Senior Manager, Management Accounting
2 weeks ago
Toronto ON, Toronto Census Division, ON; Ontario, Canada
Allied REIT
Full-time
€120,000 - €142,000/month
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Our work is grounded in a clear purpose: to provide knowledge‑based organizations with distinctive urban environments that support creativity, connectivity and human wellness.
We seek to make a continuous contribution to cities and culture that elevates and inspires the humanity in all of us. This vision informs how we operate, how we design and how we lead.
Real estate, for us, is not a passive investment. It is a profoundly human endeavour, one that must promote wellness, sustainability, diversity and creativity—today and for generations to come.
For more information on Allied’s approach to city‑building, visit our Insights page.
Purpose Lead and oversee the property accounting function for a complex portfolio of commercial real estate assets, ensuring accurate financial reporting, effective internal controls, and operational excellence. As Senior Manager, Accounting, you will provide leadership to a team of property accounting professionals while overseeing monthly and quarterly financial reporting, budgeting and forecasting activities, recovery reconciliations, audit coordination, and financial analysis to support Allied’s business objectives.
Reporting to the Controller, Property Accounting, you will collaborate closely with Property Accounting, Portfolio Operations, Finance, Investments, and external auditors to deliver timely and accurate financial information, support strategic decision‑making, and drive continuous improvement across accounting processes and controls. Through strong leadership, technical accounting expertise, and a commitment to developing talent, you will help strengthen Allied’s financial performance, accountability, and long‑term success.
Mentor and lead members of the property accounting team through coaching, training, timely review, and constructive feedback of all deliverables.
Manage the property accounting of a complex portfolio of properties, including, but not limited to Joint Ventures—internally and externally managed, and retail and shared facilities portfolios.
Review recovery reconciliations and shortfall analysis.
Detailed revenue analysis.
NOI / SANOI / FFO / AFFO Analysis.
Detailed balance sheet analysis.
Bank and Sales Tax Reconciliations.
Review and prepare property related financial data and schedules for quarterly financial statements and MD&A.
Assist with monthly and quarterly ad‑hoc analysis and reconciliations.
Review final annual operating costs and tax recovery reconciliations.
Assist with coordinating monthly reporting deadlines and ensure that deadlines are met.
Liaise with auditors and provide information for audit related queries.
Coordinate the internal control audit, including review of the control matrix.
Coordinate the annual CAM statement audits, and quarterly and annual financial audits.
Provide support and leadership in the completion of the annual budget.
Assist with preparation, review and analysis of consolidated budget schedules, including variance analysis and trend analysis.
Assist in providing training and education to encourage on‑going development and improve accounting skills and knowledge.
Active involvement in improving processes and updating SOP’s, including coordinating the review of existing Standard Operating Procedures (SOPs), and implementation of any new SOPs.
Assist in establishing annual department goals and objectives.
Ensure all internal control are adhered to and report any deficiencies.
Ad‑hoc financial analysis, as needed.
Participate in special projects as they arise.
At least 7 years of Property Accounting experience in a commercial/retail real estate company.
Experience in budgeting, full cycle accounting, and reading leases with knowledge of lease terminology.
University Degree in accounting or finance.
Professional Accounting Designation (CPA).
Knowledge of accounting software such as Yardi, MRI or JD Edwards.
Strong computer skills, with advanced skills in MS Excel and knowledge of MS Word.
Strong strategic planning, financial leadership, and business partnering skills.
Would be an asset:
~ Bilingual skills (English and French) is an asset.
$Allied determines individual compensation by work location and other factors, including relevant experience, education and internal equity.
They are intended to support sustained contribution, creativity and a genuine sense of ownership in the work we do.
Shared financial success and an ownership mindset Eligible employees participate in performance‑based bonus programs and a retirement savings program, with the option to invest in traditional funds or Allied units. This approach aligns individual effort with Allied’s long‑term performance and reinforces a sense of ownership at every level of the organization.
Intentional presence and time off In addition to vacation, employees receive six personal days and half‑days before statutory holidays. Allied supports flexibility while maintaining a strong,