Westcliff is seeking a highly motivated and experienced Supervisor for its corporate accounting team. Reporting to the Director of Corporate Accounting, the Supervisor of Corporate accounting will be a key member of the finance team, responsible for managing cash management, investments, risk management, the accounting of its main management company, and the preparation of year-end financial statements and tax returns for the entire group of holding companies. This role requires a strong understanding of Canadian accounting principles (ASPE), tax regulations, and a proven ability to manage complex financial operations within a private company environment.
Key Responsibilities in collaboration with the Manager of Corporate Accounting and VP Finance:
- Cash Management and Investments:
- Develop, implement, and maintain cash management policies and procedures.
- Monitor cash positions, issue monthly cash flow reports and ensure adequate liquidity for operational needs and investment activities.
- Manage the accounting and reporting of the company's investment portfolio, ensuring accurate record-keeping and reporting.
- Monitor investment performance and provide analysis to senior management.
- Ensure compliance with relevant investment policies and regulations.
- Risk Management:
- Work with operations to assist in the identification and assessment of financial and operational risks.
- Implement and monitor internal controls to mitigate identified risks.
- Coordinate with insurance providers and manage the company's insurance programs.
- Management Company Accounting:
- Oversee the day-to-day accounting operations of the main management company, including accounts payable, accounts receivable, general ledger, and payroll.
- Ensure the timely and accurate preparation of monthly, quarterly, and annual financial statements for the management company.
- Develop and maintain accounting policies and procedures specific to the management company.
- Year-End Financial Statements and Tax Returns (Holding Companies) and Management Company:
- Manage the year-end close process for all holding and management companies within the group.
- Prepare or oversee the preparation of financial statements in accordance with applicable accounting standards (ASPE).
- Coordinate with external auditors to ensure a smooth and efficient audit process.
- Manage the preparation and filing of all corporate tax returns for the holding companies, ensuring compliance with Canadian, Quebec and other Provincial tax legislation.
- Assist and manage government tax audits in collaboration with the Manager of Corporate Accounting and VP Finance.
- Stay up to date on changes in accounting standards and tax laws.
- Team Leadership and Development:
- Manage and mentor accounting staff, fostering a organic growth and a collaborative and high-performing team environment.
- Delegate tasks effectively and provide guidance and support to team members.
- Process Improvement and Systems:
- Identify opportunities to improve accounting processes and enhance efficiency.
- Participate in the implementation and maintenance of Yardi and other financial systems.
- Reporting and Analysis:
- Prepare timely and accurate financial reports for senior management and shareholders.
- Provide insightful financial analysis to support decision-making.
- Respond to ad-hoc requests for financial information
Education and experience
- Bachelor’s degree in accounting or finance.
- Professional accounting designation CPA, CA is required.
- Minimum of 5 years of accounting experience with at least 3 years in a senior accounting role, preferably within the real estate industry.
- Strong knowledge of Canadian accounting principles (ASPE) and Canadian tax regulations.
- Experience in cash management and investment accounting.
- Solid understanding of corporate tax compliance and reporting.
- Experience managing year-end audits and tax filings.
- Work experience in a
- Proficiency in Yardi, Write-up, CaseWare and strong Microsoft Office Suite (especially Excel).
- Excellent analytical, problem-solving, and organizational skills.
- Strong communication and interpersonal skills, with the ability to interact effectively with all levels of the organization and external stakeholders.
- Ability to work independently and as part of a team in a fast-paced environment.
- Languages spoken and written : French and English.