Supervisor, Property Accounting
1 month ago
Reporting to the Operations Accounting Manager, you'll collaborate with various real estate-focused teams, including Financial Planning and Analysis, Property Management, Development, and Lease Administration. In this role, you'll deliver timely and accurate management reporting and analytical support. You'll supervise a team of property accountants, focusing on their growth and the continuous improvement of accounting processes.
Responsibilities Lead and mentor a team of property accountants, providing comprehensive training and fostering professional development. Guarantee adherence to financial reporting procedures and timelines. Produce in-depth property-level reporting and variance analysis (monthly and quarterly), including key metrics like Net Operating Income (NOI). Develop and review property accounting budgets, ensuring precision and on-time submission. Analyze budget variances on a regular basis. Support the implementation and maintenance of a property accounting initiative, including the configuration of cost recoveries processes Conduct lease audits, set up, analyze, and review property-related charges (such as CAM and tax) for billing accuracy and efficiency. Assist with resolving tenant discrepancies. Supervise the team's accounting work, with particular attention to lease-related accounting. Timely completion of adjustments, working closely with Property Management to send tenant notices and chargeback billings. Prepare and approve regular journal entries, analyzing any discrepancies between actual costs, budgets, and forecasts. Promote compliance, consistency, and clarity throughout all property accounting functions. Coordinate with auditors (both external and internal) to provide reports and necessary information. Manage key projects, collaborate with other finance teams, and ensure accurate accounting and reporting of metrics. Handle additional projects as assigned by the Operations Accounting Manager. Experience Required CPA is required for this role. Minimum of 3 years of experience in a senior accounting role within the real estate industry. In-depth understanding of lease contracts, terms, and clauses. Experience with CAM recovery processes, ideally within retail. Solid comprehension of IFRS property accounting principles. Strong leadership abilities and the capacity to motivate a team. Intrigued by this position and think you might be a good fit? Contact Tim Dunn at t.dunn@totemtalent.ca to explore further.]]>
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Supervisor, Property Accounting
4 weeks ago
Toronto, Ontario, Canada Totem recruteur de Talent Full timeReady to level up your accounting career and become a leader? Totem has an incredible opportunity for a Senior Property Accountant to step into a management role with a prominent REIT.Reporting to the Operations Accounting Manager, you'll collaborate with various real estate-focused teams, including Financial Planning and Analysis, Property Management,...
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Supervisor, Property Accounting
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