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Senior Property Accountant

BGO3 days ago
Hybrid
Senior Level
full_time

Top Benefits

Opportunities for professional growth
Continuous learning
Leadership development

About the role

Senior Property Accountant

1 York | Toronto, ON

Join Us to Grow, Connect, and Make an Impact.

At BGO Properties, we’re dedicated to enhancing personal and professional growth, fostering meaningful connections, and giving back to the communities where we operate.

As one of Canada’s premier providers of commercial property management and leasing services, BGO Properties manages a diverse portfolio of over 400 properties, totaling more than 67 million square feet of residential, office, industrial, and retail space. For over 30 years, our clients have trusted us to deliver innovative real estate solutions that create value and support their success.

As part of the global BGO family, we leverage international expertise and local market insights to provide high-quality services. Our experienced team works across a variety of commercial real estate sectors, which ensure every property we manage is a welcoming and functional destination for tenants.

Whether you’re launching your career or advancing as a seasoned professional, BGO Properties offers opportunities for professional growth, continuous learning, and leadership development.

Join us and help shape the future of commercial real estate.

The Opportunity: We are looking for someone to provide full-cycle accounting for a portfolio of properties and to add value to the BGO Real Estate Services team and the clients.

What You Will Do: Full understanding of all property specific processes and upkeep of pertinent information relating to specific properties. Provide accurate and timely financial information as required internally by management and other departments, and externally to the client.

Monthly

  • Financial Statements
    • Produce monthly Financial Statements according to IFRS/ASPE or as specified by client policy/requirements
    • Utilize budgets and other tools to analyze variances
    • Ensure all GST/HST and other legislated taxes and assessments are reconciled and remitted
    • Property sales/turnover – final operating statements, funds distribution, HST reconciliation, closing of bank accounts, and any other relevant closing duties
  • Cash Flows/Cash Management
    • Monitor cash positions with special attention to monthly mortgage payments, payroll billings, management fees, property taxes, GST/HST remittances, capital and leasing costs, and any other major monthly expenditures
    • Surplus funds distributions to owners
    • Monthly bank reconciliations including follow up and correction of outstanding item
  • Accounts Payable/ Receivable / Administration
    • Monitor and review mid-month and month-end receivables for accuracy, adjustments, and/or corrections
    • Produce monthly rent roll/receivable report
    • Annual property tax invoicing for tenants that do not pay monthly
    • Monitor monthly sales reports and follow up on outstanding sales
    • Support site in reconciliation and invoicing of tenants as due
    • New property set up, analysis, and follow up of outstanding issues as required

Annually

  • Operating Costs
    • Complete year end operating cost adjustments and tenant billings for assigned properties within 90 days of operating year end
    • Follow up with status of operating cost reconciliations for your portfolios
  • Operating Budgets
    • Responsible for completing Accounting portion of assigned budget files within assigned deadlines
    • Follow up on status of budgets throughout the draft, revised, and final stages to ensure completion within the assigned deadlines
    • Analyze coming years new budget for portfolio for changes to accounting treatment of various items
    • Ensure new rental notices are sent to tenant for coming years operating budget approximately 45 days prior to commencement of the operating year
  • Training and Mentoring
    • Assist in training property accounting staff in all BRES property accounting cycles including procedures, processes, and review of property files
    • Assist as a resource for property accounting staff to come to for guidance and direction for accounting and property related issues
    • Assist in the overall management of the group through mentoring of property accounting staff
    • Support ongoing training, developing, and mentoring of property accounting staff

Who You Are:

  • Education: Completion of post-secondary degree and enrolled in CPA program.

  • Experience: Minimum 4-5 years accounting experience; minimum 2-3 years commercial/retail property accounting experience required including full cycle property accounting, CAM/Tax recoveries, and financial statement preparation; supervision of staff an asset.

  • Communication/Relationship Skills: The ability to communicate effectively, both oral and written; ability to develop and sustain cooperative working relationships; ability to communicate effectively in French, both oral and written, is an asset.

  • Organizational/Multi-Task Skills: Time management, work under pressure, and meet tight deadlines; ability to handle multiple demands and competing priorities; ability to prioritize workload; ability to work at a detailed level; willingness to learn in a dynamic environment that includes new ideas and change.

  • Computer Skills: Intermediate to advanced skills in Excel, Word, and other Microsoft Office programs; knowledge of JD Edwards is an asset.

  • Police Clearance – A criminal verification check is required for employment.

At BGO, we recognize that each employee’s unique experiences, perspectives, and viewpoints strengthen our ability to create and deliver the best value to our clients, partners and stakeholders/investors and therefore we strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientations and life experiences to apply.

BGO is committed to equitable hiring practices and we welcome the opportunity to discuss accommodation and ensure fairness and equity in our hiring process. If you require accommodation, please email us at accessibility@bgo.com and include: Job posting #, your name and your preferred method of contact.

We thank all applicants for their interest in employment with BGO, however only those selected for an interview will be contacted.

BGO Properties is the Canadian real estate property management and leasing division of BentallGreenOak (Canada) Limited Partnership. BGO is a global real estate investment management advisor, real estate lender, and globally recognized provider of real estate services. BGO is a part of SLC Management, the institutional alternatives and traditional asset management business of Sun Life. For more information, please visit www.bgoproperties.com

About BGO

Financial Services
1001-5000

BGO is a leading, global real estate investment management advisor, real estate lender, and a globally-recognized provider of real estate services. BGO serves the interests of more than 750 institutional clients with expertise in the asset management of office, retail, industrial and multi-residential property across the globe. BGO has offices in 27 cities across thirteen countries with deep, local knowledge, experience, and extensive networks in the regions where we invest and manage real estate assets on behalf of our clients. BGO is a part of SLC Management, which is the institutional alternatives and traditional asset management business of Sun Life.

BGO est l’un des principaux conseillers internationaux en gestion des investissements immobiliers et un fournisseur de services immobiliers de premier plan, reconnu dans le monde entier. BGO sert les intérêts de plus de 750 clients institutionnels, et offre une expertise en gestion des actifs pour les bureaux, le secteur industriel, les propriétés multirésidentielles, la vente au détail et l’industrie hôtelière dans le monde entier. BGO possède des bureaux dans 27 villes situées dans 13 pays, et détient une expérience et des connaissances locales vastes, et des réseaux étendus dans toutes les régions où elle investit dans les actifs immobiliers et les gère au nom de ses clients sur les marchés primaires, secondaires et de co-investissement. BGO fait partie de SLC Management, l’entité institutionnelle de gestion des actifs non traditionnels de la Sun Life.