Senior Property Accountant
Top Benefits
About the role
Senior Property Accountant Location: Victoria, BC (Head Office)
About Devon Properties Devon Properties Ltd. is a leading property management and real estate services firm headquartered in Victoria, British Columbia, with offices in Vancouver and Kelowna. We are dedicated to improving the rental market for everyone through well-maintained properties, satisfied residents, and detailed financial reporting. Our culture values strong communication, collaboration, and a commitment to excellence in everything we do.
The Opportunity The Senior Property Accountant will be responsible for the full cycle accounting for assigned buildings under management by Devon Properties. This is an opportunity to take the next step in your career and round out your experience at an established company in property management and real estate services. You will have the opportunity to help us grow and further develop accounting business practices as the organization continues to expand across Western Canada. This is an opportunity for an enthusiastic and energetic candidate with solid accounting expertise and a strong business acumen. You will have the opportunity to enhance your skillset and deliver demonstrable improvements to the performance of accounting systems, processes, and deliverables.
What We Offer
- Competitive salary $70,000.00 - $80,000.00 per year
- A collaborative and professional work environment
- Career development and advancement opportunities within a dynamic team
- Extended health and dental benefits.
- 3 weeks’ vacation per calendar year.
- Monthly rent day lunch is provided by the company in addition to various social events that happen throughout the year to support a successful team environment.
Key Responsibilities Responsibilities include but are not limited to the following:
- Preparation and review of monthly accounting records for a REIT and the Limited Partnerships.
- Maintaining general ledger for the property portfolio, including: Post journal entries. Analyze general ledger and process accruals. Analyze and interpret balance sheets and income statements and provide financial/management reports as requested. Reconcile balance sheet accounts for all properties in portfolio. Prepare bank reconciliations for portfolio of properties on monthly basis. Prepare variance analysis reports on a monthly basis. Reconciliation of REIT’s intercompany balances. Review and process cash distributions.
- Prepare payments from corporate bank accounts and manage the cash requirements of the REIT.
- Preparation of the consolidated monthly financial statements of the REIT. This includes the preparation of accounting for complex accounting areas and the preparation of the quarter and year-end audit working papers and liaising with outside accountants and auditors.
- Accounting supervision to ensure the accurate and efficient month-end reporting. This includes, but is not limited to the review of monthly invoice posting to ensure accuracy of costs, G/L coding, and sufficient descriptions of the invoiced services/supplies. Ensure that all balance sheet accounts reconcile to supporting subledger documentation
- Assist with the preparation of year-end financial statements, supporting schedules, and audit documentation for external review, ensuring all year-end audit requirements are completed for the assigned portfolio.
- Assist in the development of financial forecasts and budgets while also providing regular analysis and recommendations to the benefit of the business.
- If required, processing the full cycle accounting for other buildings in the Devon Portfolio.
Qualifications
- 3+ Years of prior professional full-cycle accounting experience required, preferably in real estate, legal, and/or accounting industries. Proven experience in variance analysis, budgeting, etc. is required
- Experience with RealPage would be considered an asset
- College diploma or University degree in business or financial management is a must.
- A professional accounting designation (e.g., CPA) or working towards an accounting designation would be considered an asset
- Comprehensive working knowledge of all aspects of accounts payable, receivables, bank reconciliations and financial statements is required
- Strong computer skills, including MS Office and Outlook, and very strong Excel knowledge is required. Working with Pivot Tables or Power Pivot would be an added bonus
- Attention to detail, time-management, prioritizing, and multi-tasking skills
- Strong analytical and problem-solving skills Ability to communicate clearly both verbally and in writing required.
Devon Properties Ltd. is an equal opportunity employer. We thank all applicants for their interest; however, only those selected for an interview will be contacted.
Similar Jobs
Senior Property Accountant
Top Benefits
About the role
Senior Property Accountant Location: Victoria, BC (Head Office)
About Devon Properties Devon Properties Ltd. is a leading property management and real estate services firm headquartered in Victoria, British Columbia, with offices in Vancouver and Kelowna. We are dedicated to improving the rental market for everyone through well-maintained properties, satisfied residents, and detailed financial reporting. Our culture values strong communication, collaboration, and a commitment to excellence in everything we do.
The Opportunity The Senior Property Accountant will be responsible for the full cycle accounting for assigned buildings under management by Devon Properties. This is an opportunity to take the next step in your career and round out your experience at an established company in property management and real estate services. You will have the opportunity to help us grow and further develop accounting business practices as the organization continues to expand across Western Canada. This is an opportunity for an enthusiastic and energetic candidate with solid accounting expertise and a strong business acumen. You will have the opportunity to enhance your skillset and deliver demonstrable improvements to the performance of accounting systems, processes, and deliverables.
What We Offer
- Competitive salary $70,000.00 - $80,000.00 per year
- A collaborative and professional work environment
- Career development and advancement opportunities within a dynamic team
- Extended health and dental benefits.
- 3 weeks’ vacation per calendar year.
- Monthly rent day lunch is provided by the company in addition to various social events that happen throughout the year to support a successful team environment.
Key Responsibilities Responsibilities include but are not limited to the following:
- Preparation and review of monthly accounting records for a REIT and the Limited Partnerships.
- Maintaining general ledger for the property portfolio, including: Post journal entries. Analyze general ledger and process accruals. Analyze and interpret balance sheets and income statements and provide financial/management reports as requested. Reconcile balance sheet accounts for all properties in portfolio. Prepare bank reconciliations for portfolio of properties on monthly basis. Prepare variance analysis reports on a monthly basis. Reconciliation of REIT’s intercompany balances. Review and process cash distributions.
- Prepare payments from corporate bank accounts and manage the cash requirements of the REIT.
- Preparation of the consolidated monthly financial statements of the REIT. This includes the preparation of accounting for complex accounting areas and the preparation of the quarter and year-end audit working papers and liaising with outside accountants and auditors.
- Accounting supervision to ensure the accurate and efficient month-end reporting. This includes, but is not limited to the review of monthly invoice posting to ensure accuracy of costs, G/L coding, and sufficient descriptions of the invoiced services/supplies. Ensure that all balance sheet accounts reconcile to supporting subledger documentation
- Assist with the preparation of year-end financial statements, supporting schedules, and audit documentation for external review, ensuring all year-end audit requirements are completed for the assigned portfolio.
- Assist in the development of financial forecasts and budgets while also providing regular analysis and recommendations to the benefit of the business.
- If required, processing the full cycle accounting for other buildings in the Devon Portfolio.
Qualifications
- 3+ Years of prior professional full-cycle accounting experience required, preferably in real estate, legal, and/or accounting industries. Proven experience in variance analysis, budgeting, etc. is required
- Experience with RealPage would be considered an asset
- College diploma or University degree in business or financial management is a must.
- A professional accounting designation (e.g., CPA) or working towards an accounting designation would be considered an asset
- Comprehensive working knowledge of all aspects of accounts payable, receivables, bank reconciliations and financial statements is required
- Strong computer skills, including MS Office and Outlook, and very strong Excel knowledge is required. Working with Pivot Tables or Power Pivot would be an added bonus
- Attention to detail, time-management, prioritizing, and multi-tasking skills
- Strong analytical and problem-solving skills Ability to communicate clearly both verbally and in writing required.
Devon Properties Ltd. is an equal opportunity employer. We thank all applicants for their interest; however, only those selected for an interview will be contacted.