Property Accountant

Allied • Toronto, ON

26d • Onsite

About The Position

Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Our work is grounded in a clear purpose: to provide knowledge-based organizations with distinctive urban environments that support creativity, connectivity and human wellness. Our vision is more expansive. We seek to make a continuous contribution to cities and culture that elevates and inspires the humanity in all of us. This vision informs how we operate, how we design and how we lead. Real estate, for us, is not a passive investment. It is a profoundly human endeavour, one that must promote wellness, sustainability, diversity and creativity—today and for generations to come. Allied is also a place to build a career of consequence. If you are looking for work that is thoughtful, tangible and enduring—work that contributes meaningfully to cities and the people who inhabit them—you will find purpose here. For more information on Allied’s approach to city-building, visit our Insights page. The purpose of the role is to manage the full accounting cycle for a portfolio of commercial properties. As a Property Accountant, you will perform a broad range of accounting responsibilities to ensure accurate financial reporting and support informed financial decision-making. Reporting to the Manager, Property Accounting, you will collaborate across the organization to support property-level accounting, financial reporting and operational insights, contributing to the financial performance of Allied’s portfolio.

Requirements

• At least two years of work experience in Property Accounting.
• University degree or college diploma in accounting or a related field.
• A willingness to learn and a positive attitude.
• An interest in the pursuit of a CPA designation.
• Strong computer skills, including MS Excel and MS Word.
• Strong organization and time management skills.

Nice To Haves

• Bilingual (French and English) would be an asset.

Responsibilities

• Manage the full accounting cycle of a portfolio of properties, including preparing journal entries, monthly operating costs, and tax recovery estimates.
• Review and analyze financial statements, balance sheets, recovery ratios to provide variance analysis.
• Prepare final annual operating costs and tax recovery adjustments, including preparing CAM audit statements and assisting with property tax appeals.
• Provide information for audit related queries and property appraisers and ensure that monthly reporting deadlines are met.
• Support our Finance team in the completion of annual budget and special projects.
• Maintain fixed asset module and prepare amortization entries.
• Prepare monthly operating costs and tax recovery estimates and maintain tenant recovery setup using Yardi.
• Prepare final annual operating costs and tax recovery adjustments and billings, including preparing CAM audit statements.
• Analyze, reconcile, and maintain monthly working papers for balance sheet accounts.

Benefits

• Eligible employees participate in performance-based bonus programs and a retirement savings program, with the option to invest in traditional funds or Allied units.
• In addition to vacation, employees receive six personal days and half-days before statutory holidays.
• Comprehensive, company-paid health benefits include vision and dental coverage, along with a healthcare spending account.
• An employee assistance program is available to provide confidential support when it is needed.
• Ongoing professional development and a mentorship program support growth through structured learning and day-to-day engagement with experienced colleagues across the organization.
• Each year, employees are provided with a paid volunteer day to contribute time and effort to a cause that is personally meaningful to them.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1-10 employees