About the Role
The Junior Property Management Accountant leads the financial and accounting operations for our portfolio of condominium, multi-family, single-family and commercial rental properties. Working closely with property managers, the Broker and our clients, you will ensure that our records are accurate, our trust accounts are handled in compliance with Alberta requirements, and our financial reporting is delivered on time.

Key Responsibilities
Accounting Operations
- Oversee and perform bookkeeping for all client income and expenses across the portfolio
- Set up recurring charges and payments for new client ledgers, and recurring bills and payments for client expense accounts
- Process deposits and electronic fund transfers according to the monthly workflow and required timelines (within 72 hours of receipt of payments)
- Verify bank deposits and electronic fund transfers
- Manage accounts payable and receivable for all client properties and condominiums
- Process monthly management fee billing Trust Accounting and Owner Funds
- Perform or request inter-account transfers for reserve contributions, deposit withholding and similar purposes, in accordance with written instruction and signing authority approval requirements
- Process monthly and intermittent fund transfers to rental property owners by cheque or EFT, based on available funds
- Request owner contributions to cover projected monthly shortfalls
- Prepare monthly trust fund breakdowns for owner and property funds, including interest earned on security deposits
- Process monthly security deposit deductions and refunds
- Ensure trust accounting practices comply with RECA trust account provisions and the Trustee Act
- Process updates to client accounts, including changes to signing authorities and other board or client requests
- Submit account paperwork to the Broker for review and signature of approval Reconciliation, Reporting and Year-End
- Prepare and review monthly bank reconciliations for condominium and rental property accounts,



and investigate and resolve unreconciled items
- Complete financial statements within the timelines required for management meetings
- Lead year-end close: prepare year-end financials, post year-end adjustments, review statements and complete auditor’s adjustments
- Serve as the primary liaison with independent auditors throughout the audit process
- Work with property managers to compile operating and capital reserve budget drafts for client review Process Improvement
- Identify and implement improvements to accounting workflows, internal controls and month-end timelines
- Support property managers and clients by explaining financial results and answering complex accounting questions
- Maintain documentation and controls that support audits and regulatory reviews Qualifications Required
- Minimum of 3 years of progressive accounting experience, preferably in property management
- Working knowledge of trust accounting, condominium accounting and rental property accounting in Alberta
- Familiarity with RECA requirements and the Condominium Property Act (Alberta)
- Experience preparing financial statements, bank reconciliations and year-end working papers, and working with external auditors
- Proficiency in Microsoft Office (especially Excel) and accounting software Buildium
- Strong time management skills and the ability to manage multiple deadlines
- Excellent written and verbal communication skills
- Ability to work independently and as part of a team, while maintaining a high level of performance and professionalism under pressure What We’re Looking For You are comfortable with the demands of a agile, growing company. You bring a positive team attitude, take ownership of your deadlines, and are confident raising issues and suggesting better ways of doing things.

We offer
a competitive salary, health spending account, and a 72-hour bi-weekly pay schedule. Office hours are Mon-Thurs 8-4 and Friday 8-Noon. Pay: $60,000.00-$75,000.00 per year

Benefits:
- Dental care
- On-site parking
- Paid time off
- Vision care Work

Location:
In person

📌 Junior Property Management Accountant (Edmonton)
🏢 Lizotte and Associates Real Estate
📍 Edmonton