Manager, Accounting, Client Services
5 days ago
**DUTIES AND RESPONSIBILITIES**
- **General Accounting **Oversees and is personally involved in the day-to-day general ledger transactions, accounting activities, including analyzing records and preparing financial statements, in order to ensure the integrity of all information recorded and accurate reflection of the financial state of a given portfolio.
- **Financial Reporting **Reviews a variety of financial reports/statements including but not limited to the monthly/quarterly financial statements & exception reports, annual budget and reforecast, income tax filings to ensure the completeness, accuracy & integrity of statements and reports, while also working with the Information Technology group to enhance current report formats or create new reports in order to better meet the needs of end user groups.
- **Cash Management **Reviews analysis of and monitors cash requirements for mortgages, development projects, capital expenditures, distributions, acquisitions, dispositions and any other capital cash requirements. Reviews and approves the monthly release of cash distributions of earnings to investors (approval of distributable amounts for release) while liaising with investors or related trustees on queries on information being requested.
- **Support to Annual Audit Process **Assists with the audit process through the review of working papers and financial statements in addition to fielding external audit queries to facilitate the completion of portfolio audits
- **Continuous Improvement **Reviews, contributes to the development and implementation of company-wide policies and procedures within the accounting departments and at the site locations and offices, in order to improve efficiency as well as recommend any necessary changes to reflect changing business process or external accounting practices and regulations environment.
- **Stakeholder Relationships **Effectively communicates and develops relationships with various internal functions to ensure timely submission of information in accordance with the business plan and to provide responsive and high-quality service, advice and assistance to internal client groups, while providing support when complex accounting issues arise.
- **Budgeting and Reforecasting **Communicates annual budgeting and re-forecasting plan and year-end timelines to accounting staff, while coordinating and planning schedules to ensure a timely close and proper review/sign off of statements. Also liaises with other company department members, and accounting team members to ensure accuracy and consistency of information.
- **Management and Development of Staff **Is responsible for hiring, on-the-job training, managing and coaching of property accounting personnel.
Any other job-related duties and/or projects that may be assigned.
**MINIMUM REQUIREMENTS**
**Skills, Knowledge, Experience and Education**
- Bachelor’s degree in a related field (e.g. Business, Accounting, etc.) or equivalent
- CPA designation
- Minimum of 7 years of relevant accounting experience with exposure to lease/revenue accounting in a real estate setting
- Working knowledge of internal controls.
**Core Competencies**
- Excellent communication skills (both written and verbal)
- Good organizational and time management skills
- Strong analytical and problem solving skills
- Attention to detail
- Effective management and team building skills
- Ability to multi-task
- Lease interpretation skills
- Deadline oriented.
**ADDITIONAL REQUIREMENTS**
- Practical knowledge of Yardi is an asset
- Previous experience in real estate is an asset
- Understanding of Realty Tax legislation within Property Management field is an asset.
Morguard is a fully integrated real estate company. We own, manage and invest in high-quality, well-located, geographically diversified assets across North America. We have built our business with strong leadership and a proven management platform that have generated substantial, risk-adjusted returns - and significant long-term growth. With more than 40 years of experience and a dynamic team of 1,500 professionals, our commitment is to realize the potential of real estate through value creation and operational excellence.
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