Senior Property Accountant - Vaughan, ON (Office Based Role)
Compensation: $85,000-$95,000 + bonus
Position Summary
This full-time role will focus on property accounting, including general accounting functions such as preparing accurate and complete month-end packages, tenant year-end reconciliations and invoices, and performing other account analysis and reconciliations as required.
Responsibilities:
- Create and enter all adjusting entries, and maintain accurate and detailed accounting records;
- Liaise with property management team to ensure understanding of all properties and review of ongoing activities at the property level;
- Liaise with construction and leasing to set up new tenants;
- Liaise with payables and receivables departments;
- Prepare sales tax reports;
- Assist in resolving tenant collection issues;
- Prepare management fees and leasing fees for each property;
- Prepare accruals and review/streamline reporting processes;
- Prepare operations and financial reports, including variance analysis reports and provide operations/financial reports to Reporting Group for internal/external reporting;
- Prepare annual operating and capital expenditures budgets;
- Prepare cost recovery files and tax billings for tenants;
- Prepare working papers files annually, quarterly or monthly;
- Prepare quarterly cashflows for operating properties;
- Prepare monthly distributions and variance reporting to cashflows.
Required Skills/Experience:
- Minimum four years of related real estate experience with ability to follow financial practices and apply knowledge of ASPE and IFRS;
- Proficiency with general accounting and cost recovery.
- Provide technical assistance and/or training to coworkers;
- Excellent oral and written communication skills;
- Solid team player;
- Commercial Real estate experience is an asset;
- Advanced Excel skills;
- Organized and able to plan workload to align with department goals and objectives.
