Our client is seeking a Property Accountant to join their finance team. The successful candidate will work with the Director of Finance to manage the full accounting cycle for a portfolio of both residential and commercial properties, including general ledger accounting, preparing budgets, year-end billings and financial statements, and providing accounting support to internal teams.

Responsibilities:

• Prepare the annual budget, including lease assumptions, utility/property tax forecasting, and contract schedule updating
• Collaborate with operations and property administration teams to ensure budgets are completed accurately and submitted on time
• Enter all budgets into YARDI with proper monthly spreads
• Perform year end CAM (Common Area Maintenance) and Tax recovery calculations, reconciliations and adjustments
• Prepare year-end working paper files, ensuring accuracy and completeness of financial statements and comparative analyses
• Coordinate with auditors by providing necessary backup documentation and address audit queries
• Prepare monthly reporting for third-party clients (including financial statements, working papers, and supporting schedules)
• Prepare quarterly reporting for owned properties (including variance analysis)
• Responsible for month-end closing procedures, including management fee charges and monthly Rent Roll setup
• Support daily accounting operations with a focus on accuracy and timeliness
• Process one-time pull payments for residential and commercial tenants in a timely manner
• Monitor and reconcile pre-payments & credits, ensuring accurate application to tenant accounts
• Assist with tenant account adjustments and tenant/vendor charge-backs as needed
• Liaise with Property Managers and administrators regarding related accounting matters
• Maintain a well-organized and accessible accounting filing system
• Responsible for all aspects of general ledger accounting, including preparing monthly journal entries
• Complete bank reconciliations, take ownership of GL reconciliations, and ensure any discrepancies are resolved promptly
• Post monthly mortgage payments and reconcile annual mortgage statements
• Responsible for monthly percentage rent charges for commercial tenants
• Process quarterly Bell/Rogers/laundry residuals
• Reconcile AGI, including preparing statements and adjusting tenant’s accounts
• Complete HST reconciliations and filings
• Review and update rent increases, LMR interest calculations, and last month’s rent applications
• Complete other tasks and responsibilities as assigned to maintain accurate and efficient workflow and reporting

Qualifications:

• University degree
• CPA designation is preferred but not required
• Minimum 3-5 years of progressive property accounting experience in commercial real estate, including a strong understanding of CAM and tax recovery
• Residential accounting experience is preferred but not required
• Advanced Microsoft Excel skills and proficiency with Microsoft Word and Outlook
• Proficiency in Yardi 7S required
• Exceptional attention to detail and commitment to accuracy
• Strong sense of accountability and ownership over assigned responsibilities
• Proven ability to work independently and take initiative in identifying and solving problems
• Excellent analytical, communication, and interpersonal skills
• Collaborative team player with a positive, can-do attitude
• Strong interpersonal skills with the ability to deal effectively and professionally under pressure

TDS Personnel is an equal opportunity employer and is committed to providing employment in accordance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act. Accommodations within reason due to a disability or medical need are available on request for candidates taking part in the recruitment process.