Jobs
>
Toronto

    Sr. Analyst, Real Estate Accounting - Toronto, Canada - Healthcare of Ontario Pension Plan

    Default job background
    Full time
    Description

    Why you'll love working here:

  • high-performance, people-focused culture
  • our commitment that equity, diversity, and inclusion are fundamental to our work environment and business success, which helps employees feel valued and empowered to be their authentic selves
  • membership in HOOPP's world class defined benefit pension plan, which can serve as an important part of your retirement security
  • competitive, 100% company-paid extended health and dental benefits for permanent employees, including coverage supporting our team's diversity and mental health gender affirmation, fertility and drug treatment, psychological support benefits of $2,500 per year, and newly extended maternity/parental leave top of 26 weeks)
  • optional post-retirement health and dental benefits subsidized at 50%
  • yoga classes, meditation workshops, nutritional consultations, and wellness seminars
  • access to an annual wellness reimbursement program for health and wellness-related expenses for permanent and temporary employees
  • the opportunity to make a difference and help take care of those who care for us, by providing a financially secure retirement for Ontario healthcare workers
  • Job Summary

    HOOPP's Real Estate portfolio has a net value of over $10 billion. The portfolio largely consists of direct investments in real properties, but also includes indirect investments in real estate through limited partnership vehicles. The investments are located across North America and Europe, which gives rise to varied reporting standards and foreign exchange considerations.

    As the subject matter expert of the team, the Senior Analyst, Real Estate serves as the main point of contact and technical expert for both Investment Management and HOOPP's external asset and property managers. The Senior Analyst is tasked with ensuring that transactions (both internally and externally generated) are accurately reflected in Yardi, and that the financial data transferred from Yardi to Oracle is accurate and delivered on a timely basis. The Senior Analyst, is also responsible for reviewing and approving the work of junior staff, as well as providing direction and guidance to the junior staff members.

    What you will do:

  • Oversee the monthly collection and input of electronic data into the real estate administration system. Review, reconcile and analyze the data provided by external managers to ensure it is complete and accurate. This would include ensuring that the data is compliant with HOOPP policies and procedures, as well as industry accounting and valuation standards.
  • Ensure all manual month-end entries are accurately booked into Yardi, including review and approval of entries prepared by junior staff.
  • Perform regular mapping of Yardi balances to ensure agreement with property manager books, and review and approve mapping performed by junior staff.
  • Responsible for working on complex accounting issues beyond the expertise of the Analysts. This would include recording acquisitions/dispositions, changes in ownership, and investigating/reconciling/resolving identified accounting issues.
  • Ensure that all acquisitions and dispositions of properties are recorded appropriately in Yardi, and that purchase and sale agreements and documentation are complete and up-to-date.
  • Provide guidance, mentoring, and feedback to the two Analysts, Real Estate. Review and approval of Analysts' work.
  • Build relationships with accounting and valuation staff of 12 external property managers. Ensure they understand and comply with HOOPP data and reporting requirements and timelines. Answer queries on a multitude of issues on a daily basis. Create an environment that will encourage external managers to cooperate fully and communicate effectively on issues. Communicate accounting policies and procedures for external property managers based on HOOPP's policies and best practices. Coordinate with property management staff to ensure transactions are accurately recorded and provide technical expertise as required.
  • Respond to queries from Investment Management and provide materials and analysis as requested. Also, maintain close contact with front office to keep abreast of significant transactions or events.
  • Prepare, record and reconcile entry from the real estate system to the general ledger of the fund on a monthly basis. Coordinate preparation of month-end working paper for review by Director and Vice-President, Investment Operations.
  • Calculate and report portfolio performance to Investment Reporting and financial reporting to Investment Management.
  • Assist in external audit process. Establish and communicate deadlines and audit requirements to property managers. Prepare working papers and supporting documentation including financial statement notes and variance analysis. Respond to queries from auditors.
  • Assist the Director, Real Estate in the appraisal process by reconciling information with property budgets, reviewing leasing activity and rent roll for each asset. Ensure the updated valuation for each property is processed accurately into Yardi and entries to update current market value are booked upon finalization of the appraisal.
  • Review management fee calculations provided by property and asset managers on an annual basis to ensure calculations are accurate and in accordance with relevant management agreements.
  • Reconcile GST accounts for multiple properties to CRA records. Resolve issues related to GST raised by external managers.
  • Assist with the on-going development and maintenance of reports in the Yardi system to ensure report set up is up-to-date and add value to Investment Management. Also, initiate development of new reports that will improve department efficiencies.
  • What you bring:

  • 7+ years' experience in audit or real estate operations including property and investment accounting.
  • University degree in Business, Finance or related discipline
  • An accounting designation (CPA) or working towards a CPA designation.
  • Extensive knowledge of real estate operations, accounting policies and procedures
  • Demonstrated ability in developing and implementing process improvements
  • Strong analytical and problem solving skills
  • Attention to detail, accuracy, and completeness is extremely important along with the ability to handle multiple tasks efficiently
  • Excellent collaboration and relationship management skills, including proven ability to interact with internal and external clients confidently and effectively and to build strong working relationships in a team-oriented, collaborative environment.
  • Ability to meet tight deadlines and to manage conflicting priorities
  • Proactive self-starter who is highly motivated and results-oriented
  • Ability to work independently with minimal direction
  • Solid knowledge of real estate administration systems
  • Knowledge and experience in real estate valuation would be an asset
  • Experience in use of Yardi software would be an asset


  • Mastercraft Starwood Toronto, Canada

    Mastercraft Starwood is a leading residential real estate developer and property management company in Ottawa and Toronto. We are looking for an Accounting Manager to collaborate work with our various properties & stakeholders. This individual must have a demonstrated background ...


