Accounting Associate

Title: Accounting Associate
Location: Toronto, ON (Onsite)
Duration: 2 months
Hours: M-F | 8:30 - 5
 
Role Overview:
The Accountant is responsible for maintaining accurate financial records across both property and corporate entities. This role supports month-end close, financial reporting, intercompany activities, and audit compliance, while partnering closely with property management, treasury, tax, and other finance teams.
 
Key Responsibilities:
General Ledger & Financial Reporting

• Maintain property and corporate general ledgers, ensuring accurate and timely month-end and year-end close.
• Prepare financial statements, including income statements, balance sheets, and variance analysis with clear, value-added commentary.
• Record and reconcile journal entries, including accruals, prepayments, and allocations.
• Perform balance sheet, bank and roll-forward reconciliations, ensuring adequate support for closing balances.

Operational & Property Accounting

• Manage tenant accounting, including billings, receipts, adjustments, and reconciliations.
• Oversee vendor invoices, approvals, and reconciliations; support procure-to-pay (P2P) processes.
• Partner with property managers, leasing, and operations teams to resolve issues and enhance financial processes.
• Perform HST reconciliations.
• Manage operating cost and property tax recoveries.
• Record and review monthly accruals from property operations, including contracts and purchase orders.

Audit, Compliance & Reporting Support

• Prepare and maintain audit-ready working papers and supporting documentation.
• Respond to external auditor requests related to both corporate and property ledgers.
• Assist in the preparation of quarterly reporting packages and supporting analysis.

Planning & Projects

• Support budgeting and forecasting processes, including variance analysis.
• Contribute to system implementations and process improvement initiatives.
• Assist senior management with ad hoc reporting, analysis, and special projects.

 
Qualifications & Experience:

• College Diploma or Bachelor’s degree in Accounting, Finance, or a related field (or equivalent experience).
• 1–3 years of property, corporate, or real estate accounting experience preferred.
• Knowledge of GAAP and real estate accounting principles; IFRS exposure is an asset.
• Advanced Excel skills, with the ability to manage and analyze large datasets.
• Experience with Yardi or similar property accounting systems preferred.
• Strong analytical, organizational, and problem-solving skills.
• Proven ability to manage high volumes of work, prioritize effectively, and meet tight deadlines.
• Highly adaptable, with the ability to manage changing priorities and work independently.
• Strong interpersonal skills with the ability to build relationships across teams and functions.
• Excellent written and verbal communication skills, with the ability to clearly explain complex financial concepts.
• CPA designation or progress toward CPA is considered an asset.

 
Core Competencies:

• Customer-focused mindset with a commitment to supporting internal stakeholders.
• Collaborative team player with a positive, proactive approach.
• High level of accuracy, accountability, and attention to detail.
• Ability to manage multiple entities and competing priorities effectively.
• Continuous improvement mindset, with the ability to identify and implement process enhancements.
• Sound judgment and ability to apply accounting principles to solve practical business challenges.

 

At SPECTRAFORCE, we are committed to maintaining a workplace that ensures fair compensation and wage transparency in adherence with all applicable state and local laws. This position's starting pay is: $29.00/hr.