Commercial Property Accountant
- Toronto, ON, Canada
Full-time
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Job details
- Job type
- Full-time
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- Posting language
- English
- Posted
Original job description
Company Overview: Kipling Group Inc. is a multifaceted commercial and residential real estate organization that focuses on property management and leasing. With over $10 billion in assets under management and managing over 130 properties of various asset types across the country, Kipling offers integrated property management solutions tailored to the needs of a diverse clientele. Our services encompass building operations, accounting, administration, human resources, risk management, leasing, marketing, project management, and specialized tenant services.
Job Description: Kipling is currently looking for a Commercial Property Accountant to handle a real estate portfolio based in Toronto.
All accounting and reporting requirements that would normally be the duties of a property accountant, including but not limited to:
Kipling will work with individuals requiring accommodation throughout the hiring process. If you require accommodation, please advise our HR team by emailing careers@kiplingrealty.com.
Apply
Job Description: Kipling is currently looking for a Commercial Property Accountant to handle a real estate portfolio based in Toronto.
All accounting and reporting requirements that would normally be the duties of a property accountant, including but not limited to:
- Preparation of monthly, quarterly and annual financial reports and working papers;
- Monthly bank reconciliations
- Preparation of Annual budget and reforecasting;
- Preparation of rental and recovery billings;
- Preparation of percentage rent billings with sales analysis;
- Cash analysis and distributions to owners;
- Tenant dispute resolution on recovery billings;
- Manage, analyze and audit tenant accounts to ensure they are billed correctly each month for all rental and additional charges per their lease and investigate and resolve all discrepancies;
- Research and assess all vendor payments to ensure they are properly coded prior to payment;
- Analyze and prepare HST filings , including all supporting schedules as scheduled;
- Present formal revenue and expense variance explanations on a monthly basis in conjunction with property management;
- Analyze and prepare tenant operating and real estate tax escalations for assigned properties’ monthly payment and annual adjustment;
- Analyze and prepare sales analysis and percentage rent billings for monthly payment and annual adjustment;
- Work with Lease Administration, Property Operations , Accounts Receivable, Accounts Payable, Tax, Finance and Legal Departments to obtain necessary information for the completion of financial statements;
- Analyze and prepare depreciation and fixed asset schedules on a monthly basis;
- Monitor, analyze and report on capital expenditure programs;
- Monitor, analyze and report on landlord’s work and tenant improvements;
- Analyze and prepare depreciation and fixed asset schedules on a monthly basis;
- Liaison with Property Manager;
- Other duties as assigned.
- Professional designation or enrolment (CPA, CA, CGA) an asset;
- 2+ years working in property management / commercial real estate;
- Strong attention to detail and ability to manage deadlines;
- Excellent communication skills;
- Strong Yardi knowledge an asset.
Kipling will work with individuals requiring accommodation throughout the hiring process. If you require accommodation, please advise our HR team by emailing careers@kiplingrealty.com.
Apply
More about this job
Responsibilities
Prepare financial reports, budgets, reconciliations, billings, tax filings, and fixed-asset schedules for a commercial real estate portfolio. Analyze tenant and vendor accounts, explain financial variances, monitor capital projects, and coordinate with property management and internal departments.
Requirements
The role seeks at least two years of experience in property management or commercial real estate, with a CPA, CA, or CGA designation or enrollment considered an asset. Candidates should have strong attention to detail, deadline management, communication skills, and preferably strong Yardi knowledge.
Skills
- Financial Reporting
- Property Accounting
- Bank Reconciliation
- Budgeting and Forecasting
- Rental and Recovery Billing
- Percentage Rent Analysis
- Cash Analysis
- Tenant Account Management
- Vendor Payment Review
- HST Filings
- Variance Analysis
- Operating and Real Estate Tax Escalations
- Fixed Asset and Depreciation Schedules
- Capital Expenditure Monitoring
- Yardi
Visa sponsorship
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Categories
- Finance & Accounting
- Management & Leadership
Keywords
- Commercial Real Estate
- Property Management
- Property Accounting
- CPA
- CA
- CGA
- Yardi
- Financial Statements
- Financial Reporting
- Bank Reconciliations
- Annual Budget
- Reforecasting
- Rental Billing
- Recovery Billing
- Percentage Rent
- Sales Analysis
- Tenant Accounts
- Vendor Payments
- HST Filings
- Variance Analysis
- Operating Expense Escalations
- Real Estate Tax
- Depreciation
- Fixed Assets
- Capital Expenditures
- Tenant Improvements
- Accounts Receivable
- Accounts Payable
- Lease Administration
- Cash Distributions