Manager, Accounting

Allied Properties REIT; Toronto; On-site; CAD 80,000 - 120,000; Full time

Job summary

A leading real estate company in Toronto is seeking a Manager, Accounting to lead their property accounting team. This role includes mentoring team members, reviewing financial statements, and budgeting. Ideal candidates will have extensive experience in property accounting, leadership capabilities, and a relevant degree. This is an excellent opportunity for a detail-oriented professional to contribute to a dynamic team.

Qualifications

• At least 7 years of Property Accounting experience in a commercial/retail real estate company.
• At least 3 years of managerial/supervisory experience.
• Experience in budgeting, full cycle accounting, and reading leases.

Responsibilities

• Lead members of the property accounting team through coaching and constructive feedback.
• Review Monthly Property Financial Statements and finalize annual operating costs.
• Assist in the completion of the annual budget and provide ad-hoc financial analysis.

Skills

Analytical skills

Interpersonal skills

Problem-solving

Prioritizing skills

Detail-oriented

Education

University Degree in accounting or finance

Professional Accounting Designation (CPA)

Tools

Yardi

MRI

JD Edwards

MS Excel

MS Word

Job description

Allied is looking for a Manager, Accounting to join our Accounting and Finance team in Toronto.At Allied, everything starts with purpose. In the role of Manager, Accounting, you will lead a property accounting team through all the accounting activities of a portfolio of real estate assets. This, in turn, enables Allied to make financial decisions that contribute to our portfolio with accuracy and efficiency. Who are you? We are building upon our achievements at Allied, and the future is exciting. How can we be so sure? We have people like you : engaged professionals who consistently deliver their best.Throughout your career, you have stood out for your pursuit of excellence. You are self-motivated, take ownership and lead by example. In doing so, you elevate your team and collaborate towards your collective goals.Above all, you are excited by Allied’s mission and the contribution we make to enhance cities and communities.

What will you do?

• Mentor and lead members of the property accounting team through coaching, training, timely review, and constructive feedback of all deliverables.
• Review Monthly Property Financial Statements for assigned portfolio, including : Review and approve journal entries; Review recovery reconciliations and shortfall analysis; Detailed revenue analysis; NOI / SANOI / FFO / AFFO analysis; Detailed balance sheet analysis; and Bank and Sales Tax Reconciliations.
• Review and prepare property related financial data and schedules for quarterly financial statements and MD&A.
• Review final annual operating costs and tax recovery reconciliations.
• Assist with coordinating monthly reporting deadlines and ensure that deadlines are met.
• Liaise with auditors and provide information for audit related queries.

Budgeting and Forecasting :

• Provide support and leadership in the completion of the annual budget.
• Review annual budgets for assigned portfolio.
• Assist with preparation, review and analysis of consolidated budget schedules, including variance analysis and trend analysis.

Departmental Responsibilities :

• Assist in providing training and education to encourage on-going development and improve accounting skills and knowledge.
• Active involvement in improving processes and updating SOP’s.
• Assist in establishing annual department goals and objectives.
• Ensure all internal control are adhered to and report any deficiencies.
• Ad-hoc financial analysis, as needed.
• Participate in special projects as they arise.

What are we looking for?

• At least 7 years of Property Accounting experience in a commercial / retail real estate company.
• At least 3 years of managerial / supervisory experience.
• Experience in budgeting, full cycle accounting, and reading leases with knowledge of lease terminology.
• University Degree in accounting or finance.
• Professional Accounting Designation (CPA).
• Knowledge of accounting software such as Yardi, MRI or JD Edwards.
• Team player with excellent interpersonal and communication skills.
• Self-motivated individual, with strong problem-solving and prioritizing skills.
• Detail-oriented with strong analytical skills, and an ability to work in a fast-paced environment.
• Strong computer skills, with advanced skills in MS Excel and knowledge of MS Word.