Property Accountant at Vaco by Highspring
Toronto, ON M5H 3L5, Canada -
Full Time


Start Date

Immediate

Expiry Date

19 Nov, 25

Salary

85000.0

Posted On

20 Aug, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Good communication skills

Industry

Accounting

Description

ABOUT THE OPPORTUNITY

  • Work with the full accounting cycle, including daily bank reconciliation, journal entries, general ledger, recovery, accounts payable, accounts receivable, and 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 troubleshooting 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 the 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-added customer service to internal and external clients

About You

  • Minimum 1-3 years of property accounting experience within the commercial real estate industry, ideally with experience working on behalf of a 3rd party manager with a variety of owners and/or joint ventures
  • Accounting designation (CPA) in progress 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 is 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
Responsibilities
  • the individual’s skill sets, experience and training;
  • licensure and certification requirements;
  • office location and other geographic considerations;
  • other business and organizational needs
Loading...