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Senior Property Accountant

1 month ago

Toronto, Canada Vaco Lannick Full time

Our client in the Property Management sector is seeking a Senior Property Accountant to join their organization on a permanent basis. The role will require working in office, at Yonge & Eglington (midtown Toronto), 3 days a week.


Responsibilities:

  • Full cycle accounting responsibilities for financial statement preparation which includes balance sheet reconciliation and adequate documentation
  • Prepare reporting and variance analysis on an individual property basis and/or consolidated limited partnership portfolio basis
  • Consolidate and prepare the annual budget and reforecast on a periodic basis
  • Work proactively with the Operations and Leasing team to identify issues regarding the monthly financial results, tenant CAM / TAX questions, and provide guidance on proper accounting policies
  • Collaborate with Development Team by preparing and updating budgets, contracts, and forecasts in Yardi Job Cost/Construction Management module
  • Prepare audit and tax working papers. Draft financial statement reports with supporting notes in accordance with ASPE
  • dentify and review old or significantly high accounts receivable balances for allowance setup or bad debt write offs
  • Assist the team leader to ensure that the overall team monthly reporting is completed on time and accurately
  • Coordinate the integration of new properties into the accounting work flow and reporting structure (acquisitions) and also assist with dispositions, as required.
  • Participate in the monthly Operations / Accounting meetings on portfolio planning and the discussion and presentation of property results
  • Act as a systems and process support for Accounting and Operations
  • Support and implement special project initiatives including; documentation, process efficiencies, and implementation of system related improvements
  • Mentor and train newly hired and junior Property Accountants on the monthly reporting process, accounting policies and procedures, and accounting system
  • Prepare HST reconciliations and returns


Qualifications:

  • Accounting designation preferred (CMA / CGA / CA / CPA)
  • Bachelor’s degree in an accounting related field of study
  • Minimum 3 years of property accounting experience
  • Highly proficient in Microsoft Office with a emphasis on Excel, Outlook and Powerpoint
  • Yardi Voyager experience is required


Compensation:

  • $80k-90k base annual salary; weeks vacation; medical and dental benefits; 10% bonus

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