Property Accountant
Accounting - Concord, ON

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Position Summary

Continually address any changes and/or improvements that present themselves on a day-to-day basis and strive to not only improve the accounting and administrative process, but also ensure that appropriate respect and attention is given by each member of his/her team to the other functional areas of the company, our auditors, our tenants, and outside vendors with which they must coordinate to accomplish their mission.

Academic/Education Requirements:

College Diploma and/or Bachelor’s Degree in Accounting field;
Enrolled in 3rd or 4th level of a Professional Accounting designation (CGA, CMA);
Additional designation and/or certification an asset;
Candidates with additional experience (preferably in the industry) in lieu of the education requirements above may also be considered.

Required skills/Experience:

Minimum three years accounting experience, one to two years property accounting experience, would be preferred;
Good oral and written communication skills;
Intermediate excel skills.

Responsibilities:

The specific duties and responsibilities for this position include but are not limited to the following:

Ensure all monthly and quarterly financial and management reporting required is delivered accurately and on a timely basis;
Ensure all accounting records related to all properties are kept up to date within guidelines established by generally accepted accounting principles and by the company and/or its partners/co-owners;
Reconcile and maintain a full understanding of all balance sheet and income statement accounts and prepare a detailed variance analysis of revenue and expenses;
Review and post monthly rent roll. Prepare monthly rental charge notice and deliver to tenant 60 days prior to the effective increase date;
Review and monitor accounts receivable. Reconcile accounts receivable accounts when required.
Prepare accurate tenant chargebacks on a timely basis;
Prepare property tax billings, for tenants not billed monthly, in accordance with the tenant leases and within 24 hours of receipt of the property tax bill;
Maintain and clear tenant query log and ensure tenant files are current at all times;
Ensure all HST and other legislated taxes are reconciled and remitted;
Prepare monthly cash distributions;
Prepare all CAM/tax recoveries adjustment billings in accordance with the tenant leases and ensure that all adjustment billings are delivered to tenants within 90 days of year-end;
Responsible for completing accounting portion of assigned budgets within assigned deadlines;
Assist with auditor requirements, including the company’s audit firm and all partner/co-owner audit firms, as well as government audits when required;
Ensure timely, accurate and complete leasing and disposition fees;
Assist in the accounting of property acquisitions and dispositions and participate in the due diligence and statement of adjustment phases, as required;
Continually monitor and review accounting processes and procedures and recommend changes as appropriate to improve internal controls and/or efficiencies.

Values
The Property Accountant must be client focused, advocate and communicate a positive image of the company, both internally and externally. The Property Accountant shall take accountability for decisions made and conduct oneself in a respectful and ethical manner in representing the company’s interests. The 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. 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.


Indeed - 13 months ago - save job