Commercial Property Accountant

Job Responsibility:

Avenue Living Asset Management is dedicated to sourcing, analyzing, and strategizing long-term investments. Our unique approach has led to rapid growth across North America now representing one of Canada's largest alternative asset managers. Since 2006, we have acquired over $7.5 billion in assets under management across a variety of sectors throughout Canada and the USA. Our various funds include assets in multifamily residential, self-storage, commercial, as well as agricultural land.

The strength of our platform lies in working with the right people. Acting with integrity and employing an entrepreneurial mindset, our employees work together to create an exciting, dynamic workplace. By employing an active hands-on approach to asset management, our skilled and innovative team operates closely alongside our investors. We're disciplined, we focus on value, and we're informed experts. We pride ourselves on our diverse and inclusive workplace; we are a unique workplace with unique people.

WHAT WILL YOU DO?

• Review completed leases and accurately input tenant information into Yardi.
• Collect and apply tenant payments in Yardi on a timely basis.
• Regularly review and maintain the rent roll tracker to ensure data accuracy.
• Monitor Accounts Receivable ledgers and collaborate with the Property Manager to determine necessary actions.
• Prepare and send Notices of Default as required.
• Assist with month-end accounting activities, including posting rent rolls and recurring journal entries.
• Partner with the Property Management team to coordinate the preparation of annual operating budgets, capital budgets, and ongoing budget tracking.
• Prepare annual tenant pre-billings, budgets, and Common Area Maintenance (CAM) reconciliation statements.
• Assist in processing tenant chargebacks and related billing activities.
• Prepare Rental Advice Notices (RANs) for commercial tenants; distribute tenant welcome packages and track pre-possession requirements.
• Respond promptly to tenant inquiries regarding ledger balances, payment arrangements, and other account-related questions.
• Work closely with local site staff, the Property Management group, and Leasing teams to ensure operational alignment.
• Request, collect, and maintain up-to-date records of commercial tenant insurance certificates.
• Assist with the collection of Estoppels and Subordination, Non-Disturbance, and Attornment Agreements (SNDAs) as required.
• Update and maintain property leasing brochures as necessary.
• Keep online lease listings current and accurate using RentSync, LoopNet and SpaceList.
• We are a flexible and proactive team, readily taking on additional responsibilities as business needs evolve.

WHAT WILL YOU NEED?

• 2-3 years of experience in property accounting.
• Strong knowledge of the commercial real estate industry, with a focus on understanding commercial leases.
• Proficiency in property management software; experience with Yardi is considered a significant asset.
• Intermediate proficiency in Microsoft Excel, including functions such as IF, SUMIFS, XLOOKUP, INDEX MATCH, and pivot tables.
• Demonstrated ability to manage multiple priorities, meet tight deadlines, and proactively anticipate needs in a fast-paced environment.
• Excellent interpersonal and communication skills, with the ability to collaborate effectively across cross-functional teams.

WHAT DO WE OFFER?

• We live and breathe our core values. We go the extra mile. We're honest. We always have each other's back. We have tons of integrity. And we always own it and adapt - no matter the challenge.
• With the support to do things differently, grow personally and professionally, and bring your whole self to work, there's no limit to the impact you can make.
• We provide a competitive compensation package composed of a group benefits plan, GRSP matching, and a discretionary bonus program. In addition, Avenue Living also offers an Employee Referral Program that rewards active employees for successful referrals.
• An employee centric culture with paid time off for employer supported volunteerism, maternity leave top-up, a generous awards and recognition program, discounted monthly rent in Avenue Living properties, and employee savings program through industry partnerships.
• We are committed to a strong, safe work environment.

What makes us different makes us stronger. We want Avenue Living to be a great place to work for everyone; where people feel safe, included, inspired, trusted, and supported so they can be, and bring, their best. We're committed to creating a respectful and inclusive workplace where unique perspectives, experiences, backgrounds, cultures, and attributes are valued and utilized to help achieve better results. As an organization with operations across different geographies, we celebrate the fact that our workforce is made up of people with diverse demographics. We are committed to ensuring our workplace is fair, equitable, and free of discrimination and harassment. Should you require accommodation to participate fully in the recruitment process, please email View email address on ca.edajobs.com .

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