Property Accountant
Lepine Apartments
Purpose:
Responsibilities:
• Prepare and process receivables for multiple companies and properties within the Lepine portfolio.
• Manage monthly rent revenue and receivables, ensure that rent increases are correctly booked, and resolve any discrepancies promptly.
• Process new leases, lease amendments, terminations, and maintain accurate tenant accounting files.
• Verify that payments have been processed and ensure cash collections are deposited accurately.
• Handle tenant move-out formalities, including calculating move-out charges, processing applicable refunds, and applying Last Month's Rent and interest.
• Prepare Lease Expiry Reports by updating Market Rent in Rent Roll and distribute updated lists of available units to Leasing Agents and Property Administrators.
• Prepare and maintain monthly Property Management reports to keep updated status on each property.
• Track and update weekly and monthly Rent Rolls to ensure the most current property information is always available.
• Process journal entries for all properties and charge rent appropriately to ensure month-end reports are complete and accurate.
• Track and manage Pre-Authorized Payments for tenants across various properties.
• Play a key role in process improvement initiatives, such as reporting automation via PowerBI and various system implementations.
Requirements:
• Bachelor’s degree in accounting, finance, or a related field.
• CPA or enrollment in CPA program a plus
• 1-4 years of experience in accounting (Property Accountant) or 5-7 years of experience (Senior Property Accountant), preferably within the real estate industry.
• Strong understanding of accounting principles and financial reporting.
• Proficiency in accounting software and Microsoft Office Suite.
• Comprehensive understanding of Excel functions, such as XLOOKUP, PIVOT Tables, etc.
• Proficiency in SQL and Microsoft Power Query a plus
Role Specific Requirements:
• Ensure that tenant accounting files are accurately maintained and that any tenant inquiries related to accounting are addressed promptly.
• Ensure that all lease amendments, terminations, and other tenant-related financial processes comply with relevant legal and regulatory requirements.
• Regularly update and share Lease Expiry Reports and Rent Rolls to ensure that all available units are marketed effectively.
• Maintain accuracy in journal entries and financial reports to reflect an accurate financial position of each property.
Why work for us?
• Competitive Wages: Earn more than just a salary – join a team where your hard work is recognized and rewarded.
• Inclusive Work Environment: Be a part of a diverse and welcoming workplace culture, where every voice is valued.
• Career Growth Opportunities: Forge your path to success with opportunities for professional development, mentorship, and advancement within our organization.
• Flexible Health Care Spending Account: Take control of your well-being with a flexible health care spending account that allows you to tailor your benefits to suit your individual needs and priorities.
• RRSP/DPSP Contribution Plan: Secure your financial future with our retirement savings plans, including RRSP and DPSP contributions.
• Referral Bonus Program: Share in our success by referring top talent to our team and be rewarded through our generous referral bonus program.
• Vacation Packages: Enjoy ample time off to rest, recharge, and explore with our competitive vacation policy, ensuring a healthy work-life balance.
• Paid Sick Leave: Prioritize your health and well-being without sacrificing income. Benefit from three paid sick leave days per year, ensuring you can take the time you need to recover.