Manager, Accounting

7 months ago

Toronto, Canada BGO Full time

**Accounting Manager**

**1 York | Toronto, ON**

**Who We Are**: BGO is a leading, global real estate investment management advisor and a globally-recognized provider of real estate services. BGO serves the interests of more than 750 institutional clients with expertise in the asset management of office, industrial, multi-residential, retail and hospitality property across the globe. BGO has offices in 28 cities across twelve countries with deep, local knowledge, experience, and extensive networks in the regions where we invest in and manage real estate assets on behalf of our clients in primary, secondary and co-investment markets. BGO is a part of SLC Management, which is the institutional alternatives and traditional asset management business of Sun Life.

BGO promotes a corporate culture that attracts and retains the highest caliber people. We encourage opportunities for growth, development, and promotion by providing our employees with the resources to work effectively and continually strive to perform better. We are committed to a safe and sustainable work environment.

**The Opportunity**: The Accounting Manager is responsible for adding value to BGO staff and clients through direct supervision of accounting staff to ensure accurate and timely financial information to better manage properties and budgets, make timely decisions, provide meaningful financial reports, and monitor and control cash flows. The Manager will utilize leadership and decision-making qualities in the continuous improvement of processes, proper training, development, and mentoring of property accounting staff to transfer knowledge, create a positive work environment and develop solid skill sets.

**What You Will Do**:

- Direct Supervision of 3 - 4 Property Accounting Staff
- Supervise the day-to-day activities of property accounting staff to ensure the efficient operation of all properties under management
- Responsible for timely and accurate completion of annual activities such as property budgets, cash flow forecasting, final operating cost recovery adjustments, annual property taxes, and property audits
- Responsible for timely and accurate completion of monthly activities including month ends, cash flows, and monthly reporting
- Review of monthly and annual property accounting activities to ensure that desired results are achieved according to deadlines, GAAP, and client policies/requirements
- Responsible for conflict resolution and decision making when required
- Liaise with property site staff, leasing staff, other members of management and clients to ensure they are receiving responsive service as well as provide assistance and advice as necessary
- Planning and Monitoring
- Plan timing and completion of annual and monthly activities including annual budgets, annual audits, annual operating cost recovery adjustments, annual property taxes, monthly cut-off schedules, and monthly reporting
- Monitoring of annual and monthly cycles to ensure completion and quality of desired results in accordance with deadlines
- Manage staff workloads to ensure fairness and that all BGOCLP/client needs are met in a timely manner
- Ensure that all client and staff requests are met through delegation and monitoring
- Training, Development, and Continuous Improvement
- Responsible for ensuring existing and new staff members receive appropriate level of training for systems and procedures including monthly and annual activities
- Responsible for being a resource for staff to come to for guidance and direction
- Responsible for performance management and ensuring that property accounting staff continue to develop and utilize skills that are necessary to complete job responsibilities
- Develop technical, analytical, and communication skills of property accounting staff through targeted and focused review of monthly and annual files and constructive feedback
- Responsible for continuous improvement of property accounting staff and policies and procedures
- Support and Assist Controller
- Assist in the overall management of the accounting team including planning, monitoring, and communicating any issues that require management input
- Assist in staff motivation and celebration as well as ensuring that a positive work atmosphere is maintained
- Identify and analyze problems and take decisive action if an appropriate solution is achieved
- Provide input on staffing requirements and issues
- Take on special projects as delegated including process improvements and senior management requests
- Other Duties
- New property set up, analysis, and follow up of outstanding issues as required
- Property sales/turnover - final operating statements, funds distribution, GST/HST reconciliation, closing of bank accounts, and any other relevant closing duties
- Full understanding of all property specific processes and upkeep of pertinent information relating to specific properties
- Input / feedback for improving procedures and initiating quality and efficiency e

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