Property Accountant

KRISSILAS GROUP INC; Toronto; Hybrid; CAD 80,000 - 110,000; Full time

Job summary

KRISSILAS GROUP INC. is seeking a Property Accountant for a 6-month contract to manage financials for real estate development and construction projects, including development accounting, budgeting, draws, funding packages, and equity calls.

You will perform reconciliations, cash flow forecasts, and detailed reporting for a portfolio of mixed-use projects across cross-functional teams. The role requires a university degree in accounting/finance-related field, with CPA preferred, and at least 5

Qualifications

• University degree in Accounting/Business/Finance/Economics.
• CPA designation preferred.
• 5+ years in accounting with at least 3 years in real estate mixed-use development, property management, or construction.
• Strong financial analysis skills including NPV/IRR and cash flows.
• Experience with IFRS and financial reporting.
• Experience communicating with cross-functional teams and in JV environments.
• Advanced Excel proficiency (HLOOKUP, VLOOKUP, macros, pivots).
• Yardi Voyager experience is an asset.

Responsibilities

• Lead development accounting, budgeting, and construction draws for a portfolio of mixed-use projects.
• Prepare funding packages and equity cash call requests.
• Perform reconciliations, cash flow forecasts, and project reporting for distribution to departments and partners.
• Map new and existing projects into the accounts and conduct monthly audits.
• Identify data discrepancies and rectify issues to ensure compliance with accounting policies and joint venture protocols.

Skills

Financial analysis

Real estate experience

IFRS/financial reporting

Cross-functional communication

Joint ventures

Education

University degree in Accounting/Business/Finance/Economics

Tools

Excel (Advanced)

Yardi Voyager

Job description

Property Accountant - 6-month contract

Our client is a global leader in their industry. They are looking for a Property Accountant who specializes in financial management for real estate development/construction projects. You will be responsible for development accounting, budgeting, construction draws, funding packages and equity cash call requests, various reconciliations, cash flow forecasts, and detailed project reporting for a portfolio of mixed-use projects. This role will maintain and prepare reports for distribution to various departments and business partners, map new and existing third-party managed projects into the accounts, conduct monthly audits, and identify data discrepancies to rectify issues and ensure compliance with accounting policies and joint venture protocols.

• University degree in any of the fields: Accounting, Business, Finance, Economics
• CPA Designation is preferred
• 5+ years of work experience in accounting, with a minimum of 3 years of direct real estate mixed-use development, property management and construction industry exposure
• Very good understanding of financial analysis, NPV, IRR, cash flows and profit return analysis related to real estate development & redevelopment projects
• Working experience with IFRS and financial reporting
• Working experience in communicating with all cross-functional organization teams
• Working experience with project/s in a joint ventures business environment
• Excellent proficiency in advanced Excel required (this includes, but is not limited to, H-lookup, V-lookup, macros, pivot tables); excellent proficiency in Yardi Voyager an asset

Hybrid role - 4 days in the office

Location: Downtown Toronto

Salary is based on experience