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Divisional Controller (Closed)

ARE YOU AN EXPERIENCED, DESIGNATED PROFESSIONAL LOOKING TO TAKE ON A NEW CHALLENGE? Our client is looking for a strong Controller to join their company.

Divisional Controller

About the company

Our client who is a well funded fast growing REIT company is looking to hire a senior level Divisional Controller to their team. 

Reporting to the CFO, the Divisional Controller is responsible for the management of the daily accounting functions including monthly, quarterly and year-end accounting cycles.

Our client has much to offer to this candidate including professional development opportunities internally and externally. This role provides much high level exposure and significant contributions to this organization's strategic planning initiatives. The holistic compensation package for this role is also very impressive.

About the role

• Plan, direct, and coordinate all accounting operational functions 
• Manage the accumulation and consolidation of all financial data necessary for an accurate accounting of consolidated business results for properties under management
• Ensure that accurate and timely financial reports are done monthly for the commercial and retail portfolios.
• Oversee monthly accounting system, which includes lease set–up, rent rolls, accounts receivable tracking and analysis, EFT, CAM/Tax billings, tenant disputes, etc. Review monthly accounting close process including analytical review of the monthly operating results to ensure accurate accounting records are maintained.
• Ensuring that accounts payable operates in a controlled environment. Review invoices for coding and approve purchase orders.
• Preparation of monthly forecast incorporating historical results and future assumptions.
• Supervise the billing of asset management, property management, wealth management, incentive fees, acquisition, disposition and other fees monthly, quarterly, annually in accordance with the respective agreements.
• Implement a process to record transactions and compare costs incurred to budget and performance analysis of management and REITs
•  Maintain accounting system for various funds and corporate entities including cash calls and disbursements.
•  Perform cash management function, including cash flow analysis and contribution to corporate cash management. Bank reconciliation review and approval, where necessary. Review inter-company billings to parent company, including the follow up of payment
• Plan, direct and coordinate annual budget process for Commercial and Retail REITs.
• Coordinate year end, income tax filing, and other activities with external auditors.
• Coordinate government remittances, related to HST, corporate taxes, associated payroll remittances, etc.
• Manage and develop plans related to procedural efficiencies, costs savings and further economies of scale type projects. Provide recommendations for improvement to current accounting operations and implement new processes.
• Manage the Yardi accounting/operational system and evaluation opportunities for improvement in software. Set up of properties, GLs, companies and other core set up functions as they pertain to Yardi.
• Responsibilities include interviewing and training employees; planning, assigning, directing work and appraising performance; addressing complaints and resolving problems as well as make decisions regarding hiring, disciplining and policy.


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Candidate Requirements

• CPA Designation
• At least 5 years at the Controller level within a REIT
• Yardi experienced.

Salary Range
$100,000 - $115,000/year

How to Apply
Click the “Apply Now” button and follow the instructions to submit your resume. Please note that we only accept documents in MS Word or Rich Text formats. When referencing this job, quote #15936.

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.

About Lannick

Lannick is the premier professional recruitment and staffing firm in the Greater Toronto Area. Founded in 1985, Lannick provides best-in-class finance, accounting and technology professionals at all roles and levels through its three divisions: Lannick Finance & Accounting, Pro Count Staffing and Lannick Technology. Lannick places more than 1,000 candidates annually and is a preferred vendor for Canada’s most successful organizations. Learn more at www.lannick.com.

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