Property Accountant

1 week ago

Toronto, Ontario, Canada Reliance Impact Full time

About the Job

Position: Property Accountant

Location: Toronto, Ontario

Salary: $75,000 - $90,000

Overview

A leading real estate investment firm is seeking a Property Accountant to support its growing portfolio of commercial properties. This role offers an exciting opportunity to manage financial reporting, budgeting, and analysis for a diverse real estate portfolio. With a competitive salary range of $75,000 - $90,000, this position is ideal for accounting professionals looking to advance their careers in the property management industry.

Why Join?

Industry Leadership: Work with a top-tier real estate investment firm managing high-value commercial properties.

Career Growth: Gain exposure to a diverse portfolio and advance within a well-established company.

Compensation & Benefits: Competitive salary, benefits, and opportunities for professional development.

Collaborative Environment: Be part of a dynamic accounting team supporting large-scale property operations.

Responsibilities

  • Prepare and maintain monthly financial statements, variance reports, and cash flow analyses for assigned properties.
  • Manage accounts payable, accounts receivable, and tenant billings, ensuring accurate financial records.
  • Assist in preparing annual budgets, reforecasts, and financial projections for property operations.
  • Reconcile bank accounts, general ledger accounts, and tenant lease details to ensure financial accuracy.
  • Review operating expenses, recoveries, and tenant chargebacks, ensuring proper allocation and compliance.
  • Work closely with property managers and leasing teams to provide financial insights and reporting.
  • Assist with year-end audits, financial documentation, and tax filings as needed.

Skills and Experience

  • Real Estate Accounting Expertise: Experience handling financials for commercial real estate portfolios.
  • Technical Skills: Proficiency in Yardi, MRI, or similar property management accounting software.
  • Financial Acumen: Strong understanding of CAM (Common Area Maintenance) reconciliations and lease accounting.
  • Communication & Collaboration: Ability to work effectively with property managers, tenants, and finance teams.
  • Experience: Minimum 3+ years of property accounting experience, preferably in commercial real estate.
  • Education: Bachelor's degree in Accounting, Finance, or a related field; CPA designation or progress toward CPA is an asset.

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