Property Accountant

Corporate-Canada Richmond Hill, Ontario

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Description

ROLE:                               Property Accountant 

REPORTS TO:                  Manager, Property Accounting

LOCATION:                       Hybrid / Corporate Office in Richmond Hill

SALARY:                           $68,000–$78,000, up to 5% discretionary incentive target*

COMPANY OVERVIEW    

Venterra Realty is a growing developer, owner, and operator of multifamily apartments with 90 mixed-use and multifamily communities across 22 major US cities. Over 50,000 people and more than 10,000 pets call Venterra "home"! The Venterra Team is focused on achieving excellence in serving its three major stakeholders: residents, employees, and investors. Venterra has enjoyed tremendous growth and financial success over its 24-year history. This success has been achieved through the exceptional commitment and dedication of Venterra's approximately 950 team members. Find out more about Venterra Realty and its award-winning company culture at Venterra.com.

We’re thrilled to be recognized as a leading workplace with numerous prestigious awards year after year!

US Awards:
Canada Awards:
         
        Explore our communities at VenterraLiving.com, and visit Venterra.com to learn more about how we’re out-caring the competition by staying true to our value proposition: “We care more about renter experiences, which drives superior results.” 
         

        THE OPPORTUNITY

        Venterra is building a high-performance accounting and finance team focused on delivering financial insight and value-added analysis. We are blurring the lines of finance and technology to support the company’s rapid growth and expansion efforts. Our organization is in the fortunate position of attracting investment capital and using our track record to grow our business and deliver value to our investors and residents.

        Our Property Accounting team is seeking a Property Accountant (PA) who will report to the Property Accounting Manager. The PA will join at an opportune time as we are well-capitalized, expanding into new asset classes, and evaluating new geographies. We are looking for someone with strong financial accounting aptitude, a passion for technology, and a roll-up-your-sleeves mindset to drive process improvement and streamline existing workflow. Our Property Accounting team is on an exciting journey where the month-end cycle is getting shorter and technology is being embedded in everything we do. You will deliver high-quality financial reporting to management, work with technology, and build your accounting, audit, and US tax acumen to support investor needs.

        Within our accounting and finance group, you will be exposed to strong leaders with a passion for the business and a relentless drive towards excellence. As you tackle new challenges and grow your skills, you will have the opportunity to expand your responsibilities as the business continues to flourish in an ever-changing external environment.

        The Property Accountant role is also a pre-approved position with CPA Ontario that allows CPA students to satisfy all of their CPA Practical Experience Requirements.


        KEY JOB RESPONSIBILITIES  

        Property Accounting

        • Full cycle accounting support for a portfolio of properties, including journal entries, reconciliations, financial statement preparation, and budget evaluation.
        • Perform monthly variance analysis and identify key drivers impacting financial performance.
        • Support the financial setup of acquisitions, dispositions, and refinancing/ supplemental loan transactions.
        • Collaborate seamlessly with Operations, Corporate Accounting, Investor Reporting, Payroll, Acquisitions, Finance, and Accounts Payable to answer property accounting queries and provide insights.
        • Contribute to portfolio-wide initiatives such as executive reporting, investor packages, property tax, retail CAM reconciliations, and loan requirements.
        • Assist with audit engagements on behalf of equity partner investors and other authorities.
        • Prepare year-end schedules and review US partnership tax returns for investors.

        Projects and Continuous Improvement 

        • Critically assess current processes and implement innovative recommendations either on an individual or team huddle basis.
        • Demonstrate curiosity for technology and a positive attitude with a never-ending pursuit of excellence mindset.
        • Work on portfolio-wide initiatives to support building new reporting and analysis.

             CANDIDATE PROFILE      

            • 2-5 years of experience in accounting, audit, or financial analysis (property management accounting preferred).
            • Proficient in Microsoft Excel; experience in VBA and SQL is considered a strong asset.
            • Enrollment in a CPA or financial designation program is considered a strong asset.
            • Enjoys working in a dynamic work environment and taking on new challenges.
            • Natural curiosity and willingness to dig into the details and learn new skills.
            • Strong communicator and excellent time management skills.
            • Well-developed attention to detail and analytical skills.
            • Passion for finance and the data-driven approach to decision making.
            • Aptitude to leverage technology to gain efficiencies and improve processes.
            • Team first mentality and strong ability to work autonomously to deliver results.
             

            Venterra Realty is an equal opportunity employer. Accessibility accommodations are available on request for candidates taking part in all stages of the selection process. We are actively recruiting for an existing position; Artificial Intelligence (AI) is not used during our recruitment process for this role.

            *The base salary range is intended to reflect the role's base salary rate in locations throughout Canada. Salary ranges are determined through interviews and a review of education, experience, knowledge, skills, abilities of the applicant, equity with other team members, alignment with market data, and geographic location. The base salary range does not include any bonuses or benefits.

             

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