Property Accountant

Allied Properties REIT; Toronto; On-site; CAD 55,000 - 80,000; Full time

Benefits offered by this job

Comprehensive health benefits

Paid volunteer day

Performance-based bonuses

Job summary

Allied Properties REIT is seeking a Property Accountant in Toronto to manage the full accounting cycle for a portfolio of commercial properties. Responsibilities include preparing journal entries, reviewing financial statements, and supporting the finance team. Candidates should have at least two years of property accounting experience and a university degree or diploma in accounting. This role offers a competitive salary range of $55,000 to $80,000, depending on experience, and various employee benefits including health coverage and personal days.

Qualifications

• Minimum of two years of work experience in Property Accounting.
• Strong computer skills, particularly in MS Excel and MS Word.
• An interest in pursuing a CPA designation.

Responsibilities

• Manage the full accounting cycle of a portfolio of properties.
• Prepare journal entries, monthly operating costs, and tax recovery estimates.
• Review financial statements and provide variance analysis.

Skills

Property Accounting

MS Excel

MS Word

Bilingual (French and English)

Organization and time management skills

Education

University degree or college diploma in accounting

Tools

Yardi

Job description

Overview

Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Our work is grounded in a clear purpose: to provide knowledge-based organizations with distinctive urban environments that support creativity, connectivity and human wellness. Our vision is to contribute to cities and culture in a way that elevates humanity. Real estate, for us, is a profoundly human endeavour that promotes wellness, sustainability, diversity and creativity—today and for generations to come. Allied is a place to build a career of consequence for those seeking work that is thoughtful, tangible and enduring.

For more information on Allied’s approach to city-building, visit our Insights page.

Purpose of the Role

Manage the full accounting cycle for a portfolio of commercial properties. As a Property Accountant, you will perform a broad range of accounting responsibilities to ensure accurate financial reporting and support informed financial decision-making. Reporting to the Manager, Property Accounting, you will collaborate across the organization to support property-level accounting, financial reporting and operational insights, contributing to the financial performance of Allied’s portfolio.

Responsibilities

• Manage the full accounting cycle of a portfolio of properties, including preparing journal entries, monthly operating costs, and tax recovery estimates.
• Review and analyze financial statements, balance sheets, recovery ratios to provide variance analysis.
• Prepare final annual operating costs and tax recovery adjustments, including preparing CAM audit statements and assisting with property tax appeals.
• Provide information for audit related queries and property appraisers and ensure that monthly reporting deadlines are met.
• Support our Finance team in the completion of annual budget and special projects.
• Maintain fixed asset module and prepare amortization entries.
• Prepare monthly operating costs and tax recovery estimates and maintain tenant recovery setup using Yardi.
• Prepare final annual operating costs and tax recovery adjustments and billings, including preparing CAM audit statements.
• Analyze, reconcile, and maintain monthly working papers for balance sheet accounts.

Qualifications

• At least two years of work experience in Property Accounting.
• University degree or college diploma in accounting or a related field.
• A willingness to learn and a positive attitude.
• An interest in the pursuit of a CPA designation.
• Strong computer skills, including MS Excel and MS Word.
• Strong organization and time management skills.
• Bilingual (French and English) would be an asset.

Compensation and Benefits

$55,000 - $80,000 a year

Allied determines individual compensation by work location and other factors, including relevant experience, education and internal equity.

Note: The listed salary range does not reflect total compensation and rewards. We encourage all qualified candidates to apply.

This role is a current vacancy on the Allied team.

Total Rewards and the Employee Experience

At Allied, total rewards are designed to support sustained contribution, creativity and a sense of ownership. Eligible employees participate in performance-based bonuses and a retirement savings program. The program may include traditional funds or Allied units, aligning effort with long-term performance.

• Shared financial success and an ownership mindset

In addition to vacation, employees receive six personal days and time off before statutory holidays. Allied supports flexibility while maintaining an in-person culture.

• Intentional presence and time off

Comprehensive, company-paid health benefits include vision and dental coverage, plus a healthcare spending account. An employee assistance program is available for confidential support.

• Health, wellbeing and support

Allied supports leadership development and exposure beyond a single role, with opportunities to contribute across disciplines and gain a broad understanding of the business.

• Growth through leadership and exposure

There is an emphasis on professional development through ongoing learning and mentorship across the organization.

• Professional development grounded in practice

Each year, employees receive a paid volunteer day. Allied encourages contribution beyond the workplace and supports personal meaning.

If you are motivated by the role real estate plays in shaping cities and culture, we encourage you to apply. More insight into life at Allied, including ESG and EDI initiatives, can be found in the annual ESG report.

*Temporary or contract roles may not qualify for all the benefits listed. Benefits may vary by role and location; details provided during recruitment.

Additional Information

We value human connection and experience. While Allied uses technology, including AI-enabled tools, to support administrative efficiency, all screening, assessment and hiring decisions are made by people. We are committed to diversity, equity and inclusion. All qualified applicants will receive consideration without regard to gender, ethnicity, origin, sexual orientation, disability or socioeconomic background. All qualified candidates are encouraged to apply. We strive to provide an accessible recruitment experience and welcome accommodation requests at any stage. Please reach out to [e-mail] if support is needed.

We look forward to receiving your application.