Job Description

Job Highlights

City Toronto

Type Direct Hire

Salary $95,000

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About the Company
Our client is a residential development company. They are looking for a Senior Accountant, Property Accounting who will be responsible for full-cycle accounting of multifamily properties, applying consistent accounting principles and procedures to record and analyze financial information, maintain the integrity of the financial records, provide transparent and accurate financial information to Senior Management, prepare complete and timely financial reports, and ensure adherence to appropriate accounting controls and policies.

Why Work Here

• Many candidates who have joined the team have been promoted
• Lannick placed a Senior Accountant in 2016 and she is now a Senior Manager
• Growing firm; Hard work is recognized
• Recently they have been acquired by Blackstone in a $3.5B deal which is positive news for the prospect of the company\'s future

About the Opportunity

• Perform full-cycle accounting duties for assigned property portfolio such as accruals, adjustments, amortizations, reclasses, and gross potential rent/vacancy loss analysis
• Review monthly property financials to assess accuracy/completeness while collaborating with Asset and Property management to provide meaningful variance analysis explanations
• Prepare monthly balance sheet reconciliations and schedules for proper amortization/depreciation, accruals, true-ups, etc
• Coordinate and articulately communicate with internal and external customers, including, but not limited to property managers, maintenance staff, management, auditors, tax consultants, etc
• Assist with the preparation and review of monthly and quarterly financial reporting packages for both internal and external stakeholders
• Analyze current and historical financial results, perform variance analysis of key metrics, identify trends and recommend actions
• Actively monitor financial statement deliverables and communicate to stakeholder
• Participate on special projects and perform other tasks as assigned
• Assist with audit requests, including general audit inquiries, preparation of schedules/reports, support data and schedules, and testing of internal controls
• Analyze property-related transactions to ensure accuracy, completeness, compliance, and reasonableness
• Participate in research of accounting transactions and financial reporting such as budget-to-actual or month-over-month variance analysis
• Assist with system and process improvements to enhance financial reporting and accounting efficiency
• Develop and maintain standard operating procedures and training documentation
• Support management with special research projects and presentations, as required

About You

• Thorough knowledge of generally accepted accounting principles and international financial reporting standards
• 5+ years property management/real estate experience
• Bachelor\'s Degree in Accounting or Finance

Salary Range
$85,000 - $95,000/year

How to Apply
Click the \xe2\x80\x9cApply Now\xe2\x80\x9d button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.
When referencing this job, quote #401026

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client\'s requirements for this role.

Lannick