Senior Property Accountant

Primaris REIT; Toronto; On-site; CAD 55,000 - 60,000; Full time

Job summary

A leading company is seeking a Senior Property Accountant in Toronto, ON. You will manage full cycle accounting for a retail real estate portfolio, ensuring accurate financial reporting and compliance with policies. The ideal candidate has a bachelor's degree in finance or accounting, CPA designation preferred, and a strong background in commercial real estate.

Qualifications

• 3-5 years commercial real estate experience required.
• Proficiency in Microsoft Excel, especially with formulas.
• Strong process improvement mindset and ability to meet deadlines.

Responsibilities

• Full cycle accounting for assigned real estate portfolio.
• Prepare monthly reporting and variance analyses.
• Assist in audits and budget preparations.

Skills

Attention to detail

Process management

Analytical skills

Education

Bachelor’s Degree in Accounting, Finance, Business Administration

Enrolment in a professional accounting designation program

CPA designation

Tools

Microsoft Excel

Yardi

Job description

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Talent Acquisition Specialist, People + Culture | Managing the Primaris REIT hiring process for all positions across Canada

Head Office - Toronto, ON

JOB TYPE

Full Time, Salary

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!

Role

Skills

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, etc.
• 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

To excel in this role, we are looking for candidates who are results driven, reliable, and flexible. If this opportunity sounds interesting to you, you likely have the following attributes:

• 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
  
  

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
• Actively support training & development opportunities for employees as well as provide regular and meaningful feedback while delegating responsibility and being comfortable working through others
  
  

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, with your resume attached please 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.

Seniority level

• Seniority level

  Not Applicable

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing and Finance

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