This is an exciting opportunity for a Senior Property Accountant to join a leading Canadian real estate investment and asset management firm with over $1B in assets under management. Known for its people-first culture and strong reputation in the multi-family residential sector, the company offers a collaborative and inclusive environment where you'll play a key role in full-cycle property accounting while contributing to impactful real estate growth across Canada.
This is an exciting opportunity for a Senior Property Accountant to join a leading Canadian real estate investment and asset management firm with over $1B in assets under management. Known for its people-first culture and strong reputation in the multi-family residential sector, the company offers a collaborative and inclusive environment where you'll play a key role in full-cycle property accounting while contributing to impactful real estate growth across Canada.
Reporting directly to the Accounting Manager, our client is looking for a Senior Property Accountant to join their fast-paced team, who will be responsible for supporting a dedicated portfolio of properties, the group of companies and the finance teams through their continued growth. This individual will be responsible for full cycle accounting duties while supporting the day-to-day accounting functions of the property operations team for a diversified group of companies focused on real estate asset management.
Other responsibilities is as follows:
- Responsible for full cycle property accounting for a dedicated portfolio of properties and corporate consolidated entities.
- Assist in full monthly and quarterly financial and management reporting.
- Assist in the oversight and maintenance of the general ledger for the group of companies and portfolio of properties.
- Perform month-end accounting cycle entries while ensuring the accuracy of all transactions and subledgers and maintaining all corporate workbooks.
- Post monthly recurring entries which include mortgages, pre-payments, property taxes, accruals of expenses, deferred financing costs, and related party transactions.
- Post asset acquisition entries, mortgage, and refinance journal entries as well as property acquisition and disposition entries.
- Complete reconciliations for all balance sheet accounts including bank accounts and credit cards.
- Accounts Receivable, includes processing payments, creating, and posting intercompany invoices, and ensuring accurate recording of tenant transactions.
- Assist Accounts Payable with property related payables.
- Support the implementation of accounting changes and other process improvements.
- Support ad-hoc projects with the Accounting Manager.
- File and process HST returns and payments for all corporations within the CRA deadlines.
- Gain full understanding of all invoice types and coding processes.
- Participate in special projects and take on other duties, as assigned.
TMGNY
What are we looking for in a successful candidate?
- Bachelor's Degree in Accounting/Finance, real estate and/or related field.
- Minimum 3-5+ years of experience in accounting, preferably in the real estate industry and/or fund management.
- Professional Accounting Designation (CPA-CA, CGA, CMA) or actively enrolled in the CPA program (midway through or nearing completion) is an asset.
- Highly organized with the ability to multitask and work under pressure.
- Dedicated team player with a positive attitude and the flexibility to get the job done.