Hybrid 2 days in office ( after training)What you will doResponsible 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 ASPEResponsibilitiesReportingPrepare 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 reconciliationPrepare 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 statisticsQuarterly mortgage continuity schedule and leasing schedules (lease rollover, lease expiry, vacancy)Process invoices, bank deposits, prepare bank transfers and entriesPrepare monthly HST / QST returns for filing and process payments.Process monthly / quarterly distributions to clientsCalculate quarterly true-up adjustment for Asset Management FeeCalculate, retrieve,



analyze and communicate key financial metrics (IRR, TWRR, NAV, etc.)Upload quarterly information to MSCI and compare returns to internally calculated IPD returnsBudgeting/AuditsMaintain corporate ledgers - balance sheet reconciliations and monthly accrualsAssist with the budgeting process including review property budget submission for reasonability and accuracy, including validating and inputting 3rd party managed property budgetsAssist with the year-end financial auditsAdministrationAssist in building and automating Excel templatesOther duties as well as ad hoc reporting / projects as specified by SEPAC clients and / or managementQualifications2-3 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 happeningCPA or can still be working towards their CPAStrong communication skills, they'll be presenting and dealing with clientsSelf starter, takes the initiative - not afraid to bring up changes, help improve processes

📌 Fund Accountant (Toronto)
🏢 Accounting Advantage
📍 Toronto