Property Accountant

Job summary

The Property Accountant is responsible for month-end reporting, variance analysis, and managing operating costs including CAM recoveries and tax billings. They also prepare financial statements, audit packages, and maintain operating and capital budgets.

Job details

Job title: Property Accountant / Senior Property Accountant Our client: Our client is a Toronto-based commercial real estate company managing a retail portfolio. The team is dynamic, collaborative, and growing, offering a hybrid work environment and opportunities to make an immediate impact. Principal tasks and responsibilities include: Month-end reporting, variance analysis, bank reconciliations, and tax filings (GST/QST) Preparing quarterly audit packages and liaising with auditors Drafting annual financial statements and cost statements Managing operating costs, CAM recoveries, and realty tax billings Preparing and maintaining operating and capital budgets, including quarterly re-forecasts Supporting new property acquisitions Assisting with ad-hoc projects as required Qualifications and pre-requisites: Junior-level candidates: 1-3 years accounting experience, ideally in property or real estate Exposure to financial reporting, CAM recoveries, or budgeting Bachelor's degree in Accounting, Business, or related field Progressing toward or holding a CPA designation (preferred) Strong Excel skills, ERP experience a plus (Yardi preferred) Strong communication skills and ability to manage multiple tasks Senior-level candidates: 3+ years accounting experience in property/real estate Solid experience with month-end processes, CAMs, reserves, budgeting, and forecasting Bachelor's degree in Accounting, Business, or related field CPA designation preferred Advanced Excel and ERP skills (Yardi a plus) Strong interpersonal skills and ability to work across teams Flexibility to travel to properties as needed Additional information or perks (optional): Competitive salary: $80,000-$85,000, based on experience, senior applicants with 5+ years, comp is negotiable Hybrid work environment Opportunity to grow within a collaborative real estate team Inclusive workplace with accommodation available during the hiring process

What you’ll do

The Property Accountant is responsible for month-end reporting, variance analysis, and managing operating costs including CAM recoveries and tax billings. They also prepare financial statements, audit packages, and maintain operating and capital budgets.

Requirements

Candidates must have a Bachelor's degree in Accounting or a related field and 1-3 or 3+ years of relevant experience. Proficiency in Excel is required, and a CPA designation or progress toward one is preferred.

Benefits

• Hybrid work environment • Competitive salary • Professional growth opportunities

Listed skills

• Budgeting · Preferred
• interpersonal skills · Preferred
• Microsoft Excel · Preferred
• Communication Skills · Preferred
• Accounting · Preferred
• Forecasting · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Month-end reporting
• Variance analysis
• Bank reconciliations
• Tax filings
• Financial statements
• CAM recoveries
• Budgeting
• Forecasting
• Excel
• Yardi
• Communication skills
• Interpersonal skills
• Accounting

Job areas

• Finance & Accounting
• Sales