Property Accountant

Toronto, ON, Canada

Job Description


Why join us?

Are you looking to join an innovative, global real estate company who builds communities and connects people to exceptional places? If so, we would love to tell you our story.

At Oxford, our culture is truly one of a kind. Across business lines and around the world, we embrace the complex and tackle opportunities with speed and agility. We are ambitious and humble, forward looking and service-focused. We get stuff done, and have fun doing it! We take great pride in contributing to the communities where we live. We believe that what is good for the environment is good for business. Together we deliver exceptional experiences to our over 2 million daily customers.

We are looking for a Property Accountant to join Oxford\xe2\x80\x99s Accounting team. The successful candidate will be responsible for the day-to-day accounting for a specific portfolio. Responsibilities include general ledger accounting, preparing financial statements, reviewing financial statement results, preparing analysis on an individual and/or consolidated portfolio basis, ensuring regulatory compliance and providing accounting support to the operations group.

This role requires strong attention to detail, communication skills and the ability to multitask in a complex environment. Experience working in the real estate industry and large organization with a complex legal entity structure is an asset.

As a member of this team, you will be responsible for:

  • Responsible for all aspects of general ledger accounting including preparing monthly journal entries, bank reconciliations, etc.
  • Prepare reporting and analysis to joint venture partner, lenders and Corporate Accounting group.
  • Prepare real estate tax, operating expense and other CAM (escalation billings) for tenants
  • Prepare statutory and audited financial statements for regulatory and lender reporting requirements
  • Work proactively with the tax team and external advisors to ensure compliance with US REIT requirements
  • Assist the Manager to ensure that the overall team monthly reporting is completed on time and accurately
  • Work proactively with the Operations team to identify issues regarding the monthly financial results, reporting packages to clients, tenant escalation / tax questions, and provide guidance on proper accounting policies
  • Participate in the monthly Operations / Accounting meetings on portfolio planning and the discussion and presentation of property results
  • Work with the Asset Managers and other interested parties to coordinate the creation and flow of financial data, budgets and reforecasts
  • Participate in the development, training, and implementation of new accounting policies, controls, and procedures
  • Act as a systems and process support for Accounting and Operations
  • Support and implement special project initiatives including documentation, process efficiencies, and implementation of system related improvements
  • Work with independent auditors and create work papers to be used in conjunction with audits.
  • Reviewing and analyzing tenant leases
  • Other tasks and responsibilities as assigned in order to maintain accurate and efficient workflow and reporting
  • Propose recommendations for process improvement of standardized reporting, policies and procedures to support efficiency and effectiveness of day to day activities
To succeed in this role, you:
  • Have a university degree
  • Completion of or working towards a CPA designation
  • Minimum 3-5 years of experience in Property Accounting in Office or Retail sectors
  • Proven financial analytical skills
  • Excellent verbal and written communication skills with the ability to effectively communicate across all levels within, as well as outside the organization
  • Strong interpersonal skills with the ability to deal effectively and professionally under pressure or in stressful situations
  • Independent, self-starter, and also works well in a team-based environment
  • Excellent time management and organizational skills and the ability to manage conflicting priorities within structured deadlines and deliverables
  • Advanced Microsoft Excel skills and proficient with Microsoft Word and Outlook
  • Excellent knowledge and experience related to technology and accounting systems in a real estate environment (JD Edwards preferred)
Our story:

Oxford Properties Group (\xe2\x80\x9cOxford\xe2\x80\x9d) is a leading global real estate investor, asset manager and business builder. It builds, buys, and grows defined real estate operating business with world-class management teams. Established in 1960, Oxford and its portfolio companies manage approximately C$87 billion of assets across four continents on behalf of their investment partners. Oxford\xe2\x80\x99s owned portfolio encompasses office, logistics, retail, multifamily residential, life sciences, hotels, alternatives and credit in global gateway cities and high-growth hubs. A thematic investor with a committed source of capital, Oxford invests in properties, portfolios, development sites, debt, securities, and real estate businesses across the risk-reward spectrum. Together with its portfolio companies, Oxford is one of the world\xe2\x80\x99s most active developers with over 80 projects currently underway globally across all major asset classes. Oxford is owned by OMERS, the Canadian defined benefit pension plan for Ontario\'s municipal employees.

For more information on Oxford, visit

OMERS is committed to having a workforce that reflects the communities in which we live and work. We are an equal opportunity employer committed to a barrier-free recruitment and selection process. At OMERS inclusion and diversity means belonging. How we create a sense of belonging is through our employees and our vast network of Employee Resource Groups. Whether you are passionate about gender, pride, or visible minorities, we have groups that are focused on making a difference in all of our lives.

Omers

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Job Detail

  • Job Id
    JD2208607
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Toronto, ON, Canada
  • Education
    Not mentioned