overhead allocations and capitalization, and journal entries.
• Supports Head Office quarterly and annual reporting by providing the necessary supporting schedules related to the respective regional property portfolio.
• Provides monthly, quarterly, and year end reporting and analysis to real estate and finance, including variance analysis, general ledger reconciliations, and various reports including job cost reports, contract listing reports, capex reports, commitment reports, sales and acquisition reports and LC reports.
• Prepares Joint Venture Reporting and budgeting, analysis, invoicing and reporting including monthly financial statements (where applicable) and attend JV partner meetings as required.

ANNUAL BUDGETS/CORPORATE PLAN

• Assists the Regional Real Estate Team in preparing the consolidated budget package including the summary and detailed reports (proforma/budget update, variance analysis etc.) to support the five -year Corporate Plan for the CFO, EVP, and the Regional Management Team.
• Accountable for complete and accurate data being imported into JDE for all of their assigned business units to support the Corporate Plan preparation.
• Participates in the Annual Project Budget meetings alongside the regional real estate team.

COMMITMENT MANAGEMENT AND PAYMENT ADMINISTRATION

• Responsible for ensuring that all commitments for the portfolio are set-up and maintained in accordance with company policy. This includes preparing/reviewing the commitment and ensuring all appropriate documentation has been provided.
• Checks extension/coding of the invoices and verifies related backup documents.
• Prepares payment request forms for the project and office costs.
• Obtains approval within the delegated signing authorities, as it relates to payment processing of invoices.

REVENUE MONITORING
Rental Operations

• Provides oversight, through review and analysis of the monthly reporting for operating activities that are outsourced to third party managers. This includes leasing activities that are managed by a third party property manager and other business activities. Liaise as necessary with the property managers to ensure accurate and timely reporting.

Development Operations

• Records all Land Sales, including review of sales agreements, statement of adjustments, cash receipts, and ensuring all transactions are recorded in agreement with accounting policies.
• Prepares and records all bank deposits for their projects.

Qualifications

• Post-secondary degree or diploma in business, finance or accounting required.
• Professional accounting designation required (CPA).
• Minimum of five to seven years of progressive accounting experience required.
• Experience in real estate and land development accounting preferred.
• Thorough understanding of IFRS required.
• Advanced Microsoft Excel skills required.
• Knowledge of JD Edwards and Insight computer systems and software, an asset.

Working ConditionsAble to work under pressure to meet tight deadlines, conflicting demands, frequent interruptions, and heavy work loads.Working in an office environment.Light to infrequently moderate physical effort; Requires handling of light and moderate weight objects including office equipment and other office supplies.WHAT WE DOCanada Lands Company is a self-financing, federal Crown corporation that specializes in real estate, development and attractions management. The company's goal in all it does is to produce the best possible benefit for Canadian communities and the Government of Canada. Canada Lands Company works to achieve its mandate with industry leading expertise; the company prides itself on its consultation based approach to pursuing community-oriented goals, environmental stewardship and heritage commemoration with all its projects across Canada.The company's activities ensure that former government properties are redeveloped or managed in accordance with their highest and best use, and that they are harmoniously reintegrated into local communities. Our goal is to help transform surplus parcels and reshape them to meet the needs of Canadians with inspiring and sustainable new neighbourhoods in which they can live, work and play.Canada Lands Company CLC Limited is an equal opportunity employer that is committed to inclusive, barrier-free recruitment and selection processes. In accordance with the Accessibility for Ontarians with Disabilities Act, 2005 and the Ontario Human Rights Code, Canada Lands Company is proud to provide employment accommodation during the recruitment, selection and/or assessment processes. Should you require an accommodation, please inform us as soon as possible and we will work with you to meet your accessibility needs.

Canada Lands Company