06 Aug
|
Kipling Group
|
Toronto
06 Aug
Kipling Group
Toronto
Company Overview: Kipling Group Inc. is a multifaceted commercial and residential real estate organization that focuses on property management and leasing. With over $10 billion in assets under management and managing over 130 properties of various asset types across the country, Kipling offers integrated property management solutions tailored to the needs of a diverse clientele. Our services encompass building operations, accounting, administration, human resources, risk management, leasing, marketing, project management, and specialized tenant services.
Kipling is currently seeking a Manager, Property Accounting (Multi-Family) to support and oversee the accounting operations for a growing multi-family real estate portfolio in Toronto, ON. This role will be responsible for managing the property accounting function, ensuring the accuracy and timeliness of financial reporting, and providing leadership to the property accounting team. The successful candidate will work closely with property management, asset management, and senior leadership to support financial performance and operational efficiency across the portfolio.
Responsibilities Oversee the preparation and review of monthly, quarterly, and annual financial statements for out multi-family portfolio
Manage and mentor a team of property accountants, providing guidance, training, and performance oversight
Ensure compliance with internal controls, accounting policies, and reporting standards
Oversee preparation of annual budgets, forecasts, and reforecasts in collaboration with property management
Review and approve rental billings, recovery calculations, and tenant escalations in accordance with lease agreements
Oversee cash flow analysis and owner distributions
Review and support resolution of tenant account discrepancies and disputes
Provide variance analysis and financial commentary on monthly revenue and expenses to support operational decision-making
Ensure accurate analysis of tenant escalations and annual adjustments
Coordinate with Lease Administration, Property Operations, Accounts Receivable, Accounts Payable, Tax, Finance, and Legal teams to ensure timely and accurate reporting
Oversee the preparation and review of depreciation schedules and fixed asset tracking
Monitor and report on capital expenditure programs, landlord work, and tenant improvement projects
Act as a key financial liaison with Property Managers and Asset Management teams
Identify opportunities to improve processes, reporting efficiency, and system utilization within the property accounting function Qualification CPA designation (or actively pursuing) strongly preferred
5+ years of experience in property accounting, preferably within multi-family or residential real estate
Previous leadership or supervisory experience is an asset
Strong knowledge of property management accounting principles and financial reporting
Excellent analytical, organizational, and problem-solving skills
Strong communication and interpersonal skills
Yardi experience strongly preferred
Ability to manage multiple priorities and deadlines in a fast-paced workplace Kipling supports equal opportunities and invests in a diverse and multicultural work force that values individuals with unique personalities, goals, backgrounds and views. This reinforces Kipling’s culture, enhances collaboration and makes for an inclusive work environment.
Benefits Dental care
Disability insurance
Employee assistance program
Extended health care
Life insurance
Paid time off
Tuition reimbursement
Pension contributions Apply
📌 Manager, Property Accounting (Toronto)
🏢 Kipling Group
📍 Toronto