Property Accountant - Canada Vancouver

Role Description:

This is a newly created hybrid-remote role that will provide a full spectrum of finance and accounting support to the group’s existing real estate business in Vancouver, including commercial and residential income and development stage properties. The role will report to the Director, Finance & Operations based in Hong Kong, with functional support provided directly to the Director, Canada Real Estate based in Vancouver.

The Property Accountant is responsible for providing Kiri with accurate and timely finance and accounting support in line with ongoing business needs and applicable accounting standards, and for maintaining compliance with relevant statutory requirements.

Key Responsibilities:

Accounting, Financial Reporting and Analysis, Auditing:

-Handle journal entries, accruals, and account reconciliations

-Prepare monthly, quarterly, and annual financial statements for asset-owning entities under

management

-Conduct financial analysis and performance evaluations of properties, including profitability,

occupancy rates, lease renewals, and return on investment; Provide recommendations to optimize property financial performance

-Coordinate with auditors or chartered accountants on annual audits or financial statements compilation

Accounts Payable and Receivable:

-Oversee the accounts payable and receivable functions for properties, ensuring timely and accurate processing of invoices, rent payments, and vendor payments

-Conduct periodic reconciliations and resolve any discrepancies in conjunction with the third party property managers

Budgeting and Forecasting:

-Collaborate with property managers and stakeholders to develop annual operating budgets and cash flow forecasts

-Monitor budget performance and provide insightful analysis on variances

Lease Administration:

-Review lease agreements, ensure proper recording of lease transactions, and calculate rent escalations and common area maintenance charges

-Work closely with property managers to ensure accurate billing and collection of tenant receivables

Tax Compliance:

-Ensure compliance with tax law and regulations, including filing and payments for GST, Property Tax, Corporation Income Tax, etc.

Corporate Secretarial Matters:

-Work closely with internal company secretary and external lawyers to coordinate the preparation of statutory records and filings

Qualifications / Skillset:

-Bachelor's degree in Accounting, Finance, or a related field. CPA designation is preferred

-Minimum of 3-5 years of experience in property management accounting or real estate accounting, preferably in real estate private equity, REIT or other real estate investment companies

-Strong knowledge of IFRS

-Knowledge of Canadian tax regulations, GST and property tax assessments is an asset.

-Proficiency in accounting software and financial management systems (e.g., Yardi, Timberline, etc.)

-Excellent analytical skills and the ability to interpret financial data accurately

-Strong attention to detail and ability to work with large volumes of data

-Effective communication skills to collaborate with internal teams, property managers, and external stakeholders

-Ability to prioritize tasks, work independently, and meet deadlines in a fast-paced environment

-Team player with superior multi-tasking capability who can work independently towards calendar deadlines and is not afraid to look for solutions

Kiri prides itself on offering a supportive working environment alongside a transparent, flexible and collaborative culture, where all team members are encouraged to contribute to solutions and challenged on a path of continued growth.

Kiri Capital strongly promotes diversity as a cornerstone of its culture and heritage, and is committed to consider all applicants equally, regardless of their age, race, religion, nationality, marital status, or family responsibilities. An attractive remuneration & benefits package commensurate with qualifications/experience will be offered to the right candidate.

Please send your application letter and full resume with details of availability and expected salary to [email protected].

Disclaimer: All documentation relating to applicants will be treated confidentially in accordance with the Personal Data Protection requirements, and all other relevant employment legislation. Only shortlisted applicants will be contacted.