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Property Accountant

OMERS / Oxford Properties Group

Toronto

On-site

CAD 60,000 - 95,000

Full time

4 days ago
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Job summary

Join a forward-thinking global real estate investment firm as a Property Accountant, where your expertise will drive financial accuracy and compliance. In this dynamic role, you will oversee general ledger accounting, prepare financial statements, and collaborate with various teams to enhance operational efficiency. This is an exciting opportunity to contribute to a company that values diversity, growth, and community impact. If you have a strong background in property accounting and a passion for real estate, this role offers a chance to thrive in a supportive and inclusive environment.

Qualifications

  • 3-5 years of experience in Property Accounting in Office or Retail sectors.
  • Strong analytical skills and excellent communication abilities.

Responsibilities

  • Manage general ledger accounting and prepare financial statements.
  • Ensure compliance with Canadian tax requirements and regulatory standards.

Skills

Financial Analytical Skills
Communication Skills
Attention to Detail
Time Management
Interpersonal Skills

Education

University Degree
CPA Designation (or working towards)

Tools

JD Edwards
Microsoft Excel
Microsoft Word
Microsoft Outlook

Job description

Choose a workplace that empowers your impact.

Join a global workplace where employees thrive. One that embraces diversity of thought, expertise, and passion. A place where you can personalize your employee journey to be — and deliver — your best.

We are a leading global real estate investor, developer, and manager. We combine our capital with our capabilities to create real estate that strengthens economies and communities. By prioritizing people, partnerships, and places, we generate meaningful returns for OMERS members, enhance value for our capital partners, and create a brighter world for our customers.

Join us to accelerate your growth & development, prioritize wellness, build connections, and support the communities where we live and work.

Don’t just work anywhere — come build tomorrow together with us.

Know someone at OMERS or Oxford Properties? Great! If you're referred, have them submit your name through Workday first. Then, watch for a unique link in your email to apply.

We are looking for a property accountant to join Oxford’s North American Accounting team. The successful candidate will be responsible for the day-to-day accounting for a specific portfolio of Canadian assets. Responsibilities include general ledger accounting, preparing financial statements, reviewing financial statement results, preparing analysis on an individual and/or consolidated portfolio basis, ensuring regulatory compliance, and providing accounting support to the operations group.

This role requires strong attention to detail, communication skills, and the ability to multitask in a complex environment. Experience working in the real estate industry and large organization with a complex legal entity structure is an asset.

As a member of this team, you will be responsible for:

  • Responsible for all aspects of general ledger accounting including preparing monthly journal entries, bank reconciliations, etc.
  • Prepare reporting and analysis to joint venture partner, lenders, and Corporate Accounting group.
  • Prepare real estate tax, operating expense, and other CAM (escalation billings) for tenants.
  • Prepare statutory and audited financial statements for regulatory and lender reporting requirements.
  • Work proactively with the tax team and external advisors to ensure compliance with Canadian tax requirements.
  • Assist the Manager to ensure that the overall team monthly reporting is completed on time and accurately.
  • Work proactively with the Operations team to identify issues regarding the monthly financial results, reporting packages to clients, tenant escalation / tax questions, and provide guidance on proper accounting policies.
  • Participate in the monthly Operations / Accounting meetings on portfolio planning and the discussion and presentation of property results.
  • Work with the Asset Managers and other interested parties to coordinate the creation and flow of financial data, budgets, and reforecasts.
  • Participate in the development, training, and implementation of new accounting policies, controls, and procedures.
  • Act as a systems and process support for Accounting and Operations.
  • Support and implement special project initiatives including documentation, process efficiencies, and implementation of system-related improvements.
  • Work with independent auditors and create work papers to be used in conjunction with audits.
  • Reviewing and analyzing tenant leases.
  • Other tasks and responsibilities as assigned to maintain accurate and efficient workflow and reporting.
  • Propose recommendations for process improvement of standardized reporting, policies, and procedures to support efficiency and effectiveness of day-to-day activities.

To succeed in this role, you have:

  • University degree.
  • Completion of or working towards a CPA designation.
  • Minimum 3-5 years of experience in Property Accounting in Office or Retail sectors.
  • Proven financial analytical skills.
  • Excellent verbal and written communication skills with the ability to effectively communicate across all levels within, as well as outside the organization.
  • Strong interpersonal skills with the ability to deal effectively and professionally under pressure or in stressful situations.
  • Independent, self-starter, and also works well in a team-based environment.
  • Excellent time management and organizational skills and the ability to manage conflicting priorities within structured deadlines and deliverables.
  • Advanced Microsoft Excel skills and proficient with Microsoft Word and Outlook.
  • Excellent knowledge and experience related to technology and accounting systems in a real estate environment (JD Edwards preferred).

Oxford's purpose is to strengthen economies and communities through real estate.

Our people-first culture is at its best when our workforce reflects the communities where we live and work — and the customers we proudly serve.

From hire to retire, we are an equal opportunity employer committed to an inclusive, barrier-free recruitment and selection process that extends all the way through your employee experience. This sense of belonging and connection is cultivated up, down, and across our global organization thanks to our vast network of Employee Resource Groups with executive leader sponsorship, our Purpose@Work committee, and employee recognition programs.

Why choose OMERS and Oxford?

We're committed to:

Inclusion and Diversity

We are passionate about inclusion and advocate for I&D across our network of employees, members, and partners.

We are proud of our commitment to developing a best-in-class approach to complete wellness for our employees and members.

Growth & Development

We invest in our people, providing them with opportunities so they can develop and grow.

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