Property Accountant

Toronto, ON, Canada

Job Description


THE ROLE Join Triovest as a Property Accountant at our downtown Toronto office. In this role, you will work alongside the Property Accounting team in the preparation of financial and management reports, quarterly forecasts and annual budgets. You will bring value to our client’s business objectives as well as our internal teams by providing technical accounting expertise and strong financial reporting for the assigned portfolio. If you have full-cycle accounting experience and are interested in stepping into the Commercial Real Estate industry, we look forward to hearing from you! WHY CHOOSE TRIOVEST? At Triovest, we have clear guiding core values and principles, and we live by them every day in everything we do. When you join us, you will find that collaboration and trust go hand-in-hand, creating genuine relationships with colleagues, leaders, shareholders, and clients. As we grow and evolve, you can too. There is ample opportunity to build your skills and grow in your career while working on exciting, industry-leading projects. Your potential is limitless. Here is some of the great benefits that our employees enjoy:

  • A comprehensive health benefits package, including a health spending account and personal spending account, access to virtual health, and an employee and family assistance program (EFAP)
  • Personal & sick days
  • National and local social committees – fun events, webinars and team building activities held throughout the year for employees
  • Speaker Series to support diversity, equality, and inclusion
  • Corporate Charity Program – making a positive difference and supporting our communities through paid volunteering days and charity matching
  • Tuition for training & development
  • Employee Referral Program – our people are our greatest asset, we’re always looking to grow our teams, and we offer a substantial Employee Referral Program
  • Discounted membership fees with GoodLife
  • Cell phone plan discounts with Rogers
WHAT WILL YOU BE DOING?
  • Maintain the property management books for the assigned commercial portfolios.
  • Review A/R and A/P transaction reports ensuring accuracy.
  • Review preliminary monthly statements and generate financial statements to complete the monthly reporting package.
  • Assist the Operations Group in preparation of the annual budget.
  • Complete the analysis of all capital costs incurred.
  • Prepare quarterly financial reporting packages to clients.
  • Prepare monthly journal entries, A/R adjustments and submit the monthly tax reconciliations.
  • Review and approve cheques, management fees, leasing fees and chargeback invoices to tenants.
  • Prepare annual CAM (Common Area Maintenance) & Realty tax adjustments.
  • Review and post rent rolls.
  • Support the property manager in answering tenant queries.
  • Review and update tenant lease information in Yardi.
  • Maintain year end working paper files including the preparation of CAM and Realty Tax adjustments.
  • Prepare year-end audit working paper files with supporting schedules.
WHAT ARE WE LOOKING FOR? We believe success in this role will demonstrate itself through the following attributes and skills:
  • The ideal candidate is highly organized with a keen eye for detail, strong financial acumen, a high level of business maturity and solid decision-making skills.
  • The successful person will possess deeply rooted emotional intelligence and be a thoughtful and humble collaborator. As well, they must be self-starter, a strategic thinker and have a service-oriented attitude that will encourage continuous improvement of service and performance.
  • Strong interpersonal skills with an outstanding level of integrity that will gain the trust and respect of staff and external stakeholders.
  • Demonstrated ability to effectively prioritize in a demanding, high paced environment.
  • Ability to resolve complex issues and unforeseen obstacles quickly and efficiently.
  • Must be inclusive and supportive of the diversity within the Triovest team.
  • A willingness to admit mistakes and easily digest constructive feedback, using it as a learning opportunity.
  • The ability to work both independently and as part of a team in a collaborative and respectful manner.
  • A cheerful, professional and polite disposition with the innate ability to turn a negative into an opportunity.
  • Exceptional and articulate communication skills are required for critical conversation.
To fulfill this role successfully, you should demonstrate the following minimum qualifications:
  • Post-secondary education in accounting.
  • Working towards a CPA designation is an asset.
  • 1-2 years of progressive property accounting experience within the commercial real estate industry.
  • A strong understanding of CAM and Tax recoveries, being able to calculate and record the tenant unbilled operating costs and property tax amounts on a monthly basis.
  • Excellent knowledge of Microsoft Excel, able to use pivot tables and complex financial formulas.
  • Knowledge of commercial property accounting software such as Yardi.
  • Strong analytical and problem solving skills.
ABOUT TRIOVEST Triovest is a Canadian investment manager and developer of institutional-quality commercial and residential properties. The company offers a full suite of complementary real estate services, including asset management, leasing, property management, sustainability, and risk-mitigation services. Its portfolio of office, industrial, residential, retail, and mixed-use properties is valued at over $12 billion, with $2 billion currently under development. With more than 45 million square feet of real estate assets under management on behalf of individual and institutional investors, Triovest is one of the largest privately-owned commercial real estate companies in Canada. We believe that the quality of our people directly impacts the quality of our work, therefore we place a high value on attracting and retaining exceptional individuals. Triovest fosters a hands-on approach to value creation for our clients through innovation and collaboration. Learn more about Triovest by visiting our website. Triovest is an Equal Opportunity Employer We believe in the power of diversity and we are dedicated to creating a diverse, equitable and inclusive environment at Triovest. Accommodation for applicants with disabilities is available upon request during the recruitment and selection process. For all internal and external applicants who require accommodation in the recruitment and selection process, please contact eboyack@triovest.com for assistance/support. Vaccination Policy Triovest requires all employees to be fully vaccinated against COVID-19. An exemption from this requirement is provided on an exceptional reason, such as medical, creed or religious reasons in accordance with the relevant Human Rights legislation in the province in which you work. #LI-DNI #INDHP

Education

Preferred
  • Bachelor's degree or better in Accounting

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Job Detail

  • Job Id
    JD2018943
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Toronto, ON, Canada
  • Education
    Not mentioned