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    Lead, Property Accountant - Toronto, Canada - OMERS

    OMERS
    OMERS Toronto, Canada

    2 weeks ago

    Default job background
    Full time
    Description

    Why join us?

    Are you looking to join an innovative, global real estate company who builds communities and connects people to exceptional places? If so, we would love to tell you our story.

    At Oxford, our culture is truly one of a kind. Across business lines and around the world, we embrace the complex and tackle opportunities with speed and agility. We are ambitious and humble, forward looking and service-focused. We get stuff done, and have fun doing it We take great pride in contributing to the communities where we live. We believe that what is good for the environment is good for business. Together we deliver exceptional experiences to our over 2 million daily customers.

    We are looking for a Lead Property Accountant to join Oxford's North American Accounting team. The successful candidate will be part of an innovative team who is responsible for the accounting and analysis for a portfolio of properties and other projects as assigned. This role requires strong analytical and critical thinking skills, strong communication and the ability to multitask in a complex environment. Experience working in the real estate industry is preferred.

    Specific duties include:

  • Transition a portfolio of assets that was previously externally managed in house.
  • Responsible for all aspects of general ledger accounting, including month-end close entries, bank reconciliations, commodity tax remittances, etc.
  • Prepare, analyze and interpret monthly financial results to support the business.
  • Analyze cash flows and manage contributions/distributions through the various legal structures.
  • Prepare annual operating and capital budgets and quarterly reforecasts.
  • Design and implement complex tenant recovery models.
  • Review and analyze tenant leases, and year-end audited cost statements to facilitate final tenant billing reconciliations.
  • Work proactively with property management and asset management to identify issues regarding the monthly financial results, tenant recoveries / tax questions, and provide guidance on proper accounting policies.
  • Design and implement asset management portfolio reporting packages to deliver timely and accurate information to aid in decision making
  • Preparation of standalone and consolidated financial statements in various jurisdictions, ensuring consistent application of accounting standards in accordance with local GAAP or IFRS.
  • Coordination of interim and year-end audits for various.
  • Participation in projects with a focus on continuous improvement and making recommendations for efficiencies in day-to-day responsibilities.
  • Ensure compliance with Oxford's processes and controls.
  • Lead and develop junior staff.

    • Experience/Qualifications Required

  • Minimum 3-4 years work experience in real estate accounting
  • University degree.
  • CPA designation or CPA program is substantially completed is preferred.
  • Excellent communication and interpersonal skills.
  • Must be a self starter and excels in fast paced dynamic environments.
  • Embrace collaborative sharing of knowledge within a teamwork environment and strong ability to manage multiple tasks
  • Strong financial analytical and critical thinking skills with the ability to evaluate complex situations and synthesize relevant information.
  • Highly proficient in Microsoft Excel
  • Experience with HFM and JDE considered an asset

    • Our story:

    Oxford Properties Group ("Oxford") is a leading global real estate investor, asset manager and business builder. It builds, buys, and grows defined real estate operating business with world-class management teams. Established in 1960, Oxford and its portfolio companies manage approximately C$87 billion of assets across four continents on behalf of their investment partners. Oxford's owned portfolio encompasses office, logistics, retail, multifamily residential, life sciences, hotels, alternatives and credit in global gateway cities and high-growth hubs. A thematic investor with a committed source of capital, Oxford invests in properties, portfolios, development sites, debt, securities, and real estate businesses across the risk-reward spectrum. Together with its portfolio companies, Oxford is one of the world's most active developers with over 80 projects currently underway globally across all major asset classes. Oxford is owned by OMERS, the Canadian defined benefit pension plan for Ontario's municipal employees.

    For more information on Oxford, visit

    OMERS is committed to having a workforce that reflects the communities in which we live and work. We are an equal opportunity employer committed to a barrier-free recruitment and selection process. At OMERS inclusion and diversity means belonging. How we create a sense of belonging is through our employees and our vast network of Employee Resource Groups. Whether you are passionate about gender, pride, or visible minorities, we have groups that are focused on making a difference in all of our lives.

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