Location: Toronto
Our client is looking for a highly motivated Manager, Property Accounting to join their Toronto team. In this role, you will lead a small accounting team, work with the property management team, and the corporate accounting team to provide timely and accurate financial reporting.
Responsibilities:
- Provide leadership to the property accounting team
- Month-end and quarter-end closing and reporting
- Review lease accounting assessment memos prepared by the accounting team, to ensure any significant free rent or deferred rent is assessed and appropriately recorded into the general ledger
- Timely and accurate preparation and communication of monthly and quarterly financial results required by Asset Management, and Corporate Accounting.
- Participate in the monthly property close documentation package
- Responsible for the monthly and quarterly reporting requirements, including cash distributions, financial results and forecasts
- Act as primary liaison between external auditors and the accounting team
- Timely and accurate submission of the property common area maintenance statements and audit supporting documents
- Track audit progress and communicate issues or delays to the Controller
- Offer guidance and assistance to the accounting team on audit deliverables as necessary
- Work with Property Management and Asset Management in preparing the annual property budget
- Prepare variance explanations and trend analysis to facilitate Corporate Accounting’s review of property budgets.
Qualifications:
- Minimum of 5 years’ experience in Property Accounting
- Must be service oriented with excellent interpersonal and communication skills, both verbal and written
- Must be a team player, polished, outgoing and diplomatic with people
- Excellent organizational skills, with the ability to manage multiple projects or tasks simultaneously are essential for this role
- Must be analytical and very detail oriented with advanced problem-solving capabilities
- Must be comfortable dealing with external auditors
- Knowledge of lease terminology and the different types of leases
- Advanced knowledge of Excel, MS Word, and Power Point
- Exposure to Yardi is considered an asset
