Senior Manager, Property Accounting

CHOICE PROPERTIES; Toronto; Hybrid; CAD 118,000 - 162,000; Full time

Job summary

Choice Properties REIT, Toronto-area hybrid role, seeks a Senior Manager, Property Accounting to lead a team and ensure accurate month-end close and IFRS-compliant reporting.

The role requires 8+ years in property accounting, CPA preferred, and collaboration with Operations and Leasing. You will mentor staff, manage external audits, and drive process improvements for timely year-end reporting.

Qualifications

• Eight+ years of progressive Property Accounting experience, preferably in commercial real estate, with at least 3 years in a senior supervisory/manager role.
• Post-secondary education or an equivalent combination of education and relevant experience.
• Strong analytical skills with the ability to review financial activity and results.
• Solid understanding of accounting controls and IFRS; excellent verbal and written communication.
• CPA/CMA/CGA designation preferred.
• Experience with JD Edwards is an asset.

Responsibilities

• Lead and develop a team of Property Accounting Managers and Financial Analysts.
• Ensure timely, accurate accounting and processing of all financial activities.
• Review monthly, quarterly and budget results with variance analysis and management reporting.
• Monitor performance and provide financial insights and commentary on trends and drivers.
• Oversee monthly working papers, year-end statements, and coordinating audits.
• Coach, mentor and develop team members; drive process improvements and cross-functional collaboration.

Skills

Leadership

Financial analysis

IFRS knowledge

Communication

Education

Post-secondary education

CPA/CMA/CGA preferred

Tools

JD Edwards

Microsoft Office

Job description

Location:Suite 2201-4525 Kingston Road, Toronto, Ontario, M1E 2P1Position Title: Senior Manager, Property AccountingOffice Location: Morningside or St. ClairHybrid Model: 3 days in officePosition OverviewThe Property Accounting team at Choice is a key service group focused on delivering timely and accurate results for month-end and operational business decisions. The team comprises of designated accounting professionals and long-standing industry leaders. Reporting directly to the Director, Property Accounting, in this role, you will be a key supporter of process improvements and alignment across the group and will mentor a high performing team as a value-added partner for the business.Responsibilities:Lead and develop a team of Property Accounting Managers and Financial Analysts, fostering a high-performance and collaborative culture.Provide expert guidance and support to business leaders and employees on financial information, accounting processes, and operational matters.Ensure the timely, accurate, and reliable accounting and processing of all financial activities within the portfolio.Maintain compliance with tenant lease agreements, Choice Properties’ accounting policies, and applicable IFRS requirements.Review and analyze monthly, quarterly, and budget financial results, including variance analysis and management reporting.Monitor business performance and provide meaningful financial insights and commentary on trends, variances, and key drivers compared to budget and prior periods.Oversee the timely preparation and review of monthly working paper packages, ensuring completeness and accuracy.Ensure deliverables to co-owners are provided in accordance with established timelines, including Cash Distributions, HST, GST, and QST submissions.Prepare and review year-end legal entity financial statements.Oversee the accurate and timely completion of interim and year-end billings, rental advice notices, and major tenant tax billings.Manage the CAM and joint venture audit processes, including the review of audit deliverables and coordination with external auditors.Partner closely with Property Operations, Leasing, and cross-functional teams to deliver responsive, value-added support.Identify and implement opportunities to enhance reporting quality and streamline processes to improve team effectiveness.Proactively manage team capacity, priorities, and deliverables to ensure departmental objectives are achieved within established deadlines and quality standards.Ensure acquisition and disposal of properties is timely and accurately recorded, which may require preparation of statement of adjustments as necessary.Coach, mentor, and develop team members, supporting succession planning and long-term talent growth.Assistance with ad-hoc projects as required.Qualifications:Minimum eight (8) years of progressive Property Accounting experience, preferably in commercial real estate, with at least 3 years in a senior supervisory/manager role.Completion of a related post-secondary program or an equivalent combination of education and relevant experience.Strong analytical skills with the ability to review and understand financial activity and results.Solid understanding of accounting and internal controls and procedures.Strong verbal and written communication skills, with the ability to interact effectively with individuals at all levels of the organization.Proficiency with Microsoft Suite applications (Excel, PowerPoint, Word).Critical thinking and problem-solving skills with high level of attention to detail and accuracy.Ability to work independently and as an integral part of a team, with minimal supervision.Proactive, self-motivated, and flexible while working in a fast-paced deadline-driven environment.Accounting designation (CPA, CMA or CGA) preferred.Experience with J.D. Edwards system is an asset.About Choice PropertiesChoice 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:1Please Note: If you have Employee Self Service (ESS) on Workday, apply to this job via the Workday application.Hiring Range / Échelle salariale à l’embauche :$118,020.00 - $162,277.50 / 118.020,00$ - 162.277,50$ (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 a newly created position. 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 nouvellement créé. L’entreprise utilise l’intelligence artificielle dans le but de filtrer, d’évaluer et/ou de sélectionner les candidats à ce poste.