Director Of Financial Reporting
EMETemployment View all jobs
- North York, ON
- $130,000-150,000 per year
- Permanent
- Full-time
Job Order ID: 8691
Employment Type: Yearly Salary
Salary: $130000-150000/Yr
Web Publication Date: 3/30/2026
Number of Positions: 1
Job Location: North York
Brief Description:Our employer is a real estate development company with projects at various stages from pre-construction to stabilized assets. They are active in condo development, rental properties, and asset management. They are seeking an experienced Director of Financial Reporting to lead financial reporting and technical accounting for their real estate development and asset management portfolio. This senior role requires strong IFRS expertise, multi-entity consolidation experience, and the ability to partner with operations, development, and leadership to deliver timely, accurate reporting and decision-useful insights.Job Function:Financial Reporting & Compliance
- Oversee the preparation and delivery of consolidated financial statements in accordance with IFRS.
- Ensure timely and accurate monthly, quarterly, and annual reporting across entities and projects.
- Lead application of relevant IFRS standards (e.g., IFRS 15, IFRS 16, IAS 2, IAS 40) and maintain accounting policies.
- Manage external audits and act as primary liaison with auditors and advisors; coordinate deliverables and timelines.
- Ensure compliance with statutory reporting requirements and applicable regulatory filings.
- Lead the consolidation process across multiple entities, joint ventures, and special purpose vehicles, including intercompany eliminations.
- Provide technical accounting leadership on complex transactions (acquisitions/dispositions, JV formations, restructurings).
- Assess appropriate classification and accounting treatment for development projects (inventory vs. investment property vs. owner-occupied).
- Oversee revenue recognition for pre-sale condos, rental income, and property/asset management fees, as applicable.
- Support equity method accounting and related disclosures for investments and joint ventures.
- Develop and maintain policies for development cost accounting, including capitalization of borrowing costs, allocation of overhead, and treatment of property taxes.
- Oversee accounting considerations for construction contracts, holdbacks, and completion guarantees, where applicable.
- Drive continuous improvement in reporting processes, controls, and documentation; implement standardized templates and KPIs.
- Implement and maintain robust internal controls over financial reporting.
- Mentor and develop the financial reporting team.
- Lead the evaluation, upgrade, and implementation of the accounting system/ERP and related reporting or consolidation tools, including requirements definition, vendor selection support, process redesign, data migration planning, testing, and change management.
- Provide financial insights to senior management on development performance, asset valuations, and portfolio composition.
- Support financing and deal structuring discussions in partnership with development, asset management, and treasury teams.
- Prepare investor and stakeholder reporting packages and presentation materials.
Job Requirement:Required Qualifications
- Bachelor's degree in Accounting, Finance, or related field; CPA designation required.
- Experience managing external audits and working with multiple stakeholders.
- Proficiency with accounting systems and advanced Excel; experience with reporting/consolidation.
- Ability to explain and account for complex accounting matters.
- Big Four public accounting experience with real estate clients.
- Familiarity with real estate financing structures and fair value measurements for investment properties.
- Experience with internal control frameworks is an asset.