Property Accountant in Toronto

Property Accountant in Toronto

Toronto Full-Time 80000 - 100000 $ / year (est.) Remote
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At a Glance

  • Tasks: Manage full accounting cycle for properties, ensuring compliance and financial accuracy.
  • Company: Join Trinity Development Group, a leader in innovative property management in Canada.
  • Benefits: Earn $80,000-$100,000 plus bonuses, with comprehensive health benefits and extra paid days off.
  • Other info: Flexible work options and opportunities for professional growth in a dynamic team.
  • Why this job: Gain hands-on experience in real estate finance while working in a collaborative environment.
  • Qualifications: University degree in Accounting, 3 years of experience, and CPA enrollment required.

The predicted salary is between 80000 - 100000 $ per year.

Trinity Development Group has embodied a spirit of leadership that's made us one of the most innovative developers in Canada.

Leaning on our vast expertise, we treat each development as a unique opportunity to create inspired spaces that define communities and help our tenants thrive.

We are a leading property management company dedicated to delivering exceptional service and value to our clients and tenants.

With a commitment to excellence, innovation, and sustainability, we manage a diverse portfolio of residential and commercial properties, providing superior living and working environments.

About The Position

Reporting to the Director of Property Accounting, the Property Accountant is responsible for various aspects of the monthly full accounting cycle for certain residences and corporate entities including reconciliations, compliance, entity financial and management reports, tax and other government compliance, and continuous improvement of the company's financial reporting systems and processes.

This is a current vacancy.

This is a Permanent, Full-Time (37.5 hours per week) position. This position may require extended hours during peak periods to perform job duties.

Work Location: On-site, in Toronto, Ontario.

Why Join Trinity Development Group?

  • Salary: $80,000-$100,000 annually plus bonus
  • Comprehensive health and dental benefits
  • Additional paid days off throughout the year, including select days that extend long weekends
  • A hands-on approach to training and continued support as well as a collaborative work environment where independent and constructive input is highly valued
  • Flexible to employee needs as immediate requirements arise requiring employee to work from home
  • Direct exposure and experience dealing with critical departments such as Leasing, Operations, Investments & Asset Management and Construction to enhance oneโ€™s knowledge of overall operations of a real estate company

Key Responsibilities

  • Prepare and analyze monthly, quarterly, and annual financial statements and supporting schedules for residential, retail, and corporate entities, submitting to the Property Accounting Manager/VP Finance/VP Property Management for review.
  • Perform detailed variance analysis comparing actual results to budgets, forecasts, and prior periods, identifying trends and recommending corrective actions.
  • Participate in the annual budgeting and forecasting process, including preparation of operating and capital budgets.
  • Assist with year-end financial reporting requirements and coordinate with external auditors during interim and annual audits, including preparing audit working papers, supporting documentation, and responses to audit inquiries.
  • Analyze financial and operational information to support management decision-making and strategic initiatives.
  • Evaluate and recommend improvements to accounting processes, reporting procedures, and internal controls to enhance efficiency and accuracy.
  • Review and investigate account variances, reconciliations, and unusual transactions to ensure completeness and accuracy of financial records.
  • Ensure compliance with accounting standards, company policies, tax requirements, and regulatory reporting obligations.
  • Assist in the development of financial reporting tools, performance metrics, and continuous process improvement initiatives.
  • Support cash flow monitoring, financial planning, and analysis of property operating performance.
  • Annual preparation of year end Billing Adjustments and Annual Budgets.
  • Bank Reconciliations for portfolio as assigned.
  • Manual Invoicing of Daily/Monthly Chargebacks (tenant service invoices).
  • Manual Invoicing for Monthly, Quarterly and Semi-Annual Property Taxes where applicable.
  • Annual manual invoicing of year-end final billings (assemble appropriate backup and coordinate distribution to tenants with property administrator).
  • Provide backup services for property accountants where necessary (including working paper preparation, journal entries, budgets etc.).
  • Update Monthly Banking File.
  • Assist to Set up Tax PAP, work with Property Tax Consultants.
  • Collaborate with Property Management, Leasing, Investments, and senior management teams to provide financial insights and business recommendations.
  • Other related duties as assigned.
  • Job Requirements
  • University degree in Accounting or related field is required.
  • At least 3 years experience and fully functional in Annual Property Accounting Cycle.
  • Experience with Property Accounting and Residential and Retail Properties is required.
  • Enrollment in the CPA program is required.
  • Proficiency in MS Office Suite (Excel, Power Point and Word).
  • Ability to meet deadlines, prioritize tasks and work well under pressure.
  • Goal-oriented, flexible and adaptable.
  • Exceptional problem-solving skills and attention to detail.
  • Self-motivated with a high degree of integrity, honesty and ethics.
  • Superior communication and English language skills, oral and written.
  • Effective listening skills and ability to give and receive constructive feedback and share ideas.
  • Highly organized with attention to detail.

Trinity Development Group values the unique skills and experiences each individual has to offer and we are committed to creating an inclusive and accessible organization.

We are committed to providing barrier-free and accessible employment practices in compliance with Accessibility Legislation.

If you require accommodation to participate fully in our recruitment processes, please let us know when we contact you.

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Property Accountant in Toronto employer: Pesce & Associates Human Resources Consultants

Trinity Development Group is an exceptional employer that fosters a collaborative and innovative work culture, making it a prime choice for professionals seeking meaningful careers in property accounting. With competitive salaries, comprehensive health benefits, and a commitment to employee growth through hands-on training and exposure to various departments, employees are empowered to thrive in their roles. Located in the vibrant city of Toronto, Ontario, Trinity Development Group not only values diversity and inclusion but also offers unique opportunities for professional development within a leading property management company.

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Contact Details:

Pesce & Associates Human Resources Consultants Recruitment Team

We think you need these skills to ace Property Accountant in Toronto

Problem-Solving Skills
Communication Skills
Organizational Skills
Time Management
Attention to Detail
Adaptability
Flexibility