About the Role:
Reporting to the Accounting Manager, this role is responsible for the end-to-end financial management of a portfolio of income-producing properties, ensuring accuracy and compliance in all reporting and reconciliation processes.
What You'll Do:
- Oversee day-to-day accounting for a portfolio of commercial properties, maintaining accurate general ledger and financial records.
- Prepare monthly and quarterly financial reports with detailed variance analyses and supporting documentation.
- Perform common area maintenance (CAM) and property tax recovery calculations, including tenant statements and year-end reconciliations.
- Record lease-related billings, recoveries, and adjustments in alignment with contractual terms.
- Handle journal entries, accruals, and bank reconciliations to ensure timely and accurate reporting.
- Assist in the preparation of annual operating budgets and forecasts, providing financial insights to property and leasing teams.
- Collaborate cross-functionally to ensure financial data reflects operational performance.
- Support external audit processes by preparing schedules, reconciliations, and other required documentation.
- Monitor accounts payable and receivable for assigned properties and address discrepancies proactively.
- Contribute to ad hoc financial analyses related to portfolio performance, capital expenditures, or tenant recoveries.
- Bachelor's degree in Accounting, Finance, or Business Administration.
- 2-4 years of experience in property or real estate accounting.
- Working knowledge of CAM and property tax recoveries, lease accounting, and financial reporting principles.
- CPA designation (or progress toward it) is an asset.
- Proficiency in Excel (pivot tables, lookups) and experience with property management or accounting systems.
- Strong analytical, organizational, and problem-solving skills.
- Excellent communication and collaboration abilities, with a focus on accuracy and accountability.
This is an excellent opportunity to join a collaborative and growth-oriented team within a fast-paced real estate environment. You'll gain exposure to complex property portfolios, contribute to financial decision-making, and have opportunities for professional development and career progression.
