Property Accountant

Socket.dev; Toronto; On-site; CAD 60,000 - 70,000; Full time

Benefits offered by this job

Salary range clarity

Paid vacation

Health benefits (flexible)

Savings plan

Employee & Family Assistance Plan

Learning & Professional Development

Job summary

Socket.dev is seeking a Property Accountant in Canada to prepare and maintain accounting records, including general accounting, costing and budget data. The role involves examining, analyzing, and interpreting records to prepare financial statements, with emphasis on accuracy and timeliness.

You will handle monthly close processes, budget analyses, and reconciliations while supporting audits. A CPA path is encouraged, and proficiency in MS Excel is essential for success in this role.

Qualifications

• College diploma or University degree in Accounting or Business.
• Actively pursuing CPA designation (CAPREIT is a Pre-approved Program).
• Strong analytical and problem solving skills.
• Ability to work under tight deadlines, multi-task and prioritize.
• Ability to communicate effectively, both oral and written.
• Financial Statement experience is an asset.
• Must have strong working knowledge of MS Excel.

Responsibilities

• Monthly financial statement preparation and variance analysis.
• Monthly journal entries preparation with supporting documentation.
• Account reconciliations for assets and liabilities.
• Revenue - rent roll sub-ledger reconciliation and tenant LMR cheques.
• Annual operating budget preparation and analysis with variance explanations.
• Handle queries from Operations staff & auditors.
• Maintain month-end and year-end working papers and balance sheet files.
• Set up acquisitions and disposals in the system and assist with special projects.

Skills

Analytical skills

Problem solving

Communication

Time management

Education

Accounting/Business degree

Tools

MS Excel

Job description

Who are we?

We are a growth-oriented company that own and operate the highest quality rental communities across Canada. We offer our residents attractive, comfortable and secure homes and are constantly seeking talented individuals to join our team. Our employees are essential to the success of our communities and we consider them our most valuable assets. We proudly invest in our employees’ learning and growth through our Mentorship Program and our Leadership Development Program, offered in partnership with Concordia University. As a recognized 2025 Mercer Best Employer, we are proud to be an equal opportunity employer that celebrates the diversity of the communities where we live and do business. This is reflected in the incredible progress we've made in raising our Engagement Score above the Canadian Top Quartile. It's a testament to the dedication of our people across the country. Together, we will continue to raise our levels of employee engagement.

Position Summary:

The Property Accountant prepares and maintains accounting records which includes general accounting, costing and budget data. They are also responsible for examinining, analyzing and interpreting accounting records for the purpose of preparing financial statements.

Responsibilities:

• Monthly financial statement preparation and variance analysis – completed on a timely basis as per monthly accounting schedule
• Monthly journal entries preparation – to include proper supporting documentation
• Account reconciliations – includes asset & liability general ledger account reconciliations, maintaining approved protected spreadsheets where required, ensure sub-ledgers reconcile with general ledger.
• Revenue – rent roll sub-ledger reconciliation, preparation of tenant LMR interest cheques
• Annual operating budget preparation and analysis – includes detailed utility rate and consumption analysis and variance explanations from pro-forma
• Handle queries relating to portfolio from Operations staff & auditors
• Maintain proper monthly and year-end accounting working paper files – year-end file to include proper supporting documentation for all balance sheet accounts
• Proper set up of acquisitions and disposals in computer system – includes rent roll, subledgers, account analysis
• Special projects as assigned by Accounting Manager

Qualifications:

• College diploma or University degree in Accounting or Business
• Actively pursuing CPA Designation (CAPREIT is a Pre-approved Program)
• Strong analytical and problem solving skills
• Ability to work under tight deadlines, multi-task and prioritize
• Ability to communicate effectively, both oral and written
• Financial Statement experience is an asset
• Must have strong working knowledge of MS Excel

What’s in it for you?

• Competitive Base Salary starting between $60,000 - $70,000
• Paid Vacation
• Flexible Health, Dental & Vision Benefits
• Employee Savings Plan
• Employee & Family Assistance Plan
• Learning & Professional Development