property accountant
Posted on
July 02, 2024
by
Employer details
Melbourne Property Management Inc.
Job details
*ABOUT US*
Melbourne Property Management is a Toronto-based firm serving the Ontario market. It is built on over 100 combined years of our team?s experience in the property management industry. Melbourne Property Management aims to create a sense of community within each condominium we manage, in the same way that the City of Melbourne focuses on being one of the most livable cities in the world. We provide our clients with a broad range of full services and support, including consulting, on-site and off-site management, financial reporting and administrative support. At Melbourne Property Management, we never forget that we are taking care of your home.
*THE ROLE*
Melbourne Property Management is looking for a *Property Accountant* who would provide accounting services to the accounting department. Reporting to the Senior Manager of Accounting, this role would be an excellent opportunity for anyone looking to use transferable skills and enter the accounting field in the Condominium Management industry. The right candidate has both experience and a passion for preparing and maintaining timely, organized and meaningful financial records; is organized, and has experience problem solving and working with a team. If you are looking at exploring a new career path, are hungry, enthusiastic and interested in growth opportunities at a progressive and customer service-focused organization, then this role may be perfect for you..
*Start Date: ASAP*
As a *Property Accountant*, you will be responsible for:
· Prepare and send to Condominium Managers/Director of Accounting and Administration, each Condominium Corporations' monthly or quarterly financial statements on or before the due date of each month or each quarter.
· Prepare Condominium Corporations' bank reconciliations for the communities in the assigned portfolio.
· Review the accounting records/transactions and make correction/adjustments if necessary. Report to the Director of Accounting and Administration on any abnormalities noticed.
· Assist Condominium Managers in preparation of the annual budget by providing data, analysis, historical documents and reports as required.
· Post each Condominium Corporation's approved budget in Yardi.
· Process month and year end periods in Yardi, including any changes in utility setups.
· Monitor the financial positions of the properties and report to the Condominium Managers of any abnormalities or variances noticed.
· Review periodically the financial statements of all the properties to ensure the timely monthly reserve fund contribution, payment of all bills, and ensure the investments are in compliance with the Condominium Act
· Ensure the invoice payments from the operating and reserve fund accounts are compliant and in accordance with Melbourne Property Management best practices and comply with Condominium Act.
· Ensure Condominium Managers have access to qualified investment advisers who can make recommendations and suggestions on how to be invest reserve fund monies for the 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.
· For new properties and takeovers of existing communities, ensure all documents are received. Review the accounts/documents and assist the accounting team to upload 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 Accounting and Administration, prior to being released to the new management company.
· Assist Condominium Managers/ Director of Accounting and Administration or other senior executives to prepare reports as may be required.
· A
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LocationToronto, ON
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Salary$60,000 to $65,000YEAR annually
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Terms of employment
Full time
- Start date
Starts as soon as possible
- vacancies
1 vacancy
- Source
indeed.com
#9348542053
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