Local owner operator Jobs in Markham, ON

About the Company
Our client is a real estate management firm. They are looking for a Manager of Property Accounting to join their team!

Why Work Here

• Very supportive, management culture
• Growing Company
• Vacation: 3 weeks
• Flexible plan with healthcare spending account and wellness spending account

About the Opportunity

• Manage and develop direct reports, providing technical advice as well as coaching and performance management to develop a successful team; and empower individuals to make decisions and be accountable for their actions
• Support positive team dynamics and culture including a positive, open, team focused work atmosphere
• Proactively identify and analyze opportunities for improving quality, effectiveness, and efficiency of internal processes and recommend solutions to achieve optimal results
• Ensure all financial reporting procedures and processes are in accordance with agreed-upon or mandated schedules, owner requirements and some customized approaches as mandated by specific owners
• Partner with internal teams including property management, asset management, and leasing to deliver a high level of client service and ensure accurate financial analysis and reporting internally and externally to Owners
• Coordinate with property management to ensure that Owner reports are produced accurately and on-time, with correct commentary; review the financial component of the executive summary and variance comments on the reports and assist as necessary in the drafting of the report.
• Assist in preparation of monthly, quarterly and annual reporting, and other financial information as required to Senior Management, Property Managers and Owners, as needed
• Prepare budgets accurately and on time, provide analysis on monthly/quarterly basis
• Ensure accurate and timely monthly general ledger close
• Review income statement, balance sheet, cash flow analysis, detailed variance analysis, and other financial reports
• Work with the full accounting cycle, including daily bank reconciliation, journal entries, general ledger, recovery, accounts payable, accounts receivable, year-end billing process.
• Prepare detailed monthly variance analysis, account reconciliations, and CAM and tax recovery shortfall and ratio analysis.
• Ensure timely Government reporting and remittances, and distributions in accordance with agreed-upon schedules
• Coordinate the preparation of year end working papers and financial statement to auditors and audit queries
• Review draft financial statements including note disclosures and operating cost statements
• Review tenant recoveries, shortfalls and recovery rates for actual and budget estimates
• Coordinate completion of final cost recovery billings and instalment billings to tenants • Review percentage rent accruals and straight-line rent calculations
• Review/approve bank reconciliations
• Assist with the acquisition and disposition of properties as required
• Provide support to property/leasing management and senior management as required

About You

• University degree in Accounting/Business with a professional accounting designation (CPA)
• Minimum 5 years of progressive accounting experience within the commercial real estate industry, ideally managing and/or supervising commercial real estate Property Accountants
• Experience in successfully managing direct reports and developing high-performing teams
• Strong understanding of accounting standards (ASPE / IFRS) and internal controls
• Experience with financial statement audits
• Reporting at a portfolio level, including lease and operations reporting
• Demonstrated strong technical competence in Microsoft Office applications including Word, PowerPoint and Excel
• Experience with Yardi is required

Salary Range
$110,000 - $120,000 / 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 #475933

This position for employment is for a current vacancy with Vaco/Highspring’s client. 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.

Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company’s 401(k) retirement plan. Additional disclaimer: Unless otherwise noted in the job description, the position Vaco/Highspring is filing for is occupied. Please note, however, that Vaco/Highspring is regularly asked to provide talent to other organizations. By submitting to this position, you are agreeing to be included in our talent pool for future hiring for similarly qualified positions. Submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. Further assessment of candidates beyond this initial phase within Vaco/Highspring will be otherwise assessed by recruiters and hiring managers. Vaco/Highspring does not have knowledge of the tools used by its clients in making final hiring decisions and cannot opine on their use of AI products.

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.