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Senior Financial Accountant

Vaco

Vaco

Accounting & Finance, Sales & Business Development
Toronto, ON, Canada
CAD 90k-100k / year
Posted on Apr 18, 2025

Senior Financial Accountant POST NUMBER: 443747

Toronto, ON, CA Hybrid
April 17th, 2025
Construction
Vaco
$ 90000.00 - 100000.00 yearly
direct hire
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About the Company

Our client is a real estate developer. They are looking for a Senior Financial Accountant to join their team!

Why Work Here

  • Opportunities for future growth
  • Fantastic employer who is actively involved in the prosperity and development of local communities in the GTA.

About the Opportunity

Year-end audit:
  • Prepare year-end audit files: providing financial statements, reconciliations and working papers
  • Answering auditor’s queries
  • Assist in preparation of consolidation Financial Statements for Limited Partnership
  • Prepare tax estimate annually

Budgets:
  • Initial budget setup using budget proforma
  • Monthly maintenance and finalizing of construction budgets for an assigned portfolio
  • Preparation of month end accounts reconciliations as well as intercompany reconciliations

Bank Draws:
  • Provide information for initial Bank Loan Application
  • Prepare documents for bank draws monthly
  • Coordinate with cost consultants, project managers, banks to satisfy all requirements
  • Responsible for cash management – month end and daily cash requirements
Sales:
  • Maintain sales schedule
  • Prepare schedule tracking mortgage confirms, deposits, purchase and sale agreements for the banks financing purposes
  • Responsible for Tarion Registration
  • Confirm and approve statement of adjustments received from lawyers
  • Approve upgrade letters sent to Purchasers
  • Reconciling upgrades/incentives
  • Follow up with deposits returned/NSF cheques
  • Prepare and book sales journal
  • Manage closing funds
General:
  • Bank reconciliations
  • Preparation of HST returns and analysis of accounts
  • Answering CRA auditor’s queries
  • Maintenance of general ledger – reconciliation and analysis of accounts
  • Providing information and forms for T5's and T5018's

About You
  • Over 5 years of experience as a Financial Accountant in the Real Estate Development industry
  • In progress or completion of University Degree or College Diploma in Finance, Economics or Accounting is required
  • CPA designation or final level of CPA is required


Salary Range
$90,000 - $100,000/year depending on candidate experience

How to Apply
Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.
When referencing this job, quote #443747

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.

Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

EEO Notice

Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .

Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.

By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies.

  • California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
  • Virginia residents may access our state specific policies here.
  • Residents of all other states may access our policies here.
  • Canadian residents may access our policies in English here and in French here.
  • Residents of countries governed by GDPR may access our policies here.

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:

  • the individual’s skill sets, experience and training;
  • licensure and certification requirements;
  • office location and other geographic considerations;
  • other business and organizational needs.

With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.

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