Assistant Controller

6 days ago

Toronto, Ontario, Canada Starlight Investments Full time
Starlight Investments, in conjunction with WP Osborne Executive Search, is seeking an Assistant Controller to join their Finance team.

Assistant Controller


Reporting to the Controller, the Assistant Controller will be responsible for managing the overall financial operations of various entities and to provide accurate information, including analysis, budgeting, forecasting and preparation of financial reports.

The Assistant Controller will lead, coach and mentor a team of accounting professionals and provide direction to the 3rd party property managers.


Duties and Responsibilities:

  • Manage the accounting operations including the detailed review of journal entries, balance sheet account reconciliations and financial statements.
  • Detailed review of the monthly, quarterly and annual operating results for each property.
  • Work with external auditors, including the preparation of audit working papers and financial statements.
  • Overseeing the preparation of tax returns (Canadian) completed by tax team to ensure critical deadlines are met.
  • Generate financial information for quarterly and annual reports and responsible for the accuracy and timeliness of financial information.
  • Detailed review of monthly cash calls from the property managers to ensure accuracy and that the requests fall within company guidelines.
  • Review of the weekly cash flow analysis and assist in managing various treasury functions.
  • Detailed review of account reconciliations completed by the accounting manager and accountants.
  • Responsible for monthly financial statements review and external reporting to financial institutions, ensuring all reporting requirements are met.
  • Responsible for the preparation of quarterly and annual financial statements and all corresponding notes to the financial statements.
  • Review financial performance against budget and comparative periods, analysis of variances and communication to various stakeholders.
  • Lead, guide, and coach a team of professional accountants.
  • Review the recording of the trust ledgers and work with the legal team to ensure complete and timely information.
  • Responsible for gathering accurate information to assist in the statement of adjustments for property dispositions.
  • Detailed review of acquisition, disposal, and refinancing journal entries. Assume responsibility for journal entry preparation for complex transactions.
  • Special projects a s required, including acquisitions, disposals, financing transactions and process improvements.
Qualifications


The successful candidate will possess a University Degree in Business/Accounting and professional accounting designation; a minimum of 5 years progressive experience with real estate or relevant industry, including at least 2-3 years in a leadership role; excellent communication, interpersonal and organizational skills with a strong sense of ownership and accountability with the ability to resolve issue and work well in a deadline driven environment, as well as proficiency with Excel.

Application

Qualified candidates can submit their resume via LinkedIn.

Starlight Investments

Starlight Investments is a leading global real estate investment and asset management firm.

Established in 2011 and privately owned, Starlight has grown to a dynamic team of 360+ professionals who manage over $25 billion of direct real estate and real estate investment securities.

Offering a range of investment vehicles across various real estate strategies, we are a developer and asset manager of over 77,000 multi-residential suites and over 9 million square feet of commercial property space.

Holding Canada's largest portfolio of multi-family assets, we have a strong focus and commitment to creating a positive impact for our communities.

To learn more about Starlight, please visit or follow the company on LinkedIn.

Starlight's People Value Proposition

  • Diverse multigenerational workforce
  • Competitive and equitable compensation
  • Employer matching Group Retirement Savings Plan
  • Comprehensive benefits packages including Health and lifestyle spending accounts
  • Maternity leave topup
  • Leadership and mentorship programs
  • Investment opportunities in Starlight funds
  • Seasonal office hours
  • Annual companywide volunteer day (Impact Day)
  • Awardwinning Environmental Social Governance (ESG) Strategy
  • Personal and Cultural days
  • Designated CPA Training Facility


Starlight's total compensation framework is comprised of annual base salary, discretionary bonus and company benefits such as medical and wellness, Group RSP and other incentives.

Diversity, Equity and Inclusion


Starlight is dedicated to creating a workplace culture of inclusiveness that reflects the diverse communities that the company operates in.

We invite all interested individuals to apply and encourage applications from members of equity-deserving communities, including but not limited to women, persons with disabilities, visible minorities (racialized), Black, Indigenous Peoples and persons of any gender identity and sexual orientation.

Environmental Social Governance (ESG)


As one of the largest rental housing providers in Canada, Starlight's focus on ESG is aligned with the company's broader purpose to invest with impact and drive social and economic growth through real estate.

This focus shapes business operations and influences interactions with employees, investors, partners and communities.

WP Osborne Executive Search


WP Osborne is a privately owned search firm delivering full-service recruitment expertise for over 20 years to a broad range of clients in the real estate industry.

Our expertise extends across every major asset class including multi-residential, office, industrial, retail, mixed-use, condo, hotels, and senior living across the functions of asset management, investments, development, construction, leasing, property management, portfolio management, finance, marketing, IT, HR and strategy.

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