Manager, Development Accounting

Dream•Toronto, ON

2d•Hybrid

About The Position

Dream is looking for a Manager, Development Accounting to oversee the financial management of a portfolio of Income Property assets. This role requires a highly analytical, self-motivated, and collaborative individual who can think outside the box and achieve results. The successful candidate will act as a business partner to various stakeholders, be a quick learner, and consider the bigger picture while managing multiple deliverables and initiatives in a complex and fast-paced environment. The role involves working independently on multiple projects with tight deadlines and the ability to pivot to new priorities. This position will oversee a diverse portfolio of residential rental, commercial, and retail income properties and assets. The company seeks someone eager to learn, works hard, and has fun, offering an opportunity to take on responsibilities, build on existing skills, and help the team achieve its goals in a dynamic work environment.

Requirements

CPA designation preferred, with a minimum of 3 years post-qualification experience, of which at least 2 years are at a supervisory level. Equivalent combination of education and relevant professional experience will be considered.
Strong understanding of month-end close, reconciliations, financial statement preparation and consolidations an asset.
Process-minded: able to document workflows and drive adoption of consistent practices.
Understanding of various joint business arrangements (JV, partnerships etc.) and the operations of residential, commercial and retail operating assets.
Highly proficient in Microsoft Office, particularly in Microsoft Excel.
Experience with JD Edwards is a definite asset.

Responsibilities

Oversee the accounting and financial operations cycle for each project asset, including review of high-risk transactions and journal entries, third-party manager monthly reporting packages, trial balances, reconciliations, working papers, and managing capital calls and distributions.
Manage the preparation and review of monthly, quarterly, and annual variance analyses of actuals versus budget, and communicating results verbally and in writing to Senior Management and partners.
Responsible for assessing the overall reasonableness and accuracy of accounting records to ensure reliable financial information.
Manage IT and financial reporting systems, oversee the general ledger and reports, design processes and reports to facilitate efficient operations and reporting, and oversee their implementation.
Lead, manage, provide training and mentorship to the accounting team members.
Review and set up appropriate accounting policies and oversee their continuous application.
Build relationships with 3rd party property managers and ensure monthly reporting is in line with management agreements.
Assist in the preparation of supporting schedules and continuities for quarterly and annual consolidated financial statements and note disclosures.
Coordinate quarterly reviews and year-end audits with external auditors when applicable for projects, ensure compliance with the financial reporting requirements of partners as well as with regulatory tax reporting requirements.
Assist with the budgeting and quarterly forecasting process for all the assets.
Participate in operational meetings with internal and external stakeholders and provide support to the asset management team as needed.