Adecco Professional is working with a great client for a Project Accountant role Midtown Toronto. This is a 3-month contract with the potential to turn permanent for the right person.
We are looking for a Property Accountant who not only can deal with large volumes of data but specifically has experience pertaining to rental properties.
The successful candidate will be responsible for the timely and accurate financial reporting related to operational activities of approximately 350 properties, including, but not limited to, rent revenue, non-rental revenue, repairs & maintenance expenditures, property taxes, utilities, wages, administrative costs, and insurance. The successful candidate will also ensure the integrity, reliability, and accuracy of all financial data, reports and analyses. You will support the financial reporting, budgeting and forecasting functions of the Property Accounting unit.
What You'll do
Prepares monthly financial reporting package and supporting variance analysis for a portfolio of properties
Respond to queries from Operations and Finance staff related to property accounting matters as required
Resolve accounting discrepancies and irregularities
Assist in the development of annual operating budgets
Preparation and review of monthly reporting and variance explanations
Provide explanations of key issues to Operations staff
Provide guidance in budget preparation, forecasts, and cost allocations
Review financial reports from third party managers to ensure financial data is recorded accurately
Prepare monthly journal entries, account reconciliations, and other working papers necessary to support timely and accurate financial reporting in accordance with company policies
Ensure compliance with relevant contracts, leases, and agreements
Monitoring of tenant annual Income reviews
Other tasks as required
B6575
What you'll Need
Property Accounting Experience
University degree in Accounting, Business or Commerce
Professional Accounting Designation (CPA)
5+ years in financial and operational reporting in a complex property accounting environment, ideally apartments
Strong knowledge of GAAP
Knowledge of Yardi Systems is an asset
Working knowledge of Residential Tenancies Act (RTA) and Housing Services Act (HSA)
Excellent Analytical skills and problem solving skills
Working knowledge of internal control audits and systems
Knowledge of automated financial and accounting reporting systems, preferably JDE
Knowledge of Federal and Provincial financial regulations
Proficient communication, interpersonal and organizational skills
Must possess advanced level skills with MS Excel, including macros
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