Opens LinkedIn
- Employment type
- Full-time
- Experience level
- 4+ years
- Minimum education
- College diploma
- Posting language
- English
- Office presence
- 3 days per week
- Application method
- Apply on LinkedIn (LinkedIn sign-in required)
Job summary
Lead and coach a team of property accountants while overseeing accounting and financial reporting for a portfolio of commercial real estate properties. Manage budgets, recoveries, cash flow, monthly and quarterly reporting, and acquisition or disposition accounting, collaborating with property and asset managers, investors, and senior leadership.
Job details
Supervisor, Property Accounting (Toronto - hybrid role - 3 days in office | 2 days WFH) Compensation: $100,000 - $110,000 + 8-10% annual bonus About you The Supervisor, Property Accounting is responsible for overseeing the accounting and financial reporting functions for a portfolio of commercial real estate properties while providing leadership, guidance, and performance management to a team of property accountants. This role ensures the accuracy and timeliness of financial reporting, budgeting, CAM and tax recoveries, cash management, and month-end and year-end accounting processes. The incumbent works closely with Asset Managers, Property Managers, investors, and senior leadership to support operational and strategic business objectives, while maintaining strong financial controls and ensuring compliance with accounting standards and company policies. You as a Supervisor, Property Accounting will: Manage, mentor, and assess performance of a team of property accountants. Respond and prepare analytical reports for Asset Management relating to the properties under your portfolio. Preparation of analytical reports relating to the billing, payable and cash collection cycle. Preparation and review of annual final CAM and Tax billing – including building a model in excel and lease audits of existing models. Liaise with investors, where required. Assist in managing dispositions and acquisitions of commercial real estate including: entries, reconciliations and onboarding as necessary. Preparation and review of month-end/recurring journal entries. Preparation and review of monthly reporting packages (including financial statements). Preparation and review of quarterly reporting packages (including financial statements, work papers and supporting schedules). Preparation and review of intercompany charge backs. Preparation and review of annual budget. Preparation and review of tenant/vendor chargebacks as needed. Liaise with Property Managers and Asset Managers. Cash flow management and cash calls when required. Is this the right role for you? You will bring: Excellent verbal and written communication skills, including the ability to prepare clear and concise financial reports. Proven ability to manage multiple priorities, meet tight deadlines, and work effectively in a fast-paced environment. Proficiency in Microsoft Office Suite, with advanced Excel skills (pivot tables, VLOOKUP, data analysis). Ability to work collaboratively with cross-functional teams, including Property Managers and Asset Managers. Ability to review work of other peer accountants in a timely manner and provide coaching and mentoring. Strong attention to detail with the ability to organize/manage multiple tasks and meet deadlines in a demanding work environment. Excellent computer skills with a proficiency in Excel, Microsoft Word, and accounting software packages. Knowledge of MRI is a major asset. Experience: 4+ years of experience in real estate accounting space or 2 years auditing experience of real estate clients in major accounting Post-secondary degree or diploma in Accounting, Finance, Business Administration, or related field required. AI may me used in the screening of this process - this role is for an existing position.
What you’ll do
Lead and coach a team of property accountants while overseeing accounting and financial reporting for a portfolio of commercial real estate properties. Manage budgets, recoveries, cash flow, monthly and quarterly reporting, and acquisition or disposition accounting, collaborating with property and asset managers, investors, and senior leadership.
Requirements
Requires a post-secondary degree or diploma in accounting, finance, business administration, or a related field, plus at least four years of real estate accounting experience or two years auditing real estate clients. Candidates should have advanced Excel skills, strong communication and organizational abilities, and experience reviewing and coaching accounting work; knowledge of MRI is an asset.
Listed skills
- Team Leadership · Preferred
- Financial Reporting · Preferred
- Budgeting · Preferred
- Microsoft Excel · Preferred
Other relevant skills
Identified from the job description. Confirm important requirements above.
- Property Accounting
- Team Leadership
- Financial Reporting
- Budgeting
- CAM And Tax Recoveries
- Cash Management
- Month-End And Year-End Accounting
- Journal Entries
- Financial Statement Preparation
- Excel
- Pivot Tables
- VLOOKUP
- Analytical Reporting
- Lease Audits
- Intercompany Chargebacks
- MRI
Job areas
- Finance & Accounting
- Management & Leadership
- Sales
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