Multi-Family Junior Property Accountant (Toronto)

Company Overview: Since 2007, Kipling Group has been one of Canada’s largest Canadian-owned, independent, full-service property management firms. With more than 130 professionals, the company manages a diverse portfolio of over 190 properties, totalling 28 million square feet across major markets nationwide, including Toronto, Kitchener-Waterloo, Ottawa, Calgary, and Edmonton. Kipling provides integrated property management services across industrial, retail, office, and multi-family real estate, delivering disciplined operations, strong financial performance, and long-term asset value. Guided by a hands-on approach and a commitment to trust, integrity, professionalism, and innovation, Kipling Group is a trusted partner managing your real estate investments.

Position Summary

Kipling is currently looking for a Junior Property Accountant to handle a multi-family 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.
  
  

Recommended Experience

– 1+ years working in property management / residential real estate;

– Professional designation or enrolment (CPA, CA, CGA) an asset;

– Strong attention to detail and ability to manage deadlines;

– Excellent communication skills;

– Strong Yardi knowledge an asset.

Kipling supports equal opportunities and invests in a diverse and multicultural work force that values individuals with unique personalities, goals, backgrounds and views. This reinforces Kipling’s culture, enhances collaboration and makes for an inclusive work environment.

Benefits

• Dental care
• Disability insurance
• Employee assistance program
• Extended health care
• Life insurance
• Paid time off
• Tuition reimbursement
  
  

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