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    Property Accountant - Toronto, Canada - Triovest

    Triovest
    Triovest Toronto, Canada

    2 weeks ago

    Default job background
    Full time
    Description

    Join Triovest, one of the largest privately-owned Canadian commercial real estate companies, as an Intermediate Property Accountant at 130 King Street West, Toronto. As a Property Accountant, you will manage the full accounting cycle for a portfolio of commercial properties including general ledger accounting, preparing financial statements, reviewing financial statement results, preparing analysis on the assigned portfolio and providing accounting support to internal teams.

    KEY RESPONSIBILITIES

  • Prepare monthly, quarterly, and annual financial statements, including income statements, balance sheets, and cash flow statements, for assigned portfolio.
  • Collaborate with property management teams to develop and maintain property budgets and forecasts, tracking performance against financial goals.
  • Conduct comprehensive analysis of all capital costs incurred by properties, ensuring proper documentation and reporting.
  • Create and distribute quarterly financial reporting packages to clients, maintaining transparency and clarity.
  • Identify and analyze variances between actual and budgeted financial results, providing explanations and recommendations for improvement.
  • Maintain accurate general ledger accounts and perform monthly reconciliations.
  • Prepare monthly journal entries, accounts receivable adjustments, and submit monthly tax reconciliations in a timely manner.
  • Prepare annual Common Area Maintenance (CAM) and Realty Tax adjustments as required.
  • Review leases to ensure accurate billing and compliance with financial terms.
  • Coordinate and provide support during financial audits, responding to audit inquiries and ensuring compliance with industry standards and regulations.
  • Collaborate with property managers to address tenant queries and financial concerns promptly and professionally.
  • Maintain organized year-end working paper files, including the preparation of CAM and Realty Tax adjustments.
  • Prepare year-end audit working paper files with supporting schedules to facilitate the auditing process.

    • QUALIFICATIONS & ATTRIBUTES

  • Bachelor's degree in Accounting, Finance, or related field.
  • Completion of or working towards a CPA designation.
  • Minimum 2 years of experience in Property Accounting in commercial real estate.
  • Proven financial analytical skills.
  • Excellent knowledge and experience related to technology and accounting systems in a real estate environment (Yardi preferred).
  • Advanced Microsoft Excel skills and proficient with Microsoft Word and Outlook.
  • Excellent communication and interpersonal skills to effectively collaborate with diverse stakeholders and cross-functional teams.
  • Strong interpersonal skills with the ability to deal effectively and professionally under pressure or in stressful situations.
  • Excellent time management and organizational skills and the ability to manage conflicting priorities within structured deadlines and deliverables.
  • Detail-oriented with a commitment to producing high-quality documentation and deliverables.
  • Self-motivated and proactive in staying up-to-date with technology trends and advancements.
  • Must be inclusive and supportive of the diversity within the Triovest team.

    • Triovest is an Equal Opportunity Employer

    We are committed to creating a culture of equity, diversity, and inclusion, including fostering a safe and respectful environment that allows for diverse perspectives—a work environment in which all employees are valued and have an equal opportunity to achieve success.

    Applicants who meet the qualifications will be given fair consideration for employment, free from any form of discrimination based on protected grounds.

    We are committed to providing reasonable accommodations throughout the recruitment process and while working at Triovest. If you require support applying online because you are a person with a disability, please email us at.

    #LI-DNI

    # INDHP

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