Property Accountant

About Leyad

Leyad is a Montreal-based real estate investment and management firm with a diverse portfolio of residential, commercial, and industrial properties across Canada. For over a decade, we have built long-term value through strategic investments, operational excellence, and a commitment to providing exceptional service to our clients and tenants.

Position Overview

The Property Accountant (Commercial) is responsible for supporting the financial management of Leyad's commercial property portfolio. Reporting to the Accounting Manager, this role oversees day-to-day accounting activities, assists with financial reporting, and works closely with Property Managers to ensure accurate financial records. The ideal candidate is detail-oriented, organized, and eager to grow within a collaborative accounting team.

Key Responsibilities

• Perform full-cycle accounting for an assigned portfolio of commercial properties.
• Prepare journal entries, account reconciliations, and month-end working papers.
• Assist with the preparation of monthly, quarterly, and annual financial statements.
• Review tenant accounts, rent rolls, and operating cost recoveries for accuracy.
• Process CAM (Common Area Maintenance) and realty tax reconciliations.
• Monitor accounts payable and accounts receivable transactions.
• Review commercial lease agreements to ensure accurate tenant billing and rent adjustments.
• Assist with annual budgets, forecasts, and year-end working papers.
• Work closely with Property Managers to resolve accounting discrepancies and answer financial inquiries.
• Support the year-end audit process by preparing schedules and supporting documentation.
• Maintain accurate financial records while ensuring compliance with company policies and accounting standards.
• Contribute to continuous improvements in accounting processes and internal controls.

Qualifications

• Bachelor's degree or diploma in Accounting, Finance, or a related field.
• 2-4 years of property accounting experience, preferably within commercial real estate.
• Experience with Yardi or another property management/accounting software is considered an asset.
• Strong working knowledge of Microsoft Excel.
• Understanding of commercial leases and operating cost recoveries is preferred.
• Excellent organizational skills with strong attention to detail.

Key Competencies

• Strong analytical and problem-solving abilities.
• Ability to prioritize multiple deadlines in a fast-paced environment.
• Detail-oriented with a high level of accuracy.
• Collaborative team player with excellent communication skills.
• Motivated to learn and continuously improve.

Why Join Leyad

Leyad offers a collaborative and supportive work environment where employees are encouraged to develop their skills and grow their careers. As a Property Accountant, you'll have the opportunity to work alongside an experienced team while contributing to the financial success of a diverse commercial real estate portfolio.