Property Accountant

Scarborough, ON, Canada

Job Description

First Capital [TSX: FCR.UN] is a leading owner, operator, and developer of mixed-use real estate located in Canada's most densely populated cities. First Capital's focus is on creating thriving urban neighbourhoods to generate value for businesses, residents, communities and our investors. We strive for performance excellence at our properties and new developments, creating healthy and sustainable urban neighbourhoods. As one of the Greater Toronto Area's top employers, we foster a vibrant corporate culture that ensures equal opportunity and well-being for all employees in a dynamic and rewarding workplace.
SUMMARY:
Reporting to the Accounting Manager, the Property Accountant will be responsible for the full cycle of accounting duties for an assigned portfolio of revenue-generating properties.
PRIMARY RESPONSIBILITIES:

  • Complete monthly, quarterly, and yearly preparation and reporting of property financials including balance sheet, income statement, capital expenditures, leasing costs and operating cost recoveries.
  • Prepare monthly property-level financial variance analysis on Net operating income (NOI), Common Area Maintenance (CAM), and Tax recovery shortfall & ratios.
  • Prepare monthly tenant level recovery accruals and final year end billings.
  • Assist in the preparation and review of portfolio consolidation reporting.
  • Participate in quarterly reforecast and annual budget process.
  • Liaise with various departments regarding related accounting matters, provide accounting guidance and respond to queries.
  • Participate in special projects and take on other duties, as assigned.
KNOWLEDGE, EXPERIENCE AND SKILLS:
Required level of education and job-related experience:
  • Post-secondary education, preferably in accounting.
  • Two (2) to three (3) years of related work experience.
  • Lease interpretation experience is an asset.
Specific Skills:
  • Excellent problem-solving skills with ability to make sound judgment decisions on property accounting transactions.
  • Well-developed communication and organizational skills.
  • Superior analytical skills with ability to gather information and synthesize it.
  • Proficiency with Microsoft Office and intuitiveness for learning new applications.
  • Strong understanding of computerized accounting systems (experience with JD Edwards and Tenant share is an asset).
  • Professional designation or working towards an accounting designation is highly desired.
WHAT WE OFFER
We invest in People. Along with our competitive compensation packages—we're always thinking of new ways for our people to share in the company's success. We are very proud to offer the following to our employees:
  • Flexible Hours
  • Remote workdays
  • Company-matched savings plans
  • Annual Wellness Subsidy
  • Tuition & Development Program
  • Employee Referral Program
  • Rewards and Recognition Programs
  • Paid time off during December holiday season
  • Parental leave benefits
Our people are what makes us different. At First Capital we are committed to workplace diversity and inclusion within our organization, therefore, we encourage all qualified persons from all backgrounds to apply. Accommodations are available, upon request, to all applicants with disabilities throughout our hiring process.

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Job Detail

  • Job Id
    JD2035370
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Scarborough, ON, Canada
  • Education
    Not mentioned