Accountant, Investments

Job Title: Accountant, Investments

Reports To: Finance Manager

Department: Accounting

Employment: Full Time, Permanent

Work Policy: In-office

Office Location: Toronto, ON

KOLT Investments Inc. (‘KOLT’) (previously TAKOL) is a boutique private equity firm that invests in real estate development, redevelopment and income producing assets. Led by our principals, KOLT is guided by a culture of excellence through fundamental research, in-depth market knowledge and off-market opportunities. For each investment, we have a senior, empowered, and accountable team leading the plan and delivering premium risk adjusted returns. We are intensely focused on the GTA, where we have tremendous local expertise and capacity to respond to the speed of the market.

Accomplished, hands-on and entrepreneurial, we take pride in a collaborative approach to delivering optimal results to all stakeholders. Our success is defined by an extensive track record of successfully managed assets, direct investments and joint ventures in an effort to reinforce client portfolio growth and our position at the forefront of the capital investment community.

We are seeking a highly driven and experienced Accountant, Investments to join our team in mid-town Toronto at the Yonge / Eglinton Centre, reporting to the Finance Manager.

This role will be crucial to the continued success of the execution and expansion of our industrial real estate portfolio in the GTA. The successful candidate will have hands-on experience managing the full accounts payable cycle, including invoice processing, payment administration, expense reimbursement, vendor reconciliations, and documentation management. This role ensures the accuracy of financial records, maintains strong accounting processes, and supports day-to-day accounting operations across the organization.

The ideal candidate is highly organized, able to manage multiple priorities and deadlines, and committed to maintaining accuracy, compliance, and strong internal controls. They thrive in a collaborative environment, communicate effectively, and can confidently work across departments to support business objectives.

Responsibilities

As an Accountant, Investments, you will handle both day-to-day transactional accounting and higher-level financial reporting responsibilities, with the ability to identify issues, recommend solutions, and drive continuous process improvement.

Accounts Payable, Disbursements & Vendor Management

• Completing payments and controlling expenses by receiving, processing, verifying, and reconciling invoices.
• Ensuring outstanding balances are updated with credit memos that are due.
• Paying employees by receiving and verifying expense reports using company-specific forms and methodologies.
• Verifying vendor accounts by reconciling monthly statements and related transactions.
• Process credit card transactions, reconcile statements, and solicit receipts from KOLT employees.
• Liaise with vendors and partners regarding AR and AP.
• Issue management fee invoices to business partners, managing their supporting tracking sheets and other supporting documentation.
• Mail out cheques for payments, tracking their status and liaising with internal KOLT team and external vendors where needed.
• Adhering to KOLT's Wire and EFT policy, issue wire payments, EFTs, and internal transfers between accounts when needed, all while maintaining appropriate supporting documentation.

Accounting, Reconciliations & Financial Reporting

• Reconciling processed work by verifying entries and comparing system reports to balances.
• Adhering to CAAP, support and provide all the necessary information and oversee the preparation of the monthly financial reporting for various levels of management.
• Solicit engagements from the external auditors and ensure that the relevant scopes are fulfilled.
• With respect to year-end, ensure investors receive the appropriate tax information, lenders receive annual reports, and investment partners are informed as required.
• With respect to internal controls and information for the Principals' use, focus on management reporting on a weekly basis, Accounts Receivables and Cash Flow.
• Support and provide the financial and managerial matters related to the corporate entities that control all the respective partnerships and joint ventures.
• Complete monthly bank reconciliations and reconcile financial statements and balance sheet accounts.
• Prepare and record journal entries and maintain appropriate supporting documentation.
• Maintain schedules relating to prepaid expenses, accruals, fixed assets, and other financial accounts as required.

Portfolio, Operational & Administrative Support

• Interface with the KOLT team on matters related to property revenue and expense changes, sales and transaction activity, and budgeting and forecasting.
• Process construction draw packages.
• Assisting other departments and archiving and maintenance of both digital and physical documentation, as needed.

Qualifications and Experience

• 1-3 years of progressive accounting experience, preferably in real estate, property management, asset management, construction, or a multi-entity environment.
• Demonstrated knowledge of accounting principles, financial reporting, and internal controls.
• Advanced capabilities using Microsoft Office (Excel, Word & PowerPoint); with advanced proficiency in Microsoft Excel,
• Strong financial reporting and account reconciliation skills.
• Familiarity with market metrics, activities, and dynamics, notably for industrial, office, retail property types
• Experience in real estate development and management, highly preferred.
• Knowledgeable of leasing and general property management business activities, is an asset
• Strong work ethic and the ability to function in an environment requiring discretion and confidentiality
• Strong analytical and problem-solving abilities.
• Excellent organizational and time-management skills.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Post-secondary education in accounting, finance, business or related profession

Compensation: $75,000-$80,000 base salary, plus performance bonus

We are committed to fostering a diverse and inclusive work environment where all employees are respected, valued and empowered to do their best work. KOLT welcomes applications from all qualified candidates and is committed to providing accommodation for people with disabilities. If you require accommodation at any stage of the recruitment process, please let us know.

KOLT thanks all applicants for their interest in this position. We will only be contacting candidates who are under consideration for an initial interview. All applications will be confidentially managed.