Senior Accountant

WP Osborne Executive Search Inc.; Toronto; On-site; CAD 42,000 - 46,000; Full time

Job summary

An established industry player is on the lookout for a Senior Accountant to join their dynamic finance team. This role is crucial for managing financial operations and providing insightful analysis to optimize investment decisions. With responsibilities ranging from financial reporting to cash management, the Senior Accountant will collaborate closely with various teams to enhance financial performance. The ideal candidate will possess a strong foundation in accounting principles, exceptional Excel skills, and a keen analytical mindset. This opportunity promises a rewarding career path in a vibrant and inclusive workplace committed to making a positive impact in the real estate sector.

Benefits

Competitive and equitable compensation

Employer matching Group Retirement Savings Plan

Comprehensive benefits packages

Maternity leave top-up

Leadership and mentorship programs

Investment opportunities in Starlight funds

Seasonal office hours

Award-winning Environmental Social Governance (ESG) Strategy

Personal and Cultural days

Designated CPA Training Facility

Qualifications

• 1+ years of accounting experience with a strong understanding of accounting principles.
• Detail-oriented, self-directed, and resourceful analytical thinker.

Responsibilities

• Ensure accuracy and completeness of financial results for various portfolios.
• Assist with external financial statement preparation and audits.
• Manage cash availability and partnership debt portfolios.

Skills

Accounting Principles

Financial Analysis

Microsoft Excel

Communication Skills

Interpersonal Skills

Analytical Thinking

Education

University Degree in Finance/Accounting

Tools

Yardi Software

General Ledger

Job description

2 weeks ago Be among the first 25 applicants

Starlight Investments, in conjunction with WP Osborne Executive Search, is seeking a Senior Accountant to join their Canadian residential portfolio finance team.

Senior Accountant

Reporting to the Controller, the Senior Accountant is an integral part of the finance team and will be responsible for the accounting for various portfolio’s owned by Starlight and large institutional investors. The role will act as a key business partner to the asset management, investments and leasing teams by providing insightful, timely and accurate financial and operational information to assist with optimizing decisions for the properties, allowing Starlight to maximize returns for investors. The role will have exposure to all levels of management, and will develop and leverage relationships with all internal stakeholders including asset management, investments, leasing, shared service finance teams as required to successful execute their responsibilities.

Financial Analysis and Accounting

• Ensure the accuracy, timeliness and completeness of fund and property financial results prepared by the third-party property managers and the property accounting team to understand and highlight key trends and opportunities to improve financial results;
• Review and analyze monthly reporting packages provided by property managers to understand key variances and communicate to internal stakeholders, ensuring commentary reflects the underlying performance of the assets and is complete and accurate;
• Assistance with the preparation of certain monthly bank reconciliations for corporate bank accounts;
• Review of consolidated account reconciliations required to support external and internal reporting disclosures;
• Assist with external financial statement preparation and internal reporting requirements. Support the team with managing the external audits for each Fund, including the preparation of working papers and liaising with audit firm contacts to ensure timely audit completion;
• Manage process improvement projects to streamline accounting processes, as required;
• Maintain General Ledger, including journal entries and analysis as required to ensure the integrity of financial and operational information;
• Utilize business intelligence tool and other standardized reporting frameworks to prepare working papers for monthly reporting to assist auditors complete quarterly/year-end reviews/audits and tax return preparation;
• Ensure Canadian residential property and fund results are closely monitored through liaising with relevant stakeholders to ensure month-end results are complete and accurate.

Acquisition and Financing Management

• Perform acquisition, disposition and refinancing accounting;
• Provide support on financial aspects of property, financing and business transactions.

Cash and Debt Management

• Assisting with the management of cash availability, including review of cash position reporting prepared by the treasury team to ensure accurate cash reporting and forecasting;
• Assisting with the management of the partnership’s debt portfolios, including ensuring all loan provisions are appropriately complied with.

Investor Reporting

• Work collaboratively to assist with the standardization and preparation of quarterly investor reporting materials including financial statements, operational performance updates, market trends and other performance indicators including commentary on financial results;
• Assist with the preparation of budgets and analysis for budget inputs for the properties;
• Assist with other financial management initiatives or ad-hoc projects, as required.

Qualifications

The Senior Accountant will possess a University Degree in Finance/Accounting and 1+ years of accounting experience; a thorough understanding of accounting principles; Microsoft Word and Outlook with superior Excel skills; strong communication, interpersonal, and organizational skills; and be a detail-oriented, self-directed, resourceful, analytical thinker who can deliver results in a deadline-driven environment. Experience with Yardi software and residential real estate industry is considered an asset.

Application

Qualified candidates can submit their resume via LinkedIn. We thank you for your interest in this role, however, only those selected for further consideration will be contacted.

Starlight Investments

Starlight Investments is a leading global real estate investment and asset management firm. Established in 2011 and privately owned, Starlight has grown to a dynamic team of 360+ professionals who manage over $25 billion of direct real estate and real estate investment securities. Offering a range of investment vehicles across various real estate strategies, we are a developer and asset manager of over 77,000 multi-residential suites and over 9 million square feet of commercial property space. Holding Canada’s largest portfolio of multi-family assets, we have a strong focus and commitment to creating a positive impact for our communities. To learn more about Starlight, please visit www.starlightinvest.com or follow the company on LinkedIn.

Starlight’s People Value Proposition

• Diverse multi-generational workforce
• Competitive and equitable compensation
• Employer matching Group Retirement Savings Plan
• Comprehensive benefits packages including Health and lifestyle spending accounts
• Maternity leave top-up
• Leadership and mentorship programs
• Investment opportunities in Starlight funds
• Seasonal office hours
• Award-winning Environmental Social Governance (ESG) Strategy
• Personal and Cultural days
• Designated CPA Training Facility

Starlight’s total compensation framework is comprised of annual base salary, discretionary bonus and company benefits such as medical and wellness, Group RSP and other incentives.

Diversity, Equity and Inclusion

Starlight is dedicated to creating a workplace culture of inclusiveness that reflects the diverse communities that the company operates in. We invite all interested individuals to apply and encourage applications from members of equity-deserving communities, including but not limited to women, persons with disabilities, visible minorities (racialized), Black, Indigenous Peoples and persons of any gender identity and sexual orientation.

Environmental Social Governance (ESG)

As one of the largest rental housing providers in Canada, Starlight’s focus on ESG is aligned with the company’s broader purpose to invest with impact and drive social and economic growth through real estate. This focus shapes business operations and influences interactions with employees, investors, partners and communities.

WP Osborne is a privately-owned search firm delivering full-service recruitment expertise for over 20 years to a broad range of clients in the real estate industry. Our expertise extends across every major asset class including multi-residential, office, industrial, retail, mixed-use, condo, hotels, and senior living across the functions of asset management, investments, development, construction, leasing, property management, portfolio management, finance, marketing, IT, HR and strategy.

Reference #1382 – Senior Accountant

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing and Finance

• Industries

  Real Estate and Real Estate and Equipment Rental Services

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