Property Accountant Average Salary

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 19 Property Accountant votes.
national salary data
National Employer Data
National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
C$0C$23KC$46KC$69K
Salary
C$36,536 - C$65,960  
   
Bonus
C$408.51 - C$6,953  
Profit Sharing
C$1,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
C$37,071 - C$68,467  
Country: Canada | Currency: CAD | Updated: 11 Feb 2017 | Individuals Reporting: 144

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Job Description for Property Accountant

Property accountants are in charge of handling property accounting tasks for their company. They are responsible for completing sound financial analysis and balance sheet account reconciliation. In addition, they prepare regular reports (usually monthly) based on organizational objectives.

These accountants also conduct financial maintenance for a variety of properties, initiate payments for debts incurred by their organization, calculate monthly management fees, and assist management staff with annual budget activities. In all tasks, property accountants must keep accurate financial records and resolve any discrepancies as they arise. These accountants also help with special projects related to property financial incentives, as well as prepare tax forms and stay up to date on changes to relevant financial laws. Property accountants also handle currency in an accrual or cash basis. Generally, these accountants report their progress to the accounting manager or supervisor in their department.

A bachelor's degree in accounting or a related discipline is needed for this position. In addition, previous experience in property management may be preferred. Property accountants must work well independently, but also work well with other accountants in a team setting. They should also possess strong organizational skills, pay close attention to detail, and have excellent interpersonal skills to communicate with other departments about property financial matters. They must also be able to multitask and be proficient with specialized accounting software and basic computer software.
Property Accountant Tasks
  • Prepare and post entries to the general ledger and manage the monthly close process.
  • Prepare and implement audit schedules and process re-engineering to reduce financial errors.
  • Reconcile balance sheets, accounts, and invoices.
  • Prepare monthly, quarterly, and ad hoc reports with variance explanations.

Key Stats

Gender

Female
76 %
Male
24 %
Salary
C$35,357 - C$60,450
Salary
C$39,866 - C$52,925

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 21 votes.
Less than 1 year
5%
1-4 years
42%
5-9 years
33%
10-19 years
15%
20 years or more
6%

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