Title: Commercial Property Accountant
Department: Finance & Accounting
Reports To: Director of Accounting
About Us
Madison Group is a widely diversified real estate and land development company with extensive experience in building master-planned communities, low-rise, and high-rise residential projects. Madison Group also operates a substantial portfolio of retail, commercial, and industrial projects.
For over 55 years, Madison Group has built its foundation on integrity and innovation and our commitment to our customers is our foremost priority. Madison Group focuses on creating quality homes and residences in desirable areas firmly rooted in a sense of community. Our reputation is defined by the talent, dedication, and passion of our team.
For further information, please visit our website at madisongroup.ca.
General Description
The Commercial Property Accountant will report to the Director of Accounting and is responsible for the accounting functions within the Commercial portfolio.
Primary Responsibilities
- Maintain the general ledger and annual working paper files for the Commercial portfolio by posting year-end journal entries and preparing financial statements
- Generate monthly financial statements and budget to actual analysis report
- Perform monthly reconciliation of control accounts (AR, AP, last month’s rent, LMR interest) to subsidiary ledgers, inter-company balances, schedules of balance sheet accounts
- Maintain capital budget and fixed asset module, including amortization of fixed assets
- Prepare year-end TMI reconciliations and assemble the necessary details and back-up for the tenant’s use and respond to tenant inquiries to CAM and RT invoices
- Work directly with the realty tax consultant on tax bills and tenant allocations
- Reconcile inter-company and or/inter-property accounts monthly
- Other duties/projects as assigned from time to time
Required Skills And Qualifications
- 5+ years of commercial property accounting experience with all aspects of accounting with shopping centers/retail property accounting (TMI reconciliations, etc.)
- Strong knowledge of Yardi Voyageur, and advanced working knowledge of MS Excel and Word is required
- Experience and knowledge of all aspects of year-end working papers preparation and Caseware preferred
- College/University degree in Accounting, Finance, or related field required
- Accounting designation or in progress preferred
- Excellent verbal and written communication skills
- Possess strong analytical and problem-solving skills
Madison Group celebrates diversity and is proud to be an equal opportunity employer. We are committed to creating an inclusive environment for all employees and applications and make all employment-related decisions without regard to race, colour, religion, sex, national origin, sexual orientation, gender, age, disability, or veteran status.
We thank all applicants for their interest; however, only those selected for an interview will be contacted.
