The Senior Property Accountant will report to the Manager of Property Accounting, Real Estate. The individual will be responsible for all accounting and reporting for a portfolio of Fengate's income producing properties (IPP). Outside of finance, this role will have the opportunity to interact closely with Leasing, Property Management, and Asset Management teams.
The successful individual should have property accounting experience within the real estate organization with a diverse portfolio mix (e.g. Office, Industrial, and Retail). The successful candidate will be a self-starter and genuinely curious; that enjoys working in a fast-paced environment; can multi-task, efficiently prioritize and work under timelines and manage multiple stakeholders; is detail and process oriented with a high sense of ownership in their work; and has a strong foundation of accounting and reporting.
KEY RESPONSIBILITIES
- Responsible for preparation of an IPP portfolio full cycle day-to-day accounting which includes{{:}} preparation and review of journal entries, accruals, reviewing accounts payable, preparation of bank reconciliations, HST reconciliations, and balance sheet account reconciliations
- Collaboration with property management on the review and commentary of monthly financial statements and financial reports, as well as monthly variance analysis and discussion to support actual to budget variances for assigned properties
- Creation of annual operating budget and tenant prebill setup
- Review and approval of CAM reconciliations for properties
- Key liaison with property management, leasing and other departments pertaining to daily operations
- Oversee lease setup and recovery models for newly acquired tenants
- Assist with year-end operating cost statement audit and other ad hoc tasks as required
- Identify and implement process improvements across different areas of scope
Requirements
KEY QUALIFICATIONS
- Undergraduate degree in accounting, finance, or other relevant technical discipline
- 3-5 years of progressive accounting experience within the real estate industry
- CPA Designation or working towards obtaining a designation is an asset
- Excellent time management skills, ability to meet tight deadline and attention to details
- Intermediate to advanced Excel skills
- Excellent verbal and written communication skills
- Experience with Yardi or other real estate centric ERP is preferred
CORE COMPETENCIES
- Being Authentic - Inspiring trust and being courageous.
- Focusing on Performance - Being accountable and driving results
- Understanding Stakeholders - Knowing the needs of those who rely on you.
- Building Effective Relationships - Collaboration and communication.
Fengate is an equal opportunity employer, we strive to attract and retain a diverse workforce and are committed to promoting diversity, equity, inclusion, and belonging in the workplace. It is a core priority at Fengate to create, operate with, and continuously grow and sustain an inclusive culture that respects and connects the diversity of our team, our clients, our partners, and the communities we work in.
We are committed to providing accommodation for persons with disabilities. If you require accommodation, we will work with you to meet your needs.
We thank all applicants for their interest in this position; however only candidates selected for an interview will be contacted.
