Company Overview: Kipling Group Inc. is a multifaceted commercial and residential real estate organization that focuses on property management and leasing. With over $10 billion in assets under management and managing over 130 properties of various asset types across the country, Kipling offers integrated property management solutions tailored to the needs of a diverse clientele. Our services encompass building operations, accounting, administration, human resources, risk management, leasing, marketing, project management, and specialized tenant services. Job Description Kipling is currently seeking a Senior Property Accountant (Multi-Family) to support a growing multi-family real estate portfolio and accounting team in Toronto, ON. This role will be responsible for managing the full-cycle accounting and financial reporting for an assigned portfolio of multi-family properties. The successful candidate will work closely with property management and other internal departments to ensure accurate financial reporting, support operational decision-making, and maintain strong financial controls. Responsibilities Prepare monthly, quarterly, and annual financial statements and supporting working papers for an assigned portfolio of multi-family properties Perform detailed variance analysis of revenue and expenses and provide explanations in collaboration with property management Prepare and support the development of annual budgets, forecasts, and reforecasts Manage rental billings, tenant recoveries, and adjustments in accordance with lease agreements Analyze and reconcile tenant accounts, investigate discrepancies, and assist with resolution of tenant disputes Prepare cash flow analysis and owner distributions Analyze and prepare tenant escalations and annual adjustments Maintain and update fixed asset and depreciation schedules Monitor and report on capital expenditure programs, landlord work, and tenant improvement projects Ensure accuracy of general ledger reconciliations and financial records Work closely with Lease Administration, Property Operations, Accounts Receivable, Accounts Payable, Tax, Finance, and Legal teams to gather information required for financial reporting Act as a key financial liaison with Property Managers, supporting operational and financial decision-making Identify opportunities to improve accounting processes and reporting efficiencies Qualification CPA designation or actively pursuing CPA considered an asset 4-6+ years of experience in property accounting, preferably within multi-family or residential real estate Strong knowledge of financial reporting and property accounting practices Excellent attention to detail and ability to manage multiple deadlines Strong analytical and problem-solving skills Excellent communication and interpersonal skills Experience with Yardi or similar property management systems considered an asset Kipling supports equal opportunities and invests in a diverse and multicultural work force that values individuals with unique personalities, goals, backgrounds and views. This reinforces Kipling’s culture, enhances collaboration and makes for an inclusive work environment. #J-18808-Ljbffr
Senior Property Accountant (Toronto)
KIPLING GROUP INC
toronto, toronto
Published 27 days ago
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