Accounting Supervisor - Jobs in Toronto, ON

Job Description

Our Story:About You:You are a high achiever looking to thrive in a fast-paced environment. You take pride in your own work but are comfortable collaborating with a team of highly motivated individuals. You can communicate clearly and concisely with teammates and clients, and you enjoy strong company culture and camaraderie. You can navigate multiple corporate functions, including global lines of service and corporate centers of excellence. You possess strong interpersonal skills and are willing to take on diverse tasks to achieve the team’s common goal. You value personal and professional growth and are ready to take the next step in advancing your career.If this sounds like you, well, then you will love the culture at Avison Young!About Us:Avison Young is a global commercial real estate brokerage and advisory firm, offering transaction, management, financial and consulting services. We’ve designed our corporate structure to best serve our clients by enhancing collaboration across our organization.Real estate can have an enormous positive impact on people’s lives – and we’re in the business of making spaces and places work better for people. Our purpose is to create real economic, social and environmental value as a global real estate advisor, powered by people.We care about each other and we have each other’s backs. This makes AY a great place to be a client, and a great place to work. We support the whole person and their complete wellness – economic, mental and physical – because what’s best for our business comes from our people bringing their whole selves to work.Of course we love it here, but outsiders think we’re pretty great too: Avison Young was awarded the prestigious America’s Best Midsize Employers for 2022, presented by Forbes and Statista, Inc. We’re proud to be regularly recognized for our team, services and culture and our team members enjoy comprehensive compensation and benefit programs. Through our customized work options, we give our people the flexibility to create a work environment that puts their overall well-being first. After all, we are powered by people.Overview:Avison Youngs Toronto Property Management Division is currently seeking an Accounting Supervisor to join our accounting team located at 401 Bay Street in downtown Toronto. In this role you will become an integral part of Avison Youngs third party property management accounting group supporting our organizational objectives of delivering superior property management financial services to our clients. The candidate should display strong technical capabilities as well as collaborative, communicative interpersonal skills.Responsibilities:Key responsibilities include but not limited to the following:Account Receivable

• Ensure tenant allowances and write offs are completed monthly
• Provide assistance with procedures & coding for unusual A/R adjustments
• Review of all non-rental related cheque postings

Accounts Payable

• Schedule and co-ordinate bi-monthly and monthly cheque runs
• Review and approve all HST reconciliations/remittances and all government returns prepared by Property Accountants
• Ensure that the HST regulations are being followed
• Monitor and ensure that utility, realty tax bills and any date sensitive invoices are processed and paid on time
• Review all GL coding for capital, operational and miscellaneous payables

Banking

• Review all cash calls and prepare the funding request/distribution to the owners
• Monitoring of all cash balances-assist or invest (where applicable) surplus cash or disburse to owners
• Deal directly with banks on all banking related issues
• Ensure bank reconciliations are reviewed and updated daily
• Monitor any fraudulent banking activities by enforcing and monitoring the internal procedures

General Accounting

• Set and ensure that all reporting deadlines are met for all companies
• Ensure that the Property Accountants understand and follow GAAP or IFRS accounting principles
• Final review of all monthly, quarterly and annual financial reports
• Assist with Pro-forma statements if required
• Complete and/or review Owner’s distribution
• Ensure completeness and accuracy of tenant’s additional rents (Ie. lease types)
• Review, approve and finalize the tenant’s year end reconciliation
• Liaison with owner accountant(s) and auditors on all issues
• Balance sheet account review and approval of month end working papers

Budgets

• Review tenant additional rent calculation (ie. lease types) in the annual budget model
• Review or complete the amortization schedules in the annual budget
• Review budgets to ensure that accounting guidelines are being followed
• Assist with the Pro-forma statements when and if required
• Participate in team reviews of the annual budget

Staff Management

• Supervise and train Property Accountants and Clerical Staff
• Assist in hiring of new accounting staff
• Assist in annual performance review

Qualifications:

• Strong knowledge of accounting principles and concepts
• Industrial, Retail and Office property accounting experience (5 years or more)
• CPA Designation or close to obtaining the CPA Designation
• Strong knowledge in financial statements preparation and tenant CAM/TAX reconciliation
• Strong analytical skills
• Good organizational skills
• Excellent Leadership skills
• Detail Oriented
• Team Player
• Strong communication skills
• Must be proficient in excel and have strong technical skills
• Able to building relationships with Clients, Auditors, and Avison Employees
• Knowledge of Yardi Voyager would be a definite asset

Our Equal Opportunity Commitment:Avison Young practices as an equal opportunity employer in all services locations around the world. We are committed to building and maintaining a workforce diverse in experience, skills and knowledge with uniformity in service excellence, commitment and integrity.The firm maintains a strict policy to ensure employment opportunities are equal and do not discriminate based on race, color, religion, creed, age, sex, gender, gender identity or expression, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, protected veteran or military service status, or any other elements protected by law.For those requiring assistance with disabilities, information relating to the need for accommodation and accommodation measures will be addressed confidentially.Avison Young is committed to employing the best talent with the most fair and equitable recruitment practices. Apply with us TODAY!Quick Apply

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