Property Accountant

Salary Range: 75000 to 85000 (Currency: CAD) (Pay period: per-year-salary)

Property management accounting

• Maintain lease and tenant information in Yardi, and process annual rent schedules
• Prepare operating cost reconciliations for tenants and respond to tenant inquiries
• Review and ensure accuracy of rent rolls
• Coordinate chargebacks to tenants
• Calculate monthly management fees
• Support property budget process
• Prepare budget variance analysis reports and report significant variances
• Set up new properties, record fixed asset purchases and set up amortization schedules
• Support asset valuation calculations
• Work closely with the property management and leasing teams

Full cycle accounting

• Maintain the general ledger and ensure consistency with GAAP, including accruals, amortization, and bad debts
• Oversee AR, including reporting and assisting with collections
• Monitor the AP cycle, including approving invoices and purchase orders
• Ensure sources and uses of funds are appropriately monitored to:
• meet working capital requirements in accordance with the budget
• maintain owner equity requirements including distributions and capital calls
• Prepare requisitions for intercompany reimbursements and investor distributions
• Meet monthly, quarterly, and year-end deadlines including preparation interim and year-end reports, trial balances, financial statements, and consolidated working papers

Other duties

• Support treasury team with property financings
• Review employee expense reimbursement requests
• Communicate key issues with management
• Proactively problem solve and identify areas for improvement
• Assist with special projects and other duties as assigned by management

Desired Skills and Experience

• Completion of accounting designation (CMA, CGA, CA, CPA) and university level education
• Minimum 5 years of progressive experience in property management and a full-cycle real estate accounting environment
• High level experience in computer skills including Yardi, Microsoft Office (Excel, Word, SharePoint, Teams)
• Strong attention to detail balanced with an curiosity and awareness of the bigger picture
• Strong work ethic and sense of responsibility and confidentiality
• Strong decision making, communication (both verbal and written), and analytical skills
• Proven ability to work proactively both independently and in a collaborative team environment
• Able to balance competing priorities and prioritize deliverables while keeping stakeholders informed of progress