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Senior Manager, Property Accounting

  • Full Time
  • Toronto

Vaco by Highspring



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This range is provided by Vaco by Highspring. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.



Base pay range



CA$120,000.00/yr – CA$126,000.00/yr

Direct message the job poster from Vaco by Highspring

Director, Recruitment – Specializing in placing CPAs and Finance/Accounting Professionals

About the Company?


Our client is an asset management company. They are looking for a Senior Manager, Property Accounting who will be responsible for adding value to the company’s staff and clients through direct supervision of accounting staff to ensure accurate and timely financial information to better manage properties and budgets, make timely decisions, provide meaningful financial reports, and monitor and control cash flows. The Senior Manager, Property Accounting will utilize leadership and decision-making qualities in the continuous improvement of processes, proper training, development, and mentoring of property accounting staff to transfer knowledge, create a positive work environment and develop solid skill sets.


Why Work Here?

  • Client facing role, opportunity to work with key stakeholders
  • Dynamic and collaborative work environment
  • Leadership opportunity to manage a team ?

About the Opportunity?


Direct Supervision of Property Accounting Staff

  • Supervise the day-to-day activities of property accounting staff to ensure the efficient operation of all properties under management
  • Responsible for timely and accurate completion of annual activities such as property budgets, cash flow forecasting, final operating cost recovery adjustments, annual property taxes, and property audits
  • Responsible for timely and accurate completion of monthly activities including month ends, cash flows, and monthly reporting
  • Review of monthly and annual property accounting activities to ensure that desired results are achieved according to deadlines, GAAP, and client policies/requirements
  • Responsible for conflict resolution and decision making when required
  • Liaise with property site staff, leasing staff, other members of management and clients to ensure they are receiving responsive service as well as provide assistance and advice as necessary

Planning and Monitoring

  • Plan timing and completion of annual and monthly activities including annual budgets, annual audits, annual operating cost recovery adjustments, annual property taxes, monthly cut-off schedules, and monthly reporting
  • Monitoring of annual and monthly cycles to ensure completion and quality of desired results in accordance with deadlines
  • Manage staff workloads to ensure fairness and that all client needs are met in a timely manner
  • Ensure that all client and staff requests are met through delegation and monitoring

Training, Development, and Continuous Improvement


  • Responsible for ensuring existing and new staff members receive appropriate level of training for systems and procedures including monthly and annual activities
  • Responsible for being a resource for staff to come to for guidance and direction
  • Responsible for performance management and ensuring that property accounting staff continue to develop and utilize skills that are necessary to complete job responsibilities
  • Develop technical, analytical, and communication skills of property accounting staff through targeted and focused review of monthly and annual files and constructive feedback
  • Responsible for continuous improvement of property accounting staff and policies and procedures

Support and Assist Controller

  • Assist in the overall management of the accounting team including planning, monitoring, and communicating any issues that require management input
  • Assist in staff motivation and celebration as well as ensuring that a positive work atmosphere is maintained
  • Identify and analyze problems and take decisive action if an appropriate solution is achieved
  • Provide input on staffing requirements and issues
  • Take on special projects as delegated including process improvements and senior management requests


Other Duties

  • New property set up, analysis, and follow up of outstanding issues as required
  • Property sales/turnover – final operating statements, funds distribution, GST/HST reconciliation, closing of bank accounts, and any other relevant closing duties
  • Full understanding of all property specific processes and upkeep of pertinent information relating to specific properties
  • Input / feedback for improving procedures and initiating quality and efficiency enhancements
  • Efficient and effective communication, in a professional manner, with all employees and clients


About You?

  • CPA designation (CA, CGA, CMA) required and in good standing
  • Bachelor’s degree in accounting, Finance, or a related field
  • 6 years of progressive accounting experience, including 2 years in a leadership or supervisory capacity
  • Strong background in property accounting and real estate financial reporting
  • Proven experience overseeing budgeting, forecasting, operating cost recoveries, audits, and property tax processes
  • Demonstrated success in staff development, performance management, and team leadership
  • 6 years of progressive accounting experience, including 2 years in a leadership or supervisory capacity
  • Strong background in property accounting and real estate financial reporting
  • Proven experience overseeing budgeting, forecasting, operating cost recoveries, audits, and property tax processes
  • Demonstrated success in staff development, performance management, and team leadership


Salary Range?

$120,000 – $126,000/year?

When referencing this job, quote #449749


Seniority level

  • Seniority level

    Mid-Senior level

Employment type

  • Employment type

    Full-time

Job function

  • Job function

    Accounting/Auditing

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