Senior Property Accountant
- Toronto, ON, Canada
$80,000 to $84,000 CAD / year · Contract
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Job details
- Pay
- $80,000 to $84,000 CAD / year
- Job type
- Contract
- Apply by
- Experience
- 2+ years of commercial property accounting experience, ideally with retail property exposure.
- Posting language
- English
- Posted
Original job description
About Our Client
Our client is sourcing a Property Accountant for a 12-month contract.
About the Opportunity
- Own property financial reporting by preparing monthly and quarterly financial statements for a portfolio of commercial properties.
- Perform financial analysis on NOI, CAPEX, variances, and balance sheet accounts, providing meaningful business insights rather than simply reporting numbers.
- Manage full-cycle property accounting, including reconciliations, accruals, cash flow monitoring, HST reconciliations, and balance sheet reviews.
- Review and administer leases, ensuring lease setups, rent schedules, recoveries, deposits, tenant improvements, and accounting treatments align with lease terms.
- Oversee tenant recoveries using Yardi, including operating cost recoveries, property tax recoveries, billings, estimates, and annual adjustments.
- Support budgeting and forecasting, preparing annual budgets and periodic reforecasts for assigned properties.
- Coordinate audits and tenant inquiries, including audit file preparation, supporting documentation, and dispute resolution support.
- Monitor capital and leasing projects, ensuring job costs, forecasts, and statuses are accurate and current.
- Support acquisitions and dispositions, including post-closing adjustments and cleanup of accounting records.
- Collaborate across departments, providing financial analysis, reconciliations, reporting, and process improvement recommendations.
About You
- 2+ years of commercial property accounting experience, ideally with retail property exposure.
- CPA or pursing the CPA designation is an asset but not required
- Strong analytical thinker who can identify issues, explain variances, and solve problems independently.
- Highly organized and deadline-driven, able to manage multiple priorities in a fast-paced environment.
- Advanced Excel skills with experience in Yardi considered a strong asset.
How to Apply
Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats. When referencing this job, quote # 307556.
----- DISCLAIMERS -----
This position for employment is for a current vacancy with Highspring’s client. You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.
By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present you as a candidate for the foregoing position. Additionally, you agree to be included in our talent pool for future hiring for similarly qualified positions. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. Lastly, you also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Vaco by Highspring values a diverse workplace and strongly encourages women, people of colour, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply. The company is also committed to ensuring that persons who need them are provided with reasonable accommodations; if one is needed to participate in the job application or interview process, please contact HR@vaco.com .
Vaco by Highspring respects your privacy and is committed to providing transparent notice of our policies in English here and in French here. Additionally, the company uses AI to perform preliminary screenings, focused on ensuring minimum job requirements noted in the position are satisfied. Further assessment of candidates beyond this initial phase will be conducted by recruiters and hiring managers. Vaco/Highspring does not know and cannot opine on if its client’s use of AI products in hiring.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
Having said that Vaco by Highspring believes that the salary range referenced reasonably estimates the base compensation for an individual hired into this position. The individual may also be eligible for discretionary bonuses and/or participation in medical, dental, and vision benefits as well as the company’s retirement plan (or similar retirement benefits).
More about this job
Responsibilities
Prepare financial statements and analysis for a portfolio of commercial properties, while managing full-cycle accounting, lease administration, tenant recoveries, budgeting, and forecasting. Coordinate audits and tenant inquiries, monitor capital and leasing projects, support acquisitions and dispositions, and collaborate across departments on reporting and process improvements.
Requirements
Requires at least two years of commercial property accounting experience, ideally including retail properties; a CPA designation or progress toward one is an asset but not required. Candidates should be analytical, organized, deadline-driven, proficient in advanced Excel, and ideally experienced with Yardi; they must reside in the Greater Toronto Area and be authorized to work in Canada.
Skills
- Commercial Property Accounting
- Financial Reporting
- Financial Analysis
- Full-Cycle Accounting
- Account Reconciliations
- Accruals
- Cash Flow Monitoring
- HST Reconciliations
- Lease Administration
- Tenant Recoveries
- Budgeting And Forecasting
- Audit Coordination
- Capital Project Monitoring
- Advanced Excel
- Yardi
- Variance Analysis
Benefits
- Medical Benefits
- Dental Benefits
- Vision Benefits
- Retirement Plan
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Data & Analytics
Keywords
- Commercial Property Accounting
- Retail Properties
- Monthly Financial Statements
- Quarterly Financial Statements
- Net Operating Income
- Capital Expenditures
- Variance Analysis
- Balance Sheet
- Accruals
- Cash Flow
- HST Reconciliations
- Lease Administration
- Rent Schedules
- Tenant Recoveries
- Operating Cost Recoveries
- Property Tax Recoveries
- Yardi
- Budgeting
- Forecasting
- Audit Preparation
- Capital Projects
- Leasing Projects
- Acquisitions
- Dispositions
- Advanced Excel
- CPA