The Company
Hungerford Properties is a real estate investment, management, and development company with millions of square feet of commercial, industrial, office, retail, and residential properties in Canada. Our mission is to create value for investors, help businesses grow, and build better neighborhoods for all.
Today, Hungerford Properties is a vertically integrated, cross-functional organization with in-house teams dedicated to Development, Property Operations, Investments, Asset Management, Finance & Accounting, Sales & Marketing, and Administration, & HR.
Hungerford Properties brings sophisticated investment tools to the Canadian market and builds award-winning developments. For more than four decades, we have followed a simple strategy: buy well and add value through proactively investing, developing, and managing commercial and residential projects. The company is a collaborative and vertically integrated organization with in-depth knowledge, experience, and resources across the real estate spectrum. Our people are our most important asset, so we strive to create something unique, something special, and something that generates excitement for people who come into our organization.
To know more about Hungerford Properties, visit our website: https://hungerfordproperties.com/
Our Approach
We take pride in our approach to doing the work and we expect all our People to do so as well. We strive for an institutional quality operating platform, which includes process manuals, checklists, templates, and repeatable and efficient systems. We leave no stone unturned in the way we go about our work and we demand integrity in everything we do. We thrive working in a process-driven environment which gives our people the confidence to get the job done to the highest standard while minimizing risk. It is core to our operations.
Our Culture
Our company is driven by five Core Values: Ambition, Diligence, Creativity, Relationships, and Community. People joining our organization are completely aligned with these values. We target excellence and set high expectations for ourselves. Our values are integrated in our approach to the work and we strive for a culture of results, collaboration, people, and accountability.
Ambition - Seeing possibility, stretching goals to exceed expectations, and persisting with extraordinary effort when challenged.
Diligence - Taking action in one’s role to remove errors, avoid pitfalls and minimize risk to produce deliverables of the highest professional standard.
Creativity - Dedicating time and energy to creative problem solving, seeking alternative and better approaches to get to the most effective, elegantly simple solutions.
Relationships – Building team with collaborative internal relationships in order to provide extraordinary service to our external relationships.
Community – Taking action to deliver lasting, meaningful impact on others’ lives, and the lives of their families – whether coworkers, business stakeholders or the larger community.
Our Opportunities
We are merit-based; if a person has earned trust by doing a great job, there is the opportunity to take on greater responsibility. We are also about impact, not age or experience, so Hungerford Properties is a place where people can grow a career if motivated, ambitious and diligent. Ultimately, this is an opportunity to become part of a team dedicated to success and excellence for those ready to step up. We are a company committed to developing long-term relationships with our stakeholders, and we are looking for People who are also looking for a long-term commitment in their careers.
The Candidate and Responsibilities
Applicants for this position will be self-motivated with a high degree of initiative and will possess strong interpersonal skills, be attentive to detail, and able to build trusting relationships. The candidate will work in a team setting and will report directly to the Senior Director of Finance and work in conjunction with all other departments in the company.
The Accounting Manager will be responsible for overseeing and managing the full accounting cycle for a portfolio of both income producing properties and properties under development. The main responsibilities of this role include:
Leadership:
Is a Corporate Culture champion by supporting and setting the tone of company culture
Provide input on annual business planning activities for the accounting team
Support the implementation of new processes, technology, tools that will enable operating efficiency for the team
Ensure a high level of engagement of their team behind initiatives.
Coordinate resource allocation decisions (role, responsibilities, capacity, organization, prioritization) for the accounting team
Attract and select diverse and talents for the department and the company
Mentorship, People Performance and Career Development for direct report(s)
Monthly Accountabilities:
Produce and review monthly financial statements and supplementary reporting as required including monitoring accounts receivable and accounts payable
Ensure we are appropriately reporting under the relevant financial reporting framework
Prepare quarterly consolidation for a portfolio of assets
Ensure all GST and other legislated taxes and assessments are reconciled and remitted
Monitor cash positions, and review bank reconciliations and support property level cash forecasting
Review monthly construction progress claim and development draw requests
Prepare quarterly internal and external management reporting packages
Ensure all tenant administration duties are processed per documentation as required
Provide financial and analytical assistance to internal parties
Annual Accountabilities:
Complete and review year end operating cost adjustments and tenant billings for assigned properties
Manage the annual budgeting process for the company, while being responsible for completing property budgets for assigned assets.
