Sr. Property Accountant
About the role
**Job Title:**Senior Property Accountant
**Reports To:**Assistant Director, Property Accounting
**Department:**Property Accounting
Position Summary
This full-time role will focus on property accounting, including general accounting functions such as preparing accurate and complete month-end packages, tenant year-end reconciliations and invoices, and performing other account analysis and reconciliations as required.
Responsibilities:
- Create and enter all adjusting entries, and maintain accurate and detailed accounting records;
- Liaise with property management team to ensure understanding of all properties and review of ongoing activities at the property level;
- Liaise with construction and leasing to set up new tenants;
- Liaise with payables and receivables departments;
- Prepare sales tax reports;
- Assist in resolving tenant collection issues;
- Prepare management fees and leasing fees for each property;
- Prepare accruals and review/streamline reporting processes;
- Prepare operations and financial reports, including variance analysis reports and provide operations/financial reports to Reporting Group for internal/external reporting;
- Prepare annual operating and capital expenditures budgets;
- Prepare cost recovery files and tax billings for tenants;
- Prepare working papers files annually, quarterly or monthly;
- Prepare quarterly cashflows for operating properties;
- Prepare monthly distributions and variance reporting to cashflows.
Academic/Professional Requirements:
- Post-secondary education in Accounting;
- CGA/CMA designation would be considered an asset.
Required Skills/Experience:
- Minimum four years of related real estate experience with ability to follow financial practices and apply knowledge of ASPE and IFRS;
- Proficiency with general accounting and cost recovery.
- Provide technical assistance and/or training to coworkers;
- Excellent oral and written communication skills;
- Solid team player;
- Commercial Real estate experience is an asset;
- Advanced Excel skills;
- Organized and able to plan workload to align with department goals and objectives.
Values
The Senior Property Accountant must be client focused, advocate and communicate a positive image of the company, both internally and externally. The Senior Property Accountant shall take accountability for decisions made and conduct oneself in a respectful and ethical manner in representing the company’s interests. The Senior Property Accountant shall demonstrate entrepreneurialism and behave like an “owner” in carrying out daily tasks and responsibilities; demonstrating creativity and resourcefulness in achieving desired results. Senior Property Accountant is expected to be a team player and work effectively with colleagues and associates in terms of input, sharing of ideas and working to achieve common goal.
The expected base pay range is:$ $88,000 to $91,000. The base pay range is for the primary location for which the job is posted. SmartCentres values the contribution of our Associates, and our individual salaries may vary based on the geographical location of successful candidates, as well as their experience, qualifications or skills.
Smartcentres does not use artificial intelligence (AI) tools in its own applicant tracking system, and all hiring decisions are made by our recruitment / hiring team. AI may be used by external platforms or third-party agencies during the application process. Applicants should be aware that such external platforms operate independently of the employer.
The role posted is for an existing, active vacancy.
We are an equal opportunity employer committed to an inclusive and accessible recruitment and selection process. If you are contacted about an employment opportunity, please advise if you require accommodation.
About SmartCentres REIT
SHOPPING CENTRES TO CITY CENTRES SmartCentres was started over thirty years ago because we believed that Canadians deserved products they could afford, at convenient times, in stores that were close to home. By fulfilling those needs, SmartCentres has grown and expanded into communities in every province across Canada.
Today, Canadians need transit-connected apartments, condos, and seniors’ residences with access to retail, office and storage facilities — as well as open, green spaces and places to gather. So, SmartCentres is evolving.
SmartCentres owns 3,500 acres of land across 195 prime locations where we’ve consistently provided a best-in-class retail experience. Now, because we’ve always respected Canadians' needs, we’re creating communities that Canadians can be proud of — transforming our properties from shopping centres into city centres.
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Sr. Property Accountant
About the role
**Job Title:**Senior Property Accountant
**Reports To:**Assistant Director, Property Accounting
**Department:**Property Accounting
Position Summary
This full-time role will focus on property accounting, including general accounting functions such as preparing accurate and complete month-end packages, tenant year-end reconciliations and invoices, and performing other account analysis and reconciliations as required.
Responsibilities:
- Create and enter all adjusting entries, and maintain accurate and detailed accounting records;
- Liaise with property management team to ensure understanding of all properties and review of ongoing activities at the property level;
- Liaise with construction and leasing to set up new tenants;
- Liaise with payables and receivables departments;
- Prepare sales tax reports;
- Assist in resolving tenant collection issues;
- Prepare management fees and leasing fees for each property;
- Prepare accruals and review/streamline reporting processes;
- Prepare operations and financial reports, including variance analysis reports and provide operations/financial reports to Reporting Group for internal/external reporting;
- Prepare annual operating and capital expenditures budgets;
- Prepare cost recovery files and tax billings for tenants;
- Prepare working papers files annually, quarterly or monthly;
- Prepare quarterly cashflows for operating properties;
- Prepare monthly distributions and variance reporting to cashflows.
Academic/Professional Requirements:
- Post-secondary education in Accounting;
- CGA/CMA designation would be considered an asset.
Required Skills/Experience:
- Minimum four years of related real estate experience with ability to follow financial practices and apply knowledge of ASPE and IFRS;
- Proficiency with general accounting and cost recovery.
- Provide technical assistance and/or training to coworkers;
- Excellent oral and written communication skills;
- Solid team player;
- Commercial Real estate experience is an asset;
- Advanced Excel skills;
- Organized and able to plan workload to align with department goals and objectives.
Values
The Senior Property Accountant must be client focused, advocate and communicate a positive image of the company, both internally and externally. The Senior Property Accountant shall take accountability for decisions made and conduct oneself in a respectful and ethical manner in representing the company’s interests. The Senior Property Accountant shall demonstrate entrepreneurialism and behave like an “owner” in carrying out daily tasks and responsibilities; demonstrating creativity and resourcefulness in achieving desired results. Senior Property Accountant is expected to be a team player and work effectively with colleagues and associates in terms of input, sharing of ideas and working to achieve common goal.
The expected base pay range is:$ $88,000 to $91,000. The base pay range is for the primary location for which the job is posted. SmartCentres values the contribution of our Associates, and our individual salaries may vary based on the geographical location of successful candidates, as well as their experience, qualifications or skills.
Smartcentres does not use artificial intelligence (AI) tools in its own applicant tracking system, and all hiring decisions are made by our recruitment / hiring team. AI may be used by external platforms or third-party agencies during the application process. Applicants should be aware that such external platforms operate independently of the employer.
The role posted is for an existing, active vacancy.
We are an equal opportunity employer committed to an inclusive and accessible recruitment and selection process. If you are contacted about an employment opportunity, please advise if you require accommodation.
About SmartCentres REIT
SHOPPING CENTRES TO CITY CENTRES SmartCentres was started over thirty years ago because we believed that Canadians deserved products they could afford, at convenient times, in stores that were close to home. By fulfilling those needs, SmartCentres has grown and expanded into communities in every province across Canada.
Today, Canadians need transit-connected apartments, condos, and seniors’ residences with access to retail, office and storage facilities — as well as open, green spaces and places to gather. So, SmartCentres is evolving.
SmartCentres owns 3,500 acres of land across 195 prime locations where we’ve consistently provided a best-in-class retail experience. Now, because we’ve always respected Canadians' needs, we’re creating communities that Canadians can be proud of — transforming our properties from shopping centres into city centres.