Property Accountant POST NUMBER: 454097
About the Opportunity
- Work with the full accounting cycle, including daily bank reconciliation, journal entries, general ledger, recovery, accounts payable, accounts receivable, and year-end billing process
- Prepare detailed monthly variance analysis, account reconciliations, and CAM and tax recovery shortfall and ratio analysis while investigating the cause of variances and propose troubleshooting solutions
- Monitor and reconcile capital projects and leasing costs, and prepare cash distribution on a monthly/quarterly basis
- Prepare year-end audit package and entity financial statements and liaise with external auditors
- Review and analyze financial information and process the information efficiently, and take appropriate actions with minimal supervision to address and resolve the matters
- Work with the property management and leasing team to prepare annual budgets and quarterly forecasts based on leasing assumptions, capital, and operating expenditures projections
- Assist in preparation of monthly, quarterly, and annual reporting, and other financial information as required to Senior Management, Property Managers, and Owners, as needed
- Ensure all financial reporting procedures and processes are in accordance with agreed-upon or mandated schedules, owner requirements, and some customized approaches as mandated by specific owners
- Coordinate with property management to ensure that Owner reports are produced accurately and on time, with correct commentary; review the financial component of the executive summary and variance comments on the reports, and assist as necessary in the drafting of the report
- Ensure that all regulatory and government returns, and reporting (monthly/quarterly GST/HST, annual returns) are filed on time
- Work effectively and collaboratively with property management and other staff to provide value-added customer service to internal and external clients
About You
- Minimum 1-3 years of property accounting experience within the commercial real estate industry, ideally with experience working on behalf of a 3rd party manager with a variety of owners and/or joint ventures
- Accounting designation (CPA) in progress and/or bachelor’s degree in Accounting/Mathematics is preferred
- Strong understanding of accounting standards (ASPE / IFRS) and internal controls
- Must have a positive “can do” attitude with a proven track record for meeting/exceeding deadlines and producing accurate work
- Well-developed ability to build solid, respectful, and collaborative relationships and establish rapport and credibility within the organization as well as with external partners and service providers
- Ability to work independently but also as part of a team
- Ability to manage multiple priorities in a fast-paced environment, and meet deadlines under pressure
- Strong organizational and planning skills, ability to prioritize work and concurrently manage multiple tasks, projects, and deadlines with attention to detail, timelines, and budgets
- Excellent working knowledge of Excel and computerized accounting systems
- Experience in and knowledge of Yardi is an asset
- Must be able to communicate effectively, both written and orally, in the English language and work well with property management/site staff
- Must be willing to learn new concepts in the monthly accounting cycle
- Must be self-motivated, possess strong organizational and analytical skills and have the desire to learn
Salary Range
$85,000 - $90,000
How to Apply
Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats. When referencing this job, quote # 454097
You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.
Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.