23 Sep
|
Alliedreit
|
Toronto
23 Sep
Alliedreit
Toronto
About Allied Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Our work is grounded in a clear purpose: to provide knowledge-based organizations with distinctive urban environments that support creativity,connectivityand human wellness. Our vision is more expansive. Weseekto make a continuous contribution to cities and culture that elevates and inspires the humanity in all of us.Thisvision informs how weoperate, how wedesignand how welead. Real estate, for us,is not a passive investment. Itis a profoundly human endeavour,one that must promote wellness, sustainability,diversityand creativity—today and for generations to come. Allied is also a place to build a career of consequence. If you are looking for work that is thoughtful,tangibleand enduring—work that contributes meaningfully to cities and the people who inhabit them—you will find purpose here. For more information onAllied’sapproach to city-building, visit our Insights page. Purpose Lead the Property Accountingteamresponsible forAllied’snational portfolio of urban workspace. As Vice President, Property Accounting, you will provide strategic and operational leadershipfor theproperty accountingfunctionwhile supportingaccuratereporting, informeddecision-makingand strong financial performance across the portfolio. Reporting to the Chief Financial Officer, you will collaborate closely with teams across Finance and Accounting, Leasing, Operations and Construction. This role is well suited to a collaborative and technically strong accounting leader who is passionate about developing people, strengtheningprocessesand building high-performing teams. Responsibilities Leadership and Team Development Lead,mentorand develop the Property Accounting team. Foster a cooperative, accountable and high-performing team environment focused on continuous improvement and professional growth. Ensure effective team structure, workloadallocationand resourcing.
Identifyopportunities to enhance processesandsystems to support operational effectiveness. Property Accounting and Financial Reporting Oversee monthly and quarterly financial reporting processes, including month-end and quarter-end close activities. Review and analyze key financial reporting and performance metrics, including base rent analysis, funds from operations (FFO), same asset net operating income (SANOI), netoperating income (NOI), adjusted funds from operations (AFFO) and key balance sheet metrics. Oversee the annual recovery reconciliation process, including audited statements, tenantreconciliationsand related financial analysis. Oversee the timely filing of HST, GST, QST and other government remittances, including support for sales tax audits and related matters for joint arrangements. Review statements of adjustments and post-closing adjustments related toinvestments. Liaise with internal and external auditors on controls, auditrequestsand audit findings. Financial Planning and Cross-Functional Partnership Support the FP&A team in the annual budgeting and quarterly reforecasting processes by providing property-level financial analysis, operationalinsightand accountingexpertise. Collaborate with FP&A, Leasing and Operations teams to support budgeting assumptions, financialanalysisand reporting deliverables. Review and provide input on key budget and reforecast metrics, including NOI, FFO, AFFO, SANOI and variance analysis. Contribute to quarterly external reporting through financial analysis,commentaryand operational insights.
Build strong working relationships across the organization to support informed decision-making,alignmentand continuous improvement. Qualifications CPA designationrequired. 10+years of progressive experience in accounting and finance within commercial real estate or property accounting. Strong technical accounting and financial reporting experience, including full-cycle accounting processes. Experience leading and developing high-performing teams. Experience supporting budgeting and reforecasting processes in partnership with FP&A and operational teams. Strong interpersonal and relationship-building skills, with the ability to collaborate effectively across functions and levels of the organization. Strong analytical,problem-solvingand organizational skills, witha high levelof attention to detail. Experience with Yardi or similar property accounting systems is considered an asset. Total Rewards*and the Employee Experience At Allied, total rewards are designed with the same perspective that shapes our operations. They are intended to support sustained contribution,creativityand a genuine sense of ownership in the work we do. In practice, this includes: Shared financial success and an ownership mindset Eligible employees participate in performance-based bonus programs and a retirement savings program, with the option to invest in traditional funds or Allied units. This approach aligns individual effort with Allied’s long-term performance and reinforces a sense of ownership at every level of the organization. Intentional presence and time off In addition to vacation, employees receive six personal days and half-days before statutory holidays. Allied supports flexibility while maintaining a strong,in-person culture. This reflectshow we collaborate most effectively and how weoperateas a business. Health, wellbeing and support Comprehensive, company-paid health benefits include vision and dental coverage, along with a healthcare spending
📌 Vice President, Property Accounting (Toronto)
🏢 Alliedreit
📍 Toronto