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Careers

Accounting Manager

Location

Head Office

Overview

Reporting to the Controller, Finance, the Manager will be a key member of the Canadian residential portfolio finance team and be responsible for the accounting for various portfolios owned by Starlight and/​or large institutional investors. The role will act as a key business partner to the asset management and investments teams to help provide insightful, timely and accurate financial and operational information to assist with optimizing decisions surrounding the operation of the properties, allowing Starlight to maximize returns for our investors. The role will develop and leverage relationships with all internal stakeholders including asset management, investments, shared service finance teams including treasury, property accounting (CORE), tax and other business lines as required to successful execute their responsibilities.

Duties and Responsibilities

Financial Analysis and Accounting

  • Review and analyze the property financial results prepared by the third-party property managers and CORE team to understand and highlight key trends / opportunities to improve financial results. 
  • Assist in the review of the monthly reporting packages provided by property managers for each property including ensuring commentary reflects the underlying performance of the assets and is complete and accurate.
  • Review of monthly bank reconciliations for corporate bank accounts
  • Review of consolidated account reconciliations required to support external and internal reporting disclosures.
  • Manage external audits required including the preparation of working papers and relationship management with audit firms to ensure timely audit completion. 
  • Manage process improvement projects to streamline accounting processes, as required. 
  • Maintain General Ledger, including journal entries and analysis as required to ensure the integrity of financial and operational information. 
  • Utilize business intelligence tool and other standardized reporting frameworks to prepare working papers for monthly reporting to assist auditors complete quarterly/year-end reviews/​audits and tax return preparation

Acquisition and Financing Management 

  • Perform acquisition, disposition and refinancing accounting.
  • Provide support on financial aspects of property acquisitions, dispositions, and property financing activities, as required.
  • Assist with other business transactions to provide financial support, as required.

Cash and Debt Management

  • Assist with the management of cash availability, including review of cash position reporting prepared by the Starlight shared service treasury team to ensure accurate cash reporting and forecasting
  • Assist with the management of the portfolio’s debt portfolios, including ensuring all loan provisions are appropriately complied with 

Investor Reporting

  • Work collaboratively to assist with the standardization and preparation of quarterly investor reporting materials including financial statements, operational performance updates, market trends and other performance indicators including commentary on financial results.
  • Assist with the preparation of budgets and analysis for budget inputs for the properties.
  • Assist with other financial management initiatives or ad-hoc projects, as required.

Requirements

  • University degree in accounting or finance, CPA designation.
  • Thorough understanding of accounting principles and GAAP
  • Financial statement preparation an asset
  • 3 – 5 years’ work experience, preferably in residential real estate
  • Yardi experience an asset
  • Advanced Microsoft Excel skills
  • Strong organizational, analytical, critical thinking, problem-solving 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 when needed
  • Good written and verbal communication skills