We are looking for a Property Accountant with a strong focus on Accounts Receivable to manage the financial side of our commercial tenant accounts. This role requires the ability to read and interpret commercial lease agreements and accurately translate lease terms into detailed tenant ledgers. You’ll be a key player in ensuring billing accuracy and maintaining healthy tenant relationships through clear, accurate financial records.

QUALIFICATIONS:

Experience:

• 2–4 years of accounting experience, preferably in commercial property management.
• Strong familiarity with lease agreements and AR accounting.

Skills:

• Ability to read and interpret commercial leases and extract financial obligations.
• Proficient in accounting software (e.g., Spectra, Yardi, MRI, or similar platforms).
• Strong Excel skills (pivot tables, VLOOKUP, formulas).
• Excellent attention to detail and organizational skills.

Soft Skills:

• Strong communication skills (written and verbal).
• Ability to work independently and as part of a small, dedicated team.
• Proactive and solution-oriented mindset.

We are located in Toronto, ON.
This position is full-time in office with casual dress-code.
Job Types: Full-time, Permanent, Casual
Pay: From $50,000.00 per year

Benefits:

• Casual dress
• Dental care
• Extended health care
• On-site parking
• Paid time off

Application question(s):

• Do you have experience reading lease agreements?

Experience:

• Accounts receivable: 2 years (required)

Work Location: In person
Expected start date: 2025-09-0

Accounts Receivable:

• Process and record rent payments and other tenant charges (e.g., CAM, taxes, utilities).
• Monitor aging reports and follow up on outstanding balances.
• Apply payments accurately and resolve any discrepancies.

Lease Interpretation & Ledger Creation:

• Read and interpret commercial lease agreements.
• Extract relevant financial terms and convert them into comprehensive tenant ledgers.
• Set up recurring charges based on lease terms (e.g., base rent, percentage rent, recoveries).

Tenant Communication & Support:

• Respond to tenant inquiries regarding their account, payment history, and billing details.
• Provide support to the property management team for any AR-related issues.

Reporting & Reconciliation:

• Assist in monthly AR reporting, rent rolls, and variance analysis.
• Reconcile tenant accounts and assist with year-end CAM/tax reconciliation as needed.