Senior Property Accountant

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

Job summary

Alliedreit in Toronto is seeking a Senior Property Accountant to manage the full accounting cycle for a portfolio of commercial properties, ensuring accurate financial reporting and timely month-end close.

You will report to the Senior Manager, Property Accounting and collaborate across the organization to support property-level accounting, financial reporting and operational insights, including CAM adjustments and audit support.

Qualifications

• Bachelor's degree or college diploma in accounting or related field.
• Accounting designation or working toward one.
• 2-3 years of experience in commercial property accounting or real estate.
• Advanced MS Office skills, especially Excel and Word.
• Yardi and Joint Venture experience preferred.

Responsibilities

• Handle full monthly accounting cycle for a portfolio of commercial properties, including journal entries, bank reconciliations, and HST remittances.
• Maintain fixed asset module and prepare amortization entries.
• Prepare monthly operating costs and tax recovery estimates; manage tenant recovery setup in Yardi.
• Perform recovery calculations, analyze recovery ratios and shortfalls.
• Review financial statements, perform variance analysis and reconcile balance sheets.
• Ensure reporting deadlines are met and accounting policies followed.
• Prepare final annual operating costs, CAM adjustments and audit statements.
• Support Joint Venture cash flow analysis, management reporting and co-owner inquiries.
• Contribute to quarterly forecasts and annual budgets.
• Assist with audits, property appraisals and tax appeals as needed.
• Support ad hoc projects.

Skills

Excel

Word

Analytical skills

Time management

Team collaboration

Education

University degree or College diploma in Accounting

Tools

Yardi

Joint Venture

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,connectivityand human wellness.

Our vision is more expansive. Weseekto make a continuous contribution to cities and culture that elevates and inspires the humanity in all of us.Thisvision informs how weoperate, how wedesignand how welead.

Real estate, for us,is not a passive investment. Itis a profoundly human endeavour,one that must promote wellness, sustainability,diversityand 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,tangibleand enduring-work that contributes meaningfully to cities and the people who inhabit them,you will find purpose here.

For more information onAllied’sapproach to city-building, visit our Insights page.

Purpose

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

Allieddeterminesindividual compensationby work location and other factors, including relevant experience,educationand internal equity.

Note: The listed salary range does not reflect total compensation and rewards.

This role is a current vacancy on the Allied team.

TotalRewards*andtheEmployee Experience

At Allied, total rewards are designed with the same perspective that shapes ouroperations. They are intended to support sustained contribution,creativityand 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 offIn addition to vacation, employees receive six personal days and half-daysbefore statutory holidays. Allied supports flexibility whilemaintaininga strong,in-personculture. This reflectshow we collaborate most effectively and how weoperateas a business.

• Health,wellbeingand support
  Comprehensive, company-paidhealth benefits include vision and dental coverage, along with a healthcare spending account. An employeeassistanceprogram 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 acrossdisciplinesand 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 workEach 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,

Moreinsight into life at Allied, including ourESG and EDIinitiatives, canbe found inour 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 confirmwhat benefits you qualify for during the recruitment process.

Additional Information

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

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

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