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Commercial Accountant Jobs
Company | Madison Group of Companies |
Address | Greater Toronto Area, Canada |
Employment type | FULL_TIME |
Salary | |
Expires | 2023-05-26 |
Posted at | 1 year ago |
Our History:
The Madison Group is a widely diversified real estate and land development company with extensive experience in building master- planned communities, low-rise and high-rise residential projects and also operates a substantial portfolio of retail, commercial and industrial projects.
For over 55 years, Madison Group has built its foundation on integrity and innovation and our commitment to our customers is our foremost priority.Madison Group focuses on creating quality homes & residences in desirable areas firmly rooted in a sense of community.Our reputation is defined by the talent, dedication, and passion of our team.For further information, please refer to Madison Homes’ website at MadisonGroup.ca
The Role:
We are looking for an organized and detail-oriented Senior Commercial Property Accountant to administer the accounting functions within the Commercial portfolio.
As the Senior Commercial Property Accountant, your primary responsibilities will include:
·Maintain the general ledger and annual working paper files for the Commercial portfolio by posting year-end journal entries and preparing financial statements.
·Generate quarterly financial statements and covenant computations required by lenders.
·Perform monthly bank reconciliation and reconciliation of control accounts (accounts receivable, accounts payable, last month’s rent, LMR interest) to subsidiary ledgers, intercompany balances, schedules of balance sheet accounts
·Assemble the operating budget for properties, including variance analysis and forecasting.
·Maintain capital budget and fixed asset module, including amortization of fixed assets.
·Prepare yearend TMI reconciliations and assemble the necessary detail and back-up for the tenant’s use and respond to tenant inquires related to CAM and RT invoices.
·Work directly with the realty tax consultant on tax bills and tenant allocations.
·Maintain financial integrity with respect to tenant billings and property management; specifically, adhere to lease agreements.
·Perform monthly HST reconciliations, file HST returns, and ensure remittances for each property on a prompt basis.
·Generate intercompany charge-back billings and reconciliations.
·Oversee accounts payable process, review purchase orders and accounts payable listing, prepare accounts payable journals, and process invoices if needed.
·Other duties/projects as assigned from time to time.
Required Skills and Qualifications:
·8+ years of commercial property accounting experience with all aspects of accounting with shopping center/retail property accounting (TMI recs, etc.)
·Strong knowledge of Yardi Voyageur, and advanced working knowledge of MS Excel and Word is required
·Experience and knowledge of all aspects of year-end working papers preparation and Caseware preferred
·College/University degree in Accounting, Finance or related field required
·Accounting designation or in progress preferred
·Support our company’s values: Honesty, Integrity, Respect, Trust.
·Excellent verbal and written communication skills and possess strong analytical and problem-solving skills.
·Ability to be self-motivated and work independently with minimal supervision.
We are committed to providing accommodations for people with disabilities. Accommodations are available upon request to ensure that we meet your needs.
We thank all candidates for your interest in the role and your application. Only candidates that fit all of the required skills and qualifications will be contacted directly.
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