Controller
2 weeks ago
**About us**:
Lépine is well established as a premier builder and landlord in Eastern Ontario, and specializes in building premium, resort-style, multi-family apartment communities. We have built well over 10 million square feet of residential construction and continue to grow. The company's principals of uncompromising quality and investment in the future of real estate have been their guiding compass while charting a new course for the home building industry. With over 60 years of construction history and more than 40 multi-residential properties, Lépine has led the way in creating a new standard of living, unique in today's rental markets in Canada.
Lépine believes that when you build quality you build a solid investment. When living space is designed to reflect and connect with the beauty of the creation surrounding it, occupants are inspired to live a healthy and active lifestyle. Being active in nature and in the community fosters safe and respectful neighborhoods. These communities provide the structure of socially strong and prosperous cities which are in turn the foundation of this great country.
**Purpose**:
The Controller - Property Management plays a pivotal role in overseeing the financial operations of the company's property management division. They are responsible for managing accounting functions, preparing financial reports, coordinating with external stakeholders, and leading special projects as assigned. This hands-on role requires meticulous attention to detail, strong analytical skills, and the ability to mentor and guide team members.
**Responsibilities**:
- Financial Reporting and Analysis:_
- Compile, analyze, review, and present monthly, quarterly, and annual financial results for a group of entities.
- Coordinate, review, and present financial and management reports including cash flow management and forecasting, actual vs budget analysis, cost summaries, and other relevant reports.
- Analyze and report cost variances to identify areas for improvement or potential issues.
- Budgeting and Forecasting:_
- Lead the annual budgeting process, working closely with relevant stakeholders to establish financial targets and goals.
- Assist with cash flow management and forecasting to ensure optimal financial health and stability.
- Financial Accounting and Reporting:_
- Oversee all aspects of financial accounting and reporting for the property management division, including monthly general ledger account reconciliation, accruals, fixed asset amortization, and journal entry preparation.
- Prepare and consolidate monthly, quarterly, and year-end financial statements in compliance with regulatory standards.
- Manage all aspects of the general ledger and provide monthly, quarterly, and year-end analyses to support decision-making.
- Accounts Payable and Revenue Oversight:_
- Oversee the Accounts Payable process to ensure timely and accurate payment processing.
- Ensure proper rent is being charged and processed in accordance with lease agreements.
- Monitor revenue streams and accounts receivable processes to maintain financial accuracy and compliance.
- Lease Administration and Compliance:_
- Oversee lease administration processes, ensuring leasing documentation is up-to-date and in compliance with regulatory requirements.
- Coordinate with legal and compliance teams to address any lease-related issues or concerns.
Special Projects and Additional Responsibilities:
- Lead ad hoc special projects as assigned by the VP Finance or senior management.
- Provide guidance, coaching, and mentorship to finance and administrative team members.
- Liaise with external accountants, financial institutions, lawyers, and stakeholders as necessary.
- Adapt to additional responsibilities as organizational requirements evolve.
**Requirements**:
- Bachelor's degree in accounting, Finance, or related field; CPA designation preferred.
- 5+ years of progressive experience in accounting or financial management roles, preferably in property management or real estate.
- Strong understanding of accounting principles and financial management is essential.
- Experience with property accounting, including familiarity with lease accounting, property valuation, and financial reporting specific to the real estate industry.
- Proficiency in accounting software and financial management systems. Familiarity with industry-specific software used in property management.
- Strong leadership and managerial skills.
- Effective communication skills are crucial for collaborating with other departments, presenting financial information to stakeholders, and ensuring accurate reporting.
- The ability to analyze complex financial data, identify trends, and provide insights for strategic decision-making.
- Strong problem-solving skills to address financial issues and improve processes.
**Role Specific Requirements**:
- Strong understanding of financial principles, accounting practices, and regulatory standards.
- Proficiency in f
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