Real Estate Accountant

Job Category: Accountant
Job Type: Full Time
Job Location: Canada
Salary: CA$90K/Yr

Company Overview

The Mason Group is a leading recruitment agency that specializes in the recruitment and placement of accounting, finance and banking professionals in permanent or contract positions across the Greater Toronto and Vancouver Areas, for all levels from Financial Analyst to CFO. ACCOUNTING AND FINANCE RECRUITMENT We have recruited for start-ups to Fortune 500s, in virtually every sector of accounting and finance, and have filled roles ranging from Financial Analyst to CFO. Mainly comprised of trained accountants and/or CPAs, we are in a unique position to recognize quality candidates and match them with job opportunities that meet their career ambitions. Whether you need help with a permanent, contract or temporary search, our recruitment consultants within our Permanent and Contract Divisions can assist you across all industry verticals including financial services, insurance, natural resources, consumer packaged goods, banking, hospitality, retail, manufacturing, IT, real estate and others. BANKING AND FINANCIAL SERVICES RECRUITMENT Our Banking and Financial Services recruitment consultants have a clear understanding of the industry’s fast pace. We can staff full-time, part-time, contract, project-based and/or temporary type positions, in back- or front-office departments, at an operational or executive level, and we will move quickly to deliver results. As a candidate, you can be assured that our consultants will work relentlessly on your behalf to find you the right career opportunities within the Banking and Financial Services field. To learn more about working together visit www.masongroup.ca or call 416-733-9393.

About the job

Our client, a property management company is looking to hire a Real Estate Accountant.

Responsibilities of the Real Estate Accountant is as follows:

  • Ensure the accurate & timely completion of all monthly financial & management reporting for project partners/co-owners, related to certain properties
  • Ensure all accounting records are kept up-to-date within standard accounting principles & guidelines & by the company and/or its partners/co-owners
  • Reconcile & maintain all balance sheet & income statement accounts
  • Prepare a detailed variance analysis of revenue & expenses
  • Review & post monthly rent roll
  • Prepare monthly rental charge notice & deliver to tenant 60 days prior to the effective increase date
  • Review, reconcile & monitor accounts receivable
  • Prepare accurate & timely tenant chargebacks
  • Prepare property tax billings, for tenants not billed monthly, in accordance with the tenant leases & within 24 hours of receipt of the property tax bill
  • Maintain & clear tenant query log while ensuring up-to-date tenant files
  • Ensure all GST & other legislated taxes are reconciled & remitted
  • Prepare monthly cash distributions
  • Prepare all CAM/tax recoveries adjustment billings in accordance with the tenant leases
  • Ensure all adjustment billings are delivered to tenants within 90 days of year-end
  • Complete accounting portion of assigned budgets within assigned deadlines
  • Assist with auditor requirements, including the company’s audit firm and all partner/co-owner audit firms & government audits when required
  • Ensure timely, accurate & complete leasing & disposition fees
  • Assist in the accounting of property acquisitions & dispositions
  • Participate in the due diligence & statement of adjustment phases as required
  • Monitor & review accounting processes & procedures & recommend changes as appropriate to improve internal controls and/or efficiencies
  • Support the Finance Manager in the completion of the accounting portion for reports to partners/co-owners as needed & other periodic requests

Requirements

  • Minimum 3-5+ years accounting experience or 3+ years property accounting experience
  • Professional, clear & concise oral and written communication skills
  • Intermediate to advanced Microsoft Excel skills
  • Working knowledge of real estate /property management software (QuickBooks & Condo Control preferred)

If you are already registered with The Mason Group, please contact your Recruiting Consultant directly with reference to job #19512.

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