Senior Property Accountant

Vaco; Toronto; On-site; CAD 65,000 - 90,000; Full time

Job summary

Vaco by Highspring is seeking a Property Accountant for a 12-month contract in the Greater Toronto Area. You will own the property financial reporting, analyze NOI and CAPEX, and manage full-cycle property accounting including reconciliations and accruals.

Leases, recoveries, and budgeting support are key parts of the role. The ideal candidate has 2+ years of commercial property accounting, with Yardi experience and strong Excel skills.

Qualifications

• 2+ years of commercial property accounting experience, preferably retail.
• CPA designation is an asset but not required.

Responsibilities

• Own property financial reporting by preparing monthly and quarterly statements.
• Perform NOI, CAPEX, variances and balance sheet analysis for portfolio insights.
• Manage full-cycle property accounting including reconciliations and accruals.
• Review leases and ensure setups, rent schedules and recoveries align with terms.
• Oversee tenant recoveries and operating cost recoveries using Yardi.
• Support budgeting, annual budgets and reforecasts for properties.
• Coordinate audits and respond to tenant inquiries with documentation.
• Monitor capital and leasing projects; ensure accurate job costs and forecasts.
• Support acquisitions/dispositions; post-closing adjustments and cleanup.

Skills

Advanced Excel

Yardi experience

Analytical thinking

Organizational skills

Deadline-driven

Education

CPA designation (asset)

Tools

Yardi

Job description

Our client is sourcing a Property Accountant for a 12-month contract.

About the Opportunity

• Own property financial reporting by preparing monthly and quarterly financial statements for a portfolio of commercial properties.
• Perform financial analysis on NOI, CAPEX, variances, and balance sheet accounts, providing meaningful business insights rather than simply reporting numbers.
• Manage full-cycle property accounting, including reconciliations, accruals, cash flow monitoring, HST reconciliations, and balance sheet reviews.
• Review and administer leases, ensuring lease setups, rent schedules, recoveries, deposits, tenant improvements, and accounting treatments align with lease terms.
• Oversee tenant recoveries using Yardi, including operating cost recoveries, property tax recoveries, billings, estimates, and annual adjustments.
• Support budgeting and forecasting, preparing annual budgets and periodic reforecasts for assigned properties.
• Coordinate audits and tenant inquiries, including audit file preparation, supporting documentation, and dispute resolution support.
• Monitor capital and leasing projects, ensuring job costs, forecasts, and statuses are accurate and current.
• Support acquisitions and dispositions, including post-closing adjustments and cleanup of accounting records.
• Collaborate across departments, providing financial analysis, reconciliations, reporting, and process improvement recommendations.

About You

• 2+ years of commercial property accounting experience, ideally with retail property exposure.
• CPA or pursing the CPA designation is an asset but not required
• Strong analytical thinker who can identify issues, explain variances, and solve problems independently.
• Highly organized and deadline-driven, able to manage multiple priorities in a fast-paced environment.
• Advanced Excel skills with experience in Yardi considered a strong asset.

This position for employment is for a current vacancy with Highspring’s client. You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.

Vaco by Highspring values a diverse workplace and strongly encourages women, people of colour, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply. The company is also committed to ensuring that persons who need them are provided with reasonable accommodations; if one is needed to participate in the job application or interview process.

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to: the individual’s skill sets, experience and training; licensure and certification requirements; office location and other geographic considerations; other business and organizational needs.

• the individual’s skill sets, experience and training;
• licensure and certification requirements;
• office location and other geographic considerations;
• other business and organizational needs.

Having said that Vaco by Highspring believes that the salary range referenced reasonably estimates the base compensation for an individual hired into this position. The individual may also be eligible for discretionary bonuses and/or participation in medical, dental, and vision benefits as well as the company’s retirement plan (or similar retirement benefits).