At a Glance
- Tasks: Manage full-cycle accounting for a diverse portfolio of properties.
- Company: Join a leading real estate company with a collaborative culture.
- Benefits: Enjoy a hybrid work model, competitive salary, and great work-life balance.
- Other info: Promotional opportunities and a dynamic team await you!
- Why this job: Make an impact in real estate while growing your career in a supportive environment.
- Qualifications: 3+ years of property accounting experience, ideally in commercial or retail sectors.
The predicted salary is between 90000 - 100000 $ per year.
About the Company
Our client is a leading real estate company. They are looking for a Senior Property Accountant who will be responsible for full-cycle accounting for a portfolio of properties and to add value to the company’s Real Estate Services team and clients.
Why Work Here
- Hybrid Work Model and good work-life balance!
- Collaborative Teams: While corporate environments vary by branch, peer-to-peer relationships are highly rated. Coworkers are frequently described as approachable, knowledgeable, and easy to work with.
- Promotional Opportunities - The company is always looking at opportunities to promote people from within.
About the Opportunity
What you will do on a monthly basis:
- Full understanding of all property specific processes and upkeep of pertinent information relating to specific properties.
- Provide accurate and timely financial information as required internally by management and other departments, and externally to the client.
- Produce monthly Financial Statements in accordance with accounting standards and policies.
- Utilize budgets and other tools to analyze variances.
- Ensure all GST/HST and other legislated taxes and assessments are reconciled and remitted.
- Monitor cash positions with special attention to monthly mortgage payments, payroll billings, management fees, property taxes, GST/HST remittances, capital and leasing costs, and any other major monthly expenditures.
- Monthly bank reconciliations.
- Monitor and review mid-month and month-end receivables for accuracy, adjustments, and/or corrections.
- Produce monthly rent roll/receivable report.
- Annual property tax invoicing for tenants that do not pay monthly.
- Monitor monthly sales reports and follow up on outstanding sales.
- Support site in reconciliation and invoicing of tenants as due.
- New property set up, analysis, and follow up of outstanding issues as required.
What you will do on an annual basis:
- Complete year end operating cost adjustments and tenant billings for assigned properties within 90 days of operating year end.
- Responsible for completing accounting portion of assigned budget files within assigned deadlines.
- Assist in training property accounting staff in all property accounting cycles including procedures, processes, and review of property files.
- Support ongoing training, developing, and mentoring of property accounting staff.
About You
Property Accountant / Senior Property Accountant with 3+ years of strong property accounting experience, ideally within a large commercial or retail portfolio.
Salary Range: $90,000 - $100,000/year
How to Apply
Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.
Senior Property Accountant in Toronto employer: Vaco
Join a dynamic and innovative team as the Director of Finance in the heart of Downtown Toronto, where you will not only lead a high-performance group but also play a pivotal role in shaping financial strategies that impact the broader community. Our company fosters a collaborative work culture that prioritizes employee growth through mentorship and professional development opportunities, ensuring that you can thrive in your career while making meaningful contributions to the finance sector. With a focus on excellence and integrity, we offer a unique environment that values your expertise and encourages you to drive strategic initiatives that resonate with stakeholders and investors alike.
