Senior Manager, Property Accounting

Tricon Residential; Toronto; On-site; CAD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a dynamic Senior Manager for its Property Accounting team in Canada. This role involves leading a dedicated group to ensure accurate financial reporting and effective cash flow management. The ideal candidate will have a strong finance background, excellent leadership skills, and a passion for fostering a collaborative team environment. As part of a company committed to enriching lives through quality housing solutions, you will play a key role in driving process improvements and enhancing the accuracy of financial operations. Join a forward-thinking organization that values your contributions and offers a supportive workplace culture.

Qualifications

• 8+ years of experience in finance, including 4+ years in a leadership role.
• Strong understanding of IFRS accounting and financial reporting.

Responsibilities

• Lead property accounting and development accounting teams.
• Oversee monthly accounting cycles and financial statement preparation.
• Manage cash flow forecasting and internal controls.

Skills

Leadership

Financial Reporting

Attention to Detail

Communication Skills

Self-Motivation

Education

University degree in Finance or Commerce

CPA certification

Tools

Microsoft Excel

Microsoft Dynamics 365

Yardi

Job description

Tricon Residential is an owner, operator and developer of single-family rental homes in the U.S. and multi-family apartments in Canada. Our commitment to enriching the lives of our employees, residents and local communities underpins Tricon’s culture and business philosophy. We provide high-quality rental housing options for families across the United States and Canada through our technology-enabled operating platform and dedicated on-the-ground operating teams. Our development programs are also delivering thousands of new rental homes and apartments as part of our commitment to help solve the housing supply shortage. At Tricon, we imagine a world where housing unlocks life’s potential.

We strive to be North America’s premier rental housing company. Our business philosophy involves taking care of our team first – empowering them to provide our residents with exceptional service and to positively impact the local communities where we operate. By providing an enhanced living experience, our residents rent for longer periods of time, treat our properties like their own, and share their experience with friends and family. This is how we continue to grow, and it is an approach that has proven to generate positive returns for our stakeholders. For more information, visit Tricon Residential.

Job Description

The Senior Manager, Property Accounting is a dynamic, energetic, and highly motivated individual who can join the team as a leader for the Company’s Canadian multi-family rental and development accounting team. This will require an ability to work collaboratively with many constituents across the organization, including the asset management, property management, and development management teams. The successful candidate will bring a strong understanding of finance, operations and accounting. In addition, as a leader, you will possess a passion for your team, our company culture and a desire to grow with our organization.

The position reports directly to the Chief Accounting Officer in the corporate office.

Essential Duties and Responsibilities:

• Provide leadership and mentorship to the property accounting, development accounting and accounts payable teams in relation to the Company’s Canadian portfolio.
• Direct the monthly full cycle of accounting, including accurate and timely month-end close.
• Oversee the internal monthly reporting process, including reviewing monthly reports to senior management and external stakeholders.
• Manage cash flow forecasting process, including overseeing the funding and distribution processes.
• Oversee the preparation and review of all monthly, quarterly and annual financial statements and other reports for investor reporting purposes, including the preparation of schedules and note disclosures for Tricon’s consolidated financial statements.
• Review analytical financial reports to assist with month-end and quarter-end variance analysis at the corporate consolidated level.
• Direct annual audit process and resolve accounting matters with the auditors.
• Collaborate with asset management and corporate finance on the annual budget process and quarterly reforecast process.
• Oversee and enforce proper internal controls, including recommendations for improvement.
• Lead process improvements to enhance the accuracy of accounting and financial reporting processes, including collaborating with IT on ERP system implementation and other system enhancements.
• Collaborate with internal and external stakeholders to onboard rental or development properties, including establishing appropriate accounting and reporting processes.
• Work with other teams and senior management on special projects, as required.

Qualifications:

• University degree in Finance, Commerce (or relevant field) and CPA certified.
• 8+ years of firm or industry experience (Big 4 experience preferred), including 4+ years of manager and/or leadership experience.
• Thorough knowledge of IFRS accounting and financial reporting.
• Self-starter who is able to work independently in a fast-paced and challenging environment.
• Demonstrates strong attention to detail and adheres to high standards for work quality.
• Excellent verbal and written communication skills and interpersonal skills are mandatory.
• Self-motivated with strong work ethic and willingness to learn.
• Advanced proficiency in Microsoft Excel and experience with other Microsoft Office products.
• Knowledge of Microsoft Dynamics 365 and Yardi would be an asset.
• Residential real estate experience preferred.

Physical Demands:

• Frequently required to sit, talk, and hear.
• Frequently required to stand and move; use hands to grasp, squeeze, finger, handle, and feel; reach, push, and pull with hands and arms; occasionally required to twist; reach overhead; stoop, kneel, squat, bend, and crouch.
• Occasionally lift, carry, and move up to 10 pounds.
• Vision abilities required by this job include close vision, distance vision, and depth perception.

We are committed to fostering an inclusive and accessible recruitment process. If you require accommodations at any stage of the hiring process, please let us know, and we will work with you to meet your needs.

At Tricon, we are committed to creating a workplace where every individual is valued for their unique contributions, experiences, voices, and backgrounds. By embracing these principles, we aim to positively impact our business and the communities we serve, creating a lasting legacy where everyone can thrive.