Accounting Team Lead
1 month ago
Triovest is seeking a seasoned accounting professional to lead our property accounting team in Toronto, Calgary, or another suitable location. As a Manager, Accounting, you will be responsible for providing leadership, direction, and coaching to develop and motivate a high-performance team.
Key Responsibilities:- Lead a team of accounting professionals in the timely and accurate completion of annual activities such as property budgets, final operating cost recovery adjustments, annual property taxes, and property audits.
- Participate in the planning process for timing and completion of annual and monthly activities, including forecasts, annual budgets, audits, annual operating cost recovery adjustments, property taxes, monthly cut-off schedules, and monthly reporting.
- Review direct team activities to ensure desired results are achieved according to deadlines, accounting standards, standard operating procedures, and policies/requirements.
- Responsible for timely completion of property accounting activities, including month-end, quarter-end, year-end, operating cost audits, recoveries, budgets, and forecasts.
- Proactively identify and analyze opportunities for improving quality, effectiveness, and efficiency of team deliveries, and take action to put solutions in place to achieve optimal results.
- Liaise with property management, asset management, and other functional groups to ensure property accounting team is delivering responsive, top-tier service, and provide assistance and support as required.
- Work with internal and external auditors on operational reviews and audits, as well as audit working papers, financial statement audits, and operating cost audits for tenants.
- Support positive team dynamics and culture, including a positive, open, team-focused work atmosphere.
- Support with new property setup, analysis, and follow-up of complex and/or outstanding issues, such as clearing balance sheet reconciliations, as required.
- Support with property onboarding and offboarding, including helping to prepare final operating statements, distributions, tax reconciliation, bank accounts, and other acquisition and disposition-related activities.
- Provide expert knowledge on property accounting and act as a go-to resource for the team.
- Actively contribute to process improvement ideas and lead or participate in special projects for the ongoing advancement of best-in-class capabilities and service excellence.
- Review and approve financial accounting working papers to ensure effective property accounting, including follow-ups and resolutions as required for best-in-class service and for both internal and external auditors.
- Deliver service excellence to all clients, tenants, and team members.
- Professional accounting designation (CPA) is an asset combined with a post-secondary degree in a related discipline.
- A minimum of 5 years of progressive accounting experience in the commercial real estate, preferably from an asset manager/owner/3rd-party manager.
- Proven ability to train, mentor, and oversee junior accounting staff, ensuring accuracy and completion of deliverables to clients.
- Adept at conducting thorough reviews of junior staff's accounting work, providing constructive feedback, and implementing necessary corrections to maintain accuracy and compliance.
- Expertise in CAM and Tax recoveries calculations for Office, Industrial, and Retail tenants.
- Exceptional attention to detail with a focus on achieving high-quality outcomes and meeting deadlines.
- Aptitude in identifying, analyzing, and solving problems with sound decision-making skills.
- Knowledge of commercial property accounting software such as Yardi.
- Strong interpersonal skills with an outstanding level of integrity that will gain the trust and respect of staff and external stakeholders.
- Demonstrated organizational skills, and the ability to effectively prioritize in a demanding, high-paced environment.
- Ability to communicate complex accounting concepts clearly and effectively to junior staff, fostering a collaborative and supportive team environment.
- Ability to resolve complex issues and unforeseen obstacles quickly and efficiently.
- Must be inclusive and supportive of the diversity within the Triovest team.
Triovest is committed to creating a culture of equity, diversity, and inclusion, including fostering a safe and respectful environment that allows for diverse perspectives—a work environment in which all employees are valued and have an equal opportunity to achieve success.
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