Senior Condominium Property Accountant

Our client, a condominium corporation, is seeking a Senior Condo Property Accountant / Fractional CFO to join their team on a 1-year contract . This fully remote opportunity is ideal for an experienced condominium accounting professional with extensive knowledge of property accounting, general ledger reconciliations, financial cleanup, and condominium loan accounting.

The successful candidate will take ownership of a financial remediation project, and provide ongoing financial oversight, and review the property management company’s accounting work.

Compensation & Benefits

• Compensation: $40–$45/hour, depending on experience
• 1-year contract
• Flexible weekly hours, with the possibility of full-time or part-time
• Fully remote opportunity

Key Responsibilities

• Review and assess existing financial records, general ledgers, and accounting processes to identify discrepancies, inconsistencies, and areas requiring correction
• Lead the cleanup and reconciliation of financial records
• Reconcile transactions relating to day-to-day condominium operations
• Review and correct loan-related accounting entries, arrears, outstanding balances, and owner account allocations
• Ensure loan transactions and special assessment activity are accurately recorded and properly reflected in the appropriate ledgers
• Reconcile financial records for a condominium corporation
• Establish accurate and organized financial records and implement appropriate accounting controls and processes to prevent future discrepancies
• Provide ongoing oversight and quality control of the property management company’s accounting work, independently reviewing transactions, reconciliations, and financial reporting for accuracy
• Review monthly financial statements, general ledger activity, bank reconciliations, and supporting documentation to identify potential errors or irregularities
• Monitor the financial status of the loan and provide updates on outstanding balances, repayments, arrears, and overall financial position
• Prepare and present financial updates, reconciliations, and loan status reports to the condominium board during monthly virtual board meetings
• Collaborate with the board of directors, property management company, and external auditors as required
• Provide financial guidance and recommendations to the board on accounting practices, internal controls, and financial reporting

Qualifications

• 5+ years of experience in condominium property accounting, with a strong understanding of condominium corporation financial operations
• Extensive experience with general ledger reconciliations, financial statement preparation, account cleanup, and resolving complex accounting discrepancies
• Demonstrated experience untangling accounting records, correcting historical transactions, and bringing disorganized financial records up to date
• Strong understanding of condominium budgets, operating and reserve funds, special assessments, owner accounts, arrears, and loan accounting
• Experience reviewing and overseeing the accounting work of property management companies or accounting teams
• Advanced knowledge of accounting principles, reconciliations, financial controls, and month-end processes
• Experience with Condo Manager software is considered an asset
• CPA designation is considered an asset
• Ability to work independently, exercise sound financial judgement, and take ownership of complex accounting challenges with minimal guidance
• Strong communication and presentation skills, with the ability to explain financial information and accounting discrepancies to board members and non-financial stakeholders
• Previous experience working directly with condominium boards and external auditors is considered an asset

We believe diverse teams build stronger companies, and we welcome applicants from all backgrounds, experiences, and perspectives. To be considered, applicants must be legally entitled to work in Canada, including holding any required permits. Accommodation is available upon request throughout all stages of the recruitment process.