Accounting Manager, Reporting

Vancouver, BC, Canada

Reports to Senior VP Finance & HR

Full Time

About Keltic 

Canada is a leading entrepreneurial and well-established real estate development company known for successful building and construction in British Columbia. Commitment, integrity and performance are hallmarks of our company having recently completed various projects such as Paramount, Coco, and Park West. In addition to our master-planned communities, we are in the construction and planning stage of projects encompassing commercial, mixed use and residential projects, with potential build out of over 2,000 residential units and 1 million square feet of commercial space.

About the Role

To manage the accounting, reporting and compliance function at Keltic on a need basis. Liaise with our internal clients and external partners (including lenders), ensuring timely, accurate reporting and proper internal and external communication with key partners and stakeholders.

Jointly with the accounting team, prepare the company for future IPO (within 3-4 years); corporate governance and reporting perspectives in the targeted listing jurisdictions.

Maintain good corporate governance and internal control practices, strengthen budgeting and cost control processes and effectiveness.

Qualifications & Requirements

General Functions:

  • Work with existing accountants to produce the monthly reports and timely closing of the reporting cycle; set cut-off schedules to meet reporting objectives.

  • Prepare quarterly, if not monthly consolidation of group accounts.

  • Responsible for the preparation of year-end financial statements and liaising with related audits.

  • Remain up-to-date and aware of business operation developments and financial status changes.

  • Provide ad-hoc financial analysis and support to the Senior Management Team (“SMT”) and owner as required/needed.

  • Assist management in applying for loans and financing facilities.

Functional Responsibility

  • Suggest, implement, and supervise internal controls. Consistently improve to suit business needs.

  • Prepare, review, and sign off AJE/GL posting for finalizing of accounts.

  • Manage the preperation of the operation and project cash forecasts, manage securities and LC's, ensuring budgets and funding plans are supported.

  • Lead the preperation of year-end accounts and audits; supervise property tax assessments, confirm amounts with appraisers.

  • Ad hoc analysis and reporting to SMT and Owners.

  • Prepare monthly investor/partners communication packages.

  • Prepare new loan conditions precedent packages to banks/lenders.

  • Set up new group companies in sa sturcture which suits the growth needs and tax planning purposes.

  • Participate in contract negotiations with suppliers and contractors relating to terms of contract.

  • Participate in preparing project proformas and review to assist management in appraising projects/opportunites. [Optional, but not a must]

  • Oversee Corporate Cost Reports, exercise controls over budget approval, change order, and budget overruns. [Optional, but not a must]

Key Deliverables:

Monthly, and/or, quarterly financial statements, bank/lender & Investor packages, Senior Management Team (SMT) presentations, monthly cash budget updates; budget variance anlaysis, Equity/LP Partners contribution and distribution statement, and weekly flow forecast.

Key Interactions Point:

Accounting Staff, Construction PMs, Development Managers, VPs, Senior Management Team, lenders, and investors.

Job Qualifications:

Experience: 8+ years as a Manager in corporate accounting at a real estate development company. Financing and borrowing experience is a plus, but not a must.

Education: Collage, or major in Accounting; a Canadian CPA/CGA is a must.

Compentencies: Ability to work according to deadlines; ability to interact with different functions and strong interpersonal skills. Have a good understanding of corporate taxation governance practifces.