Senior Property Accountant
Our Story:
Avison Young is a global commercial real estate brokerage and advisory firm, offering transaction, management, financial and consulting services. We've designed our corporate structure to best serve our clients by enhancing collaboration across our organization.
At Avison Young, we are committed to providing a comprehensive suite of commercial real estate services to our clients while fostering a supportive and inclusive workplace culture for our employees. Our collaborative approach and emphasis on personal and professional growth create an environment where individuals can thrive. Real estate can have a significant positive impact on people's lives - and we're in the business of making spaces and places work better for people. Our purpose is to create real economic, social and environmental value as a global real estate advisor, powered by people.
If you're looking for career opportunities where you can excel and contribute to a strong company culture, we want to hear from you. Join our highly motivated team and take pride in your work as we create a better future together.
Overview:
Avison Young is looking for a Sr. Property Accountant to join our accounting department. The general purpose of this job is to prepare timely financial statements, ensuring all schedules and reports accurately reflect the financial activity of each entity. The individual will adhere to established policies and procedures, ensuring appropriate internal controls. Additional responsibilities include participation in accounting training and coordination of client requests and monthly financial statements.
The base salary is aligned with market data and is estimated between $80,000 to $90,000 (yearly) with the ability to achieve additional compensation through bonus. This salary range reflects base compensation for the position across all US locations. Within this range, individual pay is determined by work location and other factors including relevant education/training, experience, and internal equity.
Responsibilities:
Responsible for accurate input of data provided by Property Managers
Review all leases and related accounting lease abstract forms
Review and approve AR, including billing adjustments, security deposit refunds, etc.
Review and approve AP vendor invoices for property number, coding, description and approvals
Review rental edits (scheduled charges)
Review and input budgets
Review and approve CAM/Escalation reconciliations and related billing adjustments
Prepare bank reconciliations
Prepare banking forms as needed (or requested by Vice President Finance) - Stop Payment Requests, Bank Request Form for banking issues or discrepancies, etc.
Responsible for ensuring monthly mortgage, land lease, or other recurring monthly payments are processed timely - avoiding any penalties for late payment.
Prepare sales & use tax form(s) and related back up schedule(s) to ensure the accurate and timely payment of amounts due
Review business license/tax for accuracy and process payment timely
Prepare financial statements - mostly cash basis with occasional accrual, if appropriate
Prepare and enter journal entries - standard, recurring, reversing, adjusting, reclassing, prepaid rent, accruals, etc.
Responsible for accurate and timely monthly financial statements
Approve (initial & date) weekly cash requirements and attach a cash balance report to show monies are available
Maintain cash balances as directed by portfolio controller, accounting manager or client
Prepare wire transfers to move monies as needed
Prepare funding requests as needed for capital or operating
Prepare owner distributions as needed
Prepare secondary excel or word reporting schedules for (but not limited to) depreciation, amortization, security deposits, loan schedules and balance sheet schedules
Prepare and process monthly fees due - including management fees, asset management fees, TI or construction fees, etc.
Reconcile balance sheet accounts monthly
Prepare audit packages for auditors and controllers
Print and review AR aging with property manager weekly
Review rent roll monthly with property manager
Follow and adhere to Avison Young and client policies and procedures
Process and complete special projects as requested by Vice President Finance, accounting manager, client, or property manager
Assist in the review, analysis and collection of Avison Young corporate accounts receivable - including but not limited to:
Payroll Reimbursements
Management Fees
Lease Commissions
Construction Supervision Fees
Prepare and submit to supervisor a written action plan for desk coverage during absences. This would include both vacation and personal time off coverage.
Qualifications:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative, but not exclusive or exhaustive, of the knowledge, skill and/or ability required.
