Senior Financial Analyst, Properties
About the role
Location:
22 St. Clair Avenue East, Toronto, Ontario, M4T 2S5
##Position Overview
Choice Properties is looking for aSenior Financial Analyst, Propertiesto join our team! The**Senior Financial Analyst, Properties,**must be a self-starter, a strategic thinker and have a great service-oriented attitude that will continue to encourage constant improvement of services and performance. Reporting to the Senior Manager, Property Accounting, this role will be responsible for the full cycle of accounting duties of revenue generating properties within the portfolio.
##Responsibilities:
- Review and analyze consolidated rent, expenses, and recovery ratios for the region.
- Oversee the set up and accuracy of straight line rent.
- Prepare and present detailed analysis of major Net Operating Income (NOI) variances by region.
- Assist in preparation of Statement of Adjustment (SOA) and transaction journal entries.
- Prepare tax financial statements and supporting working papers.
- Assist in preparation of quarterly forecasts and annual budget.
- Liaise with other departments including Finance, Asset Management, Leasing, and Tax to ensure they are receiving responsive service as well as provide assistance as necessary.
- Review accuracy of mortgage interest expenses.
- Assist with ad-hoc projects, as required.
##Qualifications:
- Minimum 3 to 5 years’ experience within real estate accounting and reporting; preferably retail/commercial property accounting experience.
- Post-secondary education specializing in Accounting, Business, Economics, Real Estate, or a related field.
- CPA (CGA, CMA, CA) designation completed preferred.
- Strong proficiency in Microsoft Excel and working knowledge of Word and Outlook.
- JD Edwards (JDE) and GSS experience preferred.
- Excellent interpersonal and communication skills, both written and verbal, with the ability to collaborate effectively across all levels of the organization.
- Strong analytical and accounting skills with excellent attention to detail.
- A self-starter with the ability to work independently and as part of a team.
- Ability to adapt to new challenges and prioritize tasks in a fast-paced, evolving environment.
##About Choice Properties
Choice Properties Real Estate Investment Trust is an owner, manager and developer of well-located retail and commercial real estate across Canada. Choice Properties' portfolio spans approximately 65 million square feet of gross leasable area and consists of over 700 properties primarily focused on supermarket-anchored shopping centers.
Choice Properties’ strategy is to create value by enhancing and optimizing its portfolio through high quality transactions, strategic development and active property management. We mainly focus on necessity-based retail, and high-quality industrial and mixed-use assets. In particular, we have a strategic relationship with Loblaw, our largest tenant, that provides us with access to high quality investment opportunities.
Our established operating platform with a proven track record of success also provides us with access to a transformational development pipeline that we believe supports superior long-term value creation and growth. A commitment to continuous learning and development is a strong part of our culture.
Additional Information:
Choice Properties REIT recognizes Canada's diversity as a source of national pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the people we hire, and the culture we create in our organization. Accommodation is available upon request for applicants and employees with disabilities.
In addition, we believe that compliance with laws is about doing the right thing. Upholding the law is part of our Code of Conduct – it reinforces what our customers and stakeholders expect of us.
Number of Openings:
1
Please Note: If you have Employee Self Service (ESS) on Workday, apply to this job via the Workday application.
Hiring Range / Échelle salariale à l’embauche :
$89,460.00 - $123,007.50 / 89.460,00$ - 123.007,50$ (per year / par an)
A candidate’s experience and knowledge as well as the geographical region in which the position is located may be factored into the pay a candidate receives for this position. This posting is for an existing vacancy. The Company uses artificial intelligence for the purpose of screening, assessing and/or selecting applicants for this position. / L’expérience et les connaissances d’un candidat ainsi que la région géographique dans laquelle le poste est situé peuvent être prises en compte dans la rémunération qu’un candidat reçoit pour ce poste. Cette offre d’emploi concerne un poste vacant existant. L’entreprise utilise l’intelligence artificielle dans le but de filtrer, d’évaluer et/ou de sélectionner les candidats à ce poste.
Not the right fit? Search for Financial Analyst, Properties jobs in Toronto, ON
About Loblaw Companies Limited
Our Purpose – Live Life Well
Loblaw Companies Limited is Canada’s food and pharmacy leader, the nation’s largest retailer, and the majority unit holder of Choice Properties Real Estate Investment Trust. Loblaw – and its portfolio of grocery, health and beauty, financial services and apparel businesses – provides Canadians with an unparalleled mix of value, assortment and convenience, and offers Canadians two of the country’s most recognized brands – President’s Choice and no name.
The acquisition of Shoppers Drug Mart, along with the powerful Life Brand and Optimum brand, has only served to reinforce our leadership position in the marketplace. As well, our PC Plus program, omni-channel efforts and multicultural merchandising offerings continued to be points of differentiation for our customer experience.
In 2019, Loblaw has been recognized as one of Canada’s Top 100 Employers, Best Diversity Employers by Mediacorp Canada Inc.
IMPORTANT NOTE ABOUT FRAUD AFFECTING OUR JOBSEEKERS.
Please be advised that recruitment fraud has affected a number of Canadian companies. In such schemes, individuals posing as legitimate recruiters may request personal information and payment from those seeking employment.
Loblaw Companies Limited, its subsidiaries, and recruiting agencies will never ask for payment at any stage in the recruitment process. All legitimate postings may be accessed via our career website.
