Property Accounting Manager

The focus of this position is to lead a property accounting team through all accounting activities for a specific portfolio: monthly and quarterly property financial statements, annual operating costs and tax recovery reconciliations, annual budgets, and more.


Reporting Responsibilities:

  • Mentor and lead members of the property accounting team through coaching, training, timely review, and constructive feedback of all deliverables.
  • Review Monthly Property Financial Statements for assigned portfolio, including:
    • Review and approve journal entries.
    • Review recovery reconciliations and shortfall analysis.
    • Detailed revenue analysis.
    • NOI / SANOI / FFO / AFFO analysis.
    • Detailed balance sheet analysis.
    • Bank and Sales Tax Reconciliations.
  • Review and prepare property related financial data and schedules for quarterly financial statements and MD&A.
  • Review final annual operating costs and tax recovery reconciliations.
  • Assist with coordinating monthly reporting deadlines and ensure that deadlines are met.
  • Liaise with auditors and provide information for audit related queries.


Budgeting and Forecasting:

  • Provide support and leadership in the completion of the annual budget.
  • Review annual budgets for assigned portfolio.
  • Assist with preparation, review, and analysis of consolidated budget schedules, including variance analysis and trend analysis.


Other Responsibilities:

  • Assist in providing training and education to encourage on-going development and improve accounting skills and knowledge.
  • Active involvement in improving processes and updating SOP’s.
  • Assist in establishing annual department goals and objectives.
  • Ensure all internal control are adhered to and report any deficiencies.
  • Ad-hoc financial analysis, as needed.
  • Participate in special projects as they arise.

Qualifications/Key Requirements

Must have:

  • At least 7 years of Property Accounting experience in a commercial/retail real estate company.
  • At least 3 years of managerial / supervisory experience.
  • Experience in budgeting, full cycle accounting, and reading leases with knowledge of lease terminology.
  • University Degree in accounting or finance.
  • Professional Accounting Designation (CPA).
  • Knowledge of accounting software.
  • Team player with excellent interpersonal and communication skills.
  • Self-motivated individual, with strong problem-solving and prioritizing skills.
  • Detail-oriented with strong analytical skills, and an ability to work in a fast-paced environment.
  • Strong computer skills, with advanced skills in MS Excel and knowledge of MS Word.