Senior Property Accountant

Accelerate your career We're proud to share that Triovest is now part of Colliers, further strengthening Colliers' position as Canada's largest commercial real estate services firm. This marks an important milestone in our journey and brings new opportunities for growth as we join forces with a globally recognized leader in the industry.

We are seeking a Senior Property Accountant to join our team in downtown Toronto. The successful candidate will manage the full accounting cycle for a portfolio of commercial properties including general ledger accounting, preparing financial statements, reviewing financial statement results, preparing analysis on the assigned portfolio and providing accounting support to internal teams.

KEY RESPONSIBILITIES

• Prepare monthly, quarterly, and annual financial statements, including income statements, balance sheets, and cash flow statements, for assigned portfolio.
• Collaborate with property management teams to develop and maintain property budgets and forecasts, tracking performance against financial goals.
• Conduct comprehensive analysis of all capital costs incurred by properties, ensuring proper documentation and reporting.
• Create and distribute quarterly financial reporting packages to clients, maintaining transparency and clarity.
• Identify and analyze variances between actual and budgeted financial results, providing explanations and recommendations for improvement.
• Maintain accurate general ledger accounts and perform monthly reconciliations.
• Prepare monthly journal entries, accounts receivable adjustments, and submit monthly tax reconciliations in a timely manner.
• Prepare monthly and annual Common Area Maintenance (CAM) and Realty Tax adjustments as required.
• Review leases to ensure accurate billing and compliance with financial terms.
• Coordinate and provide support during financial audits, responding to audit inquiries and ensuring compliance with industry standards and regulations.
• Collaborate with property managers to address tenant queries and financial concerns promptly and professionally.
• Prepare year-end audit working paper files with supporting schedules to facilitate the auditing process.

QUALIFICATIONS & ATTRIBUTES

• Bachelor's degree in Accounting, Finance, or related field.
• Completion of or working towards a CPA designation.
• Minimum 3-5 years of progressive Property Accounting experience in commercial real estate, including a strong understanding of CAM and Tax recovery concepts and practical applications for office, retail and mixed use portfolios.
• Proven financial analytical skills.
• Excellent knowledge and experience related to technology and accounting systems in a real estate environment (Yardi preferred).
• Advanced Microsoft Excel skills and proficient with Microsoft Word and Outlook.
• Excellent communication and interpersonal skills to effectively collaborate with diverse stakeholders and cross-functional teams.
• Strong interpersonal skills with the ability to deal effectively and professionally under pressure or in stressful situations.
• Excellent time management and organizational skills and the ability to manage conflicting priorities within structured deadlines and deliverables.
• Detail-oriented with a commitment to producing high-quality documentation and deliverables.
• Self-motivated and proactive in staying up-to-date with technology trends and advancements.
• Must be inclusive and supportive of the diversity within the Triovest team.

Triovest is an Equal Opportunity Employer

At Triovest, we are committed to building a team and culture that embraces diversity as our strength. As Canada's top private commercial real estate firm, we strive to create an inclusive workplace where everyone feels valued. Our progressive approach means we're always looking for fresh perspectives and innovative ideas. We're committed to doing the right thing and living up to our core value of integrity by always following the law. Our Code of Conduct is designed to ensure legal compliance and to build trust with our clients and stakeholders. If you need accommodations, we are here to help—just let us know.

Join us and be part of a forward-thinking team that's shaping the future of commercial real estate.