Property Accountant

Property Accountant

Toronto, ON | In Office

$90,000 - $95,000 + 10% Bonus

Full-Time, Permanent

Your New Company

Our client is an established organization within the commercial real estate sector, managing a diverse portfolio of office and retail assets throughout the GTA. They offer a stable, professional environment with a close-knit finance team and strong collaboration across the wider business.

Your New Role

This is a hands-on Property Accountant position where you will manage the day-to-day accounting and reporting for an assigned portfolio of commercial properties. Reporting to the VP Finance, you will have autonomy over your portfolio while working closely with both the finance and property management teams.

Your responsibilities will include:

• Managing the monthly accounting cycle for assigned commercial properties
• Producing property-level financial statements and management reporting
• Reviewing general ledger activity and completing balance sheet and bank reconciliations
• Handling tenant accounting, including billings, receipts and account reconciliations
• Completing annual operating cost and additional rent reconciliations
• Maintaining accurate lease and tenant information within Yardi
• Reviewing property results and providing commentary on financial variances
• Contributing to annual budgets and ongoing forecasting
• Preparing schedules and supporting documentation for year-end and external audit requirements
• Working with property managers to resolve accounting issues and ensure accurate reporting
• Assisting with HST requirements and other finance-related projects

The position offers a good balance between core property accounting, financial reporting and interaction with the operational side of the business.

What You'll Need to Succeed

You will bring a strong property accounting background and ideally have experience working with commercial office assets. You should also have:

• 5+ years of relevant accounting experience
• Previous commercial real estate/property accounting experience
• Experience with office properties
• A diploma or degree in Accounting, Finance, Business or a related discipline
• Working knowledge of Yardi Voyager or another property accounting platform
• Strong Excel and financial reporting capabilities
• Experience with tenant accounting and recoveries
• The ability to independently manage deadlines and competing priorities
• Strong communication skills and a collaborative working style
• A consistent employment history

What You'll Get in Return

Along with the opportunity to join an established commercial real estate business, you will receive:

• $90,000 - $95,000 base salary
• 10% performance bonus
• Company-paid benefits from your first day
• Three weeks' vacation
• 37.5-hour working week
• Flexible working hours around start and finish times
• Direct access to senior finance leadership
• Exposure to both the accounting and operational sides of commercial real estate
• A stable and collaborative team environment
• Primarily in-office working, with some flexibility to work from home on an ad hoc basis

What You Need to Do Now

If you meet all the requirements for this role, please apply quoting reference number: 1126553. Thank you in advance for your interest.

This posting is for an existing vacancy with the organization.

AI may be used in the screening process for this role.