Totem is managing a search for a Senior Property Accountant on behalf of our real estate client in Vaughan, ON.
About the Company :
This leading development and property management firm boasts a diverse portfolio exceeding 16 million square feet across industrial, retail, and office spaces.
Position Summary :
Leveraging your accounting expertise, you'll analyse financial data, prepare comprehensive reports, and contribute to the organization's financial success.
Key Responsibilities :
- Prepare year-end financial data for external audits and address any inquiries.
- Create quarterly financial statements and covenant calculations for lenders.
- Reconcile income tax accounts to interim statements and official assessments.
- Handle stub period income calculations.
- Manage common area maintenance (CAM) and realty tax (RT) reconciliations.
- Develop and implement utility charge-back systems for high-usage tenants.
- Analyze lease agreements, ensuring accurate operating expense recovery.
- Address tenant inquiries regarding CAM and RT invoices.
- Collaborate with realty tax consultants on tax bills and tenant allocations.
- Record year-end audit entries, validate final financial statements, and deliver them to owners / partners.
- Uphold all company, client, and regulatory safety policies and procedures.
- Perform additional duties and projects as assigned.
Minimum Qualifications :
- 3+ years of experience in property management accounting with a focus on ASPE application.
- Proficient use of Yardi Voyager and advanced Excel skills.
- Proven track record in preparing financial reports for external audits, quarterly statements for lenders, and reconciling income tax accounts.
- Experience analyzing lease agreements, managing CAM & RT reconciliations, and collaborating with realty tax consultants.
- Strong written and verbal communication skills demonstrated in a professional accounting environment.
Preferred Qualifications :
- Professional accounting designation (CPA, CA, CGA, CMA, CFA).
- University degree in a relevant field.
- In-depth knowledge of relevant federal, provincial, and municipal reporting requirements.
Intrigued by this position and think you might be a good fit? Contact Tim Dunn at to explore further.
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