Senior Property Accountant

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Organization Overview

Based in Vancouver, Community Land Trust (CLT) is a social purpose real estate developer focused on creating communities people are proud to call home. Established in 2015, CLT is a member of the CHF BC group of social enterprises. CLT stewards its real estate, asset management, development, and finance portfolios with access to shared corporate services of the CHF BC group.

CLT currently has more than 40 co-ops in their portfolio, with more than 3,000 occupied homes and another 800 homes in development or under construction in Victoria, Abbotsford, Maple Ridge, Vancouver, Surrey, New Westminster, Burnaby, Coquitlam, Kelowna and North Cowichan.

Over the past 10 years, CLT has grown significantly, building their own real estate, development, asset management, and finance divisions. Today, CLT has a real asset portfolio of approximately $1.25 billion, with $35 million in operating budgets and a team of 48 staff.

Our team of skilled industry professionals is focused on creating and advocating for inclusive communities that residents are proud to call home.

Purpose of the Position

You will be joining a dedicated team of motivated professionals as we steward existing projects, develop new properties, and work with partners to affect change in the affordable housing sector.

Reporting to the Controller, the Senior Property Accountant will be responsible for a portfolio of income-producing properties (IPP). The Senior Property Accountant will work closely with our property management team and will be the main point of contact with respect to financial matters with various stakeholders. Responsibilities will include, but are not limited to:

- Preparing monthly financial statements for assigned IPP

- Reconciling inter-company transactions, bank accounts, A/R, A/P and general accounting transactions

- Preparing journal entries, month-end adjustments, and account reconciliations

- Preparing monthly budget variance analysis

- Preparing month-end and year-end working files

- Responding to information requests, reviewing financial statements, and assisting with audits

- Communicating with vendors and internal teams to investigate, analyze, and collect missing financial information

- Documenting and maintaining complete and accurate supporting information for all financial transactions

- Assisting, preparing and presenting operating budgets

- Mentoring and training junior team members

- Review financial statements on a monthly or quarterly basis

- Attend Board meetings and general membership meetings as required

- Performing other related duties, as assigned by the finance department

Requirements

- Relevant post-secondary education in accounting and/or commerce

- Minimum of 5 years of full-cycle accounting and bookkeeping in the real estate industry

- Experience in property management focusing on residential income producing properties

- Hands-on experience with data entry/accounting software, preferably Sage 300 Construction and Real Estate (formerly Sage Timberline) or Yardi Voyager

- Strong preference for candidates who have previous exposure to the real estate industry and non-market housing sectors, with a focus on the co-operative housing sector either professionally or academically

- Designated CPA or actively enrolled in the CPA program would be considered an asset

Skills and Abilities:

- Intermediate skills in Microsoft Excel

- Strong understanding of ASNPO

- Audit experience would be considered an asset

- Strong analytical and financial skills

- Strong attention to detail

- Proven ability to meet deadlines and lead multiple projects simultaneously

- Excellent technical and communication skills (verbal and written)

- Ability to work effectively in a team and individual setting

- Employment Type: Full-time, 40 hours per week (Minimum 3 days per week in the office)

CLT Development Services Society is an equal opportunity employer. We hire based on merit and are strongly committed to equity, diversity and accessibility. Upon request accommodation will be provided throughout the recruitment, selection and/or assessment process to applicants with disabilities. We value diversity and encourage applications from individuals of all backgrounds and experiences.

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