Property Accountant

· Reports to the Chief Financial Officer (reporting functions and budgets)

Position Summary The Property Accountant handles a portion of the accounts receivable function and prepares, and provides some analysis of, financial reporting for the company's properties and their owners and investors. The role requires attention to detail, accurate keyboarding, research and analytical skills, and the ability to handle a large volume of transactions on a daily basis. It also requires the ability to multi-task, good time management, and effective verbal and written communication skills.

Responsibilities

Tenant Accounting and Lease Administration

· Prepare tenant reconciliations of operating costs and property taxes, including the ledgers and statements that accompany them.

· Review and input lease details and new tenants into Yardi, and set up recoveries as per the Lease, Agreement to Lease, Renewal Documents and other tenant agreements.

· Assist in the preparation of annual budgets and calculate cost recoveries from tenants.

· Respond to tenant inquiries regarding account status, application of credits, payments, reconciliations and budgets.

· Help ensure accurate billing of all operating costs, taxes and rents to tenants, including covering for the AR administrator when they are away.

Owner and Financial Reporting

· Prepare monthly, quarterly and other periodic reports and distributions (including zero distributions) for property owners and the co-tenants of the properties and maintain ownership information in Yardi.





· Prepare year-end accruals and account reconciliations to support review engagements and assist with the preparation of financial statements.

· Prepare ad-hoc and other financial reports as necessary.

General Ledger and Banking

· Perform monthly bank reconciliations, reconciling bank accounts to general ledger accounts.

· Post journal entries and reconcile accounts.

· Post monthly recurring payables in Yardi.

· Record mortgage entries and maintain financial records on mortgage balances.

Investor Relations Support

· Prepare investor distributions and summary reports.

· Handle investor correspondence and respond to or forward investor enquiries received through the investor email inbox.

· Support the administration of Co-Tenancy Agreements.

· Assist with the renewal of LP agreements with the Province of Ontario.

Other

· Perform other duties as specified.

Skills and Systems

· Working knowledge of Yardi (property management software), Payscan and related workflows.

· Solid attention to detail and accurate data entry.

· Research and analytical skills.

· Ability to manage a high volume of daily transactions, multi-task and manage time effectively.

· Effective verbal and written communication skills.

. Proficiency in MS Office Suite

Pay: $60,000.00-$75,000.00 per year

Benefits

- Company events
- Dental care
- Disability insurance
- Employee assistance program
- Extended health care
- Life insurance
- Paid time off
- Wellness program

Education:
- DCS / DEC (preferred)

Experience:
- Accounting/Bookkeeping: 3 years (preferred)
- Real Estate/Property Management: 2 years (preferred)

Language:
- English (required)

Location:
- Ottawa, ON K2P 1R3 (preferred)

Work Location: In person

📌 Property Accountant (Ottawa)
🏢 The Properties Group
📍 Ottawa