Property Accountant – Commercial Real Estate

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Located in Markham, ON

Salary: 60,000

Property Accountant – Commercial Real Estate
Salary: $60,000/year
Location: Markham
Industry: Commercial Real Estate
Employment Type: Full-Time

 

About the Role

We are seeking a detail-oriented Property Accountant to support accounting operations across a portfolio of commercial real estate properties. The ideal candidate has a solid foundation in AP/AR, month-end processes, and property management accounting. This role is perfect for someone looking to grow their skills in a dynamic, fast-paced real estate environment.

 

Key Responsibilities

Accounts Payable Support

• Review, code, and enter vendor invoices into the accounting system.
• Match invoices to purchase orders or work orders where applicable.
• Assist with vendor statement reconciliations and investigate discrepancies.
• Support timely weekly or bi-weekly payment runs.

Accounts Receivable & Tenant Billing

• Prepare and send monthly rent invoices and recurring tenant charges.
• Apply tenant payments and maintain AR ledgers.
• Assist with AR aging reports and conduct basic follow-ups on overdue accounts.
• Help calculate simple tenant chargebacks (utilities, parking, etc.).

Month-End Close Assistance

• Prepare routine journal entries (accruals, reclasses, prepaid amortizations).
• Assist with bank reconciliations and supporting schedules.
• Compile documentation for Property Analyst review.
• Maintain accurate GL coding for routine transactions.

Lease Administration Support

• Update lease abstracts and maintain key data in the system.
• Process rent step increases, occupancy changes, move-ins/move-outs.
• Review lease terms to ensure accurate billing of rent, CAM, and other charges.

Reporting & Documentation

• Assist in preparing monthly property reporting packages.
• Maintain organized electronic files for invoices, leases, and reconciliations.
• Generate basic reports from the ERP system as needed.

Compliance & Controls

• Ensure proper backup and audit trails for AP/AR activities.
• Assist with HST/GST supporting documentation and filing preparation.
• Follow internal approval matrices and company control procedures.

 

Qualifications

Education

• Diploma or Bachelor’s degree in Accounting, Finance, or Business Administration (preferred).
• Enrollment in or intention to pursue CPA is an asset.

Experience

• 2+ years of accounting experience (AP/AR, bookkeeping, internship/co-op).
• Knowledge of property management accounting (TMI, rent rolls, lease accounting).
• Experience with investor reporting or real estate fund structures is an asset.
• Exposure to month-end close activities is helpful.

Technical Skills

• Proficiency with QuickBooks or similar real estate accounting systems.
• Strong Excel skills; financial modeling experience is an asset.

Soft Skills

• Excellent attention to detail and accuracy.
• Strong time management; able to meet month-end deadlines.
• Professional communication with tenants and vendors.
• Highly organized and collaborative in a fast-paced environment.
• Strong analytical and problem-solving skills.

 

Compensation

• Starting Salary: $60,000 annually
• Additional benefits available based on company policy.

please apply richmondhillon@expresspros.com

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