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Property Accountant (Closed)

Job Highlights

City North York

Type Direct Hire

Salary $90,000

About the Opportunity
Our client, an established private real estate company, is seeking a highly motivated Sr. Real Estate Accountant to join their dynamic team. Our client sources, capitalizes, and manages a portfolio of retail, industrial, and residential assets across Ontario and Western Canada. The Sr. Real Estate Accountant will report directly to the Controller. This is an ideal opportunity for a hands-on, roll up their sleeves accounting professional with 5+ years of experience in the real estate industry to take on a significant role in a fun, and collaborative culture

• Prepare financial statements and corresponding working papers
• Prepare bank reconciliations for 50+ accounts and reconcile intercompany transactions
• Manage and maintain proper accounting for all properties and upstream corporate entities
• Interface with external bodies and stakeholders including auditors, accounting transaction support teams, third party property managers, co-owners, lenders, bankers and investment personnel, advisory and legal firms in coordination with the Controller as needed
• Prepare and submit payroll information for group companies, ensuring salaries are accurate and the appropriate amounts of deductions are processed to CRA in a timely manner
• Prepare HST filings for properties, as applicable
• Set-up wires & transfers in operational bank accounts portal for HST, corporate taxes and payroll deduction remittances to CRA
• Post monthly tenant rent charges and apply cash receipts to tenant accounts
• Support asset management team with tenant statement of accounts and queries
• Lease set-up, renewals and expiries, security deposit set-up and application to tenant accounts for new and expiring leases
• Prepare manual billing for any tenant chargeback as per lease.
• Coordinate with the insurance provider in the calculation & allocation of insurance payments among properties and the collection of insurance certificates from tenants
• Assist in managing a principal’s finances and administration which includes getting cash from Bank, pay bills and monitor accounts at home, condo and cottage; arrange flights, car delivery on travel as needed.
• Ad hoc tasks as assigned by the Controller

About You

• University degree in accounting
• Minimum 5+ years of real estate accounting experience
• Experience with commercial real estate
• Experience working with Spectra or Yardi is an asset
• Experience with accounting for real estate Joint Ventures and Limited Partnerships
• Experience working with budgets and conducting in depth variance analyses
• Strong analytical and excel skills
• Strong attention to detail
• Comfortable taking direction and working independently

Salary
$90,000/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 #346395

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.