City : Toronto

Category : Full time, Finance

Industry : Retail Goods

Employer : Canadian Tire

What you'll do

Reporting to the Supervisor, Property Accounting, you will work closely with Real Estate Financial Planning and Analysis, Property Management (Operations), Construction/Development teams, and Lease Administration to provide timely & accurate management reporting and analytical support for the REIT. In addition to core property accounting responsibilities, this role will support select financial analysis and internal reporting activities, including financial modeling, and intercompany processes. You will also be involved in continual process improvements and will support business initiatives as they evolve.

• Ensure all monthly financial and management reporting is accurate and delivered on a timely basis.

• Maintain and update monthly and annual general ledger account reconciliation working papers and follow-up to ensure items are cleared according to guidelines, procedures, and deadlines.

• Prepare, review and approve monthly, quarterly and annual journal entries and ensure a strong control environment.

• Coordinate with Lease Administration to ensure all lease setups and rent escalations are accurately reflected in the accounting system.

• Update recovery setup for tenants in accordance with their leases.

• Timely and accurate completion of CAM and tax tenant billing adjustments; working with Property Management (Operations) for preparation of tenant pre-bill notices and chargeback billings.

• Assist in internal and external audit requirements by providing working papers and ensure compliance to enterprise processes and policies.

• Preparation of property budgets and forecasts.

• Support the month-end close process by preparing and posting journal entries, including accruals, allocations, and reclassifications.

• Prepare detailed general ledger account reconciliations, including balance sheet and selected income statement accounts, with a focus on analytical review and issue resolution.

• Prepare and process intercompany invoices and intercompany accounting entries in coordination with internal stakeholders.

• Assist in the preparation, maintenance, and enhancement of accounting and financial models in Microsoft Excel to support reporting, budgeting, forecasting, and ad hoc analysis.

• Support internal management reporting by preparing schedules, dashboards, and analytical summaries for Finance and business partners.

• Assist or take a leadership role on special projects, transactions, or process improvement initiatives, including ERP-related activities and system enhancements.

• Identify opportunities to streamline accounting and reporting processes, improve data quality, and enhance analytical capabilities through automation and improved Excel models.

What you bring

• University degree in Accounting or a business related discipline

• Accounting designation (CPA) or designation in progress/pursuing designation

• Minimum 2 years of accounting experience required, candidate with exposure to commercial real estate is preferred.

• Excellent interpersonal and communication skills (both written and verbal)

• Strong analytical, decision making, and problem solving skills

• Ability to deliver excellent customer service with internal and external stakeholders

• Advanced working knowledge of Microsoft Excel and general ledger accounting systems

• Ability and willingness to learn and effectively use new technologies, including Microsoft Copilot, Power BI and emerging AI tools, to support accounting, analysis, and internal reporting

• Working knowledge of Yardi is considered an asset

This posting represents an existing vacancy within our organization.

About Us

CT REIT is an unincorporated, closed-end real estate investment trust formed to own income-producing commercial properties located primarily in Canada.  Its portfolio is comprised of over 370 properties totalling more than 31 million square feet of GLA, consisting primarily of net lease single-tenant retail properties located across Canada. Canadian Tire Corporation, Limited is CT REIT's most significant tenant. For more information, visit ctreit.com.

Our Commitment to Diversity, Inclusion and Belonging 

We are committed to fostering an environment where belonging thrives, and diversity, inclusion and equity are infused into everything we do. We believe in building an organizational culture where people are consistently treated with dignity while respecting individual religion, nationality, gender, race, age, perceived ability, spoken language, sexual orientation, and identification. We are united in our purpose of being here to help make life in Canada better.

Accommodations  

We stand firm in our Core Value that inclusion is a must. We welcome and encourage candidates from equity-seeking groups such as people who identify as racialized, Indigenous, 2SLGBTQIA+, women, people with disabilities, and beyond. Should you require any accommodation in applying for this role, or throughout the interview process, please make them known when contacted and we will work with you to help meet your needs.