Senior Property Accountant

Winchesters; Toronto; On-site; CAD 85,000 - 110,000; Full time

Job summary

Winchesters is seeking a Senior Property Accountant to join its finance team. The role focuses on the accounting and financial reporting for a portfolio of properties across commercial and multi-family real estate, with a strong emphasis on accuracy and proactive financial analysis.

You will manage month-end close, journal entries, and variance analysis, collaborating with property managers to ensure precise reporting and budgeting.

Qualifications

• Minimum 3-4 years of relevant property accounting experience.
• Commercial real estate accounting experience is considered an asset.
• University degree in Business, Accounting, Finance, or a related field.
• Currently pursuing a CPA designation.
• Strong understanding of accounting principles and full-cycle accounting.
• Hands-on experience with month-end close, reconciliations, and financial reporting.
• Strong Excel skills, including formulas, reconciliations, and financial analysis.
• Experience with Yardi or similar property management accounting software.
• Strong analytical and problem-solving skills with excellent attention to detail.
• Self-starter who can also work effectively as part of a team.
• Strong organizational and time-management skills with the ability to manage multiple priorities in a fast-paced environment.

Responsibilities

• Prepare monthly and quarterly property-level financial statements, including rent rolls, variance analysis, and operating cost and tax recoveries.
• Prepare and post monthly journal entries, including accruals, prepaid expenses, depreciation, amortization, and allocations.
• Review and reconcile general ledger, tenant, balance sheet, and bank accounts.
• Prepare monthly and quarterly reporting packages.
• Prepare property budgets and forecasts for the commercial portfolio.
• Complete annual operating cost and property tax adjustments for tenants.
• Prepare property-level cash flow reporting and monitor cash receipts and disbursements.
• Prepare property tax, sales tax, GST/HST, and other applicable regulatory reporting.
• Work closely with Property Managers to investigate and resolve accounting issues.
• Assist with year-end working papers, external audits, and auditor requests.
• Support financial system improvements and implementations.
• Assist with additional accounting and administrative projects as required.

Skills

Property accounting

Month-end close

Financial reporting

Analytical skills

Attention to detail

Time management

Team player

Education

University degree in Business/Accounting/Finance

Pursuing CPA designation

Tools

Yardi

Excel

Job description

Our client, an established real estate investment and property management company, is seeking a Senior Property Accountant to join their finance team.

The team is looking for a detail-oriented and proactive accounting professional with strong property accounting experience. This role will be responsible for the accounting and financial reporting of a portfolio of properties, with exposure to both commercial and multi-family real estate.

Key Responsibilities

• Prepare monthly and quarterly property-level financial statements, including rent rolls, variance analysis, and operating cost and tax recoveries.
• Prepare and post monthly journal entries, including accruals, prepaid expenses, depreciation, amortization, and allocations.
• Review and reconcile general ledger, tenant, balance sheet, and bank accounts.
• Prepare monthly and quarterly reporting packages.
• Prepare property budgets and forecasts for the commercial portfolio.
• Complete annual operating cost and property tax adjustments for tenants.
• Prepare property-level cash flow reporting and monitor cash receipts and disbursements.
• Prepare property tax, sales tax, GST/HST, and other applicable regulatory reporting.
• Work closely with Property Managers to investigate and resolve accounting issues.
• Assist with year-end working papers, external audits, and auditor requests.
• Support financial system improvements and implementations.
• Assist with additional accounting and administrative projects as required.

Qualifications

• Minimum 3-4 years of relevant property accounting experience.
• Commercial real estate accounting experience is considered an asset.
• University degree in Business, Accounting, Finance, or a related field.
• Currently pursuing a CPA designation.
• Strong understanding of accounting principles and full-cycle accounting.
• Hands-on experience with month-end close, reconciliations, and financial reporting.
• Strong Excel skills, including formulas, reconciliations, and financial analysis.
• Experience with Yardi or similar property management accounting software.
• Strong analytical and problem-solving skills with excellent attention to detail.
• Self-starter who can also work effectively as part of a team.
• Strong organizational and time-management skills with the ability to manage multiple priorities in a fast-paced environment.

We thank all applicants for their interest; however, only those selected for an interview will be contacted.