Assist in the preparation of supporting working papers and manage and coordinate the year-end audit process and tax filings
Other Accountabilities:
Efficient and effective communication, in a professional manner, with all HP employees
Property sale and disposition lead, including the preparation of statement of adjustments, final operating statements, fund distribution, GST reconciliation, closing of bank accounts, and any other relevant closing duties
Full understanding of all property specific processes and upkeep of pertinent information relating to specific properties
Input / feedback for improving procedures and initiating quality and efficiency enhancements
The Candidate will also be someone who is completely aligned with the Core Values of Hungerford Properties.
Competencies, Qualifications, and Required Experience:
Canadian Chartered Professional Accountant (CPA)
Minimum 5 years Real Estate accounting experience
Strong technical knowledge of accounting and financial reporting standard
Strong computer skills including Word and Excel; knowledge of Yardi Voyager
Experience and knowledge of income producing property accounting and development accounting (preferred)
Skills/Attributes:
Self-motivated and possesses a high level of professionalism
Strong verbal and written communication skills with the ability to work effectively in an individual setting
Excellent work ethic and attention to detail
Our Work Environment
With every amenity downtown has to offer within a 5 - 10-minutes walk, the seawall at your fingertips, and a state-of-the-art fitness facility in the building, our office is situated in one of the most livable cities in the world, Vancouver - Canada. If you are looking for a perfect blend of stunning natural beauty, diverse cultural experiences, and the hustle and bustle of big city life, Metro Vancouver has it all, and Hungerford Properties is located in the heart of the action.
You will enjoy our frequent team celebrations organized throughout the year with various themes such as sport, wellness, cultural activities, team buildings session, and community involvement.
Our Compensation & Benefits Philosophy
Our compensation package includes a competitive base salary, bonus, and potential LTI program. The typical hiring range for this position is $115,000 - $130,000 per year. The actual offered salary may vary and will depend on individual experience, qualifications, and market condidtions for the role. We are also pleased to offer the following benefits:
Hybrid Workplace Environment offers flexibility to work from home and the office
12 weeks parental leave top-up for biological and adoptive mothers and fathers
Flexible and part-time work options to prioritize things like family time
Paid Vacation time (minimum of 3 weeks annually)
Paid Education Days to pursue learning and development goals
Paid Bereavement Days
Learning & Development policy to support course fees
Company-wide Holiday Break in December
Health Coverage including fully paid medical, dental, and vision care
Health Spending Account to provide even more health coverage options
Monthly Transportation Allowance to facilitate commuting
HWay to Wellness Health & Wellness Programming
Paid Volunteer Time to support our communities
Our Hiring Process
Joining a new organization is an important decision. We want to ensure our working relationship is mutually beneficial. We take our hiring process very seriously and want to provide you ample opportunities to understand our culture, our approach, our goals, and people.
Our hiring process consists of different rounds of discussions, typically one with your hiring manager, a second one with your peers, and a final round with an executive member of Hungerford Properties. Our hiring process may include a business case assessment and psychometric testing.
To Apply
Hungerford Properties is an Equal Opportunity Employer and takes pride in a diverse environment. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, color, religion, gender, sexual orientation, national origin, age, marital or veteran status, medical condition or disability, or any other legally protected status.
Hungerford Properties will provide reasonable accommodations for persons with disabilities in a manner that is respectful of each person’s dignity up to the point of undue hardship. If you need accommodations during the hiring process, please contact the HR Department.
We sincerely thank all applicants in advance.
