Senior Property Accountant
Located Downtown Toronto (in office role)
Salary between $90k – $100k plus discretionary bonus and benefits
Our client, a multifamily asset management firm, is looking for a Senior Property Accountant to join their team. The firm has an expanding portfolio of over $700 million in AUM and the overall role for this candidate will be to manage the day-to-day financial operations of a portfolio of residential properties.
Responsibilities:
- Prepare monthly, quarterly, and annual financial statements for the residential multifamily property portfolio.
- Accurately record all financial transactions, including rent collections, operating expenses, and
- capital expenditures, ensuring compliance with internal controls.
- Monitor and reconcile bank accounts, balance sheets, and general ledgers for assigned
- properties.
- Lead budgeting and forecasting processes, providing variance analysis and actionable insights
- into financial performance.
- Prepare and review detailed financial reports, including property-level profit and loss
- statements, cash flow projections, and budget comparisons.
- Coordinate the preparation and submission of year-end working papers for external auditors,
- responding to audit queries in a timely manner.
- Evaluate financial performance, identifying opportunities for optimization to improve
- profitability and operational efficiency.
- Collaborate closely with property managers, asset managers, and senior leadership to align
- financial strategies with operational goals.
- Mentor and guide junior accounting staff, fostering a collaborative and productive work
- environment.
- Assist with special projects and ad hoc reporting as assigned by senior leadership.
Qualifications
- Bachelor’s degree in Accounting, Finance, or a related field.
- CPA designation or working towards a CPA is preferred.
- Proficiency in accounting software such as Yardi, MRI, or similar property management systems.
- Advanced Microsoft Excel skills (pivot tables, v-lookups, etc.).
- Strong understanding of IFRS and Canadian GAAP accounting principles.
- Exceptional attention to detail, analytical capabilities, and ability to manage multiple priorities in a fast-paced environment.
- Bilingual skills (French and English) would be an asset.
- Ability to work independently and collaboratively with cross-functional teams.
If you are interested in applying for this opportunity, please email your resume to [email protected]. Unfortunately, due to the high volume of applicants, only those individuals chosen for interview will be contacted.