Ajwad Azfar
NORTH YORK, Ontario,Ontario (ON)
Overview
9
9
years of professional experience
1
1
Certification
Work History
Assistant Controller - Developments
GWL Realty Advisors
01.2025 - Current
- Managed the integrity of general ledger accounts by performing regular reconciliations, making necessary adjustments, and preparing detailed documentation. Streamlined month-end closing procedures to increase efficiency and reduce manual tasks.
- Coordinated annual budgets and reforecasts by partnering with cross-functional teams to analyze budget-to-actual variances and provide accurate financial projections. Facilitated collaboration on special projects to improve overall company performance.
- Provided key financial and procedural support throughout the acquisition and disposition process, including due diligence and the timely submission of development draws. Mentored junior team members in accounting best practices to foster professional development.
Finance Manager
Refine Group
09.2024 - 01.2025
- Managed and reconciled general ledger accounts for event-based projects, including preparing and reviewing journal entries, handling accruals for capital expenditures, and executing month-end closing processes to ensure accurate and timely financial reporting.
- Compiled and delivered financial reports, such as variance analyses, balance sheet reviews, and event-specific status updates, ensuring alignment between project performance and budget forecasts.
- Worked closely with cross-functional teams to facilitate forecasts, annual budgets, and financial projections, ensuring accurate tracking of expenses and alignment with strategic event goals.
- Supported event operations by managing the timely approval of invoices, draw requests, and capital processing, assisting in budget-to-actual variance analysis and adjusting forecasts as needed.
Project Accountant
Graywood Developments
05.2019 - 08.2024
- Managed full-cycle accounting for development and construction projects in Toronto and Calgary, including budgeting, forecasting, journal entries, and variance analysis for projects such as 250 Lawrence Ave W, 1771 St. Clair Ave W, and the Shawnee project (493 units, ~$200M budget).
- Coordinated project cost reporting and cash flow management, leading monthly meetings to analyze funding requirements, approve invoices, and ensure timely payments to trades within 30–45 days.
- Collaborated with cross-functional teams to develop project capital structures, integrating debt and equity components, while aligning budgets with overall project goals.
- Streamlined operational workflows, implementing DocuSign for document processing and approvals, enhancing efficiency and supporting training initiatives.
Staff Accountant
KPMG Canada
09.2018 - 03.2019
- Completed eight audit engagements and took charge of the client’s treasury, receivables, payables, capital assets, inventory, revenue and inter-company transactions
- Interacted with the client and provided recommendations regarding the entity’s internal controls and processes and developed audit procedures for testing high risk accounts
- Gained extensive knowledge of accounting softwares such as Caseware and eaudit by performing the audit procedures and working papers in eaudit and creating the financial statements through Caseware.
Group Services Summer Intern
Industrial Alliance Insurance and Financial Services
05.2017 - 08.2017
- Successfully collaborated with the Director and created personalized final presentation packages used to bring in new clients
- Compiled and administered the Group Service Client List consisting of roughly 750 clients based on characteristics such as administration type, type of benefits purchased, and the total valuation of the benefits
Security Guard
Paragon Security Services
05.2016 - 12.2016
- Performed front desk duties including monitoring 48 CCTV surveillance cameras, adhering to residents’ requests and presenting Daily Officer and Special Occurrence Reports to property management
- Exhibited leadership and confidentiality by conducting hourly building perimeter, roof and underground parking patrol to ensure safety of 78 high-end residential suites and approximately 145 vehicles parked.
Education
Master of Accounting (MAcc) -
Schulich School of Business
08.2019
Bachelor of Business Administration (BBA) -
Schulich School of Business
04.2018
Certification
- CPA - Certified Public Accountant - CPA Ontario
Timeline
Assistant Controller - Developments
GWL Realty Advisors
01.2025 - Current
Finance Manager
Refine Group
09.2024 - 01.2025
Project Accountant
Graywood Developments
05.2019 - 08.2024
Staff Accountant
KPMG Canada
09.2018 - 03.2019
Group Services Summer Intern
Industrial Alliance Insurance and Financial Services
05.2017 - 08.2017
Security Guard
Paragon Security Services
05.2016 - 12.2016
Bachelor of Business Administration (BBA) -
Schulich School of Business
Master of Accounting (MAcc) -
Schulich School of Business
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