About the role
Position Summary and Objectives
The Property Accountant reports to the Supervisor, Property Accounting to provide reliable and timely financial reports for properties managed by CPMI on an efficient basis and provide efficient support to property managers and administrators. This role would require the incumbent to travel to Crown’s head office in Toronto for training and other job-related purposes.
Responsibilities
Provide Superior Returns to our Investors through Accurate and Reliable Financial Information
- Maintain the property accounting records for the assigned Commercial portfolio
- Generate monthly financial statements and supporting schedules
- Assist in reconciliation of capital projects costs
- Complete the analysis of all capital costs incurred
- Enter journal entries, A/R adjustments
- Prepare annual Common Area Maintenance (CAM) and Tax final billing adjustments
- Prepare year-end audit working paper files and maintain amortization schedules
- Perform month-end activities, from balance sheet and account reconciliations to financial statement preparation
- Assist with the preparation of budgets
- Assist with various functions within the finance department as assigned
- Support the property administration staff in the financial management of their properties
- Respond to various inquiries of Owner’s and property management team
- Analyze property records and address outstanding issues
- Attend monthly financial review meetings
- Monitor cash flow for assigned properties
- Prepare monthly HST reconciliation
- Occasional travel to Crown’s head office in Toronto for training and other job-related purposes.
Deliver Excellent Service to Tenants and Vendors
- Efficient and effective communication, in a professional manner, with all employees and clients
- Support property management administration staff in responding to financial inquiries from tenants and vendors (receivables, CAM and Tax recoveries)
Perform other related responsibilities as requested from time to time
Qualifications
Education
- Degree or Diploma in Accounting or related field
- CPA designation, or in pursuit of designation
Professional Experience
- Minimum 5 years of accounting experience within the commercial property management industry or experience within a public accounting firm
- Advanced MS Office skills, specifically in Excel and Word
- Strong analytical, organizational and time management skills
- Experience assisting with preparing year end audit packages and statements for external auditors
- Intermediate to advance Excel skills and working knowledge of real estate and property management financial accounting systems and software
- Experience working with Yardi and understanding of Real Estate terminology considered an asset
Personal Competencies
- Supports teamwork environment with positive and professional attitude
- Open to learning, developing new skills/knowledge
- Focuses on results: anticipates problems, identifies solutions, takes action
- Understands all aspects of job - impact on business goals
- Proactively assesses, responds to workflow deficiency, adheres to CPMI policy
- Goes the "extra mile" to understand and respond to tenant/customer needs
- Flexibility to changing work conditions including interruptions and multi-tasking ability
- Behaves and makes decisions that support CPMI goals/objectives
- Conducts business consistent with sustainability
- Strong written and verbal communication skills
- Understand basic financial management; specifically procedures for expenses/revenues
- Ability to work independently and under pressure, deal with deadlines
- Demonstrates integrity in decision-making, listening, treatment of others
CPMI is committed to accommodating employees with disabilities throughout their employment with Crown in accordance with the Accessibility for Ontarians with Disabilities Act (AODA). If you require accommodation, please let us know.
About Crown Property Management Inc.
Crown is a commercial real estate investment, property management organization committed to delivering both higher performance for our investors and a better experience for our tenants throughout the Greater Toronto Area and Greater Ottawa Area.
Investment Savvy: At Crown, we specialize in identifying undervalued real estate assets and optimizing every detail of operations to maximize their value. We co-invest to acquire, finance and realize untapped potential. From re-zoning and redevelopment to property branding and parking operations, no consideration is too small...or too big.
Real Estate Management: A Crown building is an actively managed one. We work tirelessly to elevate each Crown property's profile. For each property, a multi-disciplinary team of Crown professionals with expertise in investing, asset management, property management, and leasing develop a comprehensive strategic plan. Our hands-on approach to real estate management delivers both higher performance for our investors and a better experience for our tenants.
Tenant Focused: We strive to be the manager of choice for tenants. By understanding what high performing businesses and their employees truly value, we deliver the details that businesses appreciate most from welcoming lobbies, to on-site concierge services, to shuttle buses and sustainability initiatives. Even small gestures like self-serve maintenance perks in our parking garages add up to a big difference.
Taking the Lead on Leasing: We actively seek customers who will make a positive contribution to the future of our properties. Equally important, we make it easy for them to relocate to a Crown building, through a seamless leasing process, a variety of construction options, and the creative structuring of lease terms. With existing customers, we work to extend and renew lease terms in advance, carefully managing risk by spreading lease maturities over time.
