Senior Accountant

WP Osborne Executive Search Inc.; Toronto; On-site; CAD 65,000 - 85,000; Full time

Job summary

A leading real estate investment firm seeks a Senior Accountant for its Canadian residential portfolio finance team. The successful candidate will play a vital role in financial analysis and reporting, collaborating with various teams to enhance decision-making and optimize investment returns.

Benefits

Competitive compensation

Comprehensive benefits packages

Employer matching Group Retirement Savings Plan

Leadership and mentorship programs

Maternity leave top-up

Qualifications

• 1+ years of accounting experience.
• Thorough understanding of accounting principles.
• Detail-oriented and self-directed.

Responsibilities

• Responsible for accounting for various portfolios.
• Prepare financial analyses and reports.
• Assist with external audits and manage financial statements.

Skills

Accounting Principles

Financial Analysis

Communication

Interpersonal Skills

Organizational Skills

Analytical Thinking

Education

University Degree in Finance / Accounting

Tools

Microsoft Excel

Yardi Software

Job description

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 portfolios 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, and shared service finance teams as required to successfully 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 tools and other standardized reporting frameworks to prepare working papers for monthly reporting to assist auditors in completing 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 the 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

• Mid-Senior level

Employment type

• Full-time

Job function

• Accounting / Auditing and Finance
• Real Estate and Real Estate and Equipment Rental Services