Senior Property Accountant

Allied; Toronto; On-site; CAD 83,000 - 95,000; Full time

Benefits offered by this job

Performance-based bonus programs

Comprehensive health benefits

Paid volunteer day

Professional development opportunities

Job summary

A leading real estate company in Toronto is seeking a Senior Property Accountant to manage the full accounting cycle for commercial properties. Responsibilities include monthly financial reporting, variance analysis, and maintaining tenant recovery setups. The ideal candidate will have a degree in Accounting, relevant experience, and strong MS Office skills. This position offers a salary range of $83,000 - $95,000 and various employee rewards including health benefits and professional development opportunities.

Qualifications

• Minimum 2-3 years of experience in Commercial property accounting.
• Ability to work independently under minimal supervision.
• Strong attention to detail and ability to meet deadlines.

Responsibilities

• Manage the full accounting cycle for a portfolio of properties.
• Prepare monthly operating costs and tax recovery estimates.
• Conduct variance analysis and review financial statements.

Skills

Advanced MS Office skills

Strong interpersonal skills

Analytical skills

Problem-solving

Time management

Self-starter

Education

University degree or College diploma in Accounting

Accounting designation or enrolled in a program

Tools

Yardi

Job description

About Allied

Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Our work is grounded in a clear purpose: to provide knowledge-based organizations with distinctive urban environments that support creativity, connectivity and human wellness.

Our vision is more expansive. We seek to make a continuous contribution to cities and culture that elevates and inspires the humanity in all of us. This vision informs how we operate, how we design and how we lead.

Real estate, for us, is not a passive investment. It is a profoundly human endeavour, one that must promote wellness, sustainability, diversity and creativity—today and for generations to come.

Allied is also a place to build a career of consequence. If you are looking for work that is thoughtful, tangible and enduring—work that contributes meaningfully to cities and the people who inhabit them—you will find purpose here.

For more information on Allied’s approach to city-building, visit our Insights page.

Purpose of the Role

Manage the full accounting cycle for a portfolio of commercial properties. As Senior Property Accountant, you will perform a broad range of accounting responsibilities to ensure accurate financial reporting and support informed financial decision-making.

Reporting to the Senior Manager, Property Accounting, you will collaborate across the organization to support property-level accounting, financial reporting and operational insights, contributing to the financial performance of Allied’s portfolio.

Responsibilities

• Responsible for full monthly accounting cycle of a portfolio of commercial properties, including journal entries, bank reconciliations, HST remittances.
• Maintain fixed asset module and prepare amortization entries.
• Prepare monthly operating costs and tax recovery estimates and maintain tenant recovery setup using Yardi.
• Perform Recovery Calculation, analyze recovery ratio and prepare shortfall analysis.
• Review and analyze financial statements and perform variance analysis.
• Analyze, reconcile, and maintain monthly working papers for balance sheet accounts.
• Ensure all reporting deadlines are met and accounting practices align with accounting policies and internal procedures.
• Prepare final annual operating costs and tax recovery adjustments and billings, including preparing CAM audit statements.
• Perform Joint Venture related tasks: cash flow analysis, management reports and responding to co-owner queries on a timely manner.
• Perform full cycle quarterly forecast and annual budget.
• Assist with audit queries, property appraisals and property tax appeals as needed.
• Assist with ad hoc projects as required.

Qualifications

• University degree or College diploma in Accounting or related field.
• Accounting designation or enrolled in an Accounting designation program.
• Minimum 2-3 years of experience in Commercial property accounting or in the real estate industry.
• Advanced MS Office skills; especially in Excel and Word.
• Yardi and Joint Venture experience is preferred.
• An assertive self-starter with the ability to work independently under minimal supervision.
• Strong interpersonal skills, proven ability to build relationships and effectively collaborate in a team environment.
• Strong analytical, problem-solving and time management skills, high level of attention to detail and ability to work under tight deadlines.

$83,000 - $95,000 a year

Note: The listed salary range does not reflect total compensation and rewards. We encourage all qualified candidates to apply.

This role is a current vacancy on the Allied team.

Total Rewards* and the Employee Experience

At Allied, total rewards are designed with the same perspective that shapes our operations. They are intended to support sustained contribution, creativity and a genuine sense of ownership in the work we do.

In practice, this includes:

• Shared financial success and an ownership mindset
  Eligible employees participate in performance-based bonus programs and a retirement savings program, with the option to invest in traditional funds or Allied units. This approach aligns individual effort with Allied’s long-term performance and reinforces a sense of ownership at every level of the organization.

• Intentional presence and time off
  In addition to vacation, employees receive six personal days and half-days before statutory holidays. Allied supports flexibility while maintaining a strong, in-person culture. This reflects how we collaborate most effectively and how we operate as a business.

• Health, wellbeing and support
  Comprehensive, company-paid health benefits include vision and dental coverage, along with a healthcare spending account. An employee assistance program is available to provide confidential support when it is needed.

• Growth through leadership and exposure
  Allied believes in leadership at every level. Employees are encouraged to contribute beyond the boundaries of their role, collaborate across disciplines and develop a broad understanding of the business. For those drawn to real estate, this includes uncommon exposure to how buildings, organizations and cities evolve through hands‑on experience and shared responsibility.

• Professional development grounded in practice
  Learning at Allied is both formal and experiential. Ongoing professional development and a mentorship program support growth through structured learning and day-to-day engagement with experienced colleagues across the organization.

• Purpose and connection beyond work
  Each year, employees are provided with a paid volunteer day to contribute time and effort to a cause that is personally meaningful to them, reflecting our belief that contribution extends beyond the workplace.

If you are motivated by the role real estate plays in shaping cities and culture, and want your work to contribute to that effort, we encourage you to apply.

More insight into life at Allied, including our ESG and EDI initiatives, can be found in our annual ESG report.

*Temporary or contract roles may not qualify for all the benefits listed, and some roles may follow a modified total rewards structure. We will confirm what benefits you qualify for during the recruitment process.

Additional Information

We value human connection and experience. While Allied uses technology, including AI-enabled tools, to support administrative efficiency, all screening, assessment and hiring decisions are made by people.

We are committed to hiring the most qualified candidates with a dedication towards supporting diversity, equity, and inclusion across our organization. All qualified applicants will receive consideration for employment without regard to gender, ethnicity, origin, sexual orientation, disability and socioeconomic background. Diverse perspectives strengthen our organization and help us deliver better outcomes for our tenants, partners and communities. All qualified candidates are encouraged to apply.

We strive to provide an accessible recruitment experience and welcome reasonable accommodation requests at any stage of the recruitment process. Please reach out to [e-mail] if support is needed.

We look forward to receiving your application.