Property Accountant

CAPREIT•Toronto, ON

2d•CA$60,000 - CA$70,000

About The Position

The Property Accountant prepares and maintains accounting records which includes general accounting, costing and budget data. They are also responsible for examining, analyzing and interpreting accounting records for the purpose of preparing financial statements.

Requirements

College diploma or University degree in Accounting or Business
Actively pursuing CPA Designation (CAPREIT is a Pre-approved Program)
Strong analytical and problem solving skills
Ability to work under tight deadlines, multi-task and prioritize
Ability to communicate effectively, both oral and written
Must have strong working knowledge of MS Excel

Nice To Haves

Financial Statement experience is an asset

Responsibilities

Monthly financial statement preparation and variance analysis – completed on a timely basis as per monthly accounting schedule
Monthly journal entries preparation – to include proper supporting documentation
Account reconciliations – includes asset & liability general ledger account reconciliations, maintaining approved protected spreadsheets where required, ensure sub-ledgers reconcile with general ledger.
Revenue – rent roll sub-ledger reconciliation, preparation of tenant LMR interest cheques
Annual operating budget preparation and analysis – includes detailed utility rate and consumption analysis and variance explanations from pro-forma
Handle queries relating to portfolio from Operations staff & auditors
Maintain proper monthly and year-end accounting working paper files – year-end file to include proper supporting documentation for all balance sheet accounts
Proper set up of acquisitions and disposals in computer system – includes rent roll, subledgers, account analysis
Special projects as assigned by Accounting Manager