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Property Accountant, US Portfolio

Job ID:
Job Type:
Full Time
Toronto, Ontario, Canada
Job Category:
Accounting / Auditing / Finance
Oxford Properties
Closing Date:
March 29, 2019

Why join us?

We are looking for a property accountant to join Oxford’s North American Accounting team. The successful candidate will be responsible for the day-to-day accounting for a specific portfolio of US assets. Responsibilities include general ledger accounting, preparing financial statements, reviewing financial statement results, preparing analysis on an individual and/or consolidated portfolio basis, ensuring regulatory compliance and providing accounting support to the operations group.

This role requires strong attention to detail, communication skills and the ability to multitask in a complex environment. Experience working in the real estate industry and large organization with a complex legal entity structure is an asset.

As a member of this team, you will be responsible for:

• Responsible for all aspects of general ledger accounting including preparing monthly journal entries, bank reconciliations, etc.
• Prepare reporting and analysis to joint venture partner, lenders and Corporate Accounting group.
• Prepare real estate tax, operating expense and other CAM (escalation billings) for tenants.
• Prepare statutory and audited financial statements for regulatory and lender reporting requirements.
• Work proactively with the tax team and external advisors to ensure compliance with US REIT requirements.
• Assist the Manager to ensure that the overall team monthly reporting is completed on time and accurately.
• Work proactively with the Operations team to identify issues regarding the monthly financial results, reporting packages to clients, tenant escalation / tax questions, and provide guidance on proper accounting policies.
• Participate in the monthly Operations / Accounting meetings on portfolio planning and the discussion and presentation of property results.
• Work with the Asset Managers and other interested parties to coordinate the creation and flow of financial data, budgets and reforecasts.
• Participate in the development, training, and implementation of new accounting policies, controls, and procedures.
• Act as a systems and process support for Accounting and Operations.
• Support and implement special project initiatives including documentation, process efficiencies, and implementation of system related improvements.
• Work with independent auditors and create work papers to be used in conjunction with audits.
• Reviewing and analyzing tenant leases.
• Other tasks and responsibilities as assigned in order to maintain accurate and efficient workflow and reporting.
• Propose recommendations for process improvement of standardized reporting, policies and procedures to support efficiency and effectiveness of day to day activities.

To succeed in this role, you:

• University degree.
• Completion of or working towards a CPA designation.
• Minimum 3-5 years of experience in Property Accounting in Office or Retail sectors.
• Proven financial analytical skills.
• Excellent verbal and written communication skills with the ability to effectively communicate across all levels within, as well as outside the organization.
• Strong interpersonal skills with the ability to deal effectively and professionally under pressure or in stressful situations.
• Independent, self-starter, and also works well in a team based environment.
• Excellent time management and organizational skills and the ability to manage conflicting priorities within structured deadlines and deliverables.
• Advanced Microsoft Excel skills and proficient with Microsoft Word and Outlook.
• Excellent knowledge and experience related to technology and accounting systems in a real estate environment (JD Edwards preferred).

Our story:

OMERS is one of Canada’s leading pension funds. We invest over $85 billion for more than 470,000 plan members and their families. Our investment professionals use a direct-drive, active management strategy to invest in public and private markets from our offices in Toronto, New York, London and Sydney. We are committed to earning superior returns by attracting world-class investors and by building a culture of excellence.

Established in 1960, Oxford Properties Group is the real estate arm of OMERS, one of Canada’s largest pension funds with over $85 billion in assets. Today, Oxford is a global platform for real estate investment, development and management, with over 2,000 employees and over $45 billion of assets that it manages for OMERS and on behalf of its co-owners and investment partners. Headquartered in Toronto, Oxford has regional offices in Calgary, New York, Boston, Washington, DC, Singapore, Sydney and London, each with a team of talented professionals with deep real estate expertise and local market insight. For more information about us visit www.oxfordproperties.com.

OMERS is committed to having a workforce that reflects the communities in which we live and work. Diversity and Inclusion at OMERS means we respect and value the broadest range of experiences, geographies, gender, ethnicities and perspectives as key elements of our culture. We are an equal opportunity employer committed to a barrier-free recruitment and selection process. If contacted for an employment opportunity, please advise if you require accommodation.

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