15 Sep
|
Kipling Group
|
Toronto
15 Sep
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 Group is seeking an experienced Director of Accounting, Multi-Family to lead and oversee the accounting and financial reporting functions for our multi-family residential portfolio. This leadership role is responsible for ensuring accurate financial reporting, strong internal controls, regulatory compliance, and effective collaboration with internal stakeholders. The Director will lead, mentor, and develop a team while partnering closely with Operations, Finance, Tax, and Executive Leadership.
Key Responsibilities
Leadership & Oversight
- Lead, manage, and develop the multi-family accounting team, ensuring high performance and adherence to best practices
- Establish and maintain strong internal controls, accounting policies, and procedures
- Act as a key accounting liaison to senior leadership, asset management, and property operations
- Oversee the preparation and review of monthly, quarterly, and annual financial statements and supporting working papers
- Ensure timely and accurate bank reconciliations and balance sheet reviews
- Review and present monthly revenue and expense variance analyses in collaboration with Property Management
- Oversee cash flow analysis, distributions, and reporting to ownership
Budgeting & Forecasting
- Lead the annual budgeting and periodic reforecasting process for the multi-family portfolio
- Review assumptions, analyze variances, and provide financial insight to support operational decision-making
- Oversee rental revenue, recovery billings,
and tenant account accuracy in accordance with lease terms
- Resolve escalated tenant billing issues and disputes
- Ensure accurate calculation and review of percentage rent (where applicable) and other recoveries
Tax, Compliance & Audit
- Oversee HST filings and ensure compliance with applicable tax regulations
- Support internal and external audits, including coordination with auditors and preparation of required documentation
- Ensure compliance with accounting standards and company policies
Capital & Fixed Assets
- Oversee capital expenditure tracking, reporting, and analysis
- Review landlord work and tenant improvement accounting
- Oversee depreciation, fixed asset schedules, and related reconciliations
Systems & Process Improvement
- Drive continuous improvement of accounting processes, systems, and reporting tools
- Act as a subject matter expert for Yardi and related financial systems
- Partner with Finance and IT on system enhancements and implementations
Collaboration & Cross-Functional Support
- Work closely with Lease Administration, Property Operations, Accounts Receivable, Accounts Payable, Tax, Finance, and Legal teams
- Provide accounting guidance and support to operational teams as needed
- Perform other duties as assigned
The ideal candidate for this position will have the following background:
- CPA designation required (CPA, CA, or CGA)
- 7+ years of progressive accounting experience, with significant experience in multi-family residential or real estate/property management accounting
- Proven people leadership and team management experience
- Strong technical accounting knowledge and financial reporting expertise
- Advanced knowledge of Yardi
- Excellent analytical, organizational, and communication skills
- 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.
📌 Director of Accounting, Multi-Family (Toronto)
🏢 Kipling Group
📍 Toronto