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Hays · Toronto, Ontario, Canada

Property Accountant

mid_levelfull time$85,000 / yearPosted yesterday
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time-seriesexcel

Property Accountant

Ref: 1126553

Toronto, ON(in office role)

$85,000 + 10% Bonus

Full-Time, Permanent

Your New Company

Our client is a well-established commercial real estate owner and manager with a substantial portfolio of office and retail properties across the Greater Toronto Area. Known for its long-term approach to property ownership and commitment to operational excellence, the organization offers a stable, collaborative environment where employees are given broad exposure and opportunities for professional growth.

Your New Role

Reporting to the VP Finance, the Property Accountant will be responsible for the full-cycle accounting and financial reporting of a portfolio of commercial office and retail properties totaling approximately 550,000 square feet.

Key responsibilities include:

- Performing full-cycle accounting for a portfolio of commercial properties

- Preparing monthly financial statements, reporting packages, and supporting working papers

- Managing month-end and year-end close processes

- Completing balance sheet and bank reconciliations

- Maintaining property general ledgers and supporting budgeting and forecasting activities

- Processing tenant billings, rent charges, and tenant receipts

- Reconciling tenant accounts and resolving discrepancies

- Administering additional rent recoveries and operating cost reconciliations

- Maintaining lease information within Yardi, including amendments, renewals, and escalations

- Analyzing operating results and investigating financial variances

- Supporting audits, HST filings, and other compliance requirements

- Working closely with property management and operations teams to ensure accurate financial reporting and tenant accounting

- Assisting with process improvements and special projects as required

This is an excellent opportunity for someone seeking broad exposure to all aspects of commercial property accounting within a collaborative and growing organization.

What You'll Need to Succeed

To be considered for this role, you will possess:

- 5+ years of accounting experience, preferably within commercial real estate or property accounting

- Experience accounting for office properties

- A diploma or degree in Accounting, Finance, Business, or a related field

- Experience with Yardi Voyager or a similar property management/accounting system

- Strong Excel and financial reporting skills

- Excellent communication and interpersonal abilities

- Strong attention to detail and a high level of accountability

- A stable employment history demonstrating reliability and commitment

- The ability to work independently while contributing effectively within a team environment

- A flexible, hands-on approach and positive attitude

What You'll Get in Return

In return, you'll join a respected commercial real estate organization offering:

- Base salary of $85,000

- 10% annual performance bonus

- Company-paid benefits from day one

- Three weeks of vacation

- 37.5-hour work week

- Flexible start and finish times

- Broad exposure across property accounting, financial reporting, and commercial real estate operations

- Ongoing learning and development opportunities

- A stable and collaborative working environment

- Primarily office-based work with occasional ad hoc work-from-home flexibility

What You Need to Do Now

If you meet all the requirements for this role, please apply quoting reference number: 1126553. Thank you in advance for your interest.

This posting is for an existing vacancy with the organization.

AI may be used in the screening process for this role.

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