Property Accountant

Kassen Recruitment; Toronto; On-site; CAD 55,000 - 85,000; Full time

Job summary

An established industry player is seeking a Property Accountant to manage a diverse portfolio of commercial properties. This role combines property accounting, corporate accounting, and lease administration, providing significant growth potential for candidates eager to advance into management. The ideal candidate will possess a strong understanding of full-cycle accounting within a commercial real estate context and will thrive in a fast-paced environment. If you have a proactive mindset and excellent organizational skills, this opportunity is perfect for you.

Qualifications

• 2-5 years of experience in real estate accounting.
• Strong understanding of full-cycle accounting principles.
• Ability to read and interpret commercial lease agreements.

Responsibilities

• Manage accounting for a portfolio of commercial properties.
• Oversee corporate credit card usage and utility invoices.
• Perform full-cycle accounting duties including bank reconciliations.

Skills

Full-cycle accounting

Property accounting

Lease administration

Budgeting

QuickBooks

Problem-solving

Communication skills

Education

CPA designation or pursuit

Tools

QuickBooks

Premier Jonas

Job description

We are seeking a Property Accountant to join our clients team. You will be responsible for a blend of property accounting, corporate accounting, and lease administration duties. This role offers significant growth potential, with the opportunity to advance into a management position. The ideal candidate will have a strong understanding of full-cycle accounting within a commercial real estate setting, with the ability to manage properties in the development phase.

Responsibilities :

• Manage accounting for a portfolio of commercial properties, including those in the development phase.
• Handle property administration tasks, such as contract management, budgeting, and tracking actual costs.
• Process and enter utility invoices for properties.
• Oversee corporate credit card usage.
• Manage accounting and reporting for US-based Airbnb properties, including monthly reporting and property / maintenance management (e.g., cleaner checks).
• Perform full-cycle accounting duties, including bank reconciliations and managing accounts payable / receivable.
• Administer lease agreements, including reading and interpreting lease terms, rental schedules, tenant recoveries, and additional rent calculations.
• Manage bills from service providers.

Qualifications :

• 2-5 years of experience in a real estate accounting role, with exposure to both property and corporate accounting.
• Strong understanding of full-cycle accounting principles, specifically within a commercial real estate context.
• Experience managing properties in the development phase, including contract management, budgeting, and tracking actual costs.
• Ability to read and interpret commercial lease agreements, including rental schedules, tenant recoveries, and additional rent calculations.
• Proficiency in QuickBooks and Premier Jonas is an asset.
• Strong self-starter with an entrepreneurial mindset and the ability to work independently.
• Excellent organizational, time-management, and problem-solving skills.
• Strong communication and interpersonal skills.
• Ability to thrive in a fast-paced, task-driven environment.
• CPA designation or active pursuit of a CPA is an asset.