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Corporate Accountant, Financial Reporting

Who We Are

RioCan is one of Canada's largest Real Estate Investment Trusts (REIT). We own, manage and develop retail-focused, increasingly mixed-use properties in Canada's major markets. We pioneered the REIT concept over 30 years ago and have transformed Canadian real estate.

 

We are proud to be recognized as one of Canada's Greenest Employers and a Greater Toronto's Top Employer. At RioCan, you can build a career with real impact and longevity. You get the stability and resources of an established company and the entrepreneurial and collaborative spirit of a start-up. Life at RioCan is dynamic and fast-paced. We know that great ideas can come from anywhere, and we empower our people to suggest and implement them. We value different voices and perspectives and appreciate that the unique backgrounds and identities we each bring to our jobs make the whole business stronger. 


POSITION OVERVIEW:

This role is located at our Yonge Eglinton Centre location. Reporting to the Manager, Financial Reporting, the position is responsible for providing accounting support to the corporate Financial Reporting department.


RESPONSIBLITIES:
  • Assist with the compilation of quarterly and annual external consolidated financial statements and Management’s Discussion and Analysis report;
  • Complete primary review and roll-forward procedures of Workiva documents and workbooks for quarter end reporting;
  • Maintain Hyperion workbooks and upload Hyperion data to Workiva for quarter end reporting;
  • Prepare support working papers for quarter end disclosures;
  • Prepare internal quarterly financial analysis presentation;
  • Review subsidiary financial statements and notes, and provide variance analysis;
  • Complete ad-hoc requests for tenant financial reviews for assessing credit worthiness;
  • Support in the coordination of external auditor requests;
  • Prepare variance analysis reports for the auditors;
  • Other duties / projects as assigned.


QUALIFICATIONS:
  • Chartered Professional Accountant designation (or equivalent) or in process of completing;
  • 2 – 3 years of public accounting experience preferably with real estate and/or financial services industry experience;
  • Public company practical experience, ideal but not mandatory;
  • Knowledge of current accounting practices and principles (IFRS);
  • Proficient in Word, Excel and Outlook;
  • Proven communication (written and verbal), interpersonal/teamwork and problem solving skills;
  • Skill in examining, developing and recommending accounting policies and in reengineering processes and procedures;
  • Proven mathematical and analytical skills;
  • Initiative and the ability to work independently and also as part of a team;
  • Experience with Hyperion, Yardi and Workiva is an asset.


Why join RioCan?


We believe in rewarding you for what you do and investing in your career and long-term success. Our total rewards and perquisites program is designed to fit and enrich your life physically, emotionally, financially, and socially. We offer eligible employees:

 

Work / Life Balance that prioritizes YOU. Enjoy a hybrid work model with flexible work hours, an extra-long weekend with our RioCan Cares Day, and half days before every long weekend in the summer.

 

Professional Growth and Development that includes a continuing education reimbursement, a mentorship and leadership development program, on-demand online learning, and cross-training opportunities.

 

An Extensive Health and Benefits Program that includes health and dental benefits for you and your family starting on day one, a healthcare spending account, an employee family and assistance program, virtual healthcare, and other resources.

 

A Comprehensive Retirement Program to help prepare our employees for the future. This includes matching employee contributions in a retirement savings plan, pension plan, and an employee unit purchase plan.

 

Additional Perks and Benefits that include paid time off, parental leave top-up, various employee discounts, employee referral and recognition programs, and opportunities to participate in community initiatives, committees, and social events throughout the year.

 

We are committed to creating a diverse and inclusive work environment where all employees are valued, included, and empowered to do their best work and bring great ideas. People are at the core of who we are, and we respect that they have taken all paths to get here. RioCan welcomes applications from all candidates and is committed to providing accommodations for people with disabilities. If you require accommodation at any stage of the application process, please let us know, and we will be happy to work with you to meet your needs.


You can visit us at www.riocan.com and follow us on LinkedIn to learn more about who we are and what a career at RioCan can look like for you.

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Average salary estimate

$70000 / YEARLY (est.)
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$60000K
$80000K

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What You Should Know About Corporate Accountant, Financial Reporting, RioCan

Are you ready to step into a fulfilling role as a Corporate Accountant for Financial Reporting at RioCan? This isn't just any position; it's a chance to be part of one of Canada's largest Real Estate Investment Trusts, where innovation meets stability. At RioCan, we pride ourselves on our dynamic work environment, headquartered at the bustling Yonge Eglinton Centre in Toronto, ON. You will be working alongside a team that values fresh ideas and diverse perspectives, fostering collaborative efforts to drive exceptional results in the financial reporting department. Your responsibilities will include compiling and reviewing external financial statements, managing Hyperion workbooks, and preparing insightful variance analysis reports. The position offers an incredible opportunity to develop your skills in real estate accounting practices while being involved in the exciting transformation of Canadian real estate. We seek someone with a Chartered Professional Accountant designation or someone in the process of obtaining it, alongside 2-3 years of public accounting experience, preferably in financial services or real estate. If you're proactive, enjoy problem-solving, and are ready to make your mark in a supportive and inclusive environment, RioCan could be the perfect place for you. Join us in shaping the future of real estate and enjoy a work-life balance that truly prioritizes you. Plus, with a robust benefits package and a commitment to your professional growth, working at RioCan means building a career that makes a real impact. Come grow with us and discover the rewarding opportunities waiting at RioCan!

