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Current Opportunities

Director, Financial Reporting | Maclab Properties Group

The Organization

Maclab Properties Group (“Maclab”) and related entities own and manage a significant rental property portfolio consisting of residential multi-family, commercial and retail assets.  The properties are located in Edmonton, Calgary, Medicine Hat, Vancouver, Yellowknife, and in various locations in the Western United States.

Maclab’s rental property holdings are managed by an affiliate entity, Second Street Fund, Inc. operating as “Midwest Property Management”. Midwest is an industry leader – earned by following its mission of ensuring the long-term viability of their properties and providing the highest value and quality in rental accommodation and customer service.  This translates into a better living experience for residents and ensures that Midwest fulfills its purpose of creating an environment “Where Community Lives”. Midwest also provides third-party property management services for a portfolio of assets owned by their founding partner.

Maclab and its associated companies also invest in a variety of real estate and non-real estate projects world-wide. The company owns a hotel currently managed by Coast Hotels & Resorts with regular oversight by Maclab management.  The corporate division provides accounting, taxation and corporate financial reporting functions to support the interests of the controlling shareholder and their related companies.

As an experienced, stable, and diversified company with considerable respect in the community, Maclab plans to continue to pursue acquisition and development opportunities primarily in the Western U.S.A, with some growth expected in Western Canada.

For further information about Maclab Properties Group, please visit their website at https://www.maclab.com.

 

The Opportunity

Reports to:Senior Vice President, Finance; Maclab Properties Group
Direct Reports:5: Treasury Accountant, Senior Corporate Accountant, Corporate Accountant (x2) and Accounting Assistant
LocationEdmonton, AB

 

Mandate

As Maclab Properties Group enters a new phase of its international growth, the Director, Financial Reporting will be joining the company at a pivotal time and will play a key role in establishing best practices with respect to all corporate reporting. Based in Edmonton and reporting to the Senior Vice President, Finance, the Director, Financial Reporting will be a key member of the finance team.  The successful candidate will provide leadership and be responsible for all aspects of the financial and budget reporting for Maclab Properties Group.

The Director, Financial Reporting will support and assist with the implementation, maintenance and review of internal controls, corporate policies and procedures. This role will also collaborate and coordinate on a regular basis with Maclab’s Director, Tax and the Controller at Midwest Property Management.

 

Key Accountabilities

The position will include the following responsibilities:

Accounting/Finance Leadership:

  • Prepares and submits accurate monthly and quarterly financial statements including year ended audited financial statements with notes to the financial statements;
  • Ensures compliance with both ASPE and US GAAP;
  • Coordinates, directs, plans and executes the financial reporting component of the external audit;
  • Leads all financial research efforts to ensure MPG is apprised of and reporting on current disclosure standards issued by ASPE and US GAAP;
  • Prepares memorandums regarding Maclab’s position and impact on the company;
  • Writes, implements, and ensures effective and practical implementation of corporate policies;
  • Prepares budget and regular forecasting including cash flow planning and reporting;
  • Liaises with other members of the finance department, Midwest Property Management accounting, legal counsel, and external independent auditors (including CRA auditors);
  • Assists the Director, Tax as required with various CRA inquiries and audits; and
  • Assists with various projects as assigned by the Senior Vice President, Finance.

 

People Leadership:

  • Provides collaborative, supportive leadership to the accounting team with a focus on promoting personal and professional growth and development;
  • Builds strong, collaborative relationships throughout the organization;
  • Demonstrates commitment to continuous improvement and supporting achievement of corporate goals; and
  • Supervises and conducts performance appraisals, discipline staff, motivate staff to perform tasks on time, etc.

 

Attractions

  • Maclab is an established company with a track record of 60 years of exceptional business performance and growth;
  • Maclab is a community leader invested and committed to their values and in supporting the development of prosperous communities; and
  • Maclab is dynamic and at a pivotal point as they lay the foundations for the next 60 years of the company. The successful candidate will have the opportunity of working cross border and internationally.

