Property Accountant
Lankin Investments is a real estate investment firm specializing in institutional-grade Canadian multi-family assets. With over 15 years of experience, the firm has successfully acquired, managed, and operated rental communities across Canada. Today, Lankin manages a real estate portfolio exceeding $2 billion, with more than 6,700 multi-family units under management. Our ethos is simple yet profound:
Driven by our people, we foster financial prosperity and community value through strategic Canadian real estate investments. With more than 15 years of successfully acquiring, managing, and operating multi-residential across Canada, we have achieved a celebrated reputation among real estate investors. The success is driven by providing our team members with an environment that fosters a people-first culture with a high priority on personal and professional growth.
Reporting directly to the Accounting Manager, Lankin Investments is looking for a Property Accountant to join our fast-paced team, who will be responsible for supporting a dedicated portfolio of properties, the group of companies and the finance teams through their continued growth. This individual will be responsible for full cycle accounting duties while supporting the day-to-day accounting functions of the property operations team for a diversified group of companies focused on real estate asset management.
Key Accountability and Responsibilities:
- Responsible for full cycle property accounting for a dedicated portfolio of properties and corporate consolidated entities.
- Assist in full monthly and quarterly financial and management reporting.
- Assist in the oversight and maintenance of the general ledger for the group of companies and portfolio of properties.
- Perform month-end accounting cycle entries while ensuring the accuracy of all transactions and subledgers and maintaining all corporate workbooks.
- Post monthly recurring entries which include mortgages, pre-payments, property taxes, accruals of expenses, deferred financing costs, and related party transactions.
- Post asset acquisition entries, mortgage, and refinance journal entries as well as property acquisition and disposition entries.
- Complete reconciliations for all balance sheet accounts including bank accounts and credit cards.
- Prepare and reconcile construction draw requests.
- Assist with year-end audit processes and support auditor inquiries.
- Assist with the annual budgeting and reforecasting process, including budget preparation, review, and system uploads.
- Accounts Receivable, includes posting intercompany transactions and ensuring accurate recording of tenant transactions.
- Assist Accounts Payable with property-related payables.
- Support the implementation of accounting changes and other process improvements.
- Support ad-hoc projects with the Accounting Manager.
- File and process HST returns and payments for all corporations within the CRA deadlines.
- Gain full understanding of all invoice types and coding processes.
- Participate in special projects and take on other duties, as assigned
What are we looking for in a successful candidate?
- Bachelor's Degree in Accounting/Finance, real estate and/or related field
- Minimum 2-3 years of experience in accounting, preferably in the real estate industry and/or fund management
- Professional Accounting Designation (CPA-CA, CGA, CMA) or actively enrolled in the CPA program (midway through or nearing completion) is an asset
- Highly organized with the ability to multitask and work under pressure.
- Dedicated team player with a positive attitude and the flexibility to get the job done.
How do we define success for the role?
- You become a trusted & team-focused member supports and takes on full cycle accounting while being a key contributor to the strategic direction of the group of companies and support our continued high growth success.
- You are highly organized with a keen eye for detail
- The successful person will possess deeply rooted emotional intelligence and be a thoughtful and humble collaborator. As well, they must be self-starter, a strategic thinker and have a service-oriented attitude that will encourage continuous improvement of service and performance.
- You continuously demonstrate our core values through all aspects of your work: integrity, loyalty, ingenuity, entrepreneurial spirit & collaboration
- You share in an inclusive and engaging work environment that develops, retains & attracts talent
- You grow your expertise through learning and professional development.
Why Lankin Investments?
We…
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