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Senior Property Accountant Jobs

Company

Kassen Recruitment

Address Toronto, Ontario, Canada
Employment type FULL_TIME
Salary
Category Accounting
Expires 2023-08-25
Posted at 9 months ago
Job Description
Position Title: Senior Property Accountant


In this role, you will take ownership and responsibility for a portfolio of Income Producing assets and Development projects. The Senior Property Accountant will take on tasks not only related to Property Accounting but will also perform duties related to Development Accounting, Financial, Planning, & Analysis (FP&A), Financial & Investor Reporting, and Tax Compliance. Candidate is expected to collaborate with Development, Leasing, Operations, Asset Management, and Corporate Accounting Teams.


Responsibilities


  • Participate in the monthly Operations / Accounting meetings on portfolio planning and the discussion and presentation of property results
  • Coordinate the integration of new properties into the accounting work flow and reporting structure (acquisitions) and also assist with dispositions, as required.
  • Full cycle accounting responsibilities for financial statement preparation which includes balance sheet reconciliation and adequate documentation
  • Prepare HST reconciliations and returns
  • Prepare reporting and variance analysis on an individual property basis and/or consolidated limited partnership portfolio basis
  • Prepare audit and tax working papers. Draft financial statement reports with supporting notes in accordance with ASPE
  • Consolidate and prepare the annual budget and reforecast on a periodic basis
  • Collaborate with Development Team by preparing and updating budgets, contracts, and forecasts in Yardi Job Cost/Construction Management module
  • Work proactively with the Operations and Leasing team to identify issues regarding the monthly financial results, tenant CAM / TAX questions, and provide guidance on proper accounting policies
  • Act as a systems and process support for Accounting and Operations
  • Support and implement special project initiatives including; documentation, process efficiencies, and implementation of system related improvements
  • Identify and review old or significantly high accounts receivable balances for allowance setup or bad debt write offs
  • Mentor and train newly hired and junior Property Accountants on the monthly reporting process, accounting policies and procedures, and accounting system
  • Assist the team leader to ensure that the overall team monthly reporting is completed on time and accurately
Skillsets and Educational Requirements:


  • Highly proficient in Microsoft Office with a emphasis on Excel, Outlook and Powerpoint
  • Yardi Voyager experience is required
  • Bachelor’s degree in an accounting related field of study
  • Accounting designation preferred (CMA / CGA / CA / CPA)
  • Minimum 3 years of property accounting experience
Other:


  • Compensation commensurate with experience plus bonus of up to 10
  • Currently, company does not have a hybrid work from home policy. Expectation is for employee to come to the office every business day
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