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Property Accountant

Beedie

Burnaby, BC

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About the role

At Beedie, we foster talent, encourage innovation, and reward success.

We’re always looking for like-minded people to join our team and share our passion for doing the best work of our lives. Our approach is simple: we work hard, we have fun, and we make a difference. And, we’ve been recognized as a top employer provincially and nationally. Our people are the heart and soul of our organization. If you are passionate, hardworking, ambitious, and want to be part of a dynamic and growing company that will take your career forward, join us.

Position Overview

We are seeking a Property Accountant to take ownership of the full-cycle accounting and reporting for an assigned portfolio of income properties. This role includes managing reconciliations, working capital, budgeting, and forecasting. The successful candidate will collaborate with teams across property management, leasing, accounting, finance, and tax to provide consolidated information and ensure accurate financial reporting. This is an excellent opportunity to play a pivotal role in the financial operations of a dynamic organization.

Key Responsibilities

Property management accounting

  • Maintain lease and tenant information in Yardi, and process annual rent schedules
  • Prepare operating cost reconciliations for tenants and respond to tenant inquiries
  • Review and ensure accuracy of rent rolls
  • Coordinate chargebacks to tenants
  • Calculate monthly management fees
  • Support property budget process
  • Prepare budget variance analysis reports and report significant variances
  • Set up new properties, record fixed asset purchases and set up amortization schedules
  • Support asset valuation calculations
  • Work closely with the property management and leasing teams

    • Full cycle accounting

    • Maintain the general ledger and ensure consistency with GAAP, including accruals, amortization, and bad debts
    • Oversee AR, including reporting and assisting with collections
    • Monitor the AP cycle, including approving invoices and purchase orders
    • Ensure sources and uses of funds are appropriately monitored to:
      • meet working capital requirements in accordance with the budget
      • maintain owner equity requirements including distributions and capital calls
        • Prepare requisitions for intercompany reimbursements and investor distributions
        • Meet monthly, quarterly, and year-end deadlines including preparation interim and year-end reports, trial balances, financial statements, and consolidated working papers

          • Other duties

          • Support treasury team with property financings
          • Review employee expense reimbursement requests
          • Communicate key issues with management
          • Proactively problem solve and identify areas for improvement
          • Assist with special projects and other duties as assigned by management

    Desired Skills and Experience

  • Completion of accounting designation (CMA, CGA, CA, CPA) preferred and university level education
  • Minimum 3 years of progressive experience in property management and a full-cycle real estate accounting environment
  • High level experience in computer skills including Yardi, Microsoft Office (Excel, Word, SharePoint, Teams)
  • Strong attention to detail balanced with a curiosity and awareness of the bigger picture
  • Strong work ethic and sense of responsibility and confidentiality
  • Strong decision making, communication (both verbal and written), and analytical skills
  • Proven ability to work proactively both independently and in a collaborative team environment
  • Able to balance competing priorities and prioritize deliverables while keeping stakeholders informed of progress
    • We value your interest in Beedie.  While we can only respond to shortlisted applicants, we will keep your information on file and consider you for future opportunities as they come available.