Property Accountant - Commercial Real Estate

Property Accountant – Commercial Real Estate
Salary: $60,000/year
Location: Markham
Industry: Commercial Real Estate
Employment Type: Full-Time

About the Role

We are seeking a detail-oriented Property Accountant to support accounting operations across a portfolio of commercial real estate properties. The ideal candidate has a solid foundation in AP/AR, month-end processes, and property management accounting. This role is perfect for someone looking to grow their skills in a dynamic, fast-paced real estate environment.

Key Responsibilities

Accounts Payable Support

• Review, code, and enter vendor invoices into the accounting system.
• Match invoices to purchase orders or work orders where applicable.
• Assist with vendor statement reconciliations and investigate discrepancies.
• Support timely weekly or bi-weekly payment runs.

Accounts Receivable & Tenant Billing

• Prepare and send monthly rent invoices and recurring tenant charges.
• Apply tenant payments and maintain AR ledgers.
• Assist with AR aging reports and conduct basic follow-ups on overdue accounts.
• Help calculate simple tenant chargebacks (utilities, parking, etc.).

Month-End Close Assistance

• Prepare routine journal entries (accruals, reclasses, prepaid amortizations).
• Assist with bank reconciliations and supporting schedules.
• Compile documentation for Property Analyst review.
• Maintain accurate GL coding for routine transactions.

Lease Administration Support

• Update lease abstracts and maintain key data in the system.
• Process rent step increases, occupancy changes, move-ins/move-outs.
• Review lease terms to ensure accurate billing of rent, CAM, and other charges.

Reporting & Documentation

• Assist in preparing monthly property reporting packages.
• Maintain organized electronic files for invoices, leases, and reconciliations.
• Generate basic reports from the ERP system as needed.

Compliance & Controls

• Ensure proper backup and audit trails for AP/AR activities.
• Assist with HST/GST supporting documentation and filing preparation.
• Follow internal approval matrices and company control procedures.

Qualifications

Education

• Diploma or Bachelor's degree in Accounting, Finance, or Business Administration (preferred).
• Enrollment in or intention to pursue CPA is an asset.

Experience

• 2+ years of accounting experience (AP/AR, bookkeeping, internship/co-op).
• Knowledge of property management accounting (TMI, rent rolls, lease accounting).
• Experience with investor reporting or real estate fund structures is an asset.
• Exposure to month-end close activities is helpful.

Technical Skills

• Proficiency with QuickBooks or similar real estate accounting systems.
• Strong Excel skills; financial modeling experience is an asset.

Soft Skills

• Excellent attention to detail and accuracy.
• Strong time management; able to meet month-end deadlines.
• Professional communication with tenants and vendors.
• Highly organized and collaborative in a fast-paced environment.
• Strong analytical and problem-solving skills.

Compensation

• Starting Salary: $60,000 annually
• Additional benefits available based on company policy.

please apply [email protected]

Company DescriptionHere at Express Employment Professionals, we are large enough to exceed all your needs and expectations, yet small enough to give you the one-on-one attention and customer service you deserve. We are experts in staffing, HR solutions and recruiting qualified workers to fill your needs. Our mission is to match great people with great jobs in our thriving community. Together, we will find a career solution to meet your needs!Company DescriptionHere at Express Employment Professionals, we are large enough to exceed all your needs and expectations, yet small enough to give you the one-on-one attention and customer service you deserve. We are experts in staffing, HR solutions and recruiting qualified workers to fill your needs. Our mission is to match great people with great jobs in our thriving community. Together, we will find a career solution to meet your needs!