Senior Manager, Property Accounting

Vaco Recruiter Services; Toronto; On-site; CAD 127,000 - 137,000; Full time

Job summary

A leading real estate investment firm is seeking a Senior Manager, Property Accounting in Toronto. This role involves supervising property accounting staff, ensuring timely completion of budgets, and developing staff through training. Candidates must possess a CPA designation and a relevant bachelor's degree. The salary range is $127,000 - $137,000 per year.

Qualifications

• CPA designation in good standing is required.
• Bachelor's degree in accounting or related field is necessary.

Responsibilities

• Supervise the day-to-day activities of property accounting staff.
• Ensure timely completion of property budgets and cash flow forecasts.
• Monitor annual and monthly cycles for completion and quality.

Skills

CPA designation (CA, CGA, CMA)

Strong communication skills

Analytical skills

Education

Bachelor’s degree in accounting, Finance, or a related field

Job description

About the Company

Our client is a leading, global real estate investment management advisor and a globally-recognized provider of real estate services. They are looking for a Senior Manager, Property Accounting to join their team!

Why Work Here

• Client facing role, opportunity to work with key stakeholders
• Coaching opportunity, mentor a team

About the Opportunity

• Direct Supervision of Property Accounting Staff
• Supervise the day-to-day activities of property accounting staff to ensure the efficient operation of all properties under management
• Responsible for timely and accurate completion of annual activities such as property budgets, cash flow forecasting, final operating cost recovery adjustments, annual property taxes, and property audits
• Responsible for timely and accurate completion of monthly activities including month ends, cash flows, and monthly reporting
• Review of monthly and annual property accounting activities to ensure that desired results are achieved according to deadlines, GAAP, and client policies/requirements
• Responsible for conflict resolution and decision making when required
• Liaise with property site staff, leasing staff, other members of management and clients to ensure they are receiving responsive service as well as provide assistance and advice as necessary

Planning and Monitoring

• Plan timing and completion of annual and monthly activities including annual budgets, annual audits, annual operating cost recovery adjustments, annual property taxes, monthly cut-off schedules, and monthly reporting
• Monitoring of annual and monthly cycles to ensure completion and quality of desired results in accordance with deadlines
• Manage staff workloads to ensure fairness and that all the company’s needs are met in a timely manner
• Ensure that all client and staff requests are met through delegation and monitoring

Training, Development, and Continuous Improvement

• Responsible for ensuring existing and new staff members receive appropriate level of training for systems and procedures including monthly and annual activities
• Responsible for being a resource for staff to come to for guidance and direction
• Responsible for performance management and ensuring that property accounting staff continue to develop and utilize skills that are necessary to complete job responsibilities
• Develop technical, analytical, and communication skills of property accounting staff through targeted and focused review of monthly and annual files and constructive feedback
• Responsible for continuous improvement of property accounting staff and policies and procedures

Support and Assist Controller

• Assist in the overall management of the accounting team including planning, monitoring, and communicating any issues that require management input
• Assist in staff motivation and celebration as well as ensuring that a positive work atmosphere is maintained
• Identify and analyse problems and take decisive action if an appropriate solution is achieved
• Provide input on staffing requirements and issues
• Take on special projects as delegated including process improvements and senior management requests

Other Duties

• New property set up, analysis, and follow up of outstanding issues as required
• Property sales/turnover – final operating statements, funds distribution, GST/HST reconciliation, closing of bank accounts, and any other relevant closing duties
• Full understanding of all property specific processes and upkeep of pertinent information relating to specific properties
• Input / feedback for improving procedures and initiating quality and efficiency enhancements
• Efficient and effective communication, in a professional manner, with all the company’s employees and clients

About You

• CPA designation (CA, CGA, CMA) required and in good standing
• Bachelor’s degree in accounting, Finance, or a related field

Salary Range

$127,000 - $137,000/year

How to Apply

Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.

When referencing this job, quote #462761

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.