Senior Property Accounting Manager
1 month ago
Triovest, a leading Canadian commercial real estate company, is seeking a seasoned Senior Property Accounting Manager to lead its property accounting team. As a key member of our team, you will be responsible for overseeing full-cycle accounting activities for a commercial portfolio, including monthly and quarterly financial statements, annual operating costs and tax recovery reconciliations, and more.
Key Responsibilities:- Provide leadership, direction, coaching, and mentorship to develop and motivate a high-performance team, including hiring, training, goal setting, and succession management.
- Ensure 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 implement solutions to achieve optimal results.
- Liaise with property management, asset management, and other functional groups to ensure property accounting team delivers 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 an Equal Opportunity Employer. We are 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.
Applicants who meet the qualifications will be given fair consideration for employment, free from any form of discrimination based on protected grounds.
We are committed to providing reasonable accommodations throughout the recruitment process and while working at Triovest. If you require support applying online because you are a person with a disability, please email us at.
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