Senior Property Accountant

Quad Real Property Group is a global real estate investment, development and operating company headquartered in Vancouver, British Columbia. Its assets under management are $98.5 billion. From its foundation in Canada as a full-service real estate operating company, Quad Real has expanded its capabilities globally for investments in equity and debt in both the public and private markets. Quad Real invests directly through operating platforms in which it holds an ownership interest and via programmatic partnerships.

Quad Real seeks to deliver strong investment returns while creating sustainable environments that bring value to the people and communities it serves. Now and for generations to come.

Quad Real:
Excellence lives here.

Reporting directly to the Accounting Manager, the Senior Property Accountant is responsible for adding value to Quad Real by providing meaningful financial information that is professional, accurate and free of material misstatements, while living and embodying the Quad Real values.

• Produce monthly and /or quarterly financial statements as specified by Quad Real policy/requirements
• Incorporate high-level thinking and analysis when preparing financial statements and recognize when to adjust for material items and / or explain material variances
• Utilize analytical skills to review work both at high and grass-root level to present meaningful NOI analysis
• Analyze and understand all balance sheet accounts and reconcile working papers in a meaningful, organized way; ensure all processes related to balance sheet items are completed and reviewed
• Understand property expenditures and revenues; hard book expense accruals, adjusting only when necessary
• Communicate and escalation as required on a timely basis any material issues, reporting or collaboration gaps or roadblocks
• Review and approve leases and lease review checklists thoroughly and in a timely manner; ensure set-ups agree with lease language for all items including, but not limited to; rental charges, security deposits, TI and/or LLW amounts and applications thereof and correct interpretation and application of any other relevant clauses; ensure and maintain proper set-up of straight-line rent, recoveries, and how any other accounting
  -related processes that are lease driven
• Ensure files are saved according to Quad Real standard set up on shared drive and/or Commercial Property Accounting Info Site and that they are professional and transparent
• Set up and maintain tenant's recovery in Yardi recovery model in accordance with lease language; use Yardi recovery model to calculate and record monthly and annual operating costs and realty tax recovery adjustments, billings, and estimates
• Monitor and be aware of large cash flows items;ensure cash distributions/cash calls and HST reconciliations are completed in a timely manner and are freeof material errors
• Compile audit files and supporting documentation as required for annual property audits or tenant inquiries / disputes
• Complete year end operating cost adjustments and tenant billings for assigned properties within allotted period according to requirements for asset
• Review capital and leasing job costs monthly; ensure jobs are set up correctly with proper status and current forecast information
• Prepare intelligent property budgets and reforecasts within assigned deadlines adhering to Quad Real process
• Support acquisition and disposition activity as required including post-closing adjustments; ensure trial balances or outstanding items are cleaned up in a timely manner after disposition
• Communicate efficiently and effectively, in a professional manner, with all Quad Real employees and others outside the organization
• Support other departments as needed with reconciliations, tenant inquiries, financial analysis, etc.
• Provide supplementary reporting or details as required by the client
• Provide input/feedback for improving procedures and initiating quality and efficiency enhancements
• Able to perform difficult or complex tasks with minimal supervision; combine knowledge and skill to identify optimal solutions to problems and determine course of action
• Exhibit leadership and mentorship skills; assist or lead training and/or testing as needed
• Other duties as assigned from time to time

• Qualified or enrolled CPA designation or relevant work experience in full cycle property accounting
• Minimum 5 years commercial/retail property accounting…