Property Accounting Manager

Property Accounting Manager

Toronto, ON (In- office)

$100,000- $120,000 all in

We’re partnering with a well-established real estate development firm that also owns and operates a growing portfolio of properties, seeking a Property Accountant to oversee full-cycle accounting and financial reporting across its assets.

• Oversee financial operations for a Canada-wide portfolio of family-owned commercial properties, including a mall, shopping plaza, and single-tenant retail assets
• Manage full-cycle property accounting: invoice processing, payment preparation (EFT/ACH/cheques), approvals, and all month-end and year-end journal entries and accruals
• Maintain accurate rent rolls in accordance with lease terms and ensure timely rent collection, liaising with tenants as needed
• Perform monthly bank reconciliations for all property accounts
• Prepare monthly and annual financial reporting packages including P&L, cash flow, budget vs. actuals, and variance analysis in coordination with property managers
• Calculate annual operating cost and property tax recovery estimates and reconcile recoveries to actual spend
• File and remit HST for all properties
• Prepare year-end working paper packages and account reconciliations for external accountants
• Act as the primary accounting contact for tenant and property management inquiries, including support for new leases and annual budgeting

Qualifications

• Degree or diploma in Accounting or related field
• CPA designation completed or in progress considered an asset
• Strong understanding of property accounting, revenues, and expenses
• Ability to manage deadlines, multitask, and work independently in a fast-paced environment
• Professional communication skills and a collaborative approach
• Proactive, solutions-oriented mindset with high attention to detail and integrity