Job Description

Job Title:

Senior Property Accountant

Company:

Armadale Properties Limited

Location:

180 Renfrew Drive, Suite 100, Markham, ON

Employment Type:

Full-Time

Reports To:

Controller

About Armadale Properties Limited

Armadale Properties Limited is a family-owned and operated real estate investment and property management company specializing in commercial real estate across the Greater Toronto Area. With over four decades of industry experience, our strength lies in long-term ownership, hands-on management, and a commitment to maintaining exceptional properties for our tenants and stakeholders. Our close-knit team values collaboration, integrity, and a balanced approach to work and life

Position Summary

We are seeking a highly organized and experienced

Senior Property Accountant

to join our accounting team. This is a hands-on role responsible for full-cycle accounting for a portfolio of commercial properties. The ideal candidate brings strong technical accounting skills, attention to detail, and a proactive mindset to support financial reporting, budgeting, and property operations. You will work closely with the Controller and cross-functional teams to ensure accurate and timely financial management of our real estate assets.

Key Responsibilities

Full-Cycle Accounting & Reporting

Prepare accurate monthly and quarterly financial statements for a designated portfolio of commercial properties.

Manage all journal entries, accruals, and general ledger maintenance.

Complete monthly bank reconciliations and balance sheet account reconciliations.

Perform variance analysis and provide financial commentary to management.

Accounts Receivable & Payable

Oversee tenant billing, rent roll reconciliations, and collection of receivables.

Monitor and follow up on outstanding tenant balances.

Code, process, and reconcile supplier invoices and payments.

Ensure vendor payments are processed in a timely and accurate manner.

Budgeting & Forecasting

Support the development of annual operating budgets for assigned properties.

Work collaboratively with property management and ownership to analyze expenses and forecasts.

Assist in preparing cash flow projections and tracking actuals versus budget.

Year-End & Compliance

Prepare working papers and assist with the year-end review and audit process.

Support the preparation of HST filings and ensure compliance with tax and accounting regulations.

Ensure financial reporting aligns with company policies and internal controls.

Calculate the annual TMI reconciliation adjustment.

Process Improvements & Team Support

Recommend improvements to accounting processes and systems to enhance efficiency.

Provide guidance to Accounts Payable staff when needed.

Assist in ad-hoc analysis and special projects as directed by the Controller.

Other duties as required.

Qualifications

Diploma or degree in Accounting, Finance, or a related discipline.

Minimum 3 years of property accounting experience, ideally in commercial real estate.

Solid understanding of accounting principles and full-cycle accounting.

Proficiency in Microsoft Excel and familiarity with accounting software; Yardi Breeze is a strong asset.

Strong attention to detail, organizational skills, and ability to manage multiple priorities.

Excellent verbal and written communication skills.

Ability to work independently and collaboratively in a team-oriented environment.

Why Join Armadale

Stable, long-established company with a strong reputation in the industry

Supportive and collaborative work environment

Exposure to a diverse portfolio of high-quality commercial assets

Opportunities for growth and professional development

Commitment to work-life balance and employee well-being

salary commensurate with experience

How to Apply

Please submit your resume and cover letter to asoudy@armadalepm.ca . We appreciate all applications; however, only candidates selected for an interview will be contacted.

Job Type: Full-time

Pay: $60,000.00-$85,000.00 per year

Additional pay:

Bonus pay
Benefits:

Company pension Dental care Employee assistance program Extended health care On-site parking Paid time off RRSP match Tuition reimbursement
Schedule:

Monday to Friday
Ability to commute/relocate:

Markham, ON (L3R): reliably commute or plan to relocate before starting work (preferred)
Language:

English (required)
Work Location: In person