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Our client is a well-established name in the property management industry, known for its award-winning developments and innovative approach. With a track record of consistent growth and an exciting commercial property portfolio, they are expanding their accounting team and seeking a Property Accountant to join their commercial management division.
ABOUT THE ROLE
Reporting to the IPP Accounting Manager, the Property Accountant will be responsible for the full-cycle accounting of a growing portfolio of commercial income-producing properties. This is a pivotal role that requires strong technical accounting skills, a collaborative mindset, and solid experience in commercial real estate, particularly with CAM reconciliations and lease-based accounting.
Key Responsibilities
- Take ownership of full-cycle accounting for a portfolio of commercial properties, including monthly, quarterly, and annual reporting, financial close processes, and audit support.
- Prepare and review working papers, bank reconciliations, and ensure accuracy in AP, AR, and lease setups in line with property-specific requirements.
- Manage monthly variance analysis, cash flow tracking, and coordinate draw packages, while resolving discrepancies and ensuring reporting deadlines are met.
- Collaborate with property and project managers to oversee rent collections, review co-tenancy obligations, and support lease administration with a strong understanding of lease terms and financial impact.
- Prepare annual CAM (Common Area Maintenance) reconciliations and subsequent tenant billings, ensuring accuracy and alignment with lease agreements — a key aspect of this role.
- Contribute to quarterly and annual budgeting, reforecasts, and financial reporting, using your commercial real estate accounting expertise to deliver insights and support decision-making.
REQUIREMENTS
- 3–5+ years of property accounting experience
- Experience with commercial real estate is required
- CAM reconciliation experience is essential
- CPA designation is an asset, but not required
- Proficiency with Yardi is preferred
- Strong communication, analytical, and organizational skills
COMPENSATION & BENEFITS
- Salary: $75,000–$85,000
- Performance-based bonus
- 2–3 weeks’ vacation plus ad hoc days off throughout the year
- Hybrid work environment
- Extended health and dental coverage
- RRSP matching
David Aplin & Associates Inc., operating as Aplin, and its associated brands, CompuStaff and Impact Recruitment, is an award-winning employment agency connecting diverse, top-tier talent with exceptional organizations across North America. We welcome applicants from all backgrounds and charge no fees to apply or engage with our recruiters. Our clients partner with us to help expand and diversify their teams. Please note that all applicants must be legally entitled to work in Canada, including holding any necessary work permits.