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Company:
Leyad
Location:
CA -
Montreal
Category:
Financial
Posted: May 22, 2025
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Director of Real Estate Accounting at BTB Real Estate Investment Trust
We are seeking a detail-oriented and experienced Senior Property Accountant with a strong background in commercial real estate accounting to manage the financial operations of our diverse portfolio of Commercial Properties in Eastern and Western Canada. The ideal candidate will be analytical, detail-oriented, and capable of producing accurate and timely financial reports. This role requires strong knowledge of real estate accounting, lease structures, and property-level budgeting.
Key responsibilities :
- Analyze and interpret lease agreements to determine billing obligations, recoverable expenses, and rent escalations.
- Process and enter leases in the accounting software.
- Collaborate with property managers and the leasing team to stay updated on lease amendments, renewals, and tenant changes.
- Complete month-end and year-end close processes by preparing and reviewing journal entries, account reconciliations, and financial statements to ensure timely and accurate reporting.
- Conduct variance analysis and provide explanations.
- Calculate and prepare 13th invoice provisions as part of the month-end close.
- Maintain the general ledger and ensure all financial transactions are properly recorded.
- Coordinate with internal departments to gather and verify financial information.
- Assist with budgeting, forecasting, and financial planning.
- Identify opportunities for process improvement and implement best practices in accounting operations.
- Mentor and supervise accounting technicians, approving daily tasks such as cash receipts, bank reconciliations, utility invoice coding, and chargebacks.
- Assist with other projects as needed.
Qualifications :
- College degree in Accounting, Finance, or a related field.
- CPA designation or progress toward CPA preferred.
- Minimum of 5+ years of property accounting experience, specifically with commercial real estate.
- Strong understanding of lease administration and real estate accounting principles (e.g., CAM, straight-line rent, recoveries).
- Proficiency in Yardi, MRI, or similar property management/accounting software.
- Advanced Excel skills and familiarity with financial reporting tools.
- Strong analytical, communication, and organizational skills.
- Ability to manage multiple deadlines and priorities in a fast-paced environment.
Additional Information :
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Accounting / Auditing, Administrative, and Finance
Industry: Accounting and Financial Services
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