Equiton Inc Looking for Revenue Accountant at Burlington, Ontario, Canada Full Time

Founded in 2015, Equiton is a recognized leader in private equity investments with 1 billion CAD in Assets Under Management (AUM). Our exponential growth is a direct outcome of our leadership team understanding how the industry works and how to create long-term wealth through real estate investing. We have discovered that finding the right opportunities involves time, experience, and discipline. Our strategy is always forward-looking, anticipating trends and adapting our selection to strengthen our market position, capitalizing on value creation opportunities, and building the most robust portfolio possible for our investors. We attract exceptionally talented people and create an atmosphere that rewards initiative, independent thinking, and integrity.

About The Position

The Finance, IPP (Income Producing Properties) Team plays a critical role in the financial reporting of Equiton Group financial statements, the development and implementation of accounting and financial policy guidelines, and the support of investment initiatives and structures.

Reporting to the Accounting Manager, IPP, the Revenue Accountant will assist with the accounting, reporting, and day-to-day operations of Equiton’s properties under management. The position is based in an office setting; however, travel may be necessary along with occasional weekend or evening work.

This position will collaborate with various teams and work closely with the IPP Accounting Team, Property Operations, Administration, Legal, and other Internal Stakeholders to ensure we apply best practices and methodologies in accounting and financial reporting.

The successful candidate must have solid communication, technology, analytical and management skills. Candidates should possess solid knowledge of full cycle accounting, financial reporting with exposure to IFRS and have experience with Yardi.

Key Functions and Responsibilities:

• Process daily deposits and update the tenant ledgers
• Prepare and analyze AR Aging reports
• Calculate and distribute interest on last month deposits
• Review and generate monthly Rent Rolls and other charges
• Review, set up and monitor pre-authorized rent payments
• Process deposit accounting
• Reconcile daily bank activity and investigate discrepancies
• Prepare HST remittance for each property
• Assist in the preparation of monthly Financial Statements
• Assist in the preparation of annual audit working papers and liaise with external auditors
• Interpret business results to put them into the appropriate context for others to act upon
• Assist with the preparation of annual budgets for Properties by preparing supporting schedules, variance analysis and coordinating with other departments and Property Operations
• Calculate properties’ ratios and KPIs
• Prepare and review monthly property packages and forecasts for accuracy, consistency, and completeness – includes preparing detail variance analyses of balance sheet and revenue accounts
• Prepare month-end journal entries for receivables and revenue such as revenue accruals, management fee calculations etc.
• Exercise the highest level of discretion regarding release of confidential information
• Ensure accounting policies and procedures are applied
• Ad hoc responsibilities as assigned by Accounting Manager

Required Skills and Abilities:

• Excellent interpersonal and communication skills (verbal and written) with the ability to articulate ideas and concepts clearly and concisely
• Strong collaboration and customer service – approachable and supportive of internal and external customers
• Goal and results-oriented – can be counted on to meet and exceed goals, and steadfastly move self and others towards results
• Excellent organization, prioritizing and problem-solving skills
• Analytical and forward-thinking – tackle problems by using a logical systematic and sequential approach, anticipating problems, and developing contingency plans

Education and Experience:

• A University Degree or College Diploma in an accounting-related field of study is required Preference will be given to candidates enrolled in the Intermediate levels of a recognized accounting program (CPA) or have a designation
• 1-5 years related experience in a real estate or property management environment preferred but not required
• Strong working knowledge of Yardi or other ERP software
• Strong knowledge of Microsoft products specifically Excel and Word
• Strong interpersonal and communication skills
• Genuinely curious with a desire to understand key metrics and drivers

Our Commitment to Diversity, Equity, and Inclusion :

In addition to being dedicated to building a workforce that leverages diverse talent, we are committed to fostering an inclusive and accessible experience where all employees feel valued, respected and supported. We are an equal opportunity employer that values a culture that reflects and celebrates diversity of thought, background and experience. If you require accommodation for any part of the recruitment process (including alternate formats of materials, accessible meeting rooms, etc.), please let us know, so that we will work with you to meet your needs. We thank you for applying, however, only those selected to continue will be contacted.

Our Core Values:

• Integrity

Rigorous adherence to a set of moral and ethical standards focused on respect, honesty, and fairness.

• Accountability

Individual responsibility for delivering on our commitments and being accountable for our decisions, actions, and results.

• Expertise

Offering the highest level of professional expertise, quality service and knowledgeable insights.

• Customer Focused

We recognize our customers are the reason for our success and know by putting their needs first, we foster trusting, long-term relationships.

• Entrepreneurial Spirit

Focusing on a growth mindset, continuous improvement, embracing change, and recognizing goals are achieved through dedication and hard work.

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