Development Accountant (6-Month Contract)

RioCan Real Estate Investment Trust; Toronto; On-site; CAD 64,000 - 88,000; Full time

Benefits offered by this job

Health and dental benefits

Flexible work hours

Career development programs

Employee discounts

Job summary

RioCan is seeking a Property Accountant at our Lawrence Allen Centre location in Toronto. The role provides financial and accounting support for our largest property portfolios, including maintenance of ledgers, preparation of financial statements, and month-end closes.

You'll work with the Property Manager and cross-functional teams, handle journal entries, reconciliations, budget prep, and audits. The ideal candidate has 3–5 years in property accounting, strong Excel skills, and familiarity

Qualifications

• 3–5 years’ prior experience in Property Accounting.
• Experience preparing financial statements and working papers.
• Proficient with Yardi is an asset.

Responsibilities

• Prepare and post journal entries for expenses and mortgage payments.
• Code and approve utility expenses and invoices for Accounts Payable.
• Process month-end close and generate management reporting.
• Coordinate with Property Manager and Asset Managers on tenant issues.
• Prepare statements and respond to audits.
• Assist with budget and forecast activities.
• Maintain fixed assets records and disposals.

Skills

3–5 years Property Accounting

Proficient in Word, Excel and Outlook

Excellent communication

Education

College Diploma or University Degree in Finance or Accounting

Tools

Yardi

Job description

Who We Are

For over 30 years, our entrepreneurial mindset and strategic vision have fueled our growth into one of Canada’s largest and most successful REITs. Our retail-focused and mixed-use portfolio reflects our commitment to creating vibrant community spaces where people want to shop, live, work, and play. We take pride in our strong legacy while continuously adapting, innovating, and investing in the future. We’re proud to be recognized as one of Canada’s Most Admired Corporate Cultures, Canada’s Greenest Employers, Canada’s Best Diversity Employers, and a Greater Toronto Top Employer.

At RioCan, we believe our people are our greatest strength. We foster a welcoming, inclusive culture where employees can connect authentically, grow continuously, and bring their whole selves to work. Here, you’ll find opportunities to learn, lead, and make an impact every day.

Position Overview

This role is located at our Lawrence Allen Centre location. Reporting to the Manager, Property Accounting, this position provides financial / accounting assistance to the largest and most complex portfolio(s) of properties through the maintenance and analysis of records or ledgers, preparation of financial statements and reconciliation of property accounts.

Responsibilities

• 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 (ie; 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 (ie; rates, square footage) and proper accrual of tenant revenue not set up in Yardi;
• 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.

Qualifications

• 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;
• Experience with Yardi is an asset;
• 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.

$64,000 - $88,000 a year

The base salary range for this role reflects compensation for candidates at varying levels of experience and proficiency. The salary will be determined based on the successful candidate’s relevant competencies, including skills, experience, education, and our teams’ requirements.

This posting is for an existing vacancy within our organization.

Why join RioCan?

We believe in rewarding you for what you do and investing in your career and long-term success. Our total rewards program is designed to help you thrive in every aspect of your life: physically, emotionally, financially, and socially. Here’s what we offer:

An Extensive Health and Benefits Program

that includes health and dental benefits starting on day one, healthcare and wellness/lifestyle spending accounts, access to an employee family and assistance program, virtual healthcare services, and other resources to support your overall well-being.

A Comprehensive Retirement Program

to help prepare you for your future. This includes matching employee contributions in a retirement savings plan, pension plan, and an employee unit purchase plan.

Work/Life Balance

that prioritizes you. Enjoy flexible work hours, an extra-long weekend with our RioCan Cares Day, and half days before every long weekend in the summer.

Professional Growth and Development

opportunities to advance your skills and grow your career through our continuing education reimbursement, mentorship and leadership development programs, on-demand online learning, and cross-functional training opportunities.

Additional Perks and Benefits

that include paid time off, parental leave top-up, employee discounts, referral and recognition programs, and year-round opportunities to connect through community initiatives, committees, and social events.

If you share RioCan’s values and a passion for real estate, we want to hear from you.

We are committed to creating a diverse and inclusive work environment where all employees are valued, included, and empowered to do their best work and bring great ideas. People are at the core of who we are, and we respect that they have taken all paths to get here. RioCan welcomes applications from all candidates and is committed to providing accommodations for people with disabilities. If you require accommodation at any stage of the application process, please let us know, and we will be happy to work with you to meet your needs.

You can visit us at www.riocan.com and follow us on LinkedIn to learn more about who we are and what a career at RioCan can look like for you.

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.