Archived listing. The details below describe a past opening.
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 seeking a Senior Property Accountant (Multi-Family) to support a growing multi-family real estate portfolio and accounting team in Toronto, ON.
This role will be responsible for managing the full-cycle accounting and financial reporting for an assigned portfolio of multi-family properties. The successful candidate will work closely with property management and other internal departments to ensure accurate financial reporting, support operational decision-making, and maintain strong financial controls.
Responsibilities
- Prepare monthly, quarterly, and annual financial statements and supporting working papers for an assigned portfolio of multi-family properties
- Perform detailed variance analysis of revenue and expenses and provide explanations in collaboration with property management
- Prepare and support the development of annual budgets, forecasts, and reforecasts
- Manage rental billings, tenant recoveries, and adjustments in accordance with lease agreements
- Analyze and reconcile tenant accounts, investigate discrepancies, and assist with resolution of tenant disputes
- Prepare cash flow analysis and owner distributions
- Analyze and prepare tenant escalations and annual adjustments
- Maintain and update fixed asset and depreciation schedules
- Monitor and report on capital expenditure programs, landlord work, and tenant improvement projects
- Ensure accuracy of general ledger reconciliations and financial records
- Work closely with Lease Administration, Property Operations, Accounts Receivable, Accounts Payable, Tax, Finance, and Legal teams to gather information required for financial reporting
- Act as a key financial liaison with Property Managers, supporting operational and financial decision-making
- Identify opportunities to improve accounting processes and reporting efficiencies
Qualification
- CPA designation or actively pursuing CPA considered an asset
- 4–6+ years of experience in property accounting, preferably within multi-family or residential real estate
- Strong knowledge of financial reporting and property accounting practices
- Excellent attention to detail and ability to manage multiple deadlines
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal skills
- Experience with Yardi or similar property management systems considered 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
- Pension contributions
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