Starlight Careers

Assistant Controller, Canadian Commercial

Overview

Reporting to the Controller, the Assistant Controller will be a key member of the commercial finance team and with the support of the accounting group is responsible for the following core areas of responsibilities:
 

  1. Accounting supervision of the outsourced commercial property managers to ensure the accurate and efficient month-end reporting. This includes, but is not limited to the review of bank reconciliations and ensuring all balance sheet accounts are fully supportable.
  2. Monthly review and analysis of the property operating results to budget, assist Controller in generating monthly operating financial reports for management and the board of directors, and make suggestions for business improvements.
  3. Corporate accounting that includes:
    • To prepare and review the monthly accounting records for the Commercial REIT and the Limited Partnership.
    • The preparation of the commercial acquisition accounting and communicating the entry down to the outsourced property managers.
    • The reconciliation of Commercial REIT’s intercompany balances with outsourced property managers.
    • To review and process cash distributions from the outsourced property managers.
    • To prepare outgoing wire transfers/payments from corporate bank accounts and managing the cash needs of the Commercial REIT.
  4. Preparation of the consolidated quarterly and annual financial statements of the Commercial REIT for public reporting. This includes the preparation of accounting memos to document the accounting treatment with reference to IFRS standards, accounting for complex accounting areas and the preparation of the quarter and year end audit working papers and liaising with auditors.
  5. Implementation and continuous improvements of standard operating procedures (SOP) and Internal Control Over Financial Reporting (ICFR) for the operations finance group, managing and working on special projects and to provide support to CFO, Executive DOF and Controller as required.

Application Qualified candidates can submit their resume to
humanresources@starlightinvest.com.

Duties and Responsibilities

  • Manage, mentor and provide leadership to the outsourced property managers and finance team
  • Monitor progress and performance of properties
  • Ensure policies and procedures are adhered to and deadlines are met
  • Participate in management meetings and provide input and reports as requested
  • Ensure outsourced property managers fulfill their assigned function:
    • Maintain general ledger for the property portfolio, including:
      1. Post journal entries
      2. Analyze general ledger
      3. Process accruals
      4. Make adjustments where needed
    • Analyze and interpret balance sheets and income statements and provide financial/management reports as requested
    • Reconcile balance sheet accounts for all properties in portfolio
    • Review bank reconciliations for portfolio of properties on monthly basis
    • Review variance analysis reports on monthly basis
    • Review full set of audit lead sheets and working papers to assist auditor’s completion of year-end audits
  • Intercompany reconciliation

Requirements

  • College diploma or university degree preferred
  • Accounting designation (CPA)
  • Thorough understanding of accounting principles and IFRS.
  • Minimum 2-3 years work experience, preferably in real estate field
  • Yardi an asset
  • Advanced Microsoft Excel skills
  • Microsoft Word and Outlook
  • Strong organizational, analytical and time management skills
  • Detail oriented, self-motivated and resourceful, with strong interpersonal and communication skills
  • Proactive and self-directed with demonstrated ability to work independently and as part of a team
  • Able to prioritize, multi-task and able to work in a changing, fast-paced environment
  • Able to deal with confidential information and demonstrate reliability and dependability
  • Task orientated, able to work well under pressure, willing to work overtime if needed
  • Innovative

Location

Head Office