property accountant
Posted on
September 09, 2024
by
Employer details
Terracap Management Inc
Job details
*POSITION:* Property Accountant
*DEPARTMENT:* Finance
*REPORTS TO:* Property Accounting Manager
*SALARY: *Commensurate with qualifications
*APPLICATION DEADLINE:* September 20, 2024
*LOCATION:* 100 Sheppard Ave, E., North York
*COMPANY BACKGROUND*
The Terracap Group of Companies is a private equity real estate group based in Toronto. Our diverse portfolio encompasses over 4 million square feet of real estate across North America. The portfolio includes multi-residential, mixed use, hospitality, retail, and office as well as future development lands. Terracap delivers notable value enhancement through strategic acquisitions / investments, professional property & asset management, development, construction management, leasing and related services. Terracap?s investors represent some of the top-tier business leaders and high net worth families in both Canada and the United States.
*POSITION DESCRIPTION*
The Property Accountant is responsible for full cycle accounting including preparing, analyzing, and delivering complete financial reports for a portfolio of properties.
*KEY RESPONSIBILITIES*
* Accountable for all accounting transactions associated in the preparation of financial statement packages.
* Completing the year end close with detailed variance analysis and cash flow.
* Carry out the monthly entries, GST returns, and bank reconciliations.
* Achieve the Common Area Maintenance (CAM) and tax recovery with invoices.
* Budget and reforecast of revenue, non/recoverable costs with cash flow.
* Prepare and update cash flow projections.
* Preparing, analyzing. and delivering complete financial reports quarterly with general ledger reconciliation/schedules.
* Full accounting transactions in preparation of CAM & Tax recovery accruals quarterly.
* Setting up new tenants update charges and correct lease terms as required.
* GAAP and IFRS compliance and other analysis required by management.
* Complete property accounting tasks for investors / sub investors.
* Coordinate / assist with recording pre-authorized payments.
* Prepare / assist with charge backs and invoices.
* Coordinate / assist with accounts payable and prepare cheque payments.
*QUALIFICATIONS*
*Service / Personal Skills*
* Strong interpersonal skills, including a proven ability to build relationships.
* Strong analytical and problem-solving skills.
* Excellent communication skills, both verbal and written.
* Collaborative and effective team player.
* Good judgement and decision-making skills.
* Proven multi-tasking skills with high level of attention to detail.
* Assertive self-starter with the ability to work independently under minimal supervision.
* Strong organization and time management skills.
* Ability to work under pressure, manage tight deadlines, and handle multiple demands with competing priorities.
*Experience & Technical Skills*
* Minimum of 3+ years of relevant accounting/reporting experience.
* Post-secondary education in a relevant field such as bookkeeping, accounting, finance, or business is an asset.
* Working towards a CPA designation is a bonus
* Solid understanding of accounting principles.
* Proficiency in Microsoft Office, with intermediate or greater skills using Excel, Adaptability with learning new applications.
* Working knowledge of various accounting software; Yardi Voyager is considered an asset.
* Property Management experience with commercial / retail property accounting preferred.
*CONTACT US*
If you are looking for an outstanding challenge and an opportunity to work with an exceptional Team, and you believe you fully meet or exceed the qualifications outlined above, then we want to hear from you.
Please provide a copy of your current resume as well as a covering letter explaining why you should be considered as a serious candidate for this position. Submissions must be received by September 20, 2024. _We thank all applicants for their interest but only those selected for an interview will be contacted._
Job Types: Full
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LocationNorth York, ON
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Workplace information
On site
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SalaryNot available
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Terms of employment
Permanent employmentFull time
- Start date
Starts as soon as possible
- vacancies
1 vacancy
- Source
indeed.com
#9439890406
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