Property Accountant
About QuadReal Property Group
QuadReal Property Group is a global real estate investment, operating and development company headquartered in Vancouver, British Columbia. Its assets under management are $85 billion. From its foundation in Canada as a full-service real estate operating company, QuadReal has expanded its capabilities to invest in equity and debt in both the public and private markets. QuadReal invests directly, via programmatic partnerships and through operating platforms in which it holds an ownership interest.
QuadReal 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.
QuadReal: Excellence lives here.
Based in Vancouver, BC, the Property Accountant (PA) will review, analyze and report financial results for a portfolio of properties. The Property Accounting will begin with basic entry level properties and increase to complex properties following comprehensive training and additional experience. The successful PA takes full ownership of their portfolio including both technical and non-technical aspects.
As a Property Accountant You Will:
- Produce monthly Financial Statements according to IFRS or as specified by client policy/requirements and other supplementary reports as required
- Responsible for the portfolio's monthly and annual reporting cycle, including expense and revenue accruals, capital amortization, monthly deadlines, year end and budget processes, GST reconciliation, bad debt process, banking, cash flow and cash distribution
- Process leasing and recoveries, including lease review, interpretation and application of relevant clauses, straight line rent, and operating cost recoveries
- Monitor cash positions with special attention to monthly mortgage payments, payroll billings, management fees, property taxes, GST remittances, capital and leasing costs, and any other major monthly expenditures
- Complete year end operating cost adjustments and tenant billings for assigned properties within 90 days of operating year end
- Ensure new budgeted operating expense rate are provided to Lease Administration approximately 45 days prior to commencement of the operating year
Your Background:
- Two or more years' related experience in full cycle accounting combined with general accounting knowledge
- Post-secondary education in accounting is preferred
- Intermediate to advanced skills in Microsoft Excel and Word. Experience with specialized computer software is considered an asset, including: Yardi Voyager, Construction Manager, Capital Planning, Forecast Manager
The expected annualized base salary range for this role is $73,500 - $77,500.
The actual salary offered will take into consideration a wide array of factors including, but not limited to, the individual's skill, experience, education and training, the market compensation of the role, and the consideration to internal equity.
QuadReal offers a competitive total rewards package in addition to the base pay, which includes a performance-based incentive plan, comprehensive health & dental benefits, a defined contribution pension plan and paid time off.
QuadReal Property Group will provide reasonable accommodation at any time throughout the hiring process for applicants with disabilities or for those needing job postings in an alternate format. If you require accommodation, please advise the Talent Acquisition team member you are working with and include the following: Job posting #, your name and your preferred method of contact.