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Senior Property Accountant
1 month ago
Our client in the Property Management sector is seeking a Senior Property Accountant to join their organization on a permanent basis. The role will require working in office, at Yonge & Eglington (midtown Toronto), 3 days a week.
Responsibilities:
Full cycle accounting responsibilities for financial statement preparation which includes balance sheet reconciliation and adequate documentation
Prepare reporting and variance analysis on an individual property basis and/or consolidated limited partnership portfolio basis
Consolidate and prepare the annual budget and reforecast on a periodic basis
Work proactively with the Operations and Leasing team to identify issues regarding the monthly financial results, tenant CAM / TAX questions, and provide guidance on proper accounting policies
Collaborate with Development Team by preparing and updating budgets, contracts, and forecasts in Yardi Job Cost/Construction Management module
Prepare audit and tax working papers. Draft financial statement reports with supporting notes in accordance with ASPE
dentify and review old or significantly high accounts receivable balances for allowance setup or bad debt write offs
Assist the team leader to ensure that the overall team monthly reporting is completed on time and accurately
Coordinate the integration of new properties into the accounting work flow and reporting structure (acquisitions) and also assist with dispositions, as required.
Participate in the monthly Operations / Accounting meetings on portfolio planning and the discussion and presentation of property results
Act as a systems and process support for Accounting and Operations
Support and implement special project initiatives including; documentation, process efficiencies, and implementation of system related improvements
Mentor and train newly hired and junior Property Accountants on the monthly reporting process, accounting policies and procedures, and accounting system
Prepare HST reconciliations and returns
Qualifications:
Accounting designation preferred (CMA / CGA / CA / CPA)
Bachelor’s degree in an accounting related field of study
Minimum 3 years of property accounting experience
Highly proficient in Microsoft Office with a emphasis on Excel, Outlook and Powerpoint
Yardi Voyager experience is required
Compensation:
$80k-90k base annual salary; weeks vacation; medical and dental benefits; 10% bonus
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