Property Accountant

Concert Properties Ltd.; Toronto; On-site; CAD 60,000 - 80,000; Full time

Job summary

A leading real estate firm is seeking a Property Accountant in Toronto for a maternity leave contract. This role involves managing full-cycle accounting for diverse properties, requiring strong attention to detail and excellent communication skills. Candidates are encouraged to apply regardless of experience level, and a collaborative work environment is emphasized.

Benefits

Competitive pay

Comprehensive benefits

Wellness programs

Collaborative culture

Qualifications

• Experience in Property Accounting, especially commercial.
• Exemplary verbal and written communication skills.
• Ability to manage a variety of tasks in a changing environment.

Responsibilities

• Manage full-cycle accounting for properties.
• Prepare and review financial statements for accuracy.
• Work directly with property management on budgets and forecasts.

Skills

Attention to detail

Communication

Multitasking

Interpersonal skills

Education

Undergraduate degree or college diploma in accounting

Tools

Yardi Voyager

Microsoft Suite

Job description

Putting people first is at the heart of the Concert Properties story. We are deeply invested in improving the lives of the people who live and work in our communities, acknowledging that communities are more than just buildings. We focus on quality, consistency, and sustainability, and our business is driven by warm, passionate people who embody a desire to help each of us feel more connected to one another.

Since 1989, our real estate portfolio has grown to an asset value of $9 billion and includes condominiums, rentals, industrial and commercial properties, and public infrastructure projects across Canada.

Position Summary:

Concert is seeking a Property Accountant to join our Toronto team for a one-year maternity leave contract. In this role, you'll manage full-cycle accounting for a portfolio of office and industrial properties, with the opportunity to apply your residential property knowledge as well.

Key responsibilities include preparing financial statements, analyzing results, and supporting operations. We're looking for someone with strong attention to detail, excellent communication skills, and the ability to multitask. Real estate accounting experience (commercial and/or residential) is a strong asset.

Key Responsibilities:

• All aspects of the monthly accounting entries for a portfolio of properties.

• Calculation of the annual cost recoveries and adjustment billings to tenants.

• Prepare and review monthly financial statements for accuracy, consistency, and completeness.

• Prepare monthly rent billing and electronic pre-authorized rent payment transfers, analyze outstanding arrears reports.

• Have knowledge of depositing, recording, and reconciling the cheques applicable to multiple properties

• Prepare the Monthly and Quarterly Financial Statements packages.

• Prepare month-end journal entries, accounting memos and analysis of portfolios.

• Follow internal controls and accounting policies and procedures.

• Work directly with property management to create and analyze budgets, accruals, cash flows and forecasts.

• Participate in the evaluation of existing processes to improve and enhance efficiency; display pro-active thinking skills.

• Ensure consistency of processes and procedures for own portfolio of both residential and commercial properties.

• Support and provide back-up for the team (vacation, sick coverage, etc.).

• Participate in the maintenance of a supportive, teamwork-oriented environment.

Required Knowledge & Skills:

• Experience in Property Accounting, ideally with an emphasis in commercial property accounting.

• Undergraduate degree or college diploma is an asset but not necessary.

• Knowledge in Yardi Voyager (preferably 7S version) is an asset.

• Proficient in Microsoft suite of products.

• Exemplary verbal and written communication skills with the ability to effectively communicate across different departments and time zones.

• Stays calm under pressure and acts professional in stressful situations.

• Independent, initiative-taker who also works well in a team.

• Ability to adapt and manage a variety of tasks in a rapidly changing work environment.

• Strong inter-personal skills and the ability to work effectively and efficiently with a team of accountants located in both Vancouver at the Head Office and Toronto office.

Join the Concert Team in building a people-first future.

Concert Properties is proud to have been named one of BC’s Top Employer for the fifth year in a row !

We are a proud Canadian company, providing quality employment across the country and working together with the people we serve to realize our vision – building resilient, inclusive, sustainable communities. Our success is based on our employees – on a passionate, talented team who value a collaborative culture, a desire for excellence and a willingness to give back. We truly value our team members and offer competitive pay, and comprehensive benefits and perk programs that support and promote employee health and wellness.

At Concert Properties, we value diversity, equity and inclusion and are committed to building a team that represents a variety of backgrounds perspectives and skills. We welcome applications from all qualified job seekers. The posted salary range is reflective of the qualifications and experience we are looking for in a candidate to fill this opportunity, however applicants with all levels of experience are welcome to submit their applications. Please be advised that only short-listed candidates will be contacted.

Thank you for your interest in Concert Properties.