Corporate Controller
Downtown Toronto, Ontario – hybrid
$130,000-$150,000 base plus bonus and benefits
Our client is a growing diversified real estate company in downtown Toronto, Ontario, Canada.
This established company has been in business for more than 20 years and continues to grow with a number of exciting projects coming up. The CFO is looking for a Corporate Controller to join the team working in the corporate office, located in Toronto, Ontario. The Corporate Controller will lead the corporate accounting and financial reporting functions of the department. You will manage the accounting and control functions and report results of operations ensuring compliance with IFRS standards.
In this role you will supervise an experienced team of 5 individuals, while having the full support of an excellent and experienced CFO. Accounting is not just seen as a back-office cost in this company, you are well-respected and lead on a number of special projects and initiatives. Ideally you will come with at least a few recent years in real estate and have supervisory experience.
Responsibilities
- Respond to all investor questions, information requests, ad hoc reporting requirements on a timely basis
- Oversee the preparation of quarterly financial statements and annual audited financial statements for each fund or segregated mandate
- Prepare quarterly cash flow updates for the funds and segregated mandates.
- Ensure development and construction budgets are updated quarterly within the accounting system along with approved PO, contracts and change orders
- Monthly, quarterly and annual corporate accounting and financial reporting
- Maintain internal controls over invoice entry, approval and ultimately payment to vendors.
- Review and comment on quarterly project cash flows providing insight into financial costs such as interest, insurance, property taxes, cash flows, etc.
- Prepare and present the annual budget for the management company
- Re-forecast the annual budget quarterly, investigate all actual to forecasted variances
- Prepare timely distributions to the Partners
- Manage and maintain the company’s fee schedule ensuring all fees are charged on a timely basis
- Manage a team of accountants and accounts payable coordinators
Requirements
- College diploma or University degree coupled with the CPA completed
- 8+ years of accounting experience
- Working knowledge and understanding of the real estate sector
- Working knowledge of inter-company accounting
- Excellent communication skills, both oral and written
- Ability to work effectively in a team environment as well as independently
- Hands-on approach to accounting and management
If you are interested in learning more about this opportunity, please apply now. Unfortunately, due to the high volume of applicants, only those individuals chosen for interview will be contacted.