POSITION OVERVIEW:
This role is located at our Lawrence Allen Centre location. Reporting to the Manager, Property Accounting, this position provides financial / accounting assistance to the largest and most complex portfolio(s) of properties through the maintenance and analysis of records or ledgers, preparation of financial statements and reconciliation of property accounts.
RESPONSIBILITIES:
- Prepare and post journal entries for expense accruals, mortgage payments, etc;
- Code and approve utility expenses and legal invoices for Accounts Payable;
- GL coding for cheque deposits by Revenue Control;
- Liaise with Property Manager, Asset Managers, Recovery Accountants, etc. to resolve tenant issues;
- Coordinate between departments (ie; Tax department – interim and final tax bills, property assessment, etc; Recovery Accounting department – monthly recovery calculations, tenant disputes, etc;
- Plan and prepare Month-End reporting periods (pre-booking journal entries, accruing revenue for management fees, etc.);
- Review lease summaries for accuracy (ie; rates, square footage) and proper accrual of tenant revenue not set up in Yardi;
- Prepare cheque requisitions for property taxes, GST, Promo Fund, etc;
- Bank reconciliations, GST Remittances, Revenue Forecasting, Cash Flow Statements;
- Maintenance of Fixed Assets set up and disposal of new assets;
- Prepare management reports;
- Prepare Month-End reporting packages;
- Budget re-forecasting;
- Prepare Statement of Adjustments for acquisition of properties;
- Prepare and respond to inquiries for the interim and annual audits;
- Annual budget preparations;
- Respond to questions regarding internal review (GROC, A/R, Percentage Rent);
- Prepare Co-owners statements (management reports and monitor cash flow position;
- Monthly generation, posting and review of automated expense accruals;
- Respond to team member inquiries regarding day to day duties;
- Provide ongoing training / assistance for team members as required;
- Other duties / projects as assigned.
QUALIFICATIONS:
- College Diploma or University Degree in Finance or Accounting;
- 3 – 5 years’ previous experience in Property Accounting;
- Previous experience in preparing financial statements and working papers;
- Experience with Yardi is an asset;
- Proficient in Word, Excel and Outlook;
- Excellent communication, customer service and problem solving skills;
- Proven organizational skills and ability to cope with changing client needs.