Senior Accountant

Job Summary

Description: Responsible for full-cycle accounting for a portfolio of 10–12 commercial and residential real estate assets, including general ledger maintenance, month-end close, and financial reporting. Prepare comprehensive monthly reporting packages and perform detailed variance analysis to identify trends and operational drivers. Support the annual budget and forecast process in collaboration with asset management and operations teams. Ensure compliance with GAAP, internal controls, and company reporting standards.

Essential Duties and Responsibilities

May include but not be limited to the following:

• Prepare monthly journal entries, including month-end accruals.
• Ensure expenditures are appropriately expensed or capitalized in accordance with Company policy.
• Prepare variance explanations for monthly Board of Directors reporting.
• Review commercial lease setup for completeness.
• Reconcile and analyze trial balance, including review of general ledger transactions.
• Prepare monthly, quarterly, and annual consolidated reconciliations and reports such as fixed asset roll forward schedules.
• Upload and review 3rd party managed financials.
• Prepare property financial statements.
• Prepare reports for quarterly Board of Directors reporting.
• Responsible for partnership reporting, if asset is owned by a partnership.
• Responsible for budgeting certain financial information and providing guidance to operations to ensure that other information is budgeted to proper accounts.
• Prepare debt compliance requirements for lenders and authorities.
• Review and post commercial receipts.
• Process residential and commercial tenant corrections and adjustments.
• Code non-tenant cash receipts.
• Prepare annual tax and audit packages and respond to auditor requests.
• File Business Property Statements – 571L for assigned properties.
• File Business license for assigned properties.
• Assist in implementing new accounting processes and streamlining existing processes.
• Provide documentation for management and regulatory authorities.
• Interact, as necessary, with operational department on budgeting, account analysis, accounting, lease administration, reporting and process improvements.

Please note, list of duties and responsibilities may change.

All qualifications must comply with provincial human rights legislation.

Qualifications include:

Education

• Accounting Degree.

Work Experience

• Minimum 3 years of experience
• Commercial property accounting experience preferred.
• Public accounting experience a plus.

Specialized Knowledge

• Professional license (i.e. CPA) a plus.
• Working knowledge of applicable accounting guidance a plus.
• Able to work proficiently in various computer software applications.
• Advanced excel skills a plus.
• Experience with Yardi a plus.

Skills and Abilities

• Able to evaluate facts and consider appropriate courses of action.
• Must have credibility, a strong ethical foundation and clean financial history.
• Excellent written and verbal skills.
• Good interpersonal communication skills that can effectively communicate thoughts, ideas, concepts with credibility and confidence.
• Good work ethic and integrity.
• Must be able to multi-task and prioritize working with multiple deadlines.
• Requires a high level of initiative, organizational and time management skills.

Working Conditions

Primarily requires sitting at workstation or desk. Repetitive upper body motion, open office environment, soft and hard surface flooring. Telephone and computer usage required. Good audio capacity. Contact with general office equipment, including copiers and computers.

May require occasional overtime based on business demands and accounting cycle deadlines.

Physical Requirements

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit, stand, walk, carry, grasp, reach, stoop, crouch, bend, kneel, lift, talk and hear. The employee frequently is required to use hands to handle, or feel and reach with hands and arms. The employee is required to stand and walk extensively. Good audio capacity. While performing duties, the employee is regularly required to talk and hear.