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Multi-Family Property Accountant

Kipling Group1 day ago
Toronto, Ontario
Mid Level
full_time

Top Benefits

Dental care
Disability insurance
Employee assistance program

About the role

Company Overview: Kipling Group Inc. is a multifaceted commercial and residential real estate organization that focuses on property management and leasing. With over $10 billion in assets under management and managing over 130 properties of various asset types across the country, Kipling offers integrated property management solutions tailored to the needs of a diverse clientele. Our services encompass building operations, accounting, administration, human resources, risk management, leasing, marketing, project management, and specialized tenant services. Job Description Kipling is currently seeking a Multi-Family Property Accountant to support a growing multi-family real estate portfolio and accounting team in Toronto, ON.

All accounting and reporting requirements that would normally be the duties of a property accountant, including but not limited to:

Responsibilities

  • Preparation of monthly, quarterly and annual financial reports and working papers;
  • Direct communication with clients
  • Preparation of Annual budget and reforecasting;
  • Preparation of rental and recovery billings;
  • Cash analysis and distributions to owners;
  • Tenant dispute resolution;
  • Manage, analyze and audit tenant accounts to ensure they are billed correctly each month for all rental and additional charges per their lease and investigate and resolve all discrepancies;
  • Present formal revenue and expense variance explanations on a monthly basis in conjunction with property management;
  • Analyze and prepare tenant escalations for properties’ monthly payment and annual adjustment;
  • Work with Lease Administration, Property Operations , Accounts Receivable, Accounts Payable, Tax, Finance and Legal Departments to obtain necessary information for the completion of financial statements;
  • Analyze and prepare depreciation and fixed asset schedules on a monthly basis;
  • Monitor, analyze and report on capital expenditure programs;
  • Monitor, analyze and report on landlord’s work and tenant improvements;
  • Analyze and prepare depreciation and fixed asset schedules on a monthly basis;
  • Liaison with Property Manager;

The ideal candidate for this position will have the following background:

  • Professional designation or enrolment (CPA, CA, CGA) an asset;
  • 3+ years working in property management /multifamily / residential real estate;
  • Strong attention to detail and ability to manage deadlines;
  • Excellent communication skills;
  • Strong Yardi knowledge an asset.

Kipling supports equal opportunities and invests in a diverse and multicultural work force that values individuals with unique personalities, goals, backgrounds and views. This reinforces Kipling’s culture, enhances collaboration and makes for an inclusive work environment. Kipling will work with individuals requiring accommodation throughout the hiring process. If you require accommodation, please advise our HR team by emailing careers@kiplingrealty.com Benefits

  • Dental care
  • Disability insurance
  • Employee assistance program
  • Extended health care
  • Life insurance
  • Paid time off
  • Tuition reimbursement
  • Pension contributions

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About Kipling Group

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Founded in 2007, the Kipling Group is a full service, multifaceted real estate management organization, catering to large institutional clients, private equity funds and high net worth individuals.

With its headquarters in Toronto, regional offices in Edmonton and Kitchener, the Kipling Group is well-positioned to manage real estate in all major markets right across Canada.

The Kipling Group manages all asset classes, including commercial, industrial and retail assets and through its Forest Hill Kipling division, manages a variety of multi-family residential and condominium properties.