Responsibilities

• Ensure all accounting functions and financial reporting activities are completed accurately and on time.
• Review bank account transfers and monitor cash flow across properties.
• Oversee accounting processes to ensure compliance with regulatory and accounting standards.
• Manage accounting operations, including journal entries, accounts payable, accounts receivable, and statutory reporting.
• Develop and implement accounting policies, procedures, and systems for accurate financial information.
• Lead the annual budgeting process for the Real Estate division, collaborating with site managers to review and monitor budgets against actual revenues and expenses.
• Prepare monthly cash flow statements and weekly loan/cash balance reports for executives.
• Coordinate the budget process across properties, including stabilized budgets, proforma statements, and reports to support mortgage approvals and property tax refunds.
• Develop pre-opening budgets for new properties and maintain planning tools.
• Prepare monthly and annual financial statements and external reports for financial institutions, ensuring compliance with all reporting requirements.
• Oversee payroll budget preparation for all properties.
• Manage risk and maintain a strong internal control environment and financial reporting processes.
• Support board presentations with variance analysis and prepare board reports.
• Review HST calculations, bank reconciliations, income statements, executive summaries, and balance sheet analyses.
• Hire, mentor, and motivate team members, providing constructive feedback to enhance team efficiency and accuracy.

Qualifications

• University degree in Business or Accounting; advanced degree or professional accounting designation (CPA, CA, CGA, CMA) required.
• 7–10 years of accounting or audit experience in real estate, apartments, hospitality, or retirement home industries.
• Proficiency in MS Office, particularly Excel; Yardi experience is required.