Property Accountant

Pure Industrial; Toronto, Mississauga, Vaughan; Hybrid; CAD 60,000 - 80,000; Full time

Job summary

A leading company in property management is seeking a Property Accountant in Toronto. The ideal candidate will be responsible for financial statement preparation, budgeting, and liaising with various teams to enhance financial operations. The role requires a Bachelor's degree in Accounting and relevant experience in real estate accounting, coupled with strong communication and time management skills.

Qualifications

• 2-3 years of experience in real estate accounting.
• CPA titles or in the process of obtaining them considered an asset.
• Strong knowledge of Microsoft Office, especially Excel.

Responsibilities

• Prepare monthly financial statements and budgets for assigned properties.
• Perform month-end closing, including financial reports and analysis.
• Assist with year-end audit processes.

Skills

Communication

Time Management

Teamwork

Attention to Detail

Process Improvement

Education

Bachelor’s degree in Accounting

Tools

Microsoft Excel

Yardi

Job description

Role Summary:

The Property Accountant works closely with the Property Managers, the accounts receivable and payable team as well as the corporate team. In addition to preparing the financial statements and budgets for the buildings for whichtheyareresponsible,theyensures their reliability.

Core Responsibilities:

• Prepare monthly financial statements: analyze variances, accruals, major expenses, etc.
• Prepare budgets, revise expenses.
• Estimate the 13thinvoice, explain the variances with the budget.
• Determine the prepayment of net rents and provide the information necessary for invoicing.
• Balancing property taxes.
• Review and generate monthly billings for tenants.
• Liaise with property management, leasing, and other departments regarding daily operations.
• Perform month-end closing, including preparation of financial statements and monthly financial reports, as well as analysis and discussion of monthly variances to support budget overruns and margin erosions for assigned properties.
• Work with property management and other departments to prepare annual budgets and quarterly reviews.
• Assist with year-end audit processes through the preparation of audit working papers.
• Identify opportunities for process improvement or efficiency.
• Other ad-hoc projects.

RequiredSkillsandExperience

•Bachelor’s degree in accounting.

•2-3years if experience in real estate accounting.

• Excellent written and oral communication skills.

•CPA titles or in the process of obtaining the title (asset).

•Excellent time management skills, ability to meet tight deadlines and attention to detail.

•Strong knowledge of Microsoft Office (Excel, Word, etc.).

•The ability to work in a team.

•Experience with Yardi is preferred.

At Pure, it’s our employees who differentiate us.We are committed to fostering diversity and inclusion in the workplace within our organization. Therefore, we encourage all qualified people from different backgrounds to apply to us.Facilitiesare available as needed for all persons with disabilities throughout the hiring process. Successful applicants will also undergo a background check.

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