Director, Property Accounting Reports to: Senior Director, Property Accounting Department: Property Accounting

Position Summary The Director, Property Accounting is responsible for leading the end-to-end property accounting function for a defined portfolio, ensuring accurate, timely, and value-added financial reporting while driving operational excellence, process improvement, and scalability. This role serves as a key business partner to Property Management, Asset Management, and Finance leadership, with accountability for delivering high-quality financial information, enhancing processes, and building a high-performing team aligned with SmartCentres’ growth objectives.

Responsibilities

Transactional Accounting & Reporting

Oversee monthly, quarterly, and annual financial close processes for assigned property portfolio

Ensure accuracy of revenue recognition, CAM recoveries, and property tax billings

Ensure accuracy of journal entries, reconciliations, and working papers

Manage year-end processes, including tenant billings and audit support

Prepare, report, and present financial results to senior management

Monitor compliance with lease agreements, management agreements, and internal accounting policies

Ensure integrity of property-level financial data and reporting outputs

Budgeting, Forecasting & Financial Analysis

Lead preparation and review of annual operating budgets, reforecasts, and cash flow projections

Provide portfolio-level insights including variance analysis, NOI drivers, and cost optimization opportunities

Partner with Asset Management and FP&A; to enhance forecasting accuracy and decision-making





Project Work & Process Improvement

Lead or participate in cross-functional initiatives such as system implementations, process transformation, and integration of new properties or developments

Identify opportunities to improve efficiency, controls, and reporting quality, and streamline workflows across accounting and operations

Support transaction-related activities (acquisitions, dispositions, refinancing, developments)

Team Leadership & Development

Lead and develop a team of Accounting Managers and staff, setting clear expectations and accountability

Provide coaching, mentoring, and performance feedback; build bench strength and succession planning within the team

Foster a culture of accountability, ownership, continuous improvement, and collaboration across departments

Technology & Data Enablement

Champion the use of technology to enhance accounting processes, including advanced use of Yardi, automation of repetitive tasks, and data analytics and reporting tools such as Power BI and advanced Excel

Partner with systems and IT teams to improve data integrity and accessibility and implement scalable solutions for portfolio growth

Drive adoption of standardized reporting and process automation across the team

Academic/Professional Requirements





Accounting designation is an asset

Bachelor’s degree in a related field

Required Skills & Experience

7–10+ years of progressive experience in property accounting or real estate finance

Strong experience managing teams within a real estate environment

Deep understanding of property accounting, CAM, tax and chargeback billings, financial reporting, and audits

Proven ability to lead process improvements and system enhancements

Advanced Excel skills; experience with Yardi required

Experience with data analytics and automation tools considered an asset

Key Competencies

Solid leadership and team development capabilities

Business acumen with ability to partner across functions

High attention to detail balanced with strategic thinking

Ability to manage complexity and multiple priorities

Continuous improvement and technology mindset

Values The Director, Property Accounting shall conduct himself or herself in a respectful and ethical manner in representing the Trust’s interests. The role shall demonstrate entrepreneurialism, behave like an “owner”, and exhibit creativity and resourcefulness. Accountability for decisions, teamwork, and sharing ideas to achieve common goals are expected.

Compensation The expected base pay range is: $125,000–$135,000.

Equal Opportunity Employer We are an equal opportunity employer committed to an inclusive and accessible recruitment and selection process. If you are contacted about an employment opportunity, please advise if you require accommodation.

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📌 Director, Property Accounting VMC (Vaughan)
🏢 SmartCentres REIT
📍 Vaughan