We are looking for a Senior Property Accountant to join a real estate organization in Scarborough, Ontario on a Contract basis.

This role supports the financial oversight of a sizeable portfolio of commercial and residential properties by producing accurate reporting, maintaining solid accounting processes, and contributing to budgeting and forecasting activities.

The successful candidate will work closely with property management and finance teams to ensure lease-related billings, recoveries, reconciliations, and cash flow reporting are handled with accuracy and timeliness.

Responsibilities: • Lead month-end, quarter-end, and year-end accounting activities, including reviewing journal entries, accruals, prepaid expenses, and general ledger balances to ensure records are complete and properly classified. • Prepare regular financial reports and quarterly analyses that highlight property performance, net operating income, budget-to-actual results, and notable fluctuations across the portfolio. • Reconcile bank accounts, receivables, payables, and intercompany balances on a recurring basis, and investigate discrepancies to maintain reliable financial information. • Maintain detailed continuity schedules for capital projects,



fixed assets, depreciation, tenant inducements, and leasing-related costs in accordance with established accounting policies. • Validate rent rolls against lease documentation, billing records, and accounting data to confirm rent changes, key lease dates, incentives, deposits, and other tenant charges are reflected correctly. • Calculate and reconcile recoverable operating costs, including common area expenses, taxes, maintenance, insurance, and related tenant billings, based on lease terms and approved allocation methods. • Prepare cash flow reports and short-term forecasts by monitoring collections, payments, arrears, and upcoming funding requirements, escalating concerns when needed. • Support the development of annual budgets and periodic forecasts by partnering with finance and property operations teams to assess revenues, vacancies, expenses, recoveries, and capital plans. • Review accounts payable and accounts receivable activity, assist with collection follow-up, and ensure financial transactions are supported by appropriate documentation and approvals.sENIOR

📌 Property Accountant (Scarborough)
🏢 Robert Half
📍 Scarborough