Property Accountant

Job summary

The role involves managing month-end and quarterly financial reporting, including the preparation of financial statements and budget packages. Key duties include handling tenant reconciliations, CAM and tax billings, and coordinating with auditors and property managers.

Job details

Intermediate Property Accountant - Downtown Toronto - Commercial Portfolio Working Schedule: Hybrid Model – 3 days per week in office Compensation Package: $75,000-$90,000 + Annual Bonus + Benefits Package 100% Employer Paid for Single and Family Plans + $500 Annual Wellness Bonus + Annual CPA Dues Paid + 15 Vacation Days + 3 Personal Days + 6 Health Days + RSP Plan after 3 months 4% Match You as an Intermediate Accountant, Property Accounting will: Month-end/Recurring journal entries Preparation of monthly reporting packages (including financial statements) Preparation of quarterly reporting packages (including financial statements, work papers and supporting schedules) Intercompany charge backs Tenant account reconciliations Preparation of annual budget Preparation of annual final CAM and Tax billing/lease review Preparation of annual year-end audit working papers and liaison with auditors during field work period Preparation of tenant/vendor chargebacks as needed Liaise with Property Managers and Asset Managers regarding related accounting matters Cash flow management and cash calls when required, updating rent rolls and collection management Other duties as assigned Is this the right role for you? You will bring: Excellent verbal and written communication skills, including the ability to prepare clear and concise financial reports. Proven ability to manage multiple priorities, meet tight deadlines, and work effectively in a fast-paced environment. Strong attention to detail and accuracy, with the ability to analyze complex financial data and resolve discrepancies. Proficiency in Microsoft Office Suite, with advanced Excel skills (pivot tables, VLOOKUP, data analysis). Ability to work collaboratively with cross-functional teams, including Property Managers and Asset Managers. Education: Post-secondary degree or diploma in Accounting, Finance, Business Administration, or related field required. Preference will be given to individuals with a CPA (Chartered Professional Accountant) designation. Completed or in progress. Experience: 2+ years of hands-on experience in property accounting, preferably within commercial or retail real estate. OR 2+ years of CA firm-based experience within Audit Strong familiarity with property management/accounting software; MRI preferred is a strong asset. AI may me used in the screening of this process - this role is for an existing position.

What you’ll do

The role involves managing month-end and quarterly financial reporting, including the preparation of financial statements and budget packages. Key duties include handling tenant reconciliations, CAM and tax billings, and coordinating with auditors and property managers.

Requirements

Candidates need a post-secondary degree in Accounting or Finance and at least 2 years of experience in property accounting or audit. A CPA designation and proficiency in MRI software are strongly preferred.

Benefits

• Annual Bonus • Health Insurance (100% Employer Paid) • Annual Wellness Bonus • Annual CPA Dues Paid • 15 Vacation Days • 3 Personal Days • 6 Health Days • RSP Plan with 4% Match

Listed skills

• Financial Reporting · Preferred
• Microsoft Excel · Preferred
• Communication Skills · Preferred
• Financial analysis · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Month-end Closing
• Financial Reporting
• Intercompany Chargebacks
• Tenant Account Reconciliation
• Budget Preparation
• CAM and Tax Billing
• Audit Working Papers
• Cash Flow Management
• Microsoft Excel
• MRI Software
• Financial Analysis
• Communication Skills

Job areas

• Finance & Accounting
• Sales