Canderel - Property Accountant

Reports to: Accounting Manager

Summary:

Canderel is a leading real estate company committed to fostering an inclusive and diverse work environment. We are currently seeking a talented and motivated Property Accountant to join our team. As a Property Accountant, you will be responsible for financial reporting and analysis for our diverse portfolio of properties. By joining our team, you will contribute to our mission of creating inclusive spaces where everyone feels valued and respected.

Responsibilities:

• Responsible for full accounting cycle, accounts receivable, accounts payable, cash flow, and bank reconciliation;
• Ensure all monthly financial and management reporting required for management, is delivered accurately and on a timely basis;
• Ensure all accounting records related to all properties are kept up to date within guidelines established by the company and/or its owners;
• Ensure all QST/GST/HST and other legislated taxes and assessments are reconciled and remitted on a timely basis;
• Reconcile and maintain a full understanding of all balance sheet and income statement accounts and prepare a detailed variance analysis of revenue and expenses;
• Monitor cash flows positions with special attention to monthly mortgage payments, payroll billings, management fees, property taxes, QST/GST/HST remittances, capital and leasing costs, and any other major monthly expenditure;
• Anticipate future cash deficiencies and arrange for funding (cash management).
• Determine surplus funds for distributions to owners;
• Review and post monthly rent roll;
• Review and monitor accounts receivable. Reconcile accounts receivable accounts when required. Prepare accurate tenant chargebacks on a timely basis;
• Prepare and record operating costs and realty tax adjustments monthly;
• Complete tenant additional rent calculation (based on lease type) for annual budget and calculate year-end reconciliations;
• Assist in the preparation of the annual budget and forecasts;
• Assist with the preparation and review of accounting/lease processes and procedures and recommend changes as appropriate to improve internal controls and efficiencies;
• Assist with the preparation for any audits or independent reviews in support of the auditors;
• Other duties as assigned from time to time.

Qualifications & Competencies:

• Bachelor's degree in accounting/commerce or related field required;
• 3+ years of experience in property accounting;
• Relationship Skills - Ability to communicate effectively, both oral and written in English; ability to develop and sustain cooperative working relationships; team player;
• Organizational/Multi-Task Skills - Ability to allocate time effectively, work under pressure and manage tight deadlines; ability to handle multiple demands, competing priorities, ability to work at a detailed level; willingness to learn in a dynamic environment that includes new ideas and change;
• Computer Skills – intermediate to advanced skills in Excel, Word, and other Microsoft Office programs; knowledge of Yardi an asset.