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Property Accountant

Job Highlights
Toronto
Direct Hire
$80,000

We are looking for a Property Accountant . The successful candidate will be responsible for the day-to-day accounting for a specific retail portfolio. Responsibilities include general ledger accounting, preparing financial statements, reviewing financial statement results, preparing analysis on an individual and/or consolidated portfolio basis, ensuring regulatory compliance and providing accounting support to the operations group

About the Opportunity

This role requires strong attention to detail, communication skills and the ability to multitask in a complex environment. Experience working in the real estate industry and large organization with a complex legal entity structure is an asset

  • Responsible for all aspects of general ledger accounting including preparing monthly journal entries, bank reconciliations, etc
  • Prepare reporting and analysis to joint venture partner, lenders and Corporate Accounting group.
  • Prepare real estate tax, operating expense and other CAM (escalation billings) for tenants
  • Prepare statutory and audited financial statements for regulatory and lender reporting requirements
  • Work proactively with the tax team and external advisors to ensure compliance with REIT requirements
  • Assist the Manager to ensure that the overall team monthly reporting is completed on time and accurately
  • Work proactively with the Operations team to identify issues regarding the monthly financial results, reporting packages to clients, tenant escalation / tax questions, and provide guidance on proper accounting policies
  • Participate in the monthly Operations / Accounting meetings on portfolio planning and the discussion and presentation of property results
  • Work with the Asset Managers and other interested parties to coordinate the creation and flow of financial data, budgets and reforecasts
  • Participate in the development, training, and implementation of new accounting policies, controls, and procedures
  • Act as a systems and process support for Accounting and Operations
  • Support and implement special project initiatives including documentation, process efficiencies, and implementation of system related improvements
  • Work with independent auditors and create work papers to be used in conjunction with audits.
  • Reviewing and analyzing tenant leases
  • Other tasks and responsibilities as assigned in order to maintain accurate and efficient workflow and reporting
  • Propose recommendations for process improvement of standardized reporting, policies and procedures to support efficiency and effectiveness of day to day activities

About You

  • Minimum 2-3 years' work experience in property accounting office and retail sectors
  • University degree
  • CPA designation preferred or substantially complete the CPA program
  • Excellent communication and interpersonal skills
  • Embrace collaborative sharing of knowledge within a teamwork environment and strong ability to manage multiple tasks
  • Strong financial analytical and critical thinking skills with the ability to evaluate complex situations and synthesize relevant information
  • Highly proficient in Microsoft Excel
  • Good knowledge with accounting systems in a real estate environment JD Edwards preferred

Salary

$70,000 - $80,000/year

How to Apply

Click the “Apply Now” button and follow the instructions to submit your resume. Please note that we only accept documents in MS Word or Rich Text formats. When referencing this job, quote #298080

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.

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Property Accountant

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