Property Accountant

OMERS / Oxford Properties Group; Toronto; On-site; CAD 60,000 - 80,000; Full time

Job summary

A leading global real estate investor is seeking a Property Accountant to join their North American Accounting team in Toronto. The role involves managing accounting and analysis for a portfolio of properties, requiring strong analytical skills and relevant experience. The successful candidate will take part in various duties aimed at ensuring accurate financial reporting and compliance, within an inclusive and dynamic work environment.

Qualifications

• 3-4 years of work experience in real estate accounting.
• CPA designation or CPA program substantially completed preferred.
• Experience with HFM and JDE is an asset.

Responsibilities

• Responsible for general ledger accounting, month-end close entries, and bank reconciliations.
• Prepare and analyze financial results to support business decisions.
• Design asset management reporting packages for decision making.

Skills

Analytical skills

Critical thinking

Communication

Interpersonal skills

Self-starter

Multitasking

Proficiency in Microsoft Excel

Knowledge of HFM

Knowledge of JDE

Education

University degree

CPA designation

Job description

Choose a workplace that empowers your impact.

Join a global workplace where employees thrive. One that embraces diversity of thought, expertise and passion. A place where you can personalize your employee journey to be — and deliver — your best.

We are a leading global real estate investor, developer and manager. We combine our capital with our capabilities to create real estate that strengthens economies and communities. By prioritizing people, partnerships and places, we generate meaningful returns for OMERS members, enhance value for our capital partners and create a brighter world for our customers.

Join us to accelerate your growth & development, prioritize wellness, build connections, and support the communities where we live and work.

Don’t just work anywhere — come build tomorrow together with us.

Know someone at OMERS or Oxford Properties? Great! If you're referred, have them submit your name through Workday first. Then, watch for a unique link in your email to apply.

We are looking for a Property Accountant to join Oxford’s North American Accounting team. The successful candidate will be part of an innovative team who is responsible for the accounting and analysis for a portfolio of properties and other projects as assigned. This role requires strong analytical and critical thinking skills, strong communication and the ability to multitask in a complex environment. Experience working in the real estate industry is preferred.

Specific duties include :

• Transition a portfolio of assets that was previously externally managed in house.
• Responsible for all aspects of general ledger accounting, including month-end close entries, bank reconciliations, commodity tax remittances, etc.
• Prepare, analyze and interpret monthly financial results to support the business.
• Analyze cash flows and manage contributions / distributions through the various legal structures.
• Prepare annual operating and capital budgets and quarterly reforecasts.
• Design and implement complex tenant recovery models.
• Review and analyze tenant leases, and year-end audited cost statements to facilitate final tenant billing reconciliations.
• Work proactively with property management and asset management to identify issues regarding the monthly financial results, tenant recoveries / tax questions, and provide guidance on proper accounting policies.
• Design and implement asset management portfolio reporting packages to deliver timely and accurate information to aid in decision making.
• Preparation of standalone and consolidated financial statements in various jurisdictions, ensuring consistent application of accounting standards in accordance with local GAAP or IFRS.
• Coordination of interim and year-end audits for various properties.
• Participation in projects with a focus on continuous improvement and making recommendations for efficiencies in day-to-day responsibilities.
• Ensure compliance with Oxford’s processes and controls.

Experience / Qualifications Required

• Minimum 3-4 years work experience in real estate accounting.
• University degree.
• CPA designation or CPA program is substantially completed is preferred.
• Excellent communication and interpersonal skills.
• Must be a self-starter and excel in fast-paced dynamic environments.
• Embrace collaborative sharing of knowledge within a teamwork environment and strong ability to manage multiple tasks.
• Strong financial analytical and critical thinking skills with the ability to evaluate complex situations and synthesize relevant information.
• Highly proficient in Microsoft Excel.
• Experience with HFM and JDE considered an asset.

Oxford's purpose is to strengthen economies and communities through real estate.

Our people-first culture is at its best when our workforce reflects the communities where we live and work — and the customers we proudly serve.

From hire to retire, we are an equal opportunity employer committed to an inclusive, barrier-free recruitment and selection process that extends all the way through your employee experience. This sense of belonging and connection is cultivated up, down and across our global organization thanks to our vast network of Employee Resource Groups with executive leader sponsorship, our Purpose@Work committee and employee recognition programs.

Why choose OMERS and Oxford?

We're committed to :

Inclusion and Diversity

We are passionate about inclusion and advocate for I&D across our network of employees, members and partners.

We are proud of our commitment to developing a best in class approach to complete wellness for our employees and members.

Growth & Development

We invest in our people, providing them with opportunities so they can develop and grow.

J-18808-Ljbffr

Create a job alert for this search