Who We Are

Bluevale Capital is a boutique, real estate private equity firm that specializes in value-add, development and special situational multi-residential projects. Over the past two years, the firm has completed over $250M of transactions with the intention of creating a $1B+ real estate fund over the next 2-3 years. By working with government leaders, and by partnering with our sponsors and lenders, the company's vision is to create 10,000+ residential units with a focus on tackling the affordable housing crisis in North America. We are currently putting together a stellar team that will help achieve this goal.

The Role | Accountant, Real Estate Private Equity

As an Accountant, Real Estate Private Equity you will take meaningful ownership across the accounting and reporting cycle for a growing multi-entity real estate portfolio. This role will allow high levels of exposure to daily operations at a dynamic & growing Private Equity Firm, and you will have lots of opportunities to develop hands-on skills in many areas of the business. Given that this is a dynamic environment, you must be adaptive in your approach and be able to work independently under limited supervision. A passion for real estate is a must! Note: We envision this Toronto based role will focus on our U.S. business, with periodic travel to our office in NYC.

What You'll Do:

Accounting & Reporting Support

•     Own the month-end close cycle for a portfolio of property-level entities, including preparation of adjusting journal entries, accruals, prepaids, and supporting schedules.

•     Prepare monthly financial statements at the building/property level and assist in quarterly consolidation across the full corporate entity structure.

•     Prepare and maintain working papers for external accountants and senior management, ensuring audit-readiness of all supporting documentation.

•     Identify and investigate financial variances against budget and prior period, providing written commentary for management review.

Bank & General Ledger Reconciliations

•     Perform and review bank reconciliations for property and corporate bank accounts across multiple entities.

•     Maintain GL integrity through regular account reconciliations, with a focus on tenant AR, intercompany accounts, and GST/HST accounts.

•     Identify and flag intercompany imbalances as part of the quarterly consolidation and elimination process.

•     Apply correct GL coding to transactions per the Yardi chart of accounts across revenue, operating expenses, and below-the-line items.

Process Improvement & Team Collaboration

•     Assist in implementing accounting process improvements and automation initiatives.

•     Collaborate cross-functionally to resolve accounting-related questions and drive insights.

Accounts Payable

•     Assist with the full AP cycle: review and code vendor invoices, obtain appropriate approvals, process payments, and maintain vendor records.

•     Process employee expense reports and review corporate card transactions, ensuring correct GL coding and policy compliance.

Requirements:

•     Bachelor's degree, majoring in Business, Finance or Accounting

•     Practical experience with full-cycle accounting, expense reporting, and journal entries; experience in real estate accounting a plus (Yardi preferred)

•     CPA PEP in progress preferred; CFE completed or eligible to write is strongly preferred

•     Knowledge of basic accounting principles (GAAP), including journal entries, accruals, and prepaids

•     Proficiency in Microsoft Office, with strong skills in Excel

•     Attention to Detail: Consistently produces high-quality work, incredibly detail-oriented, and investigates discrepancies with curiosity.

•     High level of professionalism and responsiveness in all interactions with vendors, employees, and other stakeholders

•     Solution oriented approach with a growth mindset

•     Strong communication skills, proactively discussing challenges with the team and Managing Director

•     Ownership Mentality: Takes full responsibility for outcomes, continuously seeks improvements, and ensures timely, high-quality deliverables

•     Ability to collaborate effectively with other team members and departments

•     Strategic thinker with an entrepreneurial & creative approach to problem solving