First Gulf is a proven market leader with more than $5 billion in developed assets. Offering development, construction, leasing, finance, and property management expertise, we provide clients with unique and exciting market opportunities. Within the Greater Toronto Area alone, our team has completed development and construction of more than 5-million sf of premier, LEED®-certified office space, with another 2-million sf currently under construction. Within the industrial sector, First Gulf has constructed over 6-million sf of space, with an additional 6-million sf currently in the pipeline. First Gulf also manages over 4-million sf of fully operational buildings.
All companies under the Great Gulf umbrella are united by one simple goal: the pursuit of greatness. It’s achieved daily with the passion and dedication of every person who works tirelessly to make us great. If you have what it takes to make great things happen, apply today to join our team!
First Gulf is seeking a Property Accountant to join our team in Toronto!
Key Responsibilities
- Responsible for all aspects of property accounting and financial reporting for a mixture of retail, office, industrial and mixed-use properties.
- Prepare on a monthly basis the property management reports including the full set of financial statements, property summary, variance analysis and subledgers.
- Prepare on a monthly basis the accrual of CAM/Realty tax recoveries; as well as preparing the annual year end tenant reconciliations together with the invoices to tenants.
- Prepare annually the year end files for the review/audit engagement of external auditors as well as for the internally issued year-end financial statements.
- Prepare in coordination with the operations group the annual operating budget and cash flow budget of the properties.
- Prepare the cash position of properties on a monthly basis, determine distribution or cash call to owners, and monitor that funds are received.
- Assist in the preparation of the property cash projection models updated on a regular basis as required.
- Liaise with the property operations group in analyzing variances as well as on other matters related to the monthly reporting.
- Liaise with the external auditors in responding to queries related to the year-end working paper files.
- Respond to queries and requests from the accounting group of the co-owners.
- Provide information requested by lenders and other third parties related to the financial statements of the properties.
- Coordinate with the accounts payable group for cut off period as well as the calculation of management fees.
- Special projects upon request.
Qualifications
- University Degree or Diploma in Accounting
- Enrolment in CPA program or equivalent post-secondary program is an asset
- Minimum 1-2 years related Property Accountant experience
- Working knowledge of Yardi Voyager 7s is preferred
- Working knowledge of Microsoft Office and Windows environment
- Strong communication and organizational skills
- Strong inter-personal skills
- Ability to adapt and prioritize time sensitive tasks and heavy workload
- Flexibility to meet tight deadlines, requiring additional hours as necessary
We encourage you to apply, even if you don’t meet all the qualifications. If you are the right candidate, we will help you learn and grow.
Why join First Gulf?
- Opportunity to work for a leading real estate development company
- Exciting projects and challenging opportunities to develop high-profile residential, commercial, and mixed-use developments.
- Competitive salary and benefits package
- Dynamic and collaborative work environment
- Commitment to sustainability and social responsibility
Great Gulf Group of Companies is committed to providing a fair and equitable work environment and encourages applications from qualified women, men, visible minorities, aboriginal peoples and persons with disabilities. As per the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act (AODA), Great Gulf will accommodate the needs of applicants with disabilities throughout all stages of the selection process. If you need accommodation during the recruitment process, please advise Human Resources.
To be eligible to apply for this position you must be legally entitled to work in Canada. We are not accepting International applicants without a valid work permit. We thank all applicants for their interest. Only successful candidates will be contacted.
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