Intermediate Accountant
- Toronto, ON, Canada
$70,000 to $85,000 CAD / year · Full-time
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Job details
- Pay
- $70,000 to $85,000 CAD / year
- Job type
- Full-time
- Apply by
- Experience
- 3–4+ years of relevant accounting experience
- Posting language
- English
- Posted
Original job description
THE ROLE
We are partnering with an established real estate investment management organization to find an Intermediate Accountant to join its finance team in downtown Toronto.
The organization works closely with institutional investors and manages a diverse portfolio of real estate assets across multiple markets.
Reporting within the Client Finance team, this role will focus on financial reporting, reconciliations, consolidation, and analysis across a portfolio of real estate investments. You will work with property-level financial information, prepare quarterly reporting packages, investigate variances, and support the accuracy and integrity of financial data.
This is an excellent opportunity for an accounting professional with strong financial reporting skills who wants to develop their expertise in real estate investment accounting and gain exposure to complex investment structures and performance analysis.
ADVANTAGES
- Competitive salary of $70,000 – $85,000, plus bonus
- Hybrid work arrangement, with 2 days in the office per week
- Permanent opportunity with an established investment management organization
- Exposure to property-level and fund-level financial reporting
- Opportunity to develop expertise in real estate investment accounting and performance analysis
- Collaborative team environment with opportunities for professional growth
RESPONSIBILITIES
- Prepare monthly property-level financial reports, including income and expense variance analysis, accounts receivable summaries, and balance sheet reviews
- Complete general ledger, intercompany, and balance sheet reconciliations
- Prepare quarterly fund-level financial reporting, including balance sheet analysis, property valuations, income reporting, and capital variance analysis
- Maintain supporting schedules, mortgage continuity schedules, and leasing reports
- Process invoices, bank deposits, transfers, journal entries, and monthly accruals
- Prepare HST/QST returns and coordinate related payments
- Support investor distributions and asset management fee calculations
- Calculate and analyze investment performance metrics, including IRR, TWRR, and NAV
- Upload quarterly investment information to external reporting platforms and reconcile performance calculations
- Support budgeting activities, year-end audits, and financial controls
- Develop and improve Excel templates to streamline reporting processes
- Assist with ad hoc financial analysis and process improvement initiatives
REQUIREMENTS
- 3–4+ years of relevant accounting experience
- CPA designation or actively pursuing a recognized accounting designation is preferred
- Experience preparing financial reports, reconciliations, variance analysis, and supporting schedules
- Strong understanding of financial statements, including balance sheets and income statements
- Advanced Excel skills, including the ability to develop and improve reporting templates
- Experience in real estate, property accounting, fund accounting, investment management, financial services, or a similar environment is an asset
- Exposure to property-level and fund-level financial reporting is an asset
- Experience with Yardi or similar accounting systems is an advantage
- Degree in Accounting, Finance, Commerce, Business, or a related discipline is an asset
- Strong analytical skills and attention to detail
- Excellent communication and organizational skills
- Able to manage multiple priorities, meet reporting deadlines, and work collaboratively with internal stakeholders
- Proactive and capable of working independently, investigating discrepancies, and resolving issues
More about this job
Responsibilities
Prepare property-level and fund-level financial reports, reconciliations, variance analyses, supporting schedules, and tax returns, while processing transactions and supporting investor distributions. Analyze investment performance, upload and reconcile reporting data, and assist with budgeting, audits, financial controls, and process improvements.
Requirements
The role seeks someone with 3–4 or more years of relevant accounting experience, strong financial reporting, reconciliation, and variance analysis skills, and advanced Excel ability; a CPA designation or active pursuit of one is preferred. A relevant degree and experience in real estate, property or fund accounting, investment management, or financial services are assets, as are Yardi experience, strong analytical and communication skills, attention to detail, and the ability to meet deadlines and work collaboratively.
Skills
- Financial Reporting
- Account Reconciliation
- Variance Analysis
- Fund Accounting
- Real Estate Investment Accounting
- Financial Statement Analysis
- Advanced Excel
- Investment Performance Analysis
- IRR and TWRR Calculations
- NAV Analysis
- Budgeting
- Audit Support
- Financial Controls
- HST/QST Returns
- Yardi
- Process Improvement
Benefits
- Competitive Salary
- Bonus
- Hybrid Work Arrangement
- Professional Growth Opportunities
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Data & Analytics
Keywords
- Real Estate Investment Management
- Intermediate Accounting
- Property Accounting
- Fund Accounting
- Financial Reporting
- General Ledger
- Intercompany Reconciliations
- Balance Sheet Analysis
- Income Statement Analysis
- Variance Analysis
- Property Valuations
- Mortgage Continuity Schedules
- Leasing Reports
- Journal Entries
- Monthly Accruals
- HST/QST Returns
- Investor Distributions
- Asset Management Fees
- IRR
- TWRR
- NAV
- Advanced Excel
- Yardi
- Budgeting
- Year-End Audits
- Financial Controls
- Investment Performance Analysis
- CPA
- Institutional Investors