Property Accountant

CROWN PROPERTY MANAGEMENTToronto, ON
CA$60,000 - CA$80,000

About The Position

The Property Accountant reports to the Manager, Property Accounting to provide reliable and timely financial reports for properties managed by CPMI on an efficient basis and provide efficient support to property managers and administrators.

Requirements

  • Degree or Diploma in Accounting or related field
  • CPA designation, or in pursuit of designation
  • Minimum 1 - 5 years of accounting experience within the commercial property management industry or experience within a public accounting firm
  • Advanced MS Office skills, specifically in Excel and Word
  • Strong analytical, organizational and time management skills
  • Experience assisting with preparing year end audit packages and statements for external auditors
  • Intermediate to advance Excel skills and working knowledge of real estate and property management financial accounting systems and software
  • Supports teamwork environment with positive and professional attitude
  • Open to learning, developing new skills/knowledge
  • Focuses on results: anticipates problems, identifies solutions, takes action
  • Understands all aspects of job - impact on business goals
  • Proactively assesses, responds to workflow deficiency, adheres to CPMI policy
  • Goes the "extra mile" to understand and respond to tenant/customer needs
  • Flexibility to changing work conditions including interruptions and multi-tasking ability
  • Behaves and makes decisions that support CPMI goals/objectives
  • Conducts business consistent with sustainability
  • Strong written and verbal communication skills
  • Understand basic financial management; specifically procedures for expenses/revenues
  • Ability to work independently and under pressure, deal with deadlines
  • Demonstrates integrity in decision-making, listening, treatment of others

Nice To Haves

  • Experience working with Yardi and understanding of Real Estate terminology considered an asset
  • A detail-oriented and organized individual with a strong interest in accounting and financial operations
  • Someone who takes ownership of tasks, follows through on deadlines, and maintains a high level of accuracy
  • A problem-solver who is comfortable investigating discrepancies and proposing solutions
  • A collaborative team player who communicates clearly and works across various departments
  • Able to work effectively both independently and as part of a collaborative team
  • Willingness and flexibility to work outside of regular hours when required

Responsibilities

  • Maintain the property accounting records for the assigned Commercial portfolio
  • Generate monthly financial statements and supporting schedules
  • Assist in reconciliation of capital projects costs
  • Complete the analysis of all capital costs incurred
  • Enter journal entries, A/R adjustments
  • Prepare annual Common Area Maintenance (CAM) and Tax final billing adjustments
  • Prepare year-end audit working paper files and maintain amortization schedules
  • Perform month-end activities, from balance sheet and account reconciliations to financial statement preparation
  • Assist with the preparation of budgets
  • Assist with various functions within the finance department as assigned
  • Support the property administration staff in the financial management of their properties
  • Respond to various inquiries of Owner’s and property management team
  • Analyze property records and address outstanding issues
  • Attend monthly financial review meetings
  • Monitor cash flow for assigned properties
  • Prepare monthly HST reconciliation
  • Efficient and effective communication, in a professional manner, with all employees and clients
  • Support property management administration staff in responding to financial inquiries from tenants and vendors (receivables, CAM and Tax recoveries)
  • Perform other related responsibilities as requested from time to time

Benefits

  • Base salary: $60,000 - $80,000 CAD per year, based on experience and qualifications
  • Eligibility for discretionary annual performance bonus linked to individual, team, and company goals
  • Comprehensive health benefits
  • Pension matching program to support your long-term financial security
  • Professional development and membership dues coverage
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