About the role
Property Accountant - Vaughan, ON (4 days in office | 1 day work from home)
Compensation Package: $80,000-$90,000 + 7% bonus
Position Summary
This full-time role will focus on property accounting, including general accounting functions such as preparing accurate and complete month-end packages, tenant year-end reconciliations and invoices, and performing other account analysis and reconciliations as required.
Responsibilities
Create and enter all adjusting entries, and maintain accurate and detailed accounting records; Liaise with property management team to ensure understanding of all properties and review of ongoing activities at the property level; Liaise with construction and leasing to set up new tenants; Liaise with payables and receivables departments; Prepare sales tax reports; Assist in resolving tenant collection issues; Prepare management fees and leasing fees for each property; Prepare accruals and review/streamline reporting processes; Prepare operations and financial reports, including variance analysis reports and provide operations/financial reports to Reporting Group for internal/external reporting; Prepare annual operating and capital expenditures budgets; Prepare cost recovery files and tax billings for tenants; Prepare working papers files annually, quarterly or monthly; Prepare quarterly cashflows for operating properties; Prepare monthly distributions and variance reporting to cashflows.
Required Skills/Experience
Minimum four years of related real estate experience with ability to follow financial practices and apply knowledge of ASPE and IFRS; Proficiency with general accounting and cost recovery. Provide technical assistance and/or training to coworkers; Excellent oral and written communication skills; Solid team player; Commercial Real estate experience is an asset; Advanced Excel skills; Organized and able to plan workload to align with department goals and objectives.