REQUIREMENTS:

• Bachelor’s degree or college diploma in accounting, finance, or a related field.
• Experience in accounting, preferably within the real estate industry.
• Strong understanding of accounting principles and financial reporting.
• Proficiency in accounting software and Microsoft Office Suite.
• Comprehensive understanding of Excel functions, such as XLOOKUP, PIVOT Tables, etc.

PURPOSE:

The Property Accountant is responsible for the accurate and timely management of financial records and transactions related to multiple properties. This role ensures that all receivables, rent revenue, lease amendments, and other tenant-related financial activities are processed efficiently, in accordance with company policies, and accurately reflected in the accounting system.

RESPONSIBILITIES:

• Prepare and process receivables for multiple companies and properties within the Lepine portfolio.
• Manage monthly rent revenue and receivables, ensure that rent increases are correctly booked, and resolve any discrepancies promptly.
• Process lease amendments, terminations, and maintain accurate tenant accounting files.
• Verify that payments have been processed and ensure cash collections are deposited accurately.
• Handle tenant move-out formalities, including calculating move-out charges, processing applicable refunds, and applying Last Month’s Rent and interest.
• Prepare Lease Expiry Reports by updating Market Rent in Rent Roll and send updated lists of available units to Leasing Agents and Property Administrators.
• Prepare and maintain monthly Property Management reports to keep updated status on each property.
• Track and save weekly and monthly Rent Rolls to ensure updated property information is always available.
• Run journal entries for all properties and charge rent appropriately to ensure month-end reports are complete and accurate.
• Track and manage Pre-Authorized Payments for tenants across various properties.
• Perform related clerical duties such as word processing, maintaining files and record systems, emailing, photocopying, and other tasks as required.

ROLE SPECIFIC REQUIREMENTS:

• Ensure that tenant accounting files are accurately maintained and that any tenant inquiries related to accounting are addressed promptly.
• Ensure that all lease amendments, terminations, and other tenant-related financial processes comply with relevant legal and regulatory requirements.
• Regularly update and share Lease Expiry Reports and Rent Rolls to ensure that all available units are marketed effectively.
• Maintain accuracy in journal entries and financial reports to reflect the true financial position of each property.