Senior Property Accountant

Description

Vaughan, ON

Position Overview:

Our client is a premier full-service commercial real estate and property management company, managing a diverse portfolio of commercial, industrial, and residential assets. They offer property and facility management, accounting services, leasing, and project & construction management.

They are seeking a highly organized and experienced Financial Controller – Property Accounting. The Controller will be responsible for overseeing all aspects of financial reporting, budgeting, and cash management for a portfolio of residential, commercial, and/or mixed-use properties. This leadership role will ensure the integrity of financial operations while supporting strategic business decisions through accurate and timely financial reporting.

Key Responsibilities:

• Lead and manage the full-cycle accounting operations for a diverse portfolio of managed properties.
• Prepare monthly, quarterly, and annual financial statements in accordance with accounting standards and company policies.
• Oversee budgeting, forecasting, and variance analysis for each property and consolidated operations.
• Ensure the accuracy of rent rolls, lease administration, tenant billing, recoveries (CAM, taxes, utilities), and related reconciliations.
• Manage cash flow, banking relationships, and financing arrangements for property assets.
• Supervise and mentor a team of property accountants, AP/AR clerks, and accounting support staff.
• Coordinate and support annual audits, tax filings, and year-end processes.
• Develop and maintain strong internal controls, policies, and procedures to ensure compliance.
• Analyze property performance and support operational strategies.
• Manage property insurance programs and assist with claims as needed.
• Implement improvements to accounting systems, reporting tools, and operational efficiencies.
• Stay current on changes in property accounting regulations, real estate tax laws, and  reporting standards.

Qualifications:

• CPA designation (CA, CGA, CMA) required.
• 7+ years of accounting experience, with 3 years in a property management or real estate environment.
• Strong understanding of property accounting concepts including lease accounting, CAM reconciliations, and capital project accounting.
• Experience managing a team and building accounting department capabilities.
• Proficient with property management and accounting software (e.g., Yardi, MRI, JD Edwards,
• Advanced knowledge of Microsoft Excel and financial reporting tools.
• Exceptional attention to detail, organizational skills, and ability to manage multiple priorities.

Preferred Experience:

• Experience with mixed-use portfolios (residential, commercial, and industrial assets).
• Familiarity with IFRS or ASPE accounting standards for real estate.
• Hands-on experience with system conversions, process improvements, and automation initiatives.

Interview times available Thursday and Friday

Reply with resume, preferred day/time

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