GWL Realty Advisors- Real Estate Accountant (Calgary, AB)

About GWL Realty Advisors

GWLRA is a leader in both the commercial and multi-residential real estate industries. Driven by our values of Integrity, Ambition, Creativity, and Empathy, our vision is to be a sustainable company known for exceptional real estate management, trusted advice, and outstanding service by consistently fulfilling our mission to deliver strong, long-term results for our clients.

The Prairie Region Finance Team is seeking a Real Estate Accountant to join our team. This is a great opportunity for a career accountant with 3 or more years of general ledger and sub-ledger accounting experience. The successful individual will own the accounting and reporting of a portfolio of commercial assets located in Alberta, Saskatchewan, and Manitoba.

RESPONSIBILITIES

The Real Estate Accountant performs a variety of associated accounting activities in accordance with GWLRA Policies and Procedures, client management agreements, and prevailing requirements of accounting and industry bodies. Duties include, but are not limited to:

Monthly maintenance of the general ledger including:
- Review, reconciliation, and accrual of revenue, operating expenses, and capital expenditures
- Calculation of the recoveries over/under billing based on year-to-date actual occupancy and costs
- Review and reconciliation of balance sheet suspense accounts and prepaid expenses;
- Monthly calculation of cash calls and distributions, where required;
Co-ordinate and prepare full-year estimates and annual operating budgets with the Leasing, Property Management, and Asset Management Teams including:
- Creating the budget model
- Formulaic programming and review of resulting calculations
- Review of overall budget for reasonability and completeness
- Preparation of supplementary excel reports;
- Prepare year-end working paper files for external audit, where required;
Calculate and process final recovery invoices, including,
- Building the recovery modeling in Yardi
- Supporting the Property and Asset Management teams with crafting responses to tenant enquiries;
Complete and distribute reports, including:
- Cyclical client and internal reporting
- External appraisal financial information packages;
Review tenant lease maintenance in Yardi
- Determine operating cost and property tax charges for new leases
- Confirm accuracy and data integrity to the lease document
- Calculation and posting of future year pre-bill charges input in system
- Review and approval of future year Rental Billing Schedules;
Review and approval of monthly rent roll billing reports;
Review and approval of monthly percentage rent billings;
Other duties as assigned.

QUALIFICATIONS

Post-secondary degree or diploma in Accounting;
Minimum 3 years full-cycle accounting including sub-ledger experience, commercial real estate accounting experience preferable;
Accounting designation or enrolment in post-degree/diploma accounting designation program preferred;
Understanding of full cycle accounting, including month-end accruals, budgeting, forecasting, and year-end audits;
Contract/lease interpretation skills;
Advanced Excel skills - adept with complex formulas, Pivot Tables, and macro construction and maintenance;
Intermediate skills in Teams, Outlook, and Word;
Experience working in Yardi Voyager 7S desirable;
Detail-oriented and analytical with a keen eye for detecting oddities and the curiosity to investigate them;
Good problem solving ability;
Able to work in a fast paced, process oriented, and deadline driven environment;
Strong communication and relationship building skills.
Self-starter.

What we Offer

3 Weeks of Vacation per year
3 Paid Personal Days per year
Up to $2,000 annual Education Allowance
Up to $5,000 annual Mental Health Coverage, plus other comprehensive benefits and savings programs
Up to $400 to use towards wellness annually to help support your financial, physical, and mental wellness

'What we Offer' section only applies to full-time employees.

Our Business

Learn more about our commercial and residential businesses, our values, and careers at GWLRA.

Our Commitment to Diversity

GWL Realty Advisors is an equal opportunity employer. It prohibits discrimination based on age, color, disability, national origin, race, religion, sex, sexual orientation, and any other legally protected class in accordance with applicable federal, provincial and local laws. We are committed to creating and maintaining an inclusive and accessible workplace. If you are contacted for an interview and require accommodation during the interviewing process, please let us know.

This is a full time position

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