JOB OVERVIEW
Group D Properties owns and manages a growing portfolio of commercial properties covering 500,000+ sq ft of commercial office and retail space with 200+ tenants in Toronto’s downtown core and west end.
We are seeking a hands-on, experienced Property Controller to own accounting operations and financial reporting, ensuring financial accuracy and compliance with internal and external standards and regulations. This position is supported by a full-time, full-cycle bookkeeper.
The ideal candidate will be mature, responsible, and professional, with strong communication skills, both written and verbal. Additionally, the applicant should be organized, tech-savvy, detail-oriented, and possess strong industry experience.
DUTIES AND RESPONSIBILITIES
· Oversee Full Cycle Accounting: Record financial (A/R, A/P) transactions, process payroll, maintain the general ledger, and reconcile accounts to ensure accurate, audit-ready statements for all properties/entities.
· CAM/TMI: Budget, allocate, and reconcile CAM/TMI, utilities, tax, and chargebacks.
- Banking: Deposits, EFTs, cash management, bank recs, covenant tracking
· Financial & Management reporting: Prepare monthly and annual reporting packages (P&L, balance sheets, cash flow, rent roll, variance analysis, highlight key financial insights). Identify and correct account discrepancies and irregularities.
- Budgeting, Forecasting & Analysis: Assist in budgeting process, forecast cash flow, and analyze costs to improve profitability and efficiency across real estate portfolio. Support CAPEX planning.
· Compliance: Ensure compliance with ASPE, lender reporting/ratios/covenants, and company policies. Build and enforce internal controls; flag risks.
· Assurance: Act as primary liaison with external auditors and tax advisors to produce year end statements, remit taxes, disburse shareholder distributions, and issue T5 slips
· Tax: Compute, prepare, and remit HST ; work with tax accountant to file and pay annual corporate tax returns
· Financing & Acquisitions: Support, model, and evaluate refinancing, loan renewals, acquisitions, and lender due diligence.
- Supervision: Supervise accounting clerk and external bookkeepers
SKILLS AND QUALIFICATIONS
· Education
o Bachelor’s degree in accounting, finance, or related field
o CPA designation
· Experience
o 5+ years experience in real estate, property management, or a related field
o Strong understanding of office, retail, and/or industrial real estate operations
o Knowledge of accounting principles, cash management, forecasting
o Tax and audit experience
· Software skills
o Advanced Excel and Quickbooks skills
o Experience with real-estate ERP systems (eg. Yardi, MRI)
o System implementation experience an asset
o Advanced financial modelling capabilities (NOI, IRR, cap rate, DSCR, refinance scenarios) an asset
· Communication skills
o Strong communication, leadership, and problem-solving skills an asset
o Experience working with lenders, auditors, and ownership groups an asset
· Other skills
o Analytical skills
o Strong attention to detail
o Proactive and prompt issue resolution
Pay: $110,000.00-$125,000.00 per year
Benefits:
- Casual dress
- Dental care
- Extended health care
- Flexible schedule
- On-site parking
Work Location: In person
