Property Accountant


  • Category: Accounting / Finance
  • Location: Edmonton, AB
  • Work Type: Permanent / Full Time

Description

Posted On: Apr 12, 2024

Commercial Property Accountant
 
Our Client is searching for a detail-oriented and analytical Commercial Property Accountant to join their team. The Commercial Property Accountant will be responsible for managing and maintaining accurate lease accounting records, ensuring compliance with tenant agreements, and supporting the overall financial reporting process. A successful candidate possesses strong accounting skills, a deep understanding of real estate accounting principles, and exceptional organizational abilities.
 
Your success will be defined by your ability to
  • Review lease documents, enter and maintain lease information into our systems, as well as ensuring accurate and timely recording of tenant lease transactions.
  • Collaborate with Leasing and Property Management to obtain necessary lease information, resolve discrepancies, and validate data accuracy.
  • Collaborate with Property Management to prepare year end CAM reconciliations, as well as an annual property budget
  • Monitor budget performance, including interim review of estimated CAM reconciliations, and provide variance analysis for revenue accounts, also making necessary adjustments as required.
  • Assist in the preparation of financial forecasts and projections to support decision-making
  • Participate in budget reviews and meetings, providing financial insights and recommendations
  • Monitor critical lease events such as renewals, terminations, and modifications, and adjust tenant records in the system accordingly
  • Generate financial analyses and insights related to lease activity, cash flows, and variances to forecast
  • Assist with audits and provide necessary documentation and explanations related to lease accounting.
Your strengths include:
  • Bachelor’s Degree in Accounting, Finance, or a related field
  • A minimum of 5 years of progressive experience in the commercial real estate industry
  • Proficiency in using property management software and financial management tools.
  • Ability to work independently, manage deadlines, and prioritize tasks in a fast-paced environment.
If you are interested in this role and meet the above criteria, please click the "Apply" button to send your resume directly to Lily Brooks.
 
Recruitment Partners Inc. is an Alberta-based, Alberta-focused recruitment firm. We are dedicated to building long-term relationships while securing top talent for Alberta’s best employers. At the heart of our efforts is a collaborative, consultative approach. We are proud of our team of consultants, who come with practical business experience, and a strong network of professional contacts, and are focused on what is best for both clients and candidates. We will facilitate the best fit between the client and the candidate. This means reduced turnover, enhanced employee engagement, increased productivity, customer satisfaction, and more.
 
Accounting & Finance - Sales & Operations - Engineering - Supply Chain - Human Resources - Office Support - Technology
 
Contact us today - Your Search Partner – www.recruitmentpartners.ca.