  • Mastercraft Starwood Toronto, Canada

    Mastercraft Starwood is a leading residential real estate developer and property management company in Ottawa and Toronto. We are looking for an Accounting Manager to collaborate work with our various properties & stakeholders. This individual must have a demonstrated background ...


  • Highrise Condo Developer/Builder/Construction Toronto, Canada

    4 days in office in downtown Toronto - 1 day work from home · 70-75k/ year + vacation + benefits · We are looking for someone to join our real estate marketing team. We are a leading real estate advertising agency in downtown Toronto focused on highrise development and constructi ...


  • Gladstone Media Toronto, Canada

    **Account Manager, Real Estate Marketing** · Gladstone Media is an award-winning multimedia production and design agency, based in the heart of Liberty Village. We have an opportunity for a meticulous, well-organized, and motivated Account Manager to join our team of hard working ...


  • Manulife Toronto, Canada

    We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out ...


  • HUB International Toronto, Canada

    About The Role · We're seeking a passionate Commercial Lines Insurance Account Manager to join our vibrant Real Estate Practice team in Toronto. In this role, you will dive deep into the world of commercial real estate exposures, managing a curated portfolio and ensuring our valu ...


  • HUB International Toronto, Canada

    About The Role · HUB International in Toronto, Ontario is currently looking for a motivated Insurance Account Assistant to support the account workflow for our growing Real Estate Practice. This is an ideal role for an organized individual with strong administrative support exper ...


  • CC&L Financial Group Toronto, Canada

    What You Bring You are an energetic team player with high attention to detail that cares about "getting it right." You are focused on your career, learning and are not intimidated by hard work and challenging situations. You are also an excellent communicator that works well wit ...


  • Graywood Toronto, Canada Full time

    JOB TITLE: Project Accountant · DIVISION: Finance · DEPARTMENT: Accounting · REPORTS TO: Director, Operational Accounting & Reporting · LOCATION: 200 Kings Street W · POSITION OVERVIEW (Purpose): · Graywood is an industry-leading real estate development company with a proven hist ...


  • Graywood Group Toronto, Canada Full time

    JOB TITLE: Project Accountant · DIVISION: Finance · DEPARTMENT: Accounting · REPORTS TO: Director, Operational Accounting & Reporting · LOCATION: 200 Kings Street W · POSITION OVERVIEW (Purpose): · Graywood is an industry-leading real estate development company with a proven hist ...


  • Firm Capital Corporation North York, Canada

    **Who we are** · **The position** · Firm Capital is looking for a Controller - Real Estate Accounting (the "**Controller**"). This position will report to the Chief Operating Officer and Chief Financial Officer. The Controller will ensure the timeliness and accuracy of key delive ...


  • Pure Industrial Toronto, ON, Canada

    Pure Industrial is one of Canada's leading providers of industrial real estate, aiming to transform the Canadian warehousing and distribution landscape by providing a best-in-class industrial real estate offering and full-service supply chain solutions for our customers – from th ...


  • Adecco Canada Toronto, ON, Canada

    COMMERCIAL / RESIDENTIAL PROPERTY ACCOUNTANT · Adecco Professional is partnering with a client to find top talent to fill a Property Accountant job opening in Toronto, ON. The Property Accountant is responsible for all accounting functions for an assigned portfolio of properties ...


  • Lannick Ontario, Canada

    Works with the full accounting cycle, including general ledger, account reconciliation, accounts payable, accounts receivable, and payroll for residences and Corporate entities · Maintains and reconciles sub-ledgers to G/L · Prepares/assists with monthly balance sheet reconcili ...


  • Hazelviewproperties Ontario, Canada

    At Hazelview Properties we believe that apartments are more than · Started in 1999 with one small building in Oakville Ontario, we now manage a portfolio of over · Hazelview Properties takes pride in ownership and an active hands-on approach to how we manage our communities. We ...


  • The Mason Group Toronto, ON, Canada

    Our client, an organization that partners with owners and residents to provide consultative solutions is looking to hire a Property Accountant or Senior Property Accountant. · Responsibilities and duties of the Property Accountant are as follows: · Produce monthly financial sta ...


  • TDS Personnel Toronto, ON, Canada

    Our client is a growing Residential Development and Property Management Company. We build, acquire, and manage our own portfolio of assets. We have an outstanding opportunity for a Property Accountant to join our Accounting Team. Reporting directly to the Director of Finance, the ...


  • Ig Wealth Management Old Toronto, Canada

    Tax & Estate Planning Accountant Location Hybrid work in Quebec City, QC : Location: Any Canadian province outside of Quebec · IGM Financial Inc. is one of Canada's leading diversified wealth and asset management companies with approximately $271 billion in total assets under m ...


  • Randstad Canada Toronto, Canada Permanent

    Are you a numbers guru with a passion for real estate? Do you thrive in a dynamic environment · where every dollar counts? If so, we want you to join our clients' team as a Property Accountant. · In this role, you'll be the financial backbone of our clients' property management o ...


  • Intact Toronto, Canada

    Nos employés sont au cœur de ce que nous faisons de mieux : aider les gens, les entreprises et la société à aller de l'avant dans les bons moments et à être résilients dans les moments difficiles. En vous joignant à notre équipe, vous contribuerez à ces efforts aux côtés de gens ...