Totem is managing a search for a Senior Property Accountant on behalf of our real estate client in Vaughan, ON.

About the Company:



This leading development and property management firm boasts a diverse portfolio exceeding 16 million square feet across industrial, retail, and office spaces.

Position Summary:



Leveraging your accounting expertise, you'll analyse financial data, prepare comprehensive reports, and contribute to the organization's financial success.

Key Responsibilities:


- Prepare year-end financial data for external audits and address any inquiries.

- Create quarterly financial statements and covenant calculations for lenders.

- Reconcile income tax accounts to interim statements and official assessments.

- Handle stub period income calculations.

- Manage common area maintenance (CAM) and realty tax (RT) reconciliations.

- Develop and implement utility charge-back systems for high-usage tenants.

- Analyze lease agreements, ensuring accurate operating expense recovery.

- Address tenant inquiries regarding CAM and RT invoices.

- Collaborate with realty tax consultants on tax bills and tenant allocations.

- Record year-end audit entries, validate final financial statements, and deliver them to owners/partners.

- Uphold all company, client, and regulatory safety policies and procedures.

- Perform additional duties and projects as assigned.


Minimum Qualifications:


- 3+ years of experience in property management accounting with a focus on ASPE application.

- Proficient use of Yardi Voyager and advanced Excel skills.

- Proven track record in preparing financial reports for external audits, quarterly statements for lenders, and reconciling income tax accounts.


- Strong written and verbal communication skills demonstrated in a professional accounting environment.


Preferred Qualifications:


- Professional accounting designation (CPA, CA, CGA, CMA, CFA).

- University degree in a relevant field.

- In-depth knowledge of relevant federal, provincial, and municipal reporting requirements.



Intrigued by this position and think you might be a good fit? Contact Tim Dunn at t.dunn@totemtalent.ca to explore further.