Education and/or Experience:
S. or B.A. degree in Business Administration or Accounting
One (1) to five (5) years of Property Management Accounting Experience
In lieu of a B.S. or B.A. degree, must have 5 or more years' experience in Property Management accounting
Communication Skills:
Ability to read, analyze and interpret tenant leases, management agreements, and financial narratives
Ability to effectively present information and respond to questions from Property Managers, Controllers, Accounting Managers and Property Accountants
Ability to write reports and business correspondence
Requires positive attitude and good interpersonal skills
Strong verbal and written communication skills
Requires a high-level commitment to customer service, whether co-workers or clients
Reasoning Ability:
Ability to identify and solve problems with limited information
Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule form
Ability to work independently
Ability to work in a high-volume arena
Requires good organizational skills
Requires attention to detail
Requires an openness to new ideas and procedures (flexibility)
Computer Skills:
Proficient in Yardi Voyager
Proficient with various computer software programs such as Adobe, Microsoft Office, namely Excel
Workplace Type:
Hybrid (Minimum 3 days in the office)
Our Equal Opportunity Commitment:
Our Equal Opportunity Commitment
Avison Young is proud to be an equal opportunity employer, committed to promoting diversity and inclusivity within our workforce. Our non-discrimination policy ensures that all individuals are treated equally, regardless of race, gender, religion, sexual orientation, or disability. We believe in fostering a positive and inclusive work environment that values accessibility and fair recruitment practices for all employees. We hope you will join us in committing to create a workplace that is fair, equitable, and welcoming to all.
Benefits offered to full time W2 employees:
Traditional and Roth 401k with generous employer match and immediate vesting
12 weeks of Paid Parental Leave after one year of tenure
Medical, Dental, Vision Insurance
Company paid Life and AD&D Insurance
Company paid Short & Long-Term Disability
Voluntary Critical Illness and Accident Coverage
Healthcare, Dependent Care, Commuter & Transit Pre-Tax Benefits
Wellness program
Employee Assistance Program (EAP)
Work-Life Balance:
Competitive paid vacation days
2 personal/wellness days
Paid holidays plus 2 floating holidays
Annual volunteer day for Day of Giving
Avison Young is a global commercial real estate brokerage and advisory firm, offering transaction, management, financial and consulting services. We've designed our corporate structure to best serve our clients by enhancing collaboration across our organization.
At Avison Young, we are committed to providing a comprehensive suite of commercial real estate services to our clients while fostering a supportive and inclusive workplace culture for our employees. Our collaborative approach and emphasis on personal and professional growth create an environment where individuals can thrive. Real estate can have a significant positive impact on people's lives - and we're in the business of making spaces and places work better for people. Our purpose is to create real economic, social and environmental value as a global real estate advisor, powered by people.
If you're looking for career opportunities where you can excel and contribute to a strong company culture, we want to hear from you. Join our highly motivated team and take pride in your work as we create a better future together.
Overview:
Avison Young is looking for a Sr. Property Accountant to join our accounting department. The general purpose of this job is to prepare timely financial statements, ensuring all schedules and reports accurately reflect the financial activity of each entity. The individual will adhere to established policies and procedures, ensuring appropriate internal controls. Additional responsibilities include participation in accounting training and coordination of client requests and monthly financial statements.
The base salary is aligned with market data and is estimated between $80,000 to $90,000 (yearly) with the ability to achieve additional compensation through bonus. This salary range reflects base compensation for the position across all US locations. Within this range, individual pay is determined by work location and other factors including relevant education/training, experience, and internal equity.
Responsibilities:
Responsible for accurate input of data provided by Property Managers
Review all leases and related accounting lease abstract forms
Review and approve AR, including billing adjustments, security deposit refunds, etc.
Review and approve AP vendor invoices for property number, coding, description and approvals
Review rental edits (scheduled charges)
Review and input budgets
Review and approve CAM/Escalation reconciliations and related billing adjustments
Prepare bank reconciliations
Prepare banking forms as needed (or requested by Vice President Finance) - Stop Payment Requests, Bank Request Form for banking issues or discrepancies, etc.
