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  • Accounting Manager

    Job Location CA-ON-Toronto
    Posted Date 1 month ago(12/18/2018 12:32 PM)
    Number of Positions
    Job Industry
    Accounting and Auditing Services, Real Estate and Property Management
    Career Level
    Experienced, Management
    Postal Code
    M5E 1W1
  • Job Description (EN)

    The Accounting Manager is responsible for supporting the head office and regional office accounting processes. The position will be work directly with the regional controllers, VP of Accounting, and various stakeholders to ensure the accuracy and completeness of the accounting records relating to capital expenditure, development, and various regional initiatives.  This will entail effective co-ordination, communication and support to several departments (e.g. CAPTECH, Procurement, Accounting, Finance, etc.) and the Regional offices.




    Capital Expenditure and Development

    • Lead the implementation of development accounting within CAPREIT’s SAP system
    • Track spend on development projects and track them accurately against budget while providing insight to the development group on cost overruns / percentage of completion
    • Oversee and monitor that the capital expenditure accounting policy has been applied consistently and accurately across the regions
    • Manage the month-end process to ensure capital expenditure related jobs are complete and accurate while supporting regional controllers and analysts on month-end close process as required
    • Assist with queries relating to capital expenditure and development
    • Ensure the data and information in the fixed asset module and general ledger systems in the SAP are accurate, complete and reliable
    • Review the budgets and forecasts of capital expenditure prepared by the regions to ensure assumptions are supportable
    • Prepare MD&A schedules relating to current capital expenditure spend and forward projections (i.e. forecasts)
    • Prepare monthly, quarterly and yearly schedules for the financial reporting team


    Head Office and Regional Support

    • Consolidate regional accounting records centrally at head office for preparation of summarized reports
    • Research new IFRS / RealPAC accounting policies and principles that will affect the accounting department
    • Assist in the implementation of accounting policies and principles which may affect the SAP system or others
    • Train accounting teams on any new accounting procedure or policy change
    • Conduct regular meetings to promote two-way communication of best practices in business and system processes
    • Provide support to the head office team relating to month-end, quarter-end, and year-end close
    • Assist in the implementation of new accounting systems / processes
    • Liaise with the auditors and their requirements

    Special Projects

    • Continuous review of business processes to ensure efficiency and effectiveness
    • Ad hoc tasks as requested by senior management


    • CPA designation or close to completion
    • 3-5 years relevant accounting experience
    • Attention to detail and high level of accuracy
    • Excellent knowledge of construction industry terms and terminologies
    • Excellent knowledge of IFRS applicable to area of responsibility
    • Effective organization and time management skills
    • Excellent verbal and written communication skills
    • Proficiency in MS Excel is a requirement
    • Proficiency in the SAP system would be an asset


    CAPREIT values diversity in the workforce and is an equal opportunity employer. 

    CAPREIT welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.



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