PROPERTY ACCOUNTANT

Join to apply for the PROPERTY ACCOUNTANT role at Duka Property Management Inc.Join to apply for the PROPERTY ACCOUNTANT role at Duka Property Management Inc.Get AI-powered advice on this job and more exclusive features.Property AccountantWe are looking for a Property Accountant for a mixed portfolio of Condominium Corporations.Property Accountant reports directly to the Vice President of Finance and each Property Accountant is assigned a portfolio of properties managed by Duka Property Management Inc. The Property Accountant is responsible for the accurate recording of all accounting transactions and timely preparation of all financial statements. He/she ensures that the accounting procedures conform to the Generally Accepted Accounting Principles of Canada and comply with the Condominium Act, 1998 and company’s policies and procedures.The Property Accountant is required to work independently with the least amount of supervision. The Property Accountant is expected to develop a good working rapport with owners and trades. A diplomatic professional attitude must be maintained at all times when dealing with the public and owners of the Corporation.The successful candidate will have 2+ years of experience in Condominium Property Management, post-secondary education, advanced knowledge of computer and good communication skills.Below are the outlines of the Property Accountant responsibilities (including but not limited to):Prepare and send to Condominium Managers/Vice President of Finance the Condominium Corporations’ monthly financial statements on or before the 15th day of each monthPrepare Condominium Corporations’ bank reconciliations.Review the accounting records/transactions and make correction/adjustments if necessary. Report to the Vice President of Finance on any abnormalities noticed.Assist Condominium Managers in preparation of the annual budget by providing data, analysis and reports as required.Post Condominium Corporation’s approved budget in the system.Process month and year end periods in the accounting software, including any changes in utility setups.Give full support/assistance to the Vice President of Finance.Monitor the financial positions of the properties and report to the Condominium Managers of any abnormalities noticed.Review periodically the financial statements of all the properties to ensure the timely monthly reserve fund contribution, payment of all bills; the investments are in compliance with the Condominium Act, 1998.Ensure the invoice payments from the operating and reserve fund accounts are appropriate (in compliance with the expense nature as specified in the Condominium Act, 1998).Provide suggestions to Condominium Managers on the investment instruments/terms for Board of Directors to consider.Monitor and/or calculate charge backs, including Shared Facilities, commercial components, reciprocal agreements, utilities etc.Give full assistance to the Condominium Corporations/CRA Auditors in their course of auditing.Book audits, prepare audit documents and records, post audit adjustment entries.On taking over of new properties, ensure all documents are received. Review the accounts/documents and assist the accounting staff to record into the system.Post opening balances for new Condominium Corporations.When turning over existing Corporations, ensure all records/documents are in good order and are forwarded in a timely manner to the Vice President of Finance, prior to being released to the new management company.Assist Condominium Managers/ Vice President of Finance or other senior executives to prepare ad hoc reports.Assist Accounts Payable/Accounts Receivable Specialists to resolve any problems that may arise.Prepare and conduct frequent meetings with the Accounting team.Attend Senior Management Meetings as required.Perform other duties as may be required.Compensation Package Will IncludeCompetitive SalaryExtended Health Care, Dental, Vision, ADD & Life InsuranceApplication ProcessApplication ProcessApplicants should submit a resume and cover letter outlining how they meet the specific requirements of the position. Duka welcomes diversity in the workplace and encourages applications from all qualified applicants. We are committed to accommodating applicants’ needs in accordance with the Accessibility for Ontarians with Disabilities Act (AODA) and the Ontario Human Rights Code throughout the selection process. Please contact our Human Resources department should you need accommodation.Interviews will begin as early as suitable candidates are identified. We thank all applicants in advance for their interest; however, only those invited to an interview will be contacted.Back to CareersBack to CareersSeniority levelSeniority levelEntry levelEmployment typeEmployment typeFull-timeJob functionJob functionAccounting/Auditing and FinanceIndustriesBusiness Consulting and ServicesReferrals increase your chances of interviewing at Duka Property Management Inc. by 2xGet notified about new Property Accountant jobs in Mississauga, Ontario, Canada.Toronto, Ontario, Canada CA$42,000.00-CA$46,000.00 2 weeks agoToronto, Ontario, Canada CA$65,000.00-CA$80,000.00 3 weeks agoProperty Accountant (Contract - 17 months)Toronto, Ontario, Canada CA$60,000.00-CA$80,000.00 22 hours agoVaughan, Ontario, Canada CA$100,000.00-CA$100,000.00 1 week agoToronto, Ontario, Canada CA$70,000.00-CA$80,000.00 2 weeks agoWe’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr