Manager, Accounting

Forum Asset Management1 day ago

Toronto, Ontario

Senior Level

full_time

Forum Asset Management – Manager, Accounting

Location: On-site, Toronto

Work Schedule: Full-time, in-office/on-site (5 days/week)

About Forum Delivering Extraordinary Outcomes through Investment.

Forum Asset Management is a North American investor, developer, and asset manager with a 28-year track record of delivering long-term value through real estate, private equity, and infrastructure investments. We are a purpose-driven firm committed to sustainability, responsible investing, and making a positive impact in the communities where we invest.

With over $3 billion in AUM, Forum is one of Canada's most dynamic investment platforms. In 2024, we completed the country's largest real estate transaction through our acquisition of Alignvest Student Housing, making us the largest owner and developer of Purpose-Built Student Accommodation (PBSA) in Canada. Our open-ended Real Estate Income and Impact Fund (REIIF) is now over $2.4 billion, backed by a $3.5 billion development pipeline that spans coast to coast.

Position Overview The Accounting Manager will manage the Senior Accountant and AP Coordinator and report into the Director. This candidate will take ownership over the corporate accounting and reporting functions. To be successful in this position, the candidate must have strong accounting and analytical skills, be highly insightful, respectful of deadlines, detail‐oriented, and have a demonstrated ability to effectively prioritize workflow. The Accounting Manager works well in a team environment, is keen to learn, and thrives in an entrepreneurial environment where the role is not routine.

Key Responsibilities

• Preparation of monthly financial package for internal stakeholders, including financial statements, investment reports, and analysis of financial information.
• Responsible for reviewing and completing full cycle accounting duties, including bank reconciliations, posting journal entries, accruals, and intercompany transactions.
• Manage the corporate budget process. Including analyzes of actual vs budget for Company overhead and providing insights on variances for management decision making.
• Responsible for mentoring Senior Accountant and reviewing work such as HST filings, bank reconciliations, credit card reconciliations, employee expense coding, and AP processing.
• Oversight of liquidity processes. Including weekly liquidity reports, managing monthly cash forecasts, working with Real Estate and Private Equity teams to ensure accuracy and completeness.
• Manage annual audit process, responding to auditor inquiries, preparing relevant working papers, and ensuring appropriate accounting treatment under ASPE.
• Participate in process improvement initiatives, including automation and system implementation.
• Prepare and review legal entity financial statements for compliance and tax reporting purposes

Candidate Profile

• Bachelor's Degree required in Accounting or Finance
• Completion or in final stages of CPA designation
• Minimum of 4‐5 years of related experience required
• Strong full cycle General Accounting Experience/knowledge
• Proficiency with Accounting Software QuickBooks and/or Yardi
• Knowledge of IFRS and/or ASPE is an asset
• Excellent verbal and written communication and interpersonal skills
• Ability to handle multiple tasks simultaneously in a high‐growth, fast‐paced environment
• Possesses a style of strong teamwork, collaboration, flexibility, and strength in being proactive
• "Roll‐up the sleeves" approach to accomplish all necessary tasks
• Commitment to excellence and impeccable ethical standards and integrity

At Forum, we encourage diversity. We are committed to an inclusive workplace that reflects our belief that diversity is central to building a high-performing team. Forum is an equal opportunity employer. We are committed to providing accessible employment practices. Should you require an accommodation during any phase of the recruitment process, please let the recruitment team know

Investment Management

11-50

Forum is an investor, developer and asset manager operating across North America for over 25 years. Our core purpose is to deliver Extraordinary Outcomes to our stakeholders. Our adaptable, agile and dynamic team is committed to sustainability and responsible investing, creating value that benefits the communities in which we invest.

Our investment focus includes real estate, private equity and infrastructure. The enterprise value of our assets under management currently exceeds C$1.7 billion and our projects have attracted a number of top-tier investors. We're proud to have delivered in the top tier of alternative asset returns since 2002, while positively impacting over 10,000 lives.