Property Accountant

Job summary

The Property Accountant is responsible for monthly accounting and financial reporting for an assigned portfolio of properties. Key duties include managing journal entries, bank reconciliations, HST remittances, and CAM/TAX recovery reconciliations.

Job details

Property Accountant $65K–$75K + Benefits Toronto, ON (Fully Onsite) Our client, an established property management company, is seeking a Property Accountant to join their accounting team. This is an excellent opportunity for an accounting professional with 1–2+ years of property accounting experience who is looking to continue developing their experience within the real estate and property management industry. The successful candidate will support the accounting and financial reporting for an assigned portfolio of properties. Yardi experience is required, and candidates with exposure to commercial properties and CAM/TAX reconciliations will be strongly preferred. Key Responsibilities Complete monthly accounting and financial reporting for an assigned portfolio of properties. Prepare journal entries, accruals, amortizations, and account reconciliations. Assist with month-end and year-end accounting processes. Review property revenues and expenses and investigate variances. Complete bank, mortgage, and other balance sheet reconciliations. Prepare and remit HST as required. Assist with tenant billings and CAM/TAX recovery reconciliations. Review tenant accounts receivable and assist with collections, adjustments, and other tenant account matters. Support accounts payable and ensure expenses are appropriately coded to properties. Assist with annual property budgets and supporting schedules. Prepare year-end working papers and documentation. Work closely with Property Managers and other members of the accounting team to resolve property-level accounting matters. Maintain accurate property and tenant accounting information within Yardi. Assist with additional accounting projects and reporting as required. Qualifications 1–2+ years of property accounting experience. Yardi experience is required. Previous experience within a property management or real estate environment. Commercial property accounting experience is preferred. Exposure to CAM/TAX reconciliations and recoveries is considered an asset. Experience with month-end accounting, reconciliations, journal entries, and financial reporting. Strong Excel skills. Excellent attention to detail and organizational skills. Ability to manage multiple deadlines and work effectively with accounting and property management teams. Strong written and verbal communication skills. CPA designation is not required. This is an excellent opportunity for a Junior to Intermediate Property Accountant looking to build their commercial property accounting experience with an established property management company. We thank all applicants for their interest; however, only those selected for an interview will be contacted.

What you’ll do

The Property Accountant is responsible for monthly accounting and financial reporting for an assigned portfolio of properties. Key duties include managing journal entries, bank reconciliations, HST remittances, and CAM/TAX recovery reconciliations.

Requirements

Candidates must have 1-2+ years of property accounting experience and proficiency with Yardi software. Experience with commercial properties and strong Excel skills are highly preferred.

Listed skills

• Budgeting · Preferred
• Financial Reporting · Preferred
• Microsoft Excel · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Property Accounting
• Yardi
• Financial Reporting
• CAM/TAX Reconciliations
• Journal Entries
• Account Reconciliations
• HST Remittance
• Tenant Billings
• Accounts Payable
• Budgeting
• Excel
• Commercial Property Accounting

Job areas

• Finance & Accounting