Property Accountant in Toronto, Ontario Salary (Canada)
A Property Accountant in Toronto, Ontario earns an average salary of C$57,849 per year. Experience has a moderate effect on income for this job. Most people move on to other jobs if they have more than 20 years' experience in this field.
|Salary||C$44,736 - C$69,425|
|Bonus||C$1,009 - C$6,787|
|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$45,235 - C$71,976|
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.Read More...
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. (Copyright 2018 PayScale.com)
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.
Property Accountant Job Listings
Key Stats for Property Accountant
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