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Senior Financial Analyst, Properties
About the role
Location:
22 St. Clair Avenue East, Toronto, Ontario, M4T 2S5
##Position Overview
Choice Properties is looking for aSenior Financial Analyst, Propertiesto join our team! The**Senior Financial Analyst, Properties,**must be a self-starter, a strategic thinker and have a great service-oriented attitude that will continue to encourage constant improvement of services and performance. Reporting to the Senior Manager, Property Accounting, this role will be responsible for the full cycle of accounting duties of revenue generating properties within the portfolio.
##Responsibilities:
- Review and analyze consolidated rent, expenses, and recovery ratios for the region.
- Oversee the set up and accuracy of straight line rent.
- Prepare and present detailed analysis of major Net Operating Income (NOI) variances by region.
- Assist in preparation of Statement of Adjustment (SOA) and transaction journal entries.
- Prepare tax financial statements and supporting working papers.
- Assist in preparation of quarterly forecasts and annual budget.
- Liaise with other departments including Finance, Asset Management, Leasing, and Tax to ensure they are receiving responsive service as well as provide assistance as necessary.
- Review accuracy of mortgage interest expenses.
- Assist with ad-hoc projects, as required.
##Qualifications:
- Minimum 3 to 5 years’ experience within real estate accounting and reporting; preferably retail/commercial property accounting experience.
- Post-secondary education specializing in Accounting, Business, Economics, Real Estate, or a related field.
- CPA (CGA, CMA, CA) designation completed preferred.
- Strong proficiency in Microsoft Excel and working knowledge of Word and Outlook.
- JD Edwards (JDE) and GSS experience preferred.
- Excellent interpersonal and communication skills, both written and verbal, with the ability to collaborate effectively across all levels of the organization.
- Strong analytical and accounting skills with excellent attention to detail.
- A self-starter with the ability to work independently and as part of a team.
- Ability to adapt to new challenges and prioritize tasks in a fast-paced, evolving environment.
##About Choice Properties
Choice Properties Real Estate Investment Trust is an owner, manager and developer of well-located retail and commercial real estate across Canada. Choice Properties' portfolio spans approximately 65 million square feet of gross leasable area and consists of over 700 properties primarily focused on supermarket-anchored shopping centers.
Choice Properties’ strategy is to create value by enhancing and optimizing its portfolio through high quality transactions, strategic development and active property management. We mainly focus on necessity-based retail, and high-quality industrial and mixed-use assets. In particular, we have a strategic relationship with Loblaw, our largest tenant, that provides us with access to high quality investment opportunities.
Our established operating platform with a proven track record of success also provides us with access to a transformational development pipeline that we believe supports superior long-term value creation and growth. A commitment to continuous learning and development is a strong part of our culture.
Additional Information:
Choice Properties REIT recognizes Canada's diversity as a source of national pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the people we hire, and the culture we create in our organization. Accommodation is available upon request for applicants and employees with disabilities.
In addition, we believe that compliance with laws is about doing the right thing. Upholding the law is part of our Code of Conduct – it reinforces what our customers and stakeholders expect of us.
Number of Openings:
1
Please Note: If you have Employee Self Service (ESS) on Workday, apply to this job via the Workday application.
Hiring Range / Échelle salariale à l’embauche :
$89,460.00 - $123,007.50 / 89.460,00$ - 123.007,50$ (per year / par an)
A candidate’s experience and knowledge as well as the geographical region in which the position is located may be factored into the pay a candidate receives for this position. This posting is for an existing vacancy. The Company uses artificial intelligence for the purpose of screening, assessing and/or selecting applicants for this position. / L’expérience et les connaissances d’un candidat ainsi que la région géographique dans laquelle le poste est situé peuvent être prises en compte dans la rémunération qu’un candidat reçoit pour ce poste. Cette offre d’emploi concerne un poste vacant existant. L’entreprise utilise l’intelligence artificielle dans le but de filtrer, d’évaluer et/ou de sélectionner les candidats à ce poste.
Not the right fit? Search for Financial Analyst, Properties jobs in Toronto, ON
About Loblaw Companies Limited
Our Purpose – Live Life Well
Loblaw Companies Limited is Canada’s food and pharmacy leader, the nation’s largest retailer, and the majority unit holder of Choice Properties Real Estate Investment Trust. Loblaw – and its portfolio of grocery, health and beauty, financial services and apparel businesses – provides Canadians with an unparalleled mix of value, assortment and convenience, and offers Canadians two of the country’s most recognized brands – President’s Choice and no name.
The acquisition of Shoppers Drug Mart, along with the powerful Life Brand and Optimum brand, has only served to reinforce our leadership position in the marketplace. As well, our PC Plus program, omni-channel efforts and multicultural merchandising offerings continued to be points of differentiation for our customer experience.
In 2019, Loblaw has been recognized as one of Canada’s Top 100 Employers, Best Diversity Employers by Mediacorp Canada Inc.
IMPORTANT NOTE ABOUT FRAUD AFFECTING OUR JOBSEEKERS.
Please be advised that recruitment fraud has affected a number of Canadian companies. In such schemes, individuals posing as legitimate recruiters may request personal information and payment from those seeking employment.
Loblaw Companies Limited, its subsidiaries, and recruiting agencies will never ask for payment at any stage in the recruitment process. All legitimate postings may be accessed via our career website.