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Senior Manager, Development Accounting
Quadreal Property Group
Oversee development accounting team and ensure accurate financial reporting for complex real estate projects.
5d ago
Expert & Leadership (13+ years), Experienced (8-12 years)
Full Time
Toronto, Ontario, Canada
Office Full-Time
Company Size
1,200 Employees
Service Specialisms
Property Development
Construction Services
Project Management
Real Estate Investment
Asset Management
Urban Design
Design
Architecture
Sector Specialisms
Residential
Industrial
Tech
Retail
Office
Alternatives
Multifamily
Student Housing
Role
What you would be doing
cash flow
monthly reporting
budget analysis
cost allocation
audit coordination
construction accounting
- Adhere to all financial, legal and international (where required) governance requirements per separate partnership/joint venture agreements, government regulations and legal responsibilities
- Ensure adherence by consultants of all insurance requirements
- Set accounting standards, policies, procedures and controls for all accounting functions
- Maintain all short term and long term cash flow projections, obtaining financing from partners, lending institutions and others in an efficient and timely manner
- Plan an organizational structure for the accounting staff, assembling a team that will perform all accounting for the development, maintaining flexibility and efficiency to adapt to regular changes and demands
- Provide monthly reporting (both verbal and written) to internal and external partners, identifying issues, KPI’s, costing updates and cash flow projections
- Primary liaison for all accounting related consultants, including auditors, tax advisors, legal support, CRA
- Oversee the accounting team, providing leadership and guidance in all aspects
- Work directly with project managers, development accountants, finance analysts, project coordinators and development managers to understand and maintain budget analysis and cost overages
- Oversee the preparation of all monthly accounting reports, proformas, bank draws, budgets & forecasts, including all supporting working papers
- Review and provide accounting support for all major contracts encompassing organizational structure, governance, development, marketing, financing and property management
- Provide support to the finance departments for both internal and external partners
- Coordinate all accounting related activities of construction management teams, whether internally or externally operated
- Coordinate annual audit requirements, banking reporting and other
- Administer all costing pool allocations for mixed use projects (specific invoice/contract allocations, overall net yield allocations)
- Coordinate activities and expectations with both internal and external partners, including development, finance, marketing, sales, property management, leasing, administration and accounting departments
- Review monthly project draws and financial statements prepared by the accounting team
What you bring
yardi
excel
cpa
real estate
net yield
5+ years
- Preference in knowledge in Yardi
- Experience in utilizing the net yield method to allocate costs within house building and complex multi phased development projects
- Superior attention to detail and organizational skills
- Minimum 5+ years’ directly related accounting experience with a minimum of 2 years in a Sr. Manager level position
- Experience with complex budgets, forecasting and executive presentations
- Extensive computer knowledge, including Excel
- Superior communication skills, both written and oral
- Thrives working in a busy, high volume challenging environment
- Post-Secondary Degree and CPA designated
- Ability to handle and prioritize conflicting deadlines from various sources
- Extensive experience within the Real Estate industry, particularly in accounting for complex multi-phased project developments
Information not given or found
Training + DevelopmentInformation not given or found
Interview process
Information not given or found
Visa SponsorshipInformation not given or found
Security clearanceInformation not given or found
Company
Overview
C$18B Assets
Initial Assets
Started with C$18 billion in assets transferred from legacy managers.
89B Assets
Total Assets
Current asset value spans across North America, Europe, and Asia.
£260M Deal
London Logistics
Refinanced a major logistics project in London.
A$1B Partnership
Australian Logistics
Partnered on a large-scale logistics project in Australia.
3rd Largest Owner
Market Ranking
Surpasses major Canadian landlords to rank third.
- Fuses in-house investment, development, and property management under one roof for agile, integrated projects.
- Portfolio spans office towers, logistics hubs, shopping centres, and residential communities worldwide.
- Hallmark projects blend global strategy with local character, reshaping cities while driving strong institutional returns.
- Integrity is Our Foundation – we demand integrity as we strive for excellence and value openness, transparency and the diverse views which make us stronger.
- Collaboration is Our Strength – we believe in collaboration to work efficiently and effectively as we deliver service excellence to customers, stakeholders and each other.
- Performance is our focus – we measure every aspect of our performance in the thoughtful pursuit of excellence and value.
- Innovation is Our Mindset – we champion innovation as we discover excellence with creativity and forward thinking.
- Responsibility is our promise – we lead with a fundamental responsibility to our clients and communities to build excellence now and for generations to come.
80% Carbon Reduction
Canadian Operations Mandate
A significant reduction in carbon emissions across Canadian operations since 2016, showcasing strong commitment to sustainability.
50% Emissions Reduction
2030 Target for Canadian Portfolio
Aims to reduce absolute carbon emissions by half in the Canadian directly managed portfolio by 2030.
60% Fitwel Certification
Canadian Office Portfolio
60% of Canadian office spaces now hold Fitwel certifications, reflecting improved health and sustainability standards.
5 Stars Consecutive
GRESB Ranking Achievement
Consistently high performance in GRESB rankings, demonstrating leadership in sustainability.
- Committed to net zero carbon by 2050 across global directly managed portfolio.
- Global portfolio net zero by 2050 including scope 1, 2, and 3 emissions.
- Pathway includes replacing fossil fuels with low‑carbon electricity and building upgrades; previous retrofits delivered significant emissions reduction.
- Green Bond Framework issued nearly $1.2 billion in green bonds since 2020—the largest real estate green bond program in Canada.
- Over 95% of Canadian assets are green‑certified.
- Smart building initiatives cut annual energy costs by 25% and outdoor water use by 60% during peak months.
- Innovative waste solutions (e.g., cameras in open‑top bins, on‑site composters) improved waste‑management efficiency.
- No publicly available DEI values or strategy found on official site.
- No gender-related statistics or DEI goals available in external or LinkedIn sources.
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