Commercial Property Accountant

Matrix360 Inc.; Toronto; On-site; CAD 65,000 - 80,000; Full time

Job summary

A leading company in the social impact sector is seeking a Property Accountant to join their accounting team. The successful candidate will manage full cycle accounting, prepare financial statements, and liaise with property managers to ensure accurate tenant billings. The role calls for a detail-oriented professional with significant experience in commercial property accounting, ideally equipped with a CPA qualification.

Qualifications

• 2+ years experience in commercial property accounting.
• Proficient in financial reporting and analysis.
• Experience with AR/AP processes.

Responsibilities

• Full cycle accounting for office and industrial properties.
• Preparation of monthly financial statements and CAM recoveries.
• Maintain financial integrity with respect to tenant billings.

Skills

Attention to detail

Communication

Problem-solving

Organization

Education

College/University degree in Accounting or Finance

CPA designation in progress or completed

Tools

Yardi

Microsoft Excel

Job description

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This range is provided by Matrix360 Inc.. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

CA$65,000.00/yr - CA$80,000.00/yr

About Matrix360

Matrix360 is a social impact business helping to build the commercial real estate and development (CRED) industry – an industry responsible for creating and building our cities and communities.

For more than two decades, Matrix360 has been at the forefront of building great and successful teams. We're not your average talent management company—we are trailblazers committed to building diverse and inclusive workplaces. We partner with organizations that pave the way for business growth and success.

We believe in the uniqueness of every team and organization. Understanding and centering care in everything we do is our priority. We take a human-centered approach, connecting talent with opportunities, advising leaders on equitable policies, and transforming workplace cultures for the better. At Matrix360, we are the champions of diversity and equity in the CRED industry.

We firmly believe in providing equal access and opportunities to all individuals, ensuring accommodation and inclusion in every aspect of employment, services, programs, and activities.

What We Do

We are the go-to authority for shaping the future of the CRED industry. Our expertise guides organizations to create inclusive and thriving workplace cultures.

• We build teams that inspire, engage, and connect people to work better together.
• We are invested and committed to advancing equity through talent management and workplace culture.
• We are about growth in all facets: people, possibilities and profits.
• We align our work with working toward the achievement of the UN Sustainable Development Goals

If you require accommodation or this information in an alternative format at any stage of the search process, contact us at [e-mail] or 416 703 3400.

Commercial Property Accountant

On behalf of our client, we are seeking a Property Accountant to join their Accounting and Finance team, reporting to the Manager, Property Accounting. The successful candidate will be highly self- motivated, a natural team player, and have excellent problem-solving skills. They will provide reliable, timely, and efficient outcomes and facilitate continuous improvement in systems and procedures. The candidate will also possess a strong technical background in property accounting and CAM recoveries.

The base salary is $65,000 to $80,000, based on industry experience and exposure, accompanied by benefits and a bonus. Our client is an advocate for equity and diversity, recognizing the importance of leadership engagement within its framework.

Responsibilities

• Full cycle accounting for a portfolio of office & industrial properties
• Preparation of monthly property financial statements, including Balance Sheet, Income Statement and supporting schedules, and CAM recoveries
• Prepare journal entries, bank reconciliations, budget variance analysis, cash flow forecasts and other financial reporting analysis on monthly and quarterly basis
• Liaise with Property Manager regarding property operations and tenant activity to ensure the accuracy of the rent roll and the monthly statements
• Assemble the operating budgets for properties, including variance analysis and forecasting
• Generate intercompany charge-back billings and reconciliations
• Maintain capital budget and fixed asset module, including amortization of fixed assets
• Prepare year-end TMI reconciliations and assemble the necessary detail and back-up for the tenant’s use and respond to tenant inquires related to CAM and RT invoices
• Work directly with the realty tax consultant on tax bills and tenant allocations
• Maintain financial integrity with respect to tenant billings and property management; specifically, adhere to lease agreements
• Perform monthly HST reconciliations, file HST returns, and ensure remittances for each property on a prompt basis.

Qualifications

• College/University degree in Accounting, Finance or related field required. CPA designation in progress or completed strongly preferred
• 2+ years experience within the real estate industry in commercial property accounting and/or AR/AP
• Experience with Yardi, proficient in Microsoft Office, specifically Microsoft Excel.
• Effective verbal and written communication skills
• Excellent organizational skills; high attention to detail; ability to manage multiple deadlines
• Strong communication, willingness to learn to expand the role and strong attention to detail
• Excellent judgement and ability to work both independently and in a collaborative, team-oriented environment
• Friendly and professional demeanor with a positive attitude
• Willingness and ability to work in a fast-paced environment by being flexible/adaptable and responding to changing circumstances

By providing us with a copy of your resume and any subsequent personal information directly, you understand that it has been furnished with your consent for the purpose of possible disclosure to our client, who has agreed to comply with our Privacy Policy and Confidentiality Policy. We will only disclose your personal information to clients with your prior knowledge and consent.

Matrix360 believes in and continuously operates from the highest search and talent management ethics level. We continue to respect the privacy and confidentiality of the personal information provided to us. We are committed to guarding your information securely and managing it per our legal responsibilities wherever we operate, including the Personal Information Protection and Electronic Documents Act ("PIPEDA") in Canada.

For more information on our Privacy and Confidentiality Policies please contact us at: [e-mail] or 416.703.3400.

Follow Us

• LinkedIn: https://go.matrix360.ca/LinkedIn
• Instagram: @matrix360_inc

We Believe People are the Bridge to Profits and Possibilities

Seniority level

• Seniority level

  Associate

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing and Finance

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