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Property Accounting Supervisor

Hays1 day ago
Hybrid
Toronto, Ontario, Canada
Mid Level
Full-Time

Top Benefits

Annual Bonus

About the role

Supervisor, Property Accounting (Toronto - hybrid role - 3 days in office | 2 days WFH)

Compensation: $100,000 - $110,000 + 8-10% annual bonus

About you

The Supervisor, Property Accounting is responsible for overseeing the accounting and financial reporting functions for a portfolio of commercial real estate properties while providing leadership, guidance, and performance management to a team of property accountants. This role ensures the accuracy and timeliness of financial reporting, budgeting, CAM and tax recoveries, cash management, and month-end and year-end accounting processes. The incumbent works closely with Asset Managers, Property Managers, investors, and senior leadership to support operational and strategic business objectives, while maintaining strong financial controls and ensuring compliance with accounting standards and company policies.

You as a Supervisor, Property Accounting will

Manage, mentor, and assess performance of a team of property accountants. Respond and prepare analytical reports for Asset Management relating to the properties under your portfolio. Preparation of analytical reports relating to the billing, payable and cash collection cycle. Preparation and review of annual final CAM and Tax billing – including building a model in excel and lease audits of existing models. Liaise with investors, where required. Assist in managing dispositions and acquisitions of commercial real estate including: entries, reconciliations and onboarding as necessary. Preparation and review of month-end/recurring journal entries. Preparation and review of monthly reporting packages (including financial statements). Preparation and review of quarterly reporting packages (including financial statements, work papers and supporting schedules). Preparation and review of intercompany charge backs. Preparation and review of annual budget. Preparation and review of tenant/vendor chargebacks as needed. Liaise with Property Managers and Asset Managers. Cash flow management and cash calls when required.

Is this the right role for you? You will bring

Excellent verbal and written communication skills, including the ability to prepare clear and concise financial reports. Proven ability to manage multiple priorities, meet tight deadlines, and work effectively in a fast-paced environment. Proficiency in Microsoft Office Suite, with advanced Excel skills (pivot tables, VLOOKUP, data analysis). Ability to work collaboratively with cross-functional teams, including Property Managers and Asset Managers. Ability to review work of other peer accountants in a timely manner and provide coaching and mentoring. Strong attention to detail with the ability to organize/manage multiple tasks and meet deadlines in a demanding work environment. Excellent computer skills with a proficiency in Excel, Microsoft Word, and accounting software packages. Knowledge of MRI is a major asset.

Experience

4+ years of experience in real estate accounting space or 2 years auditing experience of real estate clients in major accounting Post-secondary degree or diploma in Accounting, Finance, Business Administration, or related field required.

About Hays

Staffing and Recruiting
10,000+
Founded in 1968

We are leaders in specialist recruitment and workforce solutions, offering advisory services such as learning and skill development, career transitions and employer brand positioning.

As the Leadership Partner to our customers, we invest in lifelong partnerships that empower people and businesses to succeed. We help you achieve your career goals and deliver your business needs by combining meaningful innovation with our global scale and insights.

Last year we helped over 280,000 people find their next career. Join the millions of people around the world that our specialist recruitment consultants provide with up-to-date information on career options, interesting insights and specific industry trends.

We help our customers define and implement strategies to create inclusive and equitable workplaces. Through harnessing and analysing data, we support business decision making and advise on how to access Talent Networks. We also assist in identifying attractive employer propositions by truly understanding a company’s identity, and support clients with all aspects of their Early Careers proposition, from strategic planning through to operational execution.

Hays is the market leader in the UK and Asia Pacific and one of the market leaders in Continental Europe and Latin America. The c.12,800 people we employ around the world partner with clients and candidates to power the world of work. Every day our expert consultants help thousands of candidates find their next role, and they also help clients reshape workforces and deal with talent shortages. In the year to 30 June 2021, we placed 77,000 people in permanent jobs and 244,000 people into temporary roles. For more information about our global network, strategy and Group financial results, visit www.haysplc.com

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