Senior Manager, Property Accounting POST NUMBER: 449749
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?
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Client facing role, opportunity to work with key stakeholders
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Dynamic and collaborative work environment
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Leadership opportunity to manage a team ?
About the Opportunity?
Direct Supervision of Property Accounting Staff
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Supervise the day-to-day activities of property accounting staff to ensure the efficient operation of all properties under management
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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
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Responsible for timely and accurate completion of monthly activities including month ends, cash flows, and monthly reporting
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Review of monthly and annual property accounting activities to ensure that desired results are achieved according to deadlines, GAAP, and client policies/requirements
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Responsible for conflict resolution and decision making when required
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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
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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
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Monitoring of annual and monthly cycles to ensure completion and quality of desired results in accordance with deadlines
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Manage staff workloads to ensure fairness and that all client needs are met in a timely manner
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Ensure that all client and staff requests are met through delegation and monitoring
Training, Development, and Continuous Improvement
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Responsible for ensuring existing and new staff members receive appropriate level of training for systems and procedures including monthly and annual activities
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Responsible for being a resource for staff to come to for guidance and direction
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Responsible for performance management and ensuring that property accounting staff continue to develop and utilize skills that are necessary to complete job responsibilities
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Develop technical, analytical, and communication skills of property accounting staff through targeted and focused review of monthly and annual files and constructive feedback
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Responsible for continuous improvement of property accounting staff and policies and procedures
Support and Assist Controller
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Assist in the overall management of the accounting team including planning, monitoring, and communicating any issues that require management input
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Assist in staff motivation and celebration as well as ensuring that a positive work atmosphere is maintained
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Identify and analyze problems and take decisive action if an appropriate solution is achieved
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Provide input on staffing requirements and issues
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Take on special projects as delegated including process improvements and senior management requests
Other Duties
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New property set up, analysis, and follow up of outstanding issues as required
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Property sales/turnover – final operating statements, funds distribution, GST/HST reconciliation, closing of bank accounts, and any other relevant closing duties
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Full understanding of all property specific processes and upkeep of pertinent information relating to specific properties
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Input / feedback for improving procedures and initiating quality and efficiency enhancements
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Efficient and effective communication, in a professional manner, with all employees and clients
About You?
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CPA designation (CA, CGA, CMA) required and in good standing
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Bachelor’s degree in accounting, Finance, or a related field
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6 years of progressive accounting experience, including 2 years in a leadership or supervisory capacity
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Strong background in property accounting and real estate financial reporting
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Proven experience overseeing budgeting, forecasting, operating cost recoveries, audits, and property tax processes
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Demonstrated success in staff development, performance management, and team leadership
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6 years of progressive accounting experience, including 2 years in a leadership or supervisory capacity
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Strong background in property accounting and real estate financial reporting
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Proven experience overseeing budgeting, forecasting, operating cost recoveries, audits, and property tax processes
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Demonstrated success in staff development, performance management, and team leadership
Salary Range?
$120,000 - $126,000/year?
How to Apply?
Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.??
When referencing this job, quote #449749
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You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.?
Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.