Reports To: Chief Financial Officer (CFO) / President
Employment Type: Full-TimePosition Overview:Our client, a dynamic and growing Property Management firm based in Vaughan, is seeking a highly organized and experienced Controller – Property Accounting. The Controller will be responsible for overseeing all aspects of financial reporting, budgeting, and cash management for a portfolio of residential, commercial, and/or mixed-use properties. This leadership role will ensure the integrity of financial operations while supporting strategic business decisions through accurate and timely financial reporting.Key Responsibilities:
- Lead and manage the full-cycle accounting operations for a diverse portfolio of managed properties.
- Prepare monthly, quarterly, and annual financial statements in accordance with accounting standards and company policies.
- Oversee budgeting, forecasting, and variance analysis processes for each property and consolidated operations.
- Ensure the accuracy of rent rolls, lease administration, tenant billing, recoveries (CAM, taxes, utilities), and related reconciliations.
- Manage cash flow, banking relationships, and financing arrangements for property assets.
- Supervise and mentor a team of property accountants, AP/AR clerks, and accounting support staff.
- Coordinate and support annual audits, tax filings, and year-end processes.
- Develop and maintain strong internal controls, policies, and procedures to safeguard assets and ensure compliance.
- Collaborate with property managers and senior leadership to analyze property performance and support operational strategies.
- Manage property insurance programs and assist with claims as needed.
- Implement improvements to accounting systems, reporting tools, and operational efficiencies.
- Stay current on changes in property accounting regulations, real estate tax laws, and financial reporting standards.
- CPA designation (CA, CGA, CMA) required.
- 7+ years of progressive accounting experience, with at least 3 years in a property management or real estate environment.
- Strong understanding of property accounting concepts including lease accounting, CAM reconciliations, and capital project accounting.
- Experience managing a team and building accounting department capabilities.
- Proficient with property management and accounting software (e.g., Yardi, MRI, JD Edwards, or similar).
- Advanced knowledge of Microsoft Excel and financial reporting tools.
- Exceptional attention to detail, organizational skills, and ability to manage multiple priorities.
- Excellent communication and interpersonal skills to effectively work with internal teams and external stakeholders.
- Experience with mixed-use portfolios (residential, commercial, and industrial assets).
- Familiarity with IFRS or ASPE accounting standards for real estate.
- Hands-on experience with system conversions, process improvements, and automation initiatives.