Job Description

About the Job

Position: Property Accountant

Location: Toronto, Ontario

Salary: $75,000 - $90,000

Overview

A leading real estate investment firm is seeking a Property Accountant to support its growing portfolio of commercial properties. This role offers an exciting opportunity to manage financial reporting, budgeting, and analysis for a diverse real estate portfolio. With a competitive salary range of $75,000 - $90,000 , this position is ideal for accounting professionals looking to advance their careers in the property management industry.

Why Join?

Industry Leadership: Work with a top-tier real estate investment firm managing high-value commercial properties.

Career Growth: Gain exposure to a diverse portfolio and advance within a well-established company.

Compensation & Benefits: Competitive salary, benefits, and opportunities for professional development.

Collaborative Environment: Be part of a dynamic accounting team supporting large-scale property operations.

Responsibilities

• Prepare and maintain monthly financial statements, variance reports, and cash flow analyses for assigned properties.
• Manage accounts payable, accounts receivable, and tenant billings , ensuring accurate financial records.
• Assist in preparing annual budgets, reforecasts, and financial projections for property operations.
• Reconcile bank accounts, general ledger accounts, and tenant lease details to ensure financial accuracy.
• Review operating expenses, recoveries, and tenant chargebacks , ensuring proper allocation and compliance.
• Work closely with property managers and leasing teams to provide financial insights and reporting.
• Assist with year-end audits, financial documentation, and tax filings as needed.

Skills and Experience

• Real Estate Accounting Expertise: Experience handling financials for commercial real estate portfolios.
• Technical Skills: Proficiency in Yardi, MRI, or similar property management accounting software .
• Financial Acumen: Strong understanding of CAM (Common Area Maintenance) reconciliations and lease accounting .
• Communication & Collaboration: Ability to work effectively with property managers, tenants, and finance teams.
• Experience: Minimum 3+ years of property accounting experience, preferably in commercial real estate .
• Education: Bachelor's degree in Accounting, Finance, or a related field ; CPA designation or progress toward CPA is an asset.

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