13 Nov
|
Mainstreet Equity
|
Calgary
13 Nov
Mainstreet Equity
Calgary
Location: Calgary, AB
Salary: Competitive market wage
Other Advantages & Allowances:
- Rent Discount
- Company-paid dental, health, wellness, and vision benefits, including family coverage
- Group benefits, including AD&D;, short- and long-term disability, and life insurance, including family coverage
- Car Allowance
- Opportunity for Advancement
The Company Mainstreet Equity Corporation is a publicly traded real estate company listed on the Toronto Stock Exchange (TSX). The company focuses on the acquisition, upgrading, and management of its own portfolio of nearly 20,000 residential apartments across four provinces in Canada.
Duties and Responsibilities
- Perform monthly property accounting, including journal entries, accruals, reconciliations, variance analysis, and month-end closing.
- Review property-level GL accounts and investigate unusual transactions, coding issues, or significant budget-to-actual variances.
- Monitor renovation and job costs against approved budgets, investigate cost overruns, and ensure commitments, invoices, and accruals are properly recorded.
- Review and approve AP invoices, ensuring appropriate authorization, supporting documentation, coding, and operating versus capital classification.
- Review internal work orders and related costs for completeness, appropriate allocation, and compliance with capitalization policies.
- Review capital expenditures and apply the Company's capitalization policy consistently, including identifying potential capital versus repair and maintenance classification issues.
- Review AR-related GL accounts and EFT transactions, including tenant receivables, bad debts, write-offs, deposits, credits, and other adjustments, and follow up on unusual or aged balances.
- Assist with ongoing property expense and revenue analysis.
- Prepare balance-sheet reconciliations and supporting schedules for quarterly/year-end reporting and audit.
- Work closely with Operation, AP, AR, Construction, and Corporate Accounting to resolve accounting and operational issues.
- Review and update accounting policies, procedures, and workflows to strengthen internal controls, improve efficiency, and maintain consistent accounting practices.
- Proactively identify and escalate unusual charges, duplicate billings, budget overruns, coding errors, control gaps, and other accounting issues.
Job Requirements
- Diploma or degree in Accounting, Finance, or a related field.
- 3–5 years of accounting experience, preferably in property management or real estate.
- Experience with month-end closing, journal entries, and account reconciliations.
- Knowledge of Accounts Payable (AP), Accounts Receivable (AR), and General Ledger (GL).
- Experience reviewing invoices, expenses, and project costs.
- Knowledge of capital expenses (CAPEX) and operating expenses (OPEX).
- Strong Microsoft Excel and accounting software skills.
- Good attention to detail and problem-solving skills.
- Good communication and organizational skills.
- Ability to work independently and with other departments.
📌 Property Accountant (Calgary)
🏢 Mainstreet Equity
📍 Calgary