Property Accountant (Residential)

Quantum Management Services Ltd.; Mississauga; Hybrid; CAD 68,000 - 83,000; Full time

Benefits offered by this job

Bonus

3 weeks vacation

10 PTO

Benefits & Pension

Job summary

Quantum Management Services Ltd. is seeking a Property Accountant (Residential) in Mississauga with a hybrid work setup. The role covers full‑cycle accounting for a portfolio of properties, including journal entries, reconciliations, and financial reporting.

You will support budgeting, variance analysis, and year‑end activities, while collaborating with management and tenant accounts teams. A background in real estate accounting and proficiency in Excel are essential.

Qualifications

• College diploma or university degree in Accounting, Finance, Business Administration, or a related field.
• Minimum 2 years of relevant accounting experience within real estate or property management and with rental properties.
• Experience with Yardi is considered an asset.
• Strong understanding of full-cycle accounting principles and financial reporting.
• Intermediate to advanced proficiency in Microsoft Excel and Microsoft Office Suite.
• Excellent communication and interpersonal skills, both written and verbal.

Responsibilities

• Manage full-cycle accounting activities for an assigned portfolio of commercial and/or residential properties.
• Record daily accounting transactions including journal entries, accruals, ledger postings, trial balances, and bad debt provisions.
• Prepare monthly, quarterly, and annual financial statement packages and supporting schedules.
• Complete monthly bank reconciliations and investigate discrepancies in a timely manner.
• Collaborate with Property Management and Accounts Receivable teams to reconcile tenant accounts and resolve discrepancies.
• Support budgeting and reforecasting processes related to operating recoveries and revenue modeling.

Skills

Communication

Interpersonal skills

Analytical skills

Organizational skills

Problem solving

Attention to detail

Time management

Education

Accounting degree or college diploma

Tools

Yardi

Job description

Position: Property Accountant (Residential)
Location: Mississauga (Hybrid)
Salary: $75,000 + Bonus, 3 Weeks Vacation, 10 PTO, Benefits & Pension
Job/Posting Type: Permanent/Open Vacancy

Key Responsibilities

General Accounting

• Manage full-cycle accounting activities for an assigned portfolio of commercial and/or residential properties.
• Record daily accounting transactions including journal entries, accruals, ledger postings, trial balances, and bad debt provisions.
• Maintain accurate financial records and ensure compliance with internal accounting policies and procedures.

Financial Reporting

• Prepare monthly, quarterly, and annual financial statement packages and supporting schedules.
• Assist in the preparation of annual budgets, forecasts, and variance analysis reporting.
• Analyze financial data and provide reporting support to management as required.

Bank Reconciliations

• Complete monthly bank reconciliations and investigate discrepancies in a timely manner.
• Ensure all transactions are accurately reflected between company records and bank statements.

Accounts Receivable & Tenant Support

• Collaborate with Property Management and Accounts Receivable teams to reconcile tenant accounts and resolve discrepancies.
• Assist with collection follow-up and support efforts to ensure timely receipt of outstanding payments.

Budgeting & Recoveries

• Support budgeting and reforecasting processes related to operating recoveries and revenue modeling.
• Assist with variance analysis and financial reporting to support forecasting accuracy.

Year-End & Audit Support

• Coordinate year-end adjustments including operating cost recoveries, common area maintenance charges, and realty tax billings.
• Prepare audit working papers and assist with annual audit requirements for assigned properties.
• Ensure revised rental notices and tenant billings are issued accurately and within required timelines.
• Participate in special projects and additional accounting initiatives as assigned.

Qualifications & Requirements

• College diploma or university degree in Accounting, Finance, Business Administration, or a related field.
• Minimum 2 years of relevant accounting experience within real estate or property management and with rental properties.
• Experience with Yardi is considered an asset.
• Strong understanding of full-cycle accounting principles and financial reporting.
• Intermediate to advanced proficiency in Microsoft Excel and Microsoft Office Suite.
• Excellent communication and interpersonal skills, both written and verbal.
• Strong analytical, organizational, and problem-solving abilities.
• High level of accuracy and attention to detail with the ability to manage multiple deadlines effectively.

All applications are reviewed by our recruitment team, and hiring decisions are made by people. We may also use AI-enabled tools to support parts of the application review process.