Intermediate Property Accountant

Intermediate Property Accountant

1 York | Toronto, ON

Who We Are : BGO is a leading, global real estate investment management advisor and a globally-recognized provider of real estate services. BGO serves the interests of more than 750 institutional clients with expertise in the asset management of office, industrial, multi-residential, retail and hospitality property across the globe. BGO has offices in 28 cities across twelve countries with deep, local knowledge, experience, and extensive networks in the regions where we invest in and manage real estate assets on behalf of our clients in primary, secondary and co-investment markets. BGO is a part of SLC Management, which is the institutional alternatives and traditional asset management business of Sun Life.

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BGO promotes a corporate culture that attracts and retains the highest caliber people. We encourage opportunities for growth, development, and promotion by providing our employees with the resources to work effectively and continually strive to perform better. We are committed to a safe and sustainable work environment.

The Opportunity : The Property Accountant is responsible for adding value to BGO staff and clients by providing accurate and timely financial information that helps them to better manage their properties and budgets, make timely decisions, provide meaningful financial reports, and monitor and control cash flows.

What You Will Do :

• Handle full-cycle accounting for a portfolio of residential and mixed-use properties.
• Produce monthly Financial Statements according to IFRS / ASPE or as specified by client policy / requirements.
• Provide supplementary reporting as required by the client.
• Utilize budgets and other tools to analyze variances.
• Reconcile, analyze, and understand all Balance Sheet accounts.
• Prepare and record operating costs and realty tax adjustments monthly.
• Ensure all HST, GST, QST and other legislated taxes and assessments are reconciled and remitted on a timely basis.
• Monitor cash flows positions with special attention to monthly mortgage payments, payroll billings, management fees, property taxes, Tax remittances, capital and leasing costs, and any other major monthly expenditure.
• Determine surplus funds for distributions to owners.
• Support site in reconciliation and invoicing of tenants as due
• Supply tenant analysis and statements of accounts as required.
• Complete year end operating cost adjustments and tenant billings for assigned properties within 90 days of operating yearend.
• Prepare property budgets within assigned deadlines.
• Provide input / feedback for improving procedures and initiating quality and efficiency enhancements.
• Provide accurate and timely financial information as required internally by management and other departments, and externally to the client.
• Have full involvement, responsibility, and accountability for their portfolio, which includes all monthly, annual, and other duties as detailed in the job responsibilities.
• Utilize and develop skills such as problem solving, decision making, time management, effective communication, and delegation to achieve the desired results.
• Communicate efficiently and effectively, in a professional manner, with all BentallGreenOak employees and clients.
• Assist in covering for vacation and absenteeism.
• Other duties as assigned from time to time.
• Embrace and proactively support BGO's culture of environmental responsibility and social responsibility.

Who You Are :

At BGO, we recognize that each employee’s unique experiences, perspectives, and viewpoints strengthen our ability to create and deliver the best value to our clients, partners and stakeholders / investors and therefore we strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientations and life experiences to apply.