About the role
Position Summary and Objectives
The Property Accountant reports to the Supervisor, Property Accounting to provide reliable and timely financial reports for properties managed by CPMI on an efficient basis and provide efficient support to property managers and administrators. This role would require the incumbent to travel to Crown’s head office in Toronto for training and other job-related purposes.
Responsibilities
Provide Superior Returns to our Investors through Accurate and Reliable Financial Information
- Maintain the property accounting records for the assigned Commercial portfolio
- Generate monthly financial statements and supporting schedules
- Assist in reconciliation of capital projects costs
- Complete the analysis of all capital costs incurred
- Enter journal entries, A/R adjustments
- Prepare annual Common Area Maintenance (CAM) and Tax final billing adjustments
- Prepare year-end audit working paper files and maintain amortization schedules
- Perform month-end activities, from balance sheet and account reconciliations to financial statement preparation
- Assist with the preparation of budgets
- Assist with various functions within the finance department as assigned
- Support the property administration staff in the financial management of their properties
- Respond to various inquiries of Owner’s and property management team
- Analyze property records and address outstanding issues
- Attend monthly financial review meetings
- Monitor cash flow for assigned properties
- Prepare monthly HST reconciliation
- Occasional travel to Crown’s head office in Toronto for training and other job-related purposes.
Deliver Excellent Service to Tenants and Vendors
- Efficient and effective communication, in a professional manner, with all employees and clients
- Support property management administration staff in responding to financial inquiries from tenants and vendors (receivables, CAM and Tax recoveries)
Perform other related responsibilities as requested from time to time
Qualifications
Education
- Degree or Diploma in Accounting or related field
- CPA designation, or in pursuit of designation
Professional Experience
- Minimum 5 years of accounting experience within the commercial property management industry or experience within a public accounting firm
- Advanced MS Office skills, specifically in Excel and Word
- Strong analytical, organizational and time management skills
- Experience assisting with preparing year end audit packages and statements for external auditors
- Intermediate to advance Excel skills and working knowledge of real estate and property management financial accounting systems and software
- Experience working with Yardi and understanding of Real Estate terminology considered an asset
Personal Competencies
- Supports teamwork environment with positive and professional attitude
- Open to learning, developing new skills/knowledge
- Focuses on results: anticipates problems, identifies solutions, takes action
- Understands all aspects of job - impact on business goals
- Proactively assesses, responds to workflow deficiency, adheres to CPMI policy
- Goes the "extra mile" to understand and respond to tenant/customer needs
- Flexibility to changing work conditions including interruptions and multi-tasking ability
- Behaves and makes decisions that support CPMI goals/objectives
- Conducts business consistent with sustainability
- Strong written and verbal communication skills
- Understand basic financial management; specifically procedures for expenses/revenues
- Ability to work independently and under pressure, deal with deadlines
- Demonstrates integrity in decision-making, listening, treatment of others
CPMI is committed to accommodating employees with disabilities throughout their employment with Crown in accordance with the Accessibility for Ontarians with Disabilities Act (AODA). If you require accommodation, please let us know.
About Crown Property Management Inc.
Crown is a commercial real estate investment, property management organization committed to delivering both higher performance for our investors and a better experience for our tenants throughout the Greater Toronto Area and Greater Ottawa Area.
Investment Savvy: At Crown, we specialize in identifying undervalued real estate assets and optimizing every detail of operations to maximize their value. We co-invest to acquire, finance and realize untapped potential. From re-zoning and redevelopment to property branding and parking operations, no consideration is too small...or too big.
Real Estate Management: A Crown building is an actively managed one. We work tirelessly to elevate each Crown property's profile. For each property, a multi-disciplinary team of Crown professionals with expertise in investing, asset management, property management, and leasing develop a comprehensive strategic plan. Our hands-on approach to real estate management delivers both higher performance for our investors and a better experience for our tenants.
Tenant Focused: We strive to be the manager of choice for tenants. By understanding what high performing businesses and their employees truly value, we deliver the details that businesses appreciate most from welcoming lobbies, to on-site concierge services, to shuttle buses and sustainability initiatives. Even small gestures like self-serve maintenance perks in our parking garages add up to a big difference.
Taking the Lead on Leasing: We actively seek customers who will make a positive contribution to the future of our properties. Equally important, we make it easy for them to relocate to a Crown building, through a seamless leasing process, a variety of construction options, and the creative structuring of lease terms. With existing customers, we work to extend and renew lease terms in advance, carefully managing risk by spreading lease maturities over time.