About the Role
Manage the full accounting cycle for a portfolio of commercial properties. As Senior Property Accountant, you will perform a broad range of accounting responsibilities to ensure accurate financial reporting and support informed financial decision-making. Reporting to the Senior Manager, Property Accounting, you will collaborate across the organization to support property-level accounting, financial reporting and operational insights, contributing to the financial performance of Allied’s portfolio.
Responsibilities
- Responsible for full monthly accounting cycle of a portfolio of commercial properties, including journal entries, bank reconciliations, HST remittances.
- Maintain fixed asset module and prepare amortization entries.
- Prepare monthly operating costs and tax recovery estimates and maintain tenant recovery setup using Yardi.
- Perform Recovery Calculation, analyze recovery ratio and prepare shortfall analysis.
- Review and analyze financial statements and perform variance analysis.
- Analyze, reconcile, and maintain monthly working papers for balance sheet accounts.
- Ensure all reporting deadlines are met and accounting practices align with accounting policies and internal procedures.
- Prepare final annual operating costs and tax recovery adjustments and billings, including preparing CAM audit statements.
- Perform Joint Venture related tasks: cash flow analysis, management reports and responding to co-owner queries on a timely manner.
- Perform full cycle quarterly forecast and annual budget.
- Assist with audit queries, property appraisals and property tax appeals as needed.
- Assist with ad hoc projects as required.
Requirements
- University degree or College diploma in Accounting or related field.
- Accounting designation or enrolled in an Accounting designation program.
- Minimum 2-3 years of experience in Commercial property accounting or in the real estate industry.
- Advanced MS Office skills; especially in Excel and Word.
- Yardi and Joint Venture experience is preferred.
- An assertive self-starter with the ability to work independently under minimal supervision.
- Strong interpersonal skills, proven ability to build relationships and effectively collaborate in a team environment.
- Strong analytical, problem-solving and time management skills, high level of attention to detail and ability to work under tight deadlines.
Skills
- MS Office
- Excel
- Word
- Yardi
- Joint Venture
- Accounting
- Financial Reporting
- Financial Analysis
- Problem-solving
- Time Management
- Attention to Detail
Experience Level
- 2-3 years
Education Level
- University degree or College diploma in Accounting or related field
- Accounting designation or enrolled in an Accounting designation program
Salary/Compensations
- $83,000 - $95,000 a year
Benefits
- Shared financial success and an ownership mindset
- Eligible employees participate in performance-based bonus programs and a retirement savings program, with the option to invest in traditional funds or Allied units.
- In addition to vacation, employees receive six personal days and half-days before statutory holidays.
- Comprehensive, company-paid health benefits include vision and dental coverage, along with a healthcare spending account.
- An employee assistance program is available to provide confidential support when it is needed.
- Employees are encouraged to contribute beyond the boundaries of their role, collaborate across disciplines and develop a broad understanding of the business.
- Ongoing professional development and a mentorship program support growth through structured learning and day-to-day engagement with experienced colleagues across the organization.
- Each year, employees are provided with a paid volunteer day to contribute time and effort to a cause that is personally meaningful to them.
About the Company
- Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities.
- Our work is grounded in a clear purpose: to provide knowledge-based organizations with distinctive urban environments that support creativity, connectivity and human wellness.
- Our vision is more expansive. We seek to make a continuous contribution to cities and culture that elevates and inspires the humanity in all of us.
- This vision informs how we operate, how we design and how we lead.
- Real estate, for us, is not a passive investment. It is a profoundly human endeavour, one that must promote wellness, sustainability, diversity and creativity—today and for generations to come.
- Allied is also a place to build a career of consequence. If you are looking for work that is thoughtful, tangible and enduring—work that contributes meaningfully to cities and the people who inhabit them—you will find purpose here.
Equal Opportunity
- We are committed to hiring the most qualified candidates with a dedication towards supporting diversity, equity and inclusion across our organization.
- All qualified applicants will receive consideration for employment without regard to gender, ethnicity, origin, sexual orientation, disability and socioeconomic background.
- Diverse perspectives strengthen our organization and help us deliver better outcomes for our tenants, partners and communities.
- All qualified candidates are encouraged to apply.
