PROPERTY ACCOUNTANT

We are seeking a Property Accountant to join our dynamic Property Accounting team located in Downtown Toronto.

REQUIREMENTS:

· Minimum 1-3 years of property accounting experience within the commercial real estate industry, ideally experience working on behalf of a 3rd party manager with a variety of owners and/or joint ventures
· Accounting designation (CPA) and/or bachelor’s degree in Accounting/Mathematics is preferred
· Strong understanding of accounting standards (ASPE / IFRS) and internal controls
· Must have a positive “can do” attitude with a proven track record for meeting/exceeding deadlines and producing accurate work
· Well-developed ability to build solid, respectful, and collaborative relationships and establish rapport and credibility within the organization as well as with external partners and service-providers
· Ability to work independently but also as part of a team
· Ability to manage multiple priorities in a fast-paced environment, and meet deadlines under pressure
· Strong organizational and planning skills, ability to prioritize work and concurrently manage multiple tasks, projects, and deadlines with attention to detail, timelines and budgets
· Excellent working knowledge of Excel and computerized accounting systems
· Experience in and knowledge of Yardi an asset
· Must be able to communicate effectively, both written and orally, in the English language and work well with property management/site staff
· Must be willing to learn new concepts in the monthly accounting cycle
· Must be self-motivated, possess strong organizational and analytical skills and have the desire to learn
Job Type: Full-time

Benefits:

• Dental care
• Extended health care
• Vision care

Application question(s):

• How many years of experience do you have within the Commercial Real Estate industry?

Work Location: In perso

· Work with the full accounting cycle, including daily bank reconciliation, journal entries, general ledger, recovery, accounts payable, accounts receivable, year-end billing process
· Prepare detailed monthly variance analysis, account reconciliations, and CAM and tax recovery shortfall and ratio analysis while investigating the cause of variances and propose trouble-shooting solutions
· Monitor and reconcile capital projects and leasing costs and prepare cash distribution on a monthly/quarterly basis
· Prepare year-end audit package and entity financial statements and liaise with external auditors
· Review and analyze financial information and process the information efficiently and take appropriate actions with minimal supervision to address and resolve the matters
· Work with property management and leasing team to prepare annual budgets and quarterly forecasts based on leasing assumptions, capital, and operating expenditures projections
· Assist in preparation of monthly, quarterly, and annual reporting, and other financial information as required to Senior Management, Property Managers and Owners, as needed
· Ensure all financial reporting procedures and processes are in accordance with agreed-upon or mandated schedules, owner requirements and some customized approaches as mandated by specific owners
· Coordinate with property management to ensure that Owner reports are produced accurately and on-time, with correct commentary; review the financial component of the executive summary and variance comments on the reports and assist as necessary in the drafting of the report
· Ensure that all regulatory and government returns and reporting (monthly/quarterly GST/HST, annual returns) are filed on time
· Work effectively and collaboratively with property management and other staff to provide value-add customer service to internal and external clients