Bilingual Property Accountant

Job Description

Job Description

Salary : Who We Are

Who We Are

Centurion Asset Management Inc. is a recognized leader in the Investment and Property Management industries. Providing quality investments and housing for all its clients, our experienced team comprised of more than 280 Employees is a core component of Centurion’s success since 2003.

Centurion Apartment Real Estate Investment Trust ( REIT ) owns more than 22,000 multi-family apartment units and student housing beds across 28 cities in Canada and the United States.

Since day one, our goal has been to provide Residents and their families with clean, safe, and comfortable homes. The REIT provides investors an opportunity to invest in a diversified portfolio of rental apartments and student housing properties, as well as mortgage and equity investments in property developments, across Canada and the United States and participate in the profits derived from them.

Our Mission

Our mission is to be sought after as a leading-edge, reputable, multi-disciplinary alternative asset manager; to capitalize on opportunities in new and interesting investment strategies that meet our mission to Investors;

and to embrace change, experimentation, innovation and learning from failure to make continual improvements that drive our success and keep us ahead of our competitors.

Our Values

• Our core values can be summarized by the acronym RISE : Respect for our Investors, our Residents, Co-workers, Partners and Communities;
• Integrity in everything we do, demonstrating sincerity, honesty and the will to do it right; Simplicity free of pretension and hassle, full of value and common sense;

and Excellence in offering all our Clients and Partners exceptional products and services quality, as well as providing our Employees with an excellent workplace.

Why Employees Want to Work with Us

We provide an inclusive environment where all employees are valued and supported. Over the years, we developed a work culture where the potential of every employee is maximized, and everyone has equal opportunities for growth.

• For certain roles, we offer numerous employee perks, including : Competitive Total Rewards Packages; Comprehensive Benefits Plan including Medical, Dental, and Vision Care;
• Flexible Work Week Schedules; Vacation Policy based on Length of Service; Summer and Holiday Hours Programs; Centurion Learning Academy;
• Opportunities for Growth; Education Reimbursement Policy; Mentoring Program; Employee Referral Program; Ergonomic Workstations Equipped with Standing Desks;
• Discounted Gym Membership; Company-wide Internal Communication Platforms; Employee Volunteer Opportunities; Quarterly Townhall Meetings and Social Gatherings;

Employee Innovation Program; and Corporate Discount Card.

Overview

Reporting to the Property Controller , the Bilingual Property Accountant is responsible for preparing monthly financial reports for assigned properties and portfolios and assisting with the preparation of annual budgets as well as quarterly re-forecasts.

The Bilingual Property Accountant is accountable for the completion of month-end closings, including those for revenue, operating expenses, and capital expenses, as well as the preparation of all journal entries, in accordance with International Financial Reporting Standards.

Responsibilities

Relationship Development

Develop and foster positive relationships with internal and external stakeholders. Ensure proactive timely resolution of all co-worker and Property Manager inquiries.

Professionally and courteously handle all inquiries, feedback, complaints or concerns.

Ongoing Operations

Reconcile all bank accounts, investigating and resolving any discrepancies immediately. Initiate transfers and allocate funds by necessity daily.

Manage cash flow and complete cash flow forecasting duties. Prepare fund requests for Joint Venture Partners as authorized when required.

Work closely with Property Managers to resolve issues.

Administration and Reporting

Perform required month-end financial reporting duties, including the completion of financial reporting packages for assigned properties and portfolios, schedule reconciliation, variance analysis, and external reports for joint venture partners.

Work with the Property Managers to produce quality variance analysis on a monthly basis. Prepare and post monthly journal entries.

Post the payroll journal entry for each payroll cycle in a timely manner. Calculate property management and asset management fees.

Calculate and post all monthly accruals, including those for utilities, contract services, revenues, and expenses. File quarterly HST returns as required, ensuring compliance with all legislation, including but not limited to the Canadian Revenue Agency.

Perform monthly budget analysis and assist with annual budget preparation according to established timelines for assigned properties and portfolios.

Assist with year-end audit preparation, organizing year-end audit working papers and liaising with auditors as required.

Complete other duties as assigned.

Requirements

• Post-secondary degree / diploma in accounting or related field;
• Minimum 2 years of financial accounting experience;
• Actively pursuing a Canadian Accounting Designation (CA, CGA, or CMA) considered an asset;
• Strong command of MS Office with emphasis on MS-Excel;
• Good oral and written communication skills;
• Strong aptitude for working in a deadline-oriented environment;
• Able to work both independently and comfortably as part of a team;
• Excellent organizational skills with a strong ability to multi-task;
• Detail-oriented with attention to accuracy; able to resolve problems using facts, sound reasoning and common sense;
• Forward thinking with an ability to develop creative strategic solutions to issues;
• Strong follow-up skills with the ability to effectively resolve difficult issues in a timely manner;
• Experience in multi-residential property accounting preferred; and
• Knowledge of Yardi property management systems considered an asset.
• Fluently bilingual both written and spoken in English and in French is a requirement. An assessment will be done to ensure that the candidate meets this requirement.

Centurion Asset Management Inc. Centurion Property Associates Inc. is an inclusive and equal opportunity Employer. If you require a disability-related accommodation to participate in the recruitment process, please email us.

We will accommodate your needs under the Ontario Human Rights Code.This posting is for an existing job vacancy.