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About the Role

Lead and oversee the property accounting function for a complex portfolio of commercial real estate assets, ensuring accurate financial reporting, effective internal controls, and operational excellence. Provide leadership to a team of property accounting professionals while overseeing financial reporting, budgeting, forecasting, recovery reconciliations, audit coordination, and financial analysis. Collaborate with various departments and external auditors to deliver timely and accurate financial information and support strategic decision-making.

Responsibilities

Mentor and lead members of the property accounting team through coaching, training, timely review, and constructive feedback.
Manage the property accounting of a complex portfolio of properties, including Joint Ventures, and retail and shared facilities portfolios.
Review Monthly Property Financial Statements for assigned portfolio.
Review and approve journal entries.
Review recovery reconciliations and shortfall analysis.
Perform detailed revenue analysis.
Conduct NOI / SANOI / FFO / AFFO Analysis.
Perform detailed balance sheet analysis.
Complete bank and Sales Tax Reconciliations.
Review and prepare property-related financial data and schedules for quarterly financial statements and MD&A.
Assist with monthly and quarterly ad hoc analysis and reconciliations.
Review final annual operating costs and tax recovery reconciliations.
Assist with coordinating monthly reporting deadlines and ensure deadlines are met.
Liaise with auditors and provide information for audit-related queries.
Coordinate the internal control audit, including review of the control matrix.
Coordinate the annual CAM statement audits, and quarterly and annual financial audits.
Provide support and leadership in the completion of the annual budget.
Review annual budgets for assigned portfolio.
Assist with preparation, review, and analysis of consolidated budget schedules, including variance analysis and trend analysis.
Assist in providing training and education to encourage ongoing development and improve accounting skills and knowledge.
Actively participate in improving processes and updating SOPs, including coordinating the review of existing Standard Operating Procedures (SOPs), and implementation of any new SOPs.
Assist in establishing annual department goals and objectives.
Ensure all internal controls are adhered to and report any deficiencies.
Perform ad-hoc financial analysis, as needed.
Participate in special projects as they arise.

Requirements

At least 7 years of Property Accounting experience in a commercial/retail real estate company.
At least 2-3 years of managerial/supervisory experience.
Experience in budgeting, full cycle accounting, and reading leases with knowledge of lease terminology.
University Degree in accounting or finance.
Professional Accounting Designation (CPA).
Knowledge of accounting software such as Yardi, MRI or JD Edwards.
Team player with excellent interpersonal and communication skills.
Self-motivated individual, with strong problem-solving and prioritizing skills.
Detail-oriented with strong analytical skills, and an ability to work in a fast-paced environment.
Strong computer skills, with advanced skills in MS Excel and knowledge of MS Word.

Skills

Property Accounting
Financial Reporting
Internal Controls
Budgeting
Forecasting
Recovery Reconciliations
Audit Coordination
Financial Analysis
Yardi
MRI
JD Edwards
MS Excel
MS Word
Interpersonal Skills
Communication Skills
Problem-solving Skills
Prioritizing Skills
Analytical Skills

Location

Canada

Work Type

Full-time
Onsite

Experience Level

Managerial
Senior

Education Level

University Degree in accounting or finance
CPA Designation

Salary/Compensations

$105,000 - $120,000

Benefits

Performance-based bonus programs
Retirement savings program
Option to invest in traditional funds or Allied units
Vacation
Six personal days
Half-days before statutory holidays
Comprehensive, company-paid health benefits
Vision and dental coverage
Healthcare spending account
Employee assistance program
Paid volunteer day

About the Company

Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities.
Our work is grounded in a clear purpose: to provide knowledge-based organizations with distinctive urban environments that support creativity, connectivity and human wellness.
Our vision is more expansive. We seek to make a continuous contribution to cities and culture that elevates and inspires the humanity in all of us.
Real estate, for us, is not a passive investment. It is a profoundly human endeavour, one that must promote wellness, sustainability, diversity and creativity—today and for generations to come.
Allied is also a place to build a career of consequence. If you are looking for work that is thoughtful, tangible and enduring—work that contributes meaningfully to cities and the people who inhabit them—you will find purpose here.

Equal Opportunity

All qualified applicants will receive consideration for employment without regard to gender, ethnicity, origin, sexual orientation, disability and socioeconomic background.
Diverse perspectives strengthen our organization and help us deliver better outcomes for our tenants, partners and communities.
All qualified candidates are encouraged to apply.
We strive to provide an accessible recruitment experience and welcome reasonable accommodation requests at any stage of the recruitment process.