STRAND IS LOOKING FOR A PROJECT ACCOUNTANT – TEMPORARY POSITION

Strand is seeking a highly motivated Project Accountant for a temporary full-time position. This role will commence in January 2025 and continue through April 2026.

WHO IS STRAND?

Strand is a Vancouver-based real estate company active across North America. Since 1976, Strand has acquired, developed, and financed a portfolio of real estate assets valued at over $16 billion and comprised of over 47,000 homes.

Strand has been actively involved in many real estate sectors, including the acquisition of development sites, the development of high‐rise condominiums, multi-family apartment buildings, single family communities, office towers, and industrial projects, as well as providing financing to developers for residential and commercial developments throughout North America.

While Strand has preferred to maintain a low profile, consistent with the philosophy of its key stakeholders, Strand has established a reputation for integrity and success in its real estate dealings.

WHY JOIN STRAND?

Strand's development business is innovative, dynamic, and expanding. This is an opportunity for the successful candidate to join a team of professionals in an inclusive and collaborative environment that fosters professional development and success. Strand is a progressive business that prioritizes culture and rewards entrepreneurial spirit and ingenuity while providing opportunities for its employees to grow with the company, both professionally and financially. Strand has “Deep Roots and Big Plans”.

DUTIES & RESPONSIBILITIES

Project Planning and Monitoring

• Understand and execute the steps required for project setup.
• Coordinate with the Project Manager to approve invoices, release payments, and provide detailed reports as requested.
• Prepare, understand, and analyze draws to Owners; reconcile draws and review with the Project Manager.
• Issue payments according to trade contract and supplier payment terms.
• Administer subcontract documentation, including unsigned contracts, insurance requirements, bonding, WCB Clearances, and Statutory Declarations.
• Enter and reconcile monthly progress payments in accordance with Strand's standard procedures.
• Reconcile subtrade billings and vendor and subcontract accounts as required; approve payments to suppliers/subcontractors.
• Process job cost transactions and generate job cost reports.
• Prepare and review job cost reports; analyze project budget variances and review with the Project Manager.
• Reconcile statements, generate required reports, prepare and analyze project-specific cash flows, review forecasts.
• Understand change order procedures and processes.
• Ensure billings of all fees and recoveries for a project; manage holdback reconciliation.

General Duties

• Assist the Project Manager, Manager & Controller in managing project costing, including the administration of contracts, change orders, accounts payable, accounts receivable, and required documents such as bonds, Statutory Declarations, WCB Clearances, Project Safety Reports, and documents for holdback release within a given project.
• Be familiar with project start-up dates, progress, and completion dates.
• Manage time schedules as determined by project size, work schedule, and scope of work.
• Review contracts issued by the Project Manager.
• Possess personal knowledge of contract specifications for application to costing management.
• Ensure only legal company titles are used.
• Note and track any special contract requirements (e.g., project bonding).
• Verify WCB status of subcontractors and ensure bonds are received before making payments.
• In conjunction with the Project Manager, ensure timely release of holdback monies to subcontractors per lien legislation after substantial completion.
• Responsible for issuing Owner Progress Claims, assisting the Manager of Construction Accounting in preparing claims, and tracking progress billings.
• Process accounts payable, including reviewing, coding, and entering invoices related to projects.
• Handle chargebacks to other entities within the organization, ensuring accurate allocation of costs and timely processing. Perform Visa reconciliation, ensuring all charges are properly allocated and documented.

Accounting Knowledge

• Display knowledge of accounting appropriate to the position and function.
• Assist in preparing and submitting accurate and timely client billings.
• Reconcile bank accounts and prepare GST returns.
• Record monthly interest payments and maintain loan schedules.
• Update various accounting schedules and assist with month-end journal entries.

REQUIRED SKILLS & QUALIFICATIONS

• Post-secondary degree/diploma in Finance, Accounting or Business Administration
• Accounting designation (or working towards) is an asset
• High degree of accuracy and attention to details
• Strong analytical and organizational skills, able to multitask and work under changing priorities
• Strong interpersonal skills
• Superior communication skills, both written and oral
• Strong computer skills with proficiency in Microsoft Excel, Word and Outlook
• Experience with Yardi and Procore is an asset
• Positive energy and self-motivated
• Ability to work in a fast-paced, dynamic environment
• Efficient and effective time management, ability to meet deadlines while producing quality work
• Proactive team player as well as be able to perform independently
• Enthusiasm and genuine passion for real estate

BENEFITS

Strand is proud to foster a culture of collaboration, innovation, growth, and the betterment of all those who dedicate themselves to the realization of its objectives. True to the company's nature as a “family of professionals”, we are committed to making continued investments in our people. Strand provides a very competitive compensation structure and benefits package that includes the following:

• Generous Extended Health and Dental Plan
• Professional Development, Mentorship and Education Programs
• Strand Employee Wellness Program exceeding industry standard

HOW TO APPLY

If you meet the above qualifications and are interested in this role, please send a cover letter along with your resume to https://stranddev.bamboohr.com/careers/63. While we thank all candidates for their interest, only selected individuals will be contacted.