06 Aug
|
Group D Properties
|
Toronto
06 Aug
Group D Properties
Toronto
JOB OVERVIEW
Group D Properties owns and manages a growing portfolio of commercial properties covering 500,000+ sq ft of commercial office and retail space with 200+ tenants in Toronto’s downtown core and west end.
We are seeking a hands-on, experienced Senior Property Accountant/ Accounting Manager to own accounting operations and financial reporting, ensuring financial accuracy and compliance with internal and external standards and regulations. This position is supported by a full-time, full-cycle Property Accountant.
The ideal candidate will be mature, responsible, and qualified, with strong analytical skills. Additionally, the applicant should be organized, tech-savvy, detail-oriented, have good communication skills, and possess solid industry experience.
DUTIES AND RESPONSIBILITIES
Oversee Full Cycle Accounting: Record financial (A/R, A/P) transactions, process payroll, maintain the general ledger, and reconcile accounts to ensure accurate, audit-ready statements for all properties/entities.
CAM/TMI: Budget, allocate, and reconcile CAM/TMI, utilities, tax, and chargebacks.
Banking: Deposits, EFTs, cash management, bank recs, covenant tracking
Financial & Management reporting: Prepare monthly and annual reporting packages (P&L;, balance sheets, cash flow, rent roll, variance analysis, highlight key financial insights). Identify and correct account discrepancies and irregularities.
Budgeting, Forecasting & Analysis: Assist in budgeting process, forecast cash flow, and analyze costs to improve profitability and efficiency across real estate portfolio.
Support CAPEX planning.
Compliance: Ensure compliance with ASPE, lender reporting/ratios/covenants, and company policies. Build and enforce internal controls; flag risks.
Assurance: Act as primary liaison with external auditors and tax advisors to produce year end statements, remit taxes, disburse shareholder distributions, and issue T5 slips
Tax: Compute, prepare, and remit HST ; work with tax accountant to file and pay annual corporate tax returns
Supervision: Supervise accounting clerk and external bookkeepers
SKILLS AND QUALIFICATIONS
Education o Bachelor’s degree in accounting, finance, or related field
Experience o 5+ years experience in real estate, property management, or a related field o Strong understanding of office, retail, and/or industrial real estate operations o Knowledge of accounting principles, cash management, forecasting o Tax and audit experience
Software skills o Advanced Excel and Quickbooks skills o Experience with real-estate ERP systems (eg. Yardi, MRI)
o System implementation experience an asset
Communication skills o Strong communication, leadership, and problem-solving skills an asset o Experience working with lenders, auditors, and ownership groups an asset
Other skills o Analytical skills o Strong attention to detail o Proactive and prompt issue resolution
Pay: $95,000.00-$110,000.00 per year
Benefits
- Casual dress
- Dental care
- Extended health care
- Flexible schedule
- On-site parking
- Vision care
Work Location: In person
📌 Sr. Property Accountant / Manager (Toronto)
🏢 Group D Properties
📍 Toronto