Condominium Property Accountant

Company description

Mid-size Condominium Management Company located in Toronto is seeking a full time Property Accountant reporting to the Vice-President of Finance.

Property Accountant

Mid-size Condominium Management Company located in Toronto is seeking a full time Property Accountant reporting to the Vice-President of Finance.

Responsibilities:

Full cycle AR/AP and Accounting for residential and commercial condominium industry.

Accounting Functions

Preparation of full cycle monthly financial statement package including:

-Bank Reconciliations

-Recording investments and accrued interest

-Accrual basis accounting: recording journal entries for utility, contracts, year-end accruals

-Reviewing GL/AR/AP and recording journal entries

-Monitoring budget expenditures, cash flow and reporting on variances

-Processing and recording payroll; payroll entries, wsib,

-Calculate and prepare HST remittances for Commercial condo corps as required

-Process ADP Payroll for site personnel

-Assist PM in annual budget preparation, sending out budget letters and packages

-Year end audit preparation-liaise with auditors to provide accounting docs, invoices, reports and files

-Review and input adjusting entries, forward audited f/s to PM and Board for signatures and return to auditors in timely manner in order to accommodate CRA year-end filing and AGM Schedules

Full AR functions

-Post monthly Fees, send out monthly arrears statements, filing

-Update owner & PAD info upon closings; post chargebacks, NSF's, send out owner letters and notices.

-Send Lien notices and liaise with Legal firms for collections

-Deposit cheques into system, driving to banks for deposits; prepare monthly EFT Files

-Liaison with homeowners, Property Managers, lawyers, real estate agents

Full AP Functions

-Input invoices, code, print and batch cheques for board signatures

-Download utility bills, input as PAP into system

-Liaison with contractors, vendors and Property Managers to capture all expenditures

Other Admin Functions as required

-Assist/prepare AGM Packages, PIC's, ICU, NOIC. Status Certificates etc.

-Filing, mailings, faxing, scanning, answering phone calls, etc.

Qualifications

Minimum 3 years' accounting experience; in a condo industry would be an asset.

CPA designation or working towards; or degree in Accounting/Finance

Must have vehicle to drive to banks for deposits

Skills

Microsoft office; Email, Word, Excel, Constar Condo software an asset

Excellent verbal and written communication skills

Time management, prioritizing work and the ability to meet monthly deadlines

Job Types: Full-time, Permanent

Benefits:

• Dental care
• Extended health care
• On-site parking

Schedule:

• 8 hour shift
• Monday to Friday

Experience:

• accounting: 3 years (preferred)

Work Location: In person