Property Accountant

Job title: Property Accountant

Company: Capreit

Job description: :Are you passionate about accounting with exceptional attention to detail, strong communication skills, and a proven track record in balance sheet reconciliation and working with Excel?Do you want to build a rewarding career in residential property management with one of the consistently recognized 50 Best Employers in Canada?If this is you, come join our team as a Property Accountant.Please note this is a hybrid position located in Toronto, ON. The successful applicant will be required to work three (3) days per week at our beautiful office located at 11 Church St, Toronto, ON.Who are we?We are a growth-oriented company that own and operate the highest quality rental communities across Canada. We offer our residents attractive, comfortable and secure homes.Our employees are essential to the success of our communities and we consider them our most valuable assets. We are proud to be an equal opportunity employer that celebrates the diversity of the communities where we live and do business. This is reflected in our industry leading levels of Employee Engagement.About the Property Accountant opportunity:The Property Accountant position serves as a key accounting resource working in partnership with the Operations team. Primary accountabilities include preparation of Regional Reporting Packages, AGI/ARI Process, Forecasting and Budgeting, CAM & Tax recoveries, pre-bills and final billings.

• Account reconciliations – includes asset & liability general ledger account reconciliations, ensure sub-ledgers reconcile with general ledger, CAM and Tax recoveries, rent roll sub-ledger reconciliation and tenant chargebacks
• Maintain monthly and year-end accounting working paper files – year-end file to include proper supporting documentation for all balance sheet accounts
• Preparation of monthly CAM & Tax recovery spreadsheets, Annual CAM & Tax Yearend billings
• Preparation of annual budget and quarterly forecasts including annual CAM & Tax Pre-bills
• Maintain proper quarterly and year end accounting working paper files.
• Review new leases, renewals, terminations and CPI increases entered in SAP
• Assist in preparation of potential AGI/ARI schedules and ensure prompt submission of eligible AGI/ARIs to the respective Residential Tenancy Boards for approval.
• Handle queries relating to portfolio from Internal staff and Auditors

What you need to succeed:

• University or College degree in Accounting or Business, enrolled in CPA program or equivalent work experience
• 3-5 years minimum relevant industry experience with full cycle accounting experience
• Strong analytical, attention to detail and problem-solving skills
• Well organized, responsible, deadline oriented, flexible and able to multi-task
• Ability to work in a cross functional environment
• Excellent communication skills, written and verbal
• Proficiency in Excel is a requirement

What’s in it for you?In this role you will be rewarded with:

• Competitive Starting Salary
• Three (3) weeks’ Paid Vacation
• Flexible Health, Dental & Vision Benefits
• Employee Savings Plan
• Employee & Family Assistance Plan
• Learning & Professional Development

Please note that applications from all interested individuals are appreciated; however, we will only contact candidates that are selected for an interview.CAPREIT values diversity in the workforce and is an equal opportunity employer.CAPREIT welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.

Expected salary:

Location: Toronto, ON

Job date: Mon, 29 Jul 2024 06:52:14 GMT

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