Location: Vaughan, ON (On-Site)
Compensation: $130,000 - $135,000 + Benefits and bonus
Experience: 5+ Years
About the Organization
We are hiring on behalf of our client, a rapidly growing asset management firm specializing in residential properties. Over the past two years, they have expanded significantly and continue to build a strong portfolio of properties. With a dynamic, fast-paced, and progressive culture, they are looking for a Property Accounting Manager to lead their accounting team. This is an excellent opportunity for a seasoned property accounting professional to step into a leadership role, oversee a growing portfolio, and contribute to the organization's continued success.
The Role
As a Property Accounting Manager, you will be responsible for overseeing the financial reporting and operational accounting for a portfolio of residential properties. You will manage a team of accountants, ensuring accurate financials, compliance with industry standards, and continuous process improvements. The ideal candidate is a detail-oriented, strategic thinker with strong leadership skills and a deep understanding of property accounting.
Key Responsibilities
Financial Reporting & Property Accounting
- Oversee full-cycle accounting for a portfolio of residential properties, ensuring the accuracy and timeliness of financial reporting.
- Prepare and review monthly, quarterly, and annual financial statements, variance analyses, and property performance reports.
- Manage general ledger reconciliations, bank reconciliations, accruals, and journal entries.
- Ensure compliance with internal controls, industry standards, and accounting regulations.
Budgeting, Forecasting & Financial Analysis
- Lead the annual budgeting and forecasting process for all properties within the portfolio.
- Provide financial insights and recommendations to senior management to optimize operational efficiency.
- Analyze financial trends, cash flows, and operational costs to identify cost-saving opportunities.
Yardi & Systems Management
- Oversee the use of Yardi for financial reporting, property accounting, and lease administration.
- Work closely with IT and operations to improve accounting workflows and reporting efficiencies.
Team Leadership & Process Improvement
- Manage and mentor a team of property accountants, providing training and development opportunities.
- Implement best practices to improve financial reporting efficiency and overall accounting operations.
- Collaborate with cross-functional teams, including asset management, leasing, and operations.
Stakeholder Communication
- Act as the primary accounting contact for internal leadership, external auditors, and property managers.
- Prepare and present financial reports to senior leadership and external investors.
- Ensure transparency and accuracy in financial data shared with key stakeholders.
What You Bring
Experience & Technical Skills
- 5+ years of experience in property accounting, asset management, or real estate finance.
- Strong knowledge of residential real estate accounting principles and financial reporting.
- Proficiency in Yardi Voyager and advanced Excel skills (pivot tables, financial modeling).
- CPA designation preferred (or in final stages of completion).
- Audit firm experience is an asset.
Leadership & Soft Skills
- Proven experience leading and mentoring a team in a property accounting function.
- Strong analytical and problem-solving skills with a keen eye for detail.
- Ability to manage multiple priorities and work effectively in a fast-paced environment.
- Strong communication and relationship-building skills with internal and external stakeholders.
Why Join Us?
Career Growth - Opportunity to step into a leadership role with a fast-growing firm.
Dynamic Work Environment - Work alongside a team of experienced professionals in an innovative and collaborative setting.
Competitive Compensation - Market-leading salary, benefits, and potential for future career advancement.
How to Apply
If you're an experienced Property Accounting Manager looking for the next step in your career, apply today!