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Vice President, Property Accounting

TorontoOn-siteFull-time

AI Summary

The Vice President, Property Accounting leads the national property accounting function for Allied’s urban workspace portfolio, overseeing financial reporting, team development, and cross-functional collaboration.

About this role

About Allied

Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Our work is grounded in a clear purpose: to provide knowledge-based organizations with distinctive urban environments that support creativity, connectivity and human wellness.

Our vision is more expansive. We seek to make a continuous contribution to cities and culture that elevates and inspires the humanity in all of us. This vision informs how we operate, how we design and how we lead.

Real estate, for us, is not a passive investment. It is a profoundly human endeavour, one that must promote wellness, sustainability, diversity and creativity—today and for generations to come.

Allied is also a place to build a career of consequence. If you are looking for work that is thoughtful, tangible and enduring—work that contributes meaningfully to cities and the people who inhabit them—you will find purpose here.

For more information on Allied’s approach to city-building, visit our Insights page.


Purpose

Lead the Property Accounting team responsible for Allied’s national portfolio of urban workspace. As Vice President, Property Accounting, you will provide strategic and operational leadership for the property accounting function while supporting accurate reporting, informed decision-making and strong financial performance across the portfolio.
Reporting to the Chief Financial Officer, you will collaborate closely with teams across Finance and Accounting, Leasing, Operations and Construction. This role is well suited to a collaborative and technically strong accounting leader who is passionate about developing people, strengthening processes and building high-performing teams.

Responsibilities

Leadership and Team Development

  • Lead, mentor and develop the Property Accounting team.

  • Foster a collaborative, accountable and high-performing team environment focused on continuous improvement and professional growth.

  • Ensure effective team structure, workload allocation and resourcing.

  • Identify opportunities to enhance processes and systems to support operational effectiveness.

Property Accounting and Financial Reporting

  • Oversee monthly and quarterly financial reporting processes, including month-end and quarter-end close activities.

  • Review and analyze key financial reporting and performance metrics, including base rent analysis, funds from operations (FFO), same asset net operating income (SANOI), net operating income (NOI), adjusted funds from operations (AFFO) and key balance sheet metrics.

  • Oversee the annual recovery reconciliation process, including audited statements, tenant reconciliations and related financial analysis.

  • Oversee the timely filing of HST, GST, QST and other government remittances, including support for sales tax audits and related matters for joint arrangements.

  • Review statements of adjustments and post-closing adjustments related to investments.

  • Liaise with internal and external auditors on controls, audit requests and audit findings.

Financial Planning and Cross-Functional Partnership

  • Support the FP&A team in the annual budgeting and quarterly reforecasting processes by providing property-level financial analysis, operational insight and accounting expertise.

  • Collaborate with FP&A, Leasing and Operations teams to support budgeting assumptions, financial analysis and reporting deliverables.

  • Review and provide input on key budget and reforecast metrics, including NOI, FFO, AFFO, SANOI and variance analysis.

  • Contribute to quarterly external reporting through financial analysis, commentary and operational insights.

  • Build strong working relationships across the organization to support informed decision-making, alignment and continuous improvement.

Qualifications

  • CPA designation required.

  • 10+ years of progressive experience in accounting and finance within commercial real estate or property accounting.

  • Strong technical accounting and financial reporting experience, including full-cycle accounting processes.

  • Experience leading and developing high-performing teams.

  • Experience supporting budgeting and reforecasting processes in partnership with FP&A and operational teams.

  • Strong interpersonal and relationship-building skills, with the ability to collaborate effectively across functions and levels of the organization.

  • Strong analytical, problem-solving and organizational skills, with a high level of attention to detail.

  • Experience with Yardi or similar property accounting systems is considered an asset.

Skills

AFFOCPAFFOGSTHSTNOIQSTSANOIYardi

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