Manager, Property Accounting

5 days ago

Toronto, Canada Crown Property Management Inc. Full time

**Position Summary and Objectives**:
The Manager, Property Accounting reports to the Director, Property Accounting to provide reliable and timely financial reports for properties managed by Crown on an efficient basis and provide efficient support to property managers and administrators. This position oversees and manages the property accounting team.

**Responsibilities**:
**Provide Superior Returns to our Investors through Accurate and Reliable Financial Information**:

- Ensure monthly financial reports are delivered accurately and timely
- Ensure all accounting records are kept up to date within guidelines
- Assist with auditors requirements
- Review of annual budgets and assist Property Managers in completion of annual budgets
- Assist in the accounting of property acquisitions and dispositions, due diligence and preparation of statement of adjustment and post closing adjustments, as required
- Continually monitor and review accounting processes and procedures and recommend changes as appropriate to ensure internal controls and/or efficiencies are improved to meet industry best practices
- Responsible for CAM & Tax recoveries including year-end billing
- Assist in capital costs tracking
- Responsible for review of working papers
- Assist with Yardi upgrades and implementations of new accounting software/modules
- Support the property administration staff in the financial management of their properties
- Developing and maintaining Standard Operating Procedures for accounting functions

**Deliver Excellent Service to Tenants and Vendors**:

- Efficient and effective communication, in a professional manner, with all employees and clients

**Hire, Train and Motivate Employees and Provide Rewarding Careers**:

- Supervise Property Accountants in full cycle accounting on an on-going basis
- Train and mentor accounting staff in all aspects of property accounting
- Handle all aspects of training, development, and continuous improvement of staff, processes, and procedures
- Perform ongoing performance management for subordinates and seeks opportunities for their development and advancement
- Motivate staff and promotes a positive work atmosphere
- Foster a respectful and positive work environment for all employees
- Provide clear direction and expectations while supporting and encouraging the team
- Adhere and promote Crown policies to team members

**Performs other related responsibilities as requested from time to time.**

**Qualifications**:
**Education**:

- Bachelor’s Degree or College Diploma in Accounting, or related field; and Professional accounting designation (CPA)
- Must maintain Canadian CPA designation in good standing

**Professional Experience**:

- 5-10 years accounting experience within a commercial real estate company
- Experience supervising junior or senior level accountants
- Excellent knowledge of accounting practices applicable to real estate, property management, budgeting, tenant chargebacks, financial and management reporting
- Advance excel skills and working knowledge of real estate and property management financial accounting systems and software

**Personal Competencies**:

- Supports teamwork environment with positive and professional attitude
- Open to learning, developing new skills/knowledge
- Focuses on results, anticipates problems, identifies solutions, takes action
- Understands all aspects of job - impact on business goals
- Proactively assesses, responds to workflow deficiency, and adheres to Crown policies
- Goes the "extra mile" to understand and respond to tenant/customer needs
- Flexibility to changing work conditions including interruptions and multi-tasking ability
- Behaves and makes decisions that support Crown goals/objectives
- Conducts business consistent with sustainability
- Strong written and verbal communication skills
- Understand basic financial management; specifically procedures for expenses/revenues
- Ability to work independently and under pressure, deal with deadlines
- Demonstrates integrity in decision making, listening, treatment of others
- Mentors and develops others

CPMI is committed to accommodating employees with disabilities throughout their employment with Crown in accordance with the Accessibility for Ontarians with Disabilities Act (AODA). If you require accommodation, please let us know.

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