Senior Property Accountant

Winchesters; Toronto; On-site; CAD 70,000 - 100,000; Full time

Job summary

Winchesters is seeking a Senior Property Accountant to join the accounting team and own a diverse portfolio of commercial, retail, and industrial properties. Reporting to the Accounting Supervisor, this role offers growth for both mid-level and senior property accountants.

The successful candidate will perform full-cycle property accounting, budgeting, and financial reporting, while collaborating with property management for collections and reconciliations. CPA is not required.

Qualifications

• 3+ years of property accounting experience.
• Experience with CAM/TAX recoveries and triple-net leases.
• Full-cycle property accounting including budgeting and year-end.
• Experience with commercial, retail, and industrial properties.
• CPA designation not required.

Responsibilities

• Complete monthly accounting and financial reporting for an assigned portfolio of properties.
• Prepare cost accruals, amortizations, depreciation, and variance analysis.
• Review property revenues and provide commentary on variances.
• Complete mortgage and loan reconciliations.
• Prepare and remit monthly HST.

Skills

Property accounting

Financial reporting

Analytical skills

Attention to detail

Communication skills

Tools

Yardi

Job description

Our client, an established property management company, is seeking a Senior Property Accountant to join their accounting team. Reporting to the Accounting Supervisor, this is an excellent opportunity for an experienced property accounting professional to take ownership of a diverse portfolio of commercial, retail, and industrial properties.

The team is open to both strong mid-level Property Accountants ready to take on greater responsibility and experienced Senior Property Accountants who can bring a strong depth of commercial property accounting knowledge to the team.

Key Responsibilities

• Complete monthly accounting and financial reporting for an assigned portfolio of properties.
• Prepare cost accruals, amortizations, depreciation, and variance analysis.
• Review property revenues and provide commentary on variances against forecasts and prior-year results.
• Complete mortgage and loan reconciliations.
• Prepare and remit monthly HST.
• Prepare and process tenant CAM/TAX recovery reconciliations and billings.
• Review tenant leases and validate recovery rules and charges.
• Prepare annual property budgets.
• Prepare year-end working papers and supporting documentation for external accountants.
• Review tenant accounts receivable and work closely with Property Managers on collections, bad debt allowances, write-offs, and adjustments.
• Set up lease commissions and other unique charges within Yardi.
• Review and support accounts payable processing for assigned properties.
• Prepare annual MPAC financial reporting requirements.
• Liaise with Property Managers and provide accounting and financial information as required.

Qualifications

• 3+ years of relevant property accounting experience.
• Experience within commercial real estate or property management is strongly preferred.
• Experience with commercial, retail, and/or industrial properties.
• Strong knowledge of CAM/TAX recoveries, triple-net leases, and tenant billings.
• Full-cycle property accounting experience, including financial reporting, budgeting, reconciliations, and year-end.
• CPA designation is not required.
• Strong analytical and problem-solving skills with excellent attention to detail.
• Ability to independently manage an assigned portfolio while collaborating with accounting and property management teams.
• Strong organizational and communication skills.

This is an excellent opportunity to join an established property management company, take ownership of a diverse commercial portfolio, and work alongside an experienced accounting team with opportunities for continued professional growth.

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