Accounting Manager

4 hours ago

Toronto, Ontario, Canada CAPREIT Full time

Job Summary:

The Accounting Manager position serves as a key financial analysis and accounting resource at the property accounting level, providing insightful and timely financial information to the Operations Team. This role requires leadership skills to manage the Property Accountants within the team.

Key Responsibilities:

  • Prepare monthly financial statements and variance analysis for the property accounting portfolio, including reviewing and preparing journal accounting entries and account analysis.
  • Monitor capital expenditure policy application and accuracy.
  • Prepare, review, and coordinate annual budget and quarterly forecasts for property Operating Statements and CAPEX portfolio with Operations and Controller.
  • Prepare and submit reports and financial impact analysis of tenant legislation, as required.
  • Review and prepare schedules for realty tax analysis and appeals, where applicable.
  • Maintain quarterly and year-end accounting working paper files.
  • Ensure compliance with company policies, procedures, and internal controls.
  • Perform other duties as assigned by the reporting manager.

Additional Responsibilities:

  • Assist the reporting manager in providing financial guidance to stakeholders, such as Procurement, Leasing & Revenue, and Operations departments.
  • Identify system or process issues and recommend enhancements.
  • Manage queries from Operations and Head Office staff and auditors.
  • Review and document accounting processes and procedures, recommending changes as necessary.
  • Continuously review business processes for efficiency and effectiveness.
  • Perform ad-hoc tasks as requested by the reporting manager or senior management.

Qualifications:

  • CPA designation or final stages.
  • 3-5 years of relevant industry experience with full-cycle accounting experience.
  • Working knowledge of IFRS and its applications.
  • Strong analytical skills.
  • Ability to work under tight deadlines, multi-task, and prioritize.
  • Self-starter who can work independently and in a cross-functional team.
  • Excellent communication skills, written and verbal.
  • Proficiency in Excel is a requirement.
  • Working knowledge of SAP and BPC is an asset.

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