Starlight Investments Looking for Controller, Real Estate at Toronto, Ontario, Canada Full Time

Starlight Investments, in conjunction with WP Osborne Executive Search, is looking to fill a Controller role for their Canadian Residential Finance team.

CONTROLLER, REAL ESTATE

Reporting to the Director of Finance, the Controller will be directly responsible for managing the overall financial operations of various entities and responsible to provide accurate information, including analysis, budgeting, forecasting and preparation of financial reports. They will also be responsible for leading the team on the assigned entities and providing direction to the property managers, as required.

Duties and responsibilities:

• Manage the accounting operations including the detailed review of journal entries, balance sheet account reconciliations and financial statements;
• Detailed review of the monthly, quarterly and annual operating results for each property. This includes reviewing the work of the property managers, and ensuring they are reporting on time and accurately;
• Work with external auditors, including the preparation of audit working papers and financial statements;
• Oversee the preparation of tax returns (Canadian) completed by tax COE and tax advisors to ensure critical deadlines are met;
• Generate financial information for quarterly and annual reports and responsible for the accuracy and timeliness of financial information;
• Detailed review of monthly cash calls from the property managers to ensure accuracy and that the requests are within company guidelines;
• Review of the weekly cash flow analysis performed by senior accountants;
• Assist the Director, Finance in managing various treasury functions;
• Detailed review of account reconciliations completed by the accounting manager, junior and senior accountants;
• Responsible for the preparation of monthly financial statements and external reporting to financial institutions, ensuring that all reporting requirements are met;
• Responsible for the preparation of the financial statements and all corresponding notes to the financial statements;
• Generate reports of performance against budgets, and review and analysis of the variances from budget;
• Lead, guide, and coach a team of professional Accountants, as required. Ensure the team meets the assigned deadlines and that entities are reported on time;
• Review the recording of the trust ledgers and work with the legal team to ensure complete and timely information;
• Responsible for gathering accurate information to assist in the statement of adjustments for property dispositions;
• Detailed review of acquisition, disposal and refinancing journal entries. If the transaction is complex, assume responsibility for preparing these journal entries;
• Special projects as required, including acquisitions, disposals and financing transactions.

Qualifications

The successful candidate will possess a University degree in Business/Accounting and a professional accounting designation; a minimum of 5 years progressive real estate experience, including experience in a leadership role; experience overseeing audits performed by external audit firms; proficient communication, interpersonal and organizational skills; strong leadership skills to guide the team to the end goal, help resolve issues and work well in a deadline driven environment; willing to train and teach staff who are working toward obtaining their CPA designation. This role has a significant element of review, the environment is dynamic and the individual needs to be willing to be hands on. Advanced knowledge of MS Office and Excel skills. Experience with Yardi software is considered an asset.

Application

Qualified candidates can submit their resume via LinkedIn. We thank you for your interest in this role, only qualified candidates will be contacted.

Starlight Investments

Starlight Investments is a leading global real estate investment and asset management firm. A privately held owner, developer and asset manager of over 77,000 multi-residential suites and over 9 million square feet of commercial property space, we offer a range of investment vehicles across various real estate strategies. Starlight’s guiding mission is to balance our tenure with visionary curiosity to create positive impact for investors and communities alike. At Starlight, we invest with impact. Learn more at www.starlightinvest.com or connect with us on LinkedIn.

WP Osborne Executive Search

WP Osborne is a privately-owned search firm delivering full-service recruitment expertise for over 20 years to a broad range of clients in the real estate industry. Our expertise extends across every major asset class including multi-residential, office, industrial, retail, mixed-use, condo, hotels, and senior living across the functions of asset management, investments, development, construction, leasing, property management, portfolio management, finance, marketing, IT, HR and strategy.

Reference #1339 – Controller Real Estate