SENIOR PROPERTY ACCOUNTANT Reporting directly to the Accounting Manager, the Property Accountant is responsible for adding value to QuadReal by providing meaningful financial information that is professional, accurate and free of material misstatements, while living and embodying the QuadReal values: • • • • •

Integrity – Integrity is our foundation Collaboration – Collaboration is our strength Performance – Performance is our focus Innovation – Innovation is our mindset Responsibility – Responsibility is our promise

Responsibilities include but are not limited to: •

Produce monthly and /or quarterly financial statements as specified by QuadReal policy/requirements

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Incorporate high-level thinking and analysis when preparing financial statements and recognize when to adjust for material items and / or explain material variances

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Utilize analytical skills to review work both at high and grass-root level to present meaningful NOI analysis

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Analyze and understand all balance sheet accounts and reconcile working papers in a meaningful, organized way; ensure all processes related to balance sheet items are completed and reviewed

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Understand property expenditures and revenues; hard book expense accruals, adjusting only when necessary

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Communicate and escalate as required on a timely basis any material issues, reporting or collaboration gaps or roadblocks

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Review and approve leases and lease review checklists thoroughly and in a timely manner; ensure set-ups agree with lease language for all items including, but not limited to; rental charges, security deposits, TI and/or LLW amounts and applications thereof and correct interpretation and application of any other relevant clauses; ensure and maintain proper setup of straight-line rent, recoveries, and any other accounting -related processes that are lease driven

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Ensure files are saved according to QuadReal standard set up on shared drive and/or Commercial Property Accounting Info Site and that they are professional and transparent

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Set up and maintain tenant’s recovery in Yardi recovery model in accordance with lease language; use Yardi recovery model to calculate and record monthly and annual operating costs and realty tax recovery adjustments, billings, and estimates

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Monitor and be aware of large cash flows items; ensure cash distributions/cash calls and HST reconciliations are completed in a timely manner and are free of material errors

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Compile audit files and supporting documentation as required for annual property audits or tenant inquiries / disputes

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Complete year end operating cost adjustments and tenant billings for assigned properties within allotted period according to requirements for asset

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Review capital and leasing job costs monthly; ensure jobs are set up correctly with proper status and current forecast information

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Prepare intelligent property budgets and reforecasts within assigned deadlines adhering to QuadReal process

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Support acquisition and disposition activity as required including post-closing adjustments; ensure trial balances or outstanding items are cleaned up in a timely manner after disposition

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Communicate efficiently and effectively, in a professional manner, with all QuadReal employees and others outside the organization

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Support other departments as needed with reconciliations, tenant inquiries, financial analysis, etc.

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Provide supplementary reporting or details as required by the client

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Provide input/feedback for improving procedures and initiating quality and efficiency enhancements

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Able to perform difficult or complex tasks with minimal supervision; combine knowledge and skill to identify optimal solutions to problems and determine course of action

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Exhibit leadership and mentorship skills; assist or lead training and/or testing as needed

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Other duties as assigned from time to time

Qualifications: •

Qualified or enrolled CPA designation or relevant work experience in full cycle property accounting

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Minimum 5 years commercial/retail property accounting experience, including some supervision of staff

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Previous retail property accounting experience would be an asset

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Relationship Skills: ability to communicate effectively, both oral and written; ability to develop and sustain cooperative working relationships and contribute to a positive work environment; willingness to learn and contribute to a dynamic environment that includes new ideas and change

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Organizational/Multi-Tasking: ability to allocate one’s time effectively, work under pressure, and meet tight deadlines; ability to handle multiple demands and competing priorities; ability to prioritize workload; ability to work and analyze at a high level; willingness to learn in a dynamic environment that includes new ideas and change

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Decision Making Skills – ability to identify, analyze, and solve problems; ability to take decisive action and seek direction when needed

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Computer Skills – intermediate to advance skills in Excel, Word, and other Microsoft Office programs; knowledge of Yardi an asset.

QuadReal Property Group will provide reasonable accommodation at any time throughout the hiring process for applicants with disabilities or for those needing job postings in an alternate format. If you require accommodation, please advise the Talent Acquisition team member you are working with and include the following: Job posting #, your name and your preferred method of contact. QuadReal has introduced a mandatory COVID-19 vaccination policy that requires full vaccination against COVID-19 for everyone working in our offices or sites. Accordingly, a successful candidate offered employment at QuadReal will need to provide proof of full vaccination prior to commencing employment, subject exemptions permitted under applicable employment and human rights legislation. Want to learn about our end-to-end recruitment process? Click this link for a short video that will take you through each step, so you’ll know exactly what to expect. TO APPLY NOW CLICK HERE.