Property Accountant
- Toronto, ON, Canada
$75,000 to $90,000 CAD / year · Full-time
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Job details
- Pay
- $75,000 to $90,000 CAD / year
- Job type
- Full-time
- Apply by
- Posting language
- English
- Posted
Original job description
Intermediate Property Accountant - Downtown Toronto - Commercial Portfolio
Working Schedule: Hybrid Model – 3 days per week in office
Compensation Package: $75,000-$90,000 + Annual Bonus + Benefits Package 100% Employer Paid for Single and Family Plans + $500 Annual Wellness Bonus + Annual CPA Dues Paid + 15 Vacation Days + 3 Personal Days + 6 Health Days + RSP Plan after 3 months 4% Match
You as an Intermediate Accountant, Property Accounting will:
- Month-end/Recurring journal entries
- Preparation of monthly reporting packages (including financial statements)
- Preparation of quarterly reporting packages (including financial statements, work papers and supporting schedules)
- Intercompany charge backs
- Tenant account reconciliations
- Preparation of annual budget
- Preparation of annual final CAM and Tax billing/lease review
- Preparation of annual year-end audit working papers and liaison with auditors during field work period
- Preparation of tenant/vendor chargebacks as needed
- Liaise with Property Managers and Asset Managers regarding related accounting matters
- Cash flow management and cash calls when required, updating rent rolls and collection management
- Other duties as assigned
Is this the right role for you? You will bring:
- Excellent verbal and written communication skills, including the ability to prepare clear and concise financial reports.
- Proven ability to manage multiple priorities, meet tight deadlines, and work effectively in a fast-paced environment.
- Strong attention to detail and accuracy, with the ability to analyze complex financial data and resolve discrepancies.
- Proficiency in Microsoft Office Suite, with advanced Excel skills (pivot tables, VLOOKUP, data analysis).
- Ability to work collaboratively with cross-functional teams, including Property Managers and Asset Managers.
Education:
- Post-secondary degree or diploma in Accounting, Finance, Business Administration, or related field required.
- Preference will be given to individuals with a CPA (Chartered Professional Accountant) designation. Completed or in progress.
Experience:
- 2+ years of hands-on experience in property accounting, preferably within commercial or retail real estate.
- OR 2+ years of CA firm-based experience within Audit
- Strong familiarity with property management/accounting software; MRI preferred is a strong asset.
AI may me used in the screening of this process - this role is for an existing position.
More about this job
Responsibilities
Prepare recurring journal entries, monthly and quarterly financial reporting packages, budgets, tenant reconciliations, annual CAM and tax billings, and year-end audit working papers. Manage chargebacks, cash flow, rent rolls, and collections while coordinating accounting matters with Property Managers, Asset Managers, and auditors.
Requirements
Requires a post-secondary degree or diploma in Accounting, Finance, Business Administration, or a related field; a CPA designation completed or in progress is preferred. Candidates need at least two years of property accounting experience, preferably in commercial or retail real estate, or two years of audit experience at a CA firm, along with strong Excel, communication, analytical, and organizational skills; MRI experience is an asset.
Skills
- Property Accounting
- Month-End Journal Entries
- Financial Reporting
- Quarterly Reporting
- Intercompany Chargebacks
- Budget Preparation
- CAM and Tax Billing
- Audit Working Papers
- Cash Flow Management
- Rent Roll Management
- Collections Management
- Advanced Excel
- Financial Analysis
- Attention to Detail
- Cross-Functional Collaboration
Benefits
- Annual Bonus
- Annual Wellness Bonus
- Annual CPA Dues Paid
- 15 Vacation Days
- 3 Personal Days
- 6 Health Days
- RSP Plan With 4% Employer Match After 3 Months
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
Keywords
- Property Accounting
- Commercial Real Estate
- Retail Real Estate
- Month-End Journal Entries
- Financial Statements
- Monthly Reporting Packages
- Quarterly Reporting Packages
- Intercompany Chargebacks
- Annual Budget
- CAM Billing
- Tax Billing
- Lease Review
- Audit Working Papers
- Auditor Liaison
- Property Management
- Asset Management
- Cash Flow Management
- Cash Calls
- Rent Rolls
- Collections Management
- Microsoft Office
- Advanced Excel
- Pivot Tables
- VLOOKUP
- MRI
- CPA
- Financial Analysis