Senior Property Accountant

Primaris REIT; Canada; On-site; CAD 85,000 - 95,000; Full time

Job summary

A leading real estate firm in Toronto seeks a Senior Property Accountant to ensure efficient accounting within a dynamic team. This role involves full cycle accounting, preparation of financial reports, and coordination of functions for newly acquired properties. Ideal candidates have a Bachelor's in Accounting, experience in commercial real estate, and a strong mastery of Excel. A competitive salary range of CAD $85,000 - $95,000 is offered along with a comprehensive compensation package.

Benefits

Comprehensive total compensation package

Competitive wages

Qualifications

• 3-5 years commercial real estate experience preferred.
• CPA designation highly preferred.
• Strong analytical and inquiry skills.

Responsibilities

• Provide full cycle accounting for assigned portfolio.
• Prepare monthly and annual financial reports.
• Coordinate accounting functions for newly acquired properties.
• Assist with reviews of Property Accountants' work.

Skills

Attention to detail

Communication skills

Analytical skills

Process management

Proficiency with Microsoft Excel

Education

Bachelor's Degree in Accounting, Finance, Business Administration

Enrolment in a program for CPA

Tools

Microsoft Excel

Yardi

Job description

Job Type

Full Time, Hourly

Position Summary

Primaris REIT is currently hiring a dedicated and enthusiastic Senior Property Accountant to join our team in our downtown Toronto office. If you are process driven, have great attention to detail and thrive in a dynamic, fast‑paced environment, this exciting opportunity is perfect for you!

Vacancy Status

Replacement

Role

As the Senior Property Accountant, you will provide exceptional customer service to both internal and external clients and provide efficient and accurate accounting & analysis of a retail real estate portfolio owned by Primaris. Your communication skills and positive attitude will contribute to the success of our team. You will be responsible for:

• Full cycle accounting for assigned portfolio including monthly journal entries and reconciliations of the cash, equity, investment property, debt, and intercompany account balances.
• Prepare, review & analyze:
  • Monthly reporting for assigned portfolio including month‑end closes, actual to budget variance analysis and quarter‑over‑quarter variance analysis.
  • Quarterly and year‑end property packages, and liaise with auditors.
  • Annual financial and cost statements.
  • Annual tenant operating cost, CAM recoveries and realty tax billings.
  • Budgets and quarterly re‑forecasts.
• Set‑up and coordinate the accounting functions for newly acquired properties.
• Provide regular updates & feedback to the Manager, Accounting.
• Assist Manager, Accounting with reviewing work of Property Accountants.
• Participate in the development and distribution of best practices, process documentation, and user support materials for department processes.
• Act as a resource to the Property Accountants.
• Provide support to Manager, Accounting with special projects/initiatives.
• Ad‑hoc analyses as required by management and internal and external stakeholders.
• Other duties as assigned.

Requirements

• Bachelor's Degree in Accounting, Finance, Business Administration, or related field.
• Enrolment in a program for a professional accounting designation.
• CPA designation highly preferred.
• 3‑5 years commercial real estate experience.
• Excellent proficiency with Microsoft Excel, easily work with formulas (e.g., index, sumif, pivot, lookups, conditional formats, links, etc.).
• Yardi experience an asset.
• Strong process management/improvement skills with a mindset for continuous improvement.
• Strong analytical and inquiry skills to understand operational processes and constraints.
• Produce accurate work with attention to detail and consistently meet deadlines.
• Actively support training & development opportunities for employees as well as provide regular and meaningful feedback while delegating responsibility and being comfortable working through others.

Compensation

At Primaris, we believe in rewarding talent with competitive wages and comprehensive total compensation package. Your compensation is thoughtfully determined based on factors such as location, job level, relevant education or training, experience, knowledge, skills, and abilities, while ensuring internal equity and alignment with market data.

Expected Salary Range: CAD $85,000 - $95,000

Please note: This is the expected range for the positions, however, it should not discourage you from applying. If you believe you’re a strong fit for the role, we encourage you to submit your application regardless of salary expectations.

Beyond salary, our total rewards approach reflects our commitment to recognizing your contributions and supporting your growth.

AI Use & Accommodation

To manage the large volume of applications, AI may be used in the recruitment process. If your qualifications align with the requirements of this role, you may be contacted for next steps.

Primaris REIT is an equal opportunity employer, committed to providing fair recruitment and employment practices to all employees and applicants. If you require accommodation for this role, please contact [email protected].

Competencies

• Communicate clearly, concisely, professionally and convey active listening and openness.
• Build positive relationships and demonstrate commitment, effort and a "take charge" attitude.
• Produce accurate work with attention to detail and consistently meet deadlines.
• Take ownership for actions, accept constructive criticism and make the necessary changes to behaviour.
• Overcome obstacles to get the job done, identify problems and recommend solutions.
• See change positively and adapt quickly to change in work requirements.

Values

• Respect: Value diverse perspectives, experiences and talents; treat others the way you would want to be treated.
• Empowerment: Use the means provided to carry out responsibilities to the best of your ability and to implement creative ideas.
• Integrity: Do the right thing, deliver on commitments and admit mistakes.
• Teamwork: Work together as one team toward common goals.
• Accountability: Hold yourself and others accountable for decisions and results.

Next Step

If your background matches the qualifications listed above and you are looking for an opportunity with a dynamic team, please submit your resume by clicking Apply Here. Please note that we thank all who apply; however only candidates considered for an interview will be contacted.

Primaris is committed to accessibility for persons with disabilities in the course of employment, including in recruitment and hiring. If, as a result of a disability, you require accommodation in order to apply for this role and/or participate in the recruitment process, please contact us here.

More Careers At Primaris