Property Accountant

By its name, QuadReal Company is prominently recognized internationally as a preeminent management and project company.

A Property Accountant creates content strategies and oversees the implementation processes in the specific company at the managerial level.

To understand more perspectives concerning the Property Accountant, including the requirements and duties, you must digest the following information below this post.

Job Details

1. Job Category: Property Accountant
2. Company name: QuadReal Company
3. Location: Vancouver, BC, Canada
4. Salary: CA$65,877 per year
5. Job Type: Full Time
6. Req Id: R0003702
7. Availability: Open.

Company Description

QuadReal Property Group is a global real estate investment, operating and development company headquartered in Vancouver, British Columbia. Its assets under management total $67.1 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 companies 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. The role of the Property Accountant (PA) at QuadReal Property Group is to review, analyze and report financial results for a portfolio of properties.

Property Accounting will begin with basic entry-level properties and increase to complex properties following comprehensive training and additional experience.

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.

QuadReal has introduced a mandatory COVID-19 vaccination policy that requires full vaccination against COVID-19 for everyone working in their offices or sites.

Accordingly, a successful candidate offered employment at QuadReal will need to provide proof of full vaccination prior to commencing employment.

Responsibilities

1. Produce monthly Financial Statements according to IFRS or as specified by client policy requirements and other supplementary reports as required
2. Responsible for the portfolio’s monthly and annual reporting cycle, including expense and revenue accruals, capital amortization, monthly deadlines, year-end and budget processes
3. Process leasing and recoveries, including lease review, interpretation and application of relevant clauses, straight-line rent, and operating cost recoveries
4. Utilize budgets and other tools to analyze variances
5. Monitor cash positions with special attention to monthly mortgage payments, payroll billings, management fees, property taxes, GST remittances, capital and leasing costs
6. Anticipate future cash deficiencies and arrange for funding (cash management) and prepare monthly cash reconciliations
7. Monitor monthly percentage rent billings and follow up on outstanding billings
8. Support sites in reconciliation and invoicing of tenants as due
9. Review monthly tenant receivables report for accuracy and potential bad debt provisions as required
10. Monitor and review capital and leasing cost invoice coding for accuracy
11. Review detailed general ledger for coding accuracy
12. Complete year-end operating cost adjustments and tenant billings for assigned properties within 90 days of operating year-end
13. Follow up on the status of budgets throughout the draft, revised, and final stages to ensure completion within the assigned deadlines
14. Ensure new budgeted operating expense rates are provided to Lease Administration approximately 45 days prior to the commencement of the operating year
15. Prepare annual property tax invoices for tenants that do not pay monthly
16. Complete new property set-up, analysis, and follow-up of outstanding issues as required
17. Prepare property sales/turnover, including final operating statements, funds distribution, GST reconciliation, the closing of bank accounts, and any other relevant closing duties
18. Provide input and feedback for improving procedures and initiating quality and efficiency enhancements
19. Communicate efficiently and effectively, in a professional manner, with all BRES employees and clients

Qualifications and Experience

1. Two or more years of related experience in full-cycle accounting combined with general accounting knowledge
2. Post-secondary education in accounting is preferred
3. Intermediate to advanced skills in Microsoft Excel and Word.
4. Experience with specialized computer software is considered an asset, including Yardi Voyager, Construction Manager
5. Ability to allocate one’s time effectively, work under pressure and manage tight deadlines; ability to handle multiple demands and competing priorities, adaptable, detail-oriented, and accurate.
6. Identify and analyze problems; seek direction where required and take informed, decisive action when needed
7. Excellent oral and written communication skills
8. Ability to work well individually and as part of a team; act as a resource and mentor to the accounting team.

Aimglo Say

As a Property Accountant Jobs, you are liable to take calls from customers, answer questions, or address any concerns they may have.

Therefore, they are responsible for planning, organizing, and directing the completion of specific projects for an organization while ensuring they are on time, on budget, and within scope.

While working, you will enjoy the enormous benefits and experience the Property Accountant job produces with the company’s good platform.