Property Accountant - Inc

Summary

Pen Equity Inc is seeking to hire a Property Accountant. The Property Accountant will be a key member of the accounting/finance team and report to the Manager of Accounting. The role is hybrid in Downtown Core.

• Produce monthly Financial Statements according to IFRS/ASPE or as specified by client policy/requirements.
• Provide supplementary reporting as required by the client.
• Utilize budgets and other tools to analyze variances.
• Reconcile, analyze, and maintain all balance sheet accounts, ensuring accuracy and completeness of supporting documentation.
• Prepare and record monthly recoveries adjustments (CAM and realty tax).
• Ensure all HST and other legislated taxes and assessments are reconciled and remitted in a timely manner.
• Support sites in tenant invoicing, reconciliation and related accounting inquiries.
• Prepare tenant account analysis, statements of accounts and supporting schedules as required.
• Complete year end operating cost adjustments and tenant billings for assigned properties within 90 days of operating year end.
• Collect and post tenant payments by recording cheque and pre-authorized transactions and update tenants accounts as needed.
• Prepare property budgets within assigned deadlines.
• Identify opportunities to improve accounting processes, internal controls, and operational efficiencies, and provide recommendations for implementation.
• Communicate efficiently and effectively, in a professional manner, with all employees and clients.
• Assist Director and Accounting Manager with special projects.
• Working with auditors to ensure timely completion of audits.
• Respond to tenant, client, and operational inquiries in a timely and professional manner (customer-focused).
• Other duties as required.

• Education - Diploma or Degree in Accounting or Finance.
• Experience – 1‑3 years of related experience required; previous property management accounting experience considered an asset.
• Relationship Skills - Ability to communicate effectively, both oral and written; ability to develop and sustain cooperative working relationships; team player.
• Organizational/Multi‑Task Skills - Ability to allocate time effectively, work under pressure and manage tight deadlines; ability to handle multiple demands, competing priorities, ability to work at a detailed level; willingness to learn in an agile environment that includes new ideas and change.
• Computer Skills - Intermediate to advanced skills in Excel, Word, and other Microsoft Office programs; knowledge of Yardi is considered an asset.

Pen Equity Inc. is a Toronto‑headquartered real estate firm operating at the intersection of development and long‑term ownership. Our leadership owns and develops retail real estate across Ontario and applies the same ownership standard to every third‑party mandate we take on. We do not run assets to a service agreement. We run them the way we run our own.

This orientation runs through everything — how we underwrite a site, how we design a building, how we choose our tenants, and how we operate the asset decades after the ribbon is cut.