Property Accountant

1 month ago

Vaughan, Ontario, Canada Accoravillage Full time
Job Title: Property Accountant

Accoravillage is seeking a highly skilled Property Accountant to join our team. As a Property Accountant, you will be responsible for ensuring the accurate and timely completion of financial reporting for assigned properties.

Key Responsibilities:
  • Financial Reporting: Prepare and deliver accurate and timely financial reports to project partners and co-owners.
  • Accounting Records: Maintain up-to-date accounting records for all properties, adhering to generally accepted accounting principles and company guidelines.
  • Reconciliations: Reconcile and maintain a full understanding of balance sheet and income statement accounts, preparing detailed variance analyses of revenue and expenses.
  • Tenant Billing: Review and post monthly rent roll, prepare rental charge notices, and deliver to tenants 60 days prior to the effective increase date.
  • Accounts Receivable: Reconcile and monitor accounts receivable, preparing accurate tenant chargebacks on a timely basis.
  • Property Tax Billings: Prepare property tax billings for tenants not billed monthly, in accordance with tenant leases and within 24 hours of receipt of the property tax bill.
  • Tenant Query Log: Maintain and clear tenant query log, ensuring tenant files are current at all times.
  • Tax Reconciliations: Reconcile and remit GST and other legislated taxes.
  • Cash Distributions: Prepare monthly cash distributions.
  • CAM/Tax Recoveries: Prepare all CAM/tax recoveries adjustment billings in accordance with tenant leases and deliver to tenants within 90 days of year-end.
  • Budgeting: Complete accounting portion of assigned budgets within assigned deadlines.
  • Auditor Requirements: Assist with auditor requirements, including company audit firm and partner/co-owner audit firms, as well as government audits when required.
  • Leasing and Disposition Fees: Ensure timely, accurate, and complete leasing and disposition fees.
  • Property Acquisitions and Dispositions: Assist in accounting of property acquisitions and dispositions, participating in due diligence and statement of adjustment phases as required.
  • Accounting Processes: 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 preferred.
  • 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.

Accoravillage is an equal opportunity employer committed to an inclusive and accessible recruitment and selection process. If you are contacted about an employment opportunity, please advise if you require accommodation.

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