Property Accountant

4 weeks ago

Toronto ON, Canada Pure Industrial Full time

About U s:

Pure Industrial is one of Canada’s leading providers of industrial real estate, aiming to transform the Canadian warehousing and distribution landscape by providing a best-in-class industrial real estate offering and full-service supply chain solutions for our customers – from the first to the last mile.

Role Summary :

Report ing to the Manager, Property Accounting , t he successful candidate will be a self-starter, and a confident individual who possesses excellent time management and organizational skills . The candidate will be able to adhere to strict deadlines , be a strong team player, have an eye for detail and possess excellent verbal and written communication skills.

Core Responsibilities :

• Responsible for the full cycle day-to-day accounting which includes: preparing journal entries, accruals, reviewing accounts payable, completion of bank reconciliations, HST reconciliations, and balance sheet account reconciliations.

• Prepare CAM and Tax recoveries and reconciliations for properties.

• Prepare monthly cash flow projections and cash distributions.

• Review and generate monthly billings for tenants.

• Liaise with property management, leasing and other departments pertaining to daily operat ions.

• Oversee lease setup and create recovery models for newly acquired properties.

• Month-end close procedures, i ncluding the preparation of monthly financial statements and financial reports, as well as monthly variance analysis and discussion to support budget overages and margin erosions for assigned properties.

• Work with property management and other parties to prepare annual budgets and quarterly reforecasts.

• Assist with year-end audit processes through the preparation of audit working papers.

• Identify opportunities for process improvements or efficiencies.

• Other ad-hoc projects.

Required Skills and Expe rience :

• 2-3 years of property accounting experience required .

• CPA designation or working towards obtaining a designation .

• Excellent time management skills, ability to meet tight deadlines and attention to detail .

• Intermediate to advanced Excel skills .

• Excellent verbal and written communication skills .

• Experience with JV reporting and intercompany transactions is preferred .

• Experience with Yardi is preferred .

Our people are what makes us different. At Pure Industrial, we are committed to workplace div ersity and inclusion within our organization; therefore, we encourage all qualified persons from all backgrounds to apply. Accommodations are available, upon request, to all applicants with disabilities throughout our hiring process. Successful applicants will also be subject to a background check.

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