Altree Developments is proud to provide this unique career opportunity within a progressive environment with continuous learning and opportunity for growth. The primary qualities Altree looks for in team members are – Hungry, Humble, and Smart!

About Altree Developments

Altree is creating a new legacy in real estate development. Founded by Zev Mandelbaum, Altree stems from a long lineage of multigenerational expertise in bringing to fruition landmark projects and iconic communities throughout Toronto and the GTA. Zev is one of the visionary co-founders behind Marlin Spring, and a third-generation developer with deep roots in the industry that date back to the 1950s through H&R and Lanterra Developments. Altree is committed to challenging the status quo and breaking new ground in creating inspirational residential, commercial, and retail projects with a compelling offering that creates significant value for customers, investors, and community stakeholders.

As a full-service development company, Altree provides unmatched insight, expertise, and service throughout the full spectrum of development – from strategic acquisition to planning, construction, sales and marketing, finance structuring, tax and legal processes. By consistently going above and beyond expectations and identifying opportunities to enhance neighbourhoods and connect communities, Altree is unparalleled in the creation of iconic projects that branch out from the ordinary.

Altree is more than a real estate development company. Altree respects the fabric of each location in which it builds by seamlessly integrating its projects into the neighbourhood culture and aesthetic, while creating opportunities to enhance the community. Dedicated to consistently giving back, Altree builds homes, commercial spaces, and hospitality venues for people to live, dream, and thrive in. Altree brings passion and commitment to every project, and rises to each challenge with enthusiasm, drive, and the vision to enrich the lives of those who live and work in the neighbourhoods in which it operates.

As an Accountants Payable Associate you will:

Responsibilities

Weekly input of vendor Invoices, daily bank deposits and weekly payment/deposit runs.
Manage the Centralized AP Inbox to ensure invoices are allocated by projects for timely approvals and invoice/payment processing.
Scan/File – vendor invoices along with proof of payment remittances in hard and soft copies
Prepare journal entries to ensure all business transactions are recorded.
Analyse and reconcile monthly bank statements and general ledgers.
Retrieve vendor invoices and verify accuracy of the invoice totals, taxes, billing entities, and act as liaison for vendors to reconcile any billing discrepancies.
Ensure that payments requiring a co-signature are communicated to the Project Accountants and that all co-signatures are present prior to issuing payments.
Process accounts and incoming payments in compliance with financial policies and procedures.
Perform day to day financial transactions, including verifying, classifying and recording accounts payable data.
Reconcile the accounts payable ledger to ensure that all bills and payments are accounted for and properly posted.
Understand compliance issues around accounts payable process (Commercial Sales Tax and HST numbers stated on invoices etc.).
Work with Project Accountants on monthly construction draw packages and trust ledger reconciliations.
Provide assistance to the accounting department in any area that is required (special projects/initiatives as required).

Requirements

Minimum 1-2 years of full cycle A/P experience in high-volume environment.
University Degree or Collage Diploma in Accounting is preferred.
Yardi knowledge is an asset.
Excellent written and verbal communication skills.
Ability to manage multiple tasks and meet deadlines.
Excellent written and verbal communication skills.
Strong computer and technical skills.
Highly organized with exceptional attention to detail.
Effective time management skills with the ability to work in a fast-paced/multi-task environment.

Altree Developments jobs

Accounts Payable Associate