Senior Property Accountant
$80K–$90K + Bonus + Benefits
North York, ON (Fully Onsite)
Our client, an established real estate investment and property management company, is seeking a Senior Property Accountant to join their finance team.
The team is looking for a detail-oriented and proactive accounting professional with strong property accounting experience. This role will be responsible for the accounting and financial reporting of a portfolio of properties, with exposure to both commercial and multi-family real estate.
Key Responsibilities
- Prepare monthly and quarterly property-level financial statements, including rent rolls, variance analysis, and operating cost and tax recoveries.
- Prepare and post monthly journal entries, including accruals, prepaid expenses, depreciation, amortization, and allocations.
- Review and reconcile general ledger, tenant, balance sheet, and bank accounts.
- Prepare monthly and quarterly reporting packages.
- Prepare property budgets and forecasts for the commercial portfolio.
- Complete annual operating cost and property tax adjustments for tenants.
- Prepare property-level cash flow reporting and monitor cash receipts and disbursements.
- Prepare property tax, sales tax, GST/HST, and other applicable regulatory reporting.
- Work closely with Property Managers to investigate and resolve accounting issues.
- Assist with year-end working papers, external audits, and auditor requests.
- Support financial system improvements and implementations.
- Assist with additional accounting and administrative projects as required.
Qualifications
- Minimum 2–3 years of relevant property accounting experience.
- Commercial real estate accounting experience is considered an asset.
- University degree in Business, Accounting, Finance, or a related field.
- Currently pursuing a CPA designation.
- Strong understanding of accounting principles and full-cycle accounting.
- Hands-on experience with month-end close, reconciliations, and financial reporting.
- Strong Excel skills, including formulas, reconciliations, and financial analysis.
- Experience with Yardi or similar property management accounting software.
- Strong analytical and problem-solving skills with excellent attention to detail.
- Self-starter who can also work effectively as part of a team.
- Strong organizational and time-management skills with the ability to manage multiple priorities in a fast-paced environment.
What's Offered
- Competitive base salary of $80K–$90K.
- Bonus opportunity.
- Comprehensive benefits.
- Exposure to a portfolio of commercial and multi-family properties.
- Opportunity to work closely with property management and senior finance leadership.
We thank all applicants for their interest; however, only those selected for an interview will be contacted.
