Property Accountant, Residential & Commercial

Reports To: Controller

Position Summary: The Property Accountant position serves as a key accounting resource working in partnership with the Operations team. Primary accountabilities include preparation of Regional Reporting Packages, AGI/ARI Process, Forecasting and Budgeting, CAM & Tax recoveries, pre-bills and final billings.

Responsibilities

Financial Due Diligence

• Preparation of annual budget and quarterly forecasts including annual CAM & Tax Pre-bills
• Maintain proper quarterly and year end accounting working paper files.
• Preparation of monthly CAM & Tax recovery spreadsheets, Annual CAM & Tax Yearend billings
• Maintain monthly and year-end accounting working paper files – year-end file to include proper supporting documentation for all balance sheet accounts
• Monthly journal entries with proper supporting documentation
• Account reconciliations – includes asset & liability general ledger account reconciliations, ensure sub-ledgers reconcile with general ledger, CAM and Tax recoveries, rent roll sub-ledger reconciliation and tenant chargebacks
• Monthly financial statement preparation and variance analysis

Revenue/Treasury

• Assist in preparation of potential AGI/ARI schedules and ensure prompt submission of eligible AGI/ARIs to the respective Residential Tenancy Boards for approval.
• Review new leases, renewals, terminations and CPI increases entered in SAP
• Coordinate with Treasury Manager on investments of security deposits
• Monthly CTS and discrepancy reconciliation

Other

• Handle queries relating to portfolio from Internal staff and Auditors
• Other projects or financial responsibilities as assigned by Controller or Director
• Coding of out-of-scope invoices, seek approvals and send to AP department for payment

Qualifications

• Excellent communication skills, written and verbal
• Strong analytical, attention to detail and problem-solving skills
• Ability to work in a cross functional environment
• Proficiency in Excel is a requirement
• University or College degree in Accounting or Business, enrolled in CPA program or equivalent work experience
• Well organized, responsible, deadline oriented, flexible and able to multi-task
• 3-5 years minimum relevant industry experience with full cycle accounting experience