Loblaw Companies

Senior Manager, Property Accounting

Loblaw Companies$118K — $162K *
Real Estate & Construction
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Minimum eight (8) years of progressive Property Accounting experience, preferably in commercial real estate, with at least 3 years in a senior supervisory/manager role.
  • Completion of a related post-secondary program or equivalent experience.
  • Strong analytical skills to understand financial activity and results.
  • Solid grasp of accounting and internal controls procedures.
  • Exceptional verbal and written communication skills across all organization levels.
  • Proficient in Microsoft Suite (Excel, PowerPoint, Word).
  • Critical thinking and problem-solving abilities with high attention to detail.
  • Ability to work independently and as part of a team with minimal supervision.
  • Proactive and flexible, thriving in a fast-paced environment.
  • Preferred: Accounting designation (CPA, CMA or CGA); experience with J.D. Edwards is an asset.

Responsibilities

  • Lead and develop a high-performance Property Accounting team.
  • Provide expert financial guidance to business leaders and employees.
  • Ensure timely and accurate accounting and processing of financial activities.
  • Maintain compliance with tenant lease agreements and accounting policies.
  • Review monthly, quarterly, and budget financial results with variance analysis.
  • Monitor business performance and provide insights on financial trends and variances.
  • Oversee the preparation of monthly working paper packages for accuracy and completeness.
  • Ensure timely delivery of co-owner financial requirements including distributions and submissions.
  • Prepare and review year-end legal entity financial statements.
  • Oversee completion of interim and year-end billing processes.
  • Manage audit processes and coordinate with external auditors.
  • Collaborate with cross-functional teams for value-added support.
  • Identify and implement enhancements for reporting quality and process efficiency.
  • Manage team capacity and prioritize tasks to meet departmental objectives.
  • Ensure timely recording of property acquisitions and disposals.
  • Coach and mentor team members for succession planning.

Benefits

  • Hybrid work model with 3 days in office per week.
  • Opportunity to lead and mentor a team of accounting professionals.
  • Engagement with senior management and cross-functional teams.
  • Focus on process improvements and enhancing operational efficiency.
  • Participation in ad-hoc projects and initiatives.
Full Job Description

Location:

 

 

Position Title: Senior Manager, Property Accounting

Office Location: Morningside or St. Clair

Hybrid Model: 3 days in office

 

Position Overview

The Property Accounting team at Choice is a key service group focused on delivering timely and accurate results for month-end and operational business decisions. The team comprises of designated accounting professionals and long-standing industry leaders. Reporting directly to the Director, Property Accounting, in this role, you will be a key supporter of process improvements and alignment across the group and will mentor a high performing team as a value-added partner for the business.

 

Responsibilities:
  • Lead and develop a team of Property Accounting Managers and Financial Analysts, fostering a high-performance and collaborative culture.
  • Provide expert guidance and support to business leaders and employees on financial information, accounting processes, and operational matters.
  • Ensure the timely, accurate, and reliable accounting and processing of all financial activities within the portfolio.
  • Maintain compliance with tenant lease agreements, Choice Properties' accounting policies, and applicable IFRS requirements.
  • Review and analyze monthly, quarterly, and budget financial results, including variance analysis and management reporting.
  • Monitor business performance and provide meaningful financial insights and commentary on trends, variances, and key drivers compared to budget and prior periods.
  • Oversee the timely preparation and review of monthly working paper packages, ensuring completeness and accuracy.
  • Ensure deliverables to co-owners are provided in accordance with established timelines, including Cash Distributions, HST, GST, and QST submissions.
  • Prepare and review year-end legal entity financial statements.
  • Oversee the accurate and timely completion of interim and year-end billings, rental advice notices, and major tenant tax billings.
  • Manage the CAM and joint venture audit processes, including the review of audit deliverables and coordination with external auditors.
  • Partner closely with Property Operations, Leasing, and cross-functional teams to deliver responsive, value-added support.
  • Identify and implement opportunities to enhance reporting quality and streamline processes to improve team effectiveness.
  • Proactively manage team capacity, priorities, and deliverables to ensure departmental objectives are achieved within established deadlines and quality standards.
  • Ensure acquisition and disposal of properties is timely and accurately recorded, which may require preparation of statement of adjustments as necessary.
  • Coach, mentor, and develop team members, supporting succession planning and long-term talent growth.
  • Assistance with ad-hoc projects as required.

Qualifications:
  • Minimum eight (8) years of progressive Property Accounting experience, preferably in commercial real estate, with at least 3 years in a senior supervisory/manager role.
  • Completion of a related post-secondary program or an equivalent combination of education and relevant experience.
  • Strong analytical skills with the ability to review and understand financial activity and results.
  • Solid understanding of accounting and internal controls and procedures.
  • Strong verbal and written communication skills, with the ability to interact effectively with individuals at all levels of the organization.
  • Proficiency with Microsoft Suite applications (Excel, PowerPoint, Word). 
  • Critical thinking and problem-solving skills with high level of attention to detail and accuracy.
  • Ability to work independently and as an integral part of a team, with minimal supervision.
  • Proactive, self-motivated, and flexible while working in a fast-paced deadline-driven environment.
  • Accounting designation (CPA, CMA or CGA) preferred.
  • Experience with J.D. Edwards system is an asset.

Additional Information:

Number of Openings:

1

Please Note: If you have Employee Self Service (ESS) on Workday, apply to this job via the Workday application.

 

 

Hiring Range / Échelle salariale à l’embauche :

 

 

$118,020.00 - $162,277.50 / 118.020,00$ - 162.277,50$ (per year / par an)

 

 

A candidate’s experience and knowledge as well as the geographical region in which the position is located may be factored into the pay a candidate receives for this position. This posting is for a newly created position. The Company uses artificial intelligence for the purpose of screening, assessing and/or selecting applicants for this position. / L’expérience et les connaissances d’un candidat ainsi que la région géographique dans laquelle le poste est situé peuvent être prises en compte dans la rémunération qu’un candidat reçoit pour ce poste. Cette offre d’emploi concerne un poste nouvellement créé. L’entreprise utilise l’intelligence artificielle dans le but de filtrer, d’évaluer et/ou de sélectionner les candidats à ce poste.

About Loblaw Companies

Loblaw Companies Limited is a Canadian food retailer that encompasses 22 brands, including Loblaws, No Frills, Real Canadian Superstore, and Shoppers Drug Mart. The company was founded in 1919 by Theodore Loblaw and J. Milton Cork. Loblaw Companies Limited is the largest food retailer in Canada, with over 1,050 corporate and franchised stores across the country. The company also operates a loyalty program called PC Optimum, which allows customers to earn points on purchases that can be redeemed for discounts on future purchases.
Learn more about Loblaw Companies
Size
215,000 employees
Industry
NASDAQ

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