Senior Analyst, Finance and Accounting

OMERS • Toronto, ON

1d • CA$72,000 - CA$108,000 • Onsite

About The Position

The Senior Analyst, Finance and Accounting is responsible for end-to-end financial accounting, reporting, and analysis for complex, high-volume real estate portfolios. This role provides full-cycle ownership across all aspects of general ledger accounting, financial reporting and analysis, cash management, budgeting and forecasting and transaction support. The primary focus of this role will be on the Oxford resort and urban hotels portfolio, working alongside our hotel operators such as Fairmont, Intercontinental Hotels Group and Hyatt Group.

Requirements

• University degree in Commerce, Business or Accounting or related field
• CPA designation completed or in progress
• Minimum 3-5 years of progressive experience in real estate accounting, financial reporting, audit or financial analysis
• Experience working with complex legal structures and consolidations is considered an asset
• Advanced proficiency in Microsoft Excel
• Working knowledge of PowerPoint for preparation for financial and analytical presentations

Nice To Haves

• Experience with Yardi, GSS, Hyperion Financial Management and JD Edwards

Responsibilities

• Responsible for all aspects of general ledger accounting, including preparation of journal entries, bank reconciliations, commodity tax remittances, timely and accurate recording of monthly results obtained from service providers, applying consistent accounting standards (IFRS or GAAP as applicable), and month end close activities
• Responsible for financial reporting for corporate structures including preparation of step memos and solvency analysis
• Prepare corporate/management reporting entries such as statutory adjustments, contras, ensure intercompany eliminations, and clear integrities
• Month-end review and reporting including key indicators and variance analysis against budget and forecast, equity, investment and intercompany account reconciliations, cash management, and general and administrative expense analysis.
• Prepare monthly financial packages, year-end audit packages and act as a key liaison with auditors
• Analyze cash flows and manage contributions/distributions across the portfolio
• Prepare various ad-hoc financial reports and analysis as requested by management, asset management, and external partners
• Prepare, review and analyze annual operating plans and quarterly reforecasts in collaboration with asset management teams and third party managers
• Assist with the execution of portfolio strategies by interpreting asset and sector level performance, and identifying key drivers of results and assessing risks and opportunities
• Participate in special projects with a focus on continuous improvement, automation, scalability, and operational efficiency
• Ensure compliance with internal policies, controls and governance requirements
• Positively contribute to people, culture, and knowledge-sharing initiatives with the finance team

Benefits

• annual Incentive Award pursuant to our Short-term Incentive plan and our Long-Term Incentive plan (if applicable)
• group benefits
• retirement plans

What This Job Offers

• Job Type: Full-time
• Career Level: Senior