Senior Property Accountant

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

Job summary

A leading real-estate management firm in Canada seeks a Senior Property Accountant to manage full-cycle accounting for properties. The role involves producing financial statements, cash management, and supporting accounting staff. Candidates should have 4-5 years of accounting experience and be enrolled in a CPA program. A competitive salary range of $85,000 to $95,000 is offered, along with comprehensive benefits and opportunities for growth in a dynamic work environment.

Benefits

Competitive benefits

Incentive compensation plans

Qualifications

• Minimum 4-5 years of accounting experience.
• 2-3 years of commercial/retail property accounting experience.
• Ability to communicate in French is an asset.

Responsibilities

• Provide full-cycle accounting for a portfolio of properties.
• Produce monthly financial statements.
• Assist in training property accounting staff.

Skills

Effective communication

Time management

Intermediate to advanced Excel

Education

Enrollment in CPA program

Tools

Microsoft Excel

Microsoft Word

Job description

Senior Property Accountant

1 York| Toronto, ON

Who We Are

BGO is a leading, global real‑estate investment management advisor and a globally‑recognized provider of real‑estate services. BGO serves the interests of more than 750 institutional clients with expertise in the asset management of office, industrial, multi‑residential, retail and hospitality property across the globe. BGO has offices in 28 cities across twelve countries with deep, local knowledge, experience, and extensive networks in the regions where we invest in and manage real‑estate assets on behalf of our clients in primary, secondary and co‑investment markets. BGO is a part of SLC Management, which is the institutional alternatives and traditional asset management business of Sun Life.

For more information, please visit www.bgo.com

BGO promotes a corporate culture that attracts and retains the highest caliber people. We encourage opportunities for growth, development, and promotion by providing our employees with the resources to work effectively and continually strive to perform better. We are committed to a safe and sustainable work environment.

The opportunity

We are looking for an individual to provide full‑cycle accounting for a portfolio of properties and to add value to BGO’s Real Estate Services team and clients.

What you will do on a monthly basis

Full understanding of all property specific processes and upkeep of pertinent information relating to specific properties. Provide accurate and timely financial information as required internally by management and other departments, and externally to the client.

Financial Statements

• Produce monthly Financial Statements in accordance with accounting standards and policies
• Utilize budgets and other tools to analyze variances
• Ensure all GST/HST and other legislated taxes and assessments are reconciled and remitted
• Property sales/turnover – final operating statements, funds distribution, HST reconciliation, closing of bank accounts, and any other relevant closing duties

Cash Flows / Cash Management

• Monitor cash positions with special attention to monthly mortgage payments, payroll billings, management fees, property taxes, GST/HST remittances, capital and leasing costs, and any other major monthly expenditures
• Surplus funds distributions to owners
• Monthly bank reconciliations

Accounts Payable / Receivable / Administration

• Monitor and review mid‑month and month‑end receivables for accuracy, adjustments, and/or corrections
• Produce monthly rent roll/receivable report
• Annual property tax invoicing for tenants that do not pay monthly
• Monitor monthly sales reports and follow up on outstanding sales
• Support site in reconciliation and invoicing of tenants as due
• New property set up, analysis, and follow up of outstanding issues as required

What you will do on an annual basis

Operating Costs

• Complete year‑end operating cost adjustments and tenant billings for assigned properties within 90 days of operating year end
• Follow up with status of operating cost reconciliations for your portfolios

Operating Budgets

• Responsible for completing accounting portion of assigned budget files within assigned deadlines
• Follow up on status of budgets throughout the draft, revised, and final stages to ensure completion within the assigned deadlines
• Analyze coming years new budget for portfolio for changes to accounting treatment of various items
• Ensure new rental notices are sent to tenant for coming years operating budget approximately 45 days prior to commencement of the operating year

Training and Mentoring

• Assist in training property accounting staff in all BRES property accounting cycles including procedures, processes, and review of property files
• Assist as a resource for property accounting staff to come to for guidance and direction for accounting and property related issues
• Assist in the overall management of the group through mentoring of property accounting staff
• Support ongoing training, developing, and mentoring of property accounting staff

Who you are

• Enrolled in CPA program
• Minimum 4‑5 years accounting experience; minimum 2‑3 years commercial/retail property accounting experience required including full cycle property accounting, CAM/Tax recoveries, and financial statement preparation; supervision of staff an asset
• Communicate effectively, both oral and written; ability to develop and sustain cooperative working relationships
• The ability to communicate effectively, both oral and written in French is an asset
• Time management, work under pressure, and meet tight deadlines; ability to handle multiple demands and competing priorities; ability to prioritize workload; ability to work at a detailed level; willingness to learn in a dynamic environment that includes new ideas and change
• Intermediate to advance skills in Excel, Word, and other Microsoft Office programs

The Expected Base Pay Range: $85,000.00‑$95,000.00. The Base Pay range is for the primary location for which the job is posted. BGO values the contribution of our employees and our compensation structure may vary based on the geographical location of successful candidates, as well as their experience, skills or qualifications. In addition to base pay, eligible BGO employees participate in various incentive compensation plans, based on individual and business performance as well as a broad range of competitive benefits.

At BGO, we recognize that each employee's unique experiences, perspectives, and viewpoints strengthen our ability to create and deliver the best value to our clients, partners and stakeholders/investors and therefore we strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientations and life experiences to apply.

BGO is committed to equitable hiring practices and we welcome the opportunity to discuss accommodation and ensure fairness and equity in our hiring process. If you require accommodation, please email us at [e-mail] and include: Job posting #, your name and your preferred method of contact.

We thank all applicants for their interest in employment with BGO, however only those selected for an interview will be contacted.