Property Accountant

Organization Overview

Based in Vancouver, Community Land Trust (CLT) is a social purpose real estate developer focused on creating communities people are proud to call home. Established in 2015, CLT is a member of the CHF BC group of social enterprises. CLT stewards its real estate, asset management, development, and finance portfolios with access to shared corporate services of the CHF BC group.

CLT currently has more than 34 properties in their portfolio, with more than 3,000 occupied homes and another 800 homes in development or under construction in Victoria, Abbotsford, Maple Ridge, Vancouver, Surrey, New Westminster, Burnaby, Coquitlam, Kelowna and North Cowichan.

Over the past 10 years, CLT has grown significantly, building their own real estate, development, asset management, and finance divisions.  Today, CLT has a real asset portfolio of approximately $1.25 billion, with $45 million in operating budgets and a team of over 50 staff.

Our team of skilled industry professionals is focused on creating and advocating for inclusive communities that residents are proud to call home.

Purpose of the Position

You will be joining a dedicated team of motivated professionals as we steward existing projects, develop new properties, and work with partners to affect change in the affordable housing sector.

Reporting to the Controller or Senior Property Accountant, the Property Accountant will be responsible for a portfolio of income-producing properties (IPP) and cooperative housing entities (Co-ops). The Property Accountant will work closely with our property management team and will be the main point of contact with respect to financial matters with various stakeholders. Responsibilities will include, but are not limited to:

• Preparing monthly financial statements for assigned IPP and Co-ops
• Reconciling inter-company transactions, bank accounts, A/R, A/P and general accounting transactions
• Preparing journal entries, month-end adjustments, and account reconciliations
• Preparing monthly budget variance analysis
• Preparing month-end and year-end working files
• Responding to information requests, reviewing financial statements, and assisting with
• Communicating with vendors and internal teams to investigate, analyze, and collect missing financial information
• Documenting and maintaining complete and accurate supporting information for all financial transactions
• Assisting, preparing and presenting operating budgets
• Performing other related duties, as assigned by the finance department

Requirements

• Relevant post-secondary education in accounting and/or commerce
• Minimum of 2 years of full-cycle accounting and bookkeeping in the real estate industry
• Experience in property management focusing on residential income producing properties
• Hands-on experience with Yardi Accounting System is an asset. Yardi Voyager preferred.
• CPA designated or working towards a CPA designation is an asset
• Strong preference for candidates who have previous exposure to the real estate industry and non-market housing sectors in particular with a focus on the co-operative housing sector either professionally or academically
• Attend Board meetings and general membership meetings as required
• Minimum 3 days per week in office following probation

Skills and Abilities

• Intermediate skills in Microsoft Excel
• Strong understanding of ASNPO and ASPE
• Strong analytical and financial skills
• Strong attention to detail
• Proven ability to meet deadlines and lead multiple projects simultaneously
• Excellent technical and communication skills (verbal and written)
• Ability to work effectively in a team and individual setting
• Audit experience would be considered an asset

What We Offer

At Community Land Trust, we don’t just offer jobs, we offer purpose-driven careers with meaningful benefits, including:

• Mission-driven work supporting inclusive, community-based housing
• Opportunities to engage with the co-operative housing sector, including conferences and federation events
• Regular team and organizational events
• Comprehensive extended health benefits
• Wellness days in addition to annual vacation
• RRSP matching program
• Paid time off between Christmas and New Year’s

Compensation

$68,000–$75,000 annually, commensurate with experience, plus comprehensive benefits, retirement and education allowances.

CLT Development Services Society is an equal opportunity employer.  We hire based on merit and are strongly committed to equity, diversity and accessibility.  Upon request accommodation will be provided throughout the recruitment, selection and/or assessment process to applicants with disabilities.  We value diversity and encourage applications from individuals of all backgrounds and experiences.

Please note that we only contact candidates that possess the qualifications and experience for the position.