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Real Estate Accountant - Treasury

Real Estate Accountant - Treasury

GWL Realty AdvisorsWinnipeg, MB
30+ days ago
Salary
CA$95,000.00 yearly
Job description

About GWL Realty Advisors

GWLRA is a leader in both the commercial and multi-residential real estate industries. Driven by our values of Integrity, Ambition, Creativity, and Empathy, our vision is to be a sustainable company known for exceptional real estate management, trusted advice, and outstanding service by consistently fulfilling our mission to deliver strong, long-term results for our clients.

Working in a collaborative team-based environment, the Real Estate Accountant, Treasury will be performing daily and monthly tasks and completing reporting deliverables of the Treasury group.

This position will be responsible for performing daily treasury and cash management functions. Preparation of banking activity reports identifying issues from all GWLRA managed bank accounts, for internal and external clients, and for the completion of bank reconciliations. This position will also play a key role communicating regularly with staff and financial institutions to facilitate all banking services for GWL Realty Advisors Inc. management entity and client managed investment accounts.

RESPONSIBILITIES

Treasury and Cash Management

Perform the day-to-day treasury functions providing accurate information and timely service to all GWLRA and Canada Life business units. Provide and maintain good cash management, ensure cash balances will adequately cover disbursements and sustain operations of the company and prevent overdrafts. Duties and responsibilities include :

  • Prepare, analyze, and distribute daily cash management report.
  • Analyze and investigate significant variances in bank balances.
  • Analyze and investigate banking exception items and immediately notify the team of fraudulent item.
  • Perform daily banking notifications process and provide banking related information to respective Winnipeg and Regional teams for recording in Yardi 7S (e.g., deposits, pre- authorized payments, account balances, zero-balancing returned items, etc.).
  • Perform daily online banking downloads for all banking activities.
  • Prepare memo for funding and investing activities.
  • Prepare and process daily internal fund transfer and wire transfer requests, using online banking platform. Ensure there is proper supporting documents and approvals for the request. Complete the transactions while meeting the clients' and banks cut-off times.
  • Process requests for payments required for closing real estate acquisitions and confirm receipt of funds required for closing real estate dispositions.
  • Process requests for monthly cash distributions / contributions between property and legal owners.

Bank Reconciliation

Complete bank reconciliation reporting to various stakeholders monthly, ensure all reconciling items are properly documented and followed up with Winnipeg and Regional business units in a timely manner. Duties and responsibilities include :

  • Perform bank reconciliations for all (200+) GWLRA managed bank accounts including compilation of supporting document and bank statements. Expected to reconcile between 50-60 accounts within 2 weeks.
  • Perform daily banking transactions' clearing and reconciliation in the system.
  • Assist with drafting the monthly bank reconciliation memo for delivery to senior management.
  • Follow up with Winnipeg and Regional teams outstanding reconciling items and ensure these clear in a timely manner, targeting within 30 days from the date item is outstanding.
  • Escalate long outstanding items with both treasury and regional finance leads.
  • Coordinate clearing of deposits and other items in Yardi 7S with the Administration team.
  • Prepare over 90 days cheque listing for distribution to Accounts Payable and Client teams.

    • Other responsibilities or ad hoc requests

  • Assist with weekly cheque run and ensure there is sufficient cheque stocks in the inventory.
  • Assist with providing supporting documents and banking related information, as assigned.
  • Participate in treasury and audit projects and initiatives, as assigned.
  • Attend to other ad hoc banking related requests.

    • QUALIFICATIONS

  • Acquired a university degree or currently pursuing a CPA or CTP designation.
  • Experience with multi-level organizational structures.
  • Experience with financial institution online banking platform or software is an asset.
  • Experience with Yardi 7S system is an asset.
  • Experience working in treasury and real estate industry as well as familiarity with Canadian banking system and rules would be a definite asset.
  • Highly analytical, with very good attention to details.
  • Strong organizational and time management skills with ability to prioritize properly and work on tight deadlines.
  • Able to work under pressure with competing priorities.
  • Effective communication and customer service skills.
  • Proficiency in Excel, PDF, and Word, knowledge of Visual Basic Language is a plus.
  • Very good knowledge of accounting.
  • Able to manage change, can work independently or as part of a team.

    • WHAT WE OFFER

  • 3 weeks of vacation per year
  • 3 paid personal days per year
  • Half-day every Friday before a long weekend
  • Eligible to participate in our annual performance based bonus program
  • A comprehensive health benefits plan that supports you and your family
  • Up to $2,000 annual education allowance
  • Up to $5,000 annual mental health coverage
  • A friendly, welcoming, and supportive culture
  • Many social and team events!

    • Our Business

    Learn more about our commercial and residential businesses, our values, and careers at GWLRA.

    Our Commitment to Diversity

    GWL Realty Advisors is an equal opportunity employer. It prohibits discrimination based on age, color, disability, national origin, race, religion, gender, sexual orientation, and any other legally protected class in accordance with applicable federal, provincial and local laws. We are committed to creating and maintaining an inclusive and accessible workplace. If you are contacted for an interview and require accommodation during the interviewing process, please let us know.

    GWLRA uses a third-party platform, the applicant manager (TAM), to manage our recruitment process. You can read the TAM privacy policy by clicking on the link here. If you choose to apply for a job with us, or subscribe to be notified of new jobs, your personal information will also be collected by GWLRA and will be handled in accordance with our Privacy Policy (Click here to read the GWL Realty Advisors Inc. Privacy Policy).

    CIGWL utilise la plateforme d'un tiers, soit un système de gestion des candidatures (pour l'acquisition de talents), afin de gérer son processus de recrutement. Pour connaître la politique de protection des renseignements personnels du fournisseur du système de gestion pour l'acquisition de talents, cliquez sur ce lien. Si vous choisissez de postuler à un poste chez nous ou de recevoir nos offres d'emploi, vos renseignements personnels seront aussi recueillis par CIGWL et utilisés conformément à notre Politique de protection des renseignements personnels (cliquez ici pour lire la politique de protection des renseignements personnels de Conseillers immobiliers GWL inc.).

    This is a full time position