Responsible for ensuring monthly mortgage, land lease, or other recurring monthly payments are processed timely - avoiding any penalties for late payment.
Prepare sales & use tax form(s) and related back up schedule(s) to ensure the accurate and timely payment of amounts due
Review business license/tax for accuracy and process payment timely
Prepare financial statements - mostly cash basis with occasional accrual, if appropriate
Prepare and enter journal entries - standard, recurring, reversing, adjusting, reclassing, prepaid rent, accruals, etc.
Responsible for accurate and timely monthly financial statements
Approve (initial & date) weekly cash requirements and attach a cash balance report to show monies are available
Maintain cash balances as directed by portfolio controller, accounting manager or client
Prepare wire transfers to move monies as needed
Prepare funding requests as needed for capital or operating
Prepare owner distributions as needed
Prepare secondary excel or word reporting schedules for (but not limited to) depreciation, amortization, security deposits, loan schedules and balance sheet schedules
Prepare and process monthly fees due - including management fees, asset management fees, TI or construction fees, etc.
Reconcile balance sheet accounts monthly
Prepare audit packages for auditors and controllers
Print and review AR aging with property manager weekly
Review rent roll monthly with property manager
Follow and adhere to Avison Young and client policies and procedures
Process and complete special projects as requested by Vice President Finance, accounting manager, client, or property manager
Assist in the review, analysis and collection of Avison Young corporate accounts receivable - including but not limited to:
Payroll Reimbursements
Management Fees
Lease Commissions
Construction Supervision Fees
Prepare and submit to supervisor a written action plan for desk coverage during absences. This would include both vacation and personal time off coverage.
Qualifications:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative, but not exclusive or exhaustive, of the knowledge, skill and/or ability required.
Education and/or Experience:
S. or B.A. degree in Business Administration or Accounting
One (1) to five (5) years of Property Management Accounting Experience
In lieu of a B.S. or B.A. degree, must have 5 or more years' experience in Property Management accounting
Communication Skills:
Ability to read, analyze and interpret tenant leases, management agreements, and financial narratives
Ability to effectively present information and respond to questions from Property Managers, Controllers, Accounting Managers and Property Accountants
Ability to write reports and business correspondence
Requires positive attitude and good interpersonal skills
Strong verbal and written communication skills
Requires a high-level commitment to customer service, whether co-workers or clients
Reasoning Ability:
Ability to identify and solve problems with limited information
Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule form
Ability to work independently
Ability to work in a high-volume arena
Requires good organizational skills
Requires attention to detail
Requires an openness to new ideas and procedures (flexibility)
Computer Skills:
Proficient in Yardi Voyager
Proficient with various computer software programs such as Adobe, Microsoft Office, namely Excel
Workplace Type:
Hybrid (Minimum 3 days in the office)
Our Equal Opportunity Commitment:
Our Equal Opportunity Commitment
Avison Young is proud to be an equal opportunity employer, committed to promoting diversity and inclusivity within our workforce. Our non-discrimination policy ensures that all individuals are treated equally, regardless of race, gender, religion, sexual orientation, or disability. We believe in fostering a positive and inclusive work environment that values accessibility and fair recruitment practices for all employees. We hope you will join us in committing to create a workplace that is fair, equitable, and welcoming to all.
Benefits offered to full time W2 employees:
Traditional and Roth 401k with generous employer match and immediate vesting
12 weeks of Paid Parental Leave after one year of tenure
Medical, Dental, Vision Insurance
Company paid Life and AD&D Insurance
Company paid Short & Long-Term Disability
Voluntary Critical Illness and Accident Coverage
Healthcare, Dependent Care, Commuter & Transit Pre-Tax Benefits
Wellness program
Employee Assistance Program (EAP)
Work-Life Balance:
Competitive paid vacation days
2 personal/wellness days
Paid holidays plus 2 floating holidays
Annual volunteer day for Day of Giving