Senior Financial Analyst, Properties

Choice Properties; Toronto; Hybrid; CAD 78,000 - 107,000; Full time

Job summary

Choice Properties is seeking a Senior Financial Analyst, Properties to join our team in Toronto. This role involves full cycle accounting for revenue-generating properties, with a focus on NOI analysis and budget forecasting.

The position reports to the Senior Manager, Property Accounting and supports cross-department collaboration. The ideal candidate has 3–5 years' real estate accounting experience, a CPA (preferred), strong Excel skills, and experience with JD Edwards (JDE) and GSS.

Qualifications

• Minimum 3 to 5 years' experience within real estate accounting and reporting.
• Post-secondary education in Accounting, Business, Economics, Real Estate, or related field.
• CPA designation completed preferred.
• Strong proficiency in Excel; JDE and GSS experience is a plus.
• Excellent communication skills and ability to collaborate across levels.

Responsibilities

• Review and analyze consolidated rent, expenses, and recovery ratios for the region.
• Oversee set up and accuracy of straight line rent.
• Prepare and present NOI variance analyses by region.
• Assist in SOA preparation and transaction journal entries.
• Prepare tax financial statements and supporting working papers.
• Assist in quarterly forecasts and annual budget.
• Coordinate with Finance, Asset Management, Leasing, and Tax for responsive service.

Job description

Location:

22 St. Clair Avenue East, Toronto, Ontario, M4T 2S5

Position Title: Senior Financial Analyst, Properties

Hybrid Model: 3 Days In Office (Monday/Thursday + 1 other preferred day)

Position Overview

Choice Properties is looking for a Senior Financial Analyst, Properties to join our team! The Senior Financial Analyst, Properties, must be a self-starter, a strategic thinker and have a great service-oriented attitude that will continue to encourage constant improvement of services and performance. Reporting to the Senior Manager, Property Accounting, this role will be responsible for the full cycle of accounting duties of revenue generating properties within the portfolio.

Responsibilities:

• Review and analyze consolidated rent, expenses, and recovery ratios for the region.
• Oversee the set up and accuracy of straight line rent.
• Prepare and present detailed analysis of major Net Operating Income (NOI) variances by region.
• Assist in preparation of Statement of Adjustment (SOA) and transaction journal entries.
• Prepare tax financial statements and supporting working papers.
• Assist in preparation of quarterly forecasts and annual budget.
• Liaise with other departments including Finance, Asset Management, Leasing, and Tax to ensure they are receiving responsive service as well as provide assistance as necessary.
• Review accuracy of mortgage interest expenses.
• Assist with ad-hoc projects, as required.

Qualifications:

• Minimum 3 to 5 years' experience within real estate accounting and reporting; preferably retail/commercial property accounting experience.
• Post-secondary education specializing in Accounting, Business, Economics, Real Estate, or a related field.
• CPA (CGA, CMA, CA) designation completed preferred.
• Strong proficiency in Microsoft Excel and working knowledge of Word and Outlook.
• JD Edwards (JDE) and GSS experience preferred.
• Excellent interpersonal and communication skills, both written and verbal, with the ability to collaborate effectively across all levels of the organization.
• Strong analytical and accounting skills with excellent attention to detail.
• A self-starter with the ability to work independently and as part of a team.
• Ability to adapt to new challenges and prioritize tasks in a fast-paced, evolving environment.

About Choice Properties

Choice Properties Real Estate Investment Trust is an owner, manager and developer of well-located retail and commercial real estate across Canada. Choice Properties' portfolio spans approximately 65 million square feet of gross leasable area and consists of over 700 properties primarily focused on supermarket-anchored shopping centers.

Choice Properties' strategy is to create value by enhancing and optimizing its portfolio through high quality transactions, strategic development and active property management. We mainly focus on necessity-based retail, and high-quality industrial and mixed-use assets. In particular, we have a strategic relationship with Loblaw, our largest tenant, that provides us with access to high quality investment opportunities.

Our established operating platform with a proven track record of success also provides us with access to a transformational development pipeline that we believe supports superior long-term value creation and growth. A commitment to continuous learning and development is a strong part of our culture.

Additional Information:

Choice Properties REIT recognizes Canada's diversity as a source of national pride and strength. We have made it a priority to reflect our nation's evolving diversity in the people we hire, and the culture we create in our organization. Accommodation is available upon request for applicants and employees with disabilities.

In addition, we believe that compliance with laws is about doing the right thing. Upholding the law is part of our Code of Conduct - it reinforces what our customers and stakeholders expect of us.

Number of Openings:

1

Hiring Range / Échelle salariale à l'embauche :

$78,120.00 - $107,415.00 / 78.120,00$ - 107.415,00$ (per year / par an)

A candidate's experience and knowledge as well as the geographical region in which the position is located may be factored into the pay a candidate receives for this position. This posting is for an existing vacancy. The Company uses artificial intelligence for the purpose of screening, assessing and/or selecting applicants for this position. / L'expérience et les connaissances d'un candidat ainsi que la région géographique dans laquelle le poste est situé peuvent être prises en compte dans la rémunération qu'un candidat reçoit pour ce poste. Cette offre d'emploi concerne un poste vacant existant. L'entreprise utilise l'intelligence artificielle dans le but de filtrer, d'évaluer et/ou de sélectionner les candidats à ce poste.