Reporting to the Manager, Property Accounting, this position is responsible for providing financial / accounting support to the largest and most complex portfolio(s) of properties through the maintenance and analysis of records or ledgers, preparation of financial statements and reconciliation of property accounts.

RESPONSIBILITIES:

  • Prepare and post journal entries for expense accruals, mortgage payments, etc.
  • Code and approve utility expenses and legal invoices for Accounts Payable.
  • GL coding for cheque deposits by Revenue Control.
  • Liaise with Property Manager, Asset Managers, Recovery Accountants, etc. to resolve tenant issues.
  • Coordinate between departments (ie; Tax department – interim and final tax bills, property assessment, etc; Recovery Accounting department – monthly recovery calculations, tenant disputes, etc.
  • Plan and prepare Month-End reporting periods (pre-booking journal entries, accruing revenue for management fees, etc.).
  • Review lease summaries for accuracy (ie; rates, square footage) and proper accrual of tenant revenue not set up in JDE.
  • Prepare cheque requisitions for property taxes, GST, Promo Fund, etc.
  • Bank reconciliations, GST Remittances, Revenue Forecasting, Cash Flow Statements.
  • Maintenance of Fixed Assets set up and disposal of new assets
  • Prepare management reports.
  • Prepare Month-End reporting packages.
  • Budget re-forecasting.
  • Prepare Statement of Adjustments for acquisition of properties.
  • Prepare and respond to inquiries for the interim and annual audits.
  • Annual budget preparations
  • Respond to questions regarding internal review (GROC, A/R, Percentage Rent).
  • Prepare Co-owners statements (management reports and monitor cash flow position.
  • Monthly generation, posting and review of automated expense accruals.
  • Respond to team member inquiries regarding day to day duties.
  • Provide ongoing training / assistance for team members as required.
  • Other duties / projects as assigned.

QUALIFICATION REQUIREMENTS:

  • College Diploma or University Degree in Finance or Accounting
  • 3 – 5 years previous experience in Property Accounting
  • Previous experience in preparing financial statements and working papers
  • Proficient in Word, Excel and Outlook
  • Excellent communication, customer service and problem solving skills
  • Proven organizational skills and ability to cope with changing client needs
  • Initiative and the ability to work independently and also as part of a team
  • Experience with JD Edwards is an asset