What are the responsibilities and job description for the Retail Property Accountant position at Morguard?
Company Description
Morguard is a fully integrated real estate company. We strategically invest in high-quality, well-located, multifamily assets across North America and our onsite teams are critical to our Communities' success.
Job Description
The Retail Property Accountant is accountable to the Retail Financial Accounting Supervisor, Accounting for the timely and accurate completion of various accounting activities for an assigned portfolio of mixed use real estate investments and for ensuring all financial reporting is timely, accurate, is completed in compliance with company’s accounting policies and procedures.
DUTIES AND RESPONSIBILITIES
1. General Accounting
- Responsible for maintenance/oversight of the day-to-day general ledger transactions, including drafting and input of journal entries, liaising with other departments, accountants, managers, controllers in order to maintain an accurate and transparent accounting process.
- Responsible to maintain fixed asset ledgers, to include entry into FAS software, which then in turn calculates depreciation.
- Preparation of annual billings and CAM reconciliations as deemed necessary by tenant’s lease agreement.
2. Financial Reporting
- Prepares and reviews a variety of financial reports/statements including but not limited to the monthly/quarterly financial statements and related reporting packages, exception reports, annual budget and forecast, to ensure completeness and accuracy of head office transactions as well as the completeness, accuracy & integrity of statements/reports.
3. Reconciliations and Compliance Processes
- Prepares and when assigned, reviews monthly/quarterly accounting, compliance and vendor/tenant reconciliations and in addition to identifying any discrepancies works with the appropriate individuals to resolve to ensure completeness, accuracies, and integrity of statements.
- Participates in the filing of regulatory documents.
4. Support to Quarterly/Annual Audit Process
- Assists with the audit processes through the preparation and compilation of the working papers and financial statements in addition to helping resolve external audit queries.
5. Support to Annual Forecast and Budget Process
- Assists Property Managers and Accounting Managers during the annual forecast and budgeting process.
6. Other Corporate Accounting Duties
- Assists or completes ad hoc projects assigned by Manager or Comptroller (ex. assisting with the research, development and implementation of emerging technical accounting requirements or processes) to ensure that the corporate finance group is complying with current standards and is prepared for any changes to such standards in the future.
Qualifications
Skills, Knowledge, Experience and Education
- College Diploma in Accounting or Business Administration or equivalent
- Minimum of 2 years of relevant accounting experience
- Enrollment in an accounting designation course
- Intermediate to advanced working knowledge of MS Office applications.
Core Competencies
- Good communication skills (both written and verbal)
- Good analytical skills
- Good organizational skills
- Independent worker with the ability to self manage time
- Willing to work under pressure to meet deliverable deadlines
- Ability to be open minded and take on new responsibilities when deemed appropriate
- Independent thinker and strong initiative
- Attention to detail.
- Excellent work ethic
- Positive attitude towards job duties, position and co-workers
ADDITIONAL REQUIREMENTS
- General understanding of US GAAP and IFRS is an asset.
- Career plan to obtain an Accounting Designation is an asset.
- Yardi software
Additional Information
Why you should join Morguard
At Morguard, our employees are our greatest investment. We make people our priority and strive to create a culture of respect, health and safety, and equal opportunity to support employees to meet their goals.
When you join Morguard, you join a strong and committed team and will have access to:
- Employer Provided Medical Insurance Options
- Excellent culture that supports a work-life balance with time off for Summer Hours, Vacation, Personal, Sick Leave, and Paid Holidays
- Education Reimbursement Program
- Dollar for dollar matching 401k Savings Plan with immediate vesting
- Opportunity to live onsite within our portfolio with our Employee Housing Discount, subject to availability
All job offers are subject to a pre-employment drug test and criminal/credit background check.
*Morguard is an equal opportunity employer
This job description is intended to describe the nature and level of work being performed by individuals assigned to this position. It is not an exhaustive list of all responsibilities required of the job. Job descriptions may also be rewritten periodically to reflect any changes in the position’s duties.
Morguard is an equal opportunity employer. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status.
Morguard participates in the E-Verify program to confirm eligibility to work in the United States.
PRIVACY