Real Estate Accountant (12-Month Contract)
Toronto, ON, CanadaYesterday
Key details
- Salary
- $56K–$84K/yr
- Location
- Toronto, ON, Canada
- Work style
- Onsite
- Level
- Entry level
- Job type
- Contract
- Experience
- 1–3 yrs
- Function
- Finance & Accounting
- Focus area
- other
- Posted
- Yesterday
Skills
accrualsbalance sheetbudgetingexcelfinancial reportingforecastinggeneral ledgermicrosoft wordoutlookpivot tablesproperty management
About the role
The Real Estate Accountant is responsible for the accounting, financial reporting, and analysis of a national portfolio of multi-residential properties across Canada. This portfolio includes purpose-built rental communities and residential assets located in multiple regions and markets nationwide. Real Estate Accountants work closely and collaboratively with property management, asset management, operations, development, and finance teams to support the financial performance and strategic objectives of the portfolio.
RESPONSIBILITIES
Monthly maintenance of the general ledger
Monthly calculation of cash calls and distributions, where required.
Co-ordinate and prepare full year estimates and annual operating budgets.
Prepare year-end working paper files for external audits, where required.
Calculate and process final recovery invoices
Monthly recoveries calculation
Complete month end and distribute reports, include client reporting and external appraisal packages
Review tenant lease maintenance, including operating charges, updating future year prebills, and future year rental payment schedules
Monthly Balance Sheet reconciliation, leasing reports and capital status reporting
Monthly variance explanation between actual results and budget
QUALIFICATIONS
Post-secondary degree or diploma in Accounting
1-3 years full-cycle accounting experience
Accounting designation or enrolment in post-degree/diploma accounting designation program preferred
Understanding of full cycle accounting, including month-end accruals, budgeting, forecasting, and year end audits
Contract/lease interpretation skills
Advanced Excel skills – adept with complex formulas, Pivot Tables, and macro construction and maintenance
Highly proficient in Teams, Outlook, and Word
Detail‑oriented and analytical self‑starter with strong problem‑solving skills and a curiosity for investigating anomalies
Able to thrive in a fast‑paced, process‑driven, deadline‑oriented environment
Strong communication skills with the ability to build effective working relationships
The base salary for this position is between $56,000.00 to $84,000.00 annually. This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.
RESPONSIBILITIES
Monthly maintenance of the general ledger
Monthly calculation of cash calls and distributions, where required.
Co-ordinate and prepare full year estimates and annual operating budgets.
Prepare year-end working paper files for external audits, where required.
Calculate and process final recovery invoices
Monthly recoveries calculation
Complete month end and distribute reports, include client reporting and external appraisal packages
Review tenant lease maintenance, including operating charges, updating future year prebills, and future year rental payment schedules
Monthly Balance Sheet reconciliation, leasing reports and capital status reporting
Monthly variance explanation between actual results and budget
QUALIFICATIONS
Post-secondary degree or diploma in Accounting
1-3 years full-cycle accounting experience
Accounting designation or enrolment in post-degree/diploma accounting designation program preferred
Understanding of full cycle accounting, including month-end accruals, budgeting, forecasting, and year end audits
Contract/lease interpretation skills
Advanced Excel skills – adept with complex formulas, Pivot Tables, and macro construction and maintenance
Highly proficient in Teams, Outlook, and Word
Detail‑oriented and analytical self‑starter with strong problem‑solving skills and a curiosity for investigating anomalies
Able to thrive in a fast‑paced, process‑driven, deadline‑oriented environment
Strong communication skills with the ability to build effective working relationships
The base salary for this position is between $56,000.00 to $84,000.00 annually. This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.
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