Property Accountant

Job summary

The Property Accountant manages full-cycle accounting and financial reporting for a commercial office and retail portfolio. Key duties include preparing financial statements, managing month-end closes, and administering tenant billings and rent recoveries.

Job details

Property Accountant Ref: 1126553 Toronto, ON(in office role) $85,000 + 10% Bonus Full-Time, Permanent Your New Company Our client is a well-established commercial real estate owner and manager with a substantial portfolio of office and retail properties across the Greater Toronto Area. Known for its long-term approach to property ownership and commitment to operational excellence, the organization offers a stable, collaborative environment where employees are given broad exposure and opportunities for professional growth. Your New Role Reporting to the VP Finance, the Property Accountant will be responsible for the full-cycle accounting and financial reporting of a portfolio of commercial office and retail properties totaling approximately 550,000 square feet. Key responsibilities include: Performing full-cycle accounting for a portfolio of commercial properties Preparing monthly financial statements, reporting packages, and supporting working papers Managing month-end and year-end close processes Completing balance sheet and bank reconciliations Maintaining property general ledgers and supporting budgeting and forecasting activities Processing tenant billings, rent charges, and tenant receipts Reconciling tenant accounts and resolving discrepancies Administering additional rent recoveries and operating cost reconciliations Maintaining lease information within Yardi, including amendments, renewals, and escalations Analyzing operating results and investigating financial variances Supporting audits, HST filings, and other compliance requirements Working closely with property management and operations teams to ensure accurate financial reporting and tenant accounting Assisting with process improvements and special projects as required This is an excellent opportunity for someone seeking broad exposure to all aspects of commercial property accounting within a collaborative and growing organization. What You'll Need to Succeed To be considered for this role, you will possess: 5+ years of accounting experience, preferably within commercial real estate or property accounting Experience accounting for office properties A diploma or degree in Accounting, Finance, Business, or a related field Experience with Yardi Voyager or a similar property management/accounting system Strong Excel and financial reporting skills Excellent communication and interpersonal abilities Strong attention to detail and a high level of accountability A stable employment history demonstrating reliability and commitment The ability to work independently while contributing effectively within a team environment A flexible, hands-on approach and positive attitude What You'll Get in Return In return, you'll join a respected commercial real estate organization offering: Base salary of $85,000 10% annual performance bonus Company-paid benefits from day one Three weeks of vacation 37.5-hour work week Flexible start and finish times Broad exposure across property accounting, financial reporting, and commercial real estate operations Ongoing learning and development opportunities A stable and collaborative working environment Primarily office-based work with occasional ad hoc work-from-home flexibility What You Need to Do Now If you meet all the requirements for this role, please apply quoting reference number: 1126553. Thank you in advance for your interest. This posting is for an existing vacancy with the organization. AI may be used in the screening process for this role.

What you’ll do

The Property Accountant manages full-cycle accounting and financial reporting for a commercial office and retail portfolio. Key duties include preparing financial statements, managing month-end closes, and administering tenant billings and rent recoveries.

Requirements

Candidates need 5+ years of accounting experience, preferably in commercial real estate, and proficiency with Yardi Voyager and Excel. A degree or diploma in Accounting, Finance, or Business is required.

Benefits

• Annual performance bonus • Company-paid benefits • Three weeks of vacation • Flexible start and finish times • Learning and development opportunities

Listed skills

• Budgeting · Preferred
• Financial Reporting · Preferred
• Microsoft Excel · Preferred
• Month-End Close · Preferred
• Forecasting · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Full-cycle accounting
• Financial reporting
• Month-end close
• Year-end close
• Bank reconciliations
• Budgeting
• Forecasting
• Tenant billings
• Rent recoveries
• Operating cost reconciliations
• Yardi Voyager
• Microsoft Excel
• HST filings
• Commercial real estate accounting
• Financial variance analysis
• Audit support

Job areas

• Finance & Accounting
• Sales