Frequently Asked Questions (FAQs) for Corporate Accountant, Financial Reporting Role at RioCan
What are the responsibilities of a Corporate Accountant at RioCan?

As a Corporate Accountant focused on Financial Reporting at RioCan, your primary responsibilities will revolve around providing vital accounting support. This includes assisting in the compilation of quarterly and annual consolidated financial statements, preparing variance analysis reports, and conducting primary reviews of Workiva documents. You'll also maintain Hyperion workbooks and prepare internal financial presentations, ensuring that the financial reporting department runs smoothly and efficiently.

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What qualifications are needed for the Corporate Accountant position at RioCan?

To qualify for the Corporate Accountant position at RioCan, candidates should have a Chartered Professional Accountant designation or be in the process of completing it. Additionally, 2-3 years of public accounting experience, preferably in the real estate or financial services sector, is crucial. Familiarity with current accounting practices such as IFRS, along with proficiency in software like Hyperion, Yardi, and Workiva, would set candidates apart.

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What does the work environment look like for a Corporate Accountant at RioCan?

At RioCan, the work environment is fast-paced, dynamic, and collaborative. As a Corporate Accountant, you will be part of a team that not only values your ideas but encourages you to take initiative and collaborate with diverse colleagues. The company promotes a culture of respect and inclusion, allowing each employee to thrive and contribute uniquely to the company’s overall success.

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Is there a work-life balance for Corporate Accountants at RioCan?

Absolutely! RioCan strongly prioritizes work-life balance for its employees. As a Corporate Accountant, you can enjoy a hybrid work model with flexible work hours and additional perks such as RioCan Cares Day and half days off before long weekends, ensuring that you have ample time to recharge and focus on your personal life outside of work.

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What benefits do Corporate Accountants receive at RioCan?

Corporate Accountants at RioCan are offered a comprehensive total rewards program. This includes health and dental benefits starting on day one, a healthcare spending account, a robust retirement plan with matching contributions, and numerous additional perks including paid time off, parental leave top-up, and opportunities for professional development through education reimbursement and mentorship programs.

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Common Interview Questions for Corporate Accountant, Financial Reporting
Can you explain your experience with preparing financial statements?

When preparing financial statements, it's important to highlight your hands-on experience with compiling and reviewing quarterly and annual reports. Discuss the tools you've used, such as Workiva and Hyperion, and elaborate on your involvement in variance analysis. Be specific about your role, the challenges you faced, and how you ensured accuracy and compliance with IFRS.

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How do you approach variance analysis in financial reporting?

When responding to this question, focus on your analytical skills by detailing your process for conducting variance analysis. Mention the types of variances you typically analyze, how you gather data, the software you use (like Excel or Hyperion), and how you communicate findings to relevant stakeholders. This demonstrates your attention to detail and your ability to provide actionable insights.

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Describe your experience with audit coordination.

In answering this question, provide examples of your experience dealing with external auditors. Discuss your role in preparing documents, responding to requests, and ensuring that all needed information is readily accessible. Highlight specific instances where you aided in the smooth flow of the auditing process, showcasing your organizational and communication skills.

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How do you stay updated on changes in accounting standards?

Show your commitment to professional growth by discussing how you keep up with changing accounting standards, such as IFRS. You might mention attending workshops, webinars, or actively participating in professional organizations. This demonstrates not only your proactive attitude but also your dedication to maintaining accounting expertise.

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What role does collaboration play in your work as an Accountant?

Express your belief in the importance of teamwork by citing specific instances where you collaborated on financial reporting tasks. Highlight how working closely with colleagues enhances accuracy, speeds up processes, and ultimately leads to improved financial outcomes. It's a valuable trait in a Corporate Accountant, especially in a company focused on collaboration like RioCan.

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Can you give an example of a time you identified an error in a financial statement?

To impress the interviewer, share a specific instance where your keen eye for detail helped you catch an error. Describe the nature of the mistake, the impact it could have had, and how you addressed it. This showcases your analytical skills and integrity in financial reporting.

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What accounting software are you most comfortable with?

Discuss your proficiency with relevant accounting software, like Hyperion, Yardi, or Workiva, and give examples of how you've used these tools. Explain any advanced functionalities you are familiar with and how they assist your work in improving efficiency and accuracy in financial reporting.

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How do you prioritize your tasks during month-end closing?

In your response, outline your structured approach to prioritizing tasks during the month-end closing, emphasizing your organizational skills and ability to meet deadlines. Share specific steps you take, such as completing reconciliations first, preparing major reports early, and regularly communicating with your team to ensure that everyone is aligned.

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What methods do you use to ensure accuracy in your reports?

Communicate your thorough processes and steps for ensuring the accuracy of financial reports, such as utilizing checklists, conducting peer reviews, and employing reconciliations. Discuss how you create a culture of accuracy in your work and how you stay committed to double-checking significant figures before final submission.

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What is your experience with financial forecasting?

Describe your understanding and involvement in financial forecasting, touching upon key methodologies you’ve used. Discuss how you integrate historical data with current trends to derive forecasts and, if applicable, mention collaborative efforts with other departments to ensure that forecasts are aligned with organizational goals.

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RioCan has a can-do attitude about property investment. One of Canada's largest retail landlords, the real estate investment trust (REIT) manages approximately 250 retail and office properties totaling more than 50 million sq. ft. of leasable spac...

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Full-time, hybrid
DATE POSTED
March 7, 2025

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