2-4 years of experience in property accounting with a focus on financial analysis
Bachelor's degree in Business with a major in Accounting or Finance
CPA designation is an asset; enrollment in the CPA program is required
Strong cash flow modeling and financial forecasting skills across various real estate asset classes
Understanding of complex real estate partnership structures for calculating waterfalls and preferred returns
Advanced proficiency in Microsoft Excel, including Power Query; experience with Python and Power BI is a plus
Experience with Yardi is an asset
Responsibilities
Review and authorize property-related payments to maintain working capital levels
Calculate and prepare quarterly partner distributions based on cash availability
Review and approve property funding requests for accuracy and alignment with forecasts
Develop and manage 10-year cash flow models based on budgets and assumptions
Deliver financial and operational analysis to highlight property performance and trends
Present quarterly financial results and variance analysis to management teams
Produce quarterly investor reports with insightful analysis of financial results
Benefits
Unlimited career growth opportunities
Mentorship from industry leaders
Corporate Giving Strategy supporting community development
100% employer-paid Benefit Plan with Healthcare Spending Account
Educational Assistance Program
'Dress for your day' policy
Annual salary reviews and performance bonuses
Full Job Description
Let's face it, you love numbers. You love finding solutions using your pragmatic yet persistent approach. You know how to collaborate and work in a team.
You Are
Passionate about financial analysis and enjoy uncovering insights from complex data.
A proactive problem solver who continuously seeks opportunities to improve processes and drive better business outcomes.
Energized by working with large datasets and developing robust financial models in Excel.
Curious about the business story behind the numbers, with the ability to translate financial results into meaningful insights and recommendations.
Equipped with a strong foundation in accounting principles and financial reporting
Detail-oriented, analytical, and committed to delivering accurate, high-quality work in a fast-paced environment.
For your portfolio of properties, you will be responsible for:
Property level cash management
Review and authorize property-related payments, ensuring obligations are satisfied while maintaining appropriate working capital levels
Calculate and prepare quarterly partner distributions in accordance with property cash availability and partnership agreements
Review and approve property funding requests prepared by the IPPA team, ensuring accuracy and alignment with cash forecasting
Property level forecasting, analysis and reporting
Develop, update, and manage 10-year cash flow models based on approved budgets and business assumptions in excel
Ensure forecasted capital expenditures, leasing costs, and operating revenue/expenses to ensure cash flow forecasts accurately reflect property performance
Maintain and enhance cash flow models to accurately reflect property acquisitions, dispositions, and other portfolio changes
Deliver financial and operational analysis to the Asset Management team, highlighting property performance, trends, and key metrics
Present quarterly financial results, cashflow, and variance analysis to property operations and management teams
Produce quarterly investor reports, providing insightful analysis and clear explanations of financial results and key variances
Support special projects, process improvements, and other ad hoc analyses as required
You have
2-4 years of experience in property accounting with a focus in financial analysis
Bachelor's degree in Business with a major in Accounting or Finance
A CPA designation is an asset, enrollment in the CPA program is required
Strong cash flow modelling and financial forecasting skills across various real estate asset classes.
Strong understanding of complex real estate partnership structures to support calculation of waterfalls, hurdle rates, and preferred returns
Advanced proficiency in Microsoft Excel, including Power Query; experience with Python and Power BI is considered an asset.
Experience with Yardi (an asset)
We have
Great, diverse, authentic people!
Unlimited career growth opportunities
Mentorship from the 'best in the biz'
A Corporate Giving Strategy supporting community development
Annual salary reviews and performance bonuses
100% employer paid Benefit Plan with Healthcare Spending Account and Employee Assistance Program
An Educational Assistance Program
'Dress for your day' policy... and more!
Salary range: $80,000 - $100,000 per year estimated, based on experience and qualifications
Please, no unsolicited resumes or phone inquiries from agencies. View ourPolicy on Unsolicited Resumeson our website.