About QuadReal Property Group
QuadReal Property Group is a global real estate investment, operating and development company headquartered in Vancouver, British Columbia. Its assets under management are $85 billion. From its foundation in Canada as a full-service real estate operating company, QuadReal has expanded its capabilities to invest in equity and debt in both the public and private markets. QuadReal invests directly, via programmatic partnerships and through operating platforms in which it holds an ownership interest.
QuadReal seeks to deliver strong investment returns while creating sustainable environments that bring value to the people and communities it serves. Now and for generations to come.
QuadReal: Excellence lives here.
www.quadreal.com
Role Description – Portfolio Accountant
Reporting directly to the Controller, the role of the Portfolio Accountant at QuadReal Property Group is to assist in the accounting and reporting for the Portfolio Accounting group. The successful Portfolio Accountant takes full ownership of their portfolio including both technical and non-technical aspects.
The Portfolio Accountant would need to manage time effectively between different streams of work (separate portfolios) with competing deadlines.
Responsibilities
• Assistance in the compilation of the financial information including quarterly IFRS compliant combined financial statements.
• Prepare quarterly management reporting on fund performance and other key performance indicator, and conduct budget to actual variance analysis
• Preparation of quarterly internal and external financial reports including net asset values, NOI, CapEx, and debt service costs
• Preparation and reconciliation of quarterly fund return calculations
• Maintenance of the portfolio level general ledger including recurring journal entries (consolidation entries, accruals, fund holder contributions and distribution), and balance sheet reconciliation
• Maintenance of the financial records for intercompany transactions, contributions, distributions, legal and tax compliance.
• Prepare quarterly entity financial statements for loan compliance purposes
• Understanding, documenting, and recording complex transactions including acquisitions, dispositions, debt issuances and fair value adjustments.
• Coordination with other functional groups (ex Investment Management, Operating accounting groups, Treasury, Tax, Legal etc.) to ensure efficient, timely and accurate reporting.
• Consolidate annual budgets for income producing properties and development projects into portfolio level forecast reporting.
• Assistance with year-end audit
• Assistance with third-party communication and reporting
• Processing cash calls/distributions
• Assistance with ad-hoc and ongoing projects
Experience and Qualifications:
• Enrolled in mid-level of the CPA program
• 2+ years related experience in accounting/financial analysis.
• Advanced skills in Excel & Word. Yardi accounting system experience would be helpful.
• Ability to allocate one's time effectively, work under pressure and manage deadlines; ability to handle multiple demands and competing priorities; willingness to learn and adapt to changes in a dynamic environment; organized; detail-oriented and a self starter.
• Strong analytical skills; can identify and analyze problems, and escalate to management
• Resolves issues in a timely manner on daily responsibilities.
• Excellent communication skills both oral and written
• Strong relationship building skills; able to develop and sustain cooperative working relationships and work with all types of personalities; able to exercise confidentiality and places a priority on client service.
The expected annualized base salary range for this role is $70,000 - $76,000
The actual salary offered will take into consideration a wide array of factors including, but not limited to, the individual’s skill, experience, education and training, the market compensation of the role, and the consideration to internal equity.
QuadReal offers a competitive total rewards package in addition to the base pay, which includes a performance-based incentive plan, comprehensive health & dental benefits, a defined contribution pension plan and paid time off.
Note to Recruiters: QuadReal does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to QuadReal, directly or indirectly, will be considered QuadReal property. QuadReal will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for engaged services to submit resumes.
QuadReal Property Group will provide reasonable accommodation at any time throughout the hiring process for applicants with disabilities or for those needing job postings in an alternate format. If you require accommodation, please advise the Talent Acquisition team member you are working with and include the following: Job posting #, your name and your preferred method of contact.
