Senior Property Accountant

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

Job summary

Triovest is seeking a Senior Property Accountant in Toronto to manage the full accounting cycle for a portfolio of commercial properties. Responsibilities include preparing financial statements, conducting analyses for capital costs, and collaborating with property management teams. The ideal candidate will have a Bachelor's degree in Accounting or Finance, be working towards a CPA designation, and possess 3-5 years of related experience.

Qualifications

• Minimum 3-5 years of progressive Property Accounting experience.
• Strong understanding of CAM and Tax recovery concepts.
• Proven financial analytical skills.

Responsibilities

• Prepare and analyze financial statements for assigned portfolio.
• Collaborate with property management on budgets and forecasts.
• Conduct comprehensive analysis of capital costs.

Skills

Financial Analysis

Communication

Interpersonal Skills

Time Management

Education

Bachelor's degree in Accounting, Finance or related field

Completion of or working towards a CPA designation

Tools

Yardi

Microsoft Excel

Microsoft Word

Microsoft Outlook

Job description

Exciting News! Triovest is in the process of being acquired by Colliers solidifying Colliers position as Canadas largest commercial real estate services firm. This marks a significant milestone in our journey and presents exciting opportunities for future growth as part of a leading global organization.

We are seeking a Senior Property Accountant at our Toronto office located at 130 King St West Toronto. The successful candidate will manage the full accounting cycle for a portfolio of commercial properties including general ledger accounting preparing financial statements reviewing financial statement results preparing analysis on the assigned portfolio and providing accounting support to internal teams.

KEY RESPONSIBILITIES

• Prepare monthly quarterly and annual financial statements including income statements balance sheets and cash flow statements for assigned portfolio.
• Collaborate with property management teams to develop and maintain property budgets and forecasts tracking performance against financial goals.
• Conduct comprehensive analysis of all capital costs incurred by properties ensuring proper documentation and reporting.
• Create and distribute quarterly financial reporting packages to clients maintaining transparency and clarity.
• Identify and analyze variances between actual and budgeted financial results providing explanations and recommendations for improvement.
• Maintain accurate general ledger accounts and perform monthly reconciliations.
• Prepare monthly journal entries accounts receivable adjustments and submit monthly tax reconciliations in a timely manner.
• Prepare monthly and annual Common Area Maintenance (CAM) and Realty Tax adjustments as required.
• Review leases to ensure accurate billing and compliance with financial terms.
• Coordinate and provide support during financial audits responding to audit inquiries and ensuring compliance with industry standards and regulations.
• Collaborate with property managers to address tenant queries and financial concerns promptly and professionally.
• Prepare year-end audit working paper files with supporting schedules to facilitate the auditing process.

QUALIFICATIONS & ATTRIBUTES

• Bachelors degree in Accounting Finance or related field.
• Completion of or working towards a CPA designation.
• Minimum3-5 years of progressive Property Accounting experience in commercial real estate including a strong understanding of CAM and Tax recovery concepts and practical applications for office retail and mixed use portfolios.
• Proven financial analytical skills.
• Excellent knowledge and experience related to technology and accounting systems in a real estate environment (Yardi preferred).
• Advanced Microsoft Excel skills and proficient with Microsoft Word and Outlook.
• Excellent communication and interpersonal skills to effectively collaborate with diverse stakeholders and cross-functional teams.
• Strong interpersonal skills with the ability to deal effectively and professionally under pressure or in stressful situations.
• Excellent time management and organizational skills and the ability to manage conflicting priorities within structured deadlines and deliverables.
• Detail-oriented with a commitment to producing high-quality documentation and deliverables.
• Self-motivated and proactive in staying up-to-date with technology trends and advancements.
• Must be inclusive and supportive of the diversity within the Triovest team.

Triovest is an Equal Opportunity Employer

At Triovest we are committed to building a team and culture that embraces diversity as our strength. As Canadas top private commercial real estate firm we strive to create an inclusive workplace where everyone feels valued. Our progressive approach means were always looking for fresh perspectives and innovative ideas. Were committed to doing the right thing and living up to our core value of integrity by always following the law. Our Code of Conduct is designed to ensure legal compliance and to build trust with our clients and stakeholders. If you need accommodations we are here to helpjust let us know.

Join us and be part of a forward-thinking team thats shaping the future of commercial real estate.

LI-DNI

INDHP

Required Experience :

Senior IC

Key Skills

Invasive Cardiology,ABAP,Human Resources Administration,Inspection,Document Management,Manufacturing

Employment Type : Full-Time

Department / Functional Area : Finance

Experience : years

Vacancy : 1

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Property Accountant • Toronto, Ontario, Canada