DREAM

Manager, Development Accounting

DREAM$100K — $120K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • CPA designation preferred with a minimum of 3 years post-qualification experience, including 2 years at a supervisory level.
  • Strong grasp of month-end close processes, reconciliations, and financial statement preparation.
  • Process-oriented with the ability to document workflows and standardize practices.
  • Knowledge of joint business arrangements and operating practices for residential, commercial, and retail assets.
  • Proficient in Microsoft Office, especially Excel; experience with JD Edwards is advantageous.

Responsibilities

  • Oversee financial operations for project assets, including transaction reviews and report preparation.
  • Manage monthly, quarterly, and annual variance analyses for senior management and partners.
  • Ensure accuracy of accounting records for reliable financial reporting.
  • Oversee IT and reporting systems, enhancing financial operations and implementation.
  • Lead and mentor the accounting team to foster development and collaboration.
  • Establish and enforce accounting policies to ensure continuity and compliance.
  • Build relationships with 3rd party managers to align reporting with management agreements.
  • Assist with preparation for audits and ensure regulatory compliance for financial reporting.
  • Support budgeting and forecasting processes across all assets.
  • Engage in meetings with stakeholders to support asset management initiatives.

Benefits

  • Comprehensive benefits package including paid vacation and personal days.
  • Flexible benefits that can cater to individual employee needs.
  • Access to mental health resources and support.
  • Professional development opportunities to advance skills and career.
  • Team-building activities and social events to foster a collaborative work culture.
Full Job Description
This position can be based in Toronto, ON or Ottawa, ON. If you are interested in the Toronto, ON location, please apply to the job posting with Toronto listed as the location.

Who are you?

The successful candidate is a highly analytical, self-motivated, and collaborative team member. You are not afraid to think outside the box to find the best approach to achieve results.

You constantly prove to take initiative, own a broad set of responsibilities, and are a business partner to various stakeholders. You are a quick learner and consider the bigger picture in managing various deliverables and initiatives, and you thrive in a complex and fast-paced environment. You are able to work independently on multiple projects with tight deadlines and pivot to new priorities.

This role will oversee a diverse portfolio of residential rental, commercial and retail income properties and assets.

We want to bring on someone who is eager to learn, works hard, and has fun. In other words, we want you to fit in here. This is an opportunity for you to take on responsibilities, build on your already strong skill set, and help your team achieve its goals, all in a work environment that is fast-paced and dynamic.

What will you do?

Dream is looking to hire a creative and energetic Accounting Manager, Income Properties & Investments, to take to oversee the financial management of a portfolio of Income Property assets.

Below are some of the primary responsibilities you will be taking on in this role. There will be more, but we can discuss those in person.

  • Oversee the accounting and financial operations cycle for each project asset, including review of high-risk transactions and journal entries, third party manager monthly reporting packages, trial balances, reconciliations, working papers, and managing capital calls and distributions;
  • Manage the preparation and review of monthly, quarterly and annual variance analyses of actuals versus budget, and communicating results verbally and in writing to Senior Management and partners;
  • Responsible for assessing the overall reasonableness and accuracy of accounting records to ensure reliable financial information;
  • Manage IT and financial reporting systems, oversee the general ledger and reports, design processes and reports to facilitate efficient operations and reporting, and oversee their implementation;
  • Lead, manage, provide training and mentorship to the accounting team members;
  • Review and set up appropriate accounting policies and oversee their continuous application;
  • Build relationships with 3rd party property managers and ensure monthly reporting is in line with management agreements;
  • Assist in the preparation of supporting schedules and continuities for quarterly and annual consolidated financial statements and note disclosures;
  • Coordinate quarterly reviews and year-end audits with external auditors when applicable for projects, ensure compliance with the financial reporting requirements of partners as well as with regulatory tax reporting requirements;
  • Assist with the budgeting and quarterly forecasting process for all the assets; and
  • Participate in operational meetings with internal and external stakeholders and provide support to the asset management team as needed.


What type of experience and skills do you have?

These are only some of the things we'd like you to bring to the table. We can cover the rest when we meet.

  • CPA designation preferred, with a minimum of 3 years post-qualification experience, of which at least 2 years are at a supervisory level. Equivalent combination of education and relevant professional experience will be considered.
  • Strong understanding of month-end close, reconciliations, financial statement preparation and consolidations an asset;
  • Process-minded: able to document workflows and drive adoption of consistent practices;
  • Understanding of various joint business arrangements (JV, partnerships etc.) and the operations of residential, commercial and retail operating assets;
  • Highly proficient in Microsoft Office, particularly in Microsoft Excel; and
  • Experience with JD Edwards is a definite asset.




This is a regular, full-time position with a base salary range of $100,000-$120,000. In addition to base salary, the role is eligible for a performance-based bonus and a comprehensive benefits package, which includes paid vacation and personal days, flexible benefits, mental health resources, access to perks and discounts, professional development support, and team-building and social events.

Compensation is determined based on several factors, including relevant experience, total years of experience, industry experience, education, and professional designations. We recognize that exceptional talent doesn't always fit neatly into a bracket. Final compensation will be tailored to your specific experience, skills and the unique value you bring to the table. If your qualifications exceed the scope of this role, we may be open to adjusting the mandate - and the salary - to reflect that expertise.

We look forward to hearing from you, but please note; due to the high volume of applications, only candidates who qualify will be contacted. This position is for an existing vacancy.

About DREAM

DREAM is a real estate investment trust (REIT) that owns and operates a portfolio of multifamily, industrial, and office properties. The company was founded in 1996 and is headquartered in Miami, Florida. DREAM's portfolio consists of over 30,000 units and 20 million square feet of commercial space located primarily in the United States. The company's strategy is to acquire and manage high-quality properties in markets with strong growth potential.
Learn more about DREAM
Size
1,200 employees
Industry

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