Job Category : Finance & Operations
Requisition Number : ASSOC002770
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- Posted : March 4, 2024
- Full-Time
Showing 1 location
1133 Yonge Street
1133 Yonge Street
4th Floor
Toronto, ON M4T2Y7, CAN
About the Position:
The Associate, Finance & Operations (Manager level) is an integral member of the Finance & Operations Team (FinOps) and will take a significant part in fund operations, financial reporting and audit support for the funds managed by Hazelview Investments. The role will have direct responsibilities in the net asset value production oversight and reconciliation, month-end close, financial operations (capital and investment transactions) and financial reporting as well participate in ad-hoc project on a as needed basis.
Key Responsibilities:
Financial Reporting and Accounting:
- Prepare/review daily or monthly NAVs, including the review of financial information and NAV reports prepared by fund administrators, property managers and general partners.
- Prepare/review supporting information for legal entity-level transactions, provide details to fund administrators and ensure transactions are accurately reflected in the relevant accounting system.
- Prepare/review financial statements, MRFP and related supporting working papers for investment funds/vehicles including private and public funds with direct real estate, private equity, publicly traded securities, and private debt.
- Lead/assist in completing year end audit and tax compliance, including preparation of audit and tax working papers, and monitoring audit progress.
Fund Operations:
- Provide oversight of third-party administrators and other key service providers.
- Review net asset value calculations prepared by administrators.
- Review inbound and outbound capital calls, distributions and redemptions.
- Prepare valuation support for private investments and/or private debt.
- Identify and address issues with external general partner and property manager reports.
- Prepare debt covenant calculations for various mortgage/credit facilities and assist with credit maintenance.
- Review bank, trust and other account reconciliations.
- Assist with onboarding, deal support, reporting, process initiatives and projects as assigned.
- Maintain up-to-date written processes and procedures.
Job Requirements:
- An undergraduate degree in Business, Accounting, or related field.
- 7+ years of private accounting (investment funds), fund accounting or property accounting experience.
- Must have end-to-end financial statements preparation and experience with dealing with auditors.
- Industry experience in real estate investments and/or property management, and strong understanding of internal controls, accounting principles and real estate investment, private equity, or fund operations.
- Must have advanced skills in Excel and Word.
- Experience with Yardi include voyager, job cost and construction management module an asset.
- Excellent communication and strong interpersonal skills.
- Experience interacting with senior management.
- Flexible with a "can-do" attitude and a "no task is too big or too small" attitude.
Qualifications:
- Ability to work in a fast-paced and dynamic environment, to adapt quickly, prioritize and manage concurrent processes and reporting requirements while meeting tight deadlines.
- A professional demeanor and coupled with excellent communication skills and strong interpersonal skills.
- Strong problem-solving skills with superior attention to detail and accuracy, as well as excellent follow-up skills.
- Ability to work and act independently using good judgment when assessing challenging situations.
- Self-motivated and pro-active.
- Continuously seeks process improvement and efficiency opportunities.
About the Company:
Hazelview Investments is an active investor, owner, and manager of global real estate assets. Founded in 1999, Hazelview currently manages over $12 billion in total assets across two key investment strategies: direct investments in real estate and investment in publicly traded companies that own investment-grade real estate. We use our global knowledge and expertise to make insightful real estate investments and to actively create value for our team, clients, residents, and tenants.We are committed to a diverse and sustainable future. We see value potential that others have missed. We bring the same philosophy to human investment that we bring to asset investment; focus on the underlying value, commit to maximizing its potential; work at it; be patient; take personal responsibility; share in the rewards. We're driven to create value for people and places.
Vision: "We create value for people and places".
Our Core Values:
- Trust
- Ambition
- Ownership Mindset
- Having Fun
Hazelview Investments is an inclusive and equal opportunity employer. If you require a disability–related accommodation to participate in the recruitment process, please let us know. We will accommodate your needs as required under applicable legislation. Information related to accommodation requirements will be addressed confidentially. While we appreciate all applications, only those candidates selected for an interview will be contacted. All selected candidates will be asked to complete pre-employment criminal & background checks. Any offer of employment is conditional upon satisfactory results of all applicable checks. We thank all applicants for their submissions.
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