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Senior Manager, Property Accounting

Vaco14 days ago
Toronto, Ontario
CA$84,588 - CA$88,817/yearly
Senior Level
full_time

Top Benefits

Dynamic and collaborative work environment
Leadership opportunity to manage a team

About the role

About the Company?

Our client is an asset management company. They are looking for a Senior Manager, Property Accounting who will be responsible for adding value to the company’s staff and clients through direct supervision of accounting staff to ensure accurate and timely financial information to better manage properties and budgets, make timely decisions, provide meaningful financial reports, and monitor and control cash flows. The Senior Manager, Property Accounting will utilize leadership and decision-making qualities in the continuous improvement of processes, proper training, development, and mentoring of property accounting staff to transfer knowledge, create a positive work environment and develop solid skill sets.

Why Work Here?

  • Client facing role, opportunity to work with key stakeholders
  • Dynamic and collaborative work environment
  • Leadership opportunity to manage a team ?

About the Opportunity?

Direct Supervision of Property Accounting Staff

  • Supervise the day-to-day activities of property accounting staff to ensure the efficient operation of all properties under management
  • Responsible for timely and accurate completion of annual activities such as property budgets, cash flow forecasting, final operating cost recovery adjustments, annual property taxes, and property audits
  • Responsible for timely and accurate completion of monthly activities including month ends, cash flows, and monthly reporting
  • Review of monthly and annual property accounting activities to ensure that desired results are achieved according to deadlines, GAAP, and client policies/requirements
  • Responsible for conflict resolution and decision making when required
  • Liaise with property site staff, leasing staff, other members of management and clients to ensure they are receiving responsive service as well as provide assistance and advice as necessary

Planning and Monitoring

  • Plan timing and completion of annual and monthly activities including annual budgets, annual audits, annual operating cost recovery adjustments, annual property taxes, monthly cut-off schedules, and monthly reporting
  • Monitoring of annual and monthly cycles to ensure completion and quality of desired results in accordance with deadlines
  • Manage staff workloads to ensure fairness and that all client needs are met in a timely manner
  • Ensure that all client and staff requests are met through delegation and monitoring

Training, Development, and Continuous Improvement

  • Responsible for ensuring existing and new staff members receive appropriate level of training for systems and procedures including monthly and annual activities
  • Responsible for being a resource for staff to come to for guidance and direction
  • Responsible for performance management and ensuring that property accounting staff continue to develop and utilize skills that are necessary to complete job responsibilities
  • Develop technical, analytical, and communication skills of property accounting staff through targeted and focused review of monthly and annual files and constructive feedback
  • Responsible for continuous improvement of property accounting staff and policies and procedures

Support and Assist Controller

  • Assist in the overall management of the accounting team including planning, monitoring, and communicating any issues that require management input
  • Assist in staff motivation and celebration as well as ensuring that a positive work atmosphere is maintained
  • Identify and analyze problems and take decisive action if an appropriate solution is achieved
  • Provide input on staffing requirements and issues
  • Take on special projects as delegated including process improvements and senior management requests

Other Duties

  • New property set up, analysis, and follow up of outstanding issues as required
  • Property sales/turnover – final operating statements, funds distribution, GST/HST reconciliation, closing of bank accounts, and any other relevant closing duties
  • Full understanding of all property specific processes and upkeep of pertinent information relating to specific properties
  • Input / feedback for improving procedures and initiating quality and efficiency enhancements
  • Efficient and effective communication, in a professional manner, with all employees and clients

About You?

  • CPA designation (CA, CGA, CMA) required and in good standing
  • Bachelor’s degree in accounting, Finance, or a related field
  • 6 years of progressive accounting experience, including 2 years in a leadership or supervisory capacity
  • Strong background in property accounting and real estate financial reporting
  • Proven experience overseeing budgeting, forecasting, operating cost recoveries, audits, and property tax processes
  • Demonstrated success in staff development, performance management, and team leadership
  • 6 years of progressive accounting experience, including 2 years in a leadership or supervisory capacity
  • Strong background in property accounting and real estate financial reporting
  • Proven experience overseeing budgeting, forecasting, operating cost recoveries, audits, and property tax processes
  • Demonstrated success in staff development, performance management, and team leadership

Salary Range?

$120,000 - $126,000/year?

When referencing this job, quote #449749

About Vaco

Staffing and Recruiting
5001-10,000

Vaco Holdings is a leading provider of consulting, managed services and talent solutions. As a global professional services organization, Vaco Holdings is dedicated to supporting and transforming organizations in the core areas of accounting, finance, technology and digital. With a team of over 10,000, operating in more than 100 countries, Vaco Holdings provides business-critical services to a diverse and demanding client base through a distinct portfolio of brands: Vaco specializes in talent solutions, managed services and executive search; MorganFranklin Consulting specializes in finance, technology and business services; Pivot Point Consulting is a Best in KLAS healthcare IT consulting leader; Focus Search Partners specializes in retained and interim executive search services; and BUILT specializes in digital services focused on software, cloud, data and AI solutions. In addition to being named to Inc. magazine’s list of the fastest-growing private companies for the past 17 years, Vaco was named to Newsweek’s America’s Greatest Workplaces for Diversity and America’s Greatest Workplaces for Remote Work in 2023.