Accounting Manager

2 weeks ago

Sherwood Park, Canada The Luxus Group Full time

The Luxus Group (“Luxus”) is a family-owned and operated, property management and real estate development firm based in Sherwood Park, Alberta with offices in New York, Tuscany, and Las Vegas.

With an initial vision of enhancing the way people invest in their lifestyle and experiences, Luxus launched its first division in 2007, Luxus Vacation Properties. Over the past 15+ years, Luxus has achieved growth by consistently pursuing innovative opportunities and building trusted relationships with its clients, vendors, and suppliers around the world. This evolution has led to the creation of additional divisions, such as our US based operations which includes Luxus Developments, and Luxus Restorations. Other Luxus Canada projects include Ena Lake Lodge Fishing Club, a private fly-in fishing lodge in Northern Saskatchewan and Luxus Real Estate Advisory.

Looking ahead to the next 10 years and beyond, Luxus is positioning itself to become a leader in the mid-luxury short-term rental (STR) space, using our 15+ years of experience to expertly manage a hotel-quality experience with our trusted brand in this rapidly expanding home-sharing market.

**LUXUS CULTURE**

At Luxus we pride ourselves on having a unique, high-performance culture that is fun, collaborative and supportive. The Luxus Culture is best described through its six core values, which are:

- **Excellence**: we deliver our best, every day.
- **Positivity**: we approach challenges with a positive attitude and an open mind.
- **Integrity**: we always do the right thing.
- **Forward-thinking**: we are innovative.
- **Humility**: we are grateful.
- **Family**: we embrace the family spirit.

Our talented team members are truly dedicated to helping clients see new places, try new experiences and build lasting memories with their families and friends. As an employer, we are committed to supporting our team members with these same experiences by encouraging (and funding) their professional development, personal health & wellness, and travel goals.

**POSITION SNAPSHOT**

**Position**:Accounting Manager - LMC Canada

**Reports to**:Controller - LMC Canada

**Direct Reports**:Accounts Payable Clerk & Accounting Coordinator

**Office Location**:Sherwood Park, Alberta

**MANDATE**

The Luxus Group wishes to hire an Accounting Manager to join our finance team with an initial responsibility of managing the $40M liquidation and wind-up of two limited partnerships within our organization. If you love working within a team environment and have proven skills in managing accounting functions in a fast-paced industry, we have an opportunity for you. We are looking for an individual with high integrity, vision, strong interpersonal relations skills and outstanding time management skills to take on the role of Accounting Manager.

Reporting to the LMC Canada Controller and serving as an integral member of the accounting team, the Accounting Manager will play a critical role in ensuring the accurate and efficient execution of financial operations throughout the liquidation period for our Premiere I & Premiere II collections. This role will encompass ensuring the accuracy and timeliness of monthly financial reporting, management of budgeting and forecasting functions and oversight of the accounts payable and accounts receivable functions.

**KEY ACCOUNTABILITIES**

The position will include the following key accountabilities:
**Financial Management**:

- Act as a trusted advisor to the Controller and leadership team.
- Manage the execution of the $40M liquidation and wind-up process of two limited partnerships (Premiere I & II Collections) over 18-24 months.
- Manage financial aspects of property dispositions including preparing financial data, calculating accounting and tax gains/losses, facilitating the closing process, and managing withholding taxes in multiple countries.
- Calculating and facilitating the distribution of capital to limited partners in accordance with partnership agreements and legal requirements.
- Preparation and distribution of financial statements, annual report, distribution statements and reports to investors ensuring clear, accurate and timely communication.
- Prepare monthly, quarterly, and annual financials in accordance with ASPE for presentation to the Controller and Executive Team.
- Collaborate with internal teams to manage cash flow, budgeting, and forecasting.
- Provide financial insights and analysis to support decision making during the liquidation process.
- Coordinate preparation of annual tax filing requirements including T5013s.
- Coordinate preparation of and be lead contact for annual review engagements, ensuring adherence to statutory requirements and company policies.
- Supervise day-to-day accounts payable & accounts receivable functions. Including bi-weekly payment review and processing, cash management including forecasting and providing support to the operations team in spend management.
- Updates written documentation of p

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