Senior Property Accountant

Pier 4 Ltd; Toronto; On-site; CAD 65,000 - 80,000; Full time

Benefits offered by this job

On-site work at 70 York Street

4-day long weekends

Gym access

Ergonomic workspace

Total rewards package

Job summary

Pier 4 Ltd in Toronto is seeking a Senior Property Accountant to manage the full accounting cycle for a diverse property portfolio and deliver insightful financial reporting.

You'll partner with Property Management and Asset Management teams, perform month-end close, recoveries, budgeting, and assist with audits. This on-site role offers a comprehensive rewards package and growth opportunities.

Qualifications

• Bachelor's degree in Accounting, Finance, Commerce or related field.
• CPA designation (or in progress) is required.
• 3-5+ years of progressive property accounting experience.
• Experience with property recoveries, tenant billings, and financial reporting.

Responsibilities

• Manage full accounting cycle for a portfolio of properties, including GL, AP/AR, and reconciliations.
• Prepare monthly, quarterly, and annual financial statements and reporting packages.
• Lead month-end close, calculations of accruals, prepaids, and allocations.
• Prepare and reconcile operating cost recoveries and tax recoveries.
• Support external audits and year-end reporting; provide variance analysis.

Skills

Property accounting

Financial reporting

Variance analysis

Excel advanced

Education

Bachelor's degree in Accounting, Finance, Commerce

Tools

Yardi

ERP/accounting systems

Job description

About Pier 4

At Pier 4, growth creates opportunity. As one of Canada’s fastest-growing real estate investment firms, we’re seeking ambitious individuals who are eager to contribute, grow their careers, and help shape our future. Pier 4 is a Real Estate Investment Trust focused on the acquisition and management of multi-family residential properties. Our portfolio spans three provinces and is driven by a passion for real estate, a commitment to excellence, and years of industry experience.

We have been recognized by The Global and Mail’s Report on Business as one of Canada’s Top Growing Companies in both 2024 and 2025 as a certified Great Place to Work®, we are committed to fostering a collaborative, high-performing, and innovative workplace where our people can thrive and contribute to our continued success.

Where Accounting Expertise Drives Real Estate Success

Take ownership of a diverse real estate portfolio and play a key role in driving financial performance for a growing organization. As a Senior Property Accountant, you'll partner with Property Management and Asset Management teams, delivering insightful financial reporting, variance analysis, recoveries, budgeting, and audit support that directly impact business decisions.

This role offers the opportunity to work on complex property account matters, lead process improvements, contribute to automation initiatives, and gain exposure to a sophisticated real estate portfolio. You'll join a collaborative team that values accountability, continuous improvement, and professional growth.

Key Responsibilities

Financial Reporting & Accounting

• Manage the full accounting cycle for an assigned portfolio of commercial and/or residential properties, including accounts payable, accounts receivable, recoveries, general ledger maintenance, journal entries, and bank reconciliations.

• Prepare and review monthly, quarterly, and annual financial statements and reporting packages.

• Complete month-end and year-end close processes, including accruals, prepaids, revenue recognition, and management of fee allocations.

• Prepare, review, and post operating cost recoveries, realty tax adjustments, and tenant billings.

• Perform detailed account reconciliations and balance sheet analyses, investigating variances, and ensuring financial accuracy.

• Analyze financial results, identify material fluctuations, and provide meaningful explanations and recommendations to management.

• Prepare budget reforecasts, variance analyses, and other financial modeling as required.

Property Accounting & Tenant Reporting

• Review lease abstracts and tenant information to ensure revenue is accurately recorded and reconciled.

• Complete annual operating cost and tax recovery reconciliations and associated tenant billings in accordance with lease requirements.

• Liaise with Property Managers regarding rent arrears, tenant charges, operating expenses, and tenant activity.

• Respond to tenant inquiries related to operating costs, recoveries, and financial reconciliation.

Audit, Compliance, and Process Improvement

• Prepare year-end audit working papers, financial statement packages, and supporting documentation for external auditors.

• Assist with interim and annual audits and address auditor inquiries in a timely manner.

• Prepare and reconcile intercompany accounts and ensure all financial records are maintained in accordance with company policies and accounting standards.

• Identify opportunities to improve processes, reporting efficiencies, and automation within financial systems.

• Support future system implementations, software migrations, and financial reporting enhancements.

• Facilitate vendor payment runs and ensure compliance with internal controls and approval processes.

• Provide guidance, training, and support to junior accounting team members as required.

• Participate in special projects and other duties as assigned.

Crucial Knowledge & Skills

• Strong understanding of property accounting principles, recoveries, lease administration, and financial reporting.

• Advanced analytical and problem-solving abilities with a proven ability to identify trends, variances, and improvement opportunities.

• Strong working knowledge of month-end close processes, accrual accounting, reconciliations, and financial statement preparation.

• Ability to interpret lease agreements and apply complex recovery calculations accurately.

• Experience managing multiple properties and deadlines within a fast-paced environment.

• Strong organizational and time-management skills with the ability to prioritize competing demands.

• Effective interpersonal skills with the ability to build relationships across Accounting, Property Management, Asset Management, and external stakeholders.

• Advanced proficiency in Microsoft Excel and Microsoft Office Suites.

• Experience with Yardi or similar property management/accounting software is highly preferred.

• Comfortable working independently with minimal supervision while exercising sound professional judgment.

• Demonstrated ability to adapt to evolving technology, automation initiatives, and process improvements.

Education/Experience Required

• Bachelor's degree in Accounting, Finance, Commerce, or related discipline.

• CPA designation (or actively pursuing completion of the CPA program) is required.

• 3-5+ years of progressive property accounting experience, preferably within commercial, mixed-use, or multi-residential real estate portfolios.

• Prior experience with property recoveries, tenant billings, financial reporting, and year-end audit preparation.

• Experience preparing financial statements and supporting external audits.

• Exposure to IFRS and real estate accounting practices is considered a strong asset

• Experience with Yardi and other ERP/accounting systems is considered an asset.

Additional Details

• Competitive Salary Range: $65,000-80,000

• Work Arrangement: Fully on-site, 5 days a week at 70 York Street, Toronto.

• Comprehensive Total Rewards Package: Competitive compensation and benefits program.

• Extended Long Weekends: Enjoy regular 4-day long weekends throughout the year on every statutory holiday.

• Fitness Benefits: Access to on-site gym facilities.

• Ergonomic Workspace: Height-adjustable sit-stand desks provided.

• Company Culture: Frequent team-building activities, social events, and employee celebrations.

Diversity, Equity, and Inclusion

At Pier 4, we believe that diverse perspectives, experiences, and backgrounds strengthen our team and drive better outcomes. We are committed to fostering an inclusive workplace where all employees feel respected, valued, and empowered to contribute their unique talents.

We are committed to ensuring a fair, accessible, and transparent recruitment process. Accommodations are available upon request throughout all stages of the hiring process for candidates who require them.

Our Hiring Commitment

We believe that hiring decisions should be based on meaningful human interactions and a thorough evaluation of each candidate’s skills, experience, and potential. As a result, artificial intelligence (AI) is not used to screen, evaluate, rank, or make hiring decisions on candidates. Applicants are reviewed by members of our hiring team to help ensure a fair, equitable, and personalized assessment process.