Intermediate Property Accountant

BentallGreenOak; Canada; On-site; CAD 75,000 - 87,000; Full time

Job summary

A global real estate investment management advisor is seeking an Intermediate Property Accountant in Toronto, ON. This role involves handling full-cycle accounting for a residential and mixed-use property portfolio, ensuring accurate financial reporting and cash flow management. Candidates should be enrolled in a CPA program, have prior accounting experience, and strong skills in communication and organization. The position offers a salary range of $75,000.00-$87,000.00, along with various benefits.

Benefits

Competitive benefits package

Incentive compensation plans

Qualifications

• Enrolled in CPA program or equivalent post-secondary program.
• Previous full-cycle accounting experience is an asset.
• 2-3 years of residential/mixed-use property accounting experience is an asset.

Responsibilities

• Handle full-cycle accounting for a portfolio of properties.
• Produce monthly Financial Statements according to IFRS/ASPE.
• Monitor cash flows and manage monthly expenditures.

Skills

Enrolled in CPA program

Full-cycle accounting experience

Residential/mixed-use property accounting experience

Effective communication

Organizational skills

Excel and Microsoft Office

Education

Post-secondary education

Tools

Yardi

Job description

Intermediate Property Accountant

1 York | Toronto, ON

Who We Are:

BGO is a leading, global real estate investment management advisor 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, industrial, multi-residential, retail and hospitality property across the globe. BGO has offices in 28 cities across twelve countries with deep, local knowledge, experience, and extensive networks in the regions where we invest in and manage real estate assets on behalf of our clients in primary, secondary and co-investment markets. BGO is a part of SLC Management, which is the institutional alternatives and traditional asset management business of Sun Life.

For more information, please visit www.bgo.com.

BGO promotes a corporate culture that attracts and retains the highest caliber people. We encourage opportunities for growth, development, and promotion by providing our employees with the resources to work effectively and continually strive to perform better. We are committed to a safe and sustainable work environment.

The Opportunity:

The Property Accountant is responsible for adding value to BGO staff and clients by providing accurate and timely financial information that helps them to better manage their properties and budgets, make timely decisions, provide meaningful financial reports, and monitor and control cash flows.

What You Will Do:

• Handle full-cycle accounting for a portfolio of residential and mixed-use properties.
• Produce monthly Financial Statements according to IFRS/ASPE or as specified by client policy/requirements.
• Provide supplementary reporting as required by the client.
• Utilize budgets and other tools to analyze variances.
• Reconcile, analyze, and understand all Balance Sheet accounts.
• Prepare and record operating costs and realty tax adjustments monthly.
• Ensure all HST, GST, QST and other legislated taxes and assessments are reconciled and remitted on a timely basis.
• Monitor cash flows positions with special attention to monthly mortgage payments, payroll billings, management fees, property taxes, Tax remittances, capital and leasing costs, and any other major monthly expenditure.
• Determine surplus funds for distributions to owners.
• Support site in reconciliation and invoicing of tenants as due.
• Supply tenant analysis and statements of accounts as required.
• Complete year end operating cost adjustments and tenant billings for assigned properties within 90 days of operating yearend.
• Prepare property budgets within assigned deadlines.
• Provide input/feedback for improving procedures and initiating quality and efficiency enhancements.
• Provide accurate and timely financial information as required internally by management and other departments, and externally to the client.
• Have full involvement, responsibility, and accountability for their portfolio, which includes all monthly, annual, and other duties as detailed in the job responsibilities.
• Utilize and develop skills such as problem solving, decision making, time management, effective communication, and delegation to achieve the desired results.
• Communicate efficiently and effectively, in a professional manner, with all BGO employees and clients.
• Assist in covering for vacation and absenteeism.
• Other duties as assigned from time to time.
• Embrace and proactively support BGO's culture of environmental responsibility and social responsibility.

Who You Are:

• Enrolled in CPA program or equivalent post-secondary program.
• Previous full-cycle accounting experience an asset.
• 2-3 years residential/mixed-use property accounting experience an asset, including full cycle property accounting, CAM/Tax recoveries, and financial statement preparation.
• Relationship Skills: ability to communicate effectively, both oral and written; ability to develop and sustain cooperative working relationships; team player.
• Organizational/Multi-Tasking: ability to allocate one's time effectively, 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: to advance skills in Excel, Word, and other Microsoft Office programs; knowledge of Yardi an asset.
• Police Clearance - A criminal verification check is required for employment.

The Expected Base Pay Range: $75,000.00-$87,000.00. The Base Pay range is for the primary location for which the job is posted. BGO values the contribution of our employees and our compensation structure may vary based on the geographical location of successful candidates, as well as their experience, skills or qualifications. In addition to base pay, eligible BGO employees participate in various incentive compensation plans, based on individual and business performance as well as a broad range of competitive benefits.

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 [e-mail] 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.