Property Accountant

About the Opportunity

• Works with the full accounting cycle, including general ledger, account reconciliation, accounts payable, accounts receivable, and payroll for residences and Corporate entities
• Prepares journal entries for both day-to-day and month-end transactions
• Preparation of monthly financial statements, working papers, and financial reports
• Maintains and reconciles sub-ledgers to G/L
• Prepares/assists with monthly balance sheet reconciliations and a complete set of year end working papers
• Reviews financial information, analyzes and processes that information, and takes the appropriate action if necessary
• Analyzes, investigates, and resolves monthly variances
• Prepares monthly variances report on significant matters to the operations and/or controller
• Responsible for remittance of payroll related amounts, including Federal tax, CPP, EI, Workers Compensation and EHT
• Monitors cash flow and prepares cash flow projections, where applicable
• Prepares budgets and forecasts for residences and Corporate entities
• Tracks capital expenditure again capital budgets and ensures proper categorization and depreciation of assets
• Advises and provides finance support to the residences as required
• Liaises with resident GM's and research and resolve residences inquiries
• Ensures compliance with GAAP
• Prepares year-end audit packages and liaises with external auditors
• Ensure that all regulatory and government returns and reporting (GST/HST, annual returns) are filed on time
• Coordinates and works with investor group in order to comply with their requirements in a timely manner
• Works independently and with minimum supervision
• Complies with all corporate policies and procedures
• Completes all required mandatory training and education
• Performs other related tasks as delegated by the Controller and/or Director of Finance
• Some travel required
• Complies with the Occupational Health and Safety Act, Workplace Safety and Insurance Act, and Workplace Hazardous Material Information System. This includes recognizing health and safety hazards, reporting incidents, fulfilling responsibilities under the applicable legislation, as well as participating in in-services and fire drills
• Complies with all corporate policies and procedures
• Completes all required mandatory training/education

About You

• At least 2 years of full cycle accounting duties including variance analysis, assisting with financial statements, journal entries, month end reporting, reconciliations
• Long Term Care industry experience (must have managed several homes)
• CPA in progress (can sign off)

• Must hold a university degree in accounting and working towards designation.
• Must be detailed-oriented and a team player with at least two to three years of progressive accounting experience.
• Must have a positive "can do" attitude with a proven track record for meeting/exceeding deadlines, and produce accurate work.
• Excellent working knowledge of Excel and computerized accounting systems.
• Must be able to communicate effectively, both written and orally, in the English language.
• Must be willing to learn new concepts in the monthly accounting cycle.
• Must be self motivated, possess strong organizational and analytical skills and have the desire to learn.
• Understanding of the Retirement Residences Regulations and experience with retirement living is an asset.
• Experience with Sage 300 as asset.
• Experience working with multiple entities simultaneously.
• Must be double vaccinated

Salary Range
$65,000 - $85,000/year
How to Apply
Click the "Apply Now" button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.
When referencing this job, quote #404967.
You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client's requirements for this role.
Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco also wants all applicants to know their rights that workplace discrimination is illegal .
By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco LLC and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco") respects your privacy and are committed to providing transparent notice of our policies.

• California residents may access Vaco's HR Notice at Collection for California Applicants and Employees here .
• Virginia residents may access our state specific policies here .
• Residents of all other states may access our policies here .
• Canadian residents may access our policies in English here and in French here .
• Residents of countries governed by GDPR may access our policies here .

Pay Transparency Notice
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:

• the individual's skill sets, experience and training;
• licensure and certification requirements;
• office location and other geographic considerations;
• other business and organizational needs.

With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.