Senior Property Accountant

Job Type

Full Time, Hourly

Primaris REIT is currently hiring a dedicated and enthusiastic Senior Property Accountant to join our team in our downtown Toronto office. If you are process driven, have great attention to detail and thrive in a dynamic, fast‑paced environment, this exciting opportunity is perfect for you!

Replacement

As the Senior Property Accountant, you will provide exceptional customer service to both internal and external clients and provide efficient and accurate accounting & analysis of a retail real estate portfolio owned by Primaris. Your communication skills and positive attitude will contribute to the success of our team. You will be responsible for:

• Full cycle accounting for assigned portfolio including monthly journal entries and reconciliations of the cash, equity, investment property, debt, and intercompany account balances.
• Prepare, review & analyze:
  • Monthly reporting for assigned portfolio including month‑end closes, actual to budget variance analysis and quarter‑over‑quarter variance analysis.
  • Quarterly and year‑end property packages, and liaise with auditors.
  • Annual financial and cost statements.
  • Annual tenant operating cost, CAM recoveries and realty tax billings.
  • Budgets and quarterly re‑forecasts.
• Set‑up and coordinate the accounting functions for newly acquired properties.
• Provide regular updates & feedback to the Manager, Accounting.
• Assist Manager, Accounting with reviewing work of Property Accountants.
• Participate in the development and distribution of best practices, process documentation, and user support materials for department processes.
• Act as a resource to the Property Accountants.
• Provide support to Manager, Accounting with special projects/initiatives.
• Ad‑hoc analyses as required by management and internal and external stakeholders.
• Other duties as assigned.

• Bachelor's Degree in Accounting, Finance, Business Administration, or related field.
• Enrolment in a program for a professional accounting designation.
• CPA designation highly preferred.
• 3‑5 years commercial real estate experience.
• Excellent proficiency with Microsoft Excel, easily work with formulas (e.g., index, sumif, pivot, lookups, conditional formats, links, etc.).
• Yardi experience an asset.
• Strong process management/improvement skills with a mindset for continuous improvement.
• Strong analytical and inquiry skills to understand operational processes and constraints.
• Produce accurate work with attention to detail and consistently meet deadlines.
• Actively support training & development opportunities for employees as well as provide regular and meaningful feedback while delegating responsibility and being comfortable working through others.

At Primaris, we believe in rewarding talent with competitive wages and comprehensive total compensation package. Your compensation is thoughtfully determined based on factors such as location, job level, relevant education or training, experience, knowledge, skills, and abilities, while ensuring internal equity and alignment with market data.

Expected Salary Range: CAD $85,000 - $95,000

Please note:

This is the expected range for the positions, however, it should not discourage you from applying. If you believe you’re a strong fit for the role, we encourage you to submit your application regardless of salary expectations.

Beyond salary, our total rewards approach reflects our commitment to recognizing your contributions and supporting your growth.

To manage the large volume of applications, AI may be used in the recruitment process. If your qualifications align with the requirements of this role, you may be contacted for next steps.

Primaris REIT is an equal opportunity employer, committed to providing fair recruitment and employment practices to all employees and applicants. If you require accommodation for this role, please contact [email protected].

• Communicate clearly, concisely, professionally and convey active listening and openness.
• Build positive relationships and demonstrate commitment, effort and a "take charge" attitude.
• Produce accurate work with attention to detail and consistently meet…