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Commercial Property Accountant - 18461 (Closed)

ARE YOU A SEASONED ACCOUNTANT LOOKING TO UTILIZE YOUR EXPERIENCE? Our client is seeking a Commercial Property Accountant on a full-time basis.

Commercial Property Accountant

The Commercial Property Accountant is responsible for organizing the full accounting cycle for the portfolio of commercial real estate properties. This responsibility includes analysis and research to provide the organization with high quality accounting information.

About the Opportunity  

Reporting

• Prepare month-end journal entries, monthly bank reconciliation and general ledger reconciliations to the sub ledger
• Maintain schedules reconciling cash, accounts receivable, inter-company balances, prepaid expenses, fixed assets, accrued expenses and liabilities
• In addition, organize full accounting cycle for real estate properties
• Review and prepare monthly, quarterly, and yearly financial statements and ensure that all monthly reporting deadlines are met
• Prepare HST remittance for each property

Budgets

• Provide YTD actual, review final version and input into system
• Update non-operational expenses such as mortgage interest legal and accounting fees and other administrative fees

Year End

• Prepare year-end working paper files, provide auditors with back up, financial statements, and comparative analyses and assist in audit

Transactions for new or sale properties

• Ensure all transactions are recorded, including asset purchases, sales of land and building
• Monitor post-closing to be completed within the timeframe dictated by the purchase and sale document

Cash flow management

• Prepare cash flow projection on a timely basis
• Monitor and inform Senior Accountant of the cash position (distributions/contributions)

Monitoring A/R, A/P

• Oversee accounts receivables and accounts payables, including review of cash requirement reports and reconciliation of tenant statements
• Monitor banking deposits and daily balances
• Monitor operational expenses on a monthly basis by performing variance analysis
• Liaise with property administrators and property managers
• Maintain records of all the Tenants Improvements, Building Improvements, leasing commissions, and other capital renovations
• Communicate with outside parties (landlords, lawyers, accountants) when required
• Take initiative to propose improvements of the accounting process or management of the flow of information to Senior Accountants

About You

• CPA designation
• 2 to 5 years of accounting experience would be preferred
• Minimum of 6 months experience working with Yardi Gemini or Yardi Voyager accounting system
• Provide excellent communication and customer service
• Support our company’s values: integrity, accountability, service excellence and teamwork
• Possess strong analytical and problem-solving skills
• Maintain attention to detail
• Possess strong computer skills; advanced in Excel
• Take initiative
• Self-starter with ability to work independently as well as part of a team
• Provide good cooperation (easy going, supportive) with all members of the accounting team, with other departments and with clients (including their financial institutions, auditors and staff)

Salary Range
$70,000-$75,000/year

How to Apply
Click the “Apply Now” button and follow the instructions to submit your resume. Please note that we only accept documents in MS Word or Rich Text formats. When referencing this job, quote #18461.

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.

About Lannick

Lannick is the premier professional recruitment and staffing firm in the Greater Toronto Area. Founded in 1985, Lannick provides best-in-class finance, accounting and technology professionals at all roles and levels through its three divisions: Lannick Finance & Accounting, Pro Count Staffing and Lannick Technology. Lannick places more than 1,000 candidates annually and is a preferred vendor for Canada’s most successful organizations. Learn more at www.lannick.com.

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