Property Accountant

1 month ago

Toronto ON, Canada BGO group Full time

Intermediate Property Accountant, Residential (Hybrid)
Full-Time
Intermediate Property Accountant
Who We Are: BGO is a leading, global real estate investment management advisor, real estate lender, and a globally recognized provider of real estate services. BGO serves the interests of more than 750 institutional clients with expertise in the asset management of office, industrial, multi-residential, retail and hospitality property across the globe. BGO has offices in 28 cities across fourteen countries with deep, local knowledge, experience, and extensive networks in the regions where we invest in and manage real estate assets on behalf of our clients in primary, secondary and co-investment markets. BGO is a part of SLC Management, which is the institutional alternatives and traditional asset management business of Sun Life. BGO promotes a corporate culture that attracts and retains the highest caliber people. The Opportunity: The Property Accountant is responsible for adding value to BGO staff and clients by providing accurate and timely financial information that helps them to better manage their properties and budgets, make timely decisions, provide meaningful financial reports, and monitor and control cash flows.
Handle full-cycle accounting for a portfolio of residential and mixed-use properties.
Produce monthly Financial Statements according to IFRS/ASPE or as specified by client policy/requirements.
Reconcile, analyze, and understand all Balance Sheet accounts.
Prepare and record operating costs and realty tax adjustments monthly.
Ensure all HST, GST, QST and other legislated taxes and assessments are reconciled and remitted on a timely basis.
Monitor cash flows positions with special attention to monthly mortgage payments, payroll billings, management fees, property taxes, Tax remittances, capital and leasing costs, and any other major monthly expenditure.
Support site in reconciliation and invoicing of tenants as due
Supply tenant analysis and statements of accounts as required.
Complete year end operating cost adjustments and tenant billings for assigned properties within 90 days of operating yearend.
Prepare property budgets within assigned deadlines.
Provide input/feedback for improving procedures and initiating quality and efficiency enhancements.
Embrace and proactively support BGO's culture of environmental responsibility and social responsibility.
Previous full-cycle accounting experience an asset.
~2-3 years residential/mixed-use property accounting experience an asset, including full cycle property accounting, CAM/Tax recoveries, and financial statement preparation.
~ Computer Skills: intermediate to advance skills in Excel, Word, and other Microsoft Office programs; knowledge of Yardi an asset.
~

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