Senior Property Accountant

Our client a prominent player in the commercial real estate industry with an outstanding portfolio of properties across the Greater Toronto Area (GTA) is seeking a highly skilled and experienced Senior Property Accountant to join their dynamic team. If you are a detail-oriented accounting professional with a proven track record in commercial real estate accounting and proficiency in Yardi software, this is an excellent opportunity for you to advance your career with a leading organization.

Position Overview:

As a Senior Property Accountant, you will be responsible for overseeing the financial operations of a diverse portfolio of commercial properties within the GTA. Your role will involve ensuring accurate financial reporting, compliance with accounting standards, and collaborating with cross-functional teams to support the company's financial objectives.

Roles and Responsibilities:

• Financial Reporting: Prepare monthly, quarterly, and annual financial statements for commercial properties, including income statements, balance sheets, and cash flow statements.

• Account Reconciliation: Conduct detailed account reconciliations, including bank accounts, rent rolls, and general ledger accounts.

• Budgeting and Forecasting: Assist in the development and monitoring of property budgets and forecasts, ensuring alignment with financial goals.

• Yardi Software: Utilize Yardi software to maintain property accounting records, track expenses, and generate reports.

• Tenant Billing: Handle tenant billing and rent collection processes, addressing inquiries and resolving discrepancies.

• Audit and Compliance: Facilitate property audits, ensuring compliance with accounting standards, regulations, and internal policies.

• Financial Analysis: Perform financial analysis, variance analysis, and provide insights to support decision-making.

• Process Improvement: Identify opportunities for process enhancements and contribute to the continuous improvement of accounting procedures.

Qualifications and Skills:

• Minimum of 3 years of property accounting experience in the commercial real estate sector.
• Proficiency in Yardi software is required.
• Strong knowledge of Generally Accepted Accounting Principles (GAAP).
• Excellent attention to detail and accuracy in financial reporting.
• Effective communication skills, both written and verbal.
• Ability to work independently and as part of a collaborative team.

Education

• Bachelor's degree in Accounting, Finance, or a related field.

Nice-to-Haves

• CPA designation or progress towards it is an asset.

Benefits:

• Competitive salary commensurate with experience.
• Comprehensive benefits package, including health, dental, and retirement plans.
• Generous 3 weeks vacation, sick days etc.
• Discretionary performance-based bonus.
• Opportunities for career growth and development in a thriving industry.

If you are a dedicated Senior Property Accountant with a passion for real estate finance, we invite you to apply and become a valuable part of a dynamic team. Your expertise will play a crucial role in supporting the continued success in the commercial real estate sector.

How to Apply:
To apply for this position, please apply on the website directly with your resume outlining your relevant experience and qualifications or send me your resume at harpreet.bhullar@altis.com for immediate consideration. We thank all applicants for their interest in this opportunity; however, only candidates selected for an interview will be contacted.