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Property Accountant

7 hours ago

Burlington, Ontario, Canada Craft Property Group Full time

The Opportunity

The Property Accountant is responsible for day-to-day accounting functions for an assigned portfolio of properties. This is a comprehensive position that requires a solid understanding of all aspects of accounting. The Property Accountant will oversee the accounting operations of each corporation, including control systems, transaction-processing, reporting, property management accounting and policies and procedures.

The Company

Craft Property Group Inc. is a residential property management Company (an affiliated company of Aventus Developments), committed to providing comprehensive and exceptional service to both homeowners and tenants across Southern Ontario. Based out of London, ON, Craft has a deep-rooted understanding of how to foster a safe, fun and welcoming living environment for tenants, while providing owners with first class property management services.

Essential Functions

Full Cycle Accounting

  • Completing monthly, quarterly, and yearly reporting of portfolio financials including balance sheet, income statement, capital expenditures, operating costs, recoveries, accounts receivable and bad debts, etc.
  • Perform timely month-end close and ensure recording all pertinent transactions including setting up monthly accruals and properly document journal entries
  • Preparation of the annual budget
  • Perform AP functions including invoice entry and payment processing
  • Provide monthly variance analysis for revenue and expenses (actual vs budget)
  • Coordinate with the operations and other teams to process monthly property financials (i.e. invoice coding, purchase orders, project details and variance analysis) as needed
  • Perform regular bank and trust deposit reconciliations
  • Prepare intercompany reconciliations, reconciling discrepancies by examining possible sources of disagreement
  • Compile and submit required HST remittances
  • Recommend appropriate changes to improve systems and controls and assist in the development of corrective action plans where required
  • Complete special projects and analysis as required

Compliance

  • Ensuring accuracy of financial statements in accordance with ASPE compliance
  • Assist in monthly compliance reporting to lenders, government, and partners
  • Coordinate and provide detailed information to external auditors for the annual audit
  • Comply with provincial, and federal government reporting requirements and tax filings, working in conjunction with tax accountants

Who You Are

  • Post Secondary Diploma/Degree in Accounting is required
  • 3 years of accounting experience, within a property management company experience preferred
  • Knowledge of property management accounting software such as Yardi
  • An excellent knowledge of Microsoft Excel, able to use pivot tables and VLOOKUP
  • Resourceful and self-motivated with ability to work in matrixed, fast-paced, ambiguous, and changing environments.
  • Strong analytical and problem-solving skills
  • Proven organizational skills, attention to detail, and ability to handle multiple tasks with strong financial acumen
  • Exceptional and articulate communication skills are required for critical conversation

Salary: $70,000 - $85,000 Annually

Join us and connect with something bigger, apply today

This posting represents an active vacancy within our organization.

We are an equal opportunity employer for all qualified individuals.

We are committed to creating a diverse and welcoming workplace that includes partners with diverse backgrounds and experiences. We believe that enables us to better meet our mission and values while serving customers.

Should you be contacted for an interview, please advise if accommodation is required.

Please note that due to the number of applicants only those who will be considered for an interview will be contacted.

Please note that we may utilize AI tools as part of our recruitment process.