Job Title: Senior Commercial Property Accountant

About the Role:

We are looking for a Senior Commercial Property Accountant to join our clients dynamic Accounting Team within their Property Management division. We are looking for a candidate with a solid background in real estate and a thorough understanding of real estate asset reporting. The ideal candidate is a proactive self-starter with a natural curiosity, thrives in a fast-paced environment, and possesses the ability to multitask and efficiently prioritize tasks while meeting deadlines. A strong sense of ownership in their work and a solid foundation in accounting and reporting are essential for success in this role. This position reports directly to the Controller.

Key Responsibilities:

• Prepare and report monthly HST
• Reconcile bank statements, mortgages, loans, and monthly journal entries
• Prepare and process annual Tenant CAM/TAX recovery reconciliations
• Investigate and validate recovery rules in tenant leases
• Verify coding and ensure accurate processing of accounts payable, obtaining authorization from property managers, and reviewing payments before submitting for management approval
• Ensure proper chargeback of utilities and other expenses to tenants
• Prepare intercompany billings for commissions, management fees, and maintenance wages
• Prepare and submit annual MPAC financial reporting requirements and vacancy rebates
• Prepare and submit quarterly financial statement surveys as required by Statistics Canada
• Prepare year-end audit working papers and liaise with auditors
• Generate various accounting reports and analyses as needed
• Prepare both audited and unaudited financial statements for internal and external stakeholders
• Prepare and review annual budgets and quarterly forecasts
• Support property management personnel with financial accounting matters
• Perform other duties as assigned by management

Qualifications:

• CPA designation is highly preferred, with 3+ years of relevant industry experience
• University degree in Business, Accounting, or a related field
• Excellent communication skills, both written and verbal, with the ability to engage effectively with all levels of the organization
• Advanced proficiency in Microsoft Excel
• Strong experience with Yardi Voyager 7S financial reporting software