Controller

3 months ago

Edmonton, Canada Yorkton Equity Group Inc. Full time

We are a full-service real estate company and an Award-winning developer with over 3 decades of business in real estate investment, development and asset management. Our goal is to be the leading service provider in the real estate industry, building strong partnerships with our stakeholders, employees, families and communities, founded in communication, reliability and trust. We are now seeking a Controller, who is a vibrant and hardworking team player that has the ability to maintain strong team cohesion with other departments to anchor to the success of the organization.

**DUTIES AND RESPONSIBILITIES**:
The Controller is responsible for the entire accounting operation of the multi entity organization comprises of private and publicly traded companies, including inter-company accounting, cash management / reconciliation, production of periodic financial reports, maintenance of an adequate accounting system and records to ensure full compliance with adherence to regulatory standards. The Controller is also required to establish and maintain a comprehensive set of controls on operation and budget to mitigate risk, enhance the accuracy and timeliness of the organizations reported financial results, and be responsible for assisting corporate executives in making educated economic decisions in strategic business and financial planning and forecast, including real estate acquisition and equity financing, and risk management.

**Management**
- To manage a team of accounting staff to ensure the management information system and financial accuracy of the organization, its subsidiaries and affiliates, in a timely manner.
- To direct and oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department’s goals and objectives, which contributes to the overall success of the organization.
- To develop and implement finance, accounting, auditing procedures, policies and SOP, internal control safeguards to ensure integrity of all systems, data, and processes.
- To ensure the accounting department is staffed with qualified financial personnel, and provides necessary coaching and continued development of these associates as well as day-to-day management duties, and maintains strong team cohesion with other departments in achieving organization success.

**Transactions**
- To establish timely and accurate controls of all transactions including but not limited to cash controls, collection of rents, security deposits, accounts receivable and payable, general ledger, purchase orders, fixed assets, and payroll functions through Ceridian.
- To verify and ensure prompt payment for vendor invoices and recurring billings, including but not limited to, mortgage/loan, insurance premiums, license and permit fees, credit cards, utilities, GST, taxes and property taxes.
- To ensure monthly bank reconciliations are completed in an accurate and timely manner.
- To ensure accurate and timely rent rolls, tenant ledger for rent collection and eviction, and tenants move-out statement of account are prepared.
- To maintain the chart of accounts and Synopsis, and an orderly accounting filing system.

**Reporting**
- To provide monthly and periodic financial and management information reports on all active entities in full compliance with corporate policies and regulatory standards.
- To prepare annual corporate budgets, property capital and operation budgets collaboratively with various departments and senior management.
- To evaluate variances from the budgets on a monthly basis or as otherwise required, and report significant issues to top management from time to time.
- To provide financial analysis as necessary for real estate acquisitions and projects, stock valuations, capital investments, pricing decisions, lease and contract negotiations.

**Compliance**
- To provide annual financial statements to external accountants and auditors for income tax filings pursuant to the Income Tax Act.
- To provide information as required by financial institutions for annual review of mortgages and loans, and monitor debt levels to ensure compliance with debt covenants from time to time.
- To be responsible for the filing of quarterly and annual reports to shareholders, limited partners, investors, and security regulatory.
- To provide guidance ensuring efficacy of other departments within the organization. With particular attention to compliance of relevant legislation, statutory and security regulatory requirements of a public company.

**QUALIFICATIONS**
- Degree in accounting, and the CPA designation.
- Minimum 10 years of hands-on accounting experience with progressively increasing responsibilities to a Controller position.
- Ability to prepare full set of financial statements in IFRS / GAAP standards.
- Experience in finance, cash flow analysis, cost control and management, budgeting and projection.
- Ability to troubleshoot and analyze financial data in a complex mult

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