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Careers

Senior Property Accountant

About Equiton:

Equiton is an independent, full-service exempt market dealer, portfolio manager and investment fund manager. We specialize in private capital markets with a focus on providing high-quality private capital market and alternative investments.

Our goal is to provide exemplary service through open, honest, and transparent communication. We aim to promote trust and respect among our employees, investment Founded in 2015, Equiton is a recognized leader in private equity investments and is approaching half a billion in assets under management. Our exponential growth is a direct outcome of our leadership team understanding how the industry works and how to create long-term wealth through real estate investing. We’ve discovered that finding the right opportunities involves time, experience, and discipline.

Our strategy is always forward-looking, anticipating trends and adapting our selection to strengthen our market position, capitalizing on value creation opportunities, and building the most robust portfolio possible for our investors. We attract exceptionally talented people and create an atmosphere that rewards initiative, independent thinking, and integrity.

About the Role:

The Accounting & Financial Reporting team plays a critical role in the financial reporting of Equiton Group financial statements, the development and implementation of accounting and financial policy guidelines, and the support of investment initiatives and structures.

Reporting to the Divisional Controller, Properties, the Property Accountant will assist with the accounting, reporting and day to day operations of Equiton’s properties under management.

This position will collaborate with various teams and work closely with Acquisitions and Development, Property Management, Legal, and Accounting to ensure we apply best practices and methodologies in accounting and financial reporting.

The successful candidate must have solid communication, technology, analytical and management skills. Candidates should possess solid knowledge of full cycle accounting, financial reporting with exposure to IFRS and have experience with Yardi.

Key Functions and Responsibilities:

  • Prepare and review monthly property packages and forecasts for accuracy, consistency, and completeness – includes preparing detail variance analyses of balance sheet, revenue and expense accounts
  • Process accruals of POs, utilities, contract and non-contract expenses
  • Ensure accounting policies and procedures are followed
  • Prepare month-end journal entries, accruals, realty taxes, management fee calculations, etc.
  • Calculate properties ratios and KPIs
  • Prepare monthly rent billings and electronic pre-authorized rent payment transfers, analyze outstanding arrears reports
  • Reconcile multiple properties bank accounts, maintain the G/L and working paper files for all properties, prepare management accounts and working papers files
  • Book journal entries required to reflect the monthly activity such as expenses and payables as well as revenues and receivables
  • Help with the preparation of annual budgets for properties by preparing supporting schedules, variance analysis and coordinating with other departments
  • Prepare aging for Accounts payable and receivable and calculate allowance for doubtful accounts
  • Interpret business results to put them into the appropriate context for others to act upon
  • Assist in the preparation of monthly Financial Statements
  • Assist in the preparation of annual audit working papers and liaise with external auditors
  • Review and generate monthly billings
  • Prepare HST remittance for each property
  • Exercise the highest level of discretion regarding release of very confidential information
  • Ad hoc responsibilities as required

Required Business Skills:

  • Excellent communication skills (written and oral) with the ability to articulate ideas and concepts clearly and concisely
  • Strong collaboration and customer service – approachable and supportive of internal and external customers and take pride in your work, while striving for success
  • Goal and results-oriented – reliable and can be counted on to meet and exceed goals, and steadfastly move self and others towards results – advocate of change, generator of new and improved ideas, creative problem-solving and take initiative
  • Analytical and forward-thinking – tackle problems by using a logical, systematic and sequential approach, anticipating problems and contingency plans

Education and Experience:

  • CPA designation (or in progress)
  • 3-5 years related experience in a real estate or property management environment
  • Advanced knowledge of financial reporting requirements, budget planning, forecasting and GAAP
  • Yardi Voyager experience preferred but not required
  • Basic knowledge of legal documentation
  • Strong knowledge of Excel, Word, and PowerPoint

Our Commitment to Diversity, Equity and Inclusion

In addition to being dedicated to building a workforce that reflects diverse talent, we are committed to fostering an inclusive and accessible experience where all employees feel valued, respected and supported. We are an equal opportunity employer that values a culture that reflects and celebrates diversity of thought, background and experience. If you require an accommodation for any part of the recruitment process (including alternate formats of materials, accessible meeting rooms, etc.), please let us know, so that we will work with you to meet your needs. We thank you for applying, however, only those selected to continue will be contacted.

BENEFITS

At Equiton, you’ll be joining a team defined by its experience, integrity, dedication and results. Your dedication, entrepreneurial spirit and hard work will be rewarded in the short and long term. We know that in order to deliver for our clients, we have to deliver for our employees. We’re all in this together.

Expectations & Rewards

This is a demanding and challenging environment. We have high expectations for every member of our team. Those who can deliver will receive rewards that correspond to their efforts.

Entrepreneurial Spirit

At Equiton, you will be joining a determined and dedicated team of entrepreneurial professionals committed to serving our clients and generating long-term value.

Culture of Success

We are invested in our employees’ careers, and provide the support and incentives necessary to ensure everyone is set up for both short- and long-term success.

OUR PRINCIPLES

Principles mean something here. They are what set us apart from others. They are the reason we are successful today, and why we will be in the future. We live and breathe these principles every single day, and encourage everyone that joins our team to share our belief in their value – to our customers, and to each other.

Honesty

An open and honest relationship is the only way to build trust. Transparency, fairness and respect are the cornerstones of our culture.

Entrepreneurship

One of the many ways that Equiton is different is our entrepreneurial spirit. We are always looking for new opportunities and innovative ways to build wealth for our clients.

Hard Work

We take a hands-on approach to our investments, taking the time to do our homework, and fully understand everything about our assets and the markets in which they are located.

Dedication

Every member of our team is dedicated to achieving excellence in everything we do. From the smallest details to major real estate investments, we are true professionals.

Collaboration

We’re stronger together, regularly sharing our years of experience and range of knowledge in a team environment in order to achieve better results for our clients.

Results

Everything we do is driven by a simple goal: to deliver the best investment results possible for every single one of our clients.