JLL is hiring a Senior Property Accountant to join a client financial team. As a senior member, you will be responsible for the financial statements and analysis of a portfolio of buildings with varying complexity. Your expertise in property accounting will provide day to day guidance to the property management team as well as special projects and operational improvements.
WHAT YOU'LL BE DOING
Prepare monthly, quarterly and year-end reconciliations
Maintain and update monthly and annual general ledger account reconciliation working papers
Responsible for property accounting journal entries including operating expense accruals, revenue accruals, amortization, depreciation, and other entries as the need arises.
Review, code, and ensure processing of accounting related accounts payable such as audit fees, property taxes, and tax remittances (GST/HST/QST/State Tax/etc.).
Prepare annual municipal property tax and other regulatory related financial and operational reporting requirements for review.
Calculate and prepare tenant chargebacks as required such as direct use utilities to tenants.
Setup and maintain straight line rent and responsible for straight line rent variance analysis.
Create and maintain tenant CAM & TAX recovery models in accordance with tenant lease terms and prepares tenant year end CAM and Tax billings/invoicing in accordance with tenant lease terms
Prepare monthly bank reconciliations
Review and input Accounts Payable vendor invoices for property number, coding, description and approvals
Create and monitor cash flow projections, prepare cash call and distribution instructions.
Reconcile and maintain a full understanding of all balance sheet and income statement accounts and prepare a detailed variance analysis of revenue and expenses
Prepare annual budgets and input in Kardin
Setup new vendors
WHAT WE'RE LOOKING FOR
Bachelor's degree in business administration, accounting or equivalent
Three to five years of experience in general accounting; experience in real estate accounting an asset
Advanced proficiency in Microsoft Office applications (Excel); knowledge of Yardi an asset
Expertise in property accounting including tenant recoveries and real estate accounting theory, concepts, and standards.
Effective time management skills, works well under pressure to meet tight deadlines; ability to prioritize multiple demands and competing priorities; ability to work and analyze at a high level; willingness to learn in a dynamic environment that includes new ideas and change
WHAT'S IN IT FOR YOU
Join an industry leader and shape the future of commercial real estate
Deep investment in cutting-edge technology to power your work
Comprehensive and competitive benefits plan
A supportive, caring and diverse work environment designed for your growth and well-being