Multifamily Property Accountant (Toronto)

Kipling Group; Toronto; On-site; CAD 70,000 - 80,000; Full time

Benefits offered by this job

Dental care

Extended health care

Job summary

Kipling Group in Toronto, ON is seeking a detail-oriented property accounting professional to join our team. You will prepare monthly, quarterly and annual financial reports, perform bank reconciliations, budgeting and rent billings, and collaborate with Leasing, Operations, Tax and Legal to produce accurate statements.

2+ years in property management, CPA/CA/CGA designation or enrolment is an asset, and strong knowledge of Yardi are preferred.

Qualifications

• 2+ years working in property management / residential real estate.
• Professional designation or enrolment (CPA, CA, CGA) an asset.
• Strong attention to detail and ability to manage deadlines.
• Excellent communication skills.
• Strong Yardi knowledge an asset.

Responsibilities

• Prepare monthly, quarterly and annual financial reports and working papers.
• Monthly bank reconciliations.
• Preparation of Annual budget and reforecasting.
• Preparation of rental and recovery billings.
• Cash analysis and distributions to owners.
• Tenant dispute resolution on recovery billings.
• Analyze and prepare depreciation and fixed asset schedules on a monthly basis.
• Monitor, analyze and report on capital expenditure programs.

Skills

Attention to detail

Communication skills

Yardi

Education

CPA/CA/CGA designation or enrolment

Tools

Yardi

Job description

Company Overview

Kipling is one of Canada’s largest and most successful independent full-service property management companies. Our core focus is property management – both commercial and residential. With offices in Toronto, Kitchener-Waterloo, Calgary and Edmonton, Kipling currently manages over 28M square feet across 150 properties of various asset classes across Canada. Our reputation is built on trust, integrity, professionalism, and strong leadership, while our hands-on approach allows us to focus on creating well-managed and profitable investments for our clients: Trusted partners managing your real estate investments.

Job Description

• Preparation of monthly, quarterly and annual financial reports and working papers;
• Monthly bank reconciliations
• Preparation of Annual budget and reforecasting;
• Preparation of rental and recovery billings;
• Preparation of percentage rent billings with sales analysis;
• Cash analysis and distributions to owners;
• Tenant dispute resolution on recovery billings;
• Manage, analyze and audit tenant accounts to ensure they are billed each month correctly for all rental and additional charges per their lease and investigate and resolve all discrepancies;
• Research and assess all vendor payments to ensure they are properly coded prior to payment;
• Analyze and prepare HST filings , including all supporting schedules as scheduled;
• Present formal revenue and expense variance explanations on a monthly basis in conjunction with property management;
• Analyze and prepare tenant operating and real estate tax escalations for assigned properties’ monthly payment and annual adjustment;
• Analyze and prepare sales analysis and percentage rent billings for monthly payment and annual adjustment;
• Work with Lease Administration, Property Operations , Accounts Receivable, Accounts Payable, Tax, Finance and Legal Departments to obtain necessary information for the completion of financial statements;
• Analyze and prepare depreciation and fixed asset schedules on a monthly basis;
• Monitor, analyze and report on capital expenditure programs;
• Monitor, analyze and report on landlord’s work and tenant improvements;
• Analyze and prepare depreciation and fixed asset schedules on a monthly basis;
• Liaison with Property Manager;
• Other duties as assigned.

Recommended Experience

• 2+ years working in property management / residential real estate;
• Professional designation or enrolment (CPA, CA, CGA) an asset;
• Strong attention to detail and ability to manage deadlines;
• Excellent communication skills;
• Strong Yardi knowledge an asset.

Kipling supports equal opportunities and invests in a diverse and multicultural work force that values individuals with unique personalities, goals, backgrounds and views. This reinforces Kipling’s culture, enhances collaboration and makes for an inclusive work environment.

Kipling will work with individuals requiring accommodation throughout the hiring process. If you require accommodation, please advise our HR team by emailing [e-mail].

We thank all applicants for their interest and wish to advise that only those candidates selected for an interview will be contacted. Appropriate accommodations will be provided upon request throughout the recruitment and employment process as required under the Accessibility for Ontarians with Disabilities Act (AODA).

Job Type: Full-time

Pay: $70,000.00-$80,000.00 per year

Benefits

• Dental care
• Extended health care

Work Location: In person