Senior Property Accountant

Senior Property Accountant

  • Accounting / Finance

We are looking for a Senior Property Accountant in the Waterloo, Ontario area! Please see details below:

Full Time, Permanent

Senior Property Accountant Payrate:

  • $60,000- $70,000 per year
  • Amazing benefits including:
  • Extended Health
  • Dental
  • Expense Account
  • Education Reimbursement
  • Rent discount

Hours:

  • 9AM- 5PM
  • Monday to Friday
  • In Office

Responsibilities:

  • Review and present monthly financial report to Senior Management Department Heads;
  • Financials
  • Budget vs actual
  • KPI’s
  • Cash Flow
  • Others as requested
  • Manage a small team of accountants- including delegating, training, coaching and performance reviews

Budgets:

  • Prepare Annual Budgets coordinating with Senior Property Manager
  • Annual cash flow requirements
  • Capital investments
  • Development Budgets
  • Condo Conversions
  • Monthly review with variance report
  • Contracts -sign off before approval
  • Work with Property Management to establish and maintain maintenance schedules per building

Accounts Receivable:

  • Oversee collection report
  • Final say in liens and legal action against tenants (AR)

Accounts Payable:

  • Review AP listing for Finance Manager to ensure sensitive accounts are maintained
  • Oversee bi-weekly cheque run report

Condo Sales:

  • Cost analysis on all sales
  • Estimated costs and profits new sales
  • Reports for tracking fixed asset, COGS, Commissions
  • Review Statements of adjustments prior to closing
  • Manage promotions, add-ons, expenses
  • Condo owner chargebacks
  • Analysis
  • Reporting
  • Policy and Procedure

Tarion:

  • Annual registration renewals
  • Access to Builder link
  • Submit Enrollments online for new upcoming projects
  • Manage submitted enrollments
  • Cancel or edit submitted enrollments if necessary
  • Manage Home Closing/ Occupancy Documents (CCP for closings)
  • Create CCP
  • Edit CCP
  • Print CCP
  • Work with servicing and condo management team on PDI’s
  • Work with servicing and condo management team on warranties
  • Work with servicing and condo corporation team on CE PATS – Common Elements Performance Audit Tracking Summary
  • Work with Condo Corp
  • Budget creation and tracking extra expenses

Monthly

  • HST submissions
  • Monthly cash flow
  • Review month end statements, budget vs actual – prepare Executive Summary
  • Consolidated reports for Executives and Property Management

 Commercial

  • Monthly review and reporting
  • Review OTL with realtors
  • Review all leases prior to signing
  • Annual CAM reconciliation

Other

  • Other duties as required

Requirements:

  • Degree in Accounting – CPA an asset
  • 4-8 years job related experience
  • Experience in preparation of projections and pro-formas
  • Financial Reporting (GAAP/ASPE) knowledge
  • Working knowledge of Microsoft 365
  • Knowledge of Microsoft Business Central an asset but not required
Interested in applying for this position? Click below 👇🏻

To apply for this job email your details to magda@elitejobscanada.com