Property Accountant
- Toronto, ON, Canada
Salary range: $60,000 - $75,000 annually · Full-time
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Job details
- Pay
- Salary range: $60,000 - $75,000 annually
- Job type
- Full-time
- Apply by
- Posting language
- English
- Posted
Original job description
Employment Type
Existing Role, On-Site, Permanent Full-Time
Compensation & Benefits
- Salary range: $60,000 - $75,000 annually
- Benefits: Comprehensive benefits package (medical, dental, prescriptions, pooled health account, life, and LTD insurance)
About Barney River
Headquartered in Toronto, Barney River is a trusted real estate investment and property management company focused on creating vibrant, thriving communities, with proud Canadian roots and a forward-thinking approach.
Our mission is simple but powerful: to create and manage high-quality real estate assets that deliver long-term value. Today, our diverse portfolio includes approximately 1,700 multi-residential suites across the Greater Toronto Area and 3,400 hotel guestrooms in major city centres across Canada. We proudly manage our own residential properties and partner with world-class hospitality brands like Hilton Worldwide and Marriott International to ensure exceptional guest experiences in our hotel properties.
Guided by our core values - Trust, Respect, Accountability, Integrity, and Leadership (TRAIL) - we are committed to excellence in everything we do. At Barney River, we value our people, foster collaboration, and encourage continuous growth and improvement.
About The Role
The Property Accountant manages the financial operations of real estate portfolios, ensuring accurate rent collection, expense tracking, and monthly financial reporting. This role is responsible for reconciling balance sheets and assisting with budgeting and tax preparation. This role combines accounting expertise with real estate operations in a residential setting. This is a hands-on, detail-driven role suited for someone organized, accountable, and comfortable operating in a fast-paced, lean environment.
What You'll Do
- Support the month-end close process, including preparation of journal entries, accruals, and variance analysis.
- Assist in the preparation of monthly financial statements for the residential portfolio.
- Maintain the general ledger to ensure accuracy and completeness of financial data.
- Prepare and review monthly balance sheet and bank reconciliations.
- Perform weekly bank reconciliations and resolve discrepancies in a timely manner
- Support strong internal controls and identify opportunities for process improvements..
- Assist in the preparation of annual budgets and periodic forecasts.
- Support analysis of variances against budget and prior periods.
- Assist with accounting for acquisitions, dispositions, and refinancing activities.
- Support integration of new properties into the accounting system.
- Provide back-up support for Accounts Receivable and Accounts Payable functions as needed.
- Partner with Operations and Property Management teams to ensure accurate financial reporting.
- Prepare year-end audit working papers and support audit requests.
- Ensure compliance with internal policies and external reporting requirements.
- Communicate financial insights and findings to management.
- Contribute to process improvements and increased efficiency across the accounting function.
- Support special projects and ad hoc analysis as required.
What We’re Looking For
- Bachelor’s degree in Accounting, Finance, or related field
- 2–4 years of accounting experience (real estate or property accounting preferred)
- Strong understanding of accounting fundamentals (journal entries, accruals, reconciliations)
- Experience with month-end close processes
- Proficiency in Excel (pivot tables, lookups, basic data analysis)
- High attention to detail and accuracy
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment
- Strong communication skills and ability to work cross-functionally
Why You’ll Love It At Barney River
- Community-Focused - We are committed to creating vibrant and thriving communities where residents feel at home.
- Autonomy & Ownership - Opportunity to build and improve processes and make a real impact on residential experience.
- Work-Life Balance - We strive to create a flexible and accommodating work environment.
- Recognition and Rewards - We believe in recognizing and rewarding the achievements of our employees.
More about this job
Responsibilities
Manage accounting activities for the residential real estate portfolio, including month-end close, financial statements, reconciliations, budgeting, and variance analysis. Support audits, property transactions and integrations, internal controls, and process improvements while partnering with operations and property management teams.
Requirements
A bachelor’s degree in accounting, finance, or a related field and 2–4 years of accounting experience are required; real estate or property accounting experience is preferred. Candidates should understand core accounting and month-end close processes, be proficient in Excel, and demonstrate accuracy, organization, deadline management, and strong communication skills.
Skills
- Month-End Close
- Journal Entries
- Accruals
- Variance Analysis
- General Ledger Maintenance
- Balance Sheet Reconciliation
- Bank Reconciliation
- Budgeting
- Forecasting
- Excel
- Accounts Receivable
- Accounts Payable
- Audit Support
- Internal Controls
- Cross-Functional Communication
Benefits
- Medical Insurance
- Dental Insurance
- Prescription Coverage
- Pooled Health Account
- Life Insurance
- Long-Term Disability Insurance
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Management & Leadership
Keywords
- Property Accounting
- Real Estate
- Residential Portfolio
- Month-End Close
- Journal Entries
- Accruals
- Variance Analysis
- Financial Statements
- General Ledger
- Balance Sheet Reconciliation
- Bank Reconciliation
- Internal Controls
- Annual Budgets
- Forecasting
- Acquisitions
- Dispositions
- Refinancing
- Property Integration
- Accounts Receivable
- Accounts Payable
- Year-End Audit
- Audit Working Papers
- Excel
- Pivot Tables
- Lookups
- Process Improvement