Senior Accountant Property Accounting

Found in: Talent CA C2 - 2 weeks ago


Toronto, Canada Tricon Residential Full time

Job Description

The successful candidate will be responsible for full-cycle accounting of multifamily properties, applying consistent accounting principles and procedures to record and analyze financial information, maintain the integrity of the financial records, provide transparent and accurate financial information to Senior Management, prepare complete and timely financial reports, and ensure adherence to appropriate accounting controls and policies.

  • Perform full-cycle accounting duties for assigned property portfolio such as accruals, adjustments, amortizations, reclasses, and gross potential rent/vacancy loss analysis
  • Review monthly property financials to assess accuracy/completeness while collaborating with Asset and Property management to provide meaningful variance analysis explanations
  • Prepare monthly balance sheet reconciliations and schedules for proper amortization/depreciation, accruals, true-ups, etc
  • Coordinate and articulately communicate with internal and external customers, including, but not limited to property managers, maintenance staff, management, auditors, tax consultants, etc
  • Assist with the preparation and review of monthly and quarterly financial reporting packages for both internal and external stakeholders
  • Analyze current and historical financial results, perform variance analysis of key metrics, identify trends and recommend actions
  • Actively monitor financial statement deliverables and communicate to stakeholder
  • Participate on special projects and perform other tasks as assigned
  • Assist with audit requests, including general audit inquiries, preparation of schedules/reports, support data and schedules, and testing of internal controls
  • Analyze property-related transactions to ensure accuracy, completeness, compliance, and reasonableness
  • Participate in research of accounting transactions and financial reporting such as budget-to-actual or month-over-month variance analysis
  • Assist with system and process improvements to enhance financial reporting and accounting efficiency
  • Develop and maintain standard operating procedures and training documentation
  • Support management with special research projects and presentations, as required

Qualifications: 

  • Ability to work in a fast-paced, dynamic environment with strict reporting deadlines
  • Excellent business acumen and communication skills required
  • Exceptional research, analytical and critical thinking skills
  • Desire to utilize analytical skills in order to use the data to communicate findings
  • Dependable and demonstrate and support the organization's ethics and values
  • Demonstrated problem solving and decision-making skills
  • Demonstrated strategic and creative thinking ability
  • A self-starter who can work independently in a fast-paced and challenging environment
  • Demonstrates strong attention to detail and adheres to high standards for work quality

Minimum Requirements: 

  • Thorough knowledge of generally accepted accounting principles and international financial reporting standards
  • 5+ years property management/real estate experience
  • Bachelor’s Degree in Accounting or Finance
  • Knowledge of Yardi & D365 would be a plus
  • CPA would be a plus
  • Advanced knowledge of Excel; proficient in other Microsoft Office programs

#LI-Hybrid


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