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Property Accountant

Job in Markham, Ontario, I3P, Canada
Listing for: Smart Investment
Full Time position
Listed on 2026-07-07
Job specializations:
  • Accounting
    Bookkeeper/ Accounting Clerk, Accounts Receivable/ Collections, Financial Reporting, Financial Analyst
Salary/Wage Range or Industry Benchmark: 60000 CAD Yearly CAD 60000.00 YEAR
Job Description & How to Apply Below
Position: Property Accountant )

Position Summary:

We are seeking a highly skilled and detail-oriented Property Accountant with solid experience in commercial real estate and property management accounting. The successful candidate will be responsible for full-cycle property accounting, investor reporting, tax compliance, and financial analysis across our portfolio. This role requires someone who thrives in a fast-paced, entrepreneurial environment and can work closely with management and external stakeholders.

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 follow up on discrepancies.
  • Support timely weekly or bi-weekly payment runs.
Accounts Receivable & Tenant Billing
  • Prepare and send monthly rent invoices or recurring charges.
  • Apply tenant payments and update AR ledgers.
  • Assist with AR aging reports and basic follow-ups on overdue accounts.
  • Help calculate simple tenant chargebacks (utilities, parking, etc.).
Month-End Close Assistance
  • Prepare basic journal entries (accruals, reclasses, prepaid amortizations).
  • Assist with bank reconciliations and other 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 system.
  • Process rent step increases, occupancy changes, and tenant move-ins/move-outs.
  • Check lease terms to ensure correct billing of rent, CAM, and other charges.
Reporting & Documentation
  • Assist in preparing monthly property packages and supporting documents.
  • Maintain organized electronic files for invoices, leases, and reconciliations.
  • Generate basic reports from the ERP system as needed.
Compliance & Internal Controls
  • Ensure proper backup and audit trails for AP and AR activities.
  • Assist with HST/GST documentation and filing support.
  • Follow company approval matrix and control procedures.
Qualifications Education
  • Diploma or Bachelor's degree in Accounting, Finance, or Business Administration (preferred).
  • Enrollment in CPA program or intention to pursue CPA is considered an asset.
Experience
  • 2 years of accounting experience preferred (AP/AR, bookkeeping, or internship/co‑op roles).
  • Proficient knowledge of property management accounting (TMI, rent rolls, lease accounting).
  • Experience with investor reporting and private equity/real estate fund structures is an asset.
  • Exposure to month-end processes (journal entries, reconciliations) is helpful.
Soft Skills
  • Strong attention to detail and high accuracy.
  • Time management and ability to meet tight deadlines (month-end).
  • Good communication skills—professional interactions with tenants and vendors.
  • Highly organized and able to work collaboratively in a fast-paced environment.
  • Strong problem‑solving and organizational skills.
  • Proficiency with Quick Books or similar real estate accounting systems.
  • Advanced Excel and working financial modeling skills.
Benefits
  • Casual dress.
  • Extended health care.
  • On‑site parking.
Job Details

Job Type: Full time

Pay:
From $60,000.00 per year

Work Location:

In person

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