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Property Accounting Manager

2 months ago


Old Toronto, Ontario, Canada Crown Property Management Inc. Full time
Job Summary

Crown Property Management Inc. is seeking a highly skilled Property Accounting Manager to join our team. As a key member of our accounting department, you will be responsible for providing reliable and timely financial reports for properties managed by Crown.

Key Responsibilities
  • Financial Reporting: Ensure monthly financial reports are delivered accurately and timely, and all accounting records are kept up to date within guidelines.
  • Accounting Oversight: Oversee and manage the property accounting team, providing guidance and support as needed.
  • Auditor Support: Assist with auditors' requirements and ensure compliance with all relevant accounting standards.
  • Budgeting and Forecasting: Review and assist Property Managers in the completion of annual budgets, and provide financial guidance to support business decisions.
  • Property Acquisitions and Dispositions: Assist in the accounting of property acquisitions and dispositions, including due diligence and preparation of statement of adjustment and post-closing adjustments.
  • Process Improvement: Continuously monitor and review accounting processes and procedures, recommending changes as appropriate to ensure internal controls and/or efficiencies are improved to meet industry best practices.
  • CAM and Tax Recoveries: Responsible for CAM & Tax recoveries, including year-end billing.
  • Capital Costs Tracking: Assist in capital costs tracking and ensure accurate and timely reporting.
  • Working Papers Review: Responsible for review of working papers and ensure accuracy and completeness.
  • Software Implementation: Assist with Yardi upgrades and implementations of new accounting software/modules.
  • Property Administration Support: Support the property administration staff in the financial management of their properties.
  • Standard Operating Procedures: Developing and maintaining Standard Operating Procedures for accounting functions.
Requirements
  • Education: Bachelor's Degree or College Diploma in Accounting, or related field; and Professional accounting designation (CPA).
  • Experience: 5-10 years accounting experience within a commercial real estate company, with experience supervising junior or senior level accountants.
  • Skills: Excellent knowledge of accounting practices applicable to real estate, property management, budgeting, tenant chargebacks, financial and management reporting. Advance excel skills and working knowledge of real estate and property management financial accounting systems and software.
  • Personal Competencies: Supports teamwork environment with positive and professional attitude, open to learning, developing new skills/knowledge, focuses on results, anticipates problems, identifies solutions, takes action, understands all aspects of job - impact on business goals, proactively assesses, responds to workflow deficiency, and adheres to Crown policies, goes the 'extra mile' to understand and respond to tenant/customer needs, flexibility to changing work conditions including interruptions and multi-tasking ability, behaves and makes decisions that support Crown goals/objectives, conducts business consistent with sustainability, strong written and verbal communication skills, understand basic financial management; specifically procedures for expenses/revenues, ability to work independently and under pressure, deal with deadlines, demonstrates integrity in decision making, listening, treatment of others, mentors and develops others.