Property accountant

How would you like to join a company where people are at the heart of the projects?

Our Finance Team in Montreal is growing and we are looking for passionate talents to join our adventure!

Being part of the MACH team means joining a family of 450 colleagues who work daily to put their knowledge at the service of their clients and Real Estate.

For more than 20 years now, MACH has been building real estate projects designed to have a structuring, lasting and significant impact on cities and neighborhoods, as well as on the lives of residents, users and visitors. Thus, the company builds each building to create collective values combining beauty, usefulness and responsibility.

In Canada, MACH is one of the largest real estate owners. It is distinguished in particular by a real estate portfolio of more than 45 million square feet, including several jewels of the Quebec urban landscape: the Sun Life building, the CIBC Tower, the Place Victoria tower as well as the Ontario with Allstate Corporate center in Toronto and 100 O’Connor in Ottawa.

JOIN A TEAM OF PROFESSIONALS AND WORK IN A HEALTHY ENVIRONMENT!   

Based in Montreal and reporting to the Finance Director, the Real Estate Accountant is responsible for producing financial information for property portfolios under construction and ensuring the proper application of the company's accounting and financial processes.

• Produce financial statements and other accounting reports for the designated property portfolios.
• Prepare variance/financial analyses for the designated property portfolios (based on inputs from property managers).
• Validate accounting entries related to the designated property portfolios.
• Validate accounting calculations (rent increases following the budget exercise, indexations, proportional rents, accrued calculations, standard adjustments for 13th invoice, calculations and adjustments related to concern periods (e.g. utilities), re-billing to tenants (including electricity charges related to meters), tenant improvement allowances, etc.) and approve underlying billing/payments.
• Prepare complex calculations for 13th invoice adjustments.
• Reconcile general ledger accounts under their responsibility and review reconciliations produced by the Real Estate Accounting Technician.
• Implement the month-end close and accounting closure process.
• Manage the accounting of prepaid rents/security deposits in collaboration with lease administrators.
• Participate in the process of validating lease data quality (from an accounting perspective).
• Validate newly added properties to the portfolio following their creation in the financial systems (in collaboration with the Financial Processes & Systems Analyst).
• Ensure the integrity, accuracy, and quality of financial and accounting data processed.
• Periodic reporting to the Chief Real Estate Accountant.
• Document management (naming conventions, document retention, file management, and organization of digital directories).
• Training and mentorship.

Qualifications:

• Hold a Bachelor's degree in accounting.
• Possess a minimum of five (5) years of experience in a similar role.
• Proficient in Microsoft Office Suite; good knowledge of Yardi and Sage 50 accounting systems (an asset).