Commercial Senior Property Accountant

2 months ago


Vaughan, Canada Newlands Group Full time

Job Title: Senior Property Accountant

Location: Vaughan

Job Description:

Our client is seeking a detail-oriented and experienced Senior Property Accountant to join their finance team. The ideal candidate will have 3-4 years of experience in commercial property accounting, a strong background in CAM (Common Area Maintenance) and tax recoveries, and proficiency with the Yardi ERP system. This role requires an individual with a solid understanding of accounting principles and a keen eye for detail, capable of managing multiple properties and providing accurate financial reporting.

Key Responsibilities:

  • Financial Reporting: Prepare and review monthly, quarterly, and annual financial statements for multiple commercial properties.
  • CAM and Tax Recoveries: Oversee and manage the CAM and tax recovery process, including annual reconciliations and tenant billings.
  • Budgeting and Forecasting: Assist in the preparation of annual budgets and forecasts for assigned properties.
  • Audit Support: Coordinate and support internal and external audits, ensuring compliance with company policies and procedures
  • Tenant Accounting: Manage tenant ledgers, including rent payments, charges, and adjustments.
  • Lease Administration: Review and interpret lease agreements to ensure proper billing and compliance with lease terms.
  • Accounts Payable/Receivable: Oversee accounts payable and receivable functions, ensuring timely and accurate processing of invoices and payments.
  • General Ledger: Maintain and reconcile the general ledger, ensuring accuracy and completeness of financial data.
  • Financial Analysis: Perform financial analysis to support decision-making and identify opportunities for process improvement.
  • System Management: Utilize the Yardi ERP system for financial reporting, data entry, and management of property accounting functions.

Qualifications:

  • Bachelor's degree in Accounting, Finance, or related field.
  • 3-4 years of commercial property accounting experience.
  • Strong understanding of CAM and tax recovery processes.
  • Audit experience, with the ability to support internal and external audits.
  • Proficiency in Yardi ERP system is required.
  • Excellent analytical and problem-solving skills.
  • Strong attention to detail and accuracy.
  • Ability to manage multiple tasks and meet deadlines.
  • Excellent communication and interpersonal skills.
  • Proficiency in Microsoft Office Suite, particularly Excel.


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