Controller, IPP
Apply NowCompany: Equiton
Location: Burlington, ON L7L 0A1
Description:
Controller, Income Producing Properties
AboutEquiton:
Founded in 2015, Equiton is a recognized leader in private equity investments with 1 billion CAD in Assets Under Management (AUM). Our exponential growth is a direct outcome of our leadership team understanding how the industry works and how to create long-term wealth through real estate investing. We have discovered that finding the right opportunities involves time, experience, and discipline. Our strategy is always forward-looking, anticipating trends and adapting our selection to strengthen our market position, capitalizing on value creation opportunities, and building the most robust portfolio possible for our investors. We attract exceptionally talented people and create an atmosphere that rewards initiative, independent thinking, and integrity.
AboutthePosition:
We are looking for a self-directed and experienced Controller who is an expert in leading, planning, and coordinating all accounting functions for our Income Producing Properties. You will be responsible for driving and overseeing accounting operations, offering recommendations for improvements, and implementing new processes and procedures. The Controller, IPP reports to the VP, Finance- IPP, and delivers precise information under strict deadlines. The ideal candidate for the Controller, IPP position is collaborative, attentive to detail, with strong problem solving and time management skills.
Key Functions and Responsibilities:
1. General Accounting
Oversees, reviews, and approves the timely and accurate gathering, inputting, and reporting of property financial activities, performance, and resources, for a given portfolio to meet company and regulatory reporting requirements and provide information for decision making.
2. Strategic Planning
Acts as an expert resource for their respective functional or site/office teams, providing input on complex technical and real estate issues for clients and staff, to better expedite projects and help influence strategic decision-making.
3. Relationships with Internal Stakeholders
Develops collaborative relationships with various internal functions to ensure effective communication flow: information is shared and used in a timely manner to allow for a more efficient accounting process and business decision-making.
4. Accounting Conversion for New Properties
Oversees the setup of new accounts for newly acquired or existing properties and property dispositions and follows up on outstanding property accounting issues to resolve any long-standing issues.
5. Budgeting
Ensures the accounting component of the annual budgeting process for all properties is accurate, value-adding, and is completed within the required timelines.
6. Forecasting & Reporting
Coordinates and directs the preparation of operational forecasts, administers and reviews all financial plans (Budgets and Forecasts) and compares them to actual results with a view to identify, explain, and correct variances as appropriate.
7. Year-End and Audits
Plans and manages the year-end audits, providing external auditors with the necessary documentation and support.
8. Continuous Improvement of Accounting Systems, Policies, and Procedures
Provides input into the design and implementation, as well as ensures effective communication of new company policies and procedures to site locations and the accounting function, while reviewing existing policies and procedures to estimate their effectiveness and recommend revisions to ensure continuous improvement effort.
9. Management and Development of Staff
Is directly responsible for hiring, on-the-job training, managing, and coaching of Property Accounting staff.
Any other job-related duties and/or projects that may be assigned.
Required Skills and Abilities:
Education and Experience:
Predictive Index:
As part of the hiring process at Equiton, we ask that candidates complete two assessments. Please set aside 5-10 uninterrupted minutes for completion of the Predictive Index Behavioral Assessment, although you have unlimited time to complete the assessment once it is started. This assessment does not measure intelligence, education, or experience. It simply measures work and communication needs. Please click here to complete.
Once you have completed the Behavioral Assessment you will receive an email with instructions to complete a second assessment, The Predictive Index Cognitive Assessment. The email will be coming from the address noreply@mailer.predictiveindex.com and may be redirected to your junk mailbox. This is a timed assessment that includes verbal, numerical, and abstract reasoning questions. Please set aside 12 uninterrupted minutes for completion. The assessment does not measure intelligence, education, or experience. It simply measures a person's capacity to learn, adapt, and grasp new concepts.
Our Commitment to Diversity, Equity, and Inclusion:
In addition to being dedicated to building a workforce that leverages diverse talent, we are committed to fostering an inclusive and accessible experience where all employees feel valued, respected, and supported. We are an equal opportunity employer that values a culture that reflects and celebrates the diversity of thought, background, and experience. If you require accommodation for any part of the recruitment process (including alternate formats of materials, accessible meeting rooms, etc.), please let us know, so that we will work with you to meet your needs.
We thank you for applying, however, only those selected to continue will be contacted.
Our Core Values:
AboutEquiton:
Founded in 2015, Equiton is a recognized leader in private equity investments with 1 billion CAD in Assets Under Management (AUM). Our exponential growth is a direct outcome of our leadership team understanding how the industry works and how to create long-term wealth through real estate investing. We have discovered that finding the right opportunities involves time, experience, and discipline. Our strategy is always forward-looking, anticipating trends and adapting our selection to strengthen our market position, capitalizing on value creation opportunities, and building the most robust portfolio possible for our investors. We attract exceptionally talented people and create an atmosphere that rewards initiative, independent thinking, and integrity.
