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COMMERCIAL PROPERTY ACCOUNTANT

TORONTO, ON

Type: RE-Real Estate & Property Job Number: 14822

COMMERCIAL PROPERTY ACCOUNTANT with five years of hands on property accounting experience required for successful and well recognized real estate investment company to account for a  portfolio of retail and commercial properties.  

Responsibilities to include but not limited to:
  • Ensure all monthly financial and management reporting required for project partners/co-owners, related to certain properties, is delivered accurately and on a timely basis;
  • Ensure all accounting records related to all properties are kept up to date within guidelines established by generally accepted accounting principles and by the company and/or its partners/co-owners;
  • Reconcile and maintain a full understanding of all balance sheet and income statement accounts and prepare a detailed variance analysis of revenue and expenses;
  • Review and post monthly rent roll.  Prepare monthly rental charge notice and deliver to tenant 60 days prior to the effective increase date;
  • Review and monitor accounts receivable.  Reconcile accounts receivable accounts when required.  Prepare accurate tenant chargebacks on a timely basis;
  • Prepare property tax billings, for tenants not billed monthly, in accordance with the tenant leases and within 24 hours of receipt of the property tax bill;
  • Maintain and clear tenant query log and ensure tenant files are current at all times;
  • Ensure all GST and other legislated taxes are reconciled and remitted;
  • Prepare monthly cash distributions;
  • Prepare all CAM/tax recoveries adjustment billings in accordance with the tenant leases and that all adjustment billings are delivered to tenants within 90 days of year-end;
  • Responsible for completing accounting portion of assigned budgets within assigned deadlines

Candidates with an accreditation in accounting and/or working toward your CPA, excellent communication skills both written and verbal, advanced computer skills and the required property accounting experience are invited to forward your Resume in confidence to:  cbazinet@deangroup.ca.  

 

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