Property Accountant
$85K–$90K + Benefits
Scarborough, ON (Fully Onsite)
Our client, an established property management company, is seeking an experienced Property Accountant to join their accounting team. This is an excellent opportunity for a mid-level accounting professional with a strong background in property accounting who is looking to further develop their career within the real estate and property management industry.
The successful candidate will be responsible for the accounting and financial reporting of an assigned portfolio of properties. Yardi experience is required, and candidates with exposure to commercial properties and CAM/TAX reconciliations will be strongly preferred.
Key Responsibilities
- Complete monthly accounting and financial reporting for an assigned portfolio of properties.
- Prepare journal entries, accruals, amortizations, and account reconciliations.
- Manage month-end and year-end accounting processes.
- Review property revenues and expenses and investigate variances.
- Complete bank, mortgage, and other balance sheet reconciliations.
- Prepare and remit HST as required.
- Assist with tenant billings and CAM/TAX recovery reconciliations.
- Review tenant accounts receivable and assist with collections, adjustments, and other tenant account matters.
- Support accounts payable and ensure expenses are appropriately coded to properties.
- Assist with annual property budgets and supporting schedules.
- Prepare year-end working papers and documentation.
- Work closely with Property Managers and other members of the accounting team to resolve property-level accounting matters.
- Maintain accurate property and tenant accounting information within Yardi.
- Assist with additional accounting projects and reporting as required.
Qualifications
- 3+ years of property accounting experience, ideally within a property management or real estate environment.
- Yardi experience is required.
- Commercial property accounting experience is preferred.
- Exposure to CAM/TAX reconciliations and recoveries is considered an asset.
- Strong experience with month-end accounting, reconciliations, journal entries, and financial reporting.
- Strong Excel skills.
- Excellent attention to detail and organizational skills.
- Ability to independently manage an assigned portfolio and meet multiple deadlines.
- Strong written and verbal communication skills.
- CPA designation is not required.
We thank all applicants for their interest; however, only those selected for an interview will be contacted.
