Property Accountant

1 month ago

Old Toronto, Canada Pure Industrial Full time
About Us:

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:

Reporting to the Manager, Property Accounting, the successful candidate will be a self-starter, and a confident individual who possessesexcellent 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 operations.

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

• Month-end close procedures, including 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 Experience:

• 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 diversity 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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