 

First Year Deliverables / Measures of Success

Success in the first year will be determined by the candidate’s ability to:

  • Develop a comprehensive understanding of the organization and its financial systems;
  • Build exceptional, collaborative relationships across the organization and with third party partners;
  • Provide supportive leadership demonstrating high integrity to their accounting team;
  • Ensure the seamless day to day operations and delivery of accurate, comprehensive and timely reporting;
  • Lead the delivery of a successful year-end and audit process;
  • Complete the automation of various management reports by leveraging existing ERP systems and other tools available; and
  • Introduce new processes and systems to enhance existing business policies and procedures (i.e. automation of expenses report).

 

Candidate Profile

The successful candidate will have the following:

Education:

  • A Bachelor’s Degree, in Accounting, Finance or Business Administration supplemented with a professional accounting designation (CPA).

 

Experience:

  • A minimum 5 years relevant financial experience and a minimum of 2 years’ experience in a leadership role;
  • Must possess a strong understanding of ASPE;
  • Understanding of US GAAP will be considered an asset, including willingness to learn and be proficient in it;
  • Proficiency with Microsoft Excel and computer accounting software;
  • Familiarity with MicroSoft Dynamics, CaseWare, Jet Reports, and TaxPrep;
  • Experience in tax reviews is an asset; and
  • Previous experience within in the real estate industry considered an asset.

  

Competencies and Attributes:

  • Analytical: Approaches issues in a systematic manner, leveraging insights and opportunities from data and metrics to enhance processes and build strategies.
  • Change Management: Ability to gain buy in from team. Performs under pressure and stress; adjusts plans to meet changing needs and requirements.
  • Detailed: Ability to accomplish and complete tasks while demonstrating concern for all parties involved. Monitors and checks work and information demonstrating excellent organization and time management skills. Ensures team output demonstrates integrity and professionalism.
  • Innovative: Drives projects forward, keeping up to date with trends. Brings a creative approach to solving problems and out of the box-thinking while, reaching well-reasoned conclusions on technical accounting issues.
  • Leadership: Ability to organize, plan and execute projects from conception through implementation across multiple internal and external reporting and organizational lines.
  • Multitask: Effective at managing time and prioritizes diverse tasks.
  • Project Management: Delivers excellence and creates a culture of accountability with respect to project delivery. Proactively analyzes project status, communicates project milestones and mitigates organizational risk. Brings leadership and clear lines of accountability to the project by providing vision, motivation, coaching and removing roadblocks while inspiring the team to do their best work.
  • Strategic Leadership: Thinks and leads with an emphasis on relationship management and communication at all levels within an organization. Facilitates and coordinates multiple deadlines, creates cohesive teams, and responds quickly to management requests.

 

Equal Opportunity

Maclab Properties Group is committed to equity, diversity and inclusion and recognizes that a diverse team benefits and enriches our work and is essential to operational excellence. We welcome applications from all qualified individuals and encourage women, members of racialized communities, Indigenous persons, persons with disabilities, and persons of any sexual orientation or gender identity to confidentially self-identify at time of application. In accordance with provincial legislation, accommodation will be provided by Gallagher and Maclab Properties Group throughout the recruitment, selection and/or assessment process, upon request, to applicants with disabilities. All qualified candidates are encouraged to apply.


How to Apply:

Please send your resume in Word or PDF format to: es_edmonton@optimumtalent.com. Copy and Paste the following job title and code and place it in the subject line of your email so we can identify the job and confirm receipt of your application:
AHWI-723578 Director, Financial Reporting | Maclab Properties Group - AB - Edmonton and Area (OTIAPPLY)

Please note that only those candidates meeting the selection criteria, established by our client, will be contacted further. Although we may not contact you directly for this particular role, all applications will be reviewed as we would like to consider you for future opportunities that may be appropriate. We encourage you to continue to visit our website at optimumtalent.com as our opportunities are updated on a regular basis.