Junior Accountant – Residential Rental, IPP

SHAPE

Vancouver, BC

Full Time

ABOUT SHAPE

SHAPE is the real estate investment, development and management company leading some of the largest and most exciting projects in North America including The Amazing Brentwood, The City of Lougheed and RC at CF Richmond Centre.

Through our fully integrated platform, SHAPE specializes in complete neighbourhoods with a top-calibre mix of shops, restaurants, residences, entertainment and a complete range of daily services on rapid transit. By executing on every stage of the real estate process, from land acquisition to property management, we are able to collaborate more efficiently, work seamlessly and perform at the highest level. Every SHAPE property reflects lasting vision, bold creativity and obsessive attention to detail.

Our projects are complex, our vision is simple: deliver social and financial value for generations. With a proven ability to raise the bar across our diverse portfolio of assets, we build on where we've been to push the edge of better: for industry standards, quality of life and return on investment.

ABOUT THE ROLE

This is a Junior Accountant role reporting to the Accounting Manager, Residential Rental. The Junior Accountant is responsible for full-cycle accounting for a portfolio of residential assets. The role requires a dynamic individual who is adaptable and thrives in a fast-paced environment, managing residential accounting tasks efficiently.

Primary Job Responsibilities

Tenant Setup and Lease Administration

• Set up, review, and activate tenant leases in the accounting system
• Update ancillary charges and ensure they are correctly applied to tenant accounts
• Maintain accurate rent rolls for units, parking, storage, etc.
• Ensure rent increases are captured monthly and updated in the system in compliance with lease terms and legal requirements
• Liaise with leasing team, property manager and onsite team to assist with property related financial matters and ensure smooth coordination

Accounts Receivable Management

• Monitor and review monthly receivables for accuracy, adjustments, or corrections
• Enter and apply tenant payments to outstanding accounts

Tenant Charges and Cancellations

• Process tenant charges and cancellations, ensuring all adjustments are reflected in tenant accounts
• Administer NSF fees, fines, late fees, and other tenant-related charges

Security Deposits Management

• Process the release of security deposits at the end of the tenancy, including any required deductions

Accounts Payable

• Review and enter accounts payable invoices for coding accuracy, ensuring they align with the budget, operating agreements, and any applicable easements

Bank and Credit Card Reconciliation

• Prepare monthly bank reconciliations for residential properties
• Reconcile credit card statements for residential properties, ensuring accuracy of charges
• Reconcile receipts for bookable amenities to ensure accurate billing and recordkeeping

Month-End and Quarterly Close Processes

• Assist in completing month-end close processes for designated residential properties
• Reconcile balance sheet and income statement accounts to produce accurate monthly financial statements
• Assist with quarterly reporting and provide financial data to the team

Tenant Inquiries and Coordination

• Handle tenant inquiries and respond to questions regarding tenant statements, contracts, etc.
• Research and resolve issues raised by resident managers regarding tenant accounts
• Provide coordination and support to both the head office and onsite residential teams

Administrative Support and Reporting

• Assist with reporting and any other administrative support for the accounting team

Other Duties

• Perform other duties as assigned by the Accounting Manager

Qualifications

Required Knowledge, Skills, and Abilities

• Possess strong organizational skills and high attention to detail
• Ability to multi-task in a fast-paced environment and meet deadlines under pressure
• Ability to communicate effectively and professionally at all levels of the organization and with external stakeholders
• Positive, collaborative and team oriented with excellent relationship building skills
• Motivated and ability to learn quickly. Proactive, dependable and solutions oriented
• Works with a sense of urgency and curiosity

Required Training and Experience

• Preferably working toward a CPA designation
• Experience with property accounting, property management or real estate is an asset
• Experience with Yardi Voyageur is an asset
• Proficient with Microsoft Office applications, particularly Excel

Salary range: $60,000-70,000/year