Property Accountant

Beedie•Burnaby, BC

16d•$75,000 - $85,000

About The Position

We are seeking a Property Accountant to take ownership of the full-cycle accounting and reporting for an assigned portfolio of income properties. This role includes managing reconciliations, working capital, budgeting, and forecasting. The successful candidate will collaborate with teams across property management, leasing, accounting, finance, and tax to provide consolidated information and ensure accurate financial reporting. This is an excellent opportunity to play a pivotal role in the financial operations of a dynamic organization.

Requirements

Completion of accounting designation (CMA, CGA, CA, CPA) and university level education
Minimum 5 years of progressive experience in property management and a full-cycle real estate accounting environment
High level experience in computer skills including Yardi, Microsoft Office (Excel, Word, SharePoint, Teams)
Strong attention to detail balanced with an curiosity and awareness of the bigger picture
Strong work ethic and sense of responsibility and confidentiality
Strong decision making, communication (both verbal and written), and analytical skills
Proven ability to work proactively both independently and in a collaborative team environment
Able to balance competing priorities and prioritize deliverables while keeping stakeholders informed of progress

Responsibilities

Property management accounting
Maintain lease and tenant information in Yardi, and process annual rent schedules
Prepare operating cost reconciliations for tenants and respond to tenant inquiries
Review and ensure accuracy of rent rolls
Coordinate chargebacks to tenants
Calculate monthly management fees
Support property budget process
Prepare budget variance analysis reports and report significant variances
Set up new properties, record fixed asset purchases and set up amortization schedules
Support asset valuation calculations
Work closely with the property management and leasing teams
Full cycle accounting
Maintain the general ledger and ensure consistency with GAAP, including accruals, amortization, and bad debts
Oversee AR, including reporting and assisting with collections
Monitor the AP cycle, including approving invoices and purchase orders
Ensure sources and uses of funds are appropriately monitored to:
meet working capital requirements in accordance with the budget
maintain owner equity requirements including distributions and capital calls
Prepare requisitions for intercompany reimbursements and investor distributions
Meet monthly, quarterly, and year-end deadlines including preparation interim and year-end reports, trial balances, financial statements, and consolidated working papers
Other duties
Support treasury team with property financings
Review employee expense reimbursement requests
Communicate key issues with management
Proactively problem solve and identify areas for improvement
Assist with special projects and other duties as assigned by management