Property Accountant

Kipling Group; Toronto; On-site; CAD 55,000 - 75,000; Full time

Job summary

A multifaceted real estate management organization in Toronto is seeking a Property Accountant to manage financial reporting and tenant accounts. The ideal candidate will have over 2 years of experience in property management and a CPA designation is a plus. This full-time position offers benefits including dental and extended health care.

Benefits

Dental care

Extended health care

Qualifications

• 2+ years of experience in property management or commercial real estate.
• Experience with financial reporting and tenant accounts.

Responsibilities

• Prepare monthly, quarterly, and annual financial reports.
• Conduct monthly bank reconciliations.
• Manage and analyze tenant accounts for billing discrepancies.

Skills

Attention to detail

Ability to meet deadlines

Education

Professional designation (CPA, CA, CGA)

Tools

Yardi

Job description

Kipling Group is a full-service, multifaceted real estate management organization, catering to large institutional clients, private equity funds, and high-net-worth individuals. Kipling manages all asset classes and, through Forest Hill Kipling, manages multi-family residential and condominium properties.

Job Description

Kipling is currently seeking a Property Accountant to handle a real estate portfolio based in Toronto.

The responsibilities include, but are not limited to:

1. Preparation of monthly, quarterly, and annual financial reports and working papers.
2. Monthly bank reconciliations.
3. Preparation of annual budgets and reforecasting.
4. Preparation of rental and recovery billings.
5. Preparation of percentage rent billings with sales analysis.
6. Cash analysis and distributions to owners.
7. Tenant dispute resolution on recovery billings.
8. Managing, analyzing, and auditing tenant accounts to ensure correct billing for rental and additional charges, investigating discrepancies.
9. Researching and assessing vendor payments for proper coding prior to payment.
10. Analyzing and preparing HST filings, including supporting schedules.
11. Presenting monthly revenue and expense variance explanations in conjunction with property management.
12. Analyzing and preparing tenant operating and real estate tax escalations for monthly payments and annual adjustments.
13. Collaborating with various departments to gather information for financial statements.
14. Analyzing and preparing depreciation and fixed asset schedules monthly.
15. Monitoring and reporting on capital expenditure programs and landlord’s work and tenant improvements.
16. Liaising with the Property Manager.
17. Performing other duties as assigned.

Recommended Experience

• Professional designation or enrollment (CPA, CA, CGA) is an asset.
• 2+ years of experience in property management or commercial real estate.
• Strong attention to detail and ability to meet deadlines.
• Knowledge of Yardi is an asset.

Kipling supports equal opportunities and values diversity, fostering an inclusive work environment. If accommodations are needed during the hiring process, please contact our HR team at [e-mail].

Job Type: Full-time

Benefits include dental care and extended health care.

Seniority level: Entry level

Employment type: Full-time

Job function: Accounting / Auditing and Finance

This job posting is active and accepting applications.