Development Accountant - #195504

About Nicola Wealth:

We have a lot to be proud of at Nicola Wealth. Our sophisticated financial planning, our diversified private investment funds and their exceptional performance, our 99% client retention rate and our award-winning culture, combine to position us as a national leader in wealth management. Recognized as a Best Managed Company and one of Canada’s Top Employers, we are dedicated to upholding our firm’s values through this phase of significant growth.

By bringing together smart, dedicated and supportive colleagues from diverse backgrounds, we deliver extraordinary client service in a values-driven work environment. The collaboration, creativity and entrepreneurial spirit we were founded on provides the opportunity for you to make a real impact and build a rewarding career. We are passionate about our business, our culture and investing deeply in your growth and development to build for the future. If you have this same drive, then let’s talk!

Purpose of the Role::

This is an exciting opportunity to join a growing team within our Real Estate Finance Team. As a Development Accountant, you will be responsible for the accounting of multiple concurrent development projects within our real estate portfolios. Reporting to the Senior Manager, Real Estate Finance, you will provide professional and insightful support to both the Real Estate Finance Team, as well as the Development Management Team. If you see yourself as part of this exciting growth opportunity, we want to talk to you about joining our team.

This is an on-site role based in our Vancouver office.

Core Responsibilities:

• Prepare monthly progress draws for submission to quantity surveyors.
• Track holdbacks and holdback releases in accordance with provincial lien holdback legislation.
• Ensure development fees are properly calculated, invoiced and paid in a timely manner.
• Monitor project costs, review and explain variances.
• Maintain and reconcile monthly internal and partner proformas.
• Prepare monthly cash flow projections, including working cross functionally with various teams to provide real-time insights into changing cash flow expectations.
• Maintain the G/L, allocate job costs appropriately and pay invoices in a timely manner.
• Complete full-cycle accounting and month-end close, including bank and intercompany reconciliations for various entities.
• Maintain monthly schedules to support NAV calculations as they relate to development entities.
• Prepare and file GST returns for multiple development entities.
• Assist with preparation of working papers for annual financial statement reviews and audits.
  
  

Required Skills & Qualifications:

• Designated CPA preferred
• 2+ years of experience in property development, project, and/or cost accounting
• Familiarity with Yardi accounting software would be an asset
• Proficiency in MS Excel
• Must be legally eligible to work in Canada for any employer
  
  

Compensation & Benefits Package:

This position comes with a base salary range of $70,000 - $85,000 plus a competitive performance bonus, RRSP contribution and participation in our profit-sharing program. Base salary will be commensurate with experience, skills, and qualifications.

At Nicola Wealth, our people grow our business, delight our clients, and live our values every day. Our comprehensive compensation and benefits package reflects our appreciation for this commitment. Whether it’s participating in our profit sharing and benefit programs on day one, or the opportunity to participate in our share ownership program, our people are able to go beyond a conventional salary and bonus structure. To learn more about our complete package, visit: www.nicolawealth.com/total-rewards.

Please include both a cover letter and resume in support of your application. We are an inclusive, equal opportunity employer. For more information about this and other roles: www.nicolawealth.com/careers.

It is our priority to remove barriers to provide equal access to employment. Should you require reasonable accommodation during the recruitment process please contact us at [email protected] and we will work with you to meet your needs. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Nicola Wealth policies.

Thank you for your interest in a career with Nicola Wealth!