Property Accountant - 12 Month Contract

Vaco Recruiter Services; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading recruitment agency in Toronto seeks an experienced Property Accountant. The role involves preparing journal entries, coordinating with various departments, and managing financial reports. Ideal candidates have a degree in finance or accounting with 3-5 years of property accounting experience, and strong skills in communication and organization are essential for success. This position offers a pay rate of $28 - $33 per hour.

Qualifications

• 3 - 5 years of previous experience in Property Accounting.
• Experience in preparing financial statements and working papers.
• Proficient in Microsoft Office suite.

Responsibilities

• Prepare and post journal entries for expense accruals.
• Coordinate between departments regarding various billing and financial tasks.
• Prepare Month-End reporting packages and management reports.
• Annual budget preparations and responding to audit inquiries.

Skills

Communication skills

Customer service

Problem-solving skills

Organizational skills

Ability to work independently

Team collaboration

Education

College Diploma or University Degree in Finance or Accounting

Tools

Word

Excel

Outlook

JD Edwards

Job description

About the Opportunity

• Prepare and post journal entries for expense accruals, mortgage payments, etc.
• Code and approve utility expenses and legal invoices for Accounts Payable
• GL coding for cheque deposits by Revenue Control
• Liaise with Property Manager, Asset Managers, Recovery Accountants, etc. to resolve tenant issues
• Coordinate between departments (i.e., Tax department – interim and final tax bills, property assessment, etc. Recovery Accounting department – monthly recovery calculations, tenant disputes, etc.)
• Plan and prepare Month-End reporting periods (pre-booking journal entries, accruing revenue for management fees, etc.)
• Review lease summaries for accuracy (i.e., rates, square footage) and proper accrual of tenant revenue not set up in JDE
• Prepare cheque requisitions for property taxes, GST, Promo Fund, etc.
• Bank reconciliations, GST Remittances, Revenue Forecasting, Cash Flow Statements
• Maintenance of Fixed Assets (set up and disposal of new assets)
• Prepare management reports
• Prepare Month-End reporting packages
• Budget re-forecasting
• Prepare Statement of Adjustments for acquisition of properties
• Prepare and respond to inquiries for the interim and annual audits
• Annual budget preparations
• Respond to questions regarding internal review (GROC, A/R, Percentage Rent)
• Prepare Co-owners statements (management reports) and monitor cash flow position
• Monthly generation, posting and review of automated expense accruals
• Respond to team member inquiries regarding day-to-day duties
• Provide ongoing training / assistance for team members as required
• Other duties / projects as assigned

About You

• College Diploma or University Degree in Finance or Accounting
• 3 – 5 years previous experience in Property Accounting
• Previous experience in preparing financial statements and working papers
• Proficient in Word, Excel and Outlook
• Excellent communication, customer service and problem-solving skills
• Proven organizational skills and ability to cope with changing client needs
• Initiative and the ability to work independently and as part of a team
• Experience with JD Edwards is an asset

Pay Range

$28 - $33 / hour

How to Apply

Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats. When referencing this job, quote #460150.

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.