Job Description

About Our Client

Our client is a widely diversified and long-standing real estate investment management organization with extensive experience in portfolio and property management. Our client is well-positioned to continue its investment growth through strategic acquisitions, partnerships, and reinvestment in its existing portfolio.

Commercial Property Accountant

On behalf of our client, we are seeking a

Property Accountant

to join their Accounting and Finance team, reporting to the Manager, Property Accounting. The successful candidate will be highly self- motivated, a natural team player, and have excellent problem-solving skills. They will provide reliable, timely, and efficient outcomes and facilitate continuous improvement in systems and procedures. The candidate will also possess a strong technical background in property accounting and CAM recoveries.

Full cycle accounting for a portfolio of office & industrial properties Preparation of monthly property financial statements, including Balance Sheet, Income Statement, supporting schedules, and CAM recoveries Prepare journal entries, bank reconciliations, budget variance analysis, cash flow forecasts, and other financial reporting on a monthly and quarterly basis Liaise with Property Manager regarding property operations and tenant activity to ensure accuracy of rent roll and monthly statements Assemble operating budgets for properties, including variance analysis and forecasting Generate intercompany charge-back billings and reconciliations Maintain capital budget and fixed asset module, including amortization of fixed assets Prepare year-end TMI reconciliations; compile detail and back-up for tenants and respond to CAM/realty tax invoice inquiries Work directly with the realty tax consultant on tax bills and tenant allocations Maintain financial integrity regarding tenant billings and property management; ensure compliance with lease agreements Perform monthly HST reconciliations, file HST returns, and ensure timely remittances for each property

Skills

College/University degree in Accounting, Finance, or a related field required CPA designation in progress or completed strongly preferred 2+ years of experience in the real estate industry, specifically in commercial property accounting and/or AR/AP Experience with Yardi; proficient in Microsoft Office, particularly Microsoft Excel Effective verbal and written communication skills Excellent organizational skills, high attention to detail, and ability to manage multiple deadlines Strong communication skills and a willingness to learn and expand the role Excellent judgment and ability to work independently as well as collaboratively in a team-oriented environment Friendly and professional demeanor with a positive attitude Willingness and ability to work in a fast-paced environment; adaptable and responsive to changing circumstances
If you would like to join a successful and dynamic organization, we invite you to submit your resume in format to:

nifemi@matrix360.ca or please call 416.703.3400

Job Type: Full-time

Pay: $70,000.00-$85,000.00 per year

Additional pay:

Bonus pay
Benefits:

Dental care Extended health care Paid time off
Schedule:

Monday to Friday
Application question(s):

Do you have your CPA or is it in progress? When is your expected completion date? Can you commute downtown Toronto 5 days a week?
Work Location: In person