Junior Accountant - Real Estate Developer

Taylor Ryan is excited to be working with a real estate developer in Vancouver on their search for a Real Estate Accountant. The candidate will work in a team setting and will report directly to the Controller.

The Real Estate Accountant will be responsible for managing the monthly full-cycle accounting process for a portfolio of assets which includes both income-producing and development properties.

The main responsibilities of this role include:

Monthly Accountabilities

• Monitor and review monthly receivables for accuracy, adjustments, and/or corrections
• Post monthly rent charges and process tenant payments
• Ensure all tenant administration duties are processed per documentation as required
• Monitor and review accounts payable coding for accuracy and commit payments
• Prepare and update monthly report to internal parties
• Prepare quarterly internal management reporting package
• Monitor cash positions, prepare bank reconciliations and property-level cash forecasting
• Ensure all GST and other legislated taxes and assessments are reconciled and remitted
• Produce monthly financial statements and supplementary reporting as required
• Review of financial aspects of lease setup and preparation of rental advice notices
• Provide financial and analytical assistance to internal parties
• Prepare monthly journal entries, adjustments and accruals
• Prepare and manage job cost reporting for development projects including preparation of monthly draws

Annual Accountabilities

• Complete year-end operating cost adjustments and tenant billings for assigned properties
• Responsible for completing accounting portion of assigned property budgets within agreed upon deadlines
• Assist in the preparation of supporting working papers and documentation for year-end audit process and tax filing process

Other Accountabilities

• Assist with property sale and disposition of assets in assigned portfolio, including assisting with preparation of final operating statements, fund distribution, GST reconciliation, and any other relevant closing duties
• Assistance with system upgrades and improvements in relation to assigned assets
• Efficient and effective communication, in a professional manner, with all employees
• Technical accounting issue analysis for assigned properties
• New property setup, analysis, and follow-up of outstanding issues as required
• Input/feedback for improving procedures and initiating quality and efficiency enhancements
• Full understanding of all property-specific processes and upkeep of pertinent information relating to specific properties

Requirements

• Minimum 1-3 years accounting experience; minimum two years real estate accounting experience (either property accounting or development accounting)
• Knowledge of Yardi 7s is a strong asset
• Advanced skills in MS Office (Word, Excel, PowerPoint and Outlook)
• Completed the Canadian Chartered Professional Accountants (CPA) program is a strong asset
• Development accounting is a strong asset