Senior Property Accountant
1 month ago
Our client in the Property Management sector is seeking a Senior Property Accountant to join their organization on a permanent basis. The role will require working in office, at Yonge & Eglington (midtown Toronto), 3 days a week.Responsibilities:Full cycle accounting responsibilities for financial statement preparation which includes balance sheet reconciliation and adequate documentationPrepare reporting and variance analysis on an individual property basis and/or consolidated limited partnership portfolio basisConsolidate and prepare the annual budget and reforecast on a periodic basisWork proactively with the Operations and Leasing team to identify issues regarding the monthly financial results, tenant CAM / TAX questions, and provide guidance on proper accounting policiesCollaborate with Development Team by preparing and updating budgets, contracts, and forecasts in Yardi Job Cost/Construction Management modulePrepare audit and tax working papers. Draft financial statement reports with supporting notes in accordance with ASPEdentify and review old or significantly high accounts receivable balances for allowance setup or bad debt write offsAssist the team leader to ensure that the overall team monthly reporting is completed on time and accuratelyCoordinate the integration of new properties into the accounting work flow and reporting structure (acquisitions) and also assist with dispositions, as required.Participate in the monthly Operations / Accounting meetings on portfolio planning and the discussion and presentation of property resultsAct as a systems and process support for Accounting and OperationsSupport and implement special project initiatives including; documentation, process efficiencies, and implementation of system related improvementsMentor and train newly hired and junior Property Accountants on the monthly reporting process, accounting policies and procedures, and accounting systemPrepare HST reconciliations and returnsQualifications:Accounting designation preferred (CMA / CGA / CA / CPA)Bachelor’s degree in an accounting related field of studyMinimum 3 years of property accounting experienceHighly proficient in Microsoft Office with a emphasis on Excel, Outlook and PowerpointYardi Voyager experience is requiredCompensation: $80k-90k base annual salary; weeks vacation; medical and dental benefits; 10% bonus
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