Property Accountant

House of Wilson; Vancouver; On-site; CAD 65,000 - 85,000; Full time

Job summary

Join a leading real estate investment and management company in Vancouver as a full-cycle accountant. This role offers the opportunity for growth within the field and involves diverse responsibilities such as preparing financial statements, managing accounts receivable/payable, and assisting in budget preparation. Enjoy competitive compensation, community engagement, and a commitment to employee well-being.

Benefits

Competitive Compensation & Unique Benefits

Health and Well-being Focus

Personal and Professional Development

Highly Social Culture

Community Impact

Qualifications

• 1-3 years of full-cycle property accounting experience needed.
• CPA designation or working towards it is an asset.
• Intermediate skills in Microsoft Office required.

Responsibilities

• Prepare journal entries and conduct reconciliations.
• Review lease agreements and ensure accuracy.
• Assist in preparing and reviewing the annual budget.

Skills

Attention to Detail

Analytical Skills

Communication Skills

Education

Post-secondary education in Finance, Accounting, or a relevant field

Tools

Microsoft Office

Yardi Voyager 7s

Job description

Who We Are

Low Tide Properties is a private real estate investment, development, and management company founded in 2011 and headquartered in Vancouver, Canada. Our mission is to own and manage a diverse portfolio of office, industrial, multifamily-rental, and retail properties, focusing on value creation over time for each property.

What We Do

We invest in neighborhoods and properties that we know best. Our investment rationale is honed through partnerships with tenants and a deep commitment to each neighborhood. We are incredibly driven and passionate about the opportunities to create a positive impact in the communities we invest in.

Tenant service is our priority, and we are passionate about all things community. Our mission is to transform the neighbourhoods we invest in – we do so thoughtfully, knowing each small action can lead to a great impact. This can mean anything from supporting public art, to participating on the boards of local Business Improvement Associations, to taking pride in keeping our buildings clean and well-lit.

The Opportunity

This role is responsible for full cycle accounting for a portfolio of properties as well as other ad-hoc accounting duties. It’s essential in this role that the individual is someone looking to learn and grow within the field, who is a team player with a positive can-do attitude.

Responsibilities

Record Keeping

• Prepare journal entries and conduct timely and accurate reconciliations of balance sheet accounts.
• Perform monthly variance analysis against budget and prior periods.
• Maintain fixed asset ledgers and applicable depreciation and amortization schedules.
• Prepare and submit tax returns, liaising with CRA as required.
• Produce monthly financial statements according to company’s policy and requirements.
• Provide supplementary reporting as required.

Accounts Receivable & Tenant Administration

• Review lease agreements and ensure accuracy of lease information on accounting system.
• Review AR aging reports, working with wider business on long outstanding debts.
• Raise and post monthly rent charges.
• Produce tenant ledgers and statements as required.
• Maintain rent rolls.
• Perform accounting responsibilities for tenant changes (move in/out, extensions, etc.).

Accounts Payable

• Monitor and review payables for coding accuracy.
• Coordinate with multiple departments regarding determination and treatment of capital asset invoices
• Accurately accrue for unpaid costs.

Cash Management

• Prepare monthly bank reconciliations.
• Assist in monitoring cash positions and preparation of cash distributions and funding requests.

Operating Budgets

• Assist in preparing and reviewing annual budget.
• Partner with wider office to provide analysis of actuals vs budget on a monthly basis.
• Assist in reforecasting operating and capital costs.
• Escalate budget overages and work with property managers to explain and/or resolve.

CAM Recoveries

• Prepare year-end operating cost reconciliations for assigned properties.
• Determine appropriate allocation of operating costs in accordance with lease agreements.
• Review and follow-up status of operating cost reconciliation with property and asset management teams.
• Prepare year-end reconciliation billings.

Qualifications

• 1 – 3 years of full-cycle property accounting experience, including preparing annual budgets and year-end CAM recoveries.
• Post-secondary education in Finance, Accounting, or a relevant field.
• CPA designation or working towards designation is an asset.
• Intermediate skills in Microsoft Office (Word, Excel, Outlook).
• Experience with Yardi Voyager 7s is preferred, but not required.
• Exceptional verbal and written communication skills.
• Ability to adjust time management to respond to prioritized tasks with varying deadlines.
• Holds oneself to the highest level of integrity, accountability, and performance standards.
• Detail-oriented with strong analytical and quantitative skills.

This is a general description of the tasks and skills required. Additional responsibilities and duties may be required to successfully perform this position.

Why Join Us

Join our vibrant real estate family in the heart of Vancouver, where we redefine the industry norms. We prioritize community, employee well-being, and neighbourhood development. Here's why we stand out:

Competitive Compensation & Unique Benefits: Enjoy a competitive starting salary of $65,000 - $85,000 complemented by a bonus potential, tailored to your experience, but also enjoy RRSP matching and a comprehensive benefits package.

Highly Social Culture: Connect with your colleagues through monthly team lunches, invigorating team workouts, and community events.

Health and Well-being Focus: Access wellness programs and mental health support for a balanced lifestyle. Energize your workday with our fully stocked kitchen featuring healthy snacks and boost your fitness journey with a $1,500 annual fitness allowance.

Personal and Professional Development: Benefit from ongoing training and development opportunities. Whether you're looking to advance your career in real estate or explore new interests, you'll have the tools to reach your full potential.

Community Impact: We're proud to be more than just a real estate company; we're active participants in the communities we serve. Through our long-term investment approach and community engagement initiatives, we're dedicated to helping local neighborhoods thrive.

Join us in making a difference while thriving both personally and professionally!

HOW TO APPLY

Please select the following link to submit your application on our careers page.

https://hofw.bamboohr.com/careers/31