Senior Property Accountant

About Allied

Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Our work is grounded in a clear purpose: to provide knowledge-based organizations with distinctive urban environments that support creativity,connectivity and human wellness.

Our vision is more expansive. Weseekto make a continuous contribution to cities and culture that elevates and inspires the humanity in all of us.

This vision informs how weoperate, how wedesignand how welead.

Real estate, for us,is not a passive investment. Itis a profoundly human endeavour,one that must promote wellness, sustainability,diversity and creativity-today and for generations to come.

Allied is also a place to build a career of consequence. If you are looking for work that is thoughtful,tangible and enduring-work that contributes meaningfully to cities and the people who inhabit them,you will find purpose here.

For more information on Allied’sapproach to city-building, visit our Insights page.

Manage the full accounting cycle for a portfolio of commercial properties.As Senior Property Accountant, you will perform a broad range of accounting responsibilities to ensure accurate financial reporting and support informed financial decision-making.

Reporting to the Senior Manager, Property Accounting, you will collaborate across the organization to support property-level accounting, financial reporting and operational insights, contributing to the financial performance of Allied’s portfolio.

• Responsible for full monthly accounting cycle of a portfolio of commercial properties, including journal entries, bank reconciliations, HST remittances.
• Maintain fixed asset module and prepare amortization entries.
• Prepare monthly operating costs and tax recovery estimates and maintain tenant recovery setup using Yardi.
• Perform Recovery Calculation, analyze recovery ratio and prepare shortfall analysis.
• Review and analyze financial statements and perform variance analysis.
• Analyze, reconcile, and maintain monthly working papers for balance sheet accounts.
• Ensure all reporting deadlines are met and accounting practices align with accounting policies and internal procedures.
• Prepare final annual operating costs and tax recovery adjustments and billings, including preparing CAM audit statements.
• Perform Joint Venture related tasks: cash flow analysis, management reports and responding to co-owner queries on a timely manner.
• Perform full cycle quarterly forecast and annual budget.
• Assist with audit queries, property appraisals and property tax appeals as needed.
• Assist with ad hoc projects as required.

• University degree or College diploma in Accounting or related field.
• Accounting designation or enrolled in an Accounting designation program.
• Minimum 2-3 years of experience in Commercial property accounting or in the real estate industry.
• Advanced MS Office skills; especially in Excel and Word.
• Yardi and Joint Venture experience is preferred.
• An assertive self-starter with the ability to work independently under minimal supervision.
• Strong interpersonal skills, proven ability to build relationships and effectively collaborate in a team environment.
• Strong analytical, problem-solving and time management skills, high level of attention to detail and ability to work under tight deadlines.

$83,000 - $95,000 a year

Allieddeterminesindividual compensation by work location and other factors, including relevant experience,education and internal equity.

Note:
The listed salary range does not reflect total compensation and rewards.

This role is a current vacancy on the Allied team.

At Allied, total rewards are designed with the same perspective that shapes our operations. They are intended to support sustained contribution,creativity and a genuine sense of ownership in the work we do.

In practice, this includes:

• Shared financial success and an ownership mindset
  Eligible employees participate in performance-based bonus programs and a retirement savings program, with the option to invest in traditional funds or Allied units. This approach aligns individual effort with Allied’s long-term performance and…