Senior Commercial Property Accountant

Avenue Living Asset Management is dedicated to sourcing, analyzing, and strategizing long-term investments. Our unique approach has led to rapid growth across North America now representing one of Canada’s largest alternative asset managers. Since 2006, we have acquired over $9 billion in assets under management across a variety of sectors throughout Canada and the USA. Our various funds include assets in multifamily residential, self-storage, commercial, as well as agricultural land.   

The strength of our platform lies in working with the right people. Acting with integrity and employing an entrepreneurial mindset, our employees work together to create an exciting, dynamic workplace. By employing an active hands-on approach to asset management, our skilled and innovative team operates closely alongside our investors. We’re disciplined, we focus on value, and we’re informed experts. We pride ourselves on our diverse and inclusive workplace; we are a unique workplace with unique people.  

Reporting to the Commercial Asset Manager, the Senior Commercial Property Accountant supports accounting and operational finance activities for a commercial property portfolio, including month‑end close, operating statements, tenant billings and recoveries, CAM reconciliations, budgeting support, and coordination with Property Management and other finance teams.

WHAT WILL YOU DO?

• Prepare accurate monthly operating statements and complete monthly variance analysis by property and on a consolidated basis.
• Support month-end close, including reviewing rent rolls, recurring entries, and payment processing.
• Prepare tenant billings, including rental advice notices and recovery charges, based on lease terms.
• Maintain and support CAM and operating cost reconciliations, including year-end chargebacks to tenants.
• Partner with the Property Management team to support annual budgets and property-level accounting needs.
• Support tenant account management, including responding to inquiries related to ledger balances and payment arrangements.
• Assist with collections and write-off documentation when required.
• Assist with onboarding new properties and adapting processes to support processes for portfolio growth.
• Support cross functional inquiries from Financial Reporting, Accounts Payable & Accounts Receivable teams, as needed.

WHAT WILL YOU NEED?

• Bachelor’s degree in Accounting, Finance, or a related field.
• CPA designation or actively pursuing one is preferred.
• 3-5 years of experience in commercial property accounting.
• Strong working knowledge of Yardi Voyageur and Advanced Budgeting Modelling.
• Strong analytical ability with experience reviewing and interpreting commercial lease agreements.
• Excellent organizational and planning skills, with strong motivation and attention to detail.
• Strong critical thinking and problem-solving skills, with sound judgement and decision-making ability.
• Strong interpersonal skills with the ability to communicate clearly and work effectively with internal teams and tenants.

WHAT DO WE OFFER?  

• We live and breathe our core values. We go the extra mile. We’re honest. We always have each other's back. We have tons of integrity. And we always own it and adapt – no matter the challenge.
• With the support to do things differently, grow personally and professionally, and bring your whole self to work, there's no limit to the impact you can make.
• An employee centric culture with paid time off for employer supported volunteerism, maternity leave top-up, a generous awards and recognition program, discounted monthly rent in Avenue Living properties, and employee savings program through industry partnerships.
• We are committed to a strong, safe work environment.
• We provide a competitive compensation package composed of a group benefits plan, GRSP matching, and a discretionary bonus program. In addition, Avenue Living also offers an Employee Referral Program that rewards active employees for successful referrals.

 

What makes us different makes us stronger. We want Avenue Living to be a great place to work for everyone; where people feel safe, included, inspired, trusted, and supported so they can be, and bring, their best. We're committed to creating a respectful and inclusive workplace where unique perspectives, experiences, backgrounds, cultures, and attributes are valued and utilized to help achieve better results. As an organization with operations across different geographies, we celebrate the fact that our workforce is made up of people with diverse demographics. We are committed to ensuring our workplace is fair, equitable, and free of discrimination and harassment. Should you require accommodation to participate fully in the recruitment process, please email peopleandculture@avenueliving.ca.

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