Senior Manager, Real Estate Finance

Loblaw; Brampton; On-site; CAD 100,000 - 132,000; Full time

Job summary

Loblaw Companies Limited in Canada is seeking a Senior Manager to own lease accounting under IFRS 16 for the Real Estate (LRE) group. You will liaise with Lease Admin, IT, External Reporting, Internal Control, and Governance to ensure complete and accurate disclosures.

The role requires CPA designation, 3-5 years of relevant experience including management, strong leadership and Excel skills, and a proactive approach to driving process improvements and governance across the organization.

Qualifications

• CPA designation required.
• 3-5 years of relevant work experience including management.
• Strong leadership and ability to develop colleagues.
• Solid IFRS 16 knowledge and accounting standards.

Responsibilities

• Own all aspects of IFRS 16 lease accounting.
• Prepare periodic journal entries across entities.
• Manage ROU and lease liability roll.
• Coordinate with Lease Admin, IT, External Reporting and Governance.
• Lead the team and support budgeting and 10-year plan.
• Participate in ESG controls and impairment processes.
• Identify opportunities to streamline LRE processes.

Skills

Leadership

Project management

Communication

Analytical skills

Proactive

Excel proficiency

Education

Certified Professional Accountant

Tools

Microsoft Excel

Job description

Come make your difference in communities across Canada, where authenticity, trust and making connections is valued – as we shape the future of Canadian retail, together. Our unique position as one of the country's largest employers, coupled with our commitment to positively impact the lives of all Canadians, provides our colleagues a range of opportunities and experiences to help Canadians Live Life Well®.

At Loblaw Companies Limited, we succeed through collaboration and commitment and set a high bar for ourselves and those around us. Whether you are just starting your career, re-entering the workforce, or looking for a new job, this is where you belong.

Overview:

Opportunity to be part of the Finance team supporting Real Estate (LRE) at one of Canada’s largest companies. Reporting to the Director, the Senior Manager will own all aspects of lease accounting, liaising with internal and external partners to ensure the completeness and accuracy of all lease related disclosures. This Senior Manager will also support Real Estate on accounting standards issues and liaise with the Financial Reporting team on the accounting for non-routine transactions and regulatory financial reporting requirements.

ACCOUNTABILITIES:

• Ownership of all aspects of the lease accounting standard under IFRS 16
• Periodic analysis and journal entries, across many legal entities
• Periodic roll of the ROU and Lease Liability
• Liaise with various teams, such as Lease Admin, Information Technology, External Reporting, Internal Control Compliance and George Weston Limited
• Liaise with the Governance team on data validation procedures
• All period end close functions and periodic forecast
• Special projects as assigned
• Participation in the annual budget and 10-year budgeting plan
• Lead and support a small team in the achievement of the above
• Participate in the review and design of the controls around Real Estate related ESG measur
• Participation in the annual impairment process
• Continued search for opportunities to streamline and find efficiencies in all LRE processes
• Lead and participate in special projects as assigned

SKILLS REQUIRED:

• Certified Professional Accountant
• 3-5 years relevant work experience, including management experience
• Strong leadership focus and ability to develop colleagues, provide guidance, direction and training, and promote a positive working environment.
• Solid technical accounting knowledge specifically the IFRS 16 standard.
• Team player with exceptional planning and prioritizing skills
• Results oriented – consistently delivers on time and drives for results
• Proactive individual, able to effectively manage various projects simultaneously
• Strong project management skills with the ability to leverage resources (people, processes, departments, tools) to complete objectives efficiently and effectively
• Strong problem solving, analytical and conceptual skills; can see the "big picture" in a complex environment, possesses the tenacity to find solutions
• Strong communication & presentation skills, both verbal and written with the ability to effectively interact with all levels of the organization and able to effectively obtain information and communicate issues and requests to others
• Advanced skills in Microsoft Excel

Our commitment to Sustainability and Social Impact is an essential part of the way we do business, and we focus our attention on areas where we can have the greatest impact. Our approach to sustainability and social impact is based on three pillars – Environment, Sourcing and Community – and we are constantly looking for ways to demonstrate leadership in these important areas. Our CORE Values – Care, Ownership, Respect and Excellence – guide all our decision-making and come to life through our Blue Culture. We offer our colleagues progressive careers, comprehensive training, flexibility, and other competitive benefits – these are some of the many reasons why we are one of Canada’s Top Employers, Canada’s Best Diversity Employers, Canada’s Greenest Employers & Canada’s Top Employers for Young People.

If you are unsure whether your experience matches every requirement above, we encourage you to apply anyway. We are looking for varied perspectives which include diverse experiences that we can add to our team.

We have a long-standing focus on diversity, equity and inclusion because we know it will make our company a better place to work and shop. We are committed to creating accessible environments for our colleagues, candidates and customers. Requests for accommodation due to a disability (which may be visible or invisible, temporary or permanent) can be made at any stage of application and employment. We encourage candidates to make their accommodation needs known so that we can provide equitable opportunities.

Please Note

Candidates who are 18 years or older are required to complete a criminal background check. Details will be provided through the application process.

Hiring Range / Échelle salariale à l’embauche :$100,000.00 - $132,000.00 / 100.000,00$ - 132.000,00$ (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.

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