Property Accountant

1 month ago

Toronto, Canada Totem recruteur de Talent Full time
Totem is managing a search for a Senior Property Accountant on behalf of our real estate client in Vaughan, ON.

About the Company:

This leading development and property management firm boasts a diverse portfolio exceeding 16 million square feet across industrial, retail, and office spaces.

Position Summary:

Leveraging your accounting expertise, you'll analyse financial data, prepare comprehensive reports, and contribute to the organization's financial success.

Key Responsibilities: Prepare year-end financial data for external audits and address any inquiries. Create quarterly financial statements and covenant calculations for lenders. Reconcile income tax accounts to interim statements and official assessments. Handle stub period income calculations. Manage common area maintenance (CAM) and realty tax (RT) reconciliations. Develop and implement utility charge-back systems for high-usage tenants. Analyze lease agreements, ensuring accurate operating expense recovery. Address tenant inquiries regarding CAM and RT invoices. Collaborate with realty tax consultants on tax bills and tenant allocations. Record year-end audit entries, validate final financial statements, and deliver them to owners/partners. Uphold all company, client, and regulatory safety policies and procedures. Perform additional duties and projects as assigned. Minimum Qualifications: 3+ years of experience in property management accounting with a focus on ASPE application. Proficient use of Yardi Voyager and advanced Excel skills. Proven track record in preparing financial reports for external audits, quarterly statements for lenders, and reconciling income tax accounts. Experience analyzing lease agreements, managing CAM & RT reconciliations, and collaborating with realty tax consultants. Strong written and verbal communication skills demonstrated in a professional accounting environment. Preferred Qualifications: Professional accounting designation (CPA, CA, CGA, CMA, CFA). University degree in a relevant field. In-depth knowledge of relevant federal, provincial, and municipal reporting requirements. Intrigued by this position and think you might be a good fit? Contact Tim Dunn at t.dunn@totemtalent.ca to explore further.]]>

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