Location
Ontario | Canada
Job description
Meridia Recruitment Solutions has partnered up with one of Canada's largest privately owned asset management firms to recruit an Accountant, Real Estate to join their team in Toronto.
Our client provides a broad range of traditional and alternative investment products and services to individuals, advisors, and institutional investors. The Accountant, Real Estate will be responsible for interacting with third-party property managers and the oversight of the day-to-day accounting functions they perform to diversify and grow portfolio of properties. This is a comprehensive position and requires the individual to have a solid understanding of all aspects of accounting.
Our client is looking for someone who is ready to work closely with third party property managers, investment and asset management teams to ensure they are receiving the information required to manage their properties effectively and that all internal and external reporting requirements are satisfied. The Accountant, Real Estate will be a part of a high performing team and supported by the CFO, Real Estate and Assistant Controller, Real Estate.
Role Description:
• Liaise with third-party property managers and accountants to ensure the integrity, accuracy and completeness of monthly accounting information and property management reports (e.g., financial statements, amortization schedules, tenant recovery schedules, security deposits, accounts payable & receivable, etc.)
• Prepare month end bank reconciliations, journal entries, and support working papers and quarterly financial statements for presentation to external investors
• Assist with the preparation and review of client and portfolio reporting and schedules, including cash flow projections, monthly variance analysis reports, and annual budgets
• Prepare accounting entries for acquisitions and dispositions of investment properties
• Review management fees, leasing fees, chargeback invoices to tenants, HST reconciliations, annual CAM (Common Area Maintenance), and tax final billing adjustments
• Assist the preparation of sales tax filings and annual income tax returns and filings
• Assist the calculation and reporting of net asset valuations (NAV) for an investment fund, including multiple series, on a monthly basis or at interim dates as required
• Support implementation of accounting changes and other process improvements
• Prepare monthly, quarterly and annual financial statements and notes in accordance with ASPE, IFRS or a disclosed basis of accounting
• Assist the annual audit process
• Special projects and other duties, as assigned
Your Requirements:
• Minimum 3-5 years of accounting experience in financial management, preferably in the real estate industry and/or fund management
• Undergraduate degree preferably in accounting or finance
• Professional Accounting Designation (CPA-CA, CGA, CMA) or actively enrolled in the CPA program (midway through or nearing completion) is an asset
• Excellent financial and analytical skills
• Strong Excel skills; familiarity with Yardi real estate accounting/reporting software is an asset
• Exceptional attention to detail
• Proven ability to think logically and effectively problem solve
• Demonstrated ability to work efficiently under pressure; dealing with changes and interruptions while maintaining strict deadlines
• Proven self-starter with the ability to work independently as well as part of a team
• Strong verbal and written communication skills
To express interest in this opportunity, please click on the "Apply Now" button below.
Job tags
Salary
