Property Accountant
$85k per yearHays
Property Accountant
Ref: 1126553
Toronto, ON(in office role)
$85,000 + 10% Bonus
Full-Time, Permanent
Your New Company
Our client is a well-established commercial real estate owner and manager with a substantial portfolio of office and retail properties across the Greater Toronto Area. Known for its long-term approach to property ownership and commitment to operational excellence, the organization offers a stable, collaborative environment where employees are given broad exposure and opportunities for professional growth.
Your New Role
Reporting to the VP Finance, the Property Accountant will be responsible for the full-cycle accounting and financial reporting of a portfolio of commercial office and retail properties totaling approximately 550,000 square feet.
Key responsibilities include:
- Performing full-cycle accounting for a portfolio of commercial properties
- Preparing monthly financial statements, reporting packages, and supporting working papers
- Managing month-end and year-end close processes
- Completing balance sheet and bank reconciliations
- Maintaining property general ledgers and supporting budgeting and forecasting activities
- Processing tenant billings, rent charges, and tenant receipts
- Reconciling tenant accounts and resolving discrepancies
- Administering additional rent recoveries and operating cost reconciliations
- Maintaining lease information within Yardi, including amendments, renewals, and escalations
- Analyzing operating results and investigating financial variances
- Supporting audits, HST filings, and other compliance requirements
- Working closely with property management and operations teams to ensure accurate financial reporting and tenant accounting
- Assisting with process improvements and special projects as required
This is an excellent opportunity for someone seeking broad exposure to all aspects of commercial property accounting within a collaborative and growing organization.
What You'll Need to Succeed
To be considered for this role, you will possess:
- 5+ years of accounting experience, preferably within commercial real estate or property accounting
- Experience accounting for office properties
- A diploma or degree in Accounting, Finance, Business, or a related field
- Experience with Yardi Voyager or a similar property management/accounting system
- Strong Excel and financial reporting skills
- Excellent communication and interpersonal abilities
- Strong attention to detail and a high level of accountability
- A stable employment history demonstrating reliability and commitment
- The ability to work independently while contributing effectively within a team environment
- A flexible, hands-on approach and positive attitude
What You'll Get in Return
In return, you'll join a respected commercial real estate organization offering:
- Base salary of $85,000
- 10% annual performance bonus
- Company-paid benefits from day one
- Three weeks of vacation
- 37.5-hour work week
- Flexible start and finish times
- Broad exposure across property accounting, financial reporting, and commercial real estate operations
- Ongoing learning and development opportunities
- A stable and collaborative working environment
- Primarily office-based work with occasional ad hoc work-from-home flexibility
What You Need to Do Now
If you meet all the requirements for this role, please apply quoting reference number: 1126553. Thank you in advance for your interest.
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