AboutthePosition:
We are looking for a self-directed and experienced Controller who is an expert in leading, planning, and coordinating all accounting functions for our Income Producing Properties. You will be responsible for driving and overseeing accounting operations, offering recommendations for improvements, and implementing new processes and procedures. The Controller, IPP reports to the VP, Finance- IPP, and delivers precise information under strict deadlines. The ideal candidate for the Controller, IPP position is collaborative, attentive to detail, with strong problem solving and time management skills.
Key Functions and Responsibilities:
1. General Accounting
Oversees, reviews, and approves the timely and accurate gathering, inputting, and reporting of property financial activities, performance, and resources, for a given portfolio to meet company and regulatory reporting requirements and provide information for decision making.
2. Strategic Planning
Acts as an expert resource for their respective functional or site/office teams, providing input on complex technical and real estate issues for clients and staff, to better expedite projects and help influence strategic decision-making.
3. Relationships with Internal Stakeholders
Develops collaborative relationships with various internal functions to ensure effective communication flow: information is shared and used in a timely manner to allow for a more efficient accounting process and business decision-making.
4. Accounting Conversion for New Properties
Oversees the setup of new accounts for newly acquired or existing properties and property dispositions and follows up on outstanding property accounting issues to resolve any long-standing issues.
5. Budgeting
Ensures the accounting component of the annual budgeting process for all properties is accurate, value-adding, and is completed within the required timelines.
6. Forecasting & Reporting
Coordinates and directs the preparation of operational forecasts, administers and reviews all financial plans (Budgets and Forecasts) and compares them to actual results with a view to identify, explain, and correct variances as appropriate.
7. Year-End and Audits
Plans and manages the year-end audits, providing external auditors with the necessary documentation and support.
8. Continuous Improvement of Accounting Systems, Policies, and Procedures
Provides input into the design and implementation, as well as ensures effective communication of new company policies and procedures to site locations and the accounting function, while reviewing existing policies and procedures to estimate their effectiveness and recommend revisions to ensure continuous improvement effort.
9. Management and Development of Staff
Is directly responsible for hiring, on-the-job training, managing, and coaching of Property Accounting staff.
Any other job-related duties and/or projects that may be assigned.
Required Skills and Abilities:
- Should demonstrate knowledge of International Financial Reporting Standards (IFRS),
- Accounting Standards for Private Enterprises (ASPE) and CAD Generally Accepted Accounting Principles (GAAP)
- Previous progressive experience in property accounting and the real estate industry
- Desire and ability to take full ownership of projects and produce high-quality work
- Highly developed interpersonal skills with a "hands-on" approach to managing the accounting function
- Excellent written communication and presentation skills
- Mastery of Microsoft Office Suite and project management tools in addition to
- Working experience with an ERP system, ideally Yardi
- Previous experience leading high-performance teams
Education and Experience:
- A minimum of 5 years leading high-performance teams within the Property Management field
- Bachelor's degree in a related field (Business Administration, Commerce, Finance & Accounting)
- Must have an accounting certification (CPA).
Predictive Index:
As part of the hiring process at Equiton, we ask that candidates complete two assessments. Please set aside 5-10 uninterrupted minutes for completion of the Predictive Index Behavioral Assessment, although you have unlimited time to complete the assessment once it is started. This assessment does not measure intelligence, education, or experience. It simply measures work and communication needs. Please click here to complete.
Once you have completed the Behavioral Assessment you will receive an email with instructions to complete a second assessment, The Predictive Index Cognitive Assessment. The email will be coming from the address noreply@mailer.predictiveindex.com and may be redirected to your junk mailbox. This is a timed assessment that includes verbal, numerical, and abstract reasoning questions. Please set aside 12 uninterrupted minutes for completion. The assessment does not measure intelligence, education, or experience. It simply measures a person's capacity to learn, adapt, and grasp new concepts.
Our Commitment to Diversity, Equity, and Inclusion:
In addition to being dedicated to building a workforce that leverages diverse talent, we are committed to fostering an inclusive and accessible experience where all employees feel valued, respected, and supported. We are an equal opportunity employer that values a culture that reflects and celebrates the diversity of thought, background, and experience. If you require accommodation for any part of the recruitment process (including alternate formats of materials, accessible meeting rooms, etc.), please let us know, so that we will work with you to meet your needs.
We thank you for applying, however, only those selected to continue will be contacted.
Our Core Values:
- Integrity: Rigorous adherence to a set of moral and ethical standards focused on respect, honesty, and fairness.
- Accountability: Individual responsibility for delivering on our commitments and being accountable for our decisions, actions, and results.
- Expertise: Offering the highest level of professional expertise, quality service, and knowledgeable insights.
- Customer Focused: We recognize our customers are the reason for our success and know by putting their needs first, we foster trusting long-term relationships.
- Entrepreneurial Spirit: Focusing on a growth mindset, continuous improvement, embracing change, and recognizing goals are achieved through dedication and hard work.