Complexity and Scope of the position
The Property Accountant is responsible for providing financial support to Canadian Retirement homes.
Key Activities
Based on Chartwell's business plan and corporate goals, and in consultation with the Senior Accounting Manager, the Property Accountant will be responsible for:
Producing accurate and reliable property-level financial reporting packages in strict adherence to the set procedures for the portfolio of assigned properties;
Providing financial analysis and support to the properties' management and internal departments with regards to concerns, reporting issues and variance explanations;
Reviewing and completing analysis on Balance Sheet and Income Statement by property to verify account balances and determine reasonableness of revenues and expenses;
Distributing financial packages, with discussion of variances, to operations and finance managers/executives for their review; within the set deadlines.
Preparing monthly bank reconciliations and reviewing for accuracy and completeness;
Preparing all regulatory filings (GST, PST, QST, WSIB, and others, if applicable) and ensuring compliance of payment, reporting and other tax requirements are up to date;
Assisting in the quarterly review and annual auditing processes, as required;
Supporting the integration of new properties and the disposition of existing ones., as required;
Assisting the Accounting Manager by providing required financial information to lenders via the Senior Vice President, Real Estate Finance;
Working collaboratively with property/operations management to develop and analyze the annual property budgets, including capital budgets;
Continuously striving to develop recommendations for process enhancements to optimize property-level financial reporting;
Performing special projects as requested.
Qualifications
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