CAPREIT

Property Accountant

CAPREIT  •  $60k - $70k/yr  •  Toronto, CA (Onsite)  •  4 hours ago
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Job Description

Who are we?

We are a growth-oriented company that own and operate the highest quality rental communities across Canada. We offer our residents attractive, comfortable and secure homes and are constantly seeking talented individuals to join our team. Our employees are essential to the success of our communities and we consider them our most valuable assets. We proudly invest in our employees’ learning and growth through our Mentorship Program and our Leadership Development Program, offered in partnership with Concordia University. As a recognized 2025 Mercer Best Employer, we are proud to be an equal opportunity employer that celebrates the diversity of the communities where we live and do business. This is reflected in the incredible progress we've made in raising our Engagement Score above the Canadian Top Quartile. It's a testament to the dedication of our people across the country. Together, we will continue to raise our levels of employee engagement.

Position Summary: The Property Accountant prepares and maintains accounting records which includes general accounting, costing and budget data. They are also responsible for examining, analyzing and interpreting accounting records for the purpose of preparing financial statements.

Responsibilities:

  • Monthly financial statement preparation and variance analysis – completed on a timely basis as per monthly accounting schedule
  • Monthly journal entries preparation – to include proper supporting documentation
  • Account reconciliations – includes asset & liability general ledger account reconciliations, maintaining approved protected spreadsheets where required, ensure sub-ledgers reconcile with general ledger.
  • Revenue – rent roll sub-ledger reconciliation, preparation of tenant LMR interest cheques
  • Annual operating budget preparation and analysis – includes detailed utility rate and consumption analysis and variance explanations from pro-forma
  • Handle queries relating to portfolio from Operations staff & auditors
  • Maintain proper monthly and year-end accounting working paper files – year-end file to include proper supporting documentation for all balance sheet accounts
  • Proper set up of acquisitions and disposals in computer system – includes rent roll, subledgers, account analysis
  • Special projects as assigned by Accounting Manager

Qualifications:

  • College diploma or University degree in Accounting or Business
  • Actively pursuing CPA Designation
  • Strong analytical and problem solving skills
  • Ability to work under tight deadlines, multi-task and prioritize
  • Ability to communicate effectively, both oral and written
  • Financial Statement experience is an asset
  • Must have strong working knowledge of MS Excel

What’s in it for you?

At CAPREIT, we reward all permanent full-time employees:

  • Competitive Base Salary starting between $60,000 - $70,000
  • Paid Vacation
  • Flexible Health, Dental & Vision Benefits
  • Employee Savings Plan
  • Employee & Family Assistance Plan
  • Learning & Professional Development
CAPREIT

About CAPREIT

The Best Place to Live, Work and Invest.

We have a remarkable history of caring, starting in 1997 with 2,900 residential suites owned in Ontario. Since then, we have expanded and diversified across Canada’s strongest urban growth markets, and our portfolio has grown to approximately $14.5 billion of investment properties, excluding approximately $0.6 billion of assets held for sale, as at June 30, 2025.

We’ve become Canada’s largest residential REIT, and we’ve never had a better team in place to continue building a better business for our residents, our people and our Unitholders for many years to come.

Quality Accommodations across Canada

At CAPREIT we treat our residents with the utmost respect and strive to meet their needs well beyond their rental apartment. The reason for our success is simple: We’re all about building happy, supportive, thriving communities that are friendly and welcoming. At the heart of our communities are our residents. So that’s where our care starts. Visit one of our rental properties and find out for yourself why our units are so sought after. You may just make one your home.

Professional Management Team

We offer a professional, dedicated team with a unique proactive management style. CANADIAN APARTMENT PROPERTIES • REIT is mandated to provide a safe, happy home to our thousands of residents and provide investors with long-term, predictable returns and cash distributions.

Industry
Real Estate & Property
Company Size
501-1,000 employees
Headquarters
Toronto, CA
Year Founded
1997
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