Property Accountant
Job Description:
Income Producing Properties team is looking to add a Property Accountant to the team to support its continued growth. This high-performing IPP accounting team manages a diverse and complex portfolio of residential and commercial properties that span a variety of asset classes. Partnering with both the Commercial and Residential Property Management teams, this position calls for a strong communicator and relationship builder that is keen to suggest process improvements and provide added value throughout the financial reporting life cycle.
Key responsibilities include:
Monthly
Preparing monthly standard financial statements
Amortization/Depreciation entries
Calculate vacancy shortfalls and managing the rent-roll billings
Following up on monthly variances with property management or other departments
Working closely with the Property Management teams and other departments to investigate variances
Forecasting based on changes in projected leases, vacancies and expenditures
Reviewing and reconciling inter-company accounts
Assisting in preparation of financial reporting packages for management
Completing GST/PST Remittance
Quarterly
Preparing cash-flow analysis including target vs actuals in relation to forecasts
Consolidating multi-year cash flow forecasting for own portfolio
Annually
Creating multi-year budgeting/forecasting and budget/forecast analysis for revenue properties
Preparing year-end closing entries for own portfolio
Completing annual CAM and Tax recovery reconciliation
Qualification:
At least 2-3 years of related experience in property accounting (commercial, residential or both)
Strong analytical skills and experience working with complex transactions
Strong communication skills (written and oral)
Working knowledge of Yardi will be considered an asset
CPA designation or in active pursuit of CPA will be considered an asset
Compensation:
Company offers a very competitive compensation structure that supplements your regular income with a robust benefits package:
Medical and Dental Coverage: Our industry leading benefits package covers you and your dependents at no cost
RRSP Matching: We support your future goals by matching up to 5% of your RRSP contributions.
Friends and Family Program: Early and exclusive access to our newly released projects
Professional Development and Education Support