Senior Property Accountant
6 days ago
A leading Canadian real estate investment and asset management firm with over $1B in property under management, consisting of 2,800+ multi-family units and 2,000+ units in development. The company's ethos focuses on fostering financial prosperity and community value through strategic Canadian real estate investments. With over 15 years of experience acquiring, managing, and operating multi-residential properties across Canada, the firm has earned a strong reputation among real estate investors. Its success is driven by a people-first culture that emphasizes personal and professional growth for its team members.
Reporting directly to the Accounting Manager, we are looking for a Senior Property Accountant to join their fast-paced team, who will be responsible for supporting a dedicated portfolio of properties, the group of companies and the finance teams through their continued growth. This individual will be responsible for full cycle accounting duties while supporting the day-to-day accounting functions of the property operations team for a diversified group of companies focused on real estate asset management.
- Responsible for full cycle property accounting for a dedicated portfolio of properties and corporate consolidated entities.
- Assist in full monthly and quarterly financial and management reporting.
- Assist in the oversight and maintenance of the general ledger for the group of companies and portfolio of properties.
- Perform month-end accounting cycle entries while ensuring the accuracy of all transactions and subledgers and maintaining all corporate workbooks.
- Post monthly recurring entries which include mortgages, pre-payments, property taxes, accruals of expenses, deferred financing costs, and related party transactions.
- Post asset acquisition entries, mortgage, and refinance journal entries as well as property acquisition and disposition entries.
- Complete reconciliations for all balance sheet accounts including bank accounts and credit cards.
- Accounts Receivable, includes processing payments, creating, and posting intercompany invoices, and ensuring accurate recording of tenant transactions.
- Assist Accounts Payable with property related payables.
- Support the implementation of accounting changes and other process improvements.
- Support ad-hoc projects with the Accounting Manager.
- File and process HST returns and payments for all corporations within the CRA deadlines.
Requirements
- Bachelor's Degree in Accounting/Finance, real estate and/or related field.
- Minimum 3-5+ years of experience in accounting, preferably in the real estate industry and/or fund management.
- Professional Accounting Designation (CPA-CA, CGA, CMA) or actively enrolled in the CPA program (midway through or nearing completion) is an asset.
- Highly organized with the ability to multitask and work under pressure.
- Dedicated team player with a positive attitude and the flexibility to get the job done.
If you are already registered with The Mason Group, please contact your Recruiting Consultant directly with reference to job #19380.
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