Manager, Accounting

Posted 5 Days Ago
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Toronto, ON, CAN
In-Office
105K-120K Annually
Senior level
Real Estate
The Role
Lead property accounting for a complex commercial real estate portfolio: manage a team, oversee monthly/quarterly financial reporting, budgeting, recoveries, audits, internal controls, and ad-hoc financial analysis to support business decisions.
Summary Generated by Built In
About Allied 

Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Our work is grounded in a clear purpose: to provide knowledge-based organizations with distinctive urban environments that support creativity, connectivity and human wellness. 

Our vision is more expansive. We seek to make a continuous contribution to cities and culture that elevates and inspires the humanity in all of us. This vision informs how we operate, how we design and how we lead.  

Real estate, for us, is not a passive investment. It is a profoundly human endeavour, one that must promote wellness, sustainability, diversity and creativity—today and for generations to come. 

Allied is also a place to build a career of consequence. If you are looking for work that is thoughtful, tangible and enduring—work that contributes meaningfully to cities and the people who inhabit them—you will find purpose here.  

For more information on Allied’s approach to city-building, visit our Insights page.  

Purpose

    Lead and oversee the property accounting function for a complex portfolio of commercial real estate assets, ensuring accurate financial reporting, effective internal controls, and operational excellence. As Manager, Accounting, you will provide leadership to a team of property accounting professionals while overseeing monthly and quarterly financial reporting, budgeting and forecasting activities, recovery reconciliations, audit coordination, and financial analysis to support Allied’s business objectives. 

    Reporting to the Controller, Property Accounting, you will collaborate closely with Property Accounting, Portfolio Operations, Finance, Investments, and external auditors to deliver timely and accurate financial information, support strategic decision-making, and drive continuous improvement across accounting processes and controls. Through strong leadership, technical accounting expertise, and a commitment to developing talent, you will help strengthen Allied’s financial performance, accountability, and long-term success.

Responsibilities

    Reporting Responsibilities:

    • Mentor and lead members of the property accounting team through coaching, training, timely review, and constructive feedback of all deliverables.
    • Manage the property accounting of a complex portfolio of properties, including, but not limited to Joint Ventures—internally and externally managed, and retail and shared facilities portfolios.
    • Review Monthly Property Financial Statements for assigned portfolio, including.
      • Review and approve journal entries.
      • Review recovery reconciliations and shortfall analysis.
      • Detailed revenue analysis.
      • NOI / SANOI / FFO / AFFO Analysis.
      • Detailed balance sheet analysis.
      • Bank and Sales Tax Reconciliations.
      • Review and prepare property related financial data and schedules for quarterly financial statements and MD&A.
      • Assist with monthly and quarterly ad hoc analysis and reconciliations.
      • Review final annual operating costs and tax recovery reconciliations.
      • Assist with coordinating monthly reporting deadlines and ensure that deadlines are met.
      • Liaise with auditors and provide information for audit related queries.
      • Coordinate the internal control audit, including review of the control matrix.
      • Coordinate the annual CAM statement audits, and quarterly and annual financial audits.
      • Budgeting and Forecasting:

      • Provide support and leadership in the completion of the annual budget.
      • Review annual budgets for assigned portfolio.
      • Assist with preparation, review and analysis of consolidated budget schedules, including variance analysis and trend analysis.
      • Other Responsibilities:

        • Assist in providing training and education to encourage on-going development and improve accounting skills and knowledge.
        • Active involvement in improving processes and updating SOP’s, including coordinating the review of existing Standard Operating Procedures (SOPs), and implementation of any new SOPs.
        • Assist in establishing annual department goals and objectives.
        • Ensure all internal control are adhered to and report any deficiencies.
        • Ad-hoc financial analysis, as needed.
        • Participate in special projects as they arise.

Qualifications

    Must have:

    • At least 7 years of Property Accounting experience in a commercial/retail real estate company.
    • At least 2-3 years of managerial / supervisory experience.
    • Experience in budgeting, full cycle accounting, and reading leases with knowledge of lease terminology.
    • University Degree in accounting or finance.
    • Professional Accounting Designation (CPA).
    • Knowledge of accounting software such as Yardi, MRI or JD Edwards.
    • Team player with excellent interpersonal and communication skills.
    • Self-motivated individual, with strong problem-solving and prioritizing skills.
    • Detail-oriented with strong analytical skills, and an ability to work in a fast-paced environment.
    • Strong computer skills, with advanced skills in MS Excel and knowledge of MS Word.

