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Senior Property Accountant

Hold It All Inc. - 6 Jobs
Vancouver, BC
Full-time
Executive
Company Benefits
Health Insurance
Posted 22 days ago
Salary:

Who We Are

Low Tide Properties is a private real estate investment, development, and management company founded in 2011 and headquartered in Vancouver, Canada. Our mission is to own and manage a diverse portfolio of office, industrial, multifamily-rental, and retail properties, focusing on value creation over time for each property.

What We Do

We invest in neighborhoods and properties that we know best. Our investment rationale is honed through partnerships with tenants and a deep commitment to each neighborhood. We are incredibly driven and passionate about the opportunities to create a positive impact in the communities we invest in.

Tenant service is our priority, and we are passionate about all things community. Our mission is to transform the neighbourhoods we invest in – we do so thoughtfully, knowing each small action can lead to a great impact. This can mean anything from supporting public art, to participating on the boards of local Business Improvement Associations, to taking pride in keeping our buildings clean and well-lit.

The Opportunity

This Senior Property Accountant is responsible for full cycle accounting for a portfolio of properties as well as other ad-hoc accounting duties. It's essential in this role that the individual is someone looking to learn and grow within the field, who is a team player with a positive can-do attitude. The ideal candidate for this role demonstrates the ability to inspire, motivate, and mentor team members to achieve departmental goals.

Responsibilities

Leadership & Project Management

  • Assist in training junior property accountant staff.
  • Providing support to junior team members when needed.
  • Completing large projects as assigned by Manager/Director of Accounting.

Record Keeping

  • Prepare journal entries and conduct reconciliations of balance sheet accounts.
  • Perform monthly variance analysis.
  • Maintain fixed asset ledgers and applicable depreciation and amortization schedules.
  • Prepare and submit tax returns, liaising with CRA as required.
  • Produce monthly financial statements according to company's policy and requirements.
  • Provide supplementary reporting as required.

Accounts Receivable & Tenant Administration

  • Review lease agreements and ensure accuracy of lease information on accounting system.
  • Review AR aging reports, working with wider business on long outstanding debts.
  • Raise and post monthly rent charges.
  • Produce tenant ledgers and statements as required.
  • Maintain rent rolls.
  • Perform accounting responsibilities for tenant changes (move in/out, extensions, etc.).

Accounts Payable

  • Monitor and review payables for coding accuracy.
  • Post payable batches.
  • Accurately accrue for unpaid costs.

Cash Management

  • Prepare monthly bank reconciliations.
  • Assist in monitoring cash positions and preparation of cash distributions and funding requests.

Operating Budgets

  • Assist in preparing and reviewing annual budget.
  • Partner with property managers and FP&A team to complete monthly budget forecasting and analysis.
  • Prepare monthly analysis of actuals vs budget and reforecast.

CAM Recoveries

  • Prepare year-end operating cost reconciliations for assigned properties.
  • Review and follow-up status of operating cost reconciliation with property management team.
  • Prepare year-end reconciliation billings.

Qualifications

  • 3– 5 years of full-cycle property accounting experience, including preparing annual budgets and year-end CAM recoveries.
  • Experience with Yardi Voyager
  • Post-secondary education in Finance, Accounting, or a relevant field.
  • CPA designation or working towards designation is an asset.
  • Intermediate skills in Microsoft Office (Word, Excel, Outlook.)
  • Exceptional verbal and written communication skills.
  • Ability to adjust time management to respond to prioritized tasks with varying deadlines.
  • Holds oneself to the highest level of integrity, accountability, and performance standards.
  • Detail-oriented with strong analytical and quantitative skills.

This is a general description of the tasks and skills required. Additional responsibilities and duties may be required to successfully perform this position.

WHY JOIN US

The successful candidate will have the opportunity to work alongside a team that is passionate about the company's mission and portfolio. This position provides an expected starting base salary of $70,000 - $100,000, commensurate with experience, along with a competitive benefits package and bonus opportunity. Our benefits are designed to support all facets of your life; employees are provided with a $1,500 annual fitness allowance, employer-paid health benefits, RRSP matching, and extensive opportunities for personal and professional development. We foster open communication in our office and have regular team socials, workouts, and community events.

HOW TO APPLY

Please select the following link to submit your application on our careers page.

https://holditall.bamboohr.com/careers/14