Senior Financial Analyst, Properties

Choice Properties General Partnership Inc.; Toronto; Hybrid; CAD 78,000 - 107,000; Full time

Benefits offered by this job

Hybrid work model

In-office 3 days per week

Job summary

Choice Properties Real Estate Investment Trust is seeking a Senior Financial Analyst, Properties in Toronto. This role reports to the Senior Manager, Property Accounting and covers full-cycle accounting for revenue-generating properties within the portfolio.

The ideal candidate will bring 3–5 years in real estate accounting, strong Excel skills, and an ability to work with multiple departments to improve financial performance.

Qualifications

• 3–5 years of experience in real estate accounting and reporting.
• Post-secondary education in Accounting, Business, Economics, Real Estate or related field.
• CPA designation completed preferred.
• Strong proficiency in Microsoft Excel; JD Edwards (JDE) and GSS experience preferred.
• Excellent interpersonal and communication skills; able to collaborate across all levels.

Responsibilities

• Review and analyze consolidated rent, expenses, and recovery ratios for the region.
• Oversee the setup 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 Finance, Asset Management, Leasing, and Tax to ensure responsive service.

Skills

Excel proficiency

Communication skills

Analytical skills

Self-starter

Team collaboration

Attention to detail

Education

Accounting

Business

Economics

Real Estate

CPA designation

Tools

JD Edwards (JDE)

GSS

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.

Hiring Range:

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.

Other:

Choice Properties REIT is Canada’s leading diversified Real Estate Investment Trust. Led by an experienced management team, we are growing our retail portfolio of properties with necessity based grocery and pharmacy anchored retail real estate. The balance of the portfolio is comprised of high-quality industrial and office assets located in Canada’s largest markets. As a key business driver, the depth of our development pipeline creates immense value by capitalizing on a strong retail intensification program, combined with prime residential-focused mixed-use communities. Choice Properties is a unique Real Estate organization; we operate as a highly successful innovative environment where employees are encouraged to demonstrate their highly evolved ability to achieve success in a resilient team-like environment. A commitment to continuous learning and development is a strong part of our culture.

Number of Openings:

1