Description

Our client a high growth Real Estate Property Management firm based in central GTA has an immediate opening for a Senior Property Accountant. This is a the right opportunity for those looking to move to an entrepreneurial environment to fast track their career . Reporting to the Director of Finance, the Sr. Property Accountant is responsible for the following 

Accounts Receivable:

• Enter leases for new tenants (residential and commercial), update renewing tenancies
• Update and post rent rolls on a monthly basis
• Prepare invoices and statements to tenants 
• Create and transmit monthly EFT rent files to bank 
• Process receipts and record in tenant ledgers

Accounts Payable:

• Oversee the recording vendor invoices and review for accuracy
• Calculate management fees payable and related chargebacks
• Ensure accruals for recurring expenses/services and work orders are recorded

Banking/Cash Management:

• Monitor bank activity and control cash flow in multiple accounts
• Process transfer of funds between entities / intercompany transactions

General Ledger:

• Record journal entries for the operating portfolio 
• Reconcile sub-ledgers and control accounts on a monthly basis
• Complete month-end
• Record property acquisitions and/or dispositions
• Process CAM/TMI Reconciliations
• Set up new properties and entities
• Add GL accounts and create account trees when needed
• Reconcile intercompany balances on a monthly basis

HST Returns:

• Prepare and file quarterly HST returns
• Process HST payments to CRA ï‚·  Assist with HST audits

Budgets and Tenant Reconciliations:

• Prepare detailed property budgets in collaboration with Property Managers
• Integrate budgets from 3rd party managed properties
• Prepare year-end tenant reconciliations in collaboration with Property Managers (commercial properties)

Reporting:

• Prepare monthly and/or quarterly financial statements and/or reporting packages, including supporting schedules

Annual Financial Statements:

• Prepare draft annual financial statements, including detailed working papers 

Requirements

• Minimum 2 years of experience with commercial, retail and residential portfolio 
• Solid knowledge of Yardi Genesis/Voyager
• Strong analytical and excel skills
• Able to work independently with minimal supervision or as part of a team
• Comfortable to work in a fast-paced, deadline driven environment, and manage competing priorities
• Self-motivated individual with a positive attitude and strong communication and interpersonal skills