    • Would be an asset:

      • Bilingual skills (English and French) is an asset.

Total Rewards* and the Employee Experience 

At Allied, total rewards are designed with the same perspective that shapes our operations. They are intended to support sustained contribution, creativity and a genuine sense of ownership in the work we do. 

In practice, this includes: 

  • Shared financial success and an ownership mindset 
    Eligible employees participate in performance-based bonus programs and a retirement savings program, with the option to invest in traditional funds or Allied units. This approach aligns individual effort with Allied’s long-term performance and reinforces a sense of ownership at every level of the organization. 

  • Intentional presence and time off
    In addition to vacation, employees receive six personal days and half-days before statutory holidays. Allied supports flexibility while maintaining a strong, in-person culture. This reflects how we collaborate most effectively and how we operate as a business. 

  • Health, wellbeing and support 
    Comprehensive, company-paid health benefits include vision and dental coverage, along with a healthcare spending account. An employee assistance program is available to provide confidential support when it is needed. 

  • Growth through leadership and exposure 
    Allied believes in leadership at every level. Employees are encouraged to contribute beyond the boundaries of their role, collaborate across disciplines and develop a broad understanding of the business. For those drawn to real estate, this includes uncommon exposure to how buildings, organizations and cities evolve through hands-on experience and shared responsibility. 

  • Professional development grounded in practice 
    Learning at Allied is both formal and experiential. Ongoing professional development and a mentorship program support growth through structured learning and day-to-day engagement with experienced colleagues across the organization. 

  • Purpose and connection beyond work
    Each year, employees are provided with a paid volunteer day to contribute time and effort to a cause that is personally meaningful to them, reflecting our belief that contribution extends beyond the workplace. 

If you are motivated by the role real estate plays in shaping cities and culture, and want your work to contribute to that effort, we encourage you to apply. 

More insight into life at Allied, including our ESG and EDI initiatives, can be found in our annual ESG report. 

*Temporary or contract roles may not qualify for all the benefits listed, and some roles may follow a modified total rewards structure. We will confirm what benefits you qualify for during the recruitment process.  

 Additional Information 

We value human connection and experience. While Allied uses technology, including AI-enabled tools, to support administrative efficiency, all screening, assessment and hiring decisions are made by people. 

We are committed to hiring the most qualified candidates with a dedication towards supporting diversity, equity and inclusion across our organization. All qualified applicants will receive consideration for employment without regard to gender, ethnicity, origin, sexual orientation, disability and socioeconomic background. Diverse perspectives strengthen our organization and help us deliver better outcomes for our tenants, partners and communities. All qualified candidates are encouraged to apply.  

We strive to provide an accessible recruitment experience and welcome reasonable accommodation requests at any stage of the recruitment process. Please reach out to [email protected] if support is needed. 

We look forward to receiving your application. 

Skills Required

  • At least 7 years of Property Accounting experience in a commercial/retail real estate company.
  • At least 2-3 years of managerial / supervisory experience.
  • Experience in budgeting, full cycle accounting, and reading leases with knowledge of lease terminology.
  • University Degree in accounting or finance.
  • Professional Accounting Designation (CPA).
  • Knowledge of accounting software such as Yardi, MRI or JD Edwards.
  • Team player with excellent interpersonal and communication skills.
  • Self-motivated with strong problem-solving and prioritizing skills.
  • Detail-oriented with strong analytical skills and ability to work in a fast-paced environment.
  • Advanced skills in MS Excel and knowledge of MS Word.
  • Bilingual skills (English and French).
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The Company
HQ: Toronto, Ontario
351 Employees
Year Founded: 2003

What We Do

Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. We provide knowledge-based organizations with workspace that is sustainable and conducive to human wellness, creativity, connectivity and diversity. View our career opportunities at hire.lever.co/alliedreit

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