Controller, Property Accounting
2 weeks ago
Rize HR is currently searching for a Controller with great leadership skills to join one of Vancouver's long standing real estate developers. This is a fantastic opportunity to be involved in a diverse portfolio and to take your career to the next step. Successful candidates will have 8-10 years of progressive accounting experience with 5 years of leadership experience and a strong knowledge and experience base in real estate and property management
Duties and Responsibilities:
• Maintain the company’s system of accounts for all property management functions.
• Review, analyse and evaluate performance of properties in comparison to budget and historical data.
• Review and distribute the monthly property financial statements to property managers and corporate accounting and senior management team.
• Review and answer questions on monthly financial statements to senior management.
• Participate and contribute important financial information in the monthly managerial meetings.
• Direct and manage the preparation of timely, accurate internal and external financial statement and property management reports within the MIS (Yardi or Sitelink), by Excel, by PowerPoint or any other software as required.
• Manage and oversee internal and external accounting control functions for property management accounting and operating issues.
• Oversee and manage collection of property accounts receivable.
• Oversee and manage payment of property accounts payable.
• Responsible, review and approve all property management accounting cheque runs, EFT& sign cheques for designated accounts.
• Oversee and review of all property management bank reconciliations.
• Responsible and manage the annual payments of property tax and insurance for the Portfolio.
• Recommend, review and implement accounting procedures as required for all properties.
• Assist and support property managers with the carrying out of their responsibilities.
• Assist and support senior management with all property management issues in the portfolio.
• Train and direct all property management accounting staff for the property management function.
• Manage the integration of new properties into the accounting and management information system.
• Manage the preparation of annual budgets (operating and capital) with accounting staff and property managers to ensure timely delivery of annual rental notices to tenants.
• Responsible for the annual property audits and work very closely with senior property accountants and our external auditor KPMG or other auditors until completion.
• Provide accounting support for property acquisitions, dispositions and the due diligence process.
Qualifications/Experience Include:
The Controller, Property Management Accounting must have strong analytical, technology, leadership, management and communications skills. The position generally requires at least 10 years of experience in accounting or finance, including a minimum of five years in a senior management role preferably in the real estate industry. In addition to a professional accounting designation, a recognized graduate degree in finance or business is preferred. The Controller must have a thorough knowledge of generally accepted accounting principles, be familiar with Property Management Accounting and should have held positions of increasing responsibility in accounting. Excellent interpersonal skills, the ability to develop solid and lasting business relationships and the ability to provide accurate and timely information to executive management are key requisites for the Controller. Duties include responsibility for the preparation of financial statements; establishing and maintaining controls; supervision of the accounts receivable, accounts payable and property management accounting department, evaluating accounting and internal controls and providing management with decision making information
The above outline is only a guideline as to the qualifications necessary and the functions you may have to carry out, however they may change and be expanded to other areas from time to time at the Company’s discretion.
Organizational Relationships:
This position reports directly to the Director, Property Management Accounting
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