About MaRS Innovation Hubs
MaRS Innovation Hubs is a leading commercial real estate owner and operator based in Toronto, specializing in high‑quality, mixed‑use property solutions for office, lab/research, and event/retail tenants. Helping power the MaRS Discovery District ecosystem, the real-estate portfolio of ~1.5 million square feet of purpose‑designed space (including wet and dry laboratories, furnished and unfurnished offices, premium event and conference facilities, collaborative workspaces, and retail amenities) is pivotal in enabling one of North America’s foremost urban innovation ecosystems.
We actively encourage all candidates to apply, including equity-deserving communities, including those who identify as BIPOC, racialized, women, people with disabilities, and people with diverse gender identities, expressions and sexual orientations.
We want you to be comfortable being your most authentic self throughout our recruitment process. Please reach out to [email protected] if there’s anything we can do to make your experience more accessible and inclusive, including accommodations. Include 'Accessibility Request' in your subject line.
About the Position
This is a permanent, full-time position. This job will be responsible for accounts receivable, general accounting processes and administrative duties for MaRS’ real estate assets and related businesses, including journal entries, month-end close and account reconciliations. Additionally, provide back up support for the accounts payable function, purchase order administration, and assist with preparation of the financial reports and annual budgets.
Key Responsibilities
- Process cash receipts accurately and on a timely basis in accordance with cash application procedures
- Monitor the AR inbox for remittances and inquiries, maintain accurate AR aging through offsetting adjustments and rent clearing entries, and prepare monthly management fee invoices and AR reconciliations
- Assist with monthly financial reporting, including preparation of journal entries, accruals, supporting schedules, general ledger account reconciliations. Prepare monthly bank reconciliations and HST returns
- Support purchase order administration process by monitoring the PO inbox and processing PO requests for approval through the Nexus Payables platform on a daily basis
- Review and process employee expense reports, ensuring compliance with internal policies
- Assist with the preparation of detailed annual budgets and re-forecast
- Support the annual audit process through the preparation of schedules and supporting documentation within established deadlines
- Provide backup support for Accounts Payable and assist the Property Accounting and Administration team with various financial and operational tasks, projects, and process improvements as required
- Support MDEI team on business strategies and assist in developing new workflows and processes
Requirements
- Accounting diploma
- 1 years of experience in AR/AP and GL
- Knowledge of accounting practices and processes
- Collaborative and a team player
- Ability to manage shifting priorities and function effectively under pressure
- Superior analytical and problem-solving skills, with attention to detail
Nice to Have
- University Degree in Finance, Accounting, or related field, and/or working towards a CPA designation
- Experience in GL and account reconciliations
Applications will close at 5pm EDT on October 27, 2026. However, we may close the posting earlier if we receive a high volume of qualified applications or if the position is filled before the deadline. We encourage interested candidates to apply as soon as possible.
This posting is for an existing vacancy.
Applicants must be legally eligible to work in Canada, reside in Ontario and be willing to work out of our Toronto office (101 College Street) a minimum of 3 days per week.
Salary Range: $55,000 to $62,000 CAD, up to a 10% discretionary incentive, extended healthcare benefits, $300 wellness spending account, 3% GRRSP Company matching, and generous paid time-off
Our Applicant Tracking System, BambooHR, does not use Artificial Intelligence (AI). From time to time MaRS may use AI in our screening, assessment, and selection processes.
#LI-MDD
Skills Required
- Accounting diploma
- At least 1 year of experience in accounts receivable, accounts payable, and general ledger accounting
- Knowledge of accounting practices and processes
- Collaborative and team-oriented
- Ability to manage shifting priorities and work effectively under pressure
- Strong analytical and problem-solving skills with attention to detail
- University degree in Finance, Accounting, or a related field
- Working toward a CPA designation
- Experience with general ledger accounting and account reconciliations
What We Do
MaRS is the world's largest urban innovation hub in Toronto that supports startups in the health, cleantech, fintech, and enterprise sectors. When MaRS opened in 2005 this concept of urban innovation was an untested theory. Today, it’s reshaping cities around the world. MaRS has been at the forefront of a wave of change that extends from Melbourne to Amsterdam and runs through San Francisco, London, Medellín, Los Angeles, Paris and New York. These global cities are now striving to create what we have in Toronto: a dense innovation district that co-locates universities, startups, corporates and investors. In this increasingly competitive landscape, scale matters more than ever – the best talent is attracted to the brightest innovation hotspots.
