Property Accountant

Telescope Recruitment Incorporated; Toronto; Hybrid; CAD 70,000 - 80,000; Full time

Job summary

Telescope Recruitment Incorporated is seeking a reliable Property Accountant for our Downtown Toronto real-estate portfolio. The role reports to the controller and works closely with owners, vendors, and staff.

Responsibilities include full-cycle accounting, bank reconciliations, month-end close, and accurate financial reporting. The ideal candidate will demonstrate, skills in Excel, Google Suite and strong teamwork and communication abilities.

Qualifications

• Bachelor’s degree in accounting.
• Experience with full-cycle accounting and month-end close.
• Proficient in Excel and Google Suite.
• Excellent communication and deadline-driven.
• Ability to work with property managers and vendors.

Responsibilities

• Full-cycle accounting for a portfolio of multi-unit rental properties (commercial and residential).
• Commercial property accounting – handling complex lease structures, AR delinquencies, tax/utilities adjustments, and tenant chargebacks.
• Financial reporting to clients – monthly statements, balance sheet and reconciliations.

Skills

Full-Cycle Accounting

Excel

Google Sheets

Google Docs

Google Drive

Learning agility

Team player

Communication

Deadline-driven

Multi-software proficiency

Education

Bachelor's Degree in Accounting

Tools

Buildium

Job description

Our employer is a Downtown Toronto based real-estate company offering a variety of services for property owners since 2002. We are looking for a reliable and responsible professional in the field of accounting, for their property management business.

The Property Accountant position entails working closely with the controller, ownership group, vendors and with the property management staff.

We are seeking a candidate with proven experience in the full accounting cycle, bank reconciliation, rent collection, CAM reconciliation, month end close, a thorough understanding of accounting principles, strong learning abilities, high work ethics and sense of responsibility.

Responsibilities and Duties

• Full-Cycle Accounting- managing all aspects of accounting monthly cycle for a portfolio of multy-units rental properties, in a mix of commercial and residential buildings.
• Commercial Property Accounting – handling complex lease structures, collection of AR delinquencies, tax / utilities adjustments, and tenant chargebacks.
• Financial Reporting to clients – Deliver accurate monthly financial statements, balance sheet & reconciliations to corporate clients.
• Cash Flow management, financial analysis and forecasting for the portfolio

Qualifications and skills

Must have:

• Bachelor’s Degree in Accounting.
• Full-Cycle Accounting Expertise – Skilled in managing all aspects of accounting processes, including month-end close, bank reconciliations for multiple bank accounts, variance analysis, and audit support.
• Skilled in Microsoft Excel and in Google Suite (Google Sheets, Google docs and Google Drive).
• Strong learning abilities in multiple software environments
• Team player with effective communications skills
• Strong since of personal responsibility and ability to consistently meet all deadlines
• Software Proficiency – Ability to work efficiently and accurately in multiple software at the same time.
• Collaboration – Strong ability to partner effectively with property managers, vendors, and owners to ensure compliance and sufficient reporting.

Nice to have:

• Past experience in commercial properties.
• Past experience in Residential rental buildings.
• Proficiency in Buildium.

Salary, Benefits and work environment

• 70k-80k a year, based on relevant experience and skills.
• Health and dental benefits - after 3 months of employment.
• A Hybrid work structure (currently 3 days from the office and 2 from home, but can change based on company needs).
• Total of 40 hours a week, 9am to 5pm Monday to Friday, with the flexibility to work more when needed.