Property Accountant (6-Month Contract)

Who We Are

For over 30 years, our entrepreneurial mindset and strategic vision have fueled our growth into one of Canada’s largest and most successful REITs. Our retail-focused and mixed-use portfolio reflects our commitment to creating vibrant community spaces where people want to shop, live, work, and play. We take pride in our strong legacy while continuously adapting, innovating, and investing in the future. We’re proud to be recognized as one of Canada’s Most Admired Corporate Cultures, Canada’s Greenest Employers, Canada’s Best Diversity Employers, and a Greater Toronto Top Employer.

At RioCan, we believe our people are our greatest strength. We foster a welcoming, inclusive culture where employees can connect authentically, grow continuously, and bring their whole selves to work. Here, you’ll find opportunities to learn, lead, and make an impact every day.

POSITION OVERVIEW

This role is located at our Lawrence Allen Centre location. Reporting to the Manager, Property Accounting, this position provides financial / accounting assistance to the largest and most complex portfolio(s) of properties through the maintenance and analysis of records or ledgers, preparation of financial statements and reconciliation of property accounts.

RESPONSIBILITIES

• Prepare and post journal entries for expense accruals, mortgage payments, etc;
• Code and approve utility expenses and legal invoices for Accounts Payable;
• GL coding for cheque deposits by Revenue Control;
• Liaise with Property Manager, Asset Managers, Recovery Accountants, etc. to resolve tenant issues;
• Coordinate between departments (ie; Tax department – interim and final tax bills, property assessment, etc; Recovery Accounting department – monthly recovery calculations, tenant disputes, etc;
• Plan and prepare Month-End reporting periods (pre-booking journal entries, accruing revenue for management fees, etc.);
• Review lease summaries for accuracy (ie; rates, square footage) and proper accrual of tenant revenue not set up in Yardi;
• Prepare cheque requisitions for property taxes, GST, Promo Fund, etc;
• Bank reconciliations, GST Remittances, Revenue Forecasting, Cash Flow Statements;
• Maintenance of Fixed Assets set up and disposal of new assets;
• Prepare management reports;
• Prepare Month-End reporting packages;
• Budget re-forecasting;
• Prepare Statement of Adjustments for acquisition of properties;
• Prepare and respond to inquiries for the interim and annual audits;
• Annual budget preparations;
• Respond to questions regarding internal review (GROC, A/R, Percentage Rent);
• Prepare Co-owners statements (management reports and monitor cash flow position;
• Monthly generation, posting and review of automated expense accruals;
• Respond to team member inquiries regarding day to day duties;
• Provide ongoing training / assistance for team members as required;
• Other duties / projects as assigned.

QUALIFICATIONS

• College Diploma or University Degree in Finance or Accounting;
• 3 – 5 years’ previous experience in Property Accounting;
• Previous experience in preparing financial statements and working papers;
• Experience with Yardi is an asset;
• Proficient in Word, Excel and Outlook;
• Excellent communication, customer service and problem solving skills;
• Proven organizational skills and ability to cope with changing client needs.