property accountant
Posted on
October 07, 2024
by
Employer details
Percel Inc
Job details
*JOB DESCRIPTION ? PROPERTY ACCOUNTANT*
Percel Inc. is more than a business, it is a family.
We have an extensive condominium management portfolio stretching from the shores of Lake Ontario in the GTA to Lake Huron, Georgian Bay, Muskoka, Simcoe and the Kawarthas.
Come build your career with the ACMO Corporate Member of the Year.
We are one of the oldest and most respected companies in the condominium management field.
We are currently seeking to hire a Condominium Property Accountant on a full-time basis.
If you believe your qualifications and experience meet with our needs, please email your resume with salary expectations and references to us.
We appreciate the interest from all candidates but only those selected for an interview will be contacted.
Each Property Accountant is assigned a portfolio of properties. The Property Accountant is responsible for the accurate recording of all accounting transactions and timely preparation of all financial statements. He/she ensures that the accounting procedures conform to the Generally Accepted Accounting Principles of Canada and comply with the _Condominium Act, 1998 _and our company?s policies and procedures.
Below are the outlines of the Property Accountant responsibilities (including but not limited to):
* Prepare and send to Condominium Managers/Accounting Manager and/or Director of Finance, the Condominium Corporations? monthly financial statements on or before the 20th day of each month.
* Prepare Condominium Corporations? bank reconciliations.
* Review the accounting records/transactions and make correction/adjustments if necessary. Report to the Accounting Manager and/or Director of Finance any abnormalities noticed.
* Assist Condominium Managers in preparation of the annual budget by providing data, analysis and reports as required.
* Post Condominium Corporation?s approved budget in the system.
* Process month and year end periods in the accounting software, including any changes in utility setups.
* Give full support/assistance to the Accounting Manager and Director of Finance.
* Monitor the financial positions of the properties and report to the Condominium Managers of any abnormalities noticed.
* Review the financial statements of all the properties to ensure the timely monthly reserve fund contribution and payment of all bills.
* Ensure the invoice payments from the operating and reserve fund accounts are appropriate (in compliance with the expense nature as specified in the _Condominium Act, 1998_).
* Provide suggestions to Condominium Managers on the investment instruments/terms for Board of Directors to consider.
* Monitor and/or calculate charge backs, including Shared Facilities, commercial components, reciprocal agreements, utilities etc.
* Give full assistance to the Condominium Corporations/CRA Auditors in their course of auditing.
* Book audits, prepare audit documents and records, post audit adjustment entries.
* On taking over of new properties, ensure all documents are received. Review the accounts/documents and assist the accounting staff to record into the system.
* Post opening balances for new Condominium Corporations.
* When turning over existing Corporations, ensure all records/documents are in good order and are forwarded in a timely manner to the Director of Finance, prior to being released to the new management company.
* Assist Condominium Managers/ Director of Finance or other senior executives to prepare ad hoc reports.
* Assist Accounts Payable/Accounts Receivable Specialists to resolve any problems that may arise.
* Prepare and conduct meetings with the Accounting Team and Property Managers as needed.
* Attend Senior Management Meetings as required.
* Perform other duties as may be required.
Requirements:
* Minimum five years full-cycle accounting experience
* Ability to work collaboratively, meet deadlines and learn quickly
* Accuracy and detail oriented with strong organizational skills
* Effectively interact and communicate with
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LocationBarrie, ON
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Workplace information
On site
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Salary$55,000 to $60,000YEAR annually
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Terms of employment
Full time
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Starts as soon as possible
- vacancies
1 vacancy
- Source
indeed.com
#9477220999
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