Accounting Manager

We are one of Canada’s most forward-thinking real estate development, construction management and investment companies — a vertically integrated developer, builder and operator — with 4,000+ units in the pipeline, $3 billion in built value taking shape across the GTA and $1 billion+ in completed residential projects delivered.

Our vision is to be the world’s most customer-centric company, pioneering innovation that elevates how people live, work and connect. Our mission is to revolutionize the design and development of intelligent spaces, leveraging cutting-edge technology to build sustainable, attainable environments that delight our customers and maximize investor returns.

We believe everyone we hire is a leader, and every leader at Adi operates by our Leadership Principles! They define how we hire, how we lead and how we decide. We are obsessed with our customers and we insist on excellence in everything we do. We are never satisfied with the status quo, and we are on a quest towards perfection.

We hire and develop the best and give them ownership. We move with a bias towards action. We go see and dig deep to solve problems at the root. We debate, we disagree and we commit. We run lean. We think big and deliver big results. We invent and keep things simple. We earn and build trust. These aren’t posters on a wall.

They’re the operating standard for everyone here, including you.

Reporting to the Controller, the Accounting Manager runs the day-to-day accounting function across the corporate and project entities — the month-end and year-end close, accounts payable and receivable, project accounting and the monthly construction draw cycle, payroll, and the accounting team that produces them — and delivers the reporting, filings and audit support that depend on them. The role is hands-on: the Accounting Manager designs the process and operates it.

We are looking for a leader and a builder: someone excited about building this function, not simply maintaining it.

This is a working manager’s role. In the accountabilities below: prepare means you do the work yourself; review means your team prepares it and you are accountable for it being right before it leaves the department; approve means you are the sign-off in the workflow; own means you are accountable for the outcome, whoever does the work. Expect more than half your week in preparation.

• Lead and develop the accounting team — the senior accountant and associate accountants on the corporate entities, the associate project accountants on the projects, accounts payable and payroll — and set objectives aligned to the department’s strategy plan.
• Maintain a written development plan for every team member and review progress quarterly.
• Train the team on systems and standards so the function does not depend on any one individual.

• Run the month-end and year-end close for all corporate and project entities against the published close calendar: prepare the judgment entries yourself and review every entry and reconciliation your team prepares before the books close.
• Prepare the monthly and annual financial statements for first-pass issuance.
• Prepare the accounting for joint arrangements and investments in related entities under the accounting policies set by the Controller.
• Review intercompany billings and settlements across all entities; every intercompany balance agreed monthly.
• Prepare the lender, investor and partner reporting packages to the reporting calendar for the Controller’s review and issuance.
• Own the balance sheet: your team prepares the reconciliations, you review every one monthly, and every reconciling item is cleared within the period.