Property Accountant (Hybrid)

BGO Real Estate•Toronto, ON

4h•Hybrid

About The Position

The Property Accountant is responsible for adding value to BentallGreenOak (Canada) LP staff and clients by providing accurate and timely financial information that helps them to better manage their properties and budgets, make timely decisions, provide meaningful financial reports and monitor and control cash flows.

Requirements

Enrolled in 3rd/4th level of CPA program or equivalent post-secondary program
1-2 years commercial/retail property accounting experience an asset, including full cycle property accounting, CAM/Tax recoveries, and financial statement preparation
Ability to communicate effectively, both oral and written
Ability to develop and sustain cooperative working relationships
Team player
Ability to allocate one’s time effectively, work under pressure, and meet tight deadlines
Ability to handle multiple demands and competing priorities
Ability to prioritize workload
Ability to work at a detailed level
Willingness to learn in a dynamic environment that includes new ideas and change
Advance skills in Excel, Word, and other Microsoft Office programs
Knowledge of Yardi an asset
A criminal verification check is required for employment.

Nice To Haves

1-2 years commercial/retail property accounting experience an asset
full cycle property accounting
CAM/Tax recoveries
financial statement preparation
Knowledge of Yardi an asset

Responsibilities

Produce monthly Financial Statements according to IFRS/ASPE or as specified by client policy/requirements.
Provide supplementary reporting as required by the client
Utilize budgets and other tools to analyze variances
Reconcile, analyze and understand all Balance Sheet accounts
Prepare and record operating costs and realty tax adjustments monthly
Ensure all HST and other legislated taxes and assessments are reconciled and remitted on a timely basis
Monitor cash flows positions with special attention to monthly mortgage payments, payroll billings, management fees, property taxes, HST remittances, capital and leasing costs, and any other major monthly expenditure
Anticipate future cash deficiencies and arrange for funding (cash management)
Determine surplus funds for distributions to owners
Support site in reconciliation and invoicing of tenants as due
Supply tenant analysis and statements of accounts as required
Complete year end operating cost adjustments and tenant billings for assigned properties within 90 days of operating year end
Prepare property budgets within assigned deadlines
Provide input/feedback for improving procedures and initiating quality and efficiency enhancements
Communicate efficiently and effectively, in a professional manner, with all BentallGreenOak employees and clients
Assist in covering for vacation and absenteeism
Other duties as assigned from time to time
Embrace and proactively support BentallGreenOak's culture of environmental responsibility and social responsibility