Job Description

Posted On: May 3, 2023

Property Accountant

We are on the search for an accounting professional who possesses full-cycle accounting experience, and has exceptional communication skills. This rewarding position is for the high-achiever who thrives in a fast-paced environment. The successful candidate will report directly to the Accounting Manager and be responsible for full cycle accounting of specified portfolio and the property level.

Your success will be defined by your ability to:

• Review and analyze AR and AP aged reports, work with Property Manager and AP Administrator to resolve outstanding issues
• Assist Property Manager with variance analysis
• Monitor and manage cashflow
• Approve invoices for payment in each cheque run
• Create units and revise area tables in Yardi as needed
• Review Lease Summary and activate tenants in Yardi
• Configure tenant CAM recovery model in Yardi
• Create & maintain Capital and Leasing Costs amortization and depreciation schedules
• Create & maintain Free Rent amortization schedules
• Create & maintain Straight Line Rent amortization schedule
• Manage & post PAD\xe2\x80\x99s in online banking
• Post all receipts in Yardi as per RECA requirements
• Post standard and recurring monthly journal entries
• Review and approve coding of invoices and GL descriptions
• Prepare interim and post final monthly bank reconciliations
• Prepare and post monthly utility accruals, identifying any outstanding bills
• Review and post monthly PO accruals
• Prepare monthly management fee invoices in compliance with property management agreement
• Calculate monthly Unbilled CAM accrual, revising workbook throughout the year to capture changes in occupancy and addition of newly developed structures
• Maintain accurate and complete Working Paper for all Balance Sheet items
• Track and record mortgages and Recoverable R&M amortization monthly
• Assemble monthly financial statement packages as per clients\xe2\x80\x99 requirements
• Prepare draw request package as per client\xe2\x80\x99s specifications
• Prepare monthly distribution calculations as per client\xe2\x80\x99s requirements
• Analyze and provide monthly reforecasting, as needed
• Prepare and file GST returns
• Create budget workbooks for Property Manager expense entry and leasing assumptions
• Update recovery workbook as per Property Managers leasing assumptions and new build
• Prepare year end CAM reconciliations as per tenant leases
• Prepare supporting documents for annual audits and respond to audit requests

Your strengths include:

• 3+ years full-cycle property accounting experience
• Post-secondary education in Accounting/Finance or a related field is preferred
• Exceptionally strong oral, written and interpersonal skills to communicate with employees at all levels of the organization
• Intermediate to advanced computer proficiency
• Highly organized with the ability to multi-task and prioritize to meet strict deadlines
• Ability to work independently with little to no supervision, as well as cooperatively as a team-member.
• Thorough knowledge and understanding of budgeting principles and processes, inclusive of working knowledge in excel spreadsheets and formulas
• Strong knowledge of leasing principles and strategies
• Management skills relating to leadership, performance management, employee relations and tenant relations
• Strong analytical skills and knowledge in accounting procedures and account reconciliation
• Well-developed interpersonal skills including oral and written communication
• Exceptional organization skills, attention to detail, and ability to multi-task with multiple projects and deadlines

If you are interested in this role and meet the above criteria, please click the \xe2\x80\x9cApply\xe2\x80\x9d button to send your resume directly to Lily Brooks.

Recruitment Partners Inc. is an Alberta-based, Alberta-focused recruitment firm. We are dedicated to building long-term relationships while securing top talent for Alberta\xe2\x80\x99s best employers. At the heart of our efforts is a collaborative, consultative approach. We are proud of our team of consultants, who come with practical business experience, a strong network of professional contacts, and are focused on what is best for both clients and candidates. We will facilitate the best fit between client and candidate. This means reduced turnover, enhanced employee engagement, increased productivity and customer satisfaction, and more.

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Contact us today - Your Search Partner \xe2\x80\x93 www.recruitmentpartners.ca!

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