Property Accountant

2 months ago

Vaughan, Ontario, Canada Accoravillage Full time
Job Summary

We are seeking a highly skilled Property Accountant to join our team at Accoravillage. As a key member of our finance department, you will be responsible for ensuring the accuracy and timeliness of financial reporting for our properties.

Key Responsibilities
  • Financial Reporting: Prepare and deliver accurate and timely financial reports for project partners and co-owners, including accounts receivable reconciliations, financial statements, and property tax billings.
  • Accounting Records: Maintain up-to-date accounting records for all properties, adhering to generally accepted accounting principles and company guidelines.
  • Balance Sheet and Income Statement Analysis: Reconcile and maintain a full understanding of balance sheet and income statement accounts, and prepare detailed variance analyses of revenue and expenses.
  • Rent Roll and Tenant Chargebacks: Review and post monthly rent roll, prepare accurate tenant chargebacks, and deliver rental charge notices to tenants 60 days prior to the effective increase date.
  • Accounts Receivable and Property Tax Billings: Reconcile accounts receivable accounts, prepare accurate tenant chargebacks, and prepare property tax billings for tenants not billed monthly.
  • Tenant Query Log and GST Reconciliation: Maintain and clear tenant query log, ensure tenant files are current, and reconcile and remit GST and other legislated taxes.
  • Cash Distributions and CAM/Tax Recoveries: Prepare monthly cash distributions and prepare all CAM/tax recoveries adjustment billings in accordance with tenant leases.
  • Accounting Portion of Budgets and Auditor Requirements: Complete the accounting portion of assigned budgets within deadlines and assist with auditor requirements, including the company's audit firm and partner/co-owner audit firms.
  • Leasing and Disposition Fees: Ensure timely, accurate, and complete leasing and disposition fees.
  • Property Acquisitions and Dispositions: Assist in the accounting of property acquisitions and dispositions and participate in due diligence and statement of adjustment phases.
  • Accounting Processes and Procedures: Continuously monitor and review accounting processes and procedures, recommending changes to improve internal controls and efficiencies.
Requirements
  • Education: University or college degree.
  • Professional Designation: Enrolled in 3rd or 4th level of a Professional Accounting designation (CGA, CMA).
  • Experience: Minimum 3 to 5 years accounting experience or 3 years property accounting experience.
  • Skills: Good oral and written communication skills, intermediate to advanced Excel skills, and working knowledge of Real Estate/Property Management Software (Yardi preferred).
Values

The Property Accountant shall conduct him/herself in a respectful and ethical manner in representing the Trust's interests. The Property Accountant shall demonstrate entrepreneurialism and behave like an 'owner' in carrying out daily tasks and responsibilities, demonstrating creativity and resourcefulness in achieving desired results. The Property Accountant must take accountability for decisions made and is expected to be a team player and work effectively with colleagues and associates in terms of input, sharing of ideas, and working to achieve common goals.

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