Property Accountant

Job Description (Full-Time in Person)

Jennings Real Estate Corporation (Jennings) is a fully integrated commercial real estate company centrally located in downtown Ottawa, close to retail, dining, and transit amenities. Specializing in commercial real estate management and development, Jennings manages a rapidly growing portfolio of commercial properties. For more information, visit www.jre.ca.

Job Overview 

Reporting directly to the Senior Accountant, the Property Accountant will be in charge of the full accounting cycle of a portfolio of properties.  This hands-on role will work closely with various internal departments, including property management, leasing, projects and development. The ideal candidate is detail-oriented, solutions-driven and problem-solver that is quick to adapt to a dynamic business environment.

Core Duties & Responsibilities

• Handle full-cycle accounting for a diverse portfolio of commercial properties.

• Complete month-end closing activities including review of journal entries, accrual, reconciliations, and amortization schedules.
• Prepare monthly/quarterly and annual financial statements.
• Daily and monthly bank reconciliation including follow-up and adjustment of outstanding items.
• Maintain and monitor general ledger and chart of accounts to ensure proper classification of transactions.
• Work closely with property management teams to respond to questions and resolve routine accounting issues including non payment of rent.
• Prepare all property HST remittances and file on time.
• Participate in the annual budget process including delivery of rental statements for the upcoming year.
• Complete year-end operating cost reconciliations.
• Ensure new rental notices are sent to tenants based on the upcoming year’s operating budget.
• Provide accurate and timely financial information as required internally by the team and externally by tenants and other parties.
• Liaise with the team regarding accounting matters, provide accounting guidance and respond to queries.
• Additional accounting/special project work as required.

Key Competencies and Values

• Strong organization and execution.
• Detail-oriented and process-driven.
• Professional written communication.
• Collaborative and team oriented.
• Ability to prioritize in fast-paced environment.
• A strong work ethic, enthusiastic and positive attitude.
• Strong written and verbal communication skills. 
• Always improving.
• Solution oriented.
• Understand the value of reputation.
• Do the right thing.

Core Qualifications

• 3+ years of combined accounting and financial experience in a similar role.
• A degree in accounting, finance or business administration.
• Demonstrated experience with full accounting cycle.
• Experience in property management/Real estate is an asset.
• Strong proficiency with Microsoft Office (Outlook, Word, Excel, PowerPoint).
• Experience with Yardi is an asset.
• Strong ability to take ownership and accountability within the role.

At Jennings, we are committed to promoting our employees’ well-being, financial security, and work-life balance. We offer a competitive benefits package designed to help team members feel valued both at work and outside of work.

• Paid vacation to encourage rest, personal time, and work-life balance.
• Health and dental benefits, including employer-sponsored coverage for employees and their eligible dependants.
• Retirement savings program through an RRSP program and employer-matching DPSP contributions.
• Health Spending Account offering added flexibility for eligible health and wellness expenses.
• Career development opportunities, including opportunities to grow within our expanding company and financial assistance for career-related development.

Jennings is committed to an inclusive, barrier-free recruitment and selection process and workplace. If you require accommodation at any stage of the application or interview process, please let us know when you are contacted for a pre-screen. All information received in relation to accommodation requests will be kept confidential and used solely to arrange the appropriate accommodation.