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Manager, Property Accounting Jobs
Company | Cadillac Fairview |
Address | Toronto, Ontario, Canada |
Employment type | FULL_TIME |
Salary | |
Category | Real Estate |
Expires | 2023-09-25 |
Posted at | 8 months ago |
Role impact:
The Manager, Property Accountant will be responsible for key accounting processes in the Operations Accounting group, for a portfolio size of up to two assets, primarily in the office asset class. The incumbent will guide and review their team’s work to perform critical accounting processes, with a focus on the reporting of financial and operating results for mostly office properties including analysis, recording and documentation of less complex accounting transactions (recovery calculation, rent structure and related accounting, etc.), preparation of property and asset class reports, and contributing knowledge to financial plans and outlook.
The incumbent will review accurate financial statements on a timely basis in accordance with company policy/guidelines for both internal and external use and other finance & accounting tasks including oversight of the general ledger for a portfolio having a smaller scope and less complexity. The Manager, Property Accounting will manage an accounting team and is responsible for the overall quality and service delivery of their team.
What you will deliver:
At Cadillac Fairview we have been transforming communities for over 50 years. We are so much more than our properties. We are building leaders at all levels. We offer the challenge of interesting work, a great organizational culture, the opportunity to collaborate with the best in the business, and support for your growth and development. We reward values-based behavior and superior results with a competitive rewards package that includes best-in-class benefits and pension. Imagine a place where you can make a difference!
At CF our everyday actions and critical business decisions are guided by our CF Values. Achieving results is naturally important for us and we achieve results through behaviours that are consistent with our CF Values.
Are you someone who believes in our values?
CF is an equal opportunity employer and is committed to creating a diverse and inclusive environment. If you need reasonable accommodation during the recruitment, assessment, and/or selection process, please notify your CF contact or email [email protected].
The Manager, Property Accountant will be responsible for key accounting processes in the Operations Accounting group, for a portfolio size of up to two assets, primarily in the office asset class. The incumbent will guide and review their team’s work to perform critical accounting processes, with a focus on the reporting of financial and operating results for mostly office properties including analysis, recording and documentation of less complex accounting transactions (recovery calculation, rent structure and related accounting, etc.), preparation of property and asset class reports, and contributing knowledge to financial plans and outlook.
The incumbent will review accurate financial statements on a timely basis in accordance with company policy/guidelines for both internal and external use and other finance & accounting tasks including oversight of the general ledger for a portfolio having a smaller scope and less complexity. The Manager, Property Accounting will manage an accounting team and is responsible for the overall quality and service delivery of their team.
What you will deliver:
- Provides training for direct reports on implementation of changes to policies and procedures.
- Assists with the preparation of financial and operational information to Financial Analysis & Advisory (FA&A) team, auditors, co-owners, and other stakeholders
- Monitors and reports on documentation adherence to support transactions and activities, in accordance with company policies and requirements
- Coordinator on company accounting policies and procedures, reviewing their work, and providing feedback to develop organizational expertise to achieve efficiencies and effectiveness of accounting procedures.
- Regularly assesses and evaluates that key controls over financial reporting are operating effectively for their portfolio and property financial teams; and
- Reviews monthly Property Team (PTR) reports for their respective portfolio on financial and operating results in accordance with required templates and timelines while ensuring the accuracy of the reported information.
- Reviews journal entries for accounting activities and transactions to ensure in accordance with accounting policies and internal control requirements
- Shares technical knowledge by training and managing Property Accountants, Accounting Analyst and Accounting
- Coordinates and prioritizes tasks through communication with accounting team, setting deadlines, and resolves issues to enable the team to meet their goals and objectives and to complete tasks in a timely manner.
- Assists in the annual external audit of financial statements for various entities
- May provide input for design of consolidated reports as required
- Manages the activities of direct reports to ensure the timely achievement of department and individual objectives
- Through the provision of regular feedback in the form of status meetings, objective setting sessions, performance appraisals, coaching and counseling, and formal presentations:
- Executes the development and implementation of new policies and procedures by reviewing management agreements outlining options and alternatives to facilitate decision making, and to improve efficiency and accuracy of procedures.
- Assists in monitoring of intercompany balances and working with head office teams to resolve any issues
- Other duties as assigned
- Provides regular motivation and mentoring to staff for on-going professional development; and
- Supports the Senior Accounting Manager by participating on related accounting projects and initiatives such as larger scale training sessions
- Ability to multi-task and work well under pressure
- Works with minimal supervision
- Excellent communication and presentation skills, written and verbal
- Strong organizational and administrative skills
- Ability to interact with all organizational levels
- Good analytical and problem-solving skills
- Minimum 1 year experience in a supervisory role
- Minimum 5 years’ experience in accounting and financial reporting environment including preparation of financial statements in accordance with International Financial Reporting Standards (IFRS)
- Minimum 3 years’ experience working in the real estate industry and fully literate with real estate accounting policies and procedures
- Strong computer skills with a high level of competency in Microsoft Office (Excel, Word), Google suite and Yardi (CF Voyager)
- University degree in Finance, Business, Commerce, or Accounting combined with CPA accreditation
- Strong knowledge of accounting policy and procedures (GAAP/IFRS), leases and legal documentation
At Cadillac Fairview we have been transforming communities for over 50 years. We are so much more than our properties. We are building leaders at all levels. We offer the challenge of interesting work, a great organizational culture, the opportunity to collaborate with the best in the business, and support for your growth and development. We reward values-based behavior and superior results with a competitive rewards package that includes best-in-class benefits and pension. Imagine a place where you can make a difference!
At CF our everyday actions and critical business decisions are guided by our CF Values. Achieving results is naturally important for us and we achieve results through behaviours that are consistent with our CF Values.
Are you someone who believes in our values?
- Engage with Empathy – we objectively consider the needs of others
- Embrace Change – we drive, learn from, and adapt to change
- Own Your Expertise – we empower ourselves and each other
- Collaborate Effectively – we bring the right people together to get the right results
- Aim Higher – we strive to exceed expectations
CF is an equal opportunity employer and is committed to creating a diverse and inclusive environment. If you need reasonable accommodation during the recruitment, assessment, and/or selection process, please notify your CF contact or email [email protected].
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