Property Accountant
- Toronto, ON, Canada
- North York, ON, Canada
$70,000 to $90,000 CAD / year · Full-time
Applications open in a new tab.
Job details
- Pay
- $70,000 to $90,000 CAD / year
- Job type
- Full-time
- Apply by
- Experience
- Minimum of 5 years of experience in recovery accounting or property accounting
- Posting language
- English
- Posted
Original job description
On behalf of our client, Robert Half is seeking a Property Accountant based in Toronto, ON. This on-site role is ideal for individuals with a background in property accounting who are interested in supporting billing operations and lease compliance within a dynamic environment. The position offers the opportunity to contribute to the financial accuracy and operational excellence of a prominent organization in the real estate sector.
RESPONSIBILITIES:
- Conduct audits of lease provisions related to CAM, property tax, and percentage rent, and prepare calculations to ensure compliance with lease terms
- Enter approved calculation methodologies into the ERP system
- Maintain and update tenant billing methodologies in the ERP system to ensure accuracy and completeness
- Participate in the annual budget process through calculation, review, and analysis of estimated charges
- Calculate and issue final year-end reconciliation invoices
- Update percentage rent schedules with monthly sales data and generate percentage rent invoices
- Assist Property Management in resolving tenant inquiries related to reconcilable charges
- Calculate property tax refunds and issue related invoices to tenants
- Perform miscellaneous tasks, various ad hoc analyses, and participate in special projects as assigned
QUALIFICATIONS:
- University degree in Business Administration, Accounting, or Economics
- Minimum of 5 years of experience in recovery accounting or property accounting
- Excellent written and verbal communication skills
- Strong organizational skills with attention to detail
- Proficient in Microsoft Word, Excel, and Outlook
- Experience with Yardi is preferred
- Demonstrated ability to read and interpret lease agreements
BENEFITS & PERKS:
- Work model with flexible work hours
- Extra-long weekend and half days before long weekends in the summer
- Continuing education reimbursement, mentorship and leadership development, on-demand online learning, and cross-training opportunities
- Health and dental benefits for employees and their families starting on day one, healthcare spending account, employee assistance program, virtual healthcare, and additional resources
- Comprehensive retirement program with matching contributions and employee unit purchase plan
- Paid time off, parental leave top-up, employee discounts, referral and recognition programs, and opportunities to participate in community initiatives and social events
- We are committed to creating a diverse and inclusive work environment where all employees are valued, included, and empowered to do their best work. If you require accommodation at any stage of the application process, please let us know.
More about this job
Responsibilities
Audit lease provisions for common area maintenance, property tax, and percentage rent, and maintain accurate tenant billing methodologies and calculations in the ERP system. Support budgeting and year-end reconciliations, issue tenant invoices and refunds, address tenant inquiries, and contribute to ad hoc analyses and special projects.
Requirements
A university degree in Business Administration, Accounting, or Economics and at least five years of recovery accounting or property accounting experience are required. Candidates should have strong communication and organizational skills, attention to detail, proficiency with Microsoft Word, Excel, and Outlook, and the ability to interpret lease agreements; Yardi experience is preferred.
Skills
- Property Accounting
- Recovery Accounting
- Lease Compliance
- Lease Agreement Interpretation
- Lease Provision Auditing
- Tenant Billing
- Common Area Maintenance (CAM) Reconciliation
- Property Tax Reconciliation
- Percentage Rent Calculation
- Year-End Reconciliation
- Budgeting
- Financial Analysis
- ERP Systems
- Yardi
- Microsoft Excel
- Attention To Detail
Benefits
- Flexible Work Hours
- Extra-Long Weekends
- Summer Half Days Before Long Weekends
- Continuing Education Reimbursement
- Mentorship And Leadership Development
- On-Demand Online Learning
- Cross-Training Opportunities
- Health And Dental Benefits
- Healthcare Spending Account
- Employee Assistance Program
- Virtual Healthcare
- Retirement Program With Matching Contributions
- Employee Unit Purchase Plan
- Paid Time Off
- Parental Leave Top-Up
- Employee Discounts
- Referral And Recognition Programs
- Community Initiatives And Social Events
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Data & Analytics
Keywords
- Property Accounting
- Recovery Accounting
- Real Estate
- Lease Compliance
- Lease Agreements
- Common Area Maintenance (CAM)
- Property Tax
- Percentage Rent
- Tenant Billing
- ERP System
- Yardi
- Annual Budgeting
- Estimated Charges
- Year-End Reconciliation
- Tenant Invoices
- Property Tax Refunds
- Microsoft Word
- Microsoft Excel
- Microsoft Outlook
- Financial Accuracy
- Lease Provision Auditing
- Tenant Inquiries
- Ad Hoc Analysis
- Special Projects