Senior Accountant, Real Estate

Crestpoint Real Estate Investments; Toronto; Hybrid; CAD 70,000 - 90,000; Full time

Job summary

A leading real estate investment firm in Toronto is seeking a Senior Accountant to oversee accounting functions for a diverse portfolio of properties. The role involves liaising with property managers, preparing financial statements, and ensuring compliance with reporting requirements. The ideal candidate has 3-5 years of relevant experience, strong Excel skills, and a CPA designation or is enrolled in the CPA program. This position is full-time and offers a dynamic work environment.

Qualifications

• 3-5 years of accounting experience, preferably in real estate.
• Proficient in preparation of financial statements.
• Able to work under pressure and meet deadlines.

Responsibilities

• Oversee and coordinate accounting functions for real estate portfolio.
• Liaise with third-party property managers for accounting accuracy.
• Prepare monthly financial statements and reports.

Skills

Accounting experience

Financial management

Excellent financial and analytical skills

Strong Excel skills

Communication skills

Problem-solving skills

Attention to detail

Education

Undergraduate degree in accounting or finance

CPA designation or in CPA program

Tools

Yardi real estate accounting software

Job description

Senior Accountant Real Estate

Connor Clark & Lunn Financial Group Ltd.

Toronto ON

We are looking for a Senior Accountant Real Estate to join Connor Clark & Lunn Financial Groups (CCLFG) Toronto-based real estate accounting team working exclusively for our affiliate Crestpoint Real Estate Investments Ltd. (Crestpoint). The Senior Accountant Real Estate is responsible for interacting with Crestpoints third-party property managers and the oversight of the day-to-day accounting functions they perform for Crestpoints diversified and growing portfolio of properties. This is a comprehensive position and requires the individual to have a solid understanding of all aspects of accounting.

Part of the Connor Clark & Lunn Financial Group Crestpoint is a commercial real estate investment manager dedicated to providing institutional and high net worth investors with direct access to commercial real estate assets. Through the execution of its disciplined investment approach and active management of its properties Crestpoint strives to deliver stable income and attractive long-term returns through a diversified portfolio of office retail industrial and multi-family residential properties.

As the portfolio of new investments continues to grow we are looking for someone who is ready to work closely with Crestpoints third party property managers investment and asset management teams to ensure they are receiving the information required to manage the properties effectively and that all internal and external reporting requirements are satisfied. You will be part of a high performing team and supported by the CFO Real Estate and Controller Real Estate Funds.

What You Will Do

• In this role the successful candidate will oversee and coordinate the accounting function for Crestpoints diversified portfolio of properties (including income producing and development properties) and open-ended real estate fund including :
• Liaising with third-party property managers and accountants to ensure the integrity accuracy and completeness of monthly accounting information and property management reports and the timely delivery of the previously mentioned
• Preparation of month end bank reconciliations journal entries supporting working papers and quarterly financial statements for presentation to external investors
• Assisting with the preparation and review of client and portfolio reporting and schedules including cash flow projections monthly variance analysis reports and annual budgets
• Assisting with the preparation of property valuations and working with other members of the CCLFG team to calculate investment returns as well as regular external client and internal property and fund reporting requirements
• Preparation of accounting entries for acquisitions and dispositions of investment properties
• Assisting with the preparation of sales tax filings and annual income tax returns and filings
• Support in implementation of accounting changes and other process improvements
• Preparing monthly quarterly and annual financial statements and notes in accordance with ASPE IFRS or a disclosed basis of accounting
• Assisting with the annual audit process
• Special projects and other duties as assigned

What You Bring

You are an energetic team player with high attention to detail that cares about getting it right. You are focused on your career learning and are not intimidated by hard work and challenging situations. You are also an excellent communicator that works well with a variety of personalities. You are always looking to learn more and to improve. You are comfortable acting on your own but have the discretion to understand when to involve others. To enable your success you possess the following :

Minimum three to five years of accounting experience in financial management preferably in the real estate industry and / or fund management including preparation of financial statements and notes

Undergraduate degree preferably in accounting or finance

Professional Accounting Designation (CPA-CA CGA CMA) or actively enrolled in the CPA program (midway through or nearing completion) is an asset

Excellent financial and analytical skills

Strong Excel skills; familiarity with Yardi real estate accounting / reporting software is an asset

Exceptional attention to detail

Proven ability to think logically and effectively problem solve

Demonstrated ability to work efficiently under pressure; dealing with changes and interruptions while maintaining strict deadlines

Proven self-starter with the ability to work independently as well as part of a team

Strong verbal and written communication skills

About Crestpoint and Connor Clark & Lunn Financial Group

Crestpoint is a real estate investment and asset management firm with over $10B in assets under management. At present the Crestpoint team is comprised of 45 real estate investment professionals based in our head office in Toronto. With properties located from coast to coast in Canada Crestpoints current portfolio is comprised of over 326 buildings and more than 38 million square feet with exposure to the office industrial retail and multi-family sectors.

At Connor Clark & Lunn Financial Group we understand the value of opportunity for our clients and our team. Independent and employee-owned we partner with investment professionals to grow successful asset management businesses giving them the space to innovate and truly make an impact.

With more than 40 years of history and offices across Canada and in the US the UK and India CC&L Financial Group and our multi-boutique family ofaffiliatefirms collectively manage over $155 billion in assets providing a diverse range of traditional and alternative investment products and solutions to institutional high-net-worth and retail clients.

For a closer look at how you can build your career with us we invite you to explore .

CC&L is committed to creating a diverse and inclusive environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to gender ethnicity religion sexual orientation or expression disability or age.

To apply for this position please submit your resume and cover letter as one PDF .

We thank all applicants in advance for their interest but only those candidates shortlisted for interviews will be contacted. No telephone calls or recruitment agencies will be accepted.

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Required Experience :

Senior IC

Key Skills

EAM,Economics,IT Business Analysis,Information Security,Android Development

Employment Type : Full Time

Experience : years

Vacancy : 1