Team Lead, Property Accounting

Join to apply for the Team Lead, Property Accounting role at Avison Young
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Avison Young is a global commercial real estate brokerage and advisory firm that offers transaction, management, financial, and consulting services. Our corporate structure is designed to best serve our clients by enhancing collaboration across the organization. We are committed to providing a comprehensive suite of commercial real estate services while fostering a supportive and inclusive workplace culture for employees. Our collaborative approach and emphasis on personal and professional growth create an environment where individuals can thrive.

Real estate can significantly impact people’s lives – and we’re in the business of making spaces and places work better for people. Our purpose is to create real economic, social, and environmental value as a global real‑estate advisor, powered by people.

• Accurate input of data provided by Property Managers
• Review all leases and related accounting lease abstract forms
• Review and approve AR including billing adjustments, security deposit refunds, etc.
• Review and approve AP vendor invoices for property number, coding, description and approvals
• Review rental edits (scheduled charges)
• Review and input budgets
• Review and approve CAM/Escalation reconciliations and related billing adjustments
• Prepare bank reconciliations
• Prepare banking forms as needed (e.g., Stop Payment Requests, Bank Request Form for banking issues or discrepancies)
• Ensure monthly mortgage, land lease, or other recurring monthly payments are processed timely to avoid penalties
• Prepare sales & use tax forms and related backup schedules to ensure accurate and timely payment of amounts due
• Review business license/tax for accuracy and process payment timely
• Prepare financial statements (mostly cash basis with occasional accrual, if appropriate)
• Prepare and enter journal entries—standard, recurring, reversing, adjusting, reclassing, prepaid rent, accruals, etc.
• Ensure accurate and timely monthly financial statements
• Approve (initial & date) weekly cash requirements and attach a cash balance report to show monies are available
• Maintain cash balances as directed by portfolio controller, accounting manager or client
• Prepare wire transfers to move monies as needed
• Prepare funding requests as needed for capital or operating
• Prepare owner distributions as needed
• Prepare secondary Excel or Word reporting schedules for (but not limited to) depreciation, amortization, security deposits, loan schedules and balance sheet schedules
• Prepare and process monthly fees due—including management fees, asset management fees, TI or construction fees, etc.
• Reconcile balance sheet accounts monthly
• Prepare audit packages for auditors and controllers
• Print and review AR aging with property manager weekly
• Review rent roll monthly with property manager
• Follow and adhere to Avison Young and client policies and procedures
• Process and complete special projects as requested by Vice President Finance, accounting manager, client, or property manager
• Assist in the review, analysis and collection of Avison Young corporate accounts receivable—including payroll reimbursements, management fees, lease commissions, construction supervision fees
• Prepare and submit to supervisor a written action plan for desk coverage during absences

• B.S. or B.A. degree in Business Administration or Accounting
• One (1) to five (5) years of Property Management Accounting Experience
• In lieu of a B.S. or B.A. degree, must have 5 or more years’ experience in Property Management accounting

• Ability to read, analyze, and interpret tenant leases, management agreements, and financial narratives
• Ability to effectively present information and respond to questions from Property Managers, Controllers, Accounting Managers and Property Accountants
• Ability to write reports and business correspondence
• Requires a positive attitude and good interpersonal skills
• Strong verbal and written communication skills
• Requires a high level of commitment to customer service, whether with co‑workers or clients

• Ability to add, subtract, multiply and divide in all…