Hybrid 2 days in office ( after training)

What you will do
Responsible for 3 clients (2 medium and 1 large client). Each client has their own assets (varies from 1-14 assets).

Report under both IFRS and ASPE

Responsibilities

Reporting

Prepare monthly fund and property level financial reports - property income summary with variance analysis of income and expenses, accounts receivable summary with explanation of material arrears, review of property balance sheet for backup and reasonability, accumulation of leasing schedules / expiry reports, intercompany reconciliation, general ledger reconciliation

Prepare quarterly fund level financial reports — including all schedules, analysis of balance sheet, property market values fund level income, capital variance analysis as well as key leasing statistics

Quarterly mortgage continuity schedule and leasing schedules (lease rollover, lease expiry, vacancy)

Process invoices, bank deposits, prepare bank transfers and entries

Prepare monthly HST / QST returns for filing and process payments.

Process monthly / quarterly distributions to clients

Calculate quarterly true-up adjustment for Asset Management Fee

Calculate, retrieve,



analyze and communicate key financial metrics (IRR, TWRR, NAV, etc.)

Upload quarterly information to MSCI and compare returns to internally calculated IPD returns

Budgeting/Audits

Maintain corporate ledgers - balance sheet reconciliations and monthly accruals

Assist with the budgeting process including review property budget submission for reasonability and accuracy, including validating and inputting 3rd party managed property budgets

Assist with the year-end financial audits

Administration

Assist in building and automating Excel templates

Other duties as well as ad hoc reporting / projects as specified by SEPAC clients and / or management

Qualifications

2-3 years previous accounting experience (doesn't need to be fund accounting or real estate)

Solid Excel - Understands formulas, being able to use them, able to trace them back to figure out what's happening

CPA or can still be working towards their CPA

Strong communication skills, they'll be presenting and dealing with clients

Self starter, takes the initiative - not afraid to bring up changes, help improve processes

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📌 Fund Accountant (Ontario)
🏢 Accounting Advantage
📍 Ontario