Property Accountant

Greyspring; Toronto; On-site; CAD 50,000 - 70,000; Full time

Job summary

Greyspring seeks a motivated Property Accountant to manage full-cycle accounting for its residential portfolio in Toronto. Candidates must have at least 1 year of relevant experience, a Bachelor's degree in Accounting or Finance, and strong organizational skills. Proficiency in accounting software, particularly Yardi, is preferred. This role offers an opportunity to collaborate across teams and contribute to the financial success of multi-family real estate assets.

Qualifications

• At least 1 year of relevant residential property accounting experience.
• Bilingual skills in French and English are an asset.

Responsibilities

• Responsible for full cycle accounting for residential properties.
• Preparation of monthly reports and bank reconciliations.
• Prepare year-end audit packages and liaise with auditors.

Skills

Attention to Detail

Communication

Organizational Skills

Teamwork

Education

Bachelor’s degree in Accounting, Finance, or similar field

Tools

Yardi

Microsoft Office

Job description

Greyspring

Greyspring is a vertically-integrated real estate investment, asset management, and property management firm focused on the acquisition and repositioning of multi-family assets across Canada. The organization was formed in 2018 by long standing partners, The Baz Group of Companies and Greybrook Realty Partners, to leverage their combined experience and expertise in residential development and create value by improving the quality of existing real estate assets and providing renters with improved housing options at accessible price points in growing and stable markets.

Overview of Position

The Property Accountant will report to the Vice President, Accounting and will play a key role in the full-cycle accounting for Greyspring’s residential portfolio. This includes overseeing day-to-day financial operations, coordinating monthly and quarterly reporting, and supporting the annual budgeting and forecasting processes. This role will work collaboratively with all other teams at Greyspring, including Property Management and Asset Management, offering the opportunity to gain a deep understanding of the financial underpinnings of our multifamily real estate portfolio.

Greyspring is seeking a motivated and detail-oriented individual with a proactive mindset and a strong sense of initiative. The ideal candidate will have at least 1 year of experience in residential property accounting, strong proficiency with accounting software (Yardi is an asset), and organizational skills.

Responsibilities

• Responsible for the full cycle accounting (AR, AP, bank reconciliation) for residential properties.
• Preparation of GST/HST remittances.
• Preparation of bank reconciliations.
• Preparation of monthly journal entries: GPR, Prepaid, accrual.
• Preparation of cash projections and requests of funding as needed.
• Preparation of monthly reports packages and perform analysis of monthly operating variances and account analysis.
• Prepare year-end audit packages and working papers, liaison with auditors.
• Other projects as assigned.

Qualifications

• Must have a least 1 year of relevant residential property accounting experience.
• A Bachelor’s degree in Accounting, Finance, or similar field.
• Bilingual skills (French and English) would be an asset.
• Experience with Yardi would be an asset.
• Strong communication, organizational, and attention to detail skills.
• Proficient in the use of Microsoft Office, including Word, Excel, and Outlook.

• Ability to work in team and a self-starter working in a fast-paced environment.