Property Accountant

Position Title:

Property Accountant
Salary & Benefits: $60,000-$75,000 plus benefits and 3 weeks vacation

Position Status: Existing vacancy

Location:

Ottawa, ON
Work Model:
Onsite
Additional Notes:
Our client is a cornerstone to the Ottawa home building market. They are currently seeking a Property Accountant to be responsible for full-cycle accounting for a portfolio of residential and commercial properties. This role supports financial reporting, budgeting, and operational decision-making by ensuring accurate and timely accounting records. The ideal candidate has hands-on experience with Yardi, strong attention to detail, and the ability to manage multiple properties and stakeholders in a fast-paced real estate environment.

Key Responsibilities:

Property Accounting & Financial Reporting

• Manage full-cycle accounting for assigned residential and commercial properties
• Prepare monthly, quarterly, and year-end financial statements for each property
• Record journal entries, accruals, and adjustments in Yardi
• Perform bank account and balance sheet reconciliations
• Maintain general ledgers and supporting schedules

Accounts Payable & Receivable

• Oversee accounts payable, including invoice review, coding, approvals, and payment processing
• Manage accounts receivable, including rent roll review, tenant billings, CAM recoveries, and collections
• Reconcile rent, tenant deposits, and prepaid expenses

Budgeting & Forecasting

• Assist with annual operating budgets and reforecasts for residential and commercial assets
• Monitor actuals against budget and investigate variances
• Support development and lease-up accounting as required

Year-End & Audit Support

• Prepare working papers and schedules for external auditors
• Support year-end closings and audit requests
• Assist with property tax reconciliations and support filings as needed

System & Process Management

• Maintain accurate property setups in Yardi (units, tenants, leases, chart of accounts)
• Ensure data integrity across accounting and property management modules
• Identify opportunities to improve accounting processes and controls

Stakeholder Collaboration

• Work closely with property management, leasing, development, and finance teams
• Respond to internal and external inquiries related to property financials
• Support senior management with ad hoc financial analysis and reporting

The ideal candidate will have a diploma or degree in Accounting, Finance, or a related field, with at least 3–5 years of hands-on property accounting experience supporting residential and commercial real estate portfolios. Strong working knowledge of Yardi is required, including experience with general ledger maintenance, rent rolls, AP/AR, reconciliations, and financial reporting. The successful candidate will have experience managing full-cycle accounting in a multi-property environment, a solid understanding of lease accounting and common area maintenance (CAM) recoveries, and strong proficiency in Excel for reconciliations and financial analysis.

A CPA designation, or active progress toward one, is considered an asset but not required. This role requires excellent attention to detail, the ability to meet competing deadlines, and strong communication skills to collaborate effectively with property management, leasing, and senior finance stakeholders.

What will make you stand out:

• Experience supporting residential or commercial property accounting, including draws, CAMS, holdbacks, and cost tracking
• Yardi expertise, including system setup, reporting optimization, or process improvements
• Exposure to budgeting, forecasting, and variance analysis across mixed-use or growing portfolios
• Experience supporting year-end audits and working directly with external auditors

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At Recruiting in Motion Ottawa, AI-powered tools may be used to support various administrative aspects of our recruitment process. We do not use AI for screening or decision-making. All applications are reviewed, and all hiring decisions are made by qualified recruitment professionals and hiring managers to ensure fairness, transparency, and consistency.