Assistant Contract Manager

MTY Food Group; Montreal; Vor Ort; CAD 85.000 - 120.000; Vollzeit

Benefits dieser Stelle

Health and dental plans

Wellness expense account

Employee profit-sharing

Casual dress code

Free parking

Team events

Recognition awards

Certification reimbursement

Zusammenfassung

MTY Food Group in Montreal is seeking an Assistant Manager – Lease Accounting to supervise day-to-day lease accounting, reconciliations, and contract modifications. You will work closely with landlords, franchisees, and internal departments to ensure accurate rent invoicing and timely payments.

The role requires strong organizational and analytical skills, with experience in IFRS 16 and SAP S/4. Bachelor’s degree in a related field and bilingual French/English communication are essential.

Qualifikationen

• Bachelor’s degree in accounting, Finance, Business Administration, or a related field.
• Knowledge of US GAAP and real estate accounting is considered an asset.

Aufgaben

• Lead the monthly IFRS 16 rent accounting process, including postings, adjustments, and reconciliations.
• Oversee store and lease population reconciliations for Corporate, Dark Store, Operator, head lease, and sublease information.
• Identify, analyze, document, and review lease and sublease modifications in IFRS 16, updating SAP S/4 and posting the entries.
• Partner with AR/AP teams to ensure accurate processing, reconciliation, and resolution of lease-related transactions.
• Manage the IFRS 16 valuation process in SAP S/4, including contract valuations and related postings.
• Maintain IFRS 16 modification tracking and supporting audit trail.
• Review ROUA, LL, and FLR reconciliations to GL and SAP lease module.

Kenntnisse

Team management

Accounting

IFRS 16

Lease accounting

US GAAP

SAP ERP

Excel

Bilingual

Analytical

Communication

Ausbildung

Bachelor's degree in accounting, Finance, Business Administration

Tools

SAP ERP

Microsoft Excel

Jobbeschreibung

MTY Food Group is seeking an Assistant Manager to join its Contract Division. The position is based in Montreal, QC.

ABOUT US

MTY Group, a franchisor of restaurants, is a family whose heart beats to the rhythm of its brands, the very soul of its multi-branded strategy. For over 45 years, it has been increasing its presence by delivering new concepts in quick-service and casual restaurants and making acquisitions and strategic alliances that have allowed MTY Group to reach new heights year after year.

By combining new trends with operational know-how, the brands forming the MTY Group now touch the lives of millions of people every year. With almost over 80 brands and close to7000 locations worldwide and the multitude of flavors of its many brands, MTY is able to satisfy the different tastes and needs of consumers every day.

JOB SUMMARY

The Assistant Manager – Lease Accounting plays an important role in supervising the day-to-day lease accounting and contract modifications. Reporting directly to the Manager, Financial Reporting, the Assistant Manager - Lease Accounting is responsible for managing rent-related accounting activities, processing accounts receivable and payable transactions, reconciling rent statements, and maintaining accurate records for assigned stores. This role requires strong organizational and analytical skills to ensure the timely and accurate processing of rent invoices, payments, reconciliations, and franchisee communications. The Assistant Manager – Lease Accounting will work closely with landlords, franchisees, and internal departments to resolve discrepancies, support collections, maintain vendor and customer information, and assist with ongoing operational and accounting processes.

RESPONSIBILITIES:

• Lead the monthly IFRS 16 rent accounting process, including rent expense and revenue postings, required adjustments, and reconciliation of clearing and offset accounts. Review the monthly rent analyses and ensure amounts are accurate, appropriately supported and reconciled to SAP S/4.
• Oversee store and lease population reconciliations to ensure Corporate, Dark Store, Operator, head lease, and sublease information is complete and accurate.
• Identify, analyze, document, and review lease and sublease modifications in accordance with IFRS 16, including updating SAP S/4 and posting the required accounting entries.
• Partner with the Accounts Receivable and Accounts Payable teams to ensure accurate and timely processing, reconciliation, and resolution of lease-related transactions.
• Manage the IFRS 16 valuation process in SAP S/4, including contract valuations, valuation postings, and related clearing and interest activity.
• Partner with Legal and other teams to identify new or amended leases.
• Maintain the IFRS 16 modification tracking and supporting audit trail
• Maintain and review the appropriate incremental borrowing rates (IBR) and ensure required valuation adjustments are reflected in SAP S/4.
• Review reconciliations of Right-of-Use Assets (ROUA), Lease Liabilities (LL), and Finance Lease Receivables (FLR) to the general ledger and SAP lease accounting module.
• Support quarterly assessments by reviewing the Dark Store liability, provisions and impairment analyses.
• Review guarantee calculations and supporting analyses required for monthly and quarterly reporting.
• Provide IFRS 16 support, including financial statement disclosures, MD&A support, audit deliverables and other financial reporting requirements.
• Play an active role in quarter-end and year-end close, including cutoff procedures, reconciliations, financial statement support, and coordination with external auditors.
• Identify opportunities to strengthen controls, streamline processes, and improve the efficiency and accuracy of lease accounting and reporting.

QUALIFICATIONS:

Education:

• Bachelor’s degree in accounting, Finance, Business Administration, or a related field.
• Knowledge of US GAAP and real estate accounting is considered an asset.

Experience:

• 3 to 5 years of team management and progressive accounting experience; experience with lease accounting or IFRS 16 is considered a strong asset. Experience working with accounting or SAP ERP systems preferred
• Retail or restaurant industry experience is considered an asset
• Bilingual – strong French and English required
• Strong attention to detail and organizational skills
• Ability to work independently and collaboratively across departments
• Ability to manage multiple priorities and recurring deadlines
• Strong analytical and problem-solving abilities
• Excellent communication and customer service skills
• Intermediate Microsoft Office skills with strong Excel capabilities
• Professional communication skills with internal and external stakeholders
• Ability to maintain confidentiality and accuracy in financial processes
• Strong follow-up and collection management skills
• Commitment to continuous process improvement
• US GAAP needed or good to have?
• Knowledge of US GAAP and real estate accounting is considered an asset.
• Management experience is needed, getting a team of 3 right off the bat
• 3 to 5 years of team management and progressive accounting experience; experience with lease accounting or IFRS 16 is considered a strong asset.
• 3 weeks of vacation
• 5 days of flexible sick leaves
• $2000 reimbursement for professional certifications and continuing education requirements
• Half-day Fridays year-round
• Company health and dental plans, with an additional $300 personal wellness expense account
• Employee assistance program with access to mental health, legal, and financial counseling services
• Employee profit-sharing plan with employer contribution
• Monthly company-wide recognition awards
• Company social events, including webinars, town halls, and team activities
• Casual dress code
• Free parking at the office

Please note that any offer of employment will be conditional upon a background check, including a criminal record check.

*The majority of our clients and a large proportion of our employees are outside Quebec*.