Property Accountant

CAPREIT; Toronto; On-site; CAD 60,000 - 70,000; Full time

Benefits offered by this job

Competitive salary

Paid vacation

Health, dental & vision benefits

Employee savings plan

Employee assistance program

Learning & professional development

Job summary

CAPREIT is seeking a Property Accountant to join our Toronto team. You will prepare and maintain accounting records including general ledger, costing and budgets, and analyze data to inform financial statements.

The role requires strong Excel skills, the ability to meet tight deadlines, and clear communication with Operations staff and auditors. CAPREIT supports CPA designation under a pre-approved program.

Qualifications

• College diploma or University degree in Accounting or Business.
• Pursuing CPA designation (CAPREIT is a Pre-approved Program).
• Strong analytical and problem solving skills.
• Ability to meet tight deadlines, multi-task and prioritize.
• Excellent written and verbal communication.
• Financial statements experience is an asset.
• Strong working knowledge of MS Excel.

Responsibilities

• Prepare monthly financial statements and variance analysis in a timely manner.
• Prepare monthly journal entries with proper supporting documentation.
• Perform account reconciliations for assets and liabilities and reconcile sub-ledgers.
• Reconcile rent roll sub-ledger and tenant LMR cheques.
• Prepare the annual operating budget and analyses with variance explanations.
• Handle portfolio queries from Operations staff and auditors.
• Maintain monthly and year-end working papers with full documentation.
• Set up acquisitions and disposals in the accounting system.
• Support special accounting projects as assigned by the Accounting Manager.

Skills

Analytical thinking

Problem solving

Communication skills

Deadline oriented

Multi-tasking

Education

College diploma or University degree in Accounting or Business

CPA in progress (Pre-approved by CAPREIT)

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?

At CAPREIT, We Reward All Permanent Full-time Employees

• 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