Accounts Payable Manager

Springliving; Toronto; On-site; CAD 77,000 - 94,000; Full time

Job summary

Spring Living Retirement Communities is seeking an Accounts Payable Manager to oversee the AP function for a portfolio of retirement residences across Canada. You will code, approve and process invoices, manage payments, and ensure timely, accurate financial records.

Reporting to the Senior Manager, Corporate Finance, you will lead the AP team, strengthen internal controls, and support month-end close while collaborating with Finance, Operations and external vendors to ensure obligations are

Qualifications

• 4+ years of progressive experience in accounts payable or accounting, preferably in a real estate environment and experience managing an AP function.
• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• CPA designation or equivalent accounting designation is an asset.
• Familiarity with Yardi is an asset.
• Familiarity with seniors housing is preferred.

Responsibilities

• Oversee day-to-day accounts payable, including invoice receipt, coding, approval, processing, and payment.
• Enter, review, and code corporate and capex invoices and expense claims.
• Review property-level operating expenses for coding accuracy.
• Review AP invoices and vendor coding for accuracy.
• Review weekly payment cycle packages for transfers, cheques, and wires.

Skills

Accounts payable management

Real estate experience

Leadership

Education

Bachelor's degree in Accounting, Finance or Business

CPA designation (asset)

Tools

Yardi

Job description

Passionate about your well-being

A Canadian company

Accounts Payable Manager

• Finance
• Toronto

*Current Opportunity*

SPRING LIVING OVERVIEW

Spring Living Retirement Communities (springliving.ca) is a boutique, rapidly growing Canadian senior living owner/operator, who currently owns and operates retirement communities in Ontario and Quebec. The company has an ambitious growth plan to expanding through acquisition of mid-market retirement residences across Canada over the next 5 years. Spring Living’s mission is to create warm, welcoming and secure environments for residents, foster caring connections, and provide personalized services by team members who are committed to making a significant IMPACT every day.

Spring Living is the Retirement Community platform of the BAZ group; a Real Estate company that strategically acquires, develops, constructs and repositions assets throughout North America.

JOB OVERVIEW

REPORTS TO: Senior Manager, Corporate Finance

Reporting to the Senior Manager, Corporate Finance, the Accounts Payable Manager is responsible for the accounts payable function for a portfolio of retirement residences to ensure payables are processed accurately and on a timely basis. This role manages the AP team, establishes and maintains effective processes and internal controls, and works closely with Finance, Operations and external vendors to ensure financial obligations are properly recorded and settled.

The Accounts Payable Manager will play a key role in improving AP processes, strengthening controls, supporting month-end close, and ensuring the organization maintains accurate and reliable accounts payable records.

ROLES AND RESPONSIBILITIES

• Oversee the day-to-day accounts payable function, including invoice receipt, coding, approval, processing, and payment
• Enters, reviews, and codes corporate and capex invoices sent into head office, including expense claims
• Reviews property level operating expenses for coding
• Review accounts payable invoices (including backup) and coding entered by retirement community staff for accuracy
• Reviews weekly payment cycle package for electronic fund transfers, cheques and wires including workflow approvals
• Reviews and approves new vendors
• Ensure appropriate supporting documentation is maintained for audit purposes
• Establish, maintain, and monitor effective internal controls over the accounts payable and payment processes
• Lead, supervise, and develop the accounts payable team, including coaching, training and providing ongoing feedback to team members
• Promote a culture of accountability and continuous improvement by establishing clear responsibilities, performance expectations and service standards
• Responds to internal and external customers concerning all payment transactions processed within Accounts Payable
• Assists the property accountants with investigations for month end accruals
• Assist with budget process
• Ad hoc requests as needed

KEY ATTRIBUTES OF THE POSITION:

• Able to meet strict deadlines and thrive under pressure
• Detail-oriented, strong interpersonal and problem-solving skills
• Strong understanding of internal controls and process governance
• Great communication skills (oral and written)
• Continuous improvement mindset, excellent organizational and time-management skills
• Ability to work independently while collaborating effectively across departments
• Leadership and team development capabilities

QUALIFICATIONS

• 4+ years of progressive experience in accounts payable or accounting role, preferably in a real estate environment and experience managing an AP function
• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field
• CPA designation or equivalent accounting designation is an asset
• Familiarity with Yardi is an asset
• Familiarity with seniors housing is preferred

Pay:From CA$85,000.00 per year

Spring Living is committed to ensuring equal access and participation for people with disabilities. We are committed to treating people with disabilities in a way that allows them to maintain their dignity and independence. We believe in integration, and we are committed to meeting the needs of people with disabilities in a timely manner. We will do so by removing and preventing barriers to accessibility and by meeting our accessibility requirements under Ontario’s accessibility laws.

Spring Living is committed to fair and accessible employment practices. If you require accommodation (including but not limited to, an accessible interview site, alternative format documents, ASL Interpreter or Assistive Technology) during the recruitment and selection process, please let us know.