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Manager, Property Accounting (14 month position)

Cadillac Fairview
Toronto, ON MHR, CA
Full-time

Role impact :

The Manager, Property Accountant will be responsible for key accounting processes in the Operations Accounting group, for a portfolio size of two to three 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 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 :

  • 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.
  • Supports the Senior Accounting Manager by participating on related accounting projects and initiatives such as larger scale training sessions
  • Shares technical knowledge by training and managing Property Accountants on company accounting policies and procedures, reviewing their work, and providing feedback to develop organizational expertise to achieve efficiencies and effectiveness of accounting procedures.
  • 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 with the preparation of financial and operational information to Financial Analysis & Advisory (FA&A) team, auditors, co-owners, and other stakeholders
  • 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.
  • Reviews journal entries for accounting activities and transactions to ensure in accordance with accounting policies and internal control requirements
  • Assists in the annual external audit of financial statements for various entities
  • Assists in monitoring of intercompany balances and working with head office teams to resolve any issues
  • Monitors and reports on documentation adherence to support transactions and activities, in accordance with company policies and requirements
  • Regularly assesses and evaluates that key controls over financial reporting are operating effectively for their portfolio and property financial teams; and
  • May provide input for design of consolidated reports as required
  • Other duties as assigned
  • Through the provision of regular feedback in the form of status meetings, objective setting sessions, performance appraisals, coaching and counseling, and formal presentations : Manages the activities of direct reports to ensure the timely achievement of department and individual objectivesProvides regular motivation and mentoring to staff for on-going professional development;

andProvides training for direct reports on implementation of changes to policies and procedures.

What your strengths are :

  • Excellent communication and presentation skills, written and verbal
  • Strong organizational and administrative skills
  • Good analytical and problem-solving skills
  • Ability to multi-task and work well under pressure
  • Ability to interact with all organizational levels
  • Works with minimal supervision

What you need to succeed :

  • University degree in Finance, Business, Commerce, or Accounting combined with CPA accreditation
  • Minimum years’ experience in accounting and financial reporting environment including preparation of financial statements in accordance with International Financial Reporting Standards (IFRS)
  • Minimum years’ experience working in the real estate industry and fully literate with real estate accounting policies and procedures
  • Minimum year experience in a supervisory role
  • Strong knowledge of accounting policy and procedures (GAAP / IFRS), leases and legal documentation
  • Strong computer skills with a high level of competency in Microsoft Office (Excel, Word), Google suite and Yardi (CF Voyager)

LI-Hybrid

Why you should join us :

At Cadillac Fairview we have been transforming communities for over 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?

  • Aim Higher we strive to exceed expectations
  • Own Your Expertise we empower ourselves and each other
  • Collaborate Effectively we bring the right people together to get the right results
  • Engage with Empathy we objectively consider the needs of others
  • Embrace Change we drive, learn from, and adapt to change

At CF you’ll join a diverse community and award-winning team where your talent and commitment to excellence are welcomed, valued and respected.

We’re ready to meet you there are you?

CF is an equal opportunity employer and is committed to creating a diverse and inclusive environment.

1 day ago
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