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Manager Lease Accounting - 18 Months

The Mason Group - Strategic Search Partners
Toronto, OntarioOn-site$130k+1 week ago
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About this role

Salary: $130k - 140k per year + 10% Completion Bonus Reference: JOB-20928 Our Client, a fast-paced growth-oriented organization involved in Real Estate Asset Management is seeking an experienced a Manager of Finance and Accounting to join them on an 18 month contract. The role is in office downtown 4 days a week and work remote from home 1 day a week. As part of Finance Operations, the Manager, Lease Accounting leads a team of analysts and oversees lease interpretation, recovery accounting, and financial reporting across a diverse portfolio. The role ensures accuracy in recovery modelling, tenant billing, and revenue analysis while partnering with Legal, Leasing, Asset Management, Property Management, and Site teams to support financial decisions and deal outcomes. Key Responsibilities: Lease Interpretation & Business Partnership • Lease oversight — Lead lease abstraction and interpretation, ensuring accurate application of terms and proper system setup. • Cross‑functional support — Act as SME for Legal, Leasing, Asset Management, and Property Management. • Deal input — Provide financial guidance on negotiations, renewals, and amendments. • Issue resolution — Oversee complex tenant inquiries and disputes. • Data integrity — Ensure audit readiness and compliance. Recovery Modelling & Financial Performance • Recovery model ownership — Oversee CAM, tax, utility, and other recovery structures. • Review & approval — Validate recovery calculations, accruals, and reconciliations. • Budgeting & forecasting — Support annual planning cycles. • Variance analysis — Analyze revenue drivers and provide insights to leadership. • Risk & opportunity identification — Recommend strategies to improve recoverability and NOI. • Partnership & external advisors — Collaborate with asset/site teams and manage external consultants. • Transaction support — Support due diligence for acquisitions/dispositions. Reporting, Controls & Continuous Improvement • Financial reporting — Ensure timely, accurate reporting and deliverables. • Internal controls — Maintain strong controls and mitigate risk. • Process improvement — Lead automation, standardization, and system enhancements. Leadership & People Management • Team leadership — Lead and develop a team of 2–4 analysts. • Quality oversight — Review and challenge team work for accuracy and insight. • Performance management — Set objectives, manage workload, and provide coaching and development. Must Have: • University Bachelor's Degree in Accounting, Finance, Commerce or Business. • 5+ years of experience in lease interpretation, recovery accounting, or financial analysis within commercial real estate. • Proven ability to lead teams and manage complex, multi-asset portfolios. • CPA designation (completed or in progress preferred). • Strong knowledge of real estate accounting (IFRS). • Advanced Excel skills; experience with ERP systems (e.g., JD Edwards, Yardi). • Strong analytical, problem-solving, and communication skills. • Collaborative mindset with the ability to influence cross-functional partners. • Results-driven, detail-oriented, and adaptable in a fast-paced environment. Additional Information:TMGCT The Mason Group is committed to fostering a diverse, inclusive, and accessible recruitment process. We welcome applicants from all qualified candidates. Accommodations are available upon request for candidates participating in all stages of the recruitment process, in accordance with the Accessibility for Ontarians with Disabilities Act (AODA). This role is for an immediate vacancy, and we are actively hiring. Technology-assisted screening tools including AI may be used during the recruitment process; however, all applications are reviewed by our Consultants.
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