Accounting Associate - London, Canada - York Property Management

York Property Management

Verified Company

London, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

The Accounting Associate's primary responsibilities include posting payments, accounts receivable and accounts payable.

The Accounting Associate works in collaboration with the London, Ontario Head Office team and ultimately reports to the Accounting Lead and VP of Finance.

Priorities change regularly in this position and the Accounting Associate must be flexible and willing to change roles and responsibilities as required.

Primary Responsibilities

General Duties

Post the rent payment agreements in property management system
Make cheques for external or internal matters
Electronic Funds Transfers monthly reconciliations
Post statement of adjustments on new purchases on properties
Track insurance policies for properties
Reconcile intercompany due to/from accounts, mortgage balances, mortgage payments
Create wire payments as needed
Reconcile bank account transactions
Create charges on Resident ledgers
Communicate with external parties such as Vendors, Insurance Companies, Banks, Residents and other parties
Assist in HST filing
Compile and analyze financial information to prepare entries to accounts
Enter journal entries

Accounts Receivable

Oversee deposits being closed
Oversee scanned deposits
Monthly reconciliation of undeposited funds
Verify/Reconcile and post Payments received
Verify/Reconcile all third party remittances received
Assisting Controller with questions and follow up with deposits
Set up direct deposits from third parties and verification
Bank account access to see if deposits are received
Reconcile prepayments not applied, Residents with no rent charges and adjustments/ discounts not applied and reviewing adjustments made to ledgers monthly
Respond to bill or payments refunds requested/received by fax
Reconcile bill payment bank account and process daily transfer from clearing account to operating accounts
Post all returned payments (Returned Cheques and EFTs)
Process monthly EFTs on the first day of the month and off cycle, reconcile EFT accounts
Post all deposits on 1st of month for residents that are moving out

Accounts Payable

Vendor reconciliations
Solve problems regarding invoices with wrong names, missing PO's or wrong PO's,
Compare invoices with agreement terms (contracts, quotes, estimates, etc.) completion certificate verification

Other Duties as Required

Core Competencies, Skills, and Expectations
The incumbent must exhibit and demonstrate the following Core Competencies:

Accountability
Adaptability
Communication
Teamwork
Analytical Thinking

The incumbent must possess the following knowledge, skills and qualifications:

College Diploma with a focus in accounting/finance
2+ years of experience in an accounting/finance role
Windows OS Computer proficiency and the ability to learn and develop an understanding of softwares
Strong working knowledge of Excel
Strong verbal and written communication skills and the ability to produce accurate documentation
Ability to prioritize multiple assignments and tasks to meet deadlines while working in a dynamic, fast paced environment
Ability to solve problems and take initiative
Strong work ethic and positive team attitude
Ability to remain calm in stressful situations and to maintain a high level of confidentiality
Organizational skills and the ability to multitask
Experience in property management is an asset
Experience working within a corporate structure that encompasses multiple legal entities considered an asset
Ability to work independently and as part of a team
Ability to take initiative and work with mínimal supervision

York Property Management (YPM) manages 3,500+ residential apartment suites in Southwestern Ontario.

YPM offers a variety of different layouts of suites which accommodate a diverse demographic of young couples, families, students and retirees.

The company employs over 100 individuals working at head office, on site or at various properties managed by YPM.

Compensation is negotiable and will be determined upon the interview process and a benefit package will also be offered.