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Property Accountant

2 weeks ago

Toronto, Ontario, Canada Crown Property Management Inc. Full time

Position Summary and Objectives

The Property Accountant reports to the Supervisor, Property Accounting to provide reliable and timely financial reports for properties managed by CPMI on an efficient basis and provide efficient support to property managers and administrators. This role would require the incumbent to travel to Crown's head office in Toronto for training and other job-related purposes.

Responsibilities
Provide Superior Returns to our Investors through Accurate and Reliable Financial Information

  • Maintain the property accounting records for the assigned Commercial portfolio
  • Generate monthly financial statements and supporting schedules
  • Assist in reconciliation of capital projects costs
  • Complete the analysis of all capital costs incurred
  • Enter journal entries, A/R adjustments
  • Prepare annual Common Area Maintenance (CAM) and Tax final billing adjustments
  • Prepare year-end audit working paper files and maintain amortization schedules
  • Perform month-end activities, from balance sheet and account reconciliations to financial statement preparation
  • Assist with the preparation of budgets
  • Assist with various functions within the finance department as assigned
  • Support the property administration staff in the financial management of their properties
  • Respond to various inquiries of Owner's and property management team
  • Analyze property records and address outstanding issues
  • Attend monthly financial review meetings
  • Monitor cash flow for assigned properties
  • Prepare monthly HST reconciliation
  • Occasional travel to Crown's head office in Toronto for training and other job-related purposes.

Deliver Excellent Service to Tenants and Vendors

  • Efficient and effective communication, in a professional manner, with all employees and clients
  • Support property management administration staff in responding to financial inquiries from tenants and vendors (receivables, CAM and Tax recoveries)

Perform other related responsibilities as requested from time to time

Qualifications
Education

  • Degree or Diploma in Accounting or related field
  • CPA designation, or in pursuit of designation

Professional Experience

  • Minimum 5 years of accounting experience within the commercial property management industry or experience within a public accounting firm
  • Advanced MS Office skills, specifically in Excel and Word
  • Strong analytical, organizational and time management skills
  • Experience assisting with preparing year end audit packages and statements for external auditors
  • Intermediate to advance Excel skills and working knowledge of real estate and property management financial accounting systems and software
  • Experience working with Yardi and understanding of Real Estate terminology considered an asset

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, adheres to CPMI policy
  • 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 CPMI 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

CPMI is committed to accommodating employees with disabilities throughout their employment with Crown in accordance with the Accessibility for Ontarians with Disabilities Act (AODA). If you require accommodation, please let us know.

PI