Property Accountant - Multi-Residential

Looking for a company with over 50 years of success and no signs of slowing down?

If so, Morguard may be the perfect place for you.

As one of Canada’s leading real estate companies, with properties across North America, we’re proud of our history and excited about our future.

Our Purpose
At Morguard, people are at the centre of everything we do. We are committed to creating lasting value not only for our clients and communities, but for our employees as well. As a fully integrated real estate organization, we offer exposure to a diverse portfolio that includes office, industrial, retail, and multi‑suite residential properties across North America. Our team reflects a wide range of backgrounds, perspectives, and experiences, and we believe that diversity strengthens us.

Collaboration fuels our success. Through innovation, teamwork, and a shared commitment to sustainability, our professionals are empowered to build their careers, contribute meaningfully, and help shape the future of real estate.

Putting Our Purpose into Action
We support our people by offering:

• Access to experienced subject matter experts who provide mentorship and hands‑on learning.

• A wide range of career opportunities across the organization.

• A comprehensive, competitive benefits program that promotes health and wellness.

Where You’ll Add Value

The Property Accountant is accountable for the timely and accurate completion of all accounting activities for an assigned portfolio of real estate investments and for ensuring financial reporting is timely, accurate and is completed in compliance with company’s accounting policies and procedures.

How You’ll Make a Difference

1. General Accounting
Completes the day-to-day transactions (i.e. recording transactions to journals, posting to ledgers, calculating trial balances, posting accruals, completing bad debt provisions etc.) that are a part of a full accounting cycle for a portfolio of real estate investments in order to maintain an accurate and transparent accounting process.

2. Property Accounting Reporting
Produces a variety of financial reports/statements including but not limited to monthly/quarterly financial statement packages annual budget etc. to ensure the adherence to statutory accounting principles that require the accurate reporting of the financial status of the organization.

3. Bank Reconciliation
Completes bank reconciliation and addresses any outstanding discrepancies between the bank and company statements in a proactive manner to ensure accuracy of statements.

4. Support to Accounts Receivable and Collections
Assists the Account Receivable departments and Property Management personnel in reconciling tenants’ accounts as well as follow up on any outstanding accounts to ensure timely receipt of payment.

5. Budgeting for Recoveries
Completes the accounting portion of the budget, as determined, as well as provides assistance, where required, in re-forecasting, variances analysis and reporting and budgeting activities, troubleshoots revenue modeling to support the accurate re-forecast and budgeting processes.

6. Year-End Adjustments
Ensures year-end adjustments/billing for common area/operating costs and realty taxes are processed on time and accurately; ensures revised rental notices are sent to tenants for the coming year on time to ensure maximum collection and accurate budgeting.

7. Support to Annual Audit Process
Assists with year-end audit processes through the preparation of the head office/site accounting packages and the creation of the year-end file to ensure timely and accurate completion of all processes.

Any other job related duties and/or projects that may be assigned.

The Expertise You’ll Bring

• College Diploma or Bachelor’s Degree in Accounting or Business Administration or equivalent

• Minimum of 2 years of relevant accounting experience

• Intermediate to advanced working knowledge of MS Office applications.

Core Competencies

• Excellent communication skills (both written and verbal)

• Strong analytical skills

• Good quantitative analysis skills

• Good organizational skills

• Attention to detail.

Preferred Qualifications and Experience

• Previous experience in real estate industry is an asset.

Why You’ll Love Working at Morguard
At Morguard, we’re committed to creating an environment where our people can thrive. Here’s what you can expect when you join our team:

• A collaborative, inclusive workplace culture that prioritizes employee wellbeing and safety.

• Meaningful opportunities for professional growth and development.

• Exposure to a diverse portfolio of real estate assets across North America.

• A competitive compensation and benefits package designed to support you and your family.

• Support for work–life balance, along with accessible employment practices that meet AODA requirements.

Annualized Base Salary Range: $60,000 - $75,000

Pay Equity

The salary range listed for this position reflects the anticipated compensation at the time of posting. Actual compensation offered may vary and will be determined by factors including, but not limited to, experience, education, skills, certifications, internal pay equity and business needs.

Inclusive by Nature
Diversity is one of our greatest strengths. At Morguard, we provide equal employment opportunities to all candidates and do not discriminate on the basis of race, color, religion, gender, sexual orientation, age, disability, or any other legally protected status. We believe in creating a workplace where everyone has the opportunity to grow, contribute, and make an impact.

Commitment to Accessibility
Morguard is dedicated to maintaining accessible employment practices in accordance with the Accessibility for Ontarians with Disabilities Act (AODA). If you require accommodation at any stage of the recruitment process, please contact Human Resources—our team is here to support you. Please contact Human Resources